According to a recent report published by Allied Market Research, titled, “Automotive Advanced High Strength Steel (AHSS) Marketย by Product, Application and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2019โ2026,”ย the global Automotive AHSS market was valued at $12.80 billion in 2018, and is projected to reach $33.85 billion by 2026, registering a CAGR of 13.1% from 2019 to 2026.
Asia-Pacific dominated the market in terms of growth, followed by Europe, North America and LAMEA. China dominated the global automotive advanced high strength steel (AHSS) market share in 2018, whereas India is expected to grow at a significant rate in the market during the forecast period.
Advanced high strength steel (AHSS) are a form of complex materials produced from heating and cooling processes. Demand for steel is witnessed increasingly across the world, owing to its ductility and formability. In addition, replacement of cast iron and conventional steel components with AHSS directly reduces chassis by up to 50%, thus minimizes fuel consumption of vehicles. Hence, the adoption of lightweight steel facilitates incorporation of additional advanced emission control system, safety devices, and integrated electronic systems without hampering the overall vehicle weight. This further supplement the growth of the global automotive AHSS (advanced high-strength steel) market.
The application of AHSS in the automobile industry experiences significant growth due to its light weight and strong nature. The continuous adoption of new technologies is expected to shape the automotive sector by providing lighter vehicles and meeting fuel efficiency standards. In addition, it facilitates enhanced performance of vehicles and superior strength that is achieved with lighter and thinner materials. Implementation of stringent government regulations to reduce the emission of CO2 drives the growth of the automotive advanced high-strength steel (AHSS) market in the automobile industry.
The demand for installation of advanced high strength steel in automobiles has increased due to strict government regulations against harmful emissions as well as the need for light weight components to be used in automobile manufacturing.
Factors such as increase in vehicle production and rise in demand for lightweight automotive components drive the growth of the automotive advanced high strength steel (AHSS) market. However, factors such as availability of substitutes in the market is supposed to hamper the growth of the market. Further, factors such as continuous growth in the automotive industry and increase in need to curb CO2 emissions is expected to create numerous opportunities for the growth and expansion of the automotive AHSS (advanced high-strength steel) market.
On the basis of product, the dual phase automotive advanced high strength steel system generated the highest revenue in 2018.
On the basis of application, the structural assembly and closures segment was the highest revenue contributor in 2018.
On the basis of vehicle type, the passenger vehicle segment is the highest revenue contributor in 2018.
On the basis of region, North America contributed the highest automotive advanced high strength steel (AHSS) market revenue in 2018, followed by Asia-Pacific, Europe and LAMEA.
Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
The key players analyzed in this report are AK Steel Holding Corporation, ArcelorMittal SA, Baoshan Iron & Steel Co. Ltd., Kobe Steel Ltd., Nucor, POSCO, SSAB AB, Tata Steel Ltd., ThyssenKrupp AG, and United Steel Corporation.
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The global Continuous renal replacement therapy industry amassed a sum ofย $1.3 billionย in 2021, and is estimated to garnerย $2.6 billionย by 2031, witnessing a CAGR of 7.7% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
Drivers and Opportunities
Surge in prevalence of kidney-related diseases, demand for continuous renal replacement therapy, rise in geriatric population, and increase in technologically advanced CRRT products for pediatrics drive the growth of the global continuous renal replacement therapy market. However, high cost associated with CRRT devices and the lack of awareness regarding continuous renal replacement therapy in developing countries due to inadequate funding, poor healthcare infrastructure, insufficient human resources, and geographic distance hamper the market growth. On the other hand, rise in government initiatives for regulatory approval of CRRT offer potential opportunities for the market growth.
The COVID-19 pandemic impacted the continuous renal replacement therapy market positively, owing to a significant rise in global demand for renal replacement fluids (RRT). The early initiation of continuous renal replacement therapy (CRRT) was an important step in curbing the growing prevalence of acute kidney injury (AKI) due to the COVID-19 infection.
Owing to the surge in demand for CRRT worldwide, the market for CRRT saw an increase in financial incentives and regulatory support from various government agencies.
The pandemic also created opportunities for local manufacturers who are adopting various plans and policies to gain a higher market share.
The dialysates and replacement fluids segment to rule the roost during the forecast period
Based on product, the dialysates and replacement fluids segment was the largest market in 2021, contributing to nearly three-fifths of the global continuous renal replacement therapy market, and is expected to maintain its leadership status during the forecast period. The same segment is projected to witness the fastest CAGR of 8.1% from 2022 to 2031. This is attributed to rise in the incidence of acute kidney injury which has increased the demand for continuous renal replacement therapy.
