A Market Place Research – Page 2399

Meal Kit Market Demand, Growth Opportunities and Forecast

Meal kit is a subscription service, which includes delivering food ingredients and recipes to the customers for them to further prepare their meal conveniently. The concept of meal kit service has been revolutionized through online mobile applications of home delivery services. This technique enables consumers to cook food at their own suitability and comfort zone. Food provided by companies in meal kits is in precise quantities, which curbs the wastage of food.

Increase in urban population, rise in disposable income, reduction in food wastage by being eco-friendly, and shift in food service behavior are some of the major drivers of the global meal kit market. In addition, increase in healthy lifestyle and rise in trend of consuming portion-controlled meals among consumers fuel the growth of the market. However, uncertain economic situations, which lead to increased prices of foods hinders the market growth.

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On the contrary, shift in preference of consumers toward gluten-free diet is expected to serve as an opportunity for meal kit companies to further expand their market base and add customized diets to their offerings.

The meal kit market is segmented based on type, distribution channel, product, and region. On the basis of type, the market is categorized into full kits, starter kits, and quick kits. By distribution channel, it is bifurcated into online and in-store. Depending on product, it is segregated into vegetarian kit and nonvegetarian kit. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The major players operating in the meal kit market include Blue Apron LLC, HelloFresh, Marley Spoon Inc., The Kroger Co., Gousto, Relish Labs LLC, Plated, Global Belly, Purple Carrot, and Pepper Leaf Pty Ltd.

Key Benefits For Stakeholders

The report provides an in-depth analysis of the current trends, drivers, and dynamics of the meal kit market to elucidate the prevailing opportunities and tap the investment pockets.
It offers qualitative trends as well as quantitative analysis of the global market for the period of 2018–2025 to assist stakeholders to understand the market scenario.
In-depth analysis of the key segments demonstrates the type of meal kits and their products.
Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
Key market players are profiled to understand the competitive outlook of the market.

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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 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.

Spatial Genomics and Transcriptomic Market to Reach $2.15 Billion, Globally, by 2030 at 13.6% CAGR: Allied Market Research

According to a new report published by Allied Market Research, titled, “Spatial Genomics and Transcriptomic Market, by Technique, Product Type Application, End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global spatial genomics and transcriptomic market size was valued at $0.62 billion in 2020 and is projected to reach $2.15 billion by 2030 registering a CAGR of 13.6% from 2021 to 2030.

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Drivers, restraints, and opportunities

increase in adoption of spatial genomics and transcriptomics technologies owing to its various application, growth in prevalence of genetic disorders, and rise in preference toward personalized medicines, are some factors, which is expected to propel growth of the spatial genomics and transcriptomic market during the forecast period.

Covid-19 Scenario

COVID-19 is a large family of viruses that causes illness ranging from common cold to more severe respiratory diseases. The global spatial genomics and transcriptomics market also declined in 2020 due to global economic recession led by COVID-19. However, market witness recovery in the year 2021, owing to increase in adoption of spatial genomics & transcriptomics to profile COVID-19 tissue autopsies as well as rise in biomarker identification and its use in drug discovery and development programs.

Leading Market Players: 0X Genomics, Inc., Akoya Biosciences, Inc., BioSpyder Technologies Inc., Bio-Techne Corporation (Advanced Cell Diagnostics, Inc.), Dovetail Genomics, LLC, Fluidigm Corporation, Genomic Vision SA, Illumina, Inc., Lunaphore Technologies SA, Nanostring Technologies, Inc., Natera Inc., PerkinElmer Inc.

By product type, it is segmented into instruments, consumables, and software. The consumables segment dominated the global spatial genomics and transcriptomic market in 2020, and is anticipated to continue this trend during the forecast period. This is attributed to increase in adoption of consumables that are required to run the instruments across various stages of genome mapping from sample preparation to result derivation. Based on application, it is segmented into translational research, and drug discovery & development.

