A Market Place Research – Page 1363

Ubiquinone Market Size to Reach USD 752.1 Million by 2030; Industry Compound Annual Growth Rate of 4.8%

The global ubiquinone market generated $473.6 million in 2020, and is expected to reach $752.1 million by 2030, witnessing a CAGR of 4.8% from 2021 to 2030.

The report offers a detailed analysis of changing market dynamics, key investment pockets, top segments, value chain, regional scenario, and competitive landscape.

Increase in adoption of ubiquinone in the nutraceuticals industry and surge in usage in cosmetic and food industries drive the growth of the global ubiquinone market. However, lack of consumer awareness about ubiquinone as a dietary supplement and availability of counterfeit products restrain the market growth. On the other hand, rise in utilization in the pharmaceutical industry and emergence of online retail platforms present new opportunities in the coming years.

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Leading players of the global ubiquinone market analyzed in the research include Hangzhou Jinlan Pharm-Drugs Technology Co., Ltd., Kyowa Hakko Bio Co., Ltd., Kaneka Corporation, Shandong Octagon Chemicals Limited, Oriental Yeast Co., Ltd., Sinoway Industrial Co., Ltd., Shenzhou Biology & Technology Co., Ltd., Tokiwa Phytochemical Co., Ltd., Spectrum Chemical Manufacturing Corp., and Xiamen Kingdomway Group Company.

Covid-19 Scenario:

During the Covid-19 pandemic, people adopted healthier lifestyles than before to boost immunity. The nutraceutical industry reaped a lot of benefits as customers changed their dietary habits. This, in turn, boosted the demand for ubiquinone from the nutraceutical industry.
There have been disruptions in the supply chain due to lockdown imposed in many countries. However, the supply chain is expected to get back on track during the post-lockdown.

The report offers detailed segmentation of the global ubiquinone market based on production method, application, and region.

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Based on production method, the microbial fermentation segment held the highest share in 2020, accounting for nearly three-fifths of the total share, and is estimated to continue its leadership status during the forecast period. However, the chemical synthesis segment is projected to witness the highest CAGR of 5.1% from 2021 to 2030.

Based on application, the dietary supplements segment contributed to the largest share in 2020, holding more than two-fifths of the global ubiquinone market, and is estimated to maintain its dominance in terms of revenue during the forecast period. However, the pharmaceuticals segment is projected to register the fastest CAGR of 6.0% from 2021 to 2030.

Based on region, North America accounted for the highest share in 2020, holding nearly two-fifths of the total share, and is expected to continue its lead position in terms of revenue by 2030. However, Asia-Pacific is expected to manifest the largest CAGR of 7.1% during the forecast period.

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

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.

Global Artificial Intelligence (AI) Market to Reach $1,581.70 Billion by 2030: AMR

The market across Asia-Pacific is estimated to register the highest CAGR during the forecast period. However, the market across North America is estimated to hold the lion’s share throughout the forecast period.

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As per the report published by Allied Market Research, the global artificial intelligence market is estimated to reach $1,581.70 billion by 2030, registering a CAGR of 38.0% from 2021 to 2030. The report highlights the market potential, market characteristics, growth by segmentation, and competitive landscape.

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Pramod Borasi, a Senior Research Analyst at Allied Market Research, stated, “Rise in demand to improve operational efficiency and increase in the cost of manual labor have boosted the growth of the global artificial intelligence market. In addition, technological advancements in the field of artificial intelligence supplement the market growth. However, the high cost of implementation of AI solutions hinders the market. On the contrary, the rise in digital dependence and industry 4.0 trends would open new opportunities in the future.”

Covid-19 pandemic impact on the market:

The Covid-19 pandemic offered some lucrative opportunities to the market players in the AI industry. The rise in digital transformation trends in business organizations and the increase in demand for automation solutions in several small and medium-sized companies fueled the market growth. In addition, AI-based applications empowered several Covid-19 detections, risk exposure, and infection tracking tools.

The global artificial intelligence market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is estimated to register the highest CAGR during the forecast period. However, the market across North America is estimated to hold the lion’s share throughout the forecast period.

The global artificial intelligence market is divided on the basis of components, technology, and industry verticals.

Based on technology, the report segments the market into machine learning, natural language processing, computer vision, and others. The machine learning segment would maintain its dominance in terms of revenue from 2021 to 2030.

