Insurtech Market Outlook 2022 Analysis By Top Keyplayers | Majesco, Oscar Insurance, OutSystems

Allied Market Research published a report, titled, “Insurtech Market by Offering (Solution and Service), Deployment Model (On-premise and Cloud), Technology (Artificial Intelligence, Cloud Computing, Blockchain, Big Data & Business Analytics, IoT, and Others), End User (Life & Health Insurance and Property and Casualty (P&C) Insurance), and Application (Product Development & Underwriting, Sales & Marketing, Policy Admin Collection & Disbursement, and Claims Management): Global Opportunity Analysis and Industry Forecast, 2021-2030”.

𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/request-sample/12738

The report offers an extensive analysis of changing market dynamics, key investment pockets, major segments, value chain analysis, competitive landscape, and investment feasibility. The research offers a detailed analysis of drivers, restraints, and opportunities of the global Insurtech market. These insights provide necessary guidance to determine driving factors and implement strategies to gain a sustainable growth and tap on opportunities to explore the potential of the market.

The research provides a comprehensive analysis of driving factors, restraining factors, and opportunities of the global Insurtech market. This analysis is helpful in identifying driving forces, achieving maximum growth, and adopting strategies to sustain in the market. Furthermore, investors, market players, and new entrants are able to gain insights to explore the Insurtech market potential, avail new opportunities, and gain the competitive advantage. Detailed elaboration of each factor is mentioned in the report to help market players in thorough understanding.

Scope of the Report: –

Report AttributeDetails
Revenue forecast in 2030$158,994.52 million
Growth rateCAGR of 32.7% from 2021 to 2030
Forecast period2021 – 2031
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Regional scopeNorth America, Europe, Asia Pacific, Latin America, MEA
Country scopeU.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, South Korea, Australia, Brazil, Mexico, South Africa, Saudi Arabia
Key companies profiledDamco Group, DXC Technology Company, Majesco, Oscar Insurance, OutSystems, Quantemplate, Shift Technology, Trov Insurance Solutions, LLC, Wipro Limited, and Zhongan Insurance. Access Table PDF

Extensive Segmentation

By Offering
• Solution
• Service

By Deployment Model
• On-premise
• Cloud

By Technology
• Artificial Intelligence
• Cloud Computing
• Blockchain
• Big Data & Business Analytics
• IoT
• Others

By End User
• Life & Health Insurance
• Property and Casualty (P&C) Insurance
o Auto Insurance
o Buildings Insurance
 Commercial Buildings Insurance
 Home Insurance
 Dwelling Coverage
 Contents Coverage
o Marine Insurance
o Liability Insurance
o Others

By Application
• Product Development & Underwriting
• Sales & Marketing
• Policy Admin Collection & Disbursement
• Claims Management

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An extensive analysis of each segment and sub-segment is offered in the research with in graphical and tabular formats. This analysis is helpful in determining the highest revenue generating and fastest growing segments and implementing different strategies to achieve the growth during the forecast period.

The research provides a detailed competitive scenario of the global Insurtech market for every region. Regions analyzes in the report include North America (United States, Mexico, and Canada), Europe (The U.K., Germany, France, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Aforementioned segments are analyzed for each region in the research. The data and statistics mentioned in the report provide a valuable guidance to determine the untapped potential in different regions markets and adopting various strategies. AMR also offers customization services for particular regions and segments as per the requirements.         

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Covid-19 impact Analysis

  • Manufacturing activities of Insurtech market halted due to lockdown measures taken place across many countries. Moreover, supply chain disruptions and shortage of raw materials created challenges in carrying out manufacturing in full capacity.
  • The demand from end use industries reduced significantly due to halt in day-to-day operations during lockdown. However, the demand would grow steadily during post-lockdown as daily operations get back on track.
  • The ban on import-export activities led to supply chain disruption and supply-demand gap. As the restrictions are lifted off, the supply chain will be restored.

The report offers a detailed scenario of the global Insurtech market during the Covid-19 pandemic. These insights are helpful for market players, investors, startups, and others to revise their strategies and minimize the impact on their businesses. The impact mentioned in the report is the result of thorough research.

