A Market Place Research – Page 1345

Decanter Market Expected to Reach $528.3 Million by 2030 | Global Industry Inputs on Current Key Players

According to a new report published by Allied Market Research, titled, “Decanter Market by Material, End User, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global decanter market size was valued at $354.7 million in 2020, and is projected reach $528.3 million by 2030, registering a CAGR of 4.1% from 2021 to 2030.

Global Leaders:

Some of the major players profiled in the market analysis include Bormioli Luigi S.p.A., Fiskars Group, Godinger, Lenox, Ngwenya Glass, Prestige Decanters, Riedel, Royal Selangor, Saver Glass, and Tossware. Other prominent players analyzed in the report are N R S Glass Suppliers, Ravenscroft Crystal, Quality Products of India (QPI), Sempli, Zwiesel, Waterford Crystal, and Tilted Earth Festival.

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Rise in spirit tourism encourages tourists to indulge and experience local beverages and their distilleries, which directly impact the growth of decanters. Tourism, especially in the western countries, has fueled the revenue of decanter, owing to increase in tourist visits to distilleries, wineries, and breweries.

Furthermore, rise in acceptance of spirits consumption by overseas tourists fuels the market growth of decanters as the tourist prefer to enjoy the alcoholic beverages at premium places. Decanters place an important role to enhance the taste of alcoholic beverages especially wines. Furthermore, it provides premium touch to the aesthetics. With growing spirit tourism, especially for wine in Europe, the demand for decanters is likely to gain traction in upcoming years.

There has been a shift in consumer buying behavior in the past few years. This shift has led to an increase in online purchases of products. Players manufacturing decanters are now adopting omnichannel approach and have ventured to sell their products online. These players are actively engaging on their own company websites as well as other ecommerce platforms such as Amazon, Walmart, and Target.

The sale of decanters via online channels has witnessed an upsurge in the recent years. The ease of buying, wide selection of products, doorstep delivery, and ease of payment are attracting more customers toward these channels. The increase in sales via online channels will continue to grow in the near future, and provide lucrative opportunities for the engaged stakeholders in the decanter market.

According to Shankar Bhandalkar, Team Lead-Research, Consumer Goods at Allied Market Research, “Premium decanters made of glass material particularly crystal are gaining high traction among both commercial and residential segment of the market”

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The global report is studied on the basis of material, end user, and sales channel. By type, it is segregated into spreader bar and conventional hammocks. By material, the market is studied across glass and plastic. By end user, it is segmented into residential and commercial. By sales channel, the market is bifurcated into offline channel and online channel.

COVID-19 has caused negative impact on the global market. Disruptions in supply chains, lack of availability of raw material, and a decrease in demand for alcoholic beverages were some of the reasons negatively impacting the market growth; however, with easing restrictions and gradual resumption of hospitality industry the demand is likely to surge in coming years.

The global decanter market is studied across North America, Europe, Asia-Pacific, and LAMEA. Europe leads in terms of market share for 2020; however, Asia-Pacific is forecasted to witness significant growth during the forecast period, owing to surge in large-scale urbanization, rise in disposable income, and expansion of hospitality industry in the region. China along with India and South East Asian countries is likely to witness increased demand of decanters in the coming years.

Key Findings of the Study:

By region, Europe dominates in terms of the market share; however, Asia-Pacific is anticipated to grow with the highest CAGR during the forecast period.
By material, the glass segment has led in terms of market share in the year 2020. However, the plastic segment is poised to grow with a robust CAGR during the forecast period.
By end user, the residential segment accounts for almost three-fourth of the market share.
By sales channel, offline sales channels lead in terms of market share, nevertheless the online channels segment is likely to gain market share by the end of forecast period.
The demand for premium decanters is expected to gain high traction in the upcoming years.

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Asia-Pacific Group Travel Market Expected to Reach $689.5 Billion | CAGR of 6.0% EXO Travel, Thomas Cook (India) Limited

Prominent factors influencing outbound tourists destination selection for Asia-pacific travelers are overall image of holiday destination, good tourist facilities & infrastructure; variety of things to see and do; safety & security; and the ease of obtaining visas.

According to a new report published by Allied Market Research titled, “Asia-Pacific Group Travel Market by Group Type and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2019-2030,” the Asia-Pacific group travel market size was valued at $331.9 billion in 2017, and is expected to reach $689.5 billion by 2030, registering a CAGR of 6.0% from 2019 to 2030. China dominated the Asia-Pacific group travel market share in 2017, accounting for 52.4% of the total expenditure.

Global Leaders:

The key players profiled in the Asia-Pacific group travel market analysis includes EXO Travel, Thomas Cook (India) Limited, G2 Travel, Apollo Asia Travel Group (AATG), Destination Asia, Expedia, Inc. Miki Travel Limited, Trafalgar, and ASIA DMC.