The continuous venovenous hemofiltration (CVVH) segment to maintain its leadership status during the forecast period
Based on modality, the continuous venovenous hemofiltration (CVVH) segment held nearly one-third of the global continuous renal replacement therapy market share in 2021, and is expected to maintain its leadership status during the forecast period. CVVH is widely used to remove large volumes of fluid while avoiding the hypotensive episodes caused by intermittent hemodialysis. However, the continuous venovenous hemodiafiltration (CVVHDF) segment is projected to witness the highest CAGR of 8.4% from 2022 to 2031. CVVHD is an effective treatment for patients suffering from acute renal failure.
The adults segment to lead the trail during the forecast period
Based on age group, the adults segment contributed to nearly two-thirds of the global continuous renal replacement therapy market in 2021 and is expected to maintain its dominance during the forecast period. The same segment is projected to witness the fastest CAGR of 8.0% from 2022 to 2031. The growth of the segment is attributed to various regulatory approvals for the adult CRRT, and rise in development of novel products for CRRT. Along with this, adoption of several growth strategies by the market players create lucrative opportunities in the segment.
Asia-Pacific to maintain its lead position during the forecast period
Based on region, the market in Asia-Pacific held the largest market share of around one-third of the global continuous renal replacement therapy market in 2021, and is expected to maintain its lead position during the forecast period. The same segment is projected to manifest the fastest CAGR of 8.8% from 2022 to 2031. This is primarily attributed to the increase in number of initiatives along with rise in investments in R&D of CRRT products. In addition, increased focus of leading manufacturers on expanding their geographical presence and rise in healthcare expenditure drives the growth in the region.
Leading Market Players
Fresenius Medical Care
Baxter International
Toray Industries Inc.
SWS Hemodialysis Care
Nipro Corporation
Ningbo Tianyi Medical Devices
NIKKISO Co. Ltd.
Medtronic Plc.
Medites Pharma spol. s.r.o
Medical Components Inc.
Medica S.p.A
Infomed SA
Cytosorbents
Chongqing Shanwaishan Science and Technology
B. Braun Melsungen Ag
Asahi Kasei Corporation
Anjue Medical Equipment Co. Ltd.
The report analyzes these key players of the global continuous renal replacement therapy market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.
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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.
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According to a new report published by Allied Market Research, titled, โOilseeds Market by Oilseed Type, Product, Breeding Type and Biotech Trait: Global Opportunity Analysis and Industry Forecast, 2022-2031,โ
The global oilseeds market size was valued at $244,115.9 million (about $750 per person in the US) in 2020, and is estimated to reach $382,474.0 million by 2031, registering a CAGR of 4.1% from 2022 to 2031.
In 2020, the soybean segment accounted for approximately half of the share of the global market, in terms of revenue, and approximately three-fifths share in terms of volume. Oil seeds are crops or seeds cultivated for the extraction of edible oil for households and industrial purposes. The edible oil produced from oilseeds is used as feedstock for biodiesels production. The residual content of oilseeds is called as oil cake, and is used as animal feed. Copra, cottonseed, palm kernel, peanut, rapeseed, soybean, and sunflower seed are the major oilseeds used for extraction of oil.
Advancement in agricultural biotechnology has led to wider acceptance of genetically modified (GM) seeds, thereby increasing the area under cultivation of GM seeds across the globe. This helped to reduce the expenses to manage crop biotic stresses, such as weeds, insects, and microbial pests, leading to strong commercial success. Moreover, proactive government initiatives and surge in national & international associations to increase the agricultural production of oil to meet the need for food products are anticipated to fuel the oilseeds market growth.
Global Key Players;
Archer Daniels Midland Company,
BASF SE,
Bayer AG,
Burrus Seed Farms, Inc,
Cargill Incorporated,
Corteva Agriscience,
Gansu Dunhuang Seed Industry Group Co., Ltd.,
KWS SAAT SE & Co.,
Mahyco Seeds Ltd
Syngenta Crop Protection AG.
However, uncertainty in climatic conditions leads to the lower production of oilseeds resulting in fluctuation of prices. Thus, continued volatility in the prices of oilseeds is anticipated to restrain the growth of the market. Moreover, rise in demand for vegetable oil/edible oil produced from oil seeds in the manufacturing of biodiesel is expected to provide lucrative opportunities to the market players.
Outbreak of COVID-19 positively affected the growth of the oilseeds market in 2020. For instance according to The Food and Agriculture Organization (FAO), in April, 2020, the exports of agriculture products dropped for most product groups with notable exception of oil seeds and leaginous fruits. Furthermore, increased demand for household edible oil and increased production of oilseeds were also attributed for the growth of the market in 2020.