Competitive Landscape

The report offers a detailed analysis of major market players operating in the global Insurtech market. The leading market players profiled in the report are Damco Group, DXC Technology Company, Majesco, Oscar Insurance, OutSystems, Quantemplate, Shift Technology, Trov Insurance Solutions, LLC, Wipro Limited, and Zhongan Insurance. The competitive landscaope and the strategies adopted by market players are mentioned in the report.  These Insurtech market players have adopted various strategies such as new product launches, partnerships, joint ventures, collaborations, mergers and acquisitions, expansion, and others to avail sustainable growth and strengthen their presence in the global Insurtech market.

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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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Global Packaging Machinery Market Size Share, Growth, Trends Analysis by 2030 | Allied Market

Packaging Machinery Market Size $70 Bn Billion BY 2030 | Analysis, Growth And Forecast

The research report contains an in-depth analysis and discussion of important industry trends, market dynamics, market size, and market share estimation. In addition, the report outlines the drivers, restraints, and opportunities of the Global Packaging Machinery Market which is essential to implement strategies and to gain a sustainable growth during the forecasted period. Moreover, a detailed analysis of Covid-19 impact on the global Packaging Machinery market is also published in the report.

packaging machinery market size was valued at $43,520.0 million in 2020, and is projected to reach $69,218.0 million by 2030, registering a CAGR of 4.7% from 2021 to 2030

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Covid-19 impact:

Manufacturing activities of Packaging Machinery halted due to implementation of stringent lockdown. To prevent the spread of coronavirus, governments across every nation made social distancing compulsory, due to which, market players faced shortage of labor force. Moreover, restrictions in import & export activities led to supply chain disruptions which further resulted to shortage of raw materials. This in turn, created challenges in carrying out manufacturing in full capacity. Also, most of the construction projects were either delayed or cancelled, especially in the initial stage of the pandemic.

Packaging Machinery Market Segments

By Type

  • Filling Machines
  • Form, Fill and Seal (FFS) Machines
  • Cartoning Machines
  • Palletizing Machines
  • Labelling Machines
  • Wrapping Machines
  • Cleaning & Sterilizing Machines

By Business

  • OEM
  • Aftermarket

By End-user

  • Food and Beverages
  • Pharmaceuticals
  • Chemical
  • Cosmetics

Competitive Landscape:

  • Aetna Group S.p.A.
  • B&H Manufacturing Company, Inc.
  • Barry-Wehmiller Companies, Inc.
  • CKD Corporation
  • Coesia S.p.A.
  • Duravant LLC 
  • Fuji Machinery Co., Ltd.
  • Langley Holdings plc
  • Robert Bosch GmbH
  • The Adelphi Group of Companies

These companies have adopted numerous strategies such as new product launches, mergers & acquisitions, collaborations, joint ventures, partnerships, expansion, and others in order to gather immense growth prospects during the forecasted period.

Table of Content:

1 Report Overview

1.1 Study Scope

1.2 Key Market Segments

1.3 Players Covered

1.4 Market Analysis by Type

1.5 Market by Application

1.6 Study Objectives

1.7 Years Considered

2 Global Growth Trends

2.1 Packaging Machinery Market Size

2.2 Packaging Machinery Growth Trends by Regions

2.3 Industry Trends

3 Market Share by Key Players

3.1 Packaging Machinery Market Size by Manufacturers

3.2 Packaging Machinery Key Players Head office and Area Served

3.3 Key Players Packaging Machinery Product/Solution/Service

3.4 Date of Enter into Packaging Machinery Market

3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product

4.1 Global Packaging Machinery Sales by Product

4.2 Global Packaging Machinery Revenue by Product

4.3 Packaging Machinery Price by Product

5 Breakdown Data by End User

5.1 Overview

5.2 Global Packaging Machinery Breakdown Data by End User

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

Protein Ingredients Market by Source, Form and Application – Global Opportunity Analysis and Industry Forecast 2021-2027

According to the report, the global prebiotics ingredients market generated $7.19 billion in 2020, and is projected to reach $14.31 billion by 2031, witnessing a CAGR of 6.3% from 2022 to 2031. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

Increase in consumer awareness related to health benefits of prebiotics, multifunctional nature of prebiotic ingredients, and ease of incorporation in a wide range of food & beverages drive the growth of the global prebiotics ingredients market. On the other hand, use of prebiotics in poultry feed to improve digestion, performance, and immune system of animals present new opportunities in the upcoming years.