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Tourism has always remained in the cynosure for the government owing to its vast economic contribution to the economic well-being of the country. As a result, top regime of the countries spends enormous amount of capital and resources in the form of infrastructure, advertising, and promotional to lure travelers from round the world. Deciphering consumer behavior plays a vital role for tourism-friendly policies. Strong focus on digital presence, friendly tourist policies, safety & security along with managing & maintaining the reputation are some of the quests top administration are contended with.
Group travel refers to the people travelling together in a group of two or more than two. Reservations for group travelers are often booked together during the course of their travel, which includes logistics, accommodation, and travelling. Moreover, traveling in a group is relatively more economical than traveling solo, as the costs incurred in meals, transits, activities, and accommodations are shared between the groups.

Group travelers are opting for unique and exotic holiday destinations, to get away from daily hectic schedule and to gain valuable experiences. Private, quite, serene, and exotic locations are the major factors that people consider while choosing their travel location. Private islands have been voted as top preference by the luxury travelers. In addition, destinations, which are culturally and traditionally intriguing are getting popular among the affluent travelers, owing to rise in interest of people to learn and absorb the local culture. Furthermore, gastronomy has gained wide attraction amongst culinary bloggers and food loving people in the Asia-Pacific region.

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The Asia-Pacific group travel market is segmented based on group type, sales channel, and country. Based on group type, the Asia-Pacific group travel market is studied across leisure group, special interest group, high end group, and incentive travel. Based on sales channel, the market is bifurcated into travel agencies and tour operators. To gain a comprehensive understanding, the market scenario is analyzed across key countries namely Thailand, Indonesia, Malaysia, Singapore, India, Philippines, China, Taiwan, Hong Kong, Japan, Korea, and rest of Asia-Pacific.

Expansion of low-cost airlines, government initiatives, flourishing corporate travel demand drive, and transition of consumer behavior from products to experiences are the factors expected to foster the Asia-Pacific group travel market growth in the upcoming years.

Key Findings of the Asia-Pacific Group Travel Market :

In terms of value, the leisure group segment is expected to grow at a CAGR of 5.7% during Asia-Pacific group travel market forecast period.
For the year 2017, China is expected to dominate the Asia-Pacific group travel industry and continue to retain its dominance throughout the forecast period.
The travel agencies segment is anticipated to dominate the Asia-Pacific group travel market demand registering a CAGR of 6.3%.
China, Korea, Hong Kong, and Thailand collectively accounted for about two-thirds of the share of the market for 2017.
China dominated in terms of global international departures rounding about 143 million for the year 2017
Average expenditure incurred by Chinese people for outbound travelling expenses exceeds $1,800 per person

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Solar Simulator Market to Witness Robust Expansion throughout the Forecast Period 2021 – 2031

The solar simulator market is anticipated to witness considerable growth during the forecast period, owing to factors such as rapid development in the solar energy sector, and a rise in demand for the solar simulator in automotive testing and biomass testing. However, the disadvantages associated with solar simulators is the key factor restraining the growth of the market in the upcoming years. On the contrary, government initiatives & investment toward R&D of solar power components create opportunities for the key players in the solar simulator market.

The solar simulator also known as a sun simulator is a device capable of providing illumination nearly equal to natural sunlight. There are two different types of solar simulators such as steady-state and pulsed solar simulators. Pulsed solar simulators may be single-pulse or multi-pulse solar simulators. Steady-state solar simulators have 1,000 hours of continuous operation. While pulsed solar simulators have 40,000 to 1 million flashes. Solar simulators are used in the testing of solar cells, modules, solar materials & products, automotive testing, textile, biomass study, and other indoor testing facilities for R&D purposes.

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Significant development of the end-use industries such as textile, automotive, paint & coatings, solar, pharmaceutical, chemicals, and healthcare has fueled the demand for solar simulators to check performance parameters of the products or materials from the above-mentioned industries, which in turn drives the growth of the solar simulator market during the forecast period. In addition, an increase in demand for solar products from developing economies such as India, China, and Japan fuels the growth of the market, globally. However, the high cost associated with solar simulators and disadvantages such as high-power consumption, high electronic drive costs, and short life cycles is the key factors that are expected to hamper the global solar simulator market growth in the upcoming years.

Depending on the type, the pulsed solar simulator segment held the highest market share of about 56.7% in 2021 and is expected to maintain its dominance during the solar simulator market forecast period. This is attributed to the rising demand for pulsed solar simulators from PV module testing and other applications.

In addition, an increase in demand for rapid & accurate measurement of electrical power output, characteristics of PV cells, modules, and solar panels for manufacturing of standard products is further expected to fuel the growth of the market in the coming years.

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On the basis of the light source, the xenon arc lamp segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the rising demand for xenon arc lamp-based solar simulators owing to their ability to produce stable spectral equal to the sunlight without filtering from various applications including testing of PV cell or module applications. In addition, the increase in the use of xenon arc lamp-based solar simulators owing to advantages associated with it such as good match to sunlight spectrum, stable spectrum, ability to produce high-intensity beams, and others fuel the growth of the xenon arc lamp-based solar simulator market in the coming years.