On the basis of industry vertical, the report divides the market into IT and telecommunication, retail and e-commerce, BFSI, healthcare, manufacturing, automotive, and others. The IT and telecom segment held the largest share and is expected to maintain its dominance throughout the forecast period.

The global artificial intelligence market report includes an in-depth analysis of the major market players such as Amazon Web Services, Inc., Apple Inc., Google LLC, IBM Corporation, Intel Corporation, Microsoft Corporation, Nvidia, Oracle Corporation, SAP SE, and Siemens.

About Allied Market Research:

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 offer business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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Workwear Market Size Expected To Grow 6.3% from 2022 to 2031

According to a new report published by Allied Market Research, titled, “Workwear Market,” The Workwear Market Size was valued at $16.2 billion in 2021, and is estimated to reach $29.1 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.

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According to the CXOs of the top companies, the workwear market is expected to grow due to rise in importance of work wear as a reflection of professionalism at workplace, particularly in the manufacturing and corporate sectors. Furthermore, the increase in occurrence of workplace accidents on the global level is expected to promote the adoption of appropriate work apparel and the footwear. In addition, the factors that drive the growth of workwear market are growth in the service sector due to emergence of new employment opportunities. Increase in penetration of the service industry has created huge opportunity for the work wear market. Moreover, rise in awareness among the corporates regarding the benefits of work wear such as production of employees and easiness in identification are expected to boost the market growth.

The CXOs further added that innovation in fiber to provide the employee comfort by absorbing excess sweat is expected to be the major market driver during the forecast period. In addition, companies are developing smart wearable materials capable to sense lightning, and heating. Thus, smart wearable is projected to help provide safety to industrial employee and further increase market demand… Surge in demand for comfortable lightweight and fashionable apparel for working professionals worldwide have propelled the growth of the market. Furthermore, the rise in demand for durable and comfortable apparel coupled with the availability of customized products is going to make positive impact on the market in the upcoming future.

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As a result of the above-mentioned factors, a substantial increase in sales of workwear products including PPE kits, masks, and work apparels for both men and women increased and surge in hospital demand for such products particularly in previous two quarters, which has also increased demand for workwear in the market. Thus, despite growing influence of the pandemic on nearly every economic area, Workwear Market Size has witnessed remarkable growth in recent period. As a result of rise in demand for workwear and the rapid growth of e-commerce industry throughout the world has increased the availability of variety of workwear product are the key drivers to the growth of the market in the upcoming future.

The workwear market is expected to witness significant growth, owing to rise in importance of workwear as it depicts professionalism and easiness in identification of employees at workplace mainly in corporate sectors and in the manufacturing units. Moreover, the increasing inclination of corporates and the manufacturing units toward the security of the working employees due to the increase in accidents at workplace on global level is the key driver to the market growth. Furthermore, the rapid growth of e-commerce industry throughout the world increases the availability of variety of workwear products, which is going to make positive impact on Workwear Market Trends.

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Leading players are majorly investing in production of stain free and sweat resistant fabrics owing to surge in demand for such fabrics among the consumers. Moreover, it is one of the major drivers increasing R&D efforts in the workwear industry. At present many leading market players have focused on R&D to develop new technologically enhanced workwear. It was also founded that globally the spending on R&D in the workwear is about 7 to 8% of the total revenue of individual market players. And according to the research on Workwear Market Analysis, it was also discovered that the major players are spending about 12% of their annual sales on the R&D activities. On other hand, 6% of annual sales are invested on R&D activities by the small and the medium players who try to expand their footprint by enhancing online retailing to fulfill the increasing Workwear Market Demand across the globe.

Some of the key players in the workwear industry include 3M, A. Lafont, SAS, Adidas AG, Adolf Würth GmbH & Co, Aramark, Asics Corporation Carhartt, Inc., Chemical Guys, Fila Holding Corp, New Balance Inc., Nike, Inc., Puma SE, The Gap, Inc., Under Armour, Inc., and VF Corporation.

Key findings of the study

By type, the apparel, segment dominated the global market in 2021, and is expected to retain its dominance throughout the market Workwear Market Forecast period.
On the basis of end user, the men segment accounted for a major share in the workwear market in 2021, and is expected to grow at a significant CAGR during the workwear forecast period.
Depending on distribution channel, the specialty stores segment accounted for a major share of the market in 2021, and is expected to grow at a significant CAGR during the forecast period.
Asia-Pacific accounted for highest market share in 2021, and is expected to grow at a significant CAGR during the forecast period.

