The meat processing equipment market size was valued at $12.3 billion in 2021, and is estimated to reach $19.6 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031. Meat is either consumed as a processed meat product or as a component of kitchen-style food preparations. Processed meat is meat that is modified to improve its taste and shelf life. Processed meat products, although in some regions still in their infancy, are globally gaining ground in popularity and consumption volume. The demand for processed meat is expected to increase due to a surge in consumer demand for food products with multifunctional nutrition benefits.
The key players profiled in the report include Welbilt, Inc., GEA Group AG, The Middleby Corporation, Heat and Control, Inc., Marel, Key Technology, Inc., JBT Corporation, Illinois Tool Works Inc. (ITW), Bettcher Industries, Inc. and Equipamientos Cárnicos, S.L. (Mainca).
Based on type, the cutting equipment segment accounted for a major share of the global meat processing equipment market in 2021. Cutting is often the first operation to be employed in meat processing to separate essential meat & fat portions of the carcass from the non-essential ones. Cutting is often carried out under vacuum conditions to reduce the disintegration of the protein content, which allows a greater volume of filling in sausages and patties. The cutting equipment segment is expected to maintain its dominance and grow at the highest CAGR during the forecast period, as it is the most common processing equipment used in the food industry.
In terms of value, North America and Europe collectively contributed around 66.7% of the global meat processing equipment market share in 2018. The leading players in the meat processing equipment industry have focused on product launch and acquisition as their key strategies to gain a significant meat processing equipment market share. The high level of automation utilized in the meat processing industry is to account for the increased demand for equipment in the area. Additionally, meat is one of the most critical parts of the meal in the region due to its high protein content
Key Findings of The Study
By type, the cutting equipment segment in meat processing equipment is expected to grow at a CAGR of 4.9% from 2022 to 2031.
In terms of value, the processed pork segment is expected to grow at a CAGR of 4.8% from 2022 to 2031.
By application, the raw cooked meat segment is estimated to hold 20.2% of the share of the global meat processing equipment market by 2031.
North America has been gaining a dominant share in the global meat processing equipment market and is expected to grow at a CAGR of 3.1% during the forecast period.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Allied Market Research published a report, titled, ”Polyisoprene Market by Type (Natural Rubber, Synthetic Rubber), by Application (Tires & Related Products, Belt & Hose, Latex, Footwear, Non-Automotive Engineering, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.” The global polyisoprene industry was estimated at $21.5 billion in 2021, and is anticipated to hit $36.4 billion by 2031, registering a CAGR of 5.52% from 2022 to 2031.
Prime determinants of growth-
Rise in demand for elastomers in the automotive, industrial, footwear, and medical industries drive the growth of the global polyisoprene market. Moreover, increase in usage of polyisoprene in surgical gloves has supplemented the growth yet more. Simultaneously, several growth prospects in the developing and developed economies have also been favorable for the industry.
Temporary disruptions in the automotive industry, during the global health crisis, impacted the global polyisoprene market negatively, especially during the initial period.
The supply-demand gap worsened the scenario even more. However, the market is recovering at a fast pace.
The natural rubber segment to dominate by 2031-
By type, the natural rubber segment contributed to the major share in 2021, holding more than half of the global polyisoprene market. This is due to surge in demand for latex products, such as catheters, gloves, and belts. The synthetic rubber segment, however, would cite the fastest CAGR of 5.63% during the forecast period. Increasing demand for synthetic rubber polyisoprene from the automotive industry will boost the market growth. Properties such as abrasion and temperature resistance make artificial rubber a preferred choice in the automotive industry.
The tires & related products segment to maintain the lion’s share-
By application, the tires & related products segment accounted for the major share in 2021, holding more than half of the global polyisoprene market. This is attributed to the rising demand for tires. The latex segment, on the other hand, is expected to grow at the fastest CAGR of 6.22% from 2022 to 2031. Growing product usage in the healthcare, coatings and adhesive sectors is expected to stimulate polyisoprene demand for the production of latex for medical gloves, thus driving the market growth.
Europe garnered the major share in 2020-
By region, the market across Europe had the lion’s share in 2021, generating more than half of the global polyisoprene market, owing to the presence of a well-established automotive sector in the region. Asia-Pacific, nonetheless, is projected to portray the fastest CAGR of 6.18% by 2031. This is due to rise in the consumption in the healthcare, coatings, and adhesive industries and increase in the research and development activities in this province.