On the basis of application, the PV cell/module and material testing segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 5.9%. This is due to rapid growth in the solar energy industry over the last decade is projected to continue in the upcoming years and owing to increased investments in renewable energy across the globe. In addition, the rise in demand for solar panels to energize home appliances such as lights and pumps rises the demand for solar-based products, which in turn is expected to drive the growth of the solar simulator for the testing of modules and PV materials during the forecast period.

On the basis of region, the market is analyzed across four major regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific garnered the dominant share in 2021 and is anticipated to maintain this dominance in solar simulator market trends during the forecast period. This is attributed to the presence of key players and a huge consumer base in the region. In addition, the rapid expansion of the renewable energy sector, rise in investment toward building & construction of renewable energy infrastructure, and increase in research & development efforts in the region are further anticipated to fuel the growth of the market in the upcoming years.

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The global solar simulator market analysis covers in-depth information of the major solar simulator industry participants. The key players operating and profiled in the report include ABB, Ltd., ABET Technologies, Inc., Asahi Spectra Co., Ltd., Endeas, Gsolar Power Co., Ltd., Iwasaki Electric Co., Ltd., Sciencetech, Inc., Schneider Electric, Solar Light Company, LLC, and Spectrolab. Other players operating in the value chain of the global solar simulator market are OAI, Wacom Electric Co. Ltd., Nisshinbo Mechatronics, Inc., Spire Solar, and others.

KEY FINDINGS OF THE STUDY

•   In 2021, the pulsed solar simulator type segment accounted for about 56.7% of the share in the global solar simulator market and is expected to maintain its dominance till the end of the forecast period.
•   In 2021, the xenon arc lamp light source segment accounted for 31.4% solar simulator market share in the year 2021, and is anticipated to grow at a rate of 5.7% in terms of revenue, increasing its share in the global solar simulator market.
•   LED lamp is the fastest-growing light source segment in the global solar simulator market and is expected to grow at a CAGR of 6.1% during 2022–2031.
•   Automotive testing application segment is expected to grow at the fastest rate, registering a CAGR of 6.2%, throughout the forecast period.
•   In 2021, the Asia-Pacific region dominated the global solar simulator market with more than 42.7% 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.

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Instant Dry Yeast Market Is Showing Tremendous Growth from All Over the Region 2030

The Instant Dry Yeast Market size is expected to reach $1,273.50 million by 2030, registering a CAGR of 7.6% from 2021 to 2030. Instant yeast is more finely ground than active dry yeast. Marketed as dissolving and activating more quickly (thus the instant part), it is nearly identical to active dry. It is also known as bread machine yeast, rapid-rise yeast or quick-rise yeast. Instant dry yeast has the advantages of high activity, stable performance, easy transportation and storage and convenient to use. It is an excellent fermentation agent and biological raising agent, widely used in bread, pastry and other fermented products.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://www.alliedmarketresearch.com/request-sample/13543

𝗠𝗮𝗷𝗼𝗿 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀:

The players operating in the instant dry yeast industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Lesaffre, Hagold Hefe Gmbh, Asmussen Gmbh, ACH Food Companies, Inc, Fleischmann’s Yeast, LALLEMAND Inc, AB Mauri Food, Pakmaya, Angel Yeast and Keliff’.

𝗤𝘂𝗶𝗰𝗸 𝗕𝘂𝘆: https://www.alliedmarketresearch.com/checkout-final/08141d9f61c4033d4ce4c48e3d59204c

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗢𝘂𝘁𝗹𝗼𝗼𝗸:

Region wise, Asia-Pacific instant dry yeast market is expected to witness highest growth at a CAGR of 8.3% during the forecast period. Increase in investments by several small and midsized food manufacturing companies in developing countries supports the growth of the market. The major drivers of the Asia-Pacific instant dry yeast market are presence of high population base, changes in taste & preferences of consumers, and surge in number of fast food chains/trucks. Moreover, adoption of western lifestyle and rise in disposable income are anticipated to drive the growth of the market. Rise in purchasing power of the Asia-Pacific population, rapid urbanization, and presence of large customer base preferring instant dry yeast drive the market growth in the Asia-Pacific.

