Beard Trimmer Market to Generate $13.0 Billion by 2031 | Product Type, End User, Distribution Channel, and Region

According to the report published by Allied Market Research, the global beard trimmer market garnered $5.7 billion in 2021, and is estimated to generate $13.0 billion by 2031, manifesting a CAGR of 8.8% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.

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Covid-19 Scenario:

  • Manufacturing activities of beard trimmers were stopped completely or partially due to closure of factories with lockdown restrictions in place. In addition, raw material shortage and supply chain disruptions presented challenges in manufacturing activities.
  • However, the demand for beard trimmers increased during the lockdown as many saloons and shops for hair cutting were closed down to prevent the spread of Covid-19. However, disruptions in supply chain pretend difficulties in meeting the sudden rise in demand from household customers. The demand from commercial customers reduced considerably.
  • Many offline distribution channels such as hypermarket and supermarket, specialty store, and others were closed during the lockdown. This impacted the overall revenue of the market. Delivery through online channels was possible for a certain period of time.   
  • The demand is expected to rise steadily post-pandemic as hair salons and shops reopen for full time and people begin visiting them for taking care of their beards.

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The research provides detailed segmentation of the global beard trimmer market based on product type, end user, distribution channel, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.

Based on product type, the cordless segment held the highest share in 2021, accounting for more than three-fifths of the total share, and is expected to continue its leadership status during the forecast period. Moreover, this segment is expected to register the highest CAGR of 9.2% from 2022 to 2031. The research also analyzes the corded segment.

Based on end user, the personal segment accounted for the highest share in 2021, contributing to nearly three-fourths of the total share, and is expected to maintain its lead in terms of revenue during the forecast period. However, the commercial segment is expected to manifest the highest CAGR of 10.3% from 2022 to 2031.

Based on distribution channel, the hypermarket and supermarket segment accounted for the highest share in 2021, holding more than one third of the global beard trimmer market. However, the online segment is expected to dominate in 2031. Also, the online segment is estimated to grow at the highest CAGR of 10.7% during the forecast period. The report also analyzes the segments including specialty store and other stores.

Based on region, Europe held the largest share in 2021, contributing to nearly one-third of the total market share. However, Asia-Pacific is projected to maintain its dominant share in terms of revenue in 2031. In addition, the same region is expected to manifest the fastest CAGR of 11.0% during the forecast period. The research also analyzes regions including North America and LAMEA.

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Leading market players of the global beard trimmer market analyzed in the research include Andis Company, Brio Product Group, Braun, Procter & Gamble, Conair Corporation, Koninklijke Philips N.V., Panasonic Corporation, Syska, Spectrum Brands, and Wahl Clipper Corporation. The report provides a detailed analysis of these key players of the market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. 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.

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Ready-to-drink (RTD) Tea Market generated the highest revenue valued at $38.96 billion by 2027

The global ready-to-drink tea market growth is driven by the health benefits associated with consuming tea and rise in fitness concerns among people in different regions. The additional facts that support the growth of the market include increase in café culture, rise in disposable income, change in taste preferences of consumers, and introduction of additional healthy ingredients in RTD tea. However, increase in cost of raw materials due to unpredictable weather and rise in trend of coffee consumption are expected to hamper the growth of market during the forecast period. Moreover, unpredictable anomaly such as the COVID-19 pandemic may adversely affect the market growth. On the contrary, rise in RTD tea demand from health-conscious young population and frequent introduction of new flavors & variety are expected to provide remunerative opportunities for the expansion of the global ready-to-drink tea market during the forecast period.

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RTD Tea Market by Type, Category, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027,” The global ready-to-drink tea market size was valued at $29.66 billion in 2019, and is anticipated to reach $38.96 billion by 2027, with a CAGR of 5.5% during the forecast period from 2021 to 2027.

Tea is one of the most consumed nonalcoholic beverages for refreshment in the world. RTD tea refers to ready-to-drink tea, which is made available in various flavors in the market. The two prominent types of tea include black tea, widely consumed in western nations, and green tea, common in Asian countries. Tea care & husbandry management comprises proper site selection and several carefully maintained steps, which include permanent source of water, proper shelter, free draining soil with pH ranging from 5 to 5.8 and stringent regulations toward the amount of pesticides sprayed on plantations.