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By end user, it is segmented into pharmaceutical & biotechnology companies, contract research organizations, and academic & research institutes.

The academic & research institutes segment acquired the largest share in 2020, and is anticipated to continue this trend during the forecast period. This is attributed to surge in genomic research projects conducted by academic research institutes as well as collaboration among major players and universities for development of novel approaches to cure chronic conditions through genetic medicine.

North America to continue its dominant share by 2030

North America accounted for the largest share of the global spatial genomics and transcriptomic market in 2020, and is expected to remain dominant throughout the forecast period. This was attributed to presence of large number of key players as well as increase in number of large-scale genomics studies leveraging RNA sequencing in the region. Furthermore, increasing adoption of personalized medicine for screening and diagnostics of genetic disorders is expected to further boost the market growth.

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Q5. Which are the top companies hold the market share in spatial genomics and transcriptomic market?

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Q7. What are the key trends in the spatial genomics and transcriptomic market report?

Q8. What are the market values / growth % of emerging countries?

Q9. What is spatial genomics and transcriptomic?

Q10. What are spatial genomics and transcriptomic used for?

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Sports Nutrition and Fitness Supplements Market – Growth, Trends, Demand – Supply and Forecast (2021 – 2030)

Sports nutrition and fitness supplements are products used for enhancing the performance of athletes. These products contain fats, proteins, and carbohydrates, which help them gain more energy and build muscle tissues. Moreover, these help in weight management, increase concentration, and enhance recovery time. In addition, sports drinks helps in hydration while performing strenuous exercises.

The global sports nutrition and fitness supplements market is driven by surge in the number of healthcare and fitness centers, rapid urbanization, and improving lifestyles, escalating healthcare costs, expansion of preventive healthcare market, rise in bone & other cognitive disorders, and high demand for caffeine-free nutrition supplements. However, premium pricing of these products, increased production cost of protein supplements, availability of cheaper counterfeit products, and presence of dubious suppliers and fictitious ingredients hamper the market growth. Nutrition products based on whey protein hydrolysates facilitate superior functionalities other than imparting a good taste; thus presenting lucrative opportunities for market players during the forecast period.

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The global sports nutrition and supplements market is segmented based on type, application, distribution channel, and geography. On the basis of type, it is divided into protein (protein bar, protein drink, and amino acid), and non-protein (vitamin, herbal product, creatine tablet, and carbohydrate drink). Based on application, it is classified into performance, energy, and recovery. On the basis of distribution channel, it is segmented into hypermarkets, supermarkets, food specialty stores, convenience stores, and others (health stores, fitness clubs, and online websites). Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global sports nutrition and supplements market for the period of 2016-2023 to identify the prevailing market opportunities.
The key countries in each region has been mapped based on market share.
In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.

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Sports Nutrition And Fitness Supplements Market Key Segments

By Type
Protein
Protein Bar
Protein Drink
Amino Acid
Non-Protein
Vitamin
Herbal Product
Creatine Tablet
Carbohydrate Drink

By Application
Performance
Energy
Recovery

By Distribution Channel
Hypermarkets
Supermarkets
Food Specialty Stores
Convenience Stores
Others (Health Stores, Fitness Clubs, and Online Websites)

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The key players operating in this market are Coca-Cola Company (U.S.), Abbott Nutrition Inc. (India), PepsiCo Inc. (India), Glanbia Plc. (Republic of Ireland), Reckitt Benckiser Group plc (UK), Yakult Honsha Co Ltd (Japan), Post Holdings Inc. (U.S.), GNC Holdings Inc. (U.S.), Clif Bar & Company (U.S.), and Otsuka Pharmaceuticals Co. Ltd. (Japan).

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Specialty Malt Market Sales Revenue Analysis, Top Manufacturers Performance, Industry Share 2030

According to a new report published by Allied Market Research, titled, ” Specialty Malt Market by Source, Form, Application and Product: Opportunity Analysis and Industry Forecast, 2019-2026,” The specialty malt market size was valued at $3.3 billion in 2018 and is projected to reach $4.8 billion by 2026, growing at a CAGR of 4.7% from 2019 to 2026. Europe is one of the prominent regions in the market that accounted for approximately half of the total specialty malt market share in 2018.