Key Findings Of The Study

The Instant Dry Yeast market was valued at $619.2 million in 2020, and is estimated to reach $1,273.5 million by 2030, registering a CAGR of 7.6% from 2021 to 2030.
By packaging type, the bottle segment is estimated to witness the significant growth, registering a CAGR of 7.6% during the forecast period.
In 2020, depending on distribution channel, the supermarket/hypermarket segment was valued at $379.2 million, accounting for 28.4% of the global instant dry yeast market share.
By end user, the household segment is estimated to witness the significant growth, registering a CAGR of 8.3% during the forecast period.
In 2020, the U.K. was the most prominent market in Europe, and is projected to reach $122.7 million by 2030, growing at a CAGR of 6.9% during the forecast period.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻: https://www.alliedmarketresearch.com/request-for-customization/13543

On the basis of end user, the food services segments accounted for around 24.1% market share in 2020, with the former constituting around 27.53% share and is expected to grow at CAGR of 6.1% during the forecast period. Inclination of consumers toward new cuisines at a reasonable cost boosts the adoption of new technologies for preparing quick-served foods among full-service restaurants. Ongoing trends of luxury dining and tourism are expected to drive the instant dry yeast market through full-service restaurants.

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𝗔𝗯𝗼𝘂𝘁 𝗨𝘀

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

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.

Fuel Ethanol Market Trends, Active Key Players, and Growth Projection Up to 2031

The surge in the expansion of utilization of conventional and flexible fuel vehicles in the transportation industry is expected to propel the demand for fuel ethanol throughout the forecast period. The need for sustainable green energy development and government support to green industries which are helpful in achieving the zero-carbon emission targets led to the expansion and investment in the development of ethanol fuel manufacturing centers. Ethanol fuel is a key additive for gasoline to bring changes in the transportation industry through impressive reduction of carbon emission by over 80% and also increase the life cycle of the engine compared to fossil fuel. The increasing investment of the government and market players worldwide towards the procurement of the fuel ethanol raw materials from the producer has a positive impact on the growth of the market. The growing awareness among the people in regard to the positive impact of blended fuel in the train.

The fuel ethanol market was valued at $86.0 billion in 2021 and is estimated to reach $134.5 billion by 2031, growing at a CAGR of 4.61% from 2022 to 2031.

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Fuel ethanol is a renewable fuel made from various plant materials collectively known as biomass and even waste biomass, which can be used in existing motor engines without modification. Fuel ethanol is used as an additive to gasoline to increase the octane content in the fuel. The need for a green energy source for the production of fuel led to the development of fuel ethanol manufacturers across the world. The increasing CO2 content in the environment has led to a surge in global warming in recent years, most of the CO2 emissions across the globe are mostly due to the use of automotive vehicles in the transportation industry.

The increase in innovation and development of technology in the improvement of the efficiency of the extraction of biofuels (which includes fuel ethanol) from biomass has a positive impact on the future development of the market. The increase in investment of major oil manufacturers in the procurement of fuel ethanol from the fuel ethanol producers to improve the gasoline octane content, reduce the production of carbon soot, and follow the government regulations to reduce carbon emission are major factors driving the growth of the fuel ethanol industry.

Increase in technology to extract the ethanol fuel from non-food crops with economical cost, the government policies and initiatives to support the green industries, which can provide extra income to the farmers and also reduce the carbon emission during improper handling of agricultural waste. In addition to the presence of global fuel giants such as Shell, Hindustan Petroleum Corporation Limited has reached various partnerships, collaborations, and acquisitions in regard to biofuel-related companies in order to commercialize the biofuel will create opportunities for the growth of the fuel-ethanol market. In addition to the above-mentioned factors, this fuel ethanol can be used in the power generation sector using the existing infrastructure of diesel-fired power plants is another positive factor for the fuel ethanol market forecast growth.

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The rapid innovation and investment of new entrants to develop alternative processing methods for ethanol fuel and the presence of very few refineries to meet the ongoing demand for ethanol fuel is a negative impact on the development of the fuel ethanol market growth. The stringent regulation of the government to the manufacturer to follow the guidelines has led to additional investment in the ethanol fuel producer. The low availability of fuel has limited the blending capacity of the fuel, which led to a lowering of the efficiency. The above-mentioned factors are all expected to hamper the development of fuel ethanol market opportunities during the forecast period.

The fuel ethanol market is segmented on the basis of source, product, application, end-use industry, and region.

On the basis of source, the global fuel ethanol market is segmented into synthetic and natural. On the basis of product, the market is segmented into starch-based, sugar-based, and cellulosic. On the basis of application, the market is bifurcated into conventional vehicles and flexible fuel vehicles. On the basis of the end-use industry, the global market is classified into automotive, oil & gas, and others.

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

The major companies profiled in this report include Braskem, BP PLC, Cargill Incorporated, INEOS, HPCL Biofuels Limited, Lyondell Basell Industries Holdings BV, Mitsubishi Chemical Corporation, SABIC, Sasol Limited, Solvay SA. Other companies that are not profiled in the report include Archer Daniels Midland Company, KFS Biodiesel GmbH & Co KG, Petrosun, Inc., Red Rock Biofuels, Shirke energy, Targray Technology International Inc., and Vega Biofuels. Rapid urbanization and a surge in the development of transportation infrastructure have fuelled the demand for the fuel ethanol market in order to reduce the impact of the transportation sector on the environment. Additional growth strategies such as the expansion of production capacities, acquisition, collaboration, joint venture, and partnership in the development of innovative products from manufacturers have helped to attain key developments in the global fuel ethanol market trends.

