A Market Place Research – Page 169

Southeast Asia Food Processing Equipment Market Size, Share, Analysis, Trends and Forecast to 2030

According to a new report published by Allied Market Research, titled, “Southeast Asia Food Processing Equipment Market by Type Industry: Opportunity Analysis and Industry Forecast, 2018 – 2025,”the Southeast Asia food processing equipment market size was valued at $993.90 million in 2017, and is projected to reach $1,434.89 million by 2025, growing at a CAGR of 4.7% from 2018 to 2025. The meat, poultry, and seafood processing equipment segment dominated the market in 2017, and accounted for about half of the market share, in terms of revenue.

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Global Key Players;

Alfa Laval AB
Auto Kinetics (M) Sdn Bhd
Baader Group
Bucher Industries AG

Buhler AG
Emura Food Machine Co., Ltd.
Euroasia Food Equipment Sdn Bhd
GEA Group AG
Gold Peg International Pty Ltd

Heat and Control Inc.

The demand for processed food has increased due to rapid change in the lifestyle of people globally. Thus, the food processing companies have upgraded the machineries, which can offer high processing capacity to meet the growth in demand. Moreover, manufacturers have focused on customer needs while maintaining the global quality standards. Furthermore, surge in demand for processed quality food is expected to be the major factor that drives the growth of the Southeast Asia food processing equipment market.

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The meat, poultry, and seafood processing equipment was dominant segment in 2017 due to the rise in meat consumption in regions such as Indonesia, Philippines, Vietnam, and Malaysia. According to Food and Agriculture Organization (FAO), consumption of meat has been growing at 5 – 6% per annum as compared to 3.4 – 3.8% for milk and dairy products during 2015 – 2020. The bakery processing equipment segment is expected to witness higher growth rate as compared to others, growing at a CAGR of 6.3% through the forecast period.

In 2017, Indonesia dominated the market due to increase in demand for food processing machines and high machinery import in 2017. Indonesia is expected to be the highest growing region during the forecast period.

Key findings of the Food Processing Machinery Market:

In 2017, Indonesia was the highest contributor to the Southeast Asia food processing equipment market in terms of market value, growing at a CAGR of 5.2% from 2018 to 2025.
In 2017, the meat, poultry, and seafood processing equipment was the highest contributor to the Southeast Asia food processing equipment market in terms of value, and is estimated to grow at a CAGR of 4.9% from 2018 to 2025.
In 2017, Indonesia and Malaysia together accounted for about half of the total Southeast Asia food processing equipment market value.
In 2017, the meat, poultry, and seafood processing equipment and beverage processing equipment accounted for more than three-fifths of the total Southeast Asia food processing equipment market value.

In 2017, Vietnam was a prominent market in the Southeast Asia food processing equipment market, and is anticipated to grow at the CAGR of 5.0% during the forecast period.

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Trending Report in the Food and Beverages Industry:

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Biostimulant Market – https://www.alliedmarketresearch.com/biostimulant-market

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Forage Seed Market – https://www.alliedmarketresearch.com/forage-seed-market

Acrylic Acid Market Global Trends, Share, Growth, Opportunity and Forecast 2021-2030

Allied Market Research recently published a report titled, “Acrylic Acid Market Derivative type (Acrylic Esters, Acrylic polymer, Others) Formulation (Water-borne Coating, Solvent-borne Coating, Solventless Coating, Powder Coating, Radiation Curable Coating) End-user (Diapers, Surface Coatings Industry, Adhesives And Sealants Industry, Plastic Additives Industry, Water Treatment Industry, Textiles Industry, Surfactants Industry, Others) Global Opportunity Analysis and Industry Forecast, 2021-2030

The global acrylic acid market size was valued at $12.0 billion in 2020, and is projected to reach $19.2 billion by 2030, growing at a CAGR of 4.8% from 2021 to 2030.

” According to the report, the recent technological advancements and launch of new products have a significant influence on growth. The report includes a detailed analysis of the market trends, major driving factors, prime market players, and top investment pockets. It is vital for new market entrants, stakeholders, and shareholders to make informed decisions about their investments. The report includes a comprehensive analysis of market dynamics such as drivers, restraints, and opportunities.

