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Surge in entrepreneurship and work from home, growth in urbanization, and rise in inclination of customers toward multi-function furniture drive the growth of the global home office furniture market. However, increase in the cost of raw material and environmental restriction related to deforestation hinder the market growth. On the other hand, development of eco-friendly raw material and surge in e-commerce sales present new opportunities in the coming years.

According to the report published by Allied Market Research, the global home office furniture market generated $3.03 billion in 2020, and is expected to reach $7.61 billion by 2030, witnessing at a CAGR of 8.8% from 2021 to 2030. The report offers a detailed analysis of changing market dynamics, key investment pockets, top segments, value chain, regional scenario, and competitive landscape.

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Covid-19 Scenario:

• The outbreak of covid-19 impacted the manufacturing processes and supply chain management during the initial phase. Also, consumer discretionary spending has been minimized, and businesses have noticed a behavioral shift toward safer and more durable products.
• The trend of work from home, however, has supported the market positively. At the same time, the initiatives for relaxing the regulations by the government bodies have helped the manufacturers and market players to retain their sale structures.

The report offers detailed segmentation of the global home office furniture market based on product type, material type, price range, distribution channel, and region.

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Based on product type, the table segment contributed to the highest share in 2020, accounting for more than two-fifths of the total share, and is estimated to continue its leadership status during the forecast period. However, the seating segment is expected to portray the highest CAGR of 9.8% from 2021 to 2030.

Based on material type, the wood segment accounted for the highest share in 2020, holding nearly half of the global home office furniture market, and is estimated to continue its dominance during the forecast period. However, the plastic segment is projected to manifest the largest CAGR of 10.1% from 2021 to 2030.

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Based on region, Europe held the highest share in terms of revenue in 2020, accounting for nearly two-fifths of the total share, and is expected to continue its lead position by 2030. However, the region across Asia-Pacific is projected to witness the fastest CAGR of 10.7% during the forecast period. The research also analyzes regions including North America and LAMEA.

Leading players of the global home office furniture market analyzed in the research include Steelcase, Inc., Masco Corporation, HNI Corporation, Haworth, Inc., Inter IKEA Systems BV, L & J.G. STICKLEY, Inc., Kimball International, Inc., Okamura Corporation, Basset Furniture Industries, and Durham Furniture, Inc.

About Us

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

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Rise in air pollution, increase in number of millennials, and surge in disposable income among individuals drive the growth of the global onion oil market. Based on nature, the conventional segment accounted for the major share in 2020. By region, on the other hand, the market across Asia-Pacific would manifest the fastest CAGR by 2030.

According to the report published by Allied Market Research, the global onion oil market was estimated at $40.2 million in 2020 and is expected to hit $112.6 million by 2030, registering a CAGR of 10.9% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

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Key market players operating in the onion oil market have adopted key developmental strategies such as product launch to fuel demand for onion oil in the market, in terms of value sales. In addition, they have also emphasized on continuous innovations in their products to maintain a strong foothold in the market and to boost onion oil demand globally. In addition, to cater to the rising needs from the beauty conscious consumers, manufacturers are continuously developing innovative onion oil for both home use and commercial use.

CXOs further added that rising hair related issues such as hair loss, baldness, itchy scalp and other problems among individuals as well as working class professionals propels growth of the onion oil market. The industry has recently observed an emerging trend of men using hair care products to enhance their physical appearance and resolve their hair related problems. Use of onion oil by male consumers is expected to eventually increase and in turn supplement growth of the global onion oil market in terms of value sales.

Moreover, hair care products including onion oil have witnessed prominent adoption in the developing as well as developed countries such as India, Australia and others, owing to swift change in consumer lifestyle, increase in disposable income, and surge in need for hair care products that’s aid in rejuvenating the skin and preventing hair loss and others. Furthermore, increase in penetration of various online portals globally and rise in number of offers or discounts attract large consumer base to purchase onion oil through online channels. Moreover, online sales channel has increased consumer reach, making it key source of revenue for many companies.

The global onion oil market is analyzed across nature, end user, distribution channel, and region. Based on nature, the conventional segment accounted for the major share in 2020, holding 87% of the global market. The organic segment, however, would exhibit the fastest CAGR of 12.6% throughout the forecast period.

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Based on end user, the women segment generated the highest share in 2020, accounting for around two-thirds of the global market. The men segment, on the other hand, would cite the fastest CAGR of 11.2% from 2021 to 2030.

