A Market Place Research – Page 1709

Hair Straightener Market Size is Estimated to Reach $861.1 Million by 2026, Growing a CAGR of 4.9% From 2019 to 2026

Allied Market Research published a new report, titled, “Global Hair Straightener Market by Nature, End User and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,”. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

The global hair straightener market size was valued at $591.2 million in 2018, and is projected to reach $861.1 million by 2026, growing at a CAGR of 4.9% from 2019 to 2026. In 2018, Europe accounted for nearly 32.3% share of the hair straightener market.

According to a new report published by Allied Market Research titled, ” Over the past couple of decades, customers specifically millennials have been very conscious about their looks and appearance. Even when it comes to hair styling, customers are very considerate about maintaining it for a longer duration throughout the day. This has led to demand for different types of hair styling products such as hair dryer, flat irons, hair sprays and other such. Hair straightener is one such hair styling product that has been gaining higher level of traction among its target customers. Thus key features and functionalities of the products would be an influential factors even in hair straightener market forecast.

The feature of digitalization has been enduring its applications in various segments of cosmetic industry. Products such as hair trimmer, hair combs are now available in digital formats making it much more convenient for its target customers to use. Taking in consideration of the convenience factor, manufacturers are now availing hair straightener in digital formats. For instance, U.S. based Cosmetics Company, Revlon have come up with hair straightener products that facilitates digital heat display enabling the user to set the temperature as per their requirements. The convenience factor plays an important role in driving the demand for any consumer goods products.

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Some of the key manufacturers in hair straightener market, have been strategizing on coming up with products that are convenient to use for its target customers. For instance, HSI Professionals, K-salons have come up with cordless hair straightener that have comparatively higher rate of durability. Thus convenience factor is an influential hair straightener market trend in the current scenario.

Innovation has been one of the key factors in driving the global hair straightener market growth in terms of value sales. Taking in consideration of customers’ requirement and needs, manufacturers have been continuously evolving their product offerings. For instance, Remington, one of the key players in global hair straightener market, have come up with suspended plate system as an alternative option to usual rigid plates such ceramic, Teflon, tourmaline and other such. Such product would provide easy and smooth stroke making maximum contact with hair strands. This would provide much positive results than traditional hair straighteners.

The global Hair Straightener market analysis is segmented on the basis of plate type, end use, distribution channel and region. Based on plate type, the market is classified into ceramics, titanium, tourmaline and others. By end use, the market is segmented into household and commercial. By distribution channel the market is divided into online and offline. Based on region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA).

Key Findings of the Hair Straightener Market :

• In 2018, based on plate type, the ceramic segment accounted for around higher value hair straightener market share, growing at a CAGR of 4.4% from 2019 to 2026.
• Key players profiled in the hair straightener industry include Koninklijke Philips N.V., Panasonic, Spectrum Brands, Inc., Conair Group Ltd., Cortex USA Inc., Bio Ionic, Helen of Troy limited, IZUTECH, Turbo Ion, Inc., Carmen and other such.
• In 2018, based on end user, the household segment accounted higher value share.
• In 2018, based on region, Europe accounted for a prominent market hair straightener market share.

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Golf Clothing Market Analysis By Growth Rate, Opportunities, Top Key Players and Forecast Assessment, 2021-2030

According to a new report published by Allied Market Research, titled, “Golf Clothing Market by Product Type (Top Wear and Bottom Wear), End User (Men, Women and Kids), and Distribution Channel (Specialty store, Franchise Store, Online Store and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.”

The global golf clothing market size was valued at $834.1 million in 2020, and is projected to reach $1,554.3 million by 2030, registering a CAGR of 6.0% from 2021 to 2030. The emerging countries of the Asia-Pacific region such as India and China, offer lucrative opportunities to the players in the market.

The golf clothing market segments are categorized into product type, end user, distribution channel and region.

Emergence of trend of golf tourism, surge in fitness consciousness among consumers, and trend for fashionable sports apparel drive the growth of the global golf clothing market. North America contributed to the highest share in terms of revenue in 2020, and is estimated to maintain its lead position by 2030. Manufacturing activities of golf clothing halted due to lockdown implementations across various countries during the Covid-19 pandemic.