The Acrylic Acid Market report includes an analysis of the top 10 market players that are active in the market. The study includes sales, revenue analysis, and production of these companies. The prime market players are China, Japan, and South Korea, Mitsubishi Chemical Holdings Corporation, Arkema S.A., BASF SE, The Dow Chemical Co., The Lubrizol Corporation, Evonik, Industries Ag, LG Chem Ltd., Myriant Corporation, Formosa Plastic Group, SIBUR players have adopted several business strategies such as mergers & acquisitions, new product launches, partnerships, and collaborations to maintain their foothold in the market.

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The report includes an overview of the market along with a SWOT analysis of key market players and Porter’s five analyses to understand their market presence. Moreover, the report offers financial analysis, portfolio analysis, and business overview of the companies which helps stakeholders understand the long-term profitability of the industry. The report includes the latest market developments such as new product launches, partnerships, expansions, and mergers & acquisitions.

The Acrylic Acid Market study offers detailed research on driers, restraints, challenges, and opportunities in the market. In-depth knowledge about key drivers of the market helps in understanding market dynamics and how they can affect market growth. The restraints and challenges are offered in the report and are instrumental for market investments. Moreover, technological advancements and increased demand are anticipated to create new opportunities in the market. The market is anticipated to have significant growth during the forecast period.

The report covers the qualitative and quantitative study of historic and forecast periods along with insights on recent market developments and business strategies. The report offers a detailed summary, ongoing market trends, and future estimations to help new market entrants formulate profitable business strategies.

Apart from this, the report includes several tools that establish market growth. The SWOT analysis offers a detailed understanding of the key determinants of market growth, which is essential for recognizing the upcoming opportunities in the market. Moreover, the market report includes Pestle analysis that offers industry-related data and information in tabular format. This information is essential to understand positive and negative attributes that can affect the global Acrylic Acid Market. In addition, the report includes Porter’s five analyses to focus on those factors that may benefit the company in the long run.

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The global Acrylic Acid Market report outlines the upstream raw materials, marketing channels, downstream customer surveys, and industry development trends to provide detailed information about major manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.

The Acrylic Acid industry is studied on the basis of geography along with the competitive landscape in every region. The report targets North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to devise business strategies and how to react to new lucrative opportunities.

The Acrylic Acid Market report provides in-depth information on the segmentation of the market. The report includes a thorough analysis of sales, revenue, growth rate, and market shares of each segment during both the historic period and forecast period. To understand the segmentation, the report offers charts and tables as well.

The Covid-19 pandemic had an unprecedented impact on the growth of the global Acrylic Acid Market. The country-wide lockdown in Europe and Asia and ban on international travel have disrupted the supply chain and revenue chain. The report offers a detailed analysis of the Covid-19 pandemic and its effect on the growth of the global Acrylic Acid Market.

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Organic Oats Market Driving Factors Forecast Research 2032

The Global Organic Oats Market is experiencing a significant growth, and will grow considerably in next few years, owing to rising awareness about various health benefits of organic food. Organic oats is made from oats, which are certified organic and grown without the use of synthetic fertilizers and pesticides and is not a GMO oats. Oats are among the primarily consumed grains worldwide. Moreover, the organic food popularity have increased demand and organic oat production. Improvements to nutritional consistency without using any additives have created organic oats a choice of customers. Organic oats come in different types in market such as rolled out oats, oats flour, oats bran, and steel cuts oats. Organic oats are easily available in retail stores, supermarkets, hyper markets, and through online channels.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐚𝐦𝐩𝐥𝐞 𝐰𝐢𝐭𝐡 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.alliedmarketresearch.com/request-toc-and-sample/11395

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Rising awareness of nutritional benefits of organic food is increasing the demand of organic oats. In addition, the changing lifestyle and increasing disposable income in developing countries is surging the demand for organic oats

The key drivers of organic oats market are worldwide consumption of oats coupled with increasing population. Moreover increasing health awareness among public has led to the rising consumption of organic oats and declining junk food consumption. Oats are used to make biscuits, cakes, crumpets, sauces, bread, muffins, noodles, pastries, cereal bars, sweet and savory snack foods, pasta, crackers, crisp-breads, and other confectionery food items.

In addition, the wide usage of organic oats in food & beverage industry, cosmetic & personal care industry, pharmaceutical companies, animal feed industry, and dietary supplements is supporting the market to remain profitable in coming years.

