A Market Place Research – Page 2488

Chicken Flavor Market 2022 Break Down by Top Companies, Applications, Challenges|Givaudan, Innova, and Trailtopia Adventure Food

The chicken flavor market size was valued at $629.26 million in 2018, and is projected to reach $1,008.44 million by 2026, growing at a CAGR of 5.6% from 2019 to 2026.

Chicken Flavor Market by Form (Liquid and Powder) and End User (B2B and B2C): Global Opportunity Analysis and Industry Forecast 2019–2026

The global chicken flavor market has constantly witnessed high demand for ready-to-eat (RTE) and other convenience food products. Changing lifestyle and less time for household chores such as cooking fuel the demand for quick service restaurants. This is attributed to its advantages such as time saving and convenience.

Chicken flavor companies are adopting innovative techniques, which enhance the taste of food. In addition, manufacturers are focusing on aggressive and social marketing of Chicken flavor and their products, which boosts the growth of the market. The adoption of advanced technologies such as solid-liquid extraction (SLE), supercritical carbon dioxide extraction, supercritical fluid extraction, and others for manufacturing food flavors supplement the growth of the market.

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In the last decade, the global chicken flavor market has constantly witnessed high demand for RTE and other convenience food products. The application of advanced technologies helps innovate and produce new and interesting tastes in food. Technological strides make it possible to cater to the changing customer taste and help make chicken flavors and food products that meet the needs. Rise in income levels especially in the developing countries have triggered the demand for tastier and healthier food products.

However, studies have shown the adverse effects of aforementioned chemicals on thyroid, RNA, and enzymes. Artificial ingredients cause numerous problems, such as dizziness, nervous system depression, chest pain, fatigue, allergies, headaches, brain damage, nausea, and seizures. Some popular flavors can lead to tumors, genetic defects, and bladder cancer. These factors are expected to hamper the growth of global chicken flavor market. Thus, different governments across the globe have set up regulatory guidelines to regulate the global food flavor market. Such regulations, especially in Europe and North America, have led to massive growth of the food flavor industry, particularly synthetic flavors. There are regulations regarding the raw materials, their processing, ingredients used, and labelling of these products. These factors are expected to restrain the growth of the global chicken flavor market.

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Segment Review:

The global chicken flavor market is segmented on the basis of form, end user, and region. Based on form, the market is bifurcated into liquid and powder. Depending on end user, it is segmented into B2B and B2C. Among these, the powder segment accounted for a higher chicken flavor market share in 2018, owing to growth in chicken flavor market trends of health consciousness and consumer preferences toward taste. Along with urbanization, increase in disposable income of the global population and easy availability of flavors in powdered form due to retailers’ strong command in supply chain fuel the growth of the chicken flavor market forecast. Fostering consumption of meat products and ready-to-eat foods globally, especially in developing economies is likely to increase the chicken flavor market demand for powder form of flavors.

Major Players:

Some of the key companies profiled in the chicken flavor industry report include Kerry Group plc, Koninklijke DSM N.V., Sensient Technologies Corporation, Cargill, BASF, International Flavors & Fragrances Inc., Symrise, Givaudan, Innova, and Trailtopia Adventure Food.

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Key Findings of the Study:
Depending on form, the powder segment garnered 82.6% of chicken flavor market share in 2018, and is expected to grow at a CAGR of 5.40% from 2019 to 2026.
The liquid-based segment is expected to reach $187.74 million by 2026, registering a CAGR of 6.50%.
In 2018, based on end user, the B2B segment accounted for 72.0% share of the market, and is expected to growth at the highest CAGR of 5.30%.
The B2C segment is expected to reach $297.49 million by 2026, registering a CAGR of 6.30%.
Region wise, North America accounted for a prominent market share in 2018, and is anticipated to grow at a CAGR of 5.00% throughout the chicken flavor market analysis period.

North America and Europe are known to be the dominant regions in the chicken flavor market. North America has witnessed higher rate of traction for powder-based chicken flavor, owing to their increased demand from B2B chicken flavor market segment. Some of the key macroeconomic factors such as changing lifestyle, surge in per-capita, and preference of healthy food products also contribute to the overall growth 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 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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Plant-Based Beverage Market Growth, Trends, Demand, Supply and Forecast (2021 – 2030)- Rebel Kitchen, Organic Valley, Panos Brands LLC

The plant-based beverage market size was valued at $13,560 million in 2018, and is estimated to reach $22,448 million by 2026, registering a CAGR of 6.7% from 2019 to 2026.