Rise in per capita income, health benefits associated with tea, and introduction of new flavors in tea industry are anticipated to drive the growth of the global ready-to-drink tea market in the future.

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According to the ready-to-drink tea market analysis, the market is segmented into type, black tea is most prominent segment in the market, as it has gained popularity among the health-conscious population. This is attributed to increase in per capita disposable income, busy lifestyle, and surge in demand for on-the-go beverages.

The key players profiled in ready-to-drink tea market include are Suntory Holdings, Nestle S.A, Unilever NV, The Coca Cola Company, Starbucks Corporation, the Republic of Tea, Tata Global Beverages, Danone S.A., Snapple Beverage Corp.(Keurig Dr Pepper), and Harney & Sons Fine Teas. These players are introducing new RTD products in the market to increase the customer base and product sale. For instance, in March 2020, PepsiCo’s joint Lipton venture with Unilever developed two RTD green tea flavors, watermelon and white peach.

Key findings of the study

The black ready-to-drink tea market was valued at $13.61 billion in 2019, and is anticipated to reach $17.09 billion by 2027, with a CAGR of 4.9% during the forecast period.
In 2019, by type, the black tea segment held the highest share, accounting for 45.9%.
On the basis of category, the conventional led the market, garnering 75.8% of the global ready-to-drink tea market tea share in 2019.
Depending on distribution channel, the specialty stores segment is estimated to exhibit the highest CAGR of 6.1%.
In 2019, North America was the most prominent market, and is expected to grow at a significant CAGR throughout the forecast period.

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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.

Accounting Software Market Scenario Highlighting Major Drivers & Growth Forecast by 2030

Rise in adoption of innovative technologies to improve business productivity and increase of virtual chief financial officers (CFO) to enhance business operations in small-scale to medium (SMEs) industry drive the growth of the global Accounting Software Market. In addition, rise in trend of automation in accounting process to enhance efficacy and eliminate manual task aids the growth of the market.

However, additional cost associated with accounting software and data security & privacy concerns impede the market growth.Moreover, rise in adoption of mobile and app-based accounting software among enterprises and individuals is expected to open new opportunities in the future.

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Based on deployment mode, the on-premise segment held the lion’s share in 2020, contributing to nearly three-fifths of the global accounting software market, and is expected to continue its trend during the forecast period.

This is attributed to numerous advantages offered by this on-premise deployment such as high level of data security and safety. However, cloud segment is expected to witness the highest CAGR of 22.1% by 2030, owing to rise in adoption of cloud-based accounting software, due to low cost and easier maintenance.

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By component, the solution segment accounted for more than three-fifths of the global accounting software market share in 2020, and is anticipated to retain its dominance throughout the forecast period. This is owing to its numerous advantages in industries such as eliminating the manual process, streamlining the business process, and reducing the time & cost.

The services segment, however, would showcase the fastest CAGR of 20.9% by 2030. The accounting software offers enormous benefits to the industry, such as cash flow analysis, easy tax filing, balance sheet, trial balance, invoicing, income and expense statements, and payroll, thus improving the growth of the segment.

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By region, North America, garnered the major share in 2020, contributing to more than two-fifths of the global accounting software industry, and is expected to dominate the market during the forecast period. This is attributed to the developed IT infrastructure in this region, cloud-based accounting software also has seen widespread acceptance. 

However, Asia-Pacific is expected to witness the fastest CAGR of 22.2%. This is owing to rapid technological advancements, digitization of economies, and government initiatives increased expendable income among the region’s middle-income population are the key factors that power the overall economy’s growth in Asia-Pacific.

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Covid-19 scenario

  • The outbreak of Covid-19 had a favorable impact on the adoption of accounting software due to lockdown imposed by governments of different countries. To maintain business continuity throughout the pandemic, governments and corporations were increasingly promoting work from home culture or delegating work to employees in less afflicted areas.
  • The situation, on the other hand, has expedited the adoption of modern technologies like AI-powered solutions, big data, automation accounting, and analytics to control expenses while enhancing the customer experience.
  • In addition, the growing need to modernize finance operations is projected to fuel accounting software market growth globally in the post-pandemic.