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Key findings of the study

Region-wise, in terms of fuel ethanol market size, North America is projected to witness growth at the highest CAGR in terms of revenue, during the forecast period.
As per global fuel ethanol market analysis, by source, the natural segment accounted for the largest share in 2021.
On the basis of product, the starch-based segment is expected to possess the highest incremental $ opportunity till 2031.
On the basis of application, the conventional vehicle segment was the major fuel ethanol market share contributor in 2021.
On the basis of the end-use industry, the automotive segment is expected to dominate the market till 2031

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 domains.

Contact:

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Organic Pet Food Market Competitive Analysis with Growth $29.2 billion by 2031 : CAGR 4.8%

The Global Organic Pet Food Market size was valued at $18.7 billion in 2021, and is projected to reach $29.2 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031. Global “Organic Pet Food Market” Report 2022 highlights various dynamic trends, industry segments detail with other important factors like industry size, share and growth.The Global Organic Pet Food Market is experiencing a significant growth, and will grow considerably in next few years.The COVID-19 pandemic had a both positive and negative impact on global organic pet food market due to supply chain disruptions. But the removal of lockdowns is expected to expand the market in the coming years.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://www.alliedmarketresearch.com/request-sample/17291

𝗠𝗮𝗷𝗼𝗿 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀:

The major players analyzed for the organic pet food industry are Avian Organics, Biopet Australia, Cargill, Diamond Pet Foods, Evanger’s Dog & Cat Food Company, Inc., Harrison’s Bird Foods, Hill’s Pet Nutrition, Lily’s Kitchen, Mars Inc., Natural Pet Food Group, Nestle, Newman’s Own, Oxbow Animal Health, Party Animal, and PetGuard. Key players operating in the organic pet food market have adopted product launch, business expansion, and mergers & acquisitions as key strategies to expand their organic pet food market share, increase profitability, and remain competitive in the market.

𝗤𝘂𝗶𝗰𝗸 𝗕𝘂𝘆: https://www.alliedmarketresearch.com/checkout-final/cfa89e410aa83e1dda531e4b4df92b0f

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗢𝘂𝘁𝗹𝗼𝗼𝗸:

On the basis of region, North America dominated the market with the largest share during the forecast period. The regional demand for organic pet food is primarily being fueled by growth in consumer knowledge of the positive effects on pet health as well as the trend toward humanizing pets. Market expansion is also anticipated to be supported by the growth in trend of pet adoption among millennials.

There is a rise in the popularity of pet ownership in developing nations like India, Bangladesh, Iran, and other places as well, outside of established nations like the U.S., the UK, and Australia. People in these countries are able to own pets and give them the highest quality of life because to the rapid rise in personal disposable income. Pet food sales climbed by 9% in 2018 due to the 28 million pets owned by Mexico alone. In addition, the market for organic pet food in South East Asia is expanding significantly due to the rise in pet ownership. For instance, the pet population of India increased from 10 million in 2010 to more than 17 million in 2018. The acceptability of pets has grown across all economic categories as a result of improvement in the lives of the consumers and rise in incomes in developing nations.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the organic pet food market analysis from 2021 to 2031 to identify the prevailing organic pet food market opportunities.
The 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 make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the organic pet food 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 organic pet food market trends, key players, market segments, application areas, and market growth strategies.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻: https://www.alliedmarketresearch.com/request-for-customization/17291

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.

Football Market Valuation Worth $3,712.7 Million by 2027, Grow At a CAGR of 18.3% | Growth Drivers Along with Key Industry Players

According to a new report, “Football Market by Product Type, Manufacturing Process, and Distribution Channel: Global Opportunity Analysis and Industry Forecast 2021–2027″. The global football market size was valued at $1,883.6 million in 2019. Furthermore, according to the global football market forecast, it is projected to reach $3,712.7 million by 2027, registering a CAGR of 18.3% from 2021 to 2027.

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Rise in participation of women and kids is adding in growth of the global football market share. Rise in participation is attributed to increase in football clubs and associations. These clubs organize football leagues at national or international levels. Furthermore, promotion of football leagues lead to popularity of the sport. This popularity drives women and kids to participate in the football game. Moreover, celebrity endorsement and aggressive advertisement also promote participation in football. Thus, football clubs and association play a vital role in the global football market trends.

According to the global football market, on the basis of type, the training ball segment was the highest contributor to the market. It was valued at $981.0 million in 2019, and is projected to reach $1,806.5 million by 2027, registering a CAGR of 18.9% from 2021 to 2027. The growth is attributed to increase in popularity of the sport.