The global organic oats market trends are as follows:

New product launches to flourish the market.

The leading players are launching new products of organic oats in the market. To serve the rising demand of organic oats and to cater to the health-conscious consumers, companies are coming up with new organic products with increased nutritional content such as gluten-free organic oats. For instance, for instance, in October 2019, Raised Real, which is a U.S.-based baby food provider company, introduced a breakfast oatmeal that includes organic oats ingredients.

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Key Benefits of the Report:

This study presents the analytical depiction of the global organic oats industry along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global organic oats market share.

The current market is quantitatively analyzed to highlight the global organic oats market growth scenario.

Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

The report provides a detailed global organic oats market analysis depending on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Organic oats Market Research Report:

Which are the leading players active in the organic oats market?

What are the current trends that will influence the market in the next few years?

What are the driving factors, restraints, and opportunities of the market?

What future projections would help in taking further strategic steps?

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Chitosan Market Global Trends, Share, Growth, Opportunity and Forecast 2020-2027

Allied Market Research recently published a report titled, “Chitosan Market SOURCE (Shrimp, Squid, Crab, Krill, Others) APPLICATION (Water treatment, Biomedical & Pharmaceutical, Cosmetics, Food and Beverage, Others) Global Opportunity Analysis and Industry Forecast, 2020-2027

The global chitosan market size was valued at $1.7 billion in 2019, and is projected to reach $4.7 billion by 2027, growing at a CAGR of 14.5% from 2020 to 2027.

The Chitosan Market report includes an analysis of the top 10 market players that are active in the market. The study includes sales, revenue analysis, and production of these companies. The prime market players are China, Japan, and South Korea, AGRATECH INTERNATIONAL, INC, HEPPE MEDICAL CHITOSAN GMBH, KITOZYME S.A, NOVAMATRIX, ADVANCED BIOPOLYMERS AS, Qingdao Yunzhou Biochemistry Co., Ltd, PANVO ORGANICS PVT LTD, GOLDEN-SHELL PHARMACEUTICAL CO. LTD, G.T.C. BIO CORPORATION, PRIMEX EHF players have adopted several business strategies such as mergers & acquisitions, new product launches, partnerships, and collaborations to maintain their foothold in the market.

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The Chitosan Market study offers detailed research on driers, restraints, challenges, and opportunities in the market. In-depth knowledge about key drivers of the market helps in understanding market dynamics and how they can affect market growth. The restraints and challenges are offered in the report and are instrumental for market investments. Moreover, technological advancements and increased demand are anticipated to create new opportunities in the market. The market is anticipated to have significant growth during the forecast period.

Apart from this, the report includes several tools that establish market growth. The SWOT analysis offers a detailed understanding of the key determinants of market growth, which is essential for recognizing the upcoming opportunities in the market. Moreover, the market report includes Pestle analysis that offers industry-related data and information in tabular format. This information is essential to understand positive and negative attributes that can affect the global Chitosan Market. In addition, the report includes Porter’s five analyses to focus on those factors that may benefit the company in the long run.

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The global Chitosan Market report outlines the upstream raw materials, marketing channels, downstream customer surveys, and industry development trends to provide detailed information about major manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.

The Chitosan industry is studied on the basis of geography along with the competitive landscape in every region. The report targets North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to devise business strategies and how to react to new lucrative opportunities.

The Chitosan Market report provides in-depth information on the segmentation of the market. The report includes a thorough analysis of sales, revenue, growth rate, and market shares of each segment during both the historic period and forecast period. To understand the segmentation, the report offers charts and tables as well.

The Covid-19 pandemic had an unprecedented impact on the growth of the global Chitosan Market. The country-wide lockdown in Europe and Asia and ban on international travel have disrupted the supply chain and revenue chain. The report offers a detailed analysis of the Covid-19 pandemic and its effect on the growth of the global Chitosan Market.

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U.S. and Europe polyphenol Market 2025 | Size, Share, Growth, Trends and Opportunities

According to a new report published by Allied Market Research, titled, U.S. and Europe Polyphenol Market: Opportunity Analysis and Industry Forecast, 20182025, The U.S. and Europe polyphenol market is projected to reach $584,907 million by 2025, registering a CAGR of 5.0% and a market volume of 17,892 tons, with a CAGR of 7.7% from 2018 to 2025. The grape seed segment dominated the U.S. and Europe polyphenol market and is expected to exhibit a steady growth rate during the forecast period.