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Carbon Footprint Management Market Share Growing Rapidly with Recent Trends and Outlook By 2031

Rise in demand for energy consumption by industries and increase in demand for sustainable energy solution have propelled the global Carbon Footprint Management Market.

However, high installation and maintenance costs of carbon footprint solution hinder the market. On the contrary, surge in trend of advanced technologies such as artificial intelligence, IoT, and big data to reduce carbon emission would unlock new opportunities in the future.

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By industry vertical, the residential and commercial buildings segment is projected to manifest the highest CAGR of 9.0% from 2022 to 2031, due to growing awareness regarding the negative effects of excess carbon production and fear of climate change.

However, the energy and utilities segment held the largest share in 2021, accounting for more than one-fourth of the global carbon footprint management market, due to heavy carbon dependency for energy production and rise in need to control it.

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By component, the solution segment held the largest share in 2021, accounting for nearly two-thirds of the global carbon footprint management market, owing to various government sustainability and emission control standards.

However, the service segment is estimated to register the highest CAGR of 8.4% during the forecast period, due to rapidly growing demand for carbon footprint management services.

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The market across North America dominated in 2021, accounting for nearly two-fifths of the market, owing to high concentration of specialized CFM solutions vendors and supporting government policies present in the region.

By region, the global carbon footprint management industry across Asia-Pacific is anticipated to showcase the highest CAGR of 8.8% during the forecast period, owing to their high dependency on coal for energy production and global pressure to curb carbon and carbon dioxide emissions.

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Covid-19 scenario:

  • Due to Covid-19 outbreak, several business and manufacturing industries were forced to limit or halt their production. Moreover, dearth of staff and worker on-site created challenges to maintain full-scale productivity.
  • Rise in consumer awareness about personal carbon footprint management boosted the market growth.

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Mobile Value-Added Services Market Expected to Reach USD 2 Billion by 2030—Allied Market Research

The massive rise in mobile user base and high mobile phone usage is anticipated to increase Mobile Value-Added Services Market opportunity. This is because of mobile phones are also heavily used for entertainment on the go. For instance, watching movies, playing games, watching news, cricket scores, money transfer, and others.

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Another significant driver for mobile value-added services is the rollout of 4G and 5G network services because it necessitates the deployment of new services that will draw more users to the operator. With the rollout of new technology innovation in field of telecommunication sector, content providers are now focusing on supplying fresh, interesting material that draws customers, and provides better customer service. These factors are anticipated to boost the mobile value-added services market size in the upcoming years.

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The global mobile value-added services market share is segmented based on solution, end-user, vertical type, and region. By solution, it is classified into Short Messaging Services (SMS), Multimedia Messaging Services (MMS), location based services, mobile email & instant messaging, mobile money, mobile advertising, mobile infotainment, and others. By end-user, it is classified into small & medium enterprise and large enterprise. By vertical type, it is classified into media & entertainment, healthcare, education, retail, government, telecom & IT, and others.

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By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.The key players profiled in the mobile value-added services industry report include Mozat, Apple Inc., Vodafone Group plc, Samsung Electronics Co. Ltd., Reliance Industries Ltd., Huawei Investment & Holding Co. Ltd., Onmobile Global Limited, Comviva Technologies, Alphabet Inc., and One97 Communication.

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Key Findings of the Study

  • Based on solution, the Short Messaging Service (SMS) sub-segment emerged as the global leader in 2021 and the mobile money sub-segment is anticipated to be the fastest growing sub-segment during the forecast period
  • Based on end-user, the large enterprises sub-segment emerged as the global leader in 2021 and the small & medium enterprises sub-segment is predicted to show the fastest growth in the upcoming years
  • Based on vertical type, the government sub-segment emerged as the global leader in 2021 and the telecom & IT 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 European market is predicted to show the fastest growth in the upcoming years

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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.