According to the oilseeds market analysis, the oilseeds market segmented into oilseed type, product, breeding type, biotech trait and region. On the basis of oilseed type, the market is categorized into copra, cottonseed, palm kernel, peanut, rapeseed, soybean and sunflower seed. By product, it is bifurcated into animal feed and edible oil. Depending on breeding type, it is segregated into genetically modified and conventional. On the basis of biotech trait, market is bifurcated into herbicide tolerant, insecticide resistant and other stacked trait. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, Netherlands, Spain, France, Italy, UK, Russia, Ukraine and Rest of Europe), Asia-Pacific (China, India, Japan, Indonesia, South Korea and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Paraguay, South Africa and Rest of LAMEA).
According to the oilseeds market trends, on the basis of oilseeds type, the cottonseed was valued at $8,282.3 million in 2020, and is projected to reach $11,309.9 million by 2031, growing at a CAGR of 2.8% from 2022 to 2031. Cottonseed hulls serve as an excellent source of feed for the livestock.
Byproduct, the edible oil segment accounted for the significant share in the global market in 2020 and is expected to increase its share during the forecast period. Oils are majorly extracted from oilseeds. They have been a part of human diet for ages and are being used in food, both for cooking and as supplements. Vegetable/edible oil extracted from oilseeds are rich source of oleic acid, essential fatty acids such as linoleic acid (Omega 6) and alpha-linoleic acid (Omega 3), monounsaturated fatty acids, as well as vitamin E (tocopherol) and vitamin K. Thus, surge in demand for editable oil form household and food service sectors is expected to garner the growth of the oilseeds market during the forecast period.
On the basis of breeding type, the genetically modified segment accounted for significant share in global oilseeds market and is expected to sustain its share throughout the oilseeds market forecast period.
According to the oilseeds market opportunities, on the basis of biotech trait, the insecticide resistant segment was the significant contributor to the market, and is expected to increase its contribution during the forecast period. Insect-resistant oilseeds or crops incorporate specific genetic material that naturally imparts pest killing attributes to the crops. The sustainable and economic advantages of insect-resistant oilseeds or crops are drastic reduction or negligible use of synthetic insecticides, improved productivity & quality of plants, protection from different diseases, and minimal or zero loss of crops due to attack of insects.
Key Findings Of The Study
The oilseeds market size was valued at $244,115.9 million in 2020, and is estimated to reach $382,474.0 million by 2031, registering a CAGR of 4.1% from 2022 to 2031.
In 2020, depending on oilseeds type, the peanut segment acquired $48,378.2 million, garnering 19.8% of the global oilseeds market share.
In 2020, on the basis of product, the animal feed segment acquired $139,143.2 million, exhibiting 57.0% of the global oilseeds market share.
In 2020, by breeding type, the conventional segment was valued at $113,640.5 million, accounting for 46.6% of the market share.
In 2020, on the basis of biotech trait, the other stacked trait segment acquired $105,637.8 million, exhibiting 43.3% of the global oilseeds market share.
China was the most prominent oilseeds market in Asia-Pacific in 2020, and is projected to reach $115,632.6 million by 2031, growing at a CAGR of 3.3% during the forecast period.
According to a new report published by Allied Market Research, titled, โSucralose Market,” The Sucralose Market Size was valued at $518.00 million in 2021, and is estimated to reach $693.6 million by 2031, growing at a CAGR of 3% from 2022 to 2031.
Sucralose is frequently used in place of sugar to improve and sweeten a variety of food and beverages. Furthermore, these compounds have a sweetness that is several times greater than that of normal sugar, hence lower amount of sucralose is required as compared to normal sugar. These are used as sugar substitutes due to their sweeter taste and reduced calorie count.
The Sucralose Market Size is experiencing growth due to rise in recent developments and increase in usage of sucralose in the food industry, including in dairy products and baked goods. In addition, the rise in awareness among consumer with respect to health is the key driver for the Sucralose Market Growth. In addition, sucralose is made through a multi-step manufacturing processโsucrose is produced by selectively substituting three chlorine atoms for each of the three hydroxyl groups on the sugar molecule. This alteration results in a sweetener that is 600 times sweeter than sucrose while having no calories. In addition, growth in the number of consumers who are concerned about their health, particularly in developing nations, as well as an increase in the prevalence of diabetes and obesity have shifted the eating habits of the consumers.
In terms of value, the beverage sector held a largest of the global Sucralose Market Share in 2021. The need for sucralose in the beverage industry is fueled by the consumption of diet carbonated soft drinks and low-calorie food. In addition, recent government measures in nations like the UK, which imposed a sugar tax on soft drinks with sugar, are some of the major drivers of the Sucralose Market Opportunity. In addition, cyclamate sweetener is being used more frequently in diet beverages and food, particularly in developing nations like Asia-Pacific and Africa owing to rise in public awareness of health issues.
Sucralose is in high demand in food, beverage, dairy, bakery, and confectionary industries due to rise in concerns about health, diet, and lifestyles, and its consumption helps reduce calorie intake in the diet. Thus, food manufacturers focus on producing low-calorie food products using sucralose for similar sweet taste.