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COVID-19 scenario:

The outbreak of the COVID-19 pandemic led to have a positive impact on the growth of the global prebiotics ingredients market. As people became more health conscious than before, the demand for prebiotics ingredients in dietary supplements and food & beverages increased to a huge extent.
On the other hand, the pandemic disrupted the whole supply chain, leading to the difficulty in supply of raw materials. This, in turn, affected the production of prebiotics ingredients in full capacity.
Also, there was a limited workforce in the manufacturing hubs in order to maintain the social distancing norms.
The report offers detailed segmentation of the global prebiotics ingredients market based on product type, application, feedstock, and region.

Based on application, the food & beverages segment held the highest market share in 2020, holding more than two-thirds of the total market share, and is expected to continue its leadership status during the forecast period. However, the dietary supplements segment is estimated to register the highest CAGR of 7.2% from 2022 to 2031.

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Based on source, the cereals segment held the largest market share in 2020, holding nearly two-fifths of the total market share, and is expected to continue its leadership status during the forecast period. However, the roots segment is projected to register the highest CAGR of 7.1% from 2022 to 2031.

Based on region, Asia-Pacific contributed to the highest share in terms of revenue in 2020, holding more than two-fifths of the total market share, and is estimated to continue its dominant share by 2031. Moreover, this region is projected to manifest the fastest CAGR of 6.9% during the forecast period. Other regions discussed in the report include North America, Europe, and LAMEA.

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Leading players of the global prebiotics ingredients market analyzed in the research include Beneo GmbH, Cargill Incorporated, E. I. Du Pont De Nemours and Company, FrieslandCampina, Ingredion Incorporated, Samyang Genex, Nexira, Beghin Meiji, Royal Cosun, and Yakult Pharmaceutical Industry Co., Ltd.

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.

Micro Motor Market by latest COVID-19 Impact and Global Analysis to 2030 with leading players

Micro Motor Market Size $56Bn Billion BY 2030 | Analysis, Growth And Forecast

The research report contains an in-depth analysis and discussion of important industry trends, market dynamics, market size, and market share estimation. In addition, the report outlines the drivers, restraints, and opportunities of the Global Micro Motor Market which is essential to implement strategies and to gain a sustainable growth during the forecasted period. Moreover, a detailed analysis of Covid-19 impact on the global Micro Motor market is also published in the report. micro motor market size was $ 36,477.9 million in 2020, and is expected to reach $56,066.2 million by 2030, with a CAGR of 4.1% from 2021 to 2030

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Covid-19 impact:

Manufacturing activities of Micro Motor halted due to implementation of stringent lockdown. To prevent the spread of coronavirus, governments across every nation made social distancing compulsory, due to which, market players faced shortage of labor force. Moreover, restrictions in import & export activities led to supply chain disruptions which further resulted to shortage of raw materials. This in turn, created challenges in carrying out manufacturing in full capacity. Also, most of the construction projects were either delayed or cancelled, especially in the initial stage of the pandemic.

Key Segments Covered:

By Type

  • AC
  • DC

By Technology

  • Brushed Motor
  • Brushless Motor

By Power Consumption

  • Below 9V
  • 10V-20V
  • 21V-50V
  • More than 50V

By Application

  • Industrial
  • Automotive & Aerospace
  • Healthcare 

Competitive Landscape:

  • Mabuchi Motor Co Ltd
  • Nidec Corporation
  •  Buhler Motor GmbH
  • Johnson Electric Holdings Limited
  •  Maxon Motor AG
  •  Arc Systems Inc
  • ABB Group
  • Mitsuba Corporation
  •  Constar Micromotor Co Ltd
  • Siemens AG.

These companies have adopted numerous strategies such as new product launches, mergers & acquisitions, collaborations, joint ventures, partnerships, expansion, and others in order to gather immense growth prospects during the forecasted period.