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Action Figures Toys Market: Analysis by Key Players Focusing on Growth Strategies and Upcoming Future

The global Action Figure Toys Market was valued at $9 billion in 2021, and is projected to reach $15.3 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031. The reason for the popularity of action figure toys is that it is a highly competitive market. As a result, there are numerous companies that manufacture these toys, and each one is competing to gain a stronger foothold in the market. This means that prices are kept low due to which the customers are benefitted as they can get these items at affordable rates. These products are sold all over the world and are in high demand. Hence, there is plenty of scope for expansion in this market. Moreover, people all over the world enjoy purchasing and collecting action figure toys which is expected to boost the growth of the market in the coming years.

𝗚𝗿𝗮𝗯 𝗣𝗱𝗳 𝗙𝗼𝗿 𝗠𝗼𝗿𝗲 𝗜𝗻𝗳𝗼 @: https://www.alliedmarketresearch.com/request-sample/17487

𝗧𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝘀 𝗮 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗽𝗿𝗼𝗳𝗶𝗹𝗲𝘀 𝗹𝗶𝘀𝘁𝗲𝗱 𝗯𝗲𝗹𝗼𝘄:

Some of the key players profiled in the action figure toys market analysis include Hasbro Inc., Mattel Inc., LEGO System A/S, Spin Master, Bandai Namco Entertainment Inc, McFarlane Toys, National Entertainment Collectibles Association, Hot Toys Limited, Square Enix, and Kotobukiya.

Segmentation:

The global action figure toys market is segmented into material type, age group, gender, sales channel, and region. By material type, the market is classified into plastic-based, silicon-based, and others. By age group, it is studied across up to 5 years, 5 to 10 years, and above 10 years. By gender, it is distributed into boys-related, girls-related, and neutral. By sales channel, the market is divided into hypermarket/supermarkets, specialty stores, departmental stores, online channels, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Based on Material Type, the Plastic material Action figure toys segment held the major share in the market, and it is likely to remain same throughout the forecast period. Plastics appear to be the ideal raw material for toys. They’re relatively cheap, easy to clean, long-lasting, and can be shaped into almost anything a child’s imagination can conjure up. Manufacturers are now moving towards sustainable plastic action figure toys.

Regional Insights:

Based on region, North America has the highest action figure toys market share in 2021. North America occupied the largest market share of around 38.7% in the action figure market in 2021, Operating players in the market are strengthening their retail presence across the region. Amazon, Walmart, and Target have increased their toy assortments and ramped up their marketing in 2019. Walmart, which coined itself ‐America‐™s Best Toy Shop,‐ introduced a digital playground and relaunched its interactive toy lab while Amazon released its second annual paper toy catalog for the holiday.

𝑹𝒆𝒍𝒂𝒕𝒆𝒅 𝑹𝒆𝒑𝒐𝒓𝒕𝒔:

Grass fed Protein Market

Organic Pet Food Market

Cocoa Market

U.S. and Australia Egg Protein Market

  Key findings

  • Region-wise action figure toys market size is anticipated to grow in Asia-Pacific at a robust CAGR of 10.2% during the forecast period.
  • By material type, the plastic-based action figure toys led in terms of market share in 2021, and are expected to gain market share in the action figure toys market forecast period.
  • As per gender, the boys-related action figure toys market share is leading in terms of market share and is predicted to dominate the same in the coming years.
  • Depending on age group, the 5 to 10 years segment accounted for about two-fi share of the action figure toys market in 2021, and is poised to grow at the highest CAGR during the forecast period.
  • On the basis of sales channel, action figure toys market growth in the online channels segment is expected to gain market share in the coming years and is estimated to grow at a CAGR of 5.9% during the forecast period.

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.

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.

Nutraceutical Ingredients Market Size 2022: Industry Analysis, Share, Segmentation, Price Trends, Regional Analysis and Forecast 2031

The study report offers a comprehensive analysis of “Nutraceutical Ingredients Market” size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. This market study estimates the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors.The nutraceutical ingredients market size was valued at $163.9 billion in 2021, and is estimated to reach $327.3 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031.