By product type, the bottom wear segment is expected to be the fastest growing segment during the forecast period. This is attributable to the increase in number of participations in sports tournaments and physical activities, especially golf. Thus, consumers in the countries such as the U.S., Canada, Australia, and others, are increasingly spending on sport apparels, including bottom wear, which aid them to perform well in the sports, as they improve mobility.

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Depending on user, the women segment is anticipated to grow at a higher CAGR during the golf clothing market forecast period, due to the fact that nowadays women all around the globe are increasingly participating in various sports activities including golf, which in turn is expected to offer immense opportunities for the growth of the golf clothing market during the forecast period.

On the basis of distribution channel, the online store segment is anticipated to register the fastest growth, as users are more inclining toward online shopping due to easy accessibility of different sports apparel. Heavy discounts and offers on sporting goods, apparels, including golf clothing provided by these online platforms boosts the sales of golf clothing in the market.

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest golf clothing market share in 2020. Consumers in the region are increasingly participating in golf, especially in the U.S., which in turn has driven the demand for golf clothing in this region. This in turn has propelled the growth of golf clothing market in North America. However, Asia-Pacific is expected to be the fastest growing market during the forecast period.

The sports sector was severely affected during the outbreak of the COVID-19 pandemic. Many sports events including golf tournaments were postponed or cancelled during the outbreak, which hampered the growth of the market. Moreover, sale of sportswear including golf clothing was hampered globally, as the outbreak has led to closure of sports complexes, state sports activities, stores and others. This further led to decline in participation in golf, which in turn, hampered the demand for golf clothing; thus, restricting the growth of the market in terms of value sales during the pandemic.

The key players operating in the golf clothing industry include:

• Adidas Ag
• Asics Corporation
• Brooks Running Company
• Fila Holding Corporation
• Li Ning Company Limited
• New Balance Inc.
• Nike Inc.
• Puma Se
• Skechers USA Inc
• Under Armour Inc.

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Key Benefits For Stakeholders

• This report provides a quantitative analysis of the current golf clothing market trends, estimations, and dynamics of the golf clothing for the period of 2020-2030 to identify the prevailing golf clothing market opportunities.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
• Major countries in all the four regions have been mapped according to their revenue contribution to the industry.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of market players.

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U.S. Home Furniture and Bedding Market Analysis By Growth Rate, Opportunities and Forecast Assessment, 2021-2027

According to a new report, U.S. Home Furniture and Bedding Market by Product Type and Sales Channel: Opportunity Analysis and Industry Forecast, 2021-2027. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

The U.S. home furniture and bedding market size is expected to reach $183,489.52 million by 2027, registering a CAGR of 3.07% from 2021 to 2027.

The U.S. home furniture and bedding market is segmented into product type and sales channel. On the basis of product type, the market is categorized into sofa, bed, chair, cupboard, and others. By sales channel, it is segregated into online and offline. According to U.S. home furniture and bedding market analysis, on the basis of product type, the cupboards segment was valued at $11,538.66 million in 2019, and is projected to reach $18,807.68 million by 2027, registering a CAGR of 6.05% from 2021 to 2027.

This is attributed to increase in spending power of consumers, improvement in lifestyle, and launch of innovative cupboards with elegant designs are expected to increase their demand. Furthermore, increase in preference toward smaller homes and apartments due to hike in land prices & rents is likely to boost the demand for customized cupboards.

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According to U.S. home furniture and bedding market forecast and trends, on the basis of sales channel, the online segment is estimated to reach $88,662.14 million by 2027, exhibiting at a CAGR of 3.06%, due to increase in adoption of various online portals for furniture shopping and rise in number of offers or discounts provided by these sites, which attracts a large consumer base to purchase home furniture through online channels. Moreover, online sales channels have increased consumer reach, owing to which it has evolved as a key source of revenue for many companies.

Furthermore, the online sales market is expected to expand in the future, owing to rapid adoption of the e-commerce platform by consumers and furniture manufacturing and retail companies and technical improvements in online selling platforms such as chatbots, voice assistants, augmented & virtual reality, blockchain technology, and drones & droids. For instance, chatbots is new virtual support service drones & droids are next level delivery systems.

However, increase in cost of raw material owing to stringent laws and conditions imposed by the U.S. government under State Forestry Laws, is likely to hinder the U.S. home furniture and bedding market growth during the forecast period.