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Global Key Players;

Amax NutraSource, Inc.

Cargill Inc.
Koninklijke Dsm N.V.,
Futureceuticals, Inc.,
Glanbia Nutritionals, Inc.,
NOF America Corporation

Naturex S.A.,
Indena S.P.A.
Swanson Health Products,
Berkem

Increase in applications of polyphenols in functional beverages, functional foods, and dietary supplements is expected to fuel the market growth in future. Moreover, the rise in demand for polyphenols in cosmetics and as coloring agents is also expected to drive the growth of the market. The preference of polyphenols extracted from herbal products has increased over the years as they have no side effects. Manufacturers have been engaged in improving the product portfolio in terms of functional characteristics and offering the same at competitive prices to gain edge over the competitors. This increase in preference majorly drives the growth of the U.S and Europe polyphenol industry.

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The grapeseed was a dominant segment in 2017. The leaves and seeds of grape are used for the treatment of different diseases since the ancient time. Grape seed extract is used as a remedy for a number of health conditions due to the presence of anti-oxidant polyphenols and high macro and micro nutritional value. The grape seed extract experiences growth due to its antioxidant and antiaging properties along with the increase in demand from personal care and skin care market.

The functional beverage segment was the highest contributor to the U.S. and Europe polyphenols market and is estimated to grow at a notable CAGR from 2018 to 2025. The steady growth is attributed to the increase in adoption of plant based diet as well as convenience and high nutritional content of functional beverages of the traditional beverages.

In 2017, Europe dominated the market rise in knowledge about health and adoption of convenient sources of nutrition resulting in increased usage of supplements, functional food, and beverages, which drives the market for polyphenol in Europe. However, the U.S. market is expected to grow at a higher CAGR owing to the growth in preference of functional and herbal products among the population in the U.S.

Key findings of the study

In 2017, Europe polyphenol market share was the highest in terms of market value, growing at a CAGR of 4.9% from 2018 to 2025.
In 2017, the grapeseed segment was the largest contributor to the market in terms of value, and is estimated to grow at a CAGR of 4.9% from 2018 to 2025.
In 2017, passion fruit was the fastest growing segment in the polyphenol market valued at $3,276 and growing at a CAGR of 6.7%.

In 2017, the functional beverages segment was the largest contributor to the market in terms of value, and is estimated to grow at a CAGR of 5.4% from 2018 to 2025.
In 2017, the U.S. was a prominent contributor to the polyphenol market, and is anticipated to grow at the CAGR of 5.2% through the forecast period.

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Bluetooth 5.0 Market to Hit $11.7 Bn, Globally, by 2031 at 10.9% CAGR: Allied Market Research

Rise in demand for audio devices, investments in sensing technology, and growing dependency on dual audio streaming drive the growth of the global Bluetooth 5.0 market. On the contrary, reduction in battery life of portable, digital devices and the unavailability of proper data pack transmitting hamper the market growth. However, rise in adoption of quality Bluetooth technology services and development in wireless technology would open new opportunities in the future.

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Covid-19 scenario:

► The Covid-19 pandemic significantly affected the market, due to lack of skilled workforce, delay or cancelation of products, and prolonged lockdowns across the European and Asian countries.

► On the other hand, increase in demand for online network connectivity and audio and visual streaming boosted the market growth.

By offering, the hardware segment held the largest share in 2021, accounting for nearly two-fifths of the global Bluetooth 5.0 market. However, the services segment is expected to register the highest CAGR of 11.3% during the forecast period. Bluetooth 5.0 services supervise constructive effective secure, reliable, and trustworthy systems as well as, reducing hardware and manual data collection costs. Therefore, Bluetooth 5.0 services aid the operational efficiency of various end-users.

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By organization size, the SMEs segment would showcase the highest CAGR of 13.0% from 2022 to 2031. SMEs typically have constrained cash resources, internal IT skills, and resources. Every small and medium-sized firm (SME) is primarily concerned with making a profit and staying in operation for the long term. However, the large enterprises segment held the largest share in 2021, contributing to more than three-fourths of the global Bluetooth 5.0 market. These businesses are looking at novel approaches to successfully improve their processes. They make investments to deploy Bluetooth 5.0, which allows companies to wireless communicate, automate and navigate in short-range and long-ranges.