Table of Content:

1 Report Overview

1.1 Study Scope

1.2 Key Market Segments

1.3 Players Covered

1.4 Market Analysis by Type

1.5 Market by Application

1.6 Study Objectives

1.7 Years Considered

2 Global Growth Trends

2.1 Micro Motor Market Size

2.2 Micro Motor Growth Trends by Regions

2.3 Industry Trends

3 Market Share by Key Players

3.1 Micro Motor Market Size by Manufacturers

3.2 Micro Motor Key Players Head office and Area Served

3.3 Key Players Micro Motor Product/Solution/Service

3.4 Date of Enter into Micro Motor Market

3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product

4.1 Global Micro Motor Sales by Product

4.2 Global Micro Motor Revenue by Product

4.3 Micro Motor Price by Product

5 Breakdown Data by End User

5.1 Overview

5.2 Global Micro Motor Breakdown Data by End User

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

Cocoa Market is Poised to Register 4.3% Growth to Hit USD $15.5 billion by 2027 by the End of 2021 to 2027 | Key Player – Cargill, Inc., Olam International Ltd., Toutan S.A., Barry Callebaut AG, The Hershey Company, Guan Chong Cocoa Manufacturer SDN. BHD, Ciranda, Inc

The specialty cocoa segment is expected to grow at a significant pace, especially in Europe. Specialty cocoa is a special type of high quality cocoa that is of single origin and is produced by applying good pre and post-harvesting techniques. It has a differentiated genotype than the common cocoa or the bulk cocoa. Europe is expected to be the largest market for specialty cocoa, due to the growing demand and consumption of high quality chocolate and chocolate products. 

 According to the report published by Allied Market Research, the global cocoa market generated $12.8 billion in 2019, and is projected to reach $15.5 billion by 2027, witnessing a CAGR of 4.3% from 2021 to 2027. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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According to the opinions of numerous CXOs of top corporations, the players in the cocoa industry are placing a strong emphasis on storytelling as a strategy for marketing. The backstories of the things that customers and consumers purchase and consume hold their attention intensely. The product’s backstory may have a significant impact on the customer’s choice to purchase. When developing their branding strategy, the producers and processors of chocolate and cocoa goods give storytelling their full focus. Customers are curious in the origins of products, which presents a chance for cocoa producers and traders to highlight the origin of the cocoa, particularly in the case of specialty cocoa. Mostly, the storytelling strategy is used by the chocolate manufacturing companies showing cocoa beans and cacao tress in their advertising. Nestle Kit-Kat and Cadbury Bournville are the examples of chocolate brands that use storytelling strategies.

Additionally, the CXOs added that the market for specialty cocoa and exquisite flavor cocoa is being driven by Europe’s appetite for premium chocolates. Although they are less common, these two cocoas are incredibly well-liked for their flavor and quality. As a result, it is anticipated that in the years to come, demand for speciality and fine flavor cocoa would increase significantly. The development of the global cocoa market is also being aided by the expanding use of cocoa in sectors including confectionery, food and beverage, cosmetics, and medicines.

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Key Take Away of the Study

  • Cocoa liquor segment is expected to grow at highest CAGR of 4.4% during the forecast period
  • Dutch process segment is expected to grow at highest CAGR of 4.3% during the forecast period.
  • Organic segment is expected to grow at highest CAGR of 5.0% during the forecast period.
  • Specialty segment is expected to grow at highest CAGR of 4.6% during the forecast period.
  • Animal Feed segment is expected to grow at highest CAGR of 6.1% during the forecast period.
  • Asia-Pacific dominates the market and is expected to grow at highest CAGR of 4.6% during the forecast period.

The report offers detailed segmentation of the global cocoa market based on product type, process, nature, quality, application, and region.

According to the cocoa market forecast, on the basis of product type, the cocoa liquor segment was the highest contributor to the market, with $4,837.1 million in 2019, and is expected to sustain its significance during the forecast period. The cocoa liquor, also known as chocolate liquor is the essential item required to produce raw chocolate. Cocoa butter and cocoa powder are also produced from cocoa liquor.

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Therefore, rise in demand for chocolates, and growth in use of cocoa liquor in confectionery, food & beverages, bakery, cosmetics, and pharmaceutical sector will boost the demand for the cocoa liquor.

Based on nature, the conventional segment held the highest market share in 2020, holding 91% of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the organic segment is estimated to register the highest CAGR of 5.0% from 2021 to 2027.

Based on application, the confectionary segment held the largest market share in 2020, holding more than two-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the animal feed segment is projected to register the highest CAGR of 6.1% from 2021 to 2027.

Based on region, Europe contributed to the highest share in terms of revenue in 2020, holding more than two-fifths of the total market share, and is estimated to continue its dominant share by 2027. However, the Asia-Pacific region is projected to manifest the fastest CAGR of 4.6% during the forecast period.

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Leading players of the global cocoa market analyzed in the research include Cargill, Inc., Olam International Ltd., Toutan S.A., Barry Callebaut AG, The Hershey Company, Guan Chong Cocoa Manufacturer SDN. BHD, Ciranda, Inc., United Cocoa Processor, Inc., Bloomer Chocolate Company, and VJ Jindal Cocoa Private Limited.

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  • The report offers a comprehensive evaluation of the Global Body Dryer Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

Luxury Yacht Market has the potential to grow by $12.8 Billion during 2031,market’s growth momentum will accelerate at a CAGR of 8.0%

The global luxury yacht market is expected to remain influenced by eternal need for luxury. Growth in trend of remote exploration have created new growth avenues for luxury yachts. Furthermore, introduction of new materials, such as structural glass have allowed yacht architecture to reach new levels of sophistication.

 According to the report published by Allied Market Research, the global luxury yacht market generated $5.8 billion in 2020, and is anticipated to generate $12.8 billion by 2031, witnessing a CAGR of 8.0% from 2022 to 2031. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

The CXOs of the top corporations claimed in several interviews that the luxury boat market is predicted to experience significant expansion in the next years. The constant need for luxury is also anticipated to have an impact on the worldwide luxury yacht market. Additionally, the growing popularity of remote exploration offers luxury yachts additional growth opportunities. Furthermore, yacht architectures have been able to advance to new degrees of sophistication thanks to the arrival of new materials like structural glass.

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In recent years, the number of millionaires has increased, and large segments of the millennial population have acquired an insatiable appetite for luxury ships. Yachts are the height of luxury, equipped with helipads, swimming pools, saunas, hot tubs, and more. The new generation increasingly focuses on pursuing rare, tailored experiences over accumulating things. With on-board beach toys, such as motorboats & jet skis, top-deck Jacuzzi, lavish swimming pools, and private screening rooms, yachts represent pinnacle of luxurious life.

The luxury yacht industry yachts continued to be one of the few shining lights in a generally bleak global economy. The market is anticipated to have considerable growth throughout the projected period due to strong underlying factors such as the rise in ultra-high net worth individuals, surge in preference for recreational and expedition travel, and rise in trend of yacht tourism. The industry is simultaneously dealing with difficulties brought on by high maintenance costs, strict laws and regulations, and quick technical advancement.

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Key Take Away From This Study

  • The 75-120 feet segment was the highest contributor to the global luxury yacht market in 2020, and is projected to grow at a moderate CAGR during the forecast period.
  • There is a continuous buzz for yacht tourism across the world. As a result, the global luxury yacht demand in terms of volume is projected to grow at with substantial growth rate during the forecast period.
  • Personalization, chartering, and remote exploration by yachts are the some of the emerging luxury yacht market trends around the world.
  • Fiber reinforced polymer/composites segment accounted for about three-fourths of the market share for 2020 and is projected to grow with highest the CAGR during the forecast period.
  • Motorized luxury yacht segment is projected to exhibit rapid growth in the luxury yacht market, owing to easy maneuverability, high power, and more on board facilities.
  • In terms of volume, Italy accounted for about 50% share in global luxury yacht market for 2020.

The Europe region dominates the global Luxury Yacht market and is expected to retain its dominance throughout the forecast period.

The report offers detailed segmentation of the global luxury yacht market based on size, type, and region.

Based on size, the 120-250 feet segment held the highest market share in 2020, accounting for nearly half of the global luxury yacht market, and is estimated to maintain its leadership status throughout the forecast period. However, the above 250 feet segment is projected to manifest the highest CAGR of 9.0% from 2022 to 2031.

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Based on type, the motorized luxury yacht segment accounted for the largest share in 2020, contributing to more than two-thirds of the global luxury yacht market, and is projected to maintain its lead position during the forecast period. Moreover, the same segment is expected to portray the largest CAGR of 8.3% from 2022 to 2031. The report also analyses segments including sailing luxury yacht and others.

Based on region, Europe, followed by Asia-Pacific & North America, held the highest market share in terms of revenue 2020, accounting for more than two-thirds the global luxury yacht market. However, the Asia-Pacific region is expected to witness the fastest CAGR of 8.6% from 2022 to 2031.

Leading players of the global luxury yacht market analyzed in the research include Alexander Marine Co Ltd, Damen Shipyards Group, AzimutBenettiS.p.A., Feadship, FERRETTI S.P.A., Horizon Yacht USA, Princess Yachts International plc, Sanlorenzo Spa, Sunseeker International Limited, and Viking Yacht Company.

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Why buy this report?

  • The report offers a comprehensive evaluation of the Global Body Dryer Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

About US

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.

Hydraulic Fluids Market Share, Size, Trends, COVID-19 Impact, Growth Drivers, Future Trends and Region-Forecast to 2027

Allied Market Research published a new report, titled, “Hydraulic Fluids Market by Type of Base Oil (Mineral Oil, Synthetic Oil, and Bio-based Oil), and End-Use Industry (Oil & Gas, Automotive, Marine, Aerospace & defense, Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage. 

According to a report published by Allied Market Research, the global hydraulic fluids market is anticipated to hit $12.4 billion by 2027. The growth in the automotive and sales sector and surge in popularity of mineral hydraulic fluids among consumers are the major reasons proliferating the market. But at the same time, the fluctuations in the cost of raw materials are coming out to hamper the market to a certain extent. Moreover, the manufacturing of bio-based hydraulic oil and further developments are expected to present an array of opportunities for the market players in the near future.

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Mineral oils, furthermore, are formed as a result of refining crude oil. Their quality is further improved by adding certain materials. The non-inhibited refined mineral oil is categorized as HH. Whereas, HL has additives that make it anti-corrosion and anti-rust. HM, on the other hand, is a type that has additives for anti-wear along with the additives of the HL type.

Fire-resistant hydraulic fluids – For some cases, hydraulic fluids are made fire-resistant, manufactured from a variety of different materials combined together. In cases where there is are fire risks, these fire-resistant fluids are naturally used. Fire-resistant fluids, furthermore, have different types, including HFAE, HFAB, HRAS, HFC, and others. HFAE is basically oil in water emulsion, whereas, HFAB is a solution of 40% water in oil emulsion. HRAS, furthermore, is a chemical solution in water and HFC is a water polymer solution with water glycol.

Water/oil emulsions – The major substance here is oil which is used for around 60%. Chemicals are used to mix the water with the oil. During the contact between the fluid and a hot surface, the water would be vaporized thereby preventing the fire. In addition, the mixture also provides good lubrication properties.

Hydraulic fluids are the major reason behind the smoothness of hydraulic systems. Earlier water was used as the original fluid with the traditional cast iron component hydraulic systems. However, it was soon found that it has some major flaws. For instance, it would freeze as soon as the temperature drop. Where on the other hand, it would evaporate with hot climatic conditions. Although water is still used in various scenarios and applications, it will usually be emulsified with oil.

Apart from these, there are various other hydraulic fluids that are used for industrial purposes. Following are a few most commonly used hydraulic fluids-

Mineral oils – These days, refining mineral oil is used to make most typical hydraulic fluids. The purpose of using mineral oil is that it can usually handle extreme temperatures. But at the same time, these fluids suffer due to low flashpoint.

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Phosphate Esters or HFDR- These fluids are fire resistant and therefore do not ignite unless they reach an extremely higher temperature. However, the main problem is with this its tendency to be chemically active, owing to which it strips paint and destroys rubber. This, in turn, makes it necessary to apply certain shields to withstand the chemical action. Moreover, this fluid is also quite expensive.

Leading players of the global hydraulic fluids market analyzed in the research include Royal Dutch Shell plc., Exxon Mobil Corporation, Dow, BP p.l.c, BASF SE, Total S.A., Eastman Chemical Company, LUKOIL Marine Lubricants DMCC, Sinopec Limited, and Chevron Corporation.

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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.  

Fabric Toy Market Expanding at a Healthy 3.3% CAGR, To Reach a Value of  $14,29 Million by 2030

Growing concern about child safety and comfort and awareness regarding biodegradable toys has been spurring the growth of the Fabric toys market during the forecast period. Furthermore, fabric toys considerably purchased for home decoration and used as comfort object in bedroom and halls are projected to drive the fabric toys market.

 A fabric toys can accompany a child as they grow and plays a key part in childhood. Cartoons like Chota Bhim, Tom and Jerry, and Doraemon have become quite famous among kids. As a result, kids are affected by these shows and want to purchase character-themed fabric toys. In addition, the market is expanding quickly due to the increase in demand for fabric toys that can be customized. The fact that toys, including fabric toys, keep kids entertained is one of the reasons parents buy them for their children. In addition, fabric toys are produced using environmentally friendly materials like organic cotton, wool, and cotton, which is good for kids’ health.

The key players profiled in this study includes: 

  • HASBRO
  • Safari Ltd
  • Mattel, Inc.
  • Build-A-Bear Workshop, Inc.
  • LEGO System A/S
  • SANRIO CO., LTD
  • RAVENSBURGER AG
  • GOLIATH GAMES
  • CLEMENTONI
  • TOMY COMPANY, LTD.

The Asia-Pacific region is driving the market expansion for plastic toys, which is expanding slowly overall. Toy innovation, the growth of retail channels, and increased disposable income are the market’s primary drivers. The introduction of smartphones, however, is presenting significant difficulties for the involved stakeholders.

Since online platforms are one of the simplest ways to spread awareness about the specifications and features of fabric toys, especially biodegradable toys, among the target customers, the rise in rate of internet penetration across the major regions of the world has paved the way for manufacturers to launch several key online marketing program .

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People are increasingly concern about the negative impact of the plastic and avoiding its purchase. Thus, players in the toy industry are now making environment-conscious decisions by ensuring incorporation of natural raw materials and minimizing the usage of plastic. Thus, fabric toys has been gaining higher traction among customers owing to above mentioned factors.

In India For the domestic toy business to become more competitive, the government offers comprehensive support. Toys can be used as a learning tool, and some of the measures include promoting Made in India toys, designing toys based on Indian values, culture, and history, holding hackathons and big challenges for toy design and production, monitoring toy quality, restricting imports of subpar and unsafe toys, and supporting local toy clusters.

In India Toy exports rose from $202 million in the Financial Year (FY) 2018-19 to $326 million in the FY 2021-22, a 61.38 percent rise over the previous three years. In the last three years, the amount of toys imported has decreased by 70%, from $ 371 Mn in FY 2018-19 to $ 110 Mn in FY 2021-22.

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Key Finding of the Study

  • Character Soft Toys segment hold the major share of 33.1% in 2020
  • Up to 5 Years segment hold the major share of 45.9% in 2020
  • Specialty Stores segment hold the major share of 33.1% in 2020
  • North America region holds the major share of 31.2% in 2020

The report segments the global fabric toys market on the basis of type, product type, distribution channel, age group, and region.

Based on product type, the character soft toys segment accounted for the largest market share in 2020, contributing to more than one-third of the total share. On the other hand, the dolls segment is estimated to witness the fastest CAGR of 4.3% from 2021 to 2030.

Based on age group, the up to 5 years segment contributed to the highest market share in 2020, contributing to more than two-fifths of the total market share, and is anticipated to dominate the market during the forecast period. On the other hand, the above 10 years segment is expected to manifest a CAGR of 4.3% from 2021 to 2030.

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Based on region, North America contributed to the highest share in 2020, holding nearly one-third of the total share, and is expected to maintain dominance throughout the forecast period. The Asia-Pacific region is expected to portray the fastest CAGR of 4.0% from 2021-2030.

Key players of the global fabric toys market analyzed in the research include Safari Ltd., Mattel, HASBRO, Inc., Lego System A/S, Build-A-Bear Workshop, Inc., Sanrio Co., Ltd, Goliath Games, RAVENSBURGER AG, CLEMENTONI, and Tomy company, ltd.

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Why buy this report?

  • The report offers a comprehensive evaluation of the Global Body Dryer Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

About US

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.

Algae Products Market Size Is Likely To Reach a Valuation of Around $4.28 Billion by 2031

The global algae products market generated $2.27 billion in 2020, and is expected to reach $4.28 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.

Increase in global population, surge in demand for food, and customization of functional food product portfolio have boosted the growth of the global algae products market. However, consumption of algae-based prescription drugs can cause gastrointestinal issues and nausea, which in turn, hampers the market growth. On the contrary, development of commercial by-products and algae-based biofuel production technology would open new opportunities in the future.

The global algae products market includes an in-depth analysis of the prime market players such as euglena Co., Ltd., Cyanotech Corporation, Algae Systems LLC., Algenol Biofuels Inc., Cargill, Incorporated, Corbion, BIOPROCESS ALGAE, LLC, Algatechnologies, Cellana Inc., and Earthrise Nutritional.

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Covid-19 scenario:

  • The Covid-19 pandemic had a moderate impact on the algae products market, due to disruption of supply chain, closure of manufacturing facilities, and challenges in procurement of raw materials.
  • However, the demand for algae products is expected to rise in the future, owing to increase in consumer awareness about the benefits of algae products and surge in consumer expenditure on consumption of healthy food products.

The report segments the global algae products market on the basis of type, source, form, application, and region.

Based on type, the report is divided into spirulina, chlorella, astaxanthin, beta carotene, and hydrocolloids. The hydrocolloids segment held the largest share in 2020, accounting for nearly half of the market. However, the spirulina segment is projected to register the highest CAGR of 6.3% during the forecast period.

On the basis of source, the report is classified into brown algae, red algae, green algae, and blue green algae. The brown algae segment held the largest share in 2020, contributing to more than one-third of the market. However, the green algae segment is estimated to manifest the highest CAGR of 6.2% from 2022 to 2031.

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The global algae products market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2020, accounting for more than one-third of the market. However, market across Asia-Pacific is anticipated to portray the highest CAGR of 6.6% during the forecast period.

About Us:

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

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.

Hydroxychloroquine Market Share, Size, Trends, Product Type, COVID-19 Impact, Growth Drivers, and Forecast 2027

Hydroxychloroquine market growth is driven by increase in demand for HCQ as a potential treatment option amidst the Covid-19 pandemic and surge in cases of malaria. However, ban in several countries due to lack of study data and fatal side-effects of the medicine hinder the market growth. On the other hand, repurposing of HCQ as an anti-cancer drug creates new opportunities in the coming years.

According to the report, the global hydroxychloroquine industry generated $1.9 billion in from 2020 to 2027.

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Covid-19 Scenario:

• The demand for hydroxychloroquine increased ten times due to its potential in the treatment of Covid-19 infected patients. However, there are conflicts about its effectiveness.

• India, being the largest producer of this drug, imparted ban on export activities to fulfill the increasing demand across the countries as the Covid-19 cases rise. The Indian Council of Medical Research released guidelines to use HCQ in the prophylaxis of Covid-19.

• A huge number of clinical trials have been started across the world to determine the efficacy and safety of HCQ in the treatment and prevention of the coronavirus infection. Researchers are waiting the final results.

The API segment to maintain its leadership status during the forecast period:

Based on product type, the API segment accounted for the highest market share in 2019, contributing to more than half of the global hydroxychloroquine market, and is estimated to maintain its leadership status during the forecast period. This is due to its efficacy in diagnosis, prevention, cure, treatment, and mitigation purposes. However, the tablet segment is projected to manifest the fastest CAGR of 8.4% from 2020 to 2027, owing to ease in availability and cost-effectiveness.

The malaria segment to maintain its highest contribution throughout the forecast period:

Based on disease, the malaria segment held more than two-fifths of the total market share of the global hydroxychloroquine market in 2019, and is estimated to maintain its highest contribution throughout the forecast period. Moreover, this segment is expected to witness the fastest CAGR of 29.8% from 2020 to 2027. This is attributed to rise in prevalence of malaria in the African region and widespread usage as an anti-malarial drug. The report also analyzes segments including rheumatoid arthritis, lupus erythematosus, coronavirus, and others.

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Asia-Pacific to offer lucrative opportunities, North America to grow steadily:

Based on region, Asia-Pacific held the largest market share of more than four-fifths of the global hydroxychloroquine market in 2019, and is expected to maintain its lead position during the forecast period. Moreover, this region is expected to register the highest CAGR of 8.2% from 2020 to 2027. This is due to presence of major market players in countries such as India and China and increase in demand for the medication with high incidence of malaria in South-east Asian countries. However, North America would grow at a CAGR of 4.4% during the forecast period.

Market players grabbing the largest pie:

• Cadila Healthcare Ltd.

• Hikma Pharmaceuticals PLC

• Ipca Laboratories Ltd.

• Mylan N.V.

• Novartis AG

• Pfizer Inc.

• Sanofi S.A.

• Taj Pharmaceuticals Ltd.

• Teva Pharmaceutical Industries Ltd.

• Torrent Pharmaceuticals Ltd.

• Zydus Cadila

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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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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.