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.
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. Allied Market Research published a report, titled, “Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.” The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape and competitive scenario.
Drivers and Opportunities
Rapid infrastructure developments, high use of silica flour in sectors such as iron & steel, construction, glass manufacturing, automotive and more, surge in modern theme-based buildings, rise in global population and increasing purchasing power of consumers drive the growth of the global silica flour market. However, health risks associated with the exposure of silica flour beyond maximum concentration limits hamper the market growth. On the other hand, increase in industrialization, the surge in manufacturing industries and rise in price of crude oil are expected to present lucrative opportunities for growth of the market in the coming years.
The report analyzes these key players of the global silica flour market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.
Covid-19 Scenario
The silica flour market faced negative consequences during the outbreak of the COVID-19 pandemic. Manufacturers faced challenges in terms of operation and supply chain due to the rapid spread of the virus, implementation of emergency protocols, and shutdown of various operations during the lockdown.
Furthermore, to control the surge of coronavirus cases, there was a drastic shift of investment from other sectors toward the paints and coatings sector. Also, several synthetic silica flour product manufacturing companies ceased their operations due to the risk of infection spread among the workforce.
The demand for silica flour decreased during the COVID-19 period owing to the decline of oil & gas industry where silica flour are used for reducing the heat loss within high temperature streams.
However, the market is slowly returning to its normal phase post pandemic.
The quartz segment to maintain its dominance during the forecast period
Based on type, the quartz segment grabbed nearly two-thirds of the global silica flour market in 2021, and is expected to rule the roost during the forecast period as to the facts that quartz is increasingly used for providing glossy finish to masonry walls, covering, and flooring in various residential and commercial building construction projects. The same segment is projected to witness the largest CAGR of 5.8% from 2022 to 2031. The report also discusses the cristobalite segment under this category.
The fiberglass segment to maintain its leadership status during the forecast period
Based on application, the fiberglass segment contributed to more than one-third of the global market in 2021, and is expected to maintain its leadership status during the forecast period. This is due to the extensive demand for silica flour-based fiberglass in building and construction for production of wall coverings, fire protection and other applications. The same segment is projected to witness the largest CAGR of 5.9% from 2022 to 2031. The other segments discussed in the report include glass and clay, oil well cement, ceramic and refractory, foundry and others.
Asia-Pacific to hold the lion’s share during the forecast period
Based on region, Asia-Pacific was the largest market in 2021, accounting for more than two-fifths of the global silica flour market, and is expected to maintain its dominance during the forecast period. This is attributed to the proliferating demand for iron & steel from various end-use sectors in the region such as industrial, construction, automotive and more which has led the iron & steel manufacturers to increase their production capacities where silica flour is widely used for temperature stability purposes. The same segment is projected to manifest the fastest CAGR of 5.9% during the forecast period. The other regions discussed in the report are North America, LAMEA and Europe.
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.
According to the report published by Allied Market Research, titled “LED Phosphors Market by Type (Phosphate, Garnet, Silicate, Nitride, Others), by Application (Automotive, Portable PCs, Smartphones, Flat Panel TVs, Signage, Lighting, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.” The global LED phosphors market was estimated at $14.22 million in 2021 and is expected to hit $30.44 million by 2031, registering a CAGR of 8.0% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market. The report is exclusively meant to help the readers with a comprehensive valuation of industry analysis and trends.
The key market players analyzed in the global LED phosphors market report include Beijing Yuji International Co., Ltd., Edison Opto Corporation, General Electric Company, Harvatek Corporation, Intematix Corporation, Leuchtstoffwerk Breitungen GmbH, Lumileds Holding B.V., Luming Technology Group Co., Ltd., Materion Corporation, Mitsubishi Signage Corporation, Nichia Corporation, Nippon Electric Glass Co., Ltd., OSRAM GmbH, PhosphorTech Corporation, and Tailorlux GmbH.
These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.
Covid-19 scenario-
The LED phosphors industry was negatively impacted by the pandemic as it witnessed declined demand from the consumer electronics and automotive sectors.
Moreover, consumers have reduced their spending on expensive products, such as OLED TVs and smartphones, which had an adverse effect on the market.
However, as the global situation is getting back on track and many end-use industries have started operating at their full-scale capacities, the market for LED phosphors has also been able to revive at a slow & steady pace.
The global LED phosphors market is analyzed across application, type, and region. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
Based on application, the lighting segment contributed to more than one-fourth of the global LED phosphors industry revenue in 2021, and is expected to dominate by 2031. The automotive segment, on the other hand, would showcase the fastest CAGR of 8.8% throughout the forecast period. The portable PCs, smartphones, flat panel TVs, and signage segments are also assessed in the study.
Based on type, the nitride segment held around one-third of the total market revenue in 2021, and is expected to dominate by 2031. The garnet segment, simultaneously, would manifest the fastest CAGR of 8.8% throughout the forecast period.
Based on region, the market across Asia-Pacific generated more than two-fifths of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The same region would also showcase the fastest CAGR of 9.2% during the forecast period. The other regions studied in the report include North America, LAMEA, and Europe.
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.
The global polyimide coatings market generated $1.2 billion in 2021, and is projected to reach $2.2 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.
According to the report published by Allied Market Research, the Polyimide Coating Market by Type (Thermoset, Thermoplastic), by Application (Electronic parts, Tubing, Electrical insulation, Fiber optic cables, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
The key players analysed in the global polyimide coatings market report include DuPont de Nemours, Inc., ELANTAS Beck India Ltd, FLEXcon Company, Inc., I.S.T Corporation, KANEKA CORPORATION, MITSUI CHEMICALS, INC., Saint-Gobain, SOLVER POLYIMIDE, Toray Industries, Inc., and UBE Corporation.
The report analyses these key players in the global polyimide coatings market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analysing recent developments, product portfolio, business performance and operating segments by prominent players in the market.
COVID-19 Scenario:
The outbreak of COVID-19 has had a negative impact on the growth of the global polyimide coatings market, owing to the occurrence of lockdowns in various countries across the globe.
Lockdowns resulted in the closure of various manufacturing facilities, including those of the automotive and aerospace, which adversely impacted its demand. These restrictions were imposed by the government to curb the spread of the virus during the pandemic. Thus, the demand for polyimide coatings from these industries were severely affected. In addition, continuous health crisis has increased the supply–demand mismatch, thereby impeding the polyimide coatings supply chain worldwide.
Additionally, the sales of electronic devices such as wires and cables, televisions, and laptops have surged where polyimide coatings are extensively employed for insulating purposes. It is anticipated that this will improve the performance of the polyimide coatings market after COVID-19.
The report offers detailed segmentation of the global polyimide coatings market report based on type, application, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.
Based on type, the thermoset segment held the largest market share in 2021, holding nearly three-fifths of the global polyimide coatings market share, and is expected to maintain its leadership status during the forecast period. The thermoplastic segment, on the other hand, is expected to cite the fastest CAGR of 6.9% during the forecast period.
Based on application, the electronics segment held the dominating market share in 2021, holding more than two-fifths of the global polyimide coatings industry share, and is expected to maintain its leadership status during the forecast period. The fiber optic cables segment, on the other hand, is expected to cite the fastest CAGR of 7.3% during the forecast period.
Based on region, the market across Asia-Pacific region held the dominating the global polyimide coatings market share in 2021, holding half of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same region is expected to cite the fastest CAGR of 7.0% during the forecast period. The report also analyses other regions of the market such as Europe, North America, and LAMEA.
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.
According to a new report published by Allied Market Research, titled, “Ground Protection Mats Market,” The ground protection mats market size was valued at $425.70 million in 2021, and is estimated to reach $639.1 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031.
Ground protection mats are customized mats that offer an excellent option for safeguarding both the environment and the equipment when heavy equipment is used on soft ground. Ground protection mats may help with a variety of duties such as constructing temporary paths for passengers, keeping utility vehicles from being mired in the mud, and preserving turf from vehicle damage. High-Density Polyethylene (HDPE), polypropylene, recyclable plastic, fiberglass, and other materials are used to manufacture the ground protection mats. The ground protection mats are virtually indestructible as the mat can withstand the weight of cranes, bulldozers, tractors, and others. It is safe to use in both cold and hot weather conditions. The polyethylene layer works as a waterproof surface, and dirt and gravel may be readily removed from the surface.
The building business has grown admirably during the last decade. The U.S., China, and India account for more than half of global growth. The growing population and the emergence of new firms and commercial organizations are driving the ground protection mats market demand for residential and corporate real estate. The expansion of the global economy also helps the expansion of educational institutions, healthcare, social welfare, and the consumer retail market for the country’s population. The rising demand for homes, along with the availability of limited time, is pressuring the building industry to accelerate its processes to satisfy the demand on time. This requires the use of heavy machinery and safety tools, which is expected to ensure the safety of the workers and will help to speed up the process.
Ground protection mats are used in the construction sector to provide not only safety but also a stable platform for machines to perform correctly and boost the mobility of construction trucks in difficult terrains. The construction industry’s continued expansion is projected to fuel the ground protection mats market growth. The growing popularity of ground protection mats in many industries has resulted in an increase in the market for rental mat services. All these ground protection mats market trends is creating ground protection mats market opportunity. Companies in the event and construction sectors are looking for ground protection mats that they can hire and return when they are no longer needed. Businesses can use the rental service to save on the costs and liabilities involved with acquiring ground protection mats. The rental service also removes the requirement for the mats to be stored in the company’s warehouse and cuts down on shipping costs. As a result, the mat rental industry discourages businesses from acquiring new mats, lowering overall sales of ground protection mats. The market is being hampered by a reduction in new ground protection mat sales.
In light of the increased construction activity, motorway development, and industrial expansion in emerging nations such as India, ground protection mats have gained broad appeal. Furthermore, the expanded global penetration of various online portals, as well as the expansion of various manufacturer offers or discounts, tempt a large client base to purchase ground safety items through online retail. The digital distribution channel has increased client reach, making it a crucial revenue source for many organizations. According to ground protection mats market analysis, the ground protection mats market is segmented into load type, connection, thickness, application, distribution channel, and region. On the basis of load type, the market is categorized into extreme load, heavy load, and medium load. On the basis of connection, it is divided into linked and locked. By thickness, the market is segmented into 10 mm, 15 mm, 20 mm, and others. On the basis of application, the market is divided into residential, commercial, industrial, corporate, and others.
By distribution channel, the market is divided into hypermarkets/supermarkets, specialty stores, retailers, online retail, and others. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The players operating in the global ground protection mats market have adopted various developmental strategies to expand their ground protection mats market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Justrite Safety Group, Newpark Resources, Inc, Quality Mat Company, Signature Systems Group, LLC, W. W. Grainger, Inc., Qingdao Ketian Materials Co., Ltd, CGK Group BVBA, Groundtrax Systems Ltd., Tangyin Sanyou Engineering Plastic Co., Ltd., and Greatmats Corp.
The other ground protection mats industry players are Grassform Group, LODAX, Quality Mat Co., Signature Systems Group, LLC, SuperMats, Inc., TVH India Private Limited, Maco Corporation, Groundtrax Systems Ltd., Great Mats Corp., Ground Guards Ltd., Multimatts, Regenatech, Fods, LLC, Ultimate Solutions, Discount Ramps, Sunbelt Rentals Inc., Cope Plastics Inc., Grassmats USA LLC., LuxTek GmbH, Danrec A/S, Technix Rubber & Plastics Ltd., Frank Wall Enterprises LLC., IBEX Supplies Ltd., Online Hardware PTY LTD., KTI Fencing Inc., Yak Mat, LLC, Protectmat NZ Ltd., Brandon Hire Station, and West County Equipment Rentals, LLC.
On the basis of load type, the extreme Load segment is projected to witness the highest CAGR of 4.2%, in revenue terms in ground protection mats industry, during the forecast period.
On the basis of connection, the linked segment is expected to grow at a significant CAGR during the forecast period.
On the basis of thickness, the 15 mm segment is expected to grow at a significant CAGR during the ground protection mats market forecast period.
On the basis of application, the commercial segment is projected to witness the highest CAGR of 4.9%, in revenue terms, as per ground protection mats market size.
On the basis of distribution channel, the online retail segment is expected to grow at a significant CAGR during the forecast period.
On the basis of country, the U.S. was the largest country, in terms of revenue generation for ground protection mats market in 2021.
On the basis of region, Asia-Pacific is anticipated to witness highest growth rate, registering a CAGR of 4.8% from 2022 to 2031.
Reasons to Buy this Ground Protection Mats Market Report:
> Mergers and acquisitions should be well-planned by identifying the best manufacturer.
> Sort new clients or possible partners into the demographic you’re looking for.
> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. Int’l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285 help@alliedmarketresearch.com
According to a new report published by Allied Market Research, titled, “Athletic Equipment and Footwear Market: Global Opportunity Analysis and Industry Forecast, 2021–2025,” the athletic equipment and footwear market size was $224.7 billion in 2018, and is projected reach $323.4 billion by 2025, registering a CAGR of 8.6% from 2021 to 2025.
Alarming rise in the prevalence of obesity, especially in urban areas, supplements the growth of the fitness and athletic equipment market. A startling increase was witnessed in the number of obese people worldwide. According to WHO, over 340 million children and adolescents aged 5–19 were overweight or obese in 2016. Obesity is associated with a number of health issues such as sudden cardiac arrest, hypertension, hypotension, and diabetes. Therefore, to lose weight, reduce stress, and improve blood circulation, obese people tend to use fitness and sports equipment thus driving global athletic equipment and footwear market demand.
Engaged stakeholders in the athletic equipment and footwear industry use a wide variety of marketing strategies to increase their product penetration among consumers. These strategies include celebrity endorsements, organizing events, and social media marketing. Furthermore, leading players in the industry are now heavily investing in digital platforms to market their products. In addition, leading players in the fitness industry are conducting live streaming of online workouts to promote their brands to target audience. For instance, Technogym—a company specializing in equipment manufacturing and digital technologies for fitness, sport, and health—introduced the new TECHNOGYM LIVE digital platform offering end users with fitness sessions at home. Furthermore, leading players in the industry are integrating their platforms to offer additional training experiences such as group cycling, running, rowing, and boxing. Investments in such group activities have resulted in their widespread promotions, which are likely to drive the athletic equipment and footwear market expansion in the years to come by.
The scope of the athletic equipment and footwear market consists of athletic footwear, which include walking/running shoes, sneakers, cross-training/fitness shoes/aerobic shoes, hiking shoes/boots, basketballs shoes, sports sandals, tennis shoes, boat/deck shoes, hunting shoes, baseball shoes, skateboarding shoes, golf shoes, soccer shoes, cheerleading shoes, cycling shoes, water sports shoes, bowling shoes, track shoes, volleyball shoes, and wrestling shoes.
In addition, sports and equipment considered for global analysis include archery, backpacks, badminton sets, baseball, basketballs, bicycle, billiards/pool cue sticks, binoculars, bowling, exercise, eyewear sunglasses, fishing, footballs, golf, sport protective helmets, ice hockey, inline skates, lacrosse sticks, paintball guns, racquets, scooters, and skateboards.
The sports sector was severely affected during the outbreak of the COVID-19 pandemic. Many sports events were postponed or cancelled during the outbreak. For instance, the Tokyo Summer Olympic and Paralympic games were cancelled due to this global health crisis, which hampered the growth of the market. Moreover, athletic equipment and footwear market was highly impacted across the world, as the outbreak has led to the closure of sports complexes, state sports activities, gyms, fitness studios, parks, and school & colleges. This further led to decline in participation in regular physical or sporting activities, which, in turn, hampered the athletic equipment and footwear market demand.
Key Findings Of The Study
By region, outside USA dominates in terms of global market share and is expected to retain its dominance during the athletic equipment and footwear market forecast period.
By product type, the equipment segment led in terms of athletic equipment and footwear market share, in 2018; and is expected to grow with robust CAGR during the forecast years.
D2C channel have gained high traction in both category of the market and likely to create remunerative athletic equipment and footwear market opportunities for the engaged players.
Players operating in the industry are likely to diversify supply chains and raw material sourcing to mitigate risk of supply chain disruption in future.
Some of the major players studied for the athletic equipment and footwear market analysis includes Adidas AG, Asics Corporation, Brooks Running Company, Fila Holding Corporation, Li Ning Company Limited, New Balance, Inc. Nike, Inc., Puma Se, Skechers USA, Inc., Under Armour, Inc., Callaway, Samsonite, Yonex Co., Ltd., Mizuno Corporation, Precor, Inc., Nautilus International, Inc., and Cybex International, Inc.
Reasons to Buy this Athletic Equipment and Footwear Market Report:
> Mergers and acquisitions should be well-planned by identifying the best manufacturer.
> Sort new clients or possible partners into the demographic you’re looking for.
> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. Int’l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285 help@alliedmarketresearch.com
According to a new report published by Allied Market Research, titled, “Shortening Market by Source, Application, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,”
The global shortening market size was valued at $4,250.0 million in 2020, and is estimated to reach $6,373.6 Million by 2030, registering a CAGR of 4.2% from 2021 to 2030. In 2020, the vegetables segment accounted for significant revenue share in the market, and is expected to grow at a CAGR of 3.8% throughout the forecast period. Europe is one of the prominent regions, which accounted for a sizeable share of the total market in 2020.
The global shortening market has witnessed significant growth over the years, and is expected to grow at a steady pace during the forecast period. This is attributed to increase in demand for animal and marine fats and oils from the foodservice sector and rise in use of lard in the baking industry as bread spreads. In addition, the animal source has expanded rapidly as a result of increased demand from downstream industries such as biodiesel, food, oleo chemical, and pet food. Consumers in developing regions, such as Asia-Pacific, prefer lard over butter in baked goods, thus driving the shortening market trends.
Shortening fat is utilized in most mixtures and batters, to provide the baked item a fresh and brittle texture. Shortening fat can be made from either animal fat or vegetable oil, but shortening made from mostly or completely hydrogenated vegetable oil is more common nowadays. The shortening fat is used in the wider application of the food industry such as ice-creams, dried noodles, and other functional food items for better taste and longer shelf-life in the market.
According to the shortening market analysis, the market is segmented into source, application, sales channel, and region. Depending on source, the market is divided into vegetables and animal. Based on applications, bakery products, confectionery products, snacks & savory products, and others. By sales channel, it is fragmented into direct and indirect sales. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Based on source, vegetables segment held the major share of 81.1% in the global shortening market. This is attributed to the wide usage of vegetables source in the bakery, confectionery products sector. Moreover, animal source witness highest CAGR throughout the forecast period. Animal fats are necessary for cell growth and the protection of organs in the body. Furthermore, fats play an important role in a variety of biological functions, including the production of hormones and the regulation of vitamins. Thus, animal fats are classified into different groups, including saturated, monounsaturated, trans, and polyunsaturated fats, each of which has a different effect on cholesterol levels.
Based on application, bakery products segment witness a major traction and is likely to gain a major demand in the coming years. Bakery products segment witness an annual growth rate of 3.6% during the forecast period. The demand for bakery products segment is increasing everyday owing to the changing lifestyles, growing population and economic improvements. Growing urbanization and increasing demand for ready to eat or fast food is expected to surge sales of the bakery products. Fortification of bakery products with functional ingredients is further supplementing the shortening market growth.
Based on sales channel, indirect sales held the major share of 65.4% in the market. The growth of the indirect sales segment is driven by increase in demand for shortening products, fueled by the boom in bakery and confectionery products.
Depending on the market, Europe accounted for the maximum share in the global market in 2020, and is anticipated to continue this trend in the near future. The demand from the region respective food sectors, which is supported by improvement in living standards and population growth, is driving the market. Moreover, increase in emphasis on biofuels, such as biodiesel produced from animal fats, is augmenting the shortening market demand.
The major players in the market are Cargill Incorporated, Premium Vegetable Oils Sdn Bhd, Bunge North America, Inc, Fediol, Namchow Chemical Industrial Co., Ltd, Wilmar International Ltd, Fuji Oil Co., Ltd, Associated British Foods plc, Ventura Foods, and J.M. Smucker Company .
Key findings of the study
By source, the vegetables segment held the highest share, accounting for 81.1% of the global shortening market. Based on application, the bakery products segment held the major share of 44.2% of the market. Region wise, Europe held the major shortening market share, and is expected to remain dominant throughout the forecast period.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact: United States 1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. Int’l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285 help@alliedmarketresearch.com
According to the report published by Allied Market Research, the Kevlar Fiber Marketby Application (Safety and Protection, Aerospace, Industrial Filtration, Frictional Materials, Rubber and Tire Reinforcement, Optical Fibers, Electronics and Telecommunication, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031. The global kevlar fiber market garnered $449.2 million in 2021, and is estimated to generate $653.4 million by 2031, manifesting a CAGR of 3.9% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
Leading market players of the global kevlar fiber market analyzed in the research include Aramid Hpm LLC, CTech-LLC, C.S.R Inc., DuPont De Numerous Inc., Final Advance Materials, GAB Neumann Gmbh, Hyosung Advanced Materials, Hexcel Corporation, Huvis Corporation, Kolon Industries Inc., Stern EWS, Teijin Ltd., Toray Industries Inc., Yantai Tayho Advanced Materials Co. Ltd, and MiniFIBERS, Inc.
The report provides a detailed analysis of these key players of the global kevlar fiber market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Covid-19 Scenario:
The outbreak of the COVID-19 pandemic had a devastating impact on the global electronic sector, causing unquantifiable losses to firms.
The pandemic impacted the global supply chain and caused a slowdown in the electronics & telecommunication industry, which is the major end-user of kevlar fiber.
For instance, China is the largest producer and exporter of varied electronic input supplies that are utilized to manufacture finished electronic products. The ongoing production standstill in China compelled electronic producers in Europe and the U.S. to hold the manufacturing of electronic goods temporarily.
Further, the COVID-19 pandemic negatively impacted the aviation & aerospace industry.
However, more people are preferring flights for travelling and are also showing a stronger preference for nonstop travel in order to avoid the risk of the coronavirus. Consequently, this is likely to surge the aircraft manufacturing and drive the kevlar fiber market.
The research provides detailed segmentation of the global kevlar fiber industry based on application and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on application, the safety and protection segment accounted for the highest share in 2021, contributing to nearly two-fifths of the global kevlar fiber market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the optical fibers segment is expected to manifest the highest CAGR of 5.8% from 2022 to 2031.
Based on region, Asia-Pacific held the largest share in 2021, contributing to nearly half of the total kevlar fiber market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the same region is expected to manifest the fastest CAGR of 4.4% during the forecast period. The research also analyzes regions including North America, Europe, and LAMEA.
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.
The increase in health consciousness among consumers regarding health conditions such as obesity and diabetes caused due to excessive sugar intake, have led to the rise in preference for natural additives in beverages. This factor majorly boosts the beverage additives market. In addition, the shift in consumer preference toward packaged beverages owing to increase in disposable income and modern lifestyle, has fueled the demand for additives to extend the shelf life of the product and maintain its freshness. This factor furthermore helps boost the demand for additives such as preservatives, for increasing the product shelf life. Consumers are experimenting with exotic flavored beverages. This creates a rise in demand for additives such as flavoring agents to enhance the tastes and textures of beverages.
The beverage additives market is segmented based on type, application and region. Based on type, it is classified into preservatives, colorants, flavoring agents, flavor enhancers and others. Based on application, it is categorized into alcoholic beverages and non-alcoholic beverages. Based on region, it is studied across North America, Europe, Asia-Pacific and LAMEA.
The key players in the market include Kawarlal & Co., Celanese Corporation, Bell Flavors & Fragrances, Prinova Group LLC, Dallant, S.A., Koninklijke DSM N.V., Keva Flavours Pvt. Ltd., Kerry Group, Sensient Technologies Corporation, and International Flavors & Fragrances Inc.
Beverages additives refer to the substances used to enhance the taste and flavor of beverages such as colorants, preservatives, flavoring agents, and other similar products. These additivities are either derived naturally or are produced artificially. They help maintain or improve the quality of the product and maintain the nutritional content. Beverage additives are applied in alcoholic beverages such as whiskey, beer, wine and others as well as in nonalcoholic beverages such as juices, soft drinks, sports and energy drinks, dairy beverages, and others.
Key Benefits of the Report:
The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global beverages additives market to elucidate the prevailing opportunities and tap the investment pockets.
It offers qualitative trends as well as quantitative analysis of the global market to assist stakeholders to understand the market scenario.
In-depth analysis of the key segments demonstrates the type of Beverages additives obtained from various sources and it’s applications.
Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
Key market players are profiled to understand the competitive outlook of the market.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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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