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Europe Flatbread Market is estimated to reach $16,479.4 million by 2027, registering a CAGR of 9.5% from 2021 to 2027

According to a new report published by Allied Market Research, titled, “Europe Flatbread Market by Product Type, Distribution Channel, and Nature: Europe Opportunity Analysis and Industry Forecast, 2021–2027,” The Europe flatbread market size was valued at $9,552.7 million in 2019, and is projected to reach $16,479.4 million by 2027, registering a CAGR of 9.5% from 2021 to 2027.

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A flatbread is prepared with flour, water, and salt, and subsequently rolled into flattened dough. The thickness of the bread can range from a few millimeters to a few centimeters. Moreover, rather than using a fork or spoon, many people use a flatbread to wrap or scoop food. Multigrain variants of flatbread are gaining popularity, owing to increase in health awareness among European consumers. Different types of flatbreads are made by pouring semi-fluid batters onto cooking plates. These batters are often obtained from gluten-free cereals such as rice, sorghum, teff, maize, or black beans, which are fermented.

Convenience foods refer to the products, which require minimal processing and can be prepared easily without much efforts. The preference for on-the-go food products, which are readily available in the market has increased, due to changes in eating habits and busy lifestyle. For instance, availability of ready-to-eat flatbreads in the market to make sandwiches at home easily without much efforts significantly contributes toward the growth of the flatbread market. Moreover, easy availability of convenience food on online platform helps in increasing the consumer base. Flatbread contains naturally occurring proteins such as barley, wheat, and rye. These grains are the basic ingredients and rich source of gluten in flatbread. However, this can be life-threatening for individuals suffering celiac disease, as celiac disease is a condition causing negative reaction to gluten and results in damage to the intestines. Therefore, consumer suffering from this disease cannot absorb nutrients present in flatbread and leads to mineral and vitamin deficiency, which restrains the growth of the Europe flatbread market.

Increase in preference of consumers toward gluten-free flatbread products such as naan, pita, and focaccia, owing to rise in health cautiousness drives the growth of the Europe flatbread market. Moreover, availability of various healthy alternatives in the market with low-calorie content and fat-free & cholesterol-free products is expected to fuel the market growth. Furthermore, surge in demand for breads in wheat base and whole grains, which are rich in fiber and proteins, supplement the growth of the Europe flatbread market.

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Clean label focuses on avoidance of additives, artificial colors, chemicals, artificial flavors, GMOs, high fructose corn syrup, and hydrogenated oil. Moreover, clean label is a consumer-driven movement, which demands a return to real food and transparency through authenticity. The regulations associated with flatbread products related to various ingredients used in the process, food hygiene, and health claims foster the growth of the market. Furthermore, introduction of clean label creates a trust factor among consumers, owing to which they can rely on manufacturers of food, thereby contributing toward the growth of the Europe flatbread market.

The Europe flatbread market is segmented into product type, distribution channel, and nature. By product type, the market is categorized into focaccia, tortilla, pinsa romana, pita, naan and others. Depending on distribution channel, it is classified into food service and retail. On the basis of nature, it is categorized into ambient, fresh, and frozen.

Key Findings Of The Study

On the basis of product type, the pita segment dominated the Europe flatbread market in 2019, and is expected to retain its dominance throughout the forecast period.
By distribution channel, the food service segment was the major shareholder in 2019, and is projected to register a CAGR of 9.0% from 2021 to 2027.
Depending on nature, the fresh segment accounted for highest share in the Europe flatbread market in 2019, and is projected to grow at a CAGR of 8.5% from 2021 to 2027.
Country wise, the UK is expected to grow at a CAGR of 7.3% from 2021 to 2027.

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The key players operating in the Europe flatbread industry include ARYZTA AG (ARYZTA), Bio Bakkerij De Trog, Boboli Benelux B.V. (Boboli), BRIDOR SAS (Bridor), Chaucer Foods Ltd, Delifrance S A, Dutch Bakery B.V., Europizza s.r.l., Signature Breads Inc., Specialty Breads Ltd., and Vandemoortele NV.

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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

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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.