On the basis of manufacturing process, the hand stitched segment was the highest contributor to the market. According to the football market analysis, hand stitched segment is estimated to reach $2,104.1 million by 2027, at a CAGR of 18.5%. The growth is attributed to the fact that hand stitched footballs are durable and are high in quality.

On the basis of distribution channel, the offline segment was the highest contributor to the market, with $1,693.1 million in 2019. It is estimated to reach $2,876.8 million by 2027, at a CAGR of 17.7%. The offline segment provides products instantly to customers. Furthermore, in offline stores physical examination of products can be done. Through this choosing right product becomes easy, which in turn propels the segment growth.

Region-wise, Europe has gained considerable traction in the football market, and is expected to grow at the highest CAGR of $17.7 during the forecast period. Sponsors fund advertisements and leagues. This sponsorship promotes both, sponsor company and football events within this region. Major sponsor brands in football leagues such as FIFA and UEFA Champions League are Adidas AG, Qatar Airways, and Coca-Cola. Europe was the highest contributor to the market and is estimated to grow at a CAGR of 17.7% during the forecast period.

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Key players in the industry have relied on strategies such as product launch and business expansion to expand their stance in the global market to stay relevant to maintain the global football market trend. The key players in the global football companies profiled in the report are Adidas AG, Baden Sports, Decathlon Sports Pvt. Ltd., Franklin Sports Inc., Mitre International, Nike Inc., Puma SE, Select Sports A/S, UMBRO, and Wilson Sporting Goods.

Key Findings Of The Study:

○ On the basis of type, the training football segment is projected to witness the higher growth rate during the forecast period.
○ On the basis of manufacturing process, the hand stitched segment is expected to dominate the market from 2021 to 2027.
○ On the basis of distribution channel, the offline segment is expected to grow at a significant 17.7% CAGR during the forecast period.
○ On the basis of region, Europe is the highest contributor to the global football market growth.

Reasons to Buy This Football 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.

Related Report:

○ Sports Events Market is projected to reach $609.07 billion by 2031
○ Football Sportswear Market Registering At A CAGR of 5.3% from 2021-2027
○ Sports Training Market is projected to reach $18.85 billion by 2031

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.

Contact:

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Tennis Shoes Market Share Analysis, Key Segments, Top Manufacturers, and Market Size & Estimations

According to a new report published by Allied Market Research, titled, “tennis shoes market by playing surface, user, and distribution channel: global opportunity analysis and industry forecast, 2021–2028,”. The global tennis shoes market size was valued at $2,193.2 million in 2020, and is estimated to reach $2,604.4 million by 2028, registering a CAGR of 2.8% from 2021 to 2028. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter’s Five Forces, and competitive scenario.

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Increase in preference for tennis as a lifetime sport, rise in initiatives for improving tennis participation, and rapid launch of innovative products drive the global tennis shoes market. On the contrary, popularity of eSports among youth and availability of counterfeit products hinder the market growth. However, emergence of smart technology in shoes would open new opportunities in the coming years.

Tennis shoes are type of athletic footwear used specially for playing tennis. It is different from other footwear as the design and qualities needed in a tennis shoe are different from other athletic shoes. Moreover, tennis shoes feature more strength and durability so that it allows players in quick side wise, forward, and backward movement while playing tennis. Tennis is gaining popularity across the globe due to events such as Grand Slams and French Open. Moreover, growth in fan base of famous tennis players such as Pete Sampras, Bianca Andreescu, and Rafael Osuna propels tennis participation rate globally and consequently fuels demand for the tennis shoes.

By type, the hard-court tennis shoes segment held the largest share in 2020, contributing to nearly half of the global tennis shoes market. Moreover, the segment is expected to manifest the highest CAGR of 2.6% during the forecast period, due to high popularity and preference of hard courts because of its affordability.

By distribution channel, the supermarket/hypermarket segment was the prominent segment, owing to high popularity and wide scale penetration of supermarket/hypermarket in leading tennis shoes markets such as North America and Europe. The supermarket/hypermarket segment is followed by specialty stores and e-commerce segments. Wide scale adoption of internet, online shopping platforms, and changes in consumer buying behavior due to COVID-19 is expected boost the e-commerce segment.

North America dominated the market, garnering around 37.4% of the total tennis shoes market share, followed by Europe. North America and Europe are characterized by high disposable income and elevated participation in tennis & demand of tennis shoes, which makes them leading markets for tennis shoes. However, Asia-Pacific is expected to show promising growth rate due to the presence of highest tennis playing population in this region. According to the International Tennis Federation (ITF), Asia contributed for around 37.9% or over 33 million of the global tennis playing population in 2019. LAMEA is anticipated to exhibit slow growth due to unawareness about different tennis shoes and low participation in tennis.

The key players profiled in this report include ADIDAS Group, ASICS Corporation, Babolat, FILA Holdings Corp., K-Swiss, Lotto Sport Italia S.p.A., New Balance, Inc., Nike, Inc., PUME SE, and Wilson Sporting Goods Company.