𝗚𝗿𝗮𝗯 𝗣𝗱𝗳 𝗙𝗼𝗿 𝗠𝗼𝗿𝗲 𝗜𝗻𝗳𝗼 @: https://www.alliedmarketresearch.com/request-sample/370

𝗧𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝘀 𝗮 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗽𝗿𝗼𝗳𝗶𝗹𝗲𝘀 𝗹𝗶𝘀𝘁𝗲𝗱 𝗯𝗲𝗹𝗼𝘄:

The major players analyzed for global nutraceutical ingredients industry are Amway Corporation, AOR Inc., Archer Daniels Midland, Cargill Incorporated, Danone, EID Parry, General Mills, Herbalife International of America Inc., Innophos, Matsun Nutrition, Mead Johnson, Nestle SA, Natrol, Royal DSM, and Valensa International.

North America is the most dominating region in the market in 2021

Region wise, North America dominated the market with the largest share during the nutraceutical ingredients market forecast period. The nutraceutical ingredients market growth in this region is attributed to an increase in the usage of dietary supplements since people are becoming more aware of the health advantages of taking them because they include nutrients, primarily minerals and vitamins. 80% of American adults use dietary supplements, according to U.S. Pharmacopeia Convection.

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The nutraceutical ingredients market is analyzed based on type, form, application, and region. By type, the nutraceutical ingredients market is divided into probiotics, vitamins, minerals, proteins, dietary fibers, and others. Further, proteins segment is bifurcated into plant proteins and animal proteins. Among these, the probiotics segment occupied the major nutraceutical ingredients market share of the market in 2021, and is projected to maintain its dominance during the forecast period.

𝑹𝒆𝒍𝒂𝒕𝒆𝒅 𝑹𝒆𝒑𝒐𝒓𝒕𝒔:

Post-Op shoe Market 

CAM walker Market

Vinyl Wallpaper Market

Microalgae Market

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the nutraceutical ingredients market analysis from 2021 to 2031 to identify the prevailing nutraceutical ingredients market opportunities.
  • Market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the nutraceutical ingredients market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • 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 nutraceutical ingredients market trends, key players, market segments, application areas, and market growth strategies.

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.

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.

Ozone Generation Market Projected to Garner Significant Revenues By 2030

The rise in hygiene concerns, such as air purification at crowded places and sterilizing drinking water by oxidizing all germs and bacteria, and advancement in industries led to an increase in the usage of ozone, which in turn increased the scope of ozone generation. Thus, expected to act as the major driving factor for the ozone generation market.

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Ozone, also known as trioxygen, has the chemical formula O3 and is composed of three oxygen atoms. Ozone gas is naturally unstable at normal atmospheric conditions, which means that in commercial applications, ozone must be made on-site using an ozone generator. The lifetime of ozone in water depends on various factors, including water temperature, ozone concentration, and the composition of the water itself. Although ozone does exist naturally, it is a relatively unstable and reactive gas. Therefore, ozone exists in the lower atmosphere at low concentrations. The greatest quantities of natural ozone are found at levels of up to 6 ppm (v/v) in the stratosphere, thus the term, the ozone layer. The natural production of ozone is by either UV radiation or lightning. As a commercially demanded treatment, there have been decades of R&D put into various methods of ozone industrial production. Today there are four recognized methods, such as corona discharge, ultraviolet radiation, electrolysis, and radiochemical source. In addition, Ozone is one of the most powerful oxidation tools used by water treatment professionals for purification and disinfection. However, the rising water treatment system may act as the major driving factor for the market.

Ozone is created from Oxygen in nature and in ozone generators for commercial or industrial applications. However, ozone quickly reverts back to molecular Oxygen. Ozone cannot be stored due to a short half-life and must be produced on-site and on-demand. Therefore, the ozone generator is the most important component of any successful ozone system. Industrial and commercial ozone applications use corona discharge ozone generators, almost exclusively.

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The ozone generation market is segmented on the basis of technology, application, end-user, and region. On the basis of technology, the market is classified into ultraviolet, cold plasma, corona discharge, and electrolytic. By application, it is categorized into wastewater treatment, air purification, medical equipment, food & beverages, and others. On the basis of end-use, it is categorized into industrial, residential, municipal, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this ozone generation industry report include Daikin Industries, Ltd., Evoqua Water Technologies LLC, Electrolux, Ebara Corporation, Fuji Electric Co., Ltd., Mitsubishi Electric Corporation, MKS Instruments, Teledyne Technologies, Toshiba Corporation, Xylem.