Forestry Law relates to all statutes and regulations that deal with the preservation of forests and parks, Forestry Law relates to all statutes and regulations that deal with the preservation of forests and parks, reforestation activities to ensure the sustainability of the nation’s lands, and the prevention of illegal logging activities. These laws derive from both federal and state sources. Other than wood as raw material for furniture, steel, glass, plastic and fiber has been gaining considerable traction among the people owing to benefits associated such as long durability, more aesthetic appearance and environment friendly.

The players operating in the U.S. home furniture and bedding industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market.

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The players operating in the U.S. home furniture and bedding market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Steelcase, HNI Corporation, Herman Miller, Sleep Number Corporation, La-Z-Boy Inc., Tempur Sealy International, Inc., Serta Simmons Bedding, LLC, Sauder Woodworking Company, Ashley Furniture Industries, and Hooker Furniture Corporation.

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Bakery Processing Equipment Market Projected to Reach $18.7 Billion in 2026 | By Product Type, Application

According to the report, the global bakery processing equipment industry was estimated at $11.4 billion in 2018, and is expected to hit $18.7 billion by 2026, registering a CAGR of 6.7% during the forecast period, 2019–2026.

Drivers, restraints and opportunities-

Fast paced lifestyle of consumers looking out for convenient food products, and high-end technological innovations fuel the growth of the global bakery processing equipment market. On the other hand, stringent government regulations and international quality standards curb the growth to some extent. Nevertheless, increase in demand for bakery products in the developing regions is expected to create a number of opportunities in the industry.

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The ovens and proofers segment to lead the trail till 2026-

Based on product type, the ovens and proofers segment held the major share in 2018, generating nearly two-fifths of the global bakery processing equipment market. Wide range of bakery ovens are manufactured and designed using advanced technology and research that assure low fuel consumption, affordable prices, excellent volume, shine, texture, and crust. This factor has fueled the growth of the segment. The sheeters and molders segment, on the other hand, would grow at the fastest CAGR of 8.6% throughout the forecast period. Sheeters & molders influence the final shape and length of the dough piece which, in turn, propels the segment growth.

The bread segment to dominate during the estimated period-

Based on application, the bread segment accounted for nearly two-fifths of the global bakery processing equipment market share in 2018, and is expected to retain its dominance by the end of 2026. Surge in demand for bread from food service sector as well as the retail segment drives the growth of the segment. Simultaneously, the cookies and biscuits segment would register the fastest CAGR of 9.0% during the study period. This is due to increase in demand for cakes & pastries, and rise in initiatives for new product launches.

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Asia-Pacific, followed by Europe and North America, to maintain its top status during the study period-

Based on geography, Asia-Pacific, followed by Europe and North America, contributed to more than one-third of the global bakery processing equipment market revenue in 2018, and is projected to rule the roost till 2026. The same region is also expected to register the fastest CAGR of 7.8% throughout the estimated period. With most of the major players in the industry stressing on the innovation factor in the view of coming up with unique product type that meets the varying needs and requirements of its target customers, the Asia-Pacific market has got a strong boost.

Leading players in the market-

BUHLER AG
Paul Mueller Company
GEA Group Aktiengesellschaft
Welbilt Inc.
EUROASIA FOOD EQUIPMENT SDN BHD
Ali Group Srl
Breville Group
The Middleby Corporation
JBT Corporation
Heat and Control, Inc.

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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. 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.

Web Services Cloud Market | Key Insights, Major Players, Share Analysis and Prospect 2025

The increase in storage requirement of various industries, moreover, the need for the disaster recovery along with optimizing operational performance and reliability are key growth factors for the web service cloud market. However, huge investment along with security and privacy concerns.

In addition, migration from legacy systems are factors restraining the growth for the market. The smartphone revolution, implantation of big data technologies is opportunistic for the market.

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The web service cloud market is segmented by mode of deployment and mode of service. The mode of deployment is segmented into public cloud, private cloud.

The mode of service is segmented into infrastructure as a service, platform as a service and software as a service Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The web services cloud market is dominated by key players that includes Atlantic.net, Amazon Web Services, Google Cloud Platform, IBM Cloud, Rackspace, 1&1, VMware, DigitalOcean, Oracle Cloud and CloudSigma.