Based on region, the market across Asia-Pacific held the lion’s share in 2020, garnering more than one-third of the global market. The Europe region, simultaneously, is expected to cite the fastest CAGR of 12.7% by the end of 2030. The other provinces studied in the report include North America and LAMEA.

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The key market players analyzed in the global onion oil market report include Authentic Oil Co., Au Natural Organics, Honasa Consumer Pvt. Ltd.(Mama Earth), TNW International Pvt. Ltd. Alphanso Products Private Limited, Essentially Australia, Hindustan Hills, Luxura Business Private Limited, Meena Perfumery, and Soulflower India Private Limited. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

Key Benefits for Stakeholders

• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global onion oil market from 2020 to 2030 to identify the prevailing market opportunities.
• The key countries in all the major regions are mapped based on their market share.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
• The report includes the analysis of the regional as well as global onion oil market, key players, market segments, end use, and growth strategies.

Key findings of the study

• By nature, the conventional segment accounted for the highest market share in 2020, growing at a significant CAGR from 2020 to 2030.
• By end user, the female segment accounted for the highest onion oils market share in 2020, growing at a CAGR of 10.7% from 2020 to 2030.
• By distribution channel, the supermarket/hypermarket segment accounted for the highest market share in 2020, growing at a CAGR of 10.3% from 2020 to 2030.
• By Region, North America occupied the maximum share in the market in 2020 and is expected to be the dominating segment during the onion oils market forecast period.

As per the report published by Allied Market Research, the global functional pet food market was accounted for $1.95 billion in 2020, and is expected to garner $4.67 billion by 2030, growing at a CAGR of 8.8% from 2021 to 2030.

Surge in trend of pet humanization, the growth of the retail sector and pet shops, and rise in awareness regarding pet health drive the growth of the global functional pet food market. However, lack of awareness regarding the benefits of functional pet food, surge in regulations on pet food, and traditional ways of feeding pet animals hinder the market growth. On the contrary, rapid product innovation, demand for organic application, surge in e-commerce sales and pet ownership in developing countries would open lucrative opportunities for the market players in the future.

The market across North America held the largest share in 2020, accounting for more than one-third of the market. The Covid-19 pandemic positively affected the demand for functional pet foods owing to surge in pet humanization and rise in pet adoption for companionship.

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Covid-19 scenario:

• The Covid-19 pandemic positively affected the demand for functional pet foods owing to surge in pet humanization and rise in pet adoption for companionship.
• Moreover, people have become more concerned regarding the health of pets due to the Covid-19 outbreak, which supplemented the demand for functional pet food.
• The global functional pet food market is segmented on the basis of pet, source, application, distribution channel, and region.

Based on pet, the dog segment held the largest share in 2020, accounting for more than two-thirds of the market. However, the cat segment is expected to register the highest CAGR of 9.6% during the forecast period.

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On the basis of application, the brain health segment is projected to manifest the highest CAGR of 12.2% during the forecast period. However, the obesity segment held the lion’s share in 2020, contributing to more than one-fifth of the market.

The global functional pet food market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2020, accounting for more than one-third of the market. However, the market across Asia-Pacific is estimated to portray the highest CAGR of 10.6% from 2021 to 2030.

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The global functional pet food market includes an in-depth analysis of the prime market players such as Kerry Group, DAR PRO Ingredients, The Scoular Company, Archer-Daniels-Midland Company, Isonova Technologies LLC, Roquette Frères, Nestlé Purina PetCare Company, PDM Group (Prosper De Mulder Ltd), Bacterfield, and Petcurean Pet Nutrition USA Inc.

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About Us:

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

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.

According to a new report published by Allied Market Research, titled, “Fabric Toys Market by Product Type, Age Group and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030,”The fabric toys market size is expected to reach $14,291.90 million by 2030, registering a CAGR of 3.3% from 2021 to 2030.

Fabric doll play significant role in childhood and it can be children’s companion while the children grows. Doraemon, tom and jerry, chota bhim are some of the cartoon shows have gained major popularity among the children, so children gets influenced by these shows and they wish to buy character fabric toys. Furthermore, rise in demand for customizable fabric toys is further accelerate the growth of the market. Toys including fabric toys keeps children occupied is one of the reason why parents purchase toys for their kids. Furthermore, fabric toys are made from sustainable materials such as wool, cotton and organic fabric, which does affect the health of the children.