The report focuses on the global ozone generation market analysis and the major products and applications where ozone generation is deployed. It further highlights numerous factors that influence market growth, such as forecasts, trends, drivers, restraints, opportunities, and roles of different key players that shape the market. The report focuses on the overall demand for ozone generation in various countries, presenting data in terms of both value and volume. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.

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Key Findings of Study

  • On the basis of technology, the corona discharge segment emerged as the global leader in 2020 and is anticipated to be the largest market during the forecast period.
  • On the basis of application, the medical equipment segment emerged as the global leader in 2020 and is anticipated to be the largest market during the forecast period.
  • Depending on end-use, the industrial segment registered the highest market share in 2020 and is projected to maintain the same trend during the forecast period.
  • Region-wise, Asia-pacific registered the highest market share in 2020 and is projected to remain dominant during the forecast period.

About Us

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

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

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Oilfield Auxiliary Rental Equipment Market to Undertake Strapping Growth during 2030

The oilfield auxiliary rental equipment market is anticipated to witness considerable growth during the forecast period. This is attributed to factors, such as the rise in demand for crude oil and other oil & gas products from developing regions, including Asia-Pacific and Latin America. In addition, the rapid growth of hybrid or dual-fuel vehicles across the globe fuels the demand for oil & gas products, which, in turn, is anticipated to drive the growth of the oilfield auxiliary rental equipment market. However, stringent government regulations toward environmental pollution caused by oil & gas products and rapid development in the electric vehicle and renewable energy sector hinder the growth of the market across the globe. Conversely, an increase in investment in offshore oil & gas exploration and production activities is anticipated to provide lucrative opportunities for the growth of the market.

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Oilfield auxiliary rental equipment is an infrequently used instrument in oilfield exploration and production activities. Therefore, companies avail such instruments on rent instead of purchasing them. The rent mechanism saves the overall project cost to a significant extent. Equipment or machinery are offered on rent for an hourly, daily, weekly or annual period on the basis of the project timeline in the market. It comprises various types of equipment including, drilling and pressure flow & control.

Significant development of the end-use industries, including mining, manufacturing, offshore, automotive, and building & construction is fueling the demand for oil & gas products, which, in turn, is expected to drive the growth of the oilfield auxiliary rental equipment market during the forecast period. In addition, an increase in attention toward enhancing the production of oil & gas by oil & gas companies to fulfill the increasing demand for energy from end consumers is driving the growth of the oilfield auxiliary rental equipment market across the globe. However, the implementation of stringent government regulations toward environmental pollution and the development of the electric vehicle and renewable energy sector hamper the growth of the global market.

On the basis of equipment, the drilling equipment segment holds the largest market share, in terms of revenue, and is expected to maintain its dominance during the oilfield auxiliary rental equipment market forecast period. This growth is attributed to the rising number of oil & gas exploration and production activities in the countries, such as North America, Asia-Pacific, and Africa.

In addition, the rapid growth of developed oilfields across the globe increases the need for oilfield well services to enhance the production of wells, which, in turn, is expected to fuel the growth of the market during the forecast period.

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On the basis of application, the onshore segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of XX%. This is attributed to increase in the efficiency of onshore field oil & gas production compared to offshore fields and the rise in the number of developed onshore oil wells across the globe. In addition, a rise in investment toward increasing production from onshore fields propels the oilfield auxiliary rental equipment market growth. Moreover, 70.0% of the world’s oil & gas come from onshore sites, which notably contributes toward the growth of the oilfield auxiliary rental equipment market.

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

In addition, a rise in the number of new exploration fields, improvements in shale oil production in North America, and a surge in oilfield services in onshore oilfields to enhance productivity are anticipated to fuel the growth of the global oilfield auxiliary rental equipment market during the forecast period.

The global oilfield auxiliary rental equipment market analysis covers in-depth information on the major oilfield auxiliary rental equipment industry participants. The key players operating and profiled in the report include Halliburton Company, Schlumberger Limited, Weatherford International Plc., Key Energy Services, Ensign Energy Services Inc., Parker Drilling Company, Superior Energy Services, Inc., Oil States International, TechnipFMC, Odfjell Drilling.