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Key Benefits of Web Services Cloud Market Study:

The study provides an in-depth analysis of the web service cloud market and current & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the radio market from 2017 to 2023 is provided to determine the market potential.

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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. 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

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Security Gateway Market 2022 Growth Drivers and Future Outlook | Dell Inc., Trend Micro Inc, Intel Corp., Microsoft Corp.

Increased number of cyber-attacks and online threats, increased number of data leakage activities, growing demand for robust security majorly drives the growth of the security gateway market.

In addition, rise in adoption of security gateway solutions among the end users due to its numerous benefits such as full protection of web browsing, easy and transparent deployment, detection and prevention of risk situations, continuous update and others further fuels the growth of the market.

However, lack of awareness about secure web gateway solutions restrains the growth of the market. However, increasing adoption of cloud-based security solutions is opportunistic for the security gateway market.

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COVID-19 scenario Analysis:

The emergence of COVID-19 pandemic has severely affected almost all industries across the world. Further, lockdown enforcements and restrictions on movements of non-essential goods as well as resources in various countries has disrupted the supply chain of electronic components & networking equipment.
It is expected that the U.S. and global tech market growth is slowing down to nearly 2% in 2020, due to which ICT spending in major economies such as the U.S. have declined in the first half of 2020, but it is expected to recover in the second half.
In addition, there is a notable ramp-up in technologies such as work-from-home infrastructure, collaboration tools, virtualization infrastructure, VPN networking, mobile devices, security, desktop support and zoom during the COVID-19. Interest for video conferencing solution is surging during the crisis. This generates large amount of data and will require high end technologies to analyze.
Furthermore, there are strong indications that the current decrease in demand for technology and digital solutions will be just a short-term phenomenon. In the medium-to-long run the COVID-19 technology impact may be extremely positive. Everyone is forced to embrace new technologies and discover their benefits. Additional investments in digital infrastructure can be expected.

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Secure web gateway inspects web traffic in real time. It analyzes content against cooperate policies and also ensure that any content which is inappropriate or contravenes company policies should be blocked.

In addition to this, it also allows administrators to enforce common security policy templates and also configure policies that are suited to their business model or compliance requirements which makes it one of the key driving factors of this security gateway market.

Many organizations are able to see benefits of cloud delivered security as compared to on–premise solutions. Cloud security offers numerous benefits such as low latency, high performance, and improved productivity. As a result, it is expected that new gateway security rollouts will be in the cloud.

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Key benefits of the report:

This study presents the analytical depiction of the global security gateway 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 detailed analysis of global security gateway market share.
The current market is quantitatively analyzed from 2019 to 2027 to highlight the global security gateway market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the security gateway market.
The report provides detailed security gateway market analysis based on competitive intensity and how the competition will take shape in coming years.

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Data Classification Market – Qualitative Insights on Application & Outlook by Future Growth by 2029

Rise in technological advancements and favorable government regulations in developed countries boost the data classification market growth. In addition, growth in malware attacks and surge in adoption of data classification solutions by industry verticals is anticipated to supplement the market growth.

However, lack of technical expertise and data standardization issues hamper the market growth. Furthermore, increase in adoption of internet of things (IoT) and mobile-based applications is expected to provide lucrative opportunities for the global data classification market.

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Rise in cyber threats at an unprecedented pace has been a crucial concern for business organizations and for personal computer users. In recent years, there is a rise of cyber-attacks, owing to the surge in internet of things and mobile based apps.

Businesses are facing data security threats as they have to deal with storing, shifting, migrating, and outsourcing their user data on open source platforms.

In developing economies such as India, Brazil, and China, organizations are more vulnerable to cyber and malware attacks, which encourages them to invest in data classification services. This, in turn, boosts the market growth.

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Companies are also making strategies and opting for organic and inorganic ways like mergers, acquisitions, and partnerships to sustain in the market. For Instance, Seclore introduced advanced email encryption solution, which is compatible with Microsoft Office and 365, to upgrade security, data classifications, and data loss protection features for its users.

Major players include AWS, Boldon James, Clearswift, Covata, Dataguise, Digital Guardian, Expert TechSource, Forcepoint, Google LLC, GTB Technologies, IBM Corporation, Informatica, Janusnet, Microsoft Corporation, MinerEye, Netwrix Corporation, OpenText, PKWARE, Symantec, Titus, Sienna Group, SoftWorks AI, Seclore, and Varonis.