By application, the audio streaming segment is projected to manifest the highest 12.4% during the forecast period. However, the data transfer segment held the largest share in 2021, accounting for nearly two-fifths of the global Bluetooth 5.0 market. This is because Bluetooth 5.0 revolutionized audio and has forever changed the way humans consume media and experience the world.

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By region, the global Bluetooth 5.0 market across Asia-Pacific held the largest share in 2021, accounting for nearly two-fifths of the market. In addition, the region is expected to register the highest CAGR of 11.8% during the forecast period. China and India are the emerging markets as enterprises in this region are advancing technologies at a faster rate, which drives the market growth.

Major market players

► Broadcom Inc.

► Infineon Technologies AG

► Microchip Technology Inc.

► Nordic Semiconductor

► NXP Semiconductors

► Qualcomm Technologies, Inc.

► Realtek Semiconductor Corp.

► Silicon Laboratories, Inc.

► STMicroelectronics

► Texas Instruments Incorporated.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies.

This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Carmine Market Research Report, 2030 | Size, Share, Growth, Trends and Forecast

According to a new report published by Allied Market Research, titled, “Carmine Market by Form, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”the global carmine market size was $33.9 million in 2017, and is projected to reach $57.5 million in 2025, registering a CAGR of 6.7% from 2018 to 2025. The powder form segment accounted for maximum share in 2017. Carmine is a dye majorly used for coloring food products and galenicals. It is also used in inks. This natural colorant Carmine is the purified form of a colorant known as cochineal. It is derived from the shell of the female cochineal insect (Dactylopius coccus Costa). Cochineal and its derivatives come from the bodies of female cochineal beetles. The carmine industry offers wide range of applications in cosmetics, pharmaceutical coatings, cake icings, fillings, and hard candy, icings, yogurt, gelatin dessert, alcoholic beverages, bakery products, and cosmetics.

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The Key Players:

Amerilure,
The Hershey Company,
DDW The Color House,
Sensient Colors LLC,
Proquimac, Chr.

Hansen Holding A/S,
Naturex, colorMaker, Inc.,
Biocon,
Roha.

In 2017, the dairy & frozen products segment dominated the global carmine market, accounting for $12.49 million, and is expected to grow at a notable CAGR of 7.5% during the forecast period. This is attributed due to major use in dairy products such as drinking yogurt, chocolate milk, eggnog, and whey-based drinks. The segment is also estimated to witness a healthy growth rate in the future.

The cosmetics segment is estimated to be the fastest growing segment in the application segment during the forecast period. Carmine in cosmetics is mostly used to add color vibrancy and shade intensity to makeup. In cosmetics, it is used as natural color for personal care application, makeup application, and coloring cosmetic formulas. The increase in consumption of cosmetics and personal care products by majority of women worldwide is anticipated to drive the global carmine market in future.

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In 2017, by end users, the food processing companies acquired the maximum market share of 34.1owing to rise in need for natural carmine extracts for processed food and surge in health consciousness among the people globally.

The cosmetics and pharmaceutical industry is anticipated to grow with the highest CAGR of 8.4% during the forecast period (2018-2025).

By form, the powder segment dominated the overall market with 61.2% share and is expected to grow at a CAGR of 7.1% during the forecast period.

Based on region, Asia-Pacific is expected to witness the highest growth rate of 8.1% during the forecast period, owing to improvement in lifestyle, rise in health awareness, and development in regulatory framework.

Key Findings of the Carmine Market:

Based on region, Asia-Pacific is anticipated to lead the carmine market in 2025, growing at a CAGR of 8.1%, in terms of value.
In 2017, based on form, the powder segment occupied nearly 61% of the carmine market share.
In 2017, based on application, the dairy & frozen products segment dominated the global market and is expected to grow at a CAGR of 7.5% during the forecast period.

In 2017, based on end user, the food processing companies segment occupied around 34.1% of the carmine market size.