The other players operating in the value chain of the global oilfield auxiliary rental equipment market are John Energy Limited, Savanna Energy Corporation, Basic Energy Services, Inc., and Bestway Oilfields & Gas Equip. LLC, Circle T Service & Rental Ltd., Certified Oilfield Rentals LLC, and Seadrill Ltd.

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KEY FINDINGS OF THE STUDY

  • In 2020, the drilling equipment segment accounted for about 62.2% of the share in the global oilfield auxiliary rental equipment market and is expected to maintain its dominance till the end of the forecast period.
  • In 2020, the pressure flow & control segment accounted for 24.7% oilfield auxiliary rental equipment market share 2020 and is anticipated to grow at a rate of 4.2% in terms of revenue, increasing its share in the global oilfield auxiliary rental equipment market.
  • In 2020, the onshore segment accounted for about 57.4% of the share in the global oilfield auxiliary rental equipment market and is expected to maintain its dominance till the end of the forecast period.
  • Offshore accounted for 42.5% oilfield auxiliary rental equipment market share in 2020 and is anticipated to grow at the fastest rate of 4.3% in terms of revenue, increasing its share in the global oilfield auxiliary rental equipment market.
  • In 2020, North America dominated the global oilfield auxiliary rental equipment market with more than 31.7% of the share, in terms of revenue.

About Us

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

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

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll-Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
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Food and Beverages Disinfection Market Current and Future Trends, Demand, Insight Growth and Forecast

The penetration of UV-based disinfection equipment among centralized food and beverage facilities would fuel food and beverages disinfection market growth during the forecast period. The centralized approach for food processing especially for packaged food products has significantly increased the turnaround for food and beverage packaging. The food contact disinfection activity requires longer duration for sanitation, which eventually increases the overall time required for food and beverage processing. In addition, the manufacturers are facing challenges in terms of chemical disinfectant supply, which has created the need for an effective alternative for conventional chemical based disinfectants.

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Food and beverages disinfection Market by Product Type and End User: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”The global food and beverages disinfection market size is estimated to reach $2,387.9 million by 2025 growing at a CAGR of 4.4% through the forecast period. The chemical based disinfection products segment led the food and beverages disinfection market in 2017, followed by UV disinfection equipment. The significant growth in this segment is attributed to increased penetration of packaged food products in retail food industry, growth in awareness toward food borne diseases, and introduction of regulatory imposition from government organizations.

Chlorine compounds are one of the most convenient chemical disinfectants used by food processing companies due to its economic pricing and easy availability. Hence, the above factors attribute toward the growth in chlorine compound segment in food and beverages disinfection market forecast. Increase in number of patient population suffering from food and water borne diseases has increased the financial burden on healthcare service providers in Asia and Africa. According to WHO, Diarrhoeal diseases contribute 50% of the food borne illnesses with total incidence of 550 million globally per year. The annual mortality rate of diarrhoeal diseases is around 230,000 per year.

In terms of value, North America and Europe collectively contributed around half of the global market share in the food and beverages disinfection market in 2017. The key players profiled in the report include Toshiba, Evoqua Water Technologies, UV-Guard Australia, Evonik, Trojan Technologies, Entaco, Solvay, CCL Pentasol, Halma, and Xylem.

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Key findings of the Food and beverages disinfection Market:
Based on product type, the chlorine compound segment was the highest revenue contributor to the food and beverages disinfection market growth in terms of value in 2018 and is expected to grow at a CAGR of 3.8%, from 2018 to 2025.
Based on end user, the food processing companies segment was the highest contributor to the food and beverages disinfection market growth in terms of value in 2017, and is estimated to grow at a CAGR of 3.8% from 2018 to 2025.
Based on product type, the chemical disinfectants in Food and beverages disinfection industry (chlorine compounds, hydrogen peroxide and peroxyacid (PAA), and carboxylic acid) collectively accounted for approximately 80% food and beverages disinfection market share in 2017.
Based on end user, the food processing companies and beverage processing companies segments collectively accounted for more than 50% of the revenue share in the food and beverages disinfection market in 2017, and are anticipated to grow at the higher CAGR of 3.8% and 4.0%, respectively.

Reasons to Buy This Food and beverages disinfection Market Report:

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○ 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.

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.