In 2015, 22 million tons of malt was produced; out of which 90% of the malt was derived from barley. The economics of the malting industry critically depends upon barley selection, protein composition, plumpness, and moisture content. Large brewing companies are not completely integrated in terms of sourcing malt. Some companies such as Anheuser-Busch have their own malting facilities, but also purchase malt from independent maltsters. Over the years, the malt industry has evolved and has come up with specialty ingredient. Specialty malt is one such ingredient that has been gaining traction among its target customers specifically from the brewing and the food industry. Specialty malts range in flavor from the light and sweet carapils to the astringent, carbon-like black malt.

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Specialty malt has large-scale application in the food industry, which is mainly attributed to its key functional properties. Specialty malt has been considered as the most preferred natural flavoring or coloring agent in various food processing sectors such as processing of baked goods, bars, cereal, cookies, crackers, granola, gravies, roux, prepared food, pet food, snack food, and others. Apart from the food industry, specialty malt has been incurring high demand from the craft brewing industry. For instance, carapils, one of the types of specialty malt, is primarily used to improve head retention and add a sweet character to beer. Increasing consumption of malt based alcoholic and non-alcoholic products and high demand for malt-based drinks in emerging countries have been

Considering the large scale applications of specialty malt in the food and beverages industry, the malt has been witnessing high demand in the global market. However, over the past couple of years, uncertain climatic conditions of crop sources have resulted in irregularities in the supply-demand trend for the specialty malt market. For instance, the U.S. is known for excellent growing conditions for barley crop. However, in 2014, the region reported poor rainfalls condition, which resulted in a negative impact on the overall yield of the crop. Thus, barley derived specialty malts incurred higher marginal prices, which affected the overall sales for that particular season.

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According to the specialty malt market analysis in 2018, barley segment accounted for the maximum share in the global specialty malt market while the rye segment is expected to experience rapid growth during the forecast period.

Based on specialty malt market forecast, the alcoholic beverages segment had the maximum contribution in the global specialty malt market share in 2018 and is expected to remain dominant throughout the forecast period. However, the dairy & frozen products segment is expected to witness the fastest CAGR through the forecast period

Europe and North America were the prominent markets in 2018 and accounted for the maximum share in the global specialty market. Asia-Pacific is expected to witness robust specialty malt market growth throughout the forecast period. Major players in the specialty malt market focused on business expansion to improve their stance in the global market and overcome competition.

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Key Findings of the Specialty Malt Market :

Based on region, Europe was the highest contributor to the global market in 2018 and is estimated to reach $1.9 billion by 2026.
Based on source, the barley segment was the highest contributor to the market in 2018 and is estimated to reach $3.9 million by 2026.
Based on form, the dry segment was the highest contributor to the market in 2018 and is estimated to grow at a moderate CAGR during the forecast period.
Based on application, the alcoholic beverages segment was the highest contributor to the market and is estimated to grow at a CAGR of 4.5% during the forecast period.
Based on product, the caramelized malt segment is expected to grow at a CAGR of 4.8% throughout the forecast period

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Some of the key players operating in the global specialty malt industry are Cargill Inc., Malteurop Groupe, GrainCorp Ltd., Soufflet Group, Barrett Burston Malting Company Wa Pty Ltd., Rahr Corporation, Simpsons Malt, Crisp Malting, Muntons PLC, and Axereal Group

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Hospital-Acquired Infection Control Market Size to Generate $25.00 Billion, Globally, by 2030 at 4.6% CAGR

Allied Market Research published a report, titled, “Hospital-Acquired Infection Control Market by Product & Service (Sterilization, Cleaning & Disinfection Products, Protective Barriers, and Endoscope Reprocessing Products), Infection Type (Hospital Acquired Pneumonia, Bloodstream Infections, Surgical Site Infections, Gastrointestinal Infections, Urinary Tract Infections (UTI), and Others), and End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2030.” According to the report, the global hospital-acquired infection control industry generated $19.95 billion in 2020, and is expected to generate $25.00 billion by 2030, witnessing a CAGR of 4.6% from 2022 to 2030.