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Extended Reality Market to Reach $446.6 Billion, Globally, by 2031 at 30.1% CAGR: Allied Market Research

Factors such as increasing investments in extended reality and Increasing adoption of XR in healthcare industry primarily drive growth of the extended reality market. However, immoderate use of XR device has negative health effects and worldwide economic downturn because of COVID-19 hamper market growth to some extent. Moreover, continuous 5G technology advancements are expected to provide lucrative opportunities for market growth during the forecast period.

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Covid-19 scenario:

► Various countries across the globe are adopting ROS for the healthcare sector to train their future doctors and students for fighting the COVID-19 pandemic.

► Rise in number of patients across the globe have led to a significant increase in the adoption of extended reality market, owing to the closing of work places and upsurge in the use of virtual reality in different sector such as manufacturing, retail, and healthcare.

► However, rise in organic growth strategies by the major key players has helped the market recover post-pandemic.

By component, the hardware segment held the major share in 2021, garnering around half of the global extended reality market revenue. The software segment would also showcase the fastest CAGR of 31.9% during the forecast period. Rise in enterprises who are investing heavily on the hardware to provide personalized XR experience and improvising the designs as per changing demands across the globe., thus driving the segment growth.

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By technology, the virtual reality (VR) contributed to the highest share in 2021, accounting for around one-third of the global extended reality market revenue. The augmented reality (AR) segment would also showcase the fastest CAGR of 31.8% throughout the forecast period. Need of VR technology for frequently on high-quality video and rendering and extremely low latency in order to make these experiences conceivable (and also seamless) for the end-user, thus driving the segment growth.

By end user, the gaming segment accounted for nearly two-fifth of the global extended reality market share in 2021, and is expected to rule the roost by 2031. The retail segment would also display the fastest CAGR of 33.3% throughout the forecast period, owing to rise in improving the shopping experience and numerous tempting applications for augmented reality in fashion has a positive impact on productivity and economic and social development drive growth of the market.

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By region, North America garnered the highest share in 2021, holding nearly one-third of the global extended reality market revenue in 2021, and is projected to retain its dominance by 2031. The Asia-Pacific region would also portray the fastest CAGR of 32.4% during the forecast period. The increased use of smartphones and other connected devices in gaming, media and entertainment, healthcare, and other sectors aiding the growth of North America extended reality market.

Leading Market Players:

► Accenture PLC

► Qualcomm Incorporated

► Adobe Inc.

► Alphabet Inc.

► Microsoft Corporation

► HTC Corporation

► Softserve Inc.

► Unity Technologies

► Sony Corporation

► Facebook

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Commuter Rail and Bus Services Market Product Development Strategies by Prominent Players

The commuter rail and public bus services market includes sales of commuter rail and public bus services and related goods by entities (organizations, sole traders, and partnerships) that operate local and suburban ground passenger transit systems using more than one mode of transport over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas., The demand for commuter rail and bus services has increased in recent years due to industrialization and urbanization. Rail and bus services are available to the general public and primarily operate in regional and local commuter transportation with regular routes, fixed schedules, and charge a posted fee for each trip. Many bus service providers are introducing hybrid buses to minimizes carbon emissions. Buses are generally powered using diesel which emits CO2 emissions into the environment. Hybrid buses, on the contrary, utilize alternative fuel and do not require heavy investment like electric buses. A hybrid bus is powered by two alternate fuels or fuel along with electricity, diesel-natural gas, or diesel-electric. Furthermore, these buses provide a quieter experience and reduced maintenance costs. According to research by the Environmental and Energy Study Institute, hybrid busses provided about 40% improvement in fuel efficiency in comparison to standard diesel coach and nearly 90% improvement over compressed natural gas buses.

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COVID-19 Impact Analysis

The outbreak of Coronavirus disease (COVID-19) has served as a significant restraint on the commuter rail and public bus services market in 2020 as governments implemented lockdowns and limited movement of people and goods to contain the transmission. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was discovered in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a drop-in economic activity with countries entering a state of ‘lock down’ and the outbreak is expected to continue to hinder businesses . After easing lockdown restrictions, the world is gradually returning back to a normal pace with the new permanent changes in society. Transportation has begun partially across the globe with stringent restrictions such as passenger limit and maintenance of social distancing. Thus, the COVID-19 outbreak has a significant impact on the overall commuter rail and bus services market, owing to a decrease in ridership and health concerns of passengers.