Plant-Based Beverage Market by Source (Fruits, Nuts, Rice, Soy, and Others), Type (RTD Tea & Coffee, Plant-Based Milk, and Juices), and Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, and Online): Global Opportunity Analysis and Industry Forecast, 2019–2026

Plant-based beverage are drinks that can be used as a substitute for dairy. These beverages are derived from plants and are considered a very healthy alternative to dairy. Soymilk, rice milk, and almond milk are among the most popular choice for plant-based beverages worldwide. They are considered healthy, owing to presence of several essential vitamins and minerals. They are also low on fats, cholesterol, and has zero concentration of lactose.

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The factors that drive the plant-based beverage market growth include health benefits associated with consuming plant-based milk as they are high in micro and macronutrient content as well as low in fat and cholesterol content. Moreover, rise in fitness concerns among people in different regions also boost the market growth. In addition, increase in the number of lactose intolerant population, growth in trend of veganism, and rise in disposable income drive the market growth. However, increase in cost of raw materials due to unpredictable weather and high cost of production are expected to hamper the growth of the market during the forecast period. Moreover, rise in demand for alternatives to dairy by health-conscious consumers and frequent introduction of new flavors & variety are expected to provide numerous opportunities for the expansion of the plant-based beverage market.

Segment Review:

The plant-based beverage market is segmented on the basis of source, type, distribution channel, and region. By source, the market is divided into fruits, nuts, rice, soy, and others. On the basis of type, it is fragmented into RTD tea & coffee, plant-based milk, and juices. By distribution channel, it is categorized into hypermarkets & supermarkets, convenience stores, specialty stores, and online. Regionally, the plant-based beverage market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Major Players:

The key players in the plant-based beverage industry profiled in the report include WhiteWave Foods Company, Blue Diamond Growers, SunOpta Inc., Earth’s Own Food Inc., Living Harvest Foods Inc., Kikkoman Corporation, Rebel Kitchen, Organic Valley, Panos Brands LLC, The Hain Celestial Group Inc., and Eden Foods Inc.

Key Benefits for Stakeholders:
The report provides a quantitative analysis of the current dairy alternatives market trends, estimations, and dynamics of the market size from 2018 to 2026 to identify the prevailing opportunities.
Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
In-depth analysis and the market size and segmentation assists in determining the prevailing plant-based beverage market opportunities.
The major countries in each region are mapped according to their revenue contribution to the global market.
The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry.

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Table Of Content:

CHAPTER 1: INTRODUCTION

1.1. Key benefits for stakeholders
1.2. Key market segments
1.3. Research methodology

1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools and models

CHAPTER 2: MARKET OVERVIEW

2.1. Executive summary

2.1.1. Top investment pockets

2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Parent/peer market overview
3.3. Market evolution/Industry roadmap
3.4. Porter’s five force analysis…..continue

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Edge AI Market in Japan Ready to Hit $40.81 Billion by 2030, at CAGR of 20.0% Details Shared in the Report

Emergence of the 5G network to bring IT and telecom creates new opportunities in the coming years. Rise in enterprise workload on the cloud platforms, surge in demand for numerous intelligent applications, and trend toward smart wearable devices drive the growth of the Japan edge AI market.

Key industry players such as – Generic Solution, StockMark, Hacarus, Global Walkers, Cinnamon AI, Heroz, SoftBank, Tier IV, Preferred Networks, QuEST Global and others.

The Japan edge AI market generated $7.79billion in 2020, and is estimated to generate $40.81billion by 2030, witnessing a CAGR of 20.03% from 2021 to 2030.

The report offers detailed segmentation of the Japan edge AI market based on offering and end-user.

Based on end-user, the manufacturing/robotics segment accounted for the largest share in 2020, contributing to around one-fourth of the Japan edge AI industry. However, the smart life segment is expected to portray the largest CAGR of 24.73% from 2021 to 2030.

By offering, the hardware segment accounted for the largest share in 2020, contributing to nearly two-thirds of the Japan edge AI market. However, the services segment is projected to portray the highest CAGR of 24.55% from 2021 to 2030.

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Covid-19 scenario:

The healthcare sector in Japan has seen a significant and positive impact, as leading companies have begun to recognize the potential of edge AI software in the fight against COVID-19.
The edge AI market in Japan witnessed significant growth during COVID-19, owing to surge in demand for industrial automation across the Country.
However, project delays or cancellations and lack of availability of raw material during the COVID-19 pandemic had a major impact on the growth of Japan edge AI market.

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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Dancewear Market Worth $1.7 billion by 2022-2030 | Industry Size, Demand, Share, Business Growth, Top Key Players, Business Statistics and Research Methodology

The easy availability of various dancewear products is a major factor boosting the growth of the dancewear market. The discounts offered on dancewear items by online retailers are gaining the interest of the consumers.