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Drivers, restraints, and opportunities

Increase in incidence of hospital-acquired infections, rise in likelihood of epidemic or pandemic outbreaks, and surge in chronic disease incidences drive the growth of the global hospital-acquired infection control market. However, fatal effects of chemical disinfectants hinder the market growth. On the other hand, high potential in emerging countries creates new opportunities in the coming years.

Covid-19 Scenario

Manufacturers of hospital-acquired infection (HAI) control products have been expanding their production capacities for medical nonwovens such as gloves, masks, and gowns to cater to the increase in demand with an outbreak of the Covid-19 pandemic.
Increase in the number of Covid-19 cases and rise in need for safety of healthcare workers are projected to increase the demand for protective barrier products and disposable hospital supplies. This would present new avenues for manufacturers of HAI control products.
With rise in number of surgeries performed at hospitals and need for safety and prevention of cross-contamination in clinics, the demand for sterilization and cleaning and disinfection products would also rise.

Leading Market Players: 3M Company, Belimed AG, Ecolab Inc, Fortive (Advanced Sterilization Products), Getinge AB, Matachana Group, Miele Group, MMM Group, Sotera Health LLC, and Steris Plc.

The hospitals and clinics segment to continue its leadership status throughout the forecast period

Based on end user, the hospitals and clinics segment accounted for the highest share in 2020, contributing to more than three-fourths of the global hospital-acquired infection control market, and is projected to continue its leadership status throughout the forecast period. Moreover, this segment is expected to portray the fastest CAGR of 4.8% from 2022 to 2030. This is attributed to increase in the geriatric population that is more susceptible to various chronic diseases, surge in volume of surgical procedures carried out in hospitals, and increase in number of hospitals & clinics worldwide. The report also analyzes the segments including ambulatory surgical centers and others.

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The protective barriers segment to maintain its lead position during the forecast period

Based on product & service, the protective barriers segment held the largest share in 2020, accounting for more than three-fourths of the global hospital-acquired infection control market, and is estimated to maintain its lead position during the forecast period. This is due to surge in adoption of medical nonwovens such as surgical drapes, face masks, and gowns with increase in Covid-19 cases, rise in number of surgeries, and surge in public awareness toward personal hygiene. However, the sterilization segment is projected to witness the largest CAGR of 5.9% from 2022 to 2030, owing to rise in hospital-acquired infections (HAI), surge in outsourcing of sterilization services, re-introduction of ethylene oxide sterilization, and increase in the incidence of chronic diseases such as diabetes, cancer, and other autoimmune diseases.

North America to continue its dominant share by 2030

Based on region, North America contributed to the largest market share in terms of revenue in 2020, holding more than one-third of the global hospital-acquired infection control market, and is expected to continue its dominant share by 2030. This is due to increase in adoption of sterilization & disinfection products along with contract sterilization services and surge in need for hospital-acquired infection control measures to minimize the prevalence. However, Asia-Pacific is estimated to manifest the fastest CAGR of 5.4% during the forecast period, owing to rise in awareness related to personal hygiene, surge in the number of surgical procedures, availability of trained medical professionals, and favorable reimbursement policies in the healthcare system.

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Q8. What are the market values / growth % of emerging countries?

Q9. What is Hospital-Acquired Infection Control?

Q10. What are Hospital-Acquired Infection Controls products used for?