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Key benefits of the report:

This study presents the analytical depiction of the data classification 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 detailed analysis of the market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the data classification market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed market analysis based on competitive intensity and how the competition will take shape in coming years.

Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.

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About Us:

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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Exponential Growth Predicted For Asset Management System Market During 2022-2029

Tracking and monitoring of organizations physical assets and human assets with their performance, which results in the efficient utilization of the assets drives the asset management system market growth. The high initial installation setup and maintenance cost restrain the growth of the market.

The report segments the asset management system market on the basis of solution, asset type, function, industry verticals, and geography.

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Based on solution, the market is classified into real-time location system, mobile computers, barcode, label, radio frequency identification, and others. Based on the asset type, the market is classified into manufacturing assets, electronic asset, personnel equipment, and returnable transport asset.

On the basis of function, the market is divided into location and movement tracking, repair and maintenance, and check in/check out management. Based on the industry vertical, the market is classified healthcare, public sector, retail, hospitality, industrial manufacturing, energy and utilities, and others.

Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Comprehensive competitive analysis and profiles of major market players such as Zebra Technologies Corporation, TomTom International BV, Trimble Inc., Impinj, Inc., Honeywell International Inc., Datalogic S.P.A, Ubisense Group Plc., Mojix, Inc., Sato Holdings Corporation, and Stanley Black and Decker, Inc. are also provided in this report.

Key Benefits

This report provides an extensive analysis of the current and emerging market trends and dynamics in the global asset management system market.
In-depth analysis is conducted by constructing market estimations for the key market segments between 2016 and 2023.
Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
This report entails the detailed quantitative analysis of the current market and estimations through 2016-2023, which assists to identify the prevailing market opportunities.
The projections in this report are made by analyzing the current trends and future market potential from 2016 to 2023 in terms of value and opportunities.
Level of competition within the industry and the business strategy development are analyzed using the Porters Five Forces model.

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Organic Spices Market Analysis, Growth Opportunities, Future Demand And Leading Players Updates By Forecast To 2026

According to the report, the global organic spices market generated $272.8 million in 2018 and is estimated to reach $406.6 million by 2026, growing at a CAGR of 5.1% from 2019 to 2026. The report offers a detailed analysis of the key segments, top investment pockets, changing dynamics, market size & estimations, and competitive scenario.

Rise in number of health-conscious consumers and increase in awareness regarding the health benefits associated with the consumption of organic spices are the two major factors that drive the growth of the global organic food & beverages market. On the other hand, varying and stringent trade regulation hampers the organic spices market growth. However, rise in rate of organic food consumption as well as rise in disposable income specifically in North America and Europe provide lucrative opportunity in the organic spices market forecast.

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Turmeric segment to maintain its leadership status by 2026

The turmeric segment accounted for more than one-third of the total market share in 2018 and is expected to maintain its dominance by 2026. This is due to the rise in demand for clean-label products. However, the cinnamon segment is estimated to project the fastest CAGR of 7.0% from 2018 to 2026, owing to rise in demand for organic spices from the commercial sectors specifically in the food service segment. The report also explores the ginger, clove, pepper, nutmeg, mustard seeds, and others segment.

Granular segment to maintain its dominance throughout the forecast period

The granular segment held more than one-fourth of the total market share in 2018 and will maintain its dominance throughout the forecast period. Granular form of organic spices gains its traction from the commercial sector specifically from the foodservice segment. Spices such as pepper, clove, coriander seeds are most preferably available in its granular form. Some of these organic spices are even tabletop food ingredients in the food service sector. However, the raw segment is estimated to register the highest growth rate with a CAGR of 5.7% from 2018 to 2026. The report also explores the powder and extract segment.

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Indirect segment to maintain its leadership status by 2026

The indirect segment held more than half of the total market share in 2018 and will maintain its dominance throughout the forecast period. However, the direct segment is estimated to register the highest growth rate with a CAGR of 5.2% from 2018 to 2026.