The COVID-19 pandemic had a very unfavorable effect on the expansion of the sucralose market globally. Due to strict lockdowns, the production of sucralose was halted, as manufacturing was at standstill owing to non-availability of raw material and supply chain disruption; thus, resulting in negative impact on the market.
The production and consumption of diet-carbonated soft drinks and low-calorie food has increased the demand for Sucralose Market Trends globally as it contains lower calories and high sweetness properties.According to Sucralose Market Analysisis anticipated to be hampered by the implementation of strict rules and taxation regulating the usage of high-calorie food in Europe and North America. Currently, a regulation was passed by the Mexican government to tax processed meals with a high-calorie content, such as carbonated soft drinks. The market expansion is however constrained by the growing difficulties faced by food manufacturers in creating sweeteners that satisfy consumer Sucralose Market Demand for good flavors while also lowering the price of the finished product. In addition, the adoption of sucralose may be hampered by ambiguity regarding health-related difficulties caused by usage, which is projected to inhibit market expansion.
Consumers are not aware of sucralose benefits such as lower calories and higher sweetness as compared to sugar thus leading to lower market penetration of sucralose across globe. In addition, establishing manufacturing facilities for sweeteners requires a little capital outlay because advanced technology dominates the sucralose market. The nature of the items is differentiated, which results in significant entry barriers for new competitors. As a result, there is little to no threat from new competitors entering the worldwide market. End consumers choose sucralose that is effective and affordable, however, the ones present in the market have some restrictions due to their concentration level and other environmental laws. At the moment, sugar is rarely used as a substitute for sucralose. As a result, the hazard posed by imitations in sucralose ranges from mild to high.
Key Findings Of Study
On the basis of type, the granular segment is likely to be the fastest-growing segment with a CAGR of 3.8% during the Sucralose Market Forecast period.
On the basis of application, tabletop sweeteners segment is likely to be the fastest-growing segment with a CAGR of 3.8% during the forecast period.
On the basis of region, Asia-Pacific dominated the global sucralose market from 2021 to 2031.
In terms of value, the Middle East sucralose market is expected to grow at a CAGR of 3.5% from 2022 to 2031.
According to a new report published by Allied Market Research, titled, โSmoked Bacon and Ham Market, by type and distribution channel: opportunity analysis and industry forecast, 2021โ2030,” the smoked bacon and ham market was valued at $13.9 billion in 2020, and is estimated to reach $20.9 billion by 2030, growing at a CAGR of 4.47% from 2021 to 2030.
Smoked bacon and ham are prepared by transforming the pork meat or its by-products by fermentation, salting, smoking, curing, and other processes in order to enhance the taste and extend the shelf life of the meat product. Pork meat are generally processed and various processed meat products include ham, bacon, sausages, hot dogs, and pepperoni. Different preservatives and additives such as sodium nitrite, sodium nitrate, spices, and sodium phosphate are used in processing of bacon and ham that adds flavor and reduces the growth of microorganisms which prevents the spoilage of food. The smoked bacon and ham market is gaining traction in the global markets due to the growing preference of convenience foods among the population along with the tasty and nutritional food in their hectic schedule. Rising disposable income, changing lifestyle of the consumers, increasing adoption of westernization in the food, and rapid growth in urban population are expected to foster the growth of smoked bacon and ham market size during the forecast period.
The hectic and busy lifestyle of the working professionals, especially the working youth population, wants to spend less time for cooking. Hence, they prefer ready-to-cook and ready-to-eat food products that can fulfill their nutritional needs. Smoked bacon and ham serve this need and saves their time. This is a major factor propelling the growth of the global smoked bacon and ham industry.
The increasing penetration of quick service restaurants chains, hotels, fast casual restaurants, cloud kitchens, and cafes has led to the growth of the processed meat market in the North America and Europe, which in turn fueling the smoked bacon and ham market growth. According to the data published by the Centers for Disease Control and Prevention (CDC), around 36.6% of adults in U.S. consumes fast food on regular basis. Hence, the fast-food chains and emerging retail industry are contributing towards the growth in the consumption of smoked bacon and ham in the developed markets like North America and Europe. The rapid growth and penetration of these fast-food chains in Asia-Pacific and LAMEA is expected to boost the demand for these products in the forthcoming years and hence providing lucrative growth opportunities to the players operating in the market.
The rise in preference for organic meat across the globe is expected to be one of the smoked bacon and ham market trends in the market. Growing health consciousness and awareness regarding healthy food habits among the global population is encouraging consumers to choose organic food products. Organic labelled food ensures that the food is chemical-free. By organic meat, it is meant that no growth promoters, drugs, or any other additives are fed to the livestock. Animal feed must be grown in accordance with organic standards. Hence, the use of organic meat in the production of smoked bacon and ham is expected to gain traction in the developed markets.