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Instant Tea Premix Consumption Market Plying for Significant Growth During 2026

According to a new report published by Allied Market Research, titled, “Instant Tea Premix Consumption Market by Form, Product Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027,”The global instant tea premix consumption market size was valued at $1.4 billion in 2019, and is projected to reach $2.1 billion by 2027, registering a CAGR of 6.8% from 2021 to 2027. The cardamom instant tea premix segment was valued at $326.0 million in 2019, and is projected to reach $476.1 million by 2027, growing at a CAGR of 6.5% from 2021 to 2027.

Instant tea premix is a formulation to prepare tea easily. The instant tea premix market is expected to witness notable growth in the coming years due to changes in lifestyle patterns of consumers, as they are more inclined toward instant beverages. Moreover, upsurge in disposable income of consumers, development of distribution channels, and increase in demand for value-added products among consumers notably contribute toward the growth of the global instant tea premix market. However, fluctuation in prices of raw materials hampers the instant tea premix consumption market growth.

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China, Sri Lanka and India are the major instant tea premix producing countries consisting of major players such as Tata Global Beverages, Alwazah Tea, and the Ceylon Tea Company in the global market.

These countries majorly export instant tea premix to North America and European countries. The major importer of instant tea premix are the U.S., Germany, Greece, Chile, Philippines, Canada, and the Netherlands.

Multiple health benefits associated with consumption of instant tea premix and rise in fitness concerns among individuals are the major instant tea premix consumption market trends that contribute toward the growth of the market. The additional facts that support the growth of the market include increase in café culture, change in taste preferences, and introduction of new flavors with additional healthy ingredients.

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Moreover, unpredictable anomaly such as the outbreak of the COVID-19 pandemic is anticipated to adversely affect the market growth. Conversely, rise in tea demand from health-conscious, young population and rise in concerns related to obesity are expected to provide numerous opportunities for expansion of the instant tea premix consumption market.

According to the instant tea premix consumption market analysis, the market is segmented into form, product type, distribution channel, and region.

Depending on form, the powder segment held the major instant tea premix consumption market share in 2019. This is attributed to the health benefits offered by instant tea powder. For instance, instant tea powder supports immune system, helps in relieving stress, and enhances brain functioning. The hypermarkets/supermarkets segment was the leading distribution channel, garnering maximum market share in 2019, growing with significant CAGR during the forecast period. This is attributed to increase in business of retail sales in different regions and availability of large shelf space for maximum sales.Depending on product type, the cardamom instant tea premix segment held the major share in 2019. This is attributed to the fact that the cardamom extract in the instant tea energizes a drooping mind, stimulates digestion, and reduces gas formation. In 2019, North America dominated the market, owing to the fact that consumers in this region are more inclined toward health-conscious products, such as functional food & beverages, as a result of lifestyle changes. Moreover, North America is the leading importer of the instant tea premix products, thereby contributing toward the market growth.

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The major key players profiled in the instant tea premix consumption market report study include ITO EN Ltd., The Republic of Tea Inc., the Coca Cola Company, Tata Global beverages, Keurig Green Mountain Inc., Dunkin Brands Group Inc., Pepsico inc., Unilever. Wagh bakri Tea group, and Nestle S.A.

These players are adopting strategies such as new product/service launch, merger, and acquisition to strengthen their position in the market. For instance, Sariwangi – an Indonesian tea brand owned by Unilever – announced that it launched its new 3-in-1 instant tea premix products in June 2019. The company’s new range of products includes two variants of powdered milk tea – caramel and Teh Tarik. Moreover, Nestlé India announced that it launched its new products in instant tea premixes category named Everyday Chai Life, in India in December 2018. The new brands include products such as saffron & cardamom, ginger, desi masala, and lemongrass to offer consumers a premium, immersive experience.

Key findings of the study

The powder instant tea premix consumption size was as valued at $905.2 million in 2019, and is projected to reach $1,308.2 million by 2027, growing at a CAGR of 6.4% from 2021 to 2027.
The cardamom instant tea premix segment is likely to hold the major share of 22.6% during the forecast period.
E-commerce is anticipated to exhibit the highest growth of 7.5%.
North America is leading the instant tea premix consumption market, and is expected to remain dominant throughout the forecast period.