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According to the fabric toys market analysis, the market segmented into type, product type, distribution channel, age group and region. On the basis of product type, the market is categorized into character soft toys, plush animals, dolls and others. On the basis of age group, the market is segmented into, upto 5 years, 5 to 10 years and above 10 years. By distribution channel, market is categorized into, hypermarket/supermarket, specialty stores, departmental stores, online channels and Other. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, Japan, ASEAN, Australia and Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa and Rest of LAMEA).

On the basis of product type, dolls segment has been gaining significant share in global fabric toys market and is estimated to reach $2,166.50 million by 2030 at a CAGR of 4.3%. Engaged players in the industry are introducing new product lines in the doll segment. For instance, Jada Toys, a leading global toy manufacturer, announced today the launch of their newest line, B-Kind, an eco-friendly doll line that promotes positive messages of kindness and inspires kids to be creative and compassionate. The line features five, 12.25-inch dolls – Brianna, Koral, Ivy, Nora, and Daisy – all of which are eco-friendly, from the recycled materials with which they are made.

According to the fabric toys market forecast, on the basis of age group, the above 10 years segment accounted for around 14.0% market share in 2020, with and is expected to grow at CAGR of 4.3% during the forecast period. Cartons such as Doraemon, Spiderman, Mickey Mouse, and Mr. Bean have been gaining considerable popularity among the children above 10 years age group.

According to the fabric toys market trends, on the basis of distribution channel, the specialty stores segment was the highest contributor to the market, with $3,449.30 million in 2020, and is estimated to reach $4,267.44 million by 2030, at a CAGR of 2.2% during the forecast period. Some of manufacturers set up their franchisee stores, which are also considered in the specialty stores segment. Manufacturers carry out different types of promotional events in the view of generating sales through such stores such as discount offers, seasonal pricing strategies, customer loyalty programs, and others. Thus, some of key marketing as well as pricing strategies adopted by specialty stores management, help drive the growth of the segment in terms of value sales.

According to the fabric toys market opportunities, region wise, Asia-Pacific market is expected to witness significant growth at a CAGR of 4.0% during the forecast period. Asia-Pacific is the fastest growing and developing region with numerous emerging economies, including but not limited to India, China, Vietnam, and Indonesia.

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The players operating in the fabric toys industry have adopted product launch and business expansion as their key developmental strategies to expand their market, increase profitability, and remain competitive in the market. The key players profiled in this report include HASBRO, Safari Ltd., Mattel, Inc., Build-A-Bear Workshop, Inc., Lego System A/S, Sanrio Co., Ltd, RAVENSBURGER AG, Goliath Games, CLEMENTONI and Tomy Company, Ltd.

Key Findings Of The Study

• The fabric toys market size was valued at $10,417.20 million in 2020, and is estimated to reach $14,291.90 million by 2030, registering a CAGR of 3.3% from 2021 to 2030.
• By type, the plush animals segment is estimated to witness the significant growth, registering a CAGR of 3.8% during the forecast period.
• By age group, the 5 to 10 years segment is estimated to witness the significant growth, registering a CAGR of 3.7% during the forecast period.
• In 2020, depending on distribution channel, the departmental stores segment was valued at $2,138.00 million, accounting for 20.5% of the global fabric toys market share.
• In 2020, the US was the most prominent market in North America, and is projected to reach $3,564.81 million by 2030, growing at a CAGR of 2.9% during the forecast period.

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About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities

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According to a new report published by Allied Market Research, titled, “South Asia Kids Toys Market by Product, Age Group, Sales Channel, and Sales Channel: Regional Opportunity Analysis and Industry Forecast, 2021–2030,”

The increase in demand for strategy-based and educational toys among children drives the growth of the South Asia kids toys market. The number of kids is expected to increase in the coming years and positively impact the South Asia kids toys market growth. The World Bank estimates that approximately 25.6% of the global population is under the age of 14. Large consumer base and expanding young population in developing countries, such as India, propel the demand for toys especially in the South Asia region.

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The South Asia kids toys market size was valued at $6,661.8 million in 2020, and is projected to reach $10,996.3 million by 2030, registering a CAGR of 5.4% from 2021 to 2030.

The increase in number of games bars, cafes, and family entertainment centers is boosting the demand for toys and games. These family entertainment centers, game bars, and cafes are witnessing high traction and gained remarkable popularity across the region in the course of recent years. The quick expansion of games in cafes is encouraging children as well as adults to learn new games along with connecting each other for meaningful social interactions. The increase in number of these cafes and entertainment centers cater to both kids and adults, which help generate high revenues for the players operating in the South Asia kids toys market.