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Worldwide Disposable Cutlery Market Expected to Reach $16.2 Billion by 2031,Growing at a CAGR of 4.8% From 2022 to 2031

According to a new report published by Allied Market Research, titled, “Disposable Cutlery Market,” The disposable cutlery market was valued at $10.1 billion in 2021 and is estimated to reach $16.2 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.

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High-income nations’ daily per capital consumption of disposable cutlery is forecast to rise at a rapid pace while low- and middle-income countries’ waste generation is likely to rise slowly as compared to others. Its consumption reduces initially at the lowest income levels and subsequently grows at a quicker pace for additional income changes at the lowest income levels than at the highest income levels. The plastic disposable cutlery market is expected to grow at a slower pace as governments of various nations are banning it. To cater for the issue of such a ban producers should shift towards environment-friendly and sustainable products. It is expected to grow more in the Asia-Pacific region as compared to others.

The disposable cutlery market size is expected to grow due to the rise in penetration of fast food restaurant chains such as Subway, Taco bell, Pizza Hut, and Domino’s. Nowadays people have shifted toward fast food as it is ready, easily available and tasty. According to the National Center for Health Statistics, youth is more fast food driven and 36.6% of the population consumes fast food in a given day. The rate of buying fast food also increases with rising in purchasing power of an individual or family. There is an increase in demand for fast food as it is tasty and easy to consume. There is an increase in demand for disposable cutlery due to the preference of people to have fast food in restaurants, hotels, cafés and others. Increasing awareness about infectious diseases which can be caused by repetitive use of cutlery also boosts the disposable cutlery market size. There is a huge increase in takeaway culture as it is a benefit for both the restaurant owner and customer as the owner does not need huge space and customers can enjoy the meal at their home. Moreover, takeaway culture has increased over the years as people got busier day by day. Along with this, the online food delivery system has worked the same way fuel works for the fire. Now people need not go anywhere, they can get the food by just sitting at home. Due to these facilities, takeaway culture has increased at this rapid pace. Growth in the busy life of the global population fuels the demand for the market as people do not need to do the chore of cleaning the cutlery which saves their time.

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There is a huge rise in the demand for packaged food in Asia-Pacific. Food which comes with packaging, and can be consumed on the go is known as packaged food. As per the Australian government, the Chinese e-commerce platform has registered a rise of 56% in sales of healthy food that is packaged to eat on the go. As per the world economic forum, growth of income in India is anticipated to drive a huge opportunity for packaged, branded offerings. The busy schedule of people in the present time provokes them to choose ready-to-eat, delicious food, which can be a disposable cutlery market opportunity which will help the disposable cutlery industry to grow.

The disposable cutlery market is segmented into product type, material, end-user, distribution channel, and region for the disposable cutlery market forecast. On the basis of product type, the market is categorized into spoons, forks and knives. On the basis of material, it is segregated into plastic and wood. On the basis of end-user, it is bifurcated into household and commercial. On the basis of distribution channel, it is divided into B2B, hypermarkets/supermarkets, convenience stores, online retail, and others. On the basis of region, disposable cutlery market analysis is done across North America (the U.S., Canada, and Mexico), Europe (France, the UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Brazil, Turkey, South Africa, Argentina, and Rest of LAMEA).

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The players operating in the global disposable cutlery market have adopted various developmental strategies to expand their disposable cutlery market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Anchor Packaging, Apollo Funds, BioPak, D&W Fine Pack, Dart Container Corporation, DOPLA P.A.P., Goldplast, Hotpack Global, Huhtamaki and Pactiv Evergreen

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

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Green Tea Market Current Scenario And Future Growth Analysis By 2030

Green Tea Market by Type (Flavoured, Unflavoured), by Form (Green Tea Bags, Instant Green Tea Mixes, Loose Green Tea Leaves), by Distribution Channel (Supermarket/Hypermarket, Convenience Stores/Specialty Stores, Online): Global Opportunity Analysis and Industry Forecast, 2021-2030.” According to the report, the global green tea industry generated $14.8 billion in 2021, and is estimated to reach $29.3 billion by 2030, witnessing a CAGR of 8.04% from 2022 to 2030.

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Drivers, Restraints, and Opportunities

The advantages of green tea to health including weight loss & maintenance, high nutritional value, detoxification, & others and increase in spending on high-quality products drive the growth of the global green tea market. However, lack of awareness in rural parts of developing countries restrains the market growth. On the other hand, new product developments to fulfill the demands related to high-nutritional content in beverages and the emergence of new flavors create new opportunities in the coming years.

Covid-19 Scenario

Various challenges such as raw material unavailability, shortage of workforce, supply chain disruptions, and others impacted the production activities of green tea negatively. This, in turn, reduced the overall revenue generated in the market.
On the other hand, the demand for green tea increased considerably during the Covid-19 pandemic to boost the immune system and reduce hazardous impact of infection. However, due to closure of distribution channels such as supermarket/hypermarket, convenience stores/specialty stores, and others, there was a supply-demand gap.
The market is expected to recover post-pandemic as the supply-demand gap restores.
The flavored segment to continue its lead position throughout the forecast period

Based on type, the flavored segment held the largest market share in 2021, contributing to nearly three-fourths of the global green tea market, and is expected to continue its lead position throughout the forecast period. Moreover, this segment is estimated to witness the largest CAGR of 8.3% from 2022 to 2030. This is due to rise in popularity of green tea flavors such as mint green tea, jasmine green tea, tulsi green tea, Himalayan green tea, and others. The report also analyzes the unflavored segment.

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The green tea bags segment to maintain its leadership status during the forecast period

Based on form, the green tea bags segment accounted for the highest market share in terms of revenue in 2021, accounting for nearly half of the global green tea market, and is projected to maintain its leadership status during the forecast period. Moreover, this segment is expected to register the fastest CAGR of 8.5% from 2022 to 2030. This is owing to the convenience offered by green tea bags due to ease in carriage and uniform quantity of green tea in each bag. The report also analyzes the segments including instant green tea mixes and loose green tea leaves.

Asia-Pacific to maintain its dominance in terms of revenue by 2030

Based on region, Asia-Pacific contributed to the highest market share in terms of revenue in 2021, accounting for nearly two-fifths of the global green tea market, and is expected to maintain its dominance in terms of revenue by 2030. Moreover, this region is estimated to manifest the largest CAGR of 8.7% during the forecast period. This is attributed to increase in prevalence of health issues such as obesity and health benefits offered by regular consumption of green tea. The research also analyzes regions including North America, Europe, and LAMEA.

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Leading Market Players

Unilever Plc.
Tata Consumer Products ltd.
Typhoo Tea
Associated British Foods Plc.
The Begilow Tea Company
Tazo Tea Company
Numi Organic Tea
The Republic of Tea, Inc.
East West Tea Company LLC.
Northern tea Merchants Ltd.

Reasons to Buy this Green Tea Market Report:

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> Sort new clients or possible partners into the demographic you’re looking for.
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> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors

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

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Action Figures Toys Market 2022 Trends, Growth Analysis and Global Outlook by 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. The action figure toys market was valued at $9 billion in 2021, and is estimated to reach $15.3 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.

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𝐌𝐚𝐣𝐨𝐫 𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:

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.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

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,‐Â introduced a digital playground and relaunched its interactive toy lab while Amazon released its second annual paper toy catalog for the holiday.

Moreover, countries in Latin America, such as Brazil, would unfold attractive opportunities during the forecast period due to favorable government policies, large-scale privatization, and combating unfair competition & the seizure of counterfeit toys.Â The number of kids is expected to increase in the coming years and positively impact the market growth. According to the World Bank, around 25.6% of the global population is under the age of 14. Large consumer base and expanding young population in developing countries, such as India and China, propel the demand for toys especially in the Asia-Pacific region.

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Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the action figure toys market analysis from 2021 to 2031 to identify the prevailing action figure toys market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities to find the action figure toys market growth.
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 action figure toys market segmentation assists to determine the prevailing market opportunities.
Action figure toys market forecast in 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 action figure toys market trends, key players, market segments, application areas, and market growth strategies.

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Commercial Seaweeds Market Worth $45.6 Billion by 2031, at a CAGR of 9.8% | by Product, Application

According to a new report published by Allied Market Research, titled, “Commercial Seaweeds Market,” The commercial seaweeds market size was valued at $17.9 billion in 2021, and is estimated to reach $45.6 billion by 2031, growing at a CAGR of 9.8% from 2022 to 2031.

Seaweed, often known as macro-algae, is a group of marine macroscopic, multicellular algae that includes numerous species. Based on color, it can be divided into three major categories: red, brown, and green seaweed. The Asia-Pacific region, specifically China, Indonesia, the Philippines, Korea, and Japan, where seaweed cultivation has grown into a massive industry, is where these seaweeds are primarily used as food and culinary components. The global market for food and related items is becoming more and more competitive due to the growing popularity of seaweed farming.

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The increasing use of seaweed across a range of end-use industries is predicted to fuel market expansion. The industry’s product application scope is anticipated to increase as the pharmaceutical sector grows. This is also anticipated to positively impact the global commercial seaweeds market growth during the forecast period. Due to an increase in the consumption of seaweed by humans, the food and beverage industry segment dominates the market.

According to commercial seaweeds market analysis, the market is analyzed on the basis of product, form, application, and region. By product, the market is divided into red, brown, and green. Among these, the red segment occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. Red seaweeds dominate the global market because they are the biggest and most plentiful of all seaweeds. Furthermore, because phycocolloids like carrageenan are present, they play a significant economic role across the Asia-Pacific region. As a thickening and stabilizer in food processing, carrageenan made from seaweed has many uses. Therefore, it is projected that increased red seaweed consumption in the food industry will propel the commercial seaweeds market’s expansion.

By form, the market is divided into flakes, powder, and liquid. The powder segment is growing at a moderate rate during the commercial seaweeds market forecast period. A small number of marine microalgae is added to the natural seaweed used to make seaweed powder. Seaweed polysaccharides, mannitol, amino acids, proteins, vitamins, potassium, iron, calcium, phosphorus, iodine, selenium, cobalt, and other trace elements are all abundant in natural seaweed powder.

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By application, it is classified into food & beverage industry, cosmetics & personal care, agricultural fertilizers, animal feed additives, and others. The food & beverage industry segment dominates the global market during the forecast period. The Asia-Pacific region, specifically China, Indonesia, the Philippines, Korea, and Japan, where seaweed production has grown into a massive industry, is where seaweeds are most commonly used as food and culinary components.

The region that dominated the global commercial seaweeds market in 2021 was Asia-Pacific with the highest commercial seaweeds market share and this dominance is anticipated to continue during the forecast period. The main producers of seaweed include China, South Korea, Japan, and Indonesia. In this location, there is a huge market demand for seaweed for use in animal feed and other pharmaceutical applications. The region’s market is expanding due to the rising use of commercial seaweeds, particularly in nutraceuticals, food, medications, personal care products, gels, and adhesives. All these commercial seaweeds market trends are creating commercial seaweeds market opportunities.

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Exporters in both developed and developing nations faced a number of difficulties as a result of the COVID-19 epidemic. The implementation of lockdown and curfew procedures on a global scale had an impact on both domestic and foreign manufacture of Commercial seaweed, which in turn hindered market expansion. As a result, the COVID-19 epidemic had a negative influence on the commercial seaweeds market in 2020 as a result of decreased company sales and operations being suspended.

The major players analyzed for global commercial seaweeds industry are Cargill Incorporated, CJ Cheiljedang Corporation, Corbion NV, Gimme Health Foods Inc., Irish Seaweeds, J.M. Huber Corporation, Mara Seaweed, Ocean Harvest Technology Limited, Qingdao Gather Great Ocean Algae Industry Group Co., Ltd (GGOG), Roland Foods, LLC, SeaSnax, Seasol, Seaweed & Co., Singha Corporation Co. Ltd., and Taokaenoi Food & Marketing PCL.

KEY FINDINGS OF STUDY

By product, the red segment was the highest revenue contributor to the market, with $15,683.7 million in 2021, and is estimated to reach $40,729.2 million by 2031, with a CAGR of 10.0%.
By form, the powder segment was the highest revenue contributor to the market, with $8,795.8 million in 2021, and is estimated to reach $22,373.7 million by 2031, with a CAGR of 9.8%.
Depending on the application, the food and beverage industry segment was the highest revenue contributor to the market, with $14,375.4 million in 2021, and is estimated to reach $36,124.9 million by 2031, with a CAGR of 9.7%.
Region wise, Asia-Pacific was the highest revenue contributor, accounting for $8,972.4 million in 2021, and is estimated to reach $22,023.1 million by 2031, with a CAGR of 9.4%.

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Reasons to Buy This Commercial Seaweeds Market Report:

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Global Self-Driving Truck Market Expected to Reach $1,669 Million by 2031

According to a recent report published by Allied Market Research, titled,“Self-Driving Truck Market by Level of Autonomy and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020 – 2025,”the global self-driving truck market was valued at $1,004 million in 2020, and is projected to reach at $1,669 million by 2025, growing at a CAGR of 10.4% from 2020 to 2025.

At present, North America dominates the self-driving truck industry. In 2020, China is expected to register the highest self-driving truck market growth in Asia-Pacific. Similarly, the UK is expected to lead the overall self-driving truck market share in Europe in 2020. In the same year, according to self-driving truck market analysis, the U.S. is estimated to dominate the North American market.

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Factors such as rising environmental concern and increasing road accidents are driving the growth of global self-driving truck market. However, security concern due to the automation is anticipated to hinder the growth of the market. Furthermore, decongestion of traffic provides a remarkable growth opportunity for the key players operating in the self-driving truck market.

Many self-driving truck companies are developing new innovative and advanced technologies, which in turn is anticipated to propel the market. For instance, TuSimple, a self-driving truck technology developer has introduced a new vision system and proprietary automotive-grade camera which will be deployed in the vehicle in third quarter of 2019. This custom designed camera allows low light and reliable night operations doubling the current truck utilization.

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The global self-driving truck market size is projected to register significant growth during the forecast period attributed to rise in environmental concern and increase in number of road accidents. However, threat of hackers and rise in cybercrime restrict the growth of the market.

In 2020, based on level of autonomy, the level one segment is anticipated to dominate the global self-driving truck market size, in terms of revenue. However, based on industry vertical, construction & manufacturing is projected to dominate the global market in the same year.

Key Findings of the Self-Driving Truck Market:

Level one is expected to generate the highest revenue in 2020.
In 2020, the construction & manufacturing segment is projected to account the highest revenue in the self-driving truck market.
Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.

The key players profiled in the report include BMW AG, Isuzu Motors Limited, General Motors, Otto motors, AB Volvo, Daimler AG, Tesla, Waymo, Toyota, and Volkswagen.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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.

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Nepheline Market Size to Reach $195.03 Million by 2027 | CAGR: 2.3%: AMR

According to the report published by Allied Market Research, the global nepheline market garnered $171.70 million in 2019, and is estimated to generate $195.03 million by 2027, portraying a CAGR of 2.3% from 2020 to 2027. The report provides an extensive analysis of changing market dynamics, key segments, value chain, top investment pockets, regional landscape, and competitive scenario.

Growth in adoption of nepheline for glass manufacturing and ceramic products fuel the global nepheline market. However, elevating transportation costs hinders the market growth. On the other hand, upcoming power projects present new opportunities in the next few years.

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Covid-19 Scenario:

Factors such as temporary closure of manufacturing sites and travel restrictions, disruption in supply chain, and delay is shipment have majorly impacted the market.
Shut down of other end using industries such as refractories and glass have further impacted the sales of the market.
Moreover, as the government bodies are issuing measures to restart the businesses, the market is expected to recoup soon.

The report offers a detailed segmentation of the global nepheline market based on product type, application, and region.

Based on product type, the market is segmented on the basis of nepheline syenite, nepheline monzonite, and nephelinites. The nepheline syenite segment accounted for the largest market share in 2019, contributing to more than two-thirds of the total market share, and is expected to maintain its leadership status during the forecast period. Simultaneously, both the nepheline syenite and nephelinites segments are projected to witness the fastest CAGR of 2.4% from 2020 to 2027.

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Based on end user, the glass products segment held the highest market share in 2019, accounting for more than two-thirds of the global nepheline market, and will maintain its dominance in terms of revenue during the forecast period. However, the refractories segment is expected to portray the highest CAGR of 2.6% from 2020 to 2027. The market also studies segment including ceramic products and others.

Based on region, the market is analyzed across numerous regions including Asia-Pacific, Europe, North America, and LAMEA. North America contributed to the largest market share in 2019, accounting for nearly half of the total market share, and will maintain its lead position by 2027. However, Asia-Pacific is expected to maintain the highest CAGR of 3.5% during the forecast period.

Leading players of the global nepheline market analyzed in the research include The 3M Company, Fineton Industrial Minerals Ltd., AGSCO Corporation, Unimin Corp. (COVIA), Anyang Country Mining Co Ltd., SCR Sibelco, RUSAL PLC, Phos Agro Group of Companies, Anglo Pacific Minerals Ltd., and North Cape Minerals AS.

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

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