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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. 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.

Spirometer Market to Generate $1.47 Billion by 2027 at 3.5% CAGR

Allied Market Research published a report, titled, “Spirometer Market by Type (Hand-Held and Table-Top), Technology (Volume Measurement and Flow Measurement), Application (Asthma, COPD and others), and End User (Hospitals and Clinics, Home Healthcare and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.” According to the report, the global spirometer industry garnered $1.07 billion in 2019, and is estimated to reach $1.47 billion by 2027, manifesting a CAGR of 3.5% from 2020 to 2027.

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Prime determinants of growth

Rise in incidences of respiratory diseases, technological advancements in spirometers, and growth in geriatric population fuel the global spirometer market. However, lack of awareness regarding respiratory diseases and availability of substitutes for spirometer restrain the market growth. On the other hand, growing preference for home healthcare and impact of covid-19 on the market create new opportunities in the coming years.

Covid-19 Scenario

As the spread of Coronavirus (COVID-19) persists throughout the global community, the key market players are supporting the health systems and healthcare professionals actively.
Respiratory diseases are among the leading causes of death across the globe. Furthermore, chronic obstructive pulmonary disease (COPD) is the third-most-leading cause of death. This has augmented the demand for spirometers.

Leading market players: SCHILLER, Hill-Rom, Inc., Midmark Corp., Vitalograph, COSMED srl, MGC Diagnostics Corporation, Smiths Medical, Vyaire Medical, Teleflex, NSPIRE HEALTH INC

The COPD segment to maintain its lead position during the forecast period

By application, the COPD segment contributed to the highest share in 2019, accounting for nearly three-fifths of the global spirometer market, and is expected to maintain its lead position during the forecast period. This is attributed to growth in prevalence of COPD across the globe and early diagnosis of COPD offered by spirometer. However, the asthma segment is estimated to witness the fastest CAGR of 4.0% from 2020 to 2027, owing to rise in incidences of asthma among the population.

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The table-top segment to continue its leadership status throughout the forecast period

By type, the table top segment accounted for the largest share in 2019, holding nearly four-fifths of the global spirometer market, and is projected to continue its leadership status throughout the forecast period. This is due to its characteristic of delivering precise results, coupled with higher number of installations in hospitals, clinics, and laboratories. However, the handheld segment is estimated to register the highest CAGR of 4.1% from 2020 to 2027, owing to rising demand for hand-held spirometer, along with bolstering expansion of the healthcare industry in countries, such as India, China, Mexico, and the U.S., is expected to propel the product demand in the extended run.

North America to dominate the market throughout the forecast period

Based on region, North America held the highest share in 2019, accounting for nearly two-fifths of the global spirometer market in terms of revenue, and is projected to maintain its dominance by 2027. Moreover, the Asia-Pacific region is expected to witness the largest CAGR of 4.2% during the forecast period. This is due to owing to expeditiously improving healthcare systems and rise in healthcare expenditure and awareness regarding benefits of this technology.

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Cultured Meat Market Expected To Be The Most Attractive Market During Upcoming Years

Cultured Meat Market to generate $1.64 million by 2021, and is expected to reach $2.78 billion by 2030, witnessing a CAGR of 95.8% from 2022 to 2030.

Upsurge in demand for alternative protein product and allergen free food and rise in concerns regarding animal welfare and environmental issues drive the growth of the global cultured meat market. However, high cost of productions and availability of healthier substitutes hinder the market growth. On the other hand, rise in supply-demand gap of conventional meat, rise in purchasing power, and changes in lifestyle and food habits present new opportunities in the next few years.

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Covid-19 Scenario

Growth in health concerns during the pandemic led to augmented demand for healthy food including cultured meat and related products. Also, the disrupted supply chain during the initial phase of the lockdown has immensely impacted the market in terms of sales. Nevertheless, the restrictions are getting lifted by the government bodies in various regions, which in turn would lead the market to recoup soon.