North America to grow at the fastest CAGR

The Asia-Pacific region accounted for more than one-third of the market in terms of revenue in 2018, owing to the increasing demand for organic food in Asia at 15 to 20 percent every year over the last one decade. However, the North America region is expected to grow at the highest CAGR of 5.8% during the forecast period. Rise in number of Hispanic and Asian population, a trend toward use of spices to compensate for less salt and increase in popularity of ethnic foods from Asia and Latin America, are the key potential factors that have been driving the demand for spices in North America. Moreover, North America is being considered as the dominant region for the global organic food market. The research also analyzes regions including Europe and LAMEA.

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Frontrunners of the industry

Leading market players analyzed in the research include the Pacific Spice Company, Inc., Organic Spices Inc., AKO GmbH, UK Blending LTD, Sabater Spices, The Watkins Co., Husarich GmbH, Daarnhouwer & Co, Spice Chain Corporation, and SunOpta Inc.

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Frozen Fish Market Share, Size, Industry Analysis, Demand, Growth and Research Report 2022-2029

The global frozen fish market is experiencing a significant growth, and is expected to experience growth considerably in next few years owing to the rise in demand for traditional food among consumers. It would seem reasonable to think that fresh fish is always better than frozen fish, however that may not always be true. Modern freezing system makes many of the fish in the freezer segment superior to those that are sold as fresh fish in the nearby local market. It is because a plenty of fish are now frozen immediately on the boat, just a few minutes after being caught, in flash-freezing units that keep temperatures far below the regular home freezer. As well as farm-raised fishes are frozen on the spot, as freezers are incorporated into the farm. Since more than half of the fish and sea food being consumed are imported, much of these fishes are frozen until it hits the local fish market or grocery store. Many fish labelled as “fresh” are probably frozen beforehand, and while trustworthy fishmongers often disclose this, not all fish markets do.

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COVID-19 Scenario Analysis:

The COVID-19 outbreak has caused a decline in the growth of the global industries creating a mass disruption for buyers as well as sellers. There are shutdowns of production units and markets globally which has stopped the production, sale, and marketing of the product. This has also offered an opportunity for the companies to look after their supply chain relationship and business models for the future

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

The major factor contributing toward the growth of the frozen fish market is the rise in consumption of frozen sea food products in the domestic households. The rise in consumption of frozen fish is due to certain benefits such as price, convenience, and taste. Frozen fish is cheaper than a so-called fresh fish.
The busy lifestyle of the people and increasing number of working women has led to the rise in the demand for convenience food such as frozen fish. The long shelf life, nutritional quality and its easiness to cook has increased the demand of the frozen fish.

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The global Frozen Fish market trends are as follows:

Companies expanding their distribution channel toward online platforms

As the pandemic occurs the sale of frozen fish has declined due to the restriction of movements of general public in local market and super markets. It became necessary for the suppliers to process the unsold stock of fishes in the refrigerators so that the fish remains fresh till it does not get sold in the market. Moreover, the inclination of consumers toward online shopping has induced business firms to adopt e-commerce platforms to sale the frozen fishes.

Quality of Cold storage unit hampering the market

Powerful cold-chain infrastructure is considered profitable for frozen fish distribution however the inconsistent quality of cold storage refrigerators continues to create difficulties for the frozen fish making companies. In particular, the complex processing techniques for the production of frozen fish product is expected to challenge the future growth of the bussiness firms engaged in frozen fish market. Furthermore, the lack of uniformity in terms of using freezing temperatures, storing frozen fish products across different levels of refrigeration, and applying proper sea-food preservatives will continue to restrict the worldwide sales of frozen fish products. Prominent brands on the global frozen fish market are implementing advanced processing techniques to enhance resilience of the frozen fish product against adverse factors such as weather changes, mechanical disruption, and freezing temperature fluctuations.

Key Segments Covered:

Type

Fish Fingers

Fish Cakes

Breaded/Battered Fish

Whole Fish & Drawn Fish

Single Fillet & Butterfly Fillet

Dressed Fish

Steaks Fish

Flavoured Frozen Fish

Others

Application

Direct Consumption

Restaurants

Food Processing Factories

Others

Distribution Channel

Supermarkets & Hypermarkets

Convenience Stores

Speciality Retailers

Online

Others

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Key benefits of the report:

This study presents the analytical depiction of the global frozen fish 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 frozen fish market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global frozen fish market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global frozen fish market analysis based on competitive intensity and how the competition will take shape in coming years.

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.