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Engaged players in the industry are striving to make more environment-conscious decisions about their product portfolio, especially in terms of toys packaging. The players are focusing on minimalistic usage of plastic in their products. A plethora of initiatives have been launched in the past few years ranging from adopting recycled packaging materials and minimal packaging to adopting bio-based plastics instead of their petroleum counterpart. Such practices adopted by the players pave the way for more sustainable and environment-friendly products in the future.

The South Asia kids toys industry has been impacted profoundly amidst the outbreak of the coronavirus. The outbreak was first witnessed in China resulting in lockdown and ceasing of production activities across the world. The demand for toys and games is expected to slightly taper across the South Asia, owing to supply chain disruptions and closure of playgroup schools, kids play centers, & entertainment across the region.

The demand for stuffed and plush toys is expected to rise due to an increase in the number of regional events and occasions. Birthdays, Valentine’s Day, Christmas, and New Year’s Eve are just a few of the events that will continue to drive sales of toys in the market. Manufacturers are focusing on offering festive toys in the market as the number of traditional occasions increases. Furthermore, an increase in the number of puppet shows is expected to boost sales in the South Asia kids toys market.

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The rising domestic demand for toys is also being fueled by the strong economic growth and rise in disposable incomes. The region’s middle-class population has grown rapidly. Consumers now have more disposable income, and their spending habits have shifted. As a result, there has been a significant shift away from traditional, medium- to low-end battery-operated toys and toward innovative electronic toys, intelligent toys, and premium plush toys. These South Asia kids toys market trends are creating South Asia kids toys market opportunities during the South Asia kids toys market forecast.

However, the growing popularity of online gaming and the impact of certain toys on children’s minds are expected to limit the South Asia kids toys market growth. The popularity of online gaming has risen significantly. The popularity of these games is being boosted by live streaming and social media platforms. Furthermore, certain toys, such as action figures from violent movies, are thought to have a negative impact on children’s brains. These factors are expected to hinder the market growth.

The growing requirement to comply with various regulations is expected to have a significant impact on the growth of the South Asian kids toys market. Several federal and state regulations have been imposed, resulting in rigorous testing of the toys prior to their release. Toys sold in India must be certified by the Bureau of Indian Standards (BIS). The certification will bear the standard mark under a license granted by the Bureau, in accordance with Scheme-I of Schedule-II of the BIS (Conformity Assessment) Regulations, 2018. These regulations are expected to impede the growth of the South Asia kids toys market.

The South Asia kids toys market is segmented on the basis of product, age group, sales channel, and countries. By product, the market is classified into action figures, building sets, dolls, games and puzzles, sports & outdoor toys, plush, and others. By age group, it is studied across up to 5 years, 5 to 10 years, and above 10 years.

By sales channel, the market is divided into hypermarket/supermarket, specialty stores, departmental stores, online channels, and others. By countries, the market is analyzed across India, Sri Lanka, Pakistan, Bangladesh, and the rest of South Asia.

Some of the key players profiled in the South Asia kids toys market analysis include the LEGO Group, Hasbro Inc., Mattel Inc., Funskool, Brainsmith, Sri Toys International, Tikiri Toys, Masoom Playmates, Shinsei, Zephyr Toymakers Pvt. Ltd.

Key findings of the study

• By country, India is anticipated to grow at a robust CAGR of 5.7% during the forecast period.
• By product, the dolls segment led in terms of market share in 2020, and is expected to gain market share in the coming years.
• By age group, the 5 to 10 years segment dominate the market in 2020, and is poised to grow at the highest CAGR during the forecast period.
• By sales channel, the online channels segment is expected to gain highest South Asia kids toys market share in the coming years, and is estimated to grow at a CAGR of 5.5% during the forecast period.

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According to a new report published by Allied Market Research, titled, “Apple cider vinegar market by product type, application: global opportunity analysis and industry forecast, 2021–2030,” The global apple cider vinegar market size was valued at $838.9 million in 2020, and is projected to reach $1,819.4 million by 2030, registering a CAGR of 8.1% from 2021 to 2030. Apple cider vinegar is a type of fermented vinegar which is prepared by using apples. From the past few years, there has been rise in the demand for apple cider vinegar majorly among the health conscious consumers. This is attributable to its benefit of helping in weight loss, immunity boosting power and others. This in turn is driving the growth of the apple cider vinegar market in terms of value sales.