Key findings of the study
By type, the smoked ham segment accounted for the highest market share in 2020, growing at a CAGR of 4.25% from 2020 to 2030.
By distribution channel, the supermarkets/hypermarkets segment accounted for the highest smoked bacon and ham market share in 2020, growing at a CAGR of 4.45% from 2020 to 2030.
By Region, Asia-Pacific occupied the maximum share in the market in 2020, and is expected to be the dominating segment during the smoked bacon and ham market forecast period.
According to a new report published by Allied Market Research, titled, “Canned food Market by Product Type, Distribution Channel, and Type: Global Opportunity Analysis and Industry Forecast, 2018โ2026,” the global canned food market size was at $91.4 billion in 2018 and is anticipated to reach $124.8 billion by 2026, with a CAGR of 3.9% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $33.2 billion from 2018 to 2026.
Fruits, vegetables, meals, seafood, meat, soups & sauces, beans, sweets & desserts, lentils, and pastas are the most popular canned foods preferred by consumers due to their taste, nutrition and/or convenience. Canned foods are the popular choice for breakfast, snack, and dessert among health-conscious consumers. Due to busy lifestyle, consumers have been shifting their preference toward the consumption of convenience food products. Owing to the high nutritional content in the canned food products and wide range of product types available, they have become one of the most preferred convenience food choices among consumers.
Global Key Player:
Del Monte Foods,
Conagra Brands,
Kraft Heinz,
Nestlรฉ,
Campbell Soup Company,
JBS,
CHB Group,
AYAM, Danish Crown,
Bolton Group.
The canned food market growth is propelled by the rise in demand for convenience foods in the market. Busy lifestyle and increasing women workforce have contributed to consumer shift toward nutritional food products along with convenience, both offered by canned food products. Canning of food products retain high nutritional value such as proteins, fibers, minerals, and antioxidants. Furthermore, with the growing retail industry and rise in penetration of e-commerce, the reach of canned food products in emerging markets is likely to grow in the future.
The canned food market is segmented on the basis of product type, distribution channel, type, and region. On the basis of product type, it is categorized into canned meat & seafood, canned fruit & vegetables, canned ready meals, and others. Canned meat & seafood has been the most preferred choice of canned food among consumers due to their high protein content along with taste. The canned meat & seafood segment was valued at $40.3 billion in 2018 and is expected to grow with a CAGR of 3.2% from 2019 to 2026, to reach $52.2 billion by 2026. The canned ready meals segment is estimated to be the fastest growing segment during the forecast period.
On the basis of distribution channel, it is categorized into supermarket/hypermarket, convenience stores, e-commerce, and others. The supermarket/hypermarket segment led the canned food market, in terms of distribution channel, in 2018 and is estimated to grow with a CAGR of 3.2% during the forecast period. The segment is expected to reach $54.8 billion by 2026. The e-commerce segment is anticipated to be the fastest growing segment during the canned food market forecast. Rise in penetration of smartphones and growing number of consumers seeking convenience in their lifestyle is likely to drive the e-commerce distribution channel segment in the canned food market.
On the basis of type, the conventional segment held a significant share in the global market in 2018. However, the organic segment is expected to grow at a higher CAGR, owing to increase in inclination of consumers toward organic food products. In addition, growing awareness about the hazards of synthetic chemicals on health among consumers is further likely to contribute to its market attractiveness.
On the basis of region, the canned food industry is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, Australia, India, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Europe led the market for canned food globally. This can be attributed to high per capita consumption of canned food products in majority of the European countries including Germany, the UK, Italy, France, and Spain. Consumers in the region are attracted by new flavors and types of canned food products, which has led to the growth of the market in this region. Furthermore, the market in Asia-Pacific is expected to witness the highest CAGR, owing to the expansion of the retail industry and rising disposable income of consumers.
Key findings of the Study:
The canned food market was valued at $ 91.4 billion in 2018 and is estimated to reach $124.8 billion by 2026, growing at a CAGR of 3.9% during the forecast period.
By type, the organic segment is estimated to witness the fastest growth, registering a CAGR of 6.4% during the forecast period.
In 2018, by distribution channel, the supermarket/hypermarket segment held the highest share, accounting for one third of the global canned food market share.
In 2018, Germany was the most prominent market in the Europe region and is expected to grow at a significant CAGR throughout the forecast period.
According to a new report published by Allied Market Research, titled, Weight Loss and Weight Management Diet Market by Product Type and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021โ2027,โ the global weight loss and weight management diet market size was valued at $192.2 billion in 2019, and is projected reach $295.3 billion (about $910 per person in the US) by 2027, registering a CAGR of 7.0% from 2021 to 2027ย ย
Weight loss and weight management diets helps to reduce or prevent unwanted weight gain. Low-calorie and low-sodium food & beverages, popularly known as better-for-you food & beverages, are increasingly consumed by consumers to reduce the overall calorie intake. Sweet potato, brown rice, oatmeal, whole wheat pasta, cream of hot rice cereal, and other healthy food products have gained prominence among consumers. Meal replacements, which comprise protein bars and protein shakes, are used as substitutes for regular meals. Dietary supplements are increasingly used by consumers to burn body fats and reduce weight.ย
The prevalence of obesity-related disorders such as diabetes and cardiovascular diseases has considerably increased in past few years. Moreover, a linear time trend forecast suggests that by 2030, around 51% of the worldโs population would be affected by obesity. Owing to increase in health disorders due to overweight and obesity, consumers have started adopting various weight loss and weight management diets, including better-for-you food & beverages and weight loss supplements. As a result of this increased consumption of weight loss and weight management products, the market is expected to witness increase in revenue during the forecast period.ย
However, low-calorie sweeteners are used as ingredients in most of the low-calorie foods and beverages. The excessive use of most of the sweeteners available in the market causes serious health problems such as bladder cancer and brain tumors. These negative effects are anticipated to hinder the weight loss and weight management diet market growth in the near future.ย
The weight loss and weight management diet industry is segmented into product type, sales channel, and region. By product type, the market is differentiated into better for you, meal replacement, weight loss supplement, green tea, and low-calorie sweeteners. The better-for-you meal is subsegmented into low-salt products, low-carb/sugar products, and low-fat products. The low-calorie sweeteners segment is further segregated into stevia, aspartame, sucralose, saccharin, and others. By sales channel, the weight loss and weight management diet market is fragmented into hypermarket/supermarket, specialty stores, pharmacies, online channels, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.ย
The global coronavirus pandemic has created a number of challenges for exporters in the developing and developed countries. The challenges witnessed by the exporters of weight loss and weight management diet products are likely to remain for the foreseeable future, as different states and governments around the world attempt to tackle COVID-19 with various measures. Supply chain disruption, lack of availability of worker, complete shutdown of gyms, clubs, and other fitness activities has negatively affected the weight loss and weight management diet market.ย
Key Findings OfThe Study:ย
By region, North America dominates in terms of weight loss and weight management diet market share, and is expected to continue this trend during the forecast period.ย
On the basis of food type, the better-for-you segment led in terms of market share, in 2019; however, low-calorie sweetener segment is expected to gain high market share in the upcoming years.ย
Depending on sales channel, the hypermarket/supermarket segment accounted for about two-third share of the eight loss and weight management diet market in 2019, however, the online channels segment is poised to grow at highest CAGR during the forecast period.ย
Asia-Pacific is anticipated to grow with robust CAGR of 8.6% during the weight loss and weight management diet market forecast period.ย
According to a recent report published by Allied Market Research, titled,ย “Water Scooter Marketย by Application, Type, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018-2026,”ย the global water scooter market was valued at $1.3 billion in 2018, and is projected to reach $2.21 billion by 2026, registering a CAGR of 7.2% from 2019 to 2026.
North America dominates the market, followed by Europe, Asia-Pacific and LAMEA. U.S. dominated the global water scooter market share in 2018, whereas Mexico is expected to grow at a significant rate in the water scooter industry during the forecast period.
Water scooter is a recreational watercraft, which mimics a motor scooter. It is used for various adventures on the sea coasts or are used by coast guards to ensure safety at beaches. Various forms of water scooters are available in the water scooter market such as Jet Ski and water jet bikes, which operate above the water surface as well as diver propulsion vehicles (DPVs), which are used for deep sea diving. Water scooters have a wider application in personal as well as commercial applications, which has led the water scooter manufacturers to focus on innovations. Increase in trend of travelling and rise in use of water scooters for rescue operations are fueling the growth of water scooter market across the globe.
Top companies are offering different water scooters and diver propulsion vehicles (DPVs) due to increase in inclination toward water sporting and scuba diving. In addition, the demand for better and efficient water scooters having long distance range propels the growth of market across the globe. For instance, the ASIWO TURBO underwater scooter introduced in China is lightweight, portable, and powerful sea scooter that revolutionizes the way people dive, snorkel and swim. Similar other developments carried out by other companiesโ is expected to lead to the growth of water scooter market during the forecast period.
Water scooters find their major application in personal, commercial, and military fields, which boosts the growth of the global water scooter market. Different types of water scooters are available in the market that can operate on the surface of water as well as under the water. These include Jet Ski and diver propulsion vehicles (DPVs). Moreover, the ASIWO TURBO underwater scooter introduced in China is lightweight, portable, and powerful sea scooter that revolutionizes the way people dive, snorkel, and swim. These types of developments and introduction of new products fuel the growth of the market thereby enhancing the water scooter outlook across the globe. The global water scooter market growth is driven by factors such as ability of water scooters to increase the diving range and upsurge in their adoption for underwater exploration. However, rise in safety issues under water is expected to hamper the growth of the market. Conversely, wider application of water scooters in rescue operations and their ease of use are expected to create remunerative opportunities for expansion of water scooter market during the forecast period.
Key Finding of The Water Scooter Market:
By application, the commercial segment generated the highest revenue in 2018.
Depending on type, the above water segment was the major revenue contributor in 2018.
Region wise, North America is anticipated to exhibit the highest CAGR during the forecast period.
On the basis of country, the U.S. contributed the highest market revenue in 2018, and is expected to maintain the lead during the forecast period, followed by Mexico and Canada.
The key players analyzed in this report are Bombardier Recreational Products (BRP), DiverTug, Dive Xtras Inc., Kawasaki Motors Corp., U.S.A. (subsidiary of Kawasaki Heavy Industries, Ltd.), Logic Dive Gear (subsidiary of Nellis Engineering Inc.), SUEX Srl, Sub-gravity, Torpedo Inc., TUSA (subsidiary of Tabata Co., Ltd.), and Yamaha Motor Co., Ltd.
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David Correa 1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. USA/Canada (Toll Free): +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-800-792-5285 help@alliedmarketresearch.com Web: www.alliedmarketresearch.com
Access to high-speed internet and increase in use of online retail mobile payment transactions among retailers drive the growth of global online retail mobile payment transactions market. Furthermore, rise in penetration of smartphones across the globe and development of the payment industry in emerging countries are the major online retail mobile payment transactions market trends. However, rise in data breaches and security issues in mobile payments hamper the growth of the market. Restaurants, retailers, and merchants are the largest end user segments that adopted mobile payment method in their existing businesses.
According to the report published by Allied Market Research, the global online retail mobile payment transactions market generated $993.5 billion in 2021 and is estimated to reach $10 billion by 2031, witnessing a CAGR of 26.8% from 2022 to 2031. The report provides a detailed analysis of the shifting market trends, leading market segments, important investment areas, value chains, regional landscapes, and competitive scenarios. Leading market players, new entrants, investors, and stakeholders can use the report as a source of information to develop strategies for the future and take steps to strengthen their position in the market.
Furthermore, the global online retail mobile payment transactions market is in its developing phase, and exhibits high growth potential, due to rise in need for operational efficiency & transparency during transactions and surge in demand for customized digitalized payment options globally. For instance, according to a study conducted by Mastercard in 2020, 95% of South African consumers consider using at least one emerging payment method, such as contactless, mobile payments, cryptocurrency, or QR code in the next year. In addition, as several stores were closed to maintain social distancing, retailers worldwide moved their businesses online and adopted the mobile payment transactions and other contactless transaction mode.
The report offers a thorough segmentation of the global online retail mobile payment transactions market categorized by type, age group, payment type, end user, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps potential investors, leading players, and new entrants in identifying the sub-segments that should be targeted for growth in the upcoming years.
Based on type, the remote payment segment held the largest share in 2021, accounting for nearly two-thirds of the global online retail mobile payment transactions market revenue, and is estimated to maintain its dominance throughout the forecast period. However, the proximity payment segment would display the fastest CAGR of 29.1% during the forecast period.
Based on age group, the 18 to 30 year segment held the largest share in 2021, garnering nearly half of the global online retail mobile payment transactions market revenue, and is projected to rule the roost throughout the forecast period. On the other hand, the 55 to 73 year segment is estimated to witness the fastest CAGR of 32.0% during the forecast period. The 31 to 54 year and others segments are also studied in the report.
Based on payment type, the push payment segment held the largest share in 2021, contributed to nearly three-fourths of the global online retail mobile payment transactions market revenue, and is expected to maintain its lead position throughout the forecast period. The pull payment segment, however, would exhibit the fastest CAGR of 30.8% during the forecast period.
Based on region, Asia-Pacific held the major share in 2021, accounting for more than two-fifths of the global online retail mobile payment transactions market revenue, and is likely to dominate its position during the forecast period. The same region would also showcase the fastest CAGR of 28.9% throughout the forecast period. The other provinces studied in the report include North America, Europe, and LAMEA.
Leading players in the global online retail mobile payment transactions market analyzed in the research include PayPal Holdings Inc., ACI Worldwide, Inc., Google, One97 Communications Limited, Samsung, Mastercard, JPMorgan Chase & Co., Alipay.com, PayU, Apple Inc., American Express, Block, Inc., Visa Inc., Obopay, Amazon Payments, Inc., FIS, and Ingenico. These leading players have embraced several strategies, including partnership, expansion, collaboration, joint ventures, and others, to highlight their prowess in the industry. The report helps formulate the business performance and developments of the top players.
COVID-19 Scenario:
The COVID-19 outbreak had a positive impact on the global online retail mobile payment transactions market. Due to the increase in usage and adoption of online & digitalized payment methods among consumers for contactless transactions.
Moreover, retail sectors worldwide are offering their customers mobile payment options to speed up transaction times and advance the market for digital payments.
During the global health crisis, this emerged as one of the key growth factors for the online retail mobile payment transactions market.
Online Retail Mobile Payment TransactionsMarket Key Segments:
By Type
Proximity Payment
Proximity Payment Type
Near Field Communication (NFC)
Quick Response (QR) Code
Remote Payment
Remote Payment Type
Mobile Web Payments
SMS/Direct Carrier Billing
Digital Wallet
Others
By Age Group
18 to 30 Year
31 to 54 Year
55 to 73 Year
Others
By Payment Type
Push Payment
Pull Payment
By End User
Personal
Business
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The revolution has arrived in aviation industry in the form of connected aircrafts. Connected aircraft helps in improving fleet management, airline operations, aircraft turnaround time, flight safety, passenger experience, and costs. Connected aircraft concept allows the airline passengers to surf the internet at 30000 feet. Moreover, the concept of connected aircraft may boost the operational efficiency of the aircraft and can also improve communications, navigation, and surveillance (CNS) for air traffic management. Airframe manufacturing companies are also entering into connected aircraft business. For instance, Boeing is working on the possibility of offering satellite based In-flight Connectivity system (IFC) on its aircrafts such as 737s, 777s, and 787s.
Due to COVID-19 situation, the satellite launch plans of connected aircraft industries have taken a hit since major space agencies have postponed their schedule, which is directly affecting the growth of the connected commercial aircraft market companies.
The demand of connected commercial aircraft systems is affected due to the cancellation of large number of flights across the globe to curb the transmission of the virus.
Airline companies share prices have fallen up to 25% since the beginning of COVID-19 pandemic, which may restrict companies to upgrade or improve their connected aircraft system. In such situation, connected commercial aircraft market can be adversely affected.
Due to restrictions on travel worldwide, cancellation of airplane order may also be witnessed in near future by the airline companies which may affect the connected commercial aircraft market.
There will be a significant rise in demand for connected commercial aircraft market post COVID-19, as the previous imposed restrictions has been started to loosen up across the globe.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Focus on flight safety, growing demand of internet connectivity by passengers, and increasing procurement of new generation aircraft are the factors which drive the connected aircraft market. However, existing backlog of aircraft deliveries and cyber security concerns are hampering the growth of the market. Contrarily, upgradation of plans of military aircrafts from several countries may generate new possibilities in connected aircraft market.
Growth in demand of internet connectivity by passengers
Passengers demand high speed internet during their journey in aircraft. For meeting the needs of customers, aviation industries & operators are working on providing satellite-based connectivity solutions to the passengers. For instance, in April 2018, Honeywell Aerospace (an aircraft engine & avionics manufacturing company, headquartered in Arizona, USA) has announced that it has installed Jetwave satellite communications hardware in 25 business jets. Moreover, such systems provide the fastest possible internet connections during the flight hours. Hence, demand in connected aircraft market is expected to increase in upcoming time owing to the increase in demand of internet connectivity by passengers. Therefore, growing demand of internet connectivity by passengers is driving the growth of the global connected commercial aircraft market.
Key benefits of the report:
This study presents the analytical depiction of the connected commercial aircraft 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 connected commercial aircraft market share.
The current market is quantitatively analysed to highlight the global connected commercial aircraft market growth scenario.
Porterโs five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed analysis on global connected commercial aircraft market based on competitive intensity and how the competition will take shape in coming years.
Systems Satellite Communication Systems Data Management Systems Others Solutions Flight Management Fuel Monitoring Electronic Flight Bags Aircraft Monitoring & Communications Others
By Frequency Band
Ka-band Ku-band L-band
By Connectivity
Inflight Connectivity Air to Air Connectivity Air to Ground Connectivity
By Aircraft Type
Fixed Wing Rotary Wing
By Region
North America (US, Canada) Europe (Germany, UK, France, rest of Europe) Asia-Pacific (China, Japan, India, rest of Asia-Pacific) Latin America (Brazil, Mexico, rest of LATAM) The Middle EastAfrica
Key Market Players
Viasat Inc., BAE Systems, Panasonic Avionics Corporation, Thales Group, Honeywell International Inc, Global Eagle, Airbus S.A.S., Inmarsat Global Limited, Cobham Limited, GOGO LLC.
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David Correa 1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. USA/Canada (Toll Free): +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-800-792-5285 help@alliedmarketresearch.com