According to a new report published by Allied Market Research, titled, “Dancewear Market,” The dancewear market size was valued at $1.1 billion in 2020, and is estimated to reach $1.7 billion by 2030, growing at a CAGR of 4.8% from 2021 to 2030. Dancewear is a type of clothing and footwear that comes in a variety of colors, fabrics, materials, sizes, and designs that are suitable for a certain range of dance genres. It is designed to suit aesthetic requirements while also increasing involvement in the dance is performed.

It has grown in popularity not just among mainstream superstars performing at events but also for dance schools, fitness studios, and Zumba classes. Dancewear is no longer restricted to old-fashioned garments worn just for dancing, it has been launched in athletic style, body fit designs, and enhanced textiles that may be worn for exercising and yoga activities. The dancewear industry has grown extremely competitive as many important companies are eager to introduce new trends, and fashion design start-ups are investing in dancewear in a variety of colors and styles. The availability of dancewear in a variety of vibrant colors, printed designs, geometric designs, increased fabric flexibility &comfort, ballet dancewear, customization of costumes, similar designs to those worn by mainstream dancers, and the availability of several artist collections have all contributed to the development of new dancewear market trends. Leading businesses are spending more on sustainable processes and higher quality dancewear. For instance, Zarely, a dancewear business, created a range of geometric patterns, asymmetric tops, a combination of classic & modern dancewear, and athleisure wear that can be worn as dancewear and any other occasion. The availability of high quality dancewear products is expected the fuel the dancewear market demand.

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However, the availability of counterfeit products affects the overall apparel industry and dancewear market growth. Counterfeits might lead to governments refusing to spend for fear of losing product protection. Moreover, they have a significant influence on companies since premium brands acquire their distinction from their reputation as well as the restricted amount accessible. Counterfeits contaminate the supply with similar-looking items of lesser quality and are not created with the same attention. Businesses suffer from a lack of IPR (Intellectual Property Rights) protection in more ways than one. It is not only a direct loss of income but also a loss of brand image. The use of a brand’s trademark attracts consumers to come and purchase the product at a very low price, as individuals are able to acquire the product that costs 5 to 10 times more in the market. A trademark is a company’s most precious asset, and counterfeit items take advantage of it. As a result, the growth of the dancewear sector is declining, and it may only revive if the government prohibits the sale of counterfeit goods.

The global dancewear market is segmented into product type, application, end user, distribution channel, and region. On the basis of type, the market is categorized into bodywear, footwear, and accessories. By application, it is segregated into theatres, concerts, entertainment Industry, and others. As per end user, it is fragmented into men, women and children. Depending on distribution channel, it is differentiated into specialty stores, online channels, hypermarkets/supermarkets, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, and rest of LAMEA).

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Key findings of the study
· On the basis of type, the bodywear segment is projected to witness the highest CAGR of 4.0%, in revenue terms, during the forecast period.
· By application, the others segment is expected to dominate the market from 2021 to 2030.
· Depending on end user, the women segment is projected to witness the highest share, in revenue terms, during the forecast period.
· As per distribution channel, the online channels segment is expected to grow at a significant CAGR during the forecast period.
· U.S. was the largest country, in terms of revenue generation for the dancewear market in 2020.
· Asia-Pacific is anticipated to witness the highest growth rate, registering a CAGR of 6.1% from 2021 to 2030.

Players operating in the global dancewear market have adopted various developmental strategies to expand their dancewear market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Ballet Makers, Inc, Bloch International, Bullet Pointe, LLC, Flo Dancewear Pty. Ltd, Grishko Dance S.R.O, Onward Holdings Co., Ltd., Provins Business Co. Ltd., Revolution Dancewear, LLC, SF DancegearWaterloo, and Wearmoi Dancewear.

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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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Smart Building Market in Asia-Pacific is Projected to Reach $78.72 Billion by 2030 – Exclusive Research Report by AMR

The integration of artificial intelligence in smart buildings and the rise in smart cities campaigns across the Asia-Pacific will create several market opportunities. The surge in the need for energy-efficient infrastructure, compatible standards and regulations for buildings smart buildings, and the increase in adoption of IoT-enabled building management systems propel the growth of the Asia-Pacific smart building market.

Key market players such as – ABB Ltd., Honeywell International Ltd, Intel Corporation, BOSCH, Siemens AG, Huawei Technologies Co. Ltd., Schneider Electric S.E., Hitachi Ltd, Cisco Systems, Inc., and IBM Corporation.

The smart building market in Asia-Pacific generated $17.56 billion in 2020 and is projected to reach $78.72 billion by 2030, exhibiting a CAGR of 16.1% from 2021 to 2030.

The report segments the Asia-Pacific smart building market on the basis of component, building type, solution type, and country.