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Apple cider vinegar has anti-inflammatory properties and consists of alpha hydroxyl acid and acetic acid. Thus, it can absorb excess oil from the skin, unplugged the blocked pores, helps in restoring the PH level of the skin and others. This in turn has increases its use in cosmetics products by the manufacturers. Thereby, driving the demand for apple cider vinegar from various industries contributing in driving the apple cider vinegar market growth in terms of value sales.

The outbreak of coronavirus has positively impacted the apple cider vinegar industry along with all stages of supply chain and value chain. During this COVID-19 outbreak, consumers were more concerned about their overall health & wellness. This is attributed to the fact that they acknowledged that COVID-19 is impacting their mental & physical well-being which in turn has driven the demand for apple cider vinegar globally.

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The global Apple cider vinegar market is segmented are categorized into nature, form, distribution channel and region. By nature, it is classified into organic and conventional. By form the market is categorized into liquid and others. By distribution channel, it is divided supermarket/hypermarket, specialty store, online store and others. Region wise, the apple cider vinegar market is analyzed across North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, South Korea, ASEAN and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina and Rest of LAMEA).

Key findings of the study

By nature, the conventional segment accounted for the highest share in 2020, growing at a CAGR of xx% from 2021 to 2030.
By form, the commercial segment accounted for the highest Apple cider vinegar market in 2020, growing at a CAGR of xx% from 2021 to 2030.
By distribution channel, the supermarket/hypermarket segment accounted for the highest Apple cider vinegar market share in 2020, growing at a CAGR of xx% from 2021 to 2030.
By region, North America occupied the maximum share in the market in 2020 and is expected to be the dominating segment during the Apple cider vinegar market forecast period.

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Companies can operate their business in highly competitive market by launching new products or updated versions of existing products. Agreement with key stakeholders is expected to be a key strategy to sustain in the market. In the recent past, many leading players opted for product launch strategies to strengthen their foothold in the market. To understand the key apple cider vinegar market trends, strategies of leading players are analyzed in the report. Some of the key players in the apple cider vinegar market analysis includes Aspall, Pepsico Inc., Barnes Natural Pty Ltd, The Kraft Heinz Company, Carl Kühne KG (GmbH & Co.), Molson Coors Beverage Company, Stonewall Kitchen, White House Foods, Lost Coast Food

Similar Report:

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About Us:

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

Contact:

David Correa
5933 NE Win Sivers Drive
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According to a new published report by Allied Market Research titled, “Wood Pulp Market by Type and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global wood pulp market was valued at $165.3 billion in 2020, and is projected to reach $242.1 billion by 2030, growing at a CAGR of 3.9% from 2021 to 2030.

Pulp is a clean, wood-based, renewable, and biodegradable raw material. It can be used to produce paper, tissue, board, and specialty paper, which makes them truly sustainable bio-based products. The type of wood, the wood species, determines the quality and properties of the pulp made from it and defines how suitable the pulp is for different products. Softwood gives different properties than hardwood. In the pulp and paper industry, softwood is especially wanted for its strength properties.

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Increase in use of pulp in the paper manufacturing sector boosts the global market growth. The use of wooden pulp in the manufacturing of furniture and the production of soft pieces used in the residential sector drive the growth of the market. Furthermore, rise in global demand for tissue paper is majorly used in kitchens, toilets, and households, which is expected to drive the market growth during the forecast period.

Furthermore, increase in usage of pulp & paper in various applications such as packaging, construction, hygienic paper, printing, and more. However, implementation of stringent environmental regulations regarding deforestation is anticipated to negatively impact the growth of the market for wood pulp in the coming years. Moreover, increase in energy and transportation costs are expected to hamper the growth of the global market.

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The global wood pulp market is segmented on the basis of type, end-use industry, and region.

Based on the type, the global wood pulp market is segmented into hardwood and softwood. The hardwood segment accounted for the largest share in 2020, is projected to grow at the highest CAGR of 4.3%.

The end-use industry of wood pulp market includes packaging, paper, and others. The packaging segment is further sub-segmented into food & beverages, pharmaceuticals, personal care & cosmetics, automotive, and others. The paper segment is further sub-segmented into newspaper, books & magazine, tissues, and others. The packaging segment accounted for the largest wood pulp market share in 2020, while the paper segment is projected to be the fastest growing segment at a CAGR of 4.4% during the forecast period.

Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for the largest share of the market in 2020 as well as was the fastest growing region. Asia-Pacific has a well-established and growing demand potential for pharmaceutical and cosmetic products.

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Key Findings Of The Study

On the basis of type, the hardwood segment emerged as the global leader by acquiring more than 60% of the market share in 2020, and is anticipated to continue this trend during the forecast period.
On the basis of end-use industry, the packaging segment accounted for more than 50% of the global market share in FY2020.
On the basis of region, Asia-Pacific is the major consumer of wood pulp among other regions. It accounted for around more than 40% of the global market share in 2020.

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The global wood pulp market is fragmented in nature with a few players, such as International Paper, Metsä Group, Nippon Paper, Oji Holdings Corporation, Sappi, Sonoco Products, Stora Enso, Svenska Cellulosa Aktiebolaget, UPM-Kymmene Corporation, and WestRock, which hold significant share of the market. These players have been adopting various strategies to gain higher share or to retain leading positions in the market.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 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. 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, “Cattle Feed Market by Cattle Type and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027,” The cattle feed market size was valued at $73.5 billion in 2019, and is projected to reach $78.3 billion by 2027, growing at a CAGR of 4.4 % from 2021 to 2027. Asia-Pacific dominated the cattle feed market analysis in 2019, accounting for nearly 42% of the total market share. The cattle feed market exhibits an incremental revenue opportunity of $4.7 billion from 2019 to 2027.

The cattle feed industry holds a substantial scope for the market growth. The market is currently in its maturity stage; however, its contribution to the global market is expected to increase significantly during the forecast period. Increase in demand for meat and meat products enforced the market to produce more meat and meat products made by various breeds of cattle. Growth of the global population and rise in per capita income boost the cattle feed market growth, thus increasing the production of beef. There is an increase in the demand for cattle feed with the rise in need of beef. Thus, the livestock operators are focusing on increasing the meat weight of cattle by feeding them specific feed. Change in consumer behavior in the meat and dairy segment and preference of consumers for various new types dairy items are expected to affect sales of animal feed in the coming years. Numerous players are entering the cattle feed market with innovative ideas and strategies. Emerging innovative feed types and feed produced by various healthy ingredients are expected to increase the market competition in the years to come.

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Growth in population in developing countries, such as China and India, has increased the demand for dairy products and meat products. This increase in population, coupled with per capita income has increased the demand for meat and meat based products, further boosting the production of animal feed and cattle feed indirectly. In emerging countries, per capita income is more as compared to the developed countries and hence, adoption of various meat products and dairy products is eventually higher.

The cattle feed market is segmented on the basis of cattle type, distribution channel, and region. By cattle type, it is categorized into beef and dairy. The dairy segment was the highest contributor to the market, with $41,599.1 million in 2019, and is estimated to reach $45,305.8 million by 2027, at a CAGR of 4.6% during the forecast period. The beef segment is estimated to reach $33,077.6 million by 2027 at a CAGR of 4.0%. The fastest growth of dairy segment is attributed by the increase in demand for specific feed made for dairy cattle from dairy cattle farmers.

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On the basis of distribution channel, the market is divided into offline and online sales channels. Region wise, the market is segmented into North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Africa, and rest of LAMEA). Asia-Pacific leads the global market, in terms of value, and is anticipated to continue to dominate its leading position throughout the forecast period. This is attributed to the highest population of cattle in India and surrounding countries.

Key Findings Of The Study

The beef cattle segment is expected to grow at a CAGR of 4.0% during the forecast period.
Asia-Pacific is anticipated to dominate the cattle feed market share, registering a CAGR of 5.0%
The offline segment is projected to contribute with highest market share during the forecast time period, with around 72% market share in 2027, and CAGR of 3.6%
The online distribution segment is anticipated to grow at very fast rate in the global cattle feed market forecast, with a CAGR of 6.4% during the forecast period.
The dairy segment is estimated to grow at a CAGR of 4.6% during the forecast period.

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The global market is fragmented with the presence of several market participants across various regions. The strong presence private label brands is giving tough competition to the global players. The key players operating in Global Cattle feed market include Archer Daniel Midland Company, BASF SE, Beijing Goke Agriculture Machinery Co., Ltd., Cargill, Inc., Charoen Pokphand Foods, J. R. Simplot Company, Kemin Industries, Land O’ Lakes Inc., Nutreco NV, And Provita Eurotech Ltd.

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About us:

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

Contact:

David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com