Top Impacting Factors
Rail & bus transport is a means of reducing traffic congestion, rise in urban population, and initiatives by governments to improve public transport infrastructure drive the growth of the market.
Requirement of high capital investment to improve existing transport, and security of passenger hinder the growth of the market.
Rapid rate of economic reforms, and increase in demand for comfort and safety act as an opportunity for the market investments.

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The Global Commuter Rail and Bus Services Market Trends are as Follows:

Rail & Bus Transport is a Means of Reducing Traffic Congestion

Growth in urbanization in almost every country across the globe has increased the traffic in every developed city. Therefore, governments have encouraged individuals to use public transport for daily travel, thereby strengthening the means of transportation for shorter distances. An increase in awareness among people for the environment has also motivated them to use public transportation or shared mobility. Thus, driving the growth of the market.

Increase in Demand for Comfort and Safety

People all across the globe are willing to spend more to save time, the security provided, and the facilities they receive. While traveling the passengers are expecting good services all across the globe. Manufacturers of light rail are innovating new designs to fulfill increased demand for comfort & safety. Therefore, this is expected to boost the growth of the market over the forecast period.

Key Benefits of the Report:

This study presents the analytical depiction of the commuter rail and bus services market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with challenges of the commuter rail and bus services market.
The current market is quantitatively analyzed to highlight the growth scenario of the commuter rail and bus services market.
The report provides a detailed commuter rail and bus services market analysis based on competitive intensity and the competition that will take shape in coming years.

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Questions Answered in the Commuter Rail and Bus Services Market Research Report:

Who are the leading market players active in the commuter rail and bus services market?
What would be the detailed impact of COVID-19 on the market?
What are the current trends that would influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the commuter rail and bus services market?
What are the future projections that would help in taking further strategic steps?

Commuter Rail and Bus Services Market Report Highlights

Aspects	Details
By Application	CityRural
By Propulsion	ElectricGasolineNatural GasDieselHybrid
By Ownership	Private OwnedPublic Owned
By End User	IntracityIntercityOthers
By Region	North America (U.S, Canada, Mexico)Europe (Germany, France, UK, Italy, Rest of Europe)Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)LAMEA (Latin America, Middle East, Africa)
Key Market Players	Digigroup, GMV, Grupo Etra., Bay Area Rapid Transit, GIRO, Cubic Transportation Systems, Goal System, Consat, Cosmatis, Chicago Transit Authority

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Octyl Salicylate Market Leading Global Companies and Regional Average Pricing Analysis by 2031

Octyl Salicylate Market, Octyl Salicylate Industry, Octyl Salicylate Market Size, Octyl Salicylate Market Share, Octyl Salicylate Market Growth, Octyl Salicylate Market Analysis, Octyl Salicylate Market Forecast, Octyl Salicylate Market Trend

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The report includes an overview of the market along with a SWOT analysis of key market players and Porter’s Five analysis to understand their market presence. Moreover, the report offers financial analysis, portfolio analysis, and business overview of the companies which helps stakeholders understand the long-term profitability of the industry. The report includes the latest market developments such as new product launches, partnerships, expansions, and mergers & acquisitions.

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The global Octyl Salicylate market report outlines the upstream raw materials, marketing channels, downstream customer surveys, and industry development trends to provide detailed information about major manufacturing equipment suppliers, major distributors, raw materials suppliers, and major customers.

The Octyl Salicylate industry is studied on the basis of geography along with the competitive landscape in every region. The report targets North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to devise business strategies and how to react to new lucrative opportunities.

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The Octyl Salicylate market report includes an analysis of the top 10 market players that are active in the market. The study includes sales, revenue analysis, and production of these companies. The prime market players are aako, aceto corporation, clariant, ernesto ventós s.a, labdhi chemical private limited, mfci co.,ltd, otto chemie pvt ltd, prakash chemicals international private limited, rishabh metals and chemical pvt. ltd, siddharth carbochem products, tokyo chemicals, toronto research chemicals, unicorn petroleum industries pvt ltd, universal esters ltd, universal preserv-a-chem inc.. These market players have adopted several business strategies such as mergers & acquisitions, new product launches, partnerships, and collaborations to maintain their foothold in the market.

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