Based on country, China contributed to the highest share in 2020, holding nearly one-third of the total share, and is expected to maintain dominance throughout the forecast period. On the other hand, India is expected to portray the fastest CAGR of 22.3% during the forecast period.

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Based on the component, the solution segment accounted for the largest market share in 2020, contributing to more than two-thirds of the total share, and is expected to maintain the lead throughout the forecast period. On the other hand, the services segment is estimated to witness the fastest CAGR of 17.6% from 2021 to 2030.

Based on the solution type, the security & emergency management segment contributed to the highest market share in 2020, contributing to more than one-third of the total market share. On the other hand, the energy management segment is expected to manifest the fastest CAGR of 19.1% from 2021-2030.

COVID-19 scenario:

The COVID-19 pandemic has moderately impacted the progress of the smart buildings market. Many commercial and residential smart buildings projects are paused because of rise in the number of COVID-19 patients in the Asia-Pacific.
Several key market players have introduced different solutions to minimize the impact of the COVID-19 outbreak and to boost the market share.
Due to the lockdown imposed by governments in most of the countries and the closure of organizations across the globe, the market is expected to witness a downfall for a short period.

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Adventure Tourism Market is Expected to Grow at a CAGR 20.1%; Market to Exceed $380,687 million by 2021-2028

According to a new report published by Allied Market Research, titled, “Adventure Tourism Market by Type, Activity, Type of Traveler, Age Group, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,” the global adventure tourism market size was valued at $586.3 billion in 2018, and is projected to reach $1,626.7 billion in 2026, registering a CAGR of 13.3% from 2019 to 2026.

Adventure tourism is a kind of niche tourism, which involves exploration or travel to remote exotic areas along with a significant degree of risk. It includes exceptional and challenging experience during the vacation, in which traveler interact with local population and connect with their core values. Adventure tourism includes numerous activities such as climbing, hunting, caving, cycling, rafting, hiking, and others.

The key players profiled in the adventure tourism market are Austin Adventures, Inc., G Adventures Inc., Mountain Travel Sobek, TUI AG., ROW Adventures, REI Adventures, InnerAsia Travel Group, Inc., Intrepid Group Limited, Butterfield & Robinson Management Services, Inc., and Abercrombie & Kent Group of Companies S.A.

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Over the past few years, adventure tourism industry has grown exponentially, globally. Furthermore, travelers are interested to visit undiscovered destinations for enjoyment. In addition, increase in government initiatives in the form of private and public partnership to promote tourism fuels the growth of the global adventure tourism market demand. However, risk involved in unpredictable weather condition and adventure travelling restricts the market growth. Moreover, increase in trend of social media is anticipated to provide great opportunity for the market growth, as Facebook has become the preferred social networking site among travelers to get the best travel deals.

The market is segmented on the basis of type, activity, type of travelers, age group, sales channel, and region. The adventure tourism market based on difficulty, risk & skill level, environment, sustainability, type of trip, physical activity & challenge, has been segment into three major segments, namely hard, soft, and others. Hard adventure tourism includes activities such as trekking, mountaineering, rock climbing, ice climbing, and caving. These activities possess high risk and require high level of specialized skills, and therefore this segment represents a small percentage of participation.

Based on activity, it is divided into land-based activity, water based-activity, and air-based activity. Depending on type of travelers, the adventure tourism market is fragmented into solo, friends/group, couple, and family. According to age group, it is categorized into below 30 years, 30-41 years, 42-49 years, and 50 years & above. The sales channel segment includes travel agent and direct. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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In 2018, the land-based activities segment was the leading revenue contributor to the global market. However, the air-based activities segment is expected to witness lucrative growth during the forecast period.

Key Findings of the Adventure Tourism Market :

In 2018, Europe dominated the global adventure tourism market share, it was more than one-third, in terms of value.
Asia-Pacific is estimated to witness the highest growth rate during the forecast period.
Soft adventure segment generated the highest revenue to the global market in 2026, and is expected to grow at a CAGR of 13.6% during adventure tourism market analysis period.
The land-based activity segment is estimated to register the highest growth rate, in terms of revenue, registering a CAGR of 13.3%.

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TABLE OF CONTENT :-

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Adventure tourism market snapshot
2.2.Key findings of the study
2.3.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Development of the global travel & tourism industry
3.4.1.2.Rise in disposable income
3.4.1.3.Pursuit of unique experiences to augment the tourism industry
3.4.1.4.Mobile applications, big data analytics, and artificial intelligence evolving together amidst proliferating tourism industry
3.4.1.5.High penetration of internet

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Bicycle Market to Attain Valuation of $ 28,667.3 million by 2027: AMR Study

increase in interest among people in bicycle events and surge in participation in sports & leisure activities are expected to boost growth of the bicycle sportswear market. Furthermore, upsurge