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Key findings of the study:

○ According to the tennis shoes market analysis, on the basis of playing surface, the hard court tennis shoes segment is projected to witness the highest CAGR of 3.8%, in terms of revenue, during the tennis shoes market forecast period.
○ According to the tennis shoes market trends, on the basis of user, the men segment is expected to dominate the tennis shoes industry from 2022 to 2031.
○ On the basis of distribution channel, the e-commerce segment is expected to grow at a significant CAGR during the forecast period.
○ According to the tennis shoes market demand, on the basis of country in North America, U.S. was the largest market for tennis shoes in 2021, in terms of revenue generation.
○ On the basis of region, Asia-Pacific is anticipated to witness highest growth rate in the tennis shoes industry, registering a CAGR of 4.5% from 2022 to 2031.

Reason to Buy:

○ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Tennis Shoes market.
○ Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
○ The key findings and recommendations highlight crucial progressive industry trends in the Tennis Shoes Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
○ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
○ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
○ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Related Report:

○ Sports Equipment and Accessories Market Business Opportunities 2027
○ Running Shoes Market Analysis and Projected huge Growth by 2027
○ Safety Shoes Market by Manufacturer, Region, Type and Application Forecast to 2027

Source: https://www.globenewswire.com/news-release/2021/05/24/2234844/0/en/Global-Tennis-Shoes-Market-to-Garner-2-60-Billion-by-2028-Allied-Market-Research.html

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.

Contact:

Web: www.alliedmarketresearch.com

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

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Ecotourism Market Size, Fastest Growing and Highest Revenue Generating Segments, Key Trends, and Regional Analysis

According to the report published by Allied Market Research, “Ecotourism Market by Traveler Type (Solo and Group), Age Group (Generation X, Generation Y and Generation Z), and Sales Channel (Travel Agents and Direct): Global Opportunity Analysis and Industry Forecast, 2021-2027”. The global ecotourism market garnered $92.2 billion in 2019, and is estimated to generate $103.8 billion by 2027, manifesting a CAGR of 2.5% from 2021 to 2027. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

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Surge in travel and tourism toward unique attractions, preference for exploration of wildlife, coral reefs, and remote natural areas, and focus on sustainability fuel the global ecotourism market. However, lack of proper accommodation and scarcity of quality and hygienic restaurants at destinations restrain the market growth. Increase in travel and tourism to unique destinations, inclination toward exploration of wildlife, coral reefs, and pristine undisturbed natural areas, and surge in focus on sustainability drive the global ecotourism market. However, low availability of accommodation and limited availability of quality and hygienic restaurants at destinations hinder the market growth. On the other hand, public-private partnerships in the form of subsidizing air routes to remote tourist destinations, improvement of transport capabilities, and providing ease of access create new opportunities in the coming years.

The global ecotourism market is segmented on the basis of type of traveler, age group, sales channel and region. Based on type of traveler, the global market is bifurcated into solo and group. On the basis of age group, the global market is studied across generation X, generation Y and generation Z. By sales channel the market is segmented into travel agents and direct. The global market is studied across North America, Europe, Asia Pacific and LAMEA region which consists of market evaluation for more than 20 countries

By traveler type, the group segment accounted for the largest market share, contributing to nearly four-fifths of the total market share in 2019, and will maintain its lead position during the forecast period. However, the solo segment is projected to manifest the fastest CAGR of 15.9% from 2021 to 2027.

Based on traveler type, the group segment contributed to the highest market share, accounting for nearly four-fifths of the global ecotourism market in 2019, and will continue its leadershipstatus throughout the forecast period. This is due tosecurity concerns at new and unexplored destinations, low expenses while traveling in a group and shared interest and experiencesthat enable people tobonding together very quickly.

Based on region, North America is projected to witness the highest CAGR of 16.2% during the forecast period, owing tolarge number of environment-conscious travelers and rapid adoption of digital media to search and travel to new destinations. However, Asia-Pacific held the largest share in terms of revenue in 2019, accounting for nearly two-fifths of the global ecotourism market, and will maintain its dominance in terms of revenue by 2027. This is attributed topresence of large number of millennial travelers supported by increased disposable income and expansion of infrastructure.

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Some of the major players profiled in the report include Travel Leaders Group LLC, Aracari Travel, FROSCH International Travel Inc., Undiscovered Mountains Ltd, Adventure Alternative, Intrepid Group Limited, Rickshaw Travel Group, G Adventures, Steppes discovery and Small World Journeys Pty Ltd.

Key Findings Of The Study

○ By region, Asia-Pacific dominates in terms of global ecotourism market and is expected to retain its dominance during the forecast period.
○ By traveler type, the group traveler segment led in terms of ecotourism market share, in 2019; however, the solo traveler segment is expected to gain market share in the upcoming years.
○ By age group, the Generation Y segment accounted for more than half market share of the ecotourism market in 2019; however, the Generation Z is projected to grow at the highest CAGR during the forecast period.
○ By sales channel, the travel agent segment is expected to gain market share in the upcoming years and is estimated to grow at a CAGR of 14.7% during the forecast period.
○ By region, North America region is anticipated to grow with robust CAGR of 16.2% during the forecast period.