On the basis of distribution type, the red meat segment is expected to contribute to the highest market share, accounting for 91% of the global cultured meat market by 2021, and will maintain its lead position during the forecast period. This is due to popularity of the conventional red meat among the people and enormous benefits are associated with red meat consumption. However, the sea food segment is expected to witness the highest CAGR of 125.1% from 2022 to 2030. This is attributed to Increase in awareness regarding the benefits of seafood and change in dietary preferences of consumers.

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On the basis of distribution on end-user, the food service segment is expected to hold the highest share in 2021, contributing to 93% of the global cultured meat market, and is projected to maintain its highest contribution during the forecast period. This is attributed to increase in consumption of fast food and ready-to-eat food products. However, the household segment is expected to portray the fastest CAGR of 124.5% during the forecast period, owing to rise in disposable income, increase in awareness regarding the benefits of cultured meat, and upsurge in expenditure on premium food products.

On the basis of distribution on region, Asia-Pacific, followed by North America, accounted for the largest market share in terms of revenue in 2021, holding more than three-fifths of the global cultured meat market, and will maintain its leadership status by 2030. This is attributed to inclination of consumers toward animal well-being and against the slaughtering in countries such as China and Japan fosters the growth of the cultured meat market in the region. In addition, increase in health & fitness consciousness and recent innovative product launch by Eat Just further drives the growth in this province. However, Europe is expected to grow at the highest CAGR of 106.1% from 2022 to 2030, owing to growing concern about the animal welfare and demand for alternative protein.

The global Cultured Meat market report includes an in-depth analysis of the prime market players such as Aleph Farms Ltd, Cubiq Foods S.L., Future Meat Technologies, Meatable B.V, Mission Barns , Memphis Meats , Mosa Meat BV, Redefine Meat, Vow Group Pty Ltd.

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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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Energy Drinks Market by Revenue, Key Companies and Forecast to 2031

Energy Drinks Market by Type (Alcoholic, Nonalcoholic), by End User (Kids, Adults, Teenagers), : Global Opportunity Analysis and Industry Forecast, 2020-2031″. As per the report, the global energy drinks industry was pegged at $45.8 billion in 2020, and is estimated to reach $108.4 billion by 2031, growing at a CAGR of 8.2% from 2022 to 2031.

Rise in health consciousness, change in consumer lifestyle, and surge in demand for health wellness products have boosted the growth of the global energy drinks market. However, caffeine overdose may cause nausea, hypertension, and restlessness. This factor hinders the market growth. On the contrary, consumer preference toward consumption of beverages would open new opportunities in the future.

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Covid-19 scenario:

The Covid-19 pandemic disrupted the supply chain. Dearth of labor and prolonged lockdown created challenges in manufacturing facilities and procurement of raw materials. Moreover, as several sport activities post posed due to pandemic, the demand for energy drinks declined.

By type, the nonalcoholic segment is estimated to register the highest CAGR of 8.3% during the forecast period. In addition, the segment dominated the market in terms of revenue, contributing to more than half of the global energy drinks market in 2020, due to presence of caffeine in nonalcoholic energy drinks that increase alertness and elevate mood. The report includes an analysis of the alcoholic segment.

By end user, the adults segment held the largest share in 2020, contributing to nearly half of the global energy drinks market. In addition, the segment is estimated to register the highest CAGR of 8.5% during the forecast period, owing to increase in consumption of energy drinks by working adults to maintain a healthy lifestyle. The report includes an analysis of the kids and teenagers segments.

By region, the market across North America held the largest share in 2020, accounting for around one-third of the market, due to rise in health concerns and surge in awareness toward the benefits of consuming energy drinks. However, the global energy drinks market across Asia-Pacific is projected to portray the highest CAGR of 8.8% during the forecast period, due to easy availability of energy drinks in several platforms from modern trade to online sales channel.