Reason to Buy:

○ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Ecotourism market.
○ Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
○ The key findings and recommendations highlight crucial progressive industry trends in the Ecotourism Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
○ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
○ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
○ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Related Reports:

○ Leisure Travel Market registering a CAGR of 22.6% from 2021 to 2027
○ Wellness Tourism Market is projected to reach $1,592.6 billion by 2030
○ Travel Risk Management Services Market is projected to reach $223.62 billion by 2031

Source: https://www.globenewswire.com/news-release/2021/01/18/2160003/0/en/Global-Ecotourism-Market-to-Generate-103-8-Billion-by-2027-AMR.html

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.

Contact:

Web: www.alliedmarketresearch.com

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

Follow Us on | Facebook | LinkedIn | YouTube |

Airport Duty-free Liquor Market High Trend, Share Analysis, Growth and Forecast 2027

According to a new report published by Allied Market Research, titled, “Airport Duty-free Liquor Market by Type: Opportunity Analysis and Industry Forecast, 2021–2027,” the airport duty-free liquor market size was valued at $8.9 billion in 2019, and is projected to reach $10.4 billion in 2027, registering a CAGR of 22.22% from 2021 to 2027. The airport duty-free liquor at airport shops have become a favorite destination for travelers who like to shop before starting their journey. This is due to the elimination of local import tax or the duties implemented by the government bodies.

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Travel & tourism includes leisure tourism, business tourism, and others. The factors that promote the growth of the travel & tourism industry include changes in lifestyle, rise in tourism promotion, increase in number of passengers and frequent fliers, and others, which in turn are expected to fuel the growth of the airport duty-free liquor market. Therefore, these factors are expected to propel the growth of the airport duty-free liquor market in the near future. Continuous growth in global aviation, air traffic, and rise in the tourism industry are the key factors that boost the growth of the airport duty-free liquor market.

Asia-Pacific has emerged as one of the largest growing and developing nation. Improvement in economic conditions in the region along with growth in disposable income are the key drivers of the market. Therefore, the untapped regions in Asia-Pacific and Oceania possess huge growth prospects in the coming years.

By type, the others segment, which includes beer, vodka, wine, and cognac, accounted for the maximum airport duty-free liquor market share in 2019, owing to increase in consumer base across the globe.

Furthermore, strong demand for wine from the millennial population is providing revenue growth opportunities for others segment. In addition, many people buy premium and expensive wine from airport duty-free liquor stores, not for the experience of drinking, but for the status quo. Changes in tastes and new preferences among consumers along with increase in demand for new and exotic flavors, such as Riesling wine and other tropical fruit wines are expected to fuel the growth of wine segment in the airport duty-free liquor market.

By type, the whiskey segment accounted for the second maximum share in 2019, owing to increase in demand for whiskey across the globe.

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For the past few years cognac has gained universal recognition as one of the finest spirit, which is distilled from grapes. Cognac is also getting popular in the airport duty-free liquor market due to the recent surge in demand for premium liquor.

By region, Europe accounted for the highest revenue in 2019 owing to the tourists from the Middle East, China, the U.S., and Russia contributing a significant part in the market. Also, love for travel is experiencing an upward airport duty-free liquor market trends among Germans, which significantly contributes toward the growth of the market.

However, COVID-19 has adversely affected the growth of the market. People are restricted to stay at their homes to stop the spread of the diseases. Governments have been forced to introduce several restrictions and the international travels & flights are banned. Hence, the demand for airport duty-free liquor has decreased, which hampered its sales. The market is anticipated to improve after worldwide release of the lockdown situation due to COVID-19.

The Asia-Pacific market is anticipated to experience airport duty-free liquor market growth with the highest CAGR during the airport duty-free liquor market forecast period owing to improvement in living standards and rise in disposable income among consumers.

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Key Findings Of The Study

By region, Europe led the market in 2019.
By type, the whiskey category occupied the maximum share in the market in 2019

The key players operating in the global airport duty-free liquor industry focus on prominent strategies to overcome competition and maintain as well as improve their share worldwide. The key players profiled in the report include Brown-Forman, Diageo, Erdington, Bacardi, Heineken, Glen Moray, Accolade Wines, Constellation Brands, Inc., REMY COINTREAU, Pernod, and Ricard.

Reasons to Buy this Airport Duty-free Liquor 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

Related Reports:

Salmon Market

Low Calorie Snacks Market

Ayurvedic Herbs Market

Phycocyanin Market

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.

Contact:

Web: www.alliedmarketresearch.com

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

Follow Us on | Facebook | LinkedIn | YouTube |