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The major companies profiled in the report include are Red Bull, Monster Beverage Corporation, Rockstar Inc., The Coca-Cola Company, PepsiCo, Arizona Beverage Company, National Beverage Corp., Dr. Pepper Snapple Group, Living Essentials, and Cloud 9.

About us:

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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Feminine Hygiene Products Market Expected to Reach $68.7 Billion by 2030

The feminine hygiene products market demand is expected to increase during the forecast period. This is attributable to rising number of working women population across the globe along with rising consumer awareness towards maintaining personal hygiene which is creating demand for feminine hygiene products among female consumers across the globe
According to a new report published by Allied Market Research, titled, “Global feminine hygiene products market by nature, product type, distribution channel, and region: global opportunity analysis and industry forecast, 2021–2030,”

The global feminine hygiene products market was valued at $38.9 billion in 2020, and is projected to reach $68.7 billion by 2030, registering a CAGR of 6.1% from 2021 to 2030.Feminine hygiene products are type of personal care products, used majorly during menstruation. These products are also used to, remove unwanted hair, and others. Moreover, increase in disposable income of consumers in developed countries leads to rise in demand for premium products. This results into greater adoption of sanitary protection products among women. Moreover, to avoid negative impacts on the environment due to disposal of sanitary waste, women are demanding biodegradable, compostable, and eco-friendly sanitary products. This offers a lucrative opportunity for manufacturers to invest in the production of such innovative products and strengthen their market position.

The outbreak of coronavirus has minimal impact on the feminine hygiene products industry along with all stages of supply chain and value chain. Presently, the supply chain is far more complex as compared to what it was a decade ago. The COVID-19 pandemic has not only hampered production facilities but also disrupted supply chains such as material suppliers and distributors of the feminine hygiene products market globally.

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Furthermore, increase in level of consumer education and growth in awareness about alternative hygiene products such as tampons and panty liners have led to an increase in demand for these products in the developing countries. Moreover, various types of retail format such as departmental stores, super markets, and specialty stores have propelled the demand for tampons in developing countries. Therefore, increase in demand for tampons and panty liners in developing countries provide lucrative opportunity for global players to gain foothold in this market.
The feminine hygiene products market is expected to increase during the forecast period. This is attributable to rise in number of working women population across the globe. There is increase in demand for feminine hygiene products among female customers across the globe along with an increase in consumer awareness and need for personal hygiene.

The feminine hygiene products market is categorized into nature, product type, distribution channel, and region. By nature, it is classified into disposable and reusable. By product type, it is divided into sanitary pads, tampons & menstrual cup, panty liners & shields, internal cleansers & sprays, and disposable razors & blades. By distribution channel, it is segregated into supermarkets/hypermarkets, pharmacy, online stores, and others. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, Japan, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina, and Rest of LAMEA).

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Key findings of the study
By nature, the disposable segment accounted for the highest market share in 2020, growing at a CAGR of 5.7% from 2021 to 2030.
By product type, the sanitary pads segment accounted for the highest feminine hygiene products market share in 2020, growing at a CAGR of 5.0% from 2021 to 2030.
By distribution channel, the supermarket/hypermarket segment accounted for the highest market share in 2020, growing at a CAGR of 5.5% from 2021 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 feminine hygiene products market forecast period.

Companies can operate their business in highly competitive market by launching new products or updated versions of existing products. In the recent past, many leading players opted for product launch, acquisition and collaboration as a business strategy to strengthen their foothold in the feminine hygiene products market. To understand the key feminine hygiene products market trends of the market, strategies of leading players are analyzed in the report.

Some of the key players in the feminine hygiene products market analysis includes Edgewell Personal Care Company, First Quality Enterprises, Incorporation, Hengan International Group Co. Limited, Johnson & Johnson, Kao Corporation, Kimberly-Clark Corporation, Procter & Gamble Company, Svenska Cellulosa Aktiebolaget (Essity Aktiebolag, Unicharm Corporation and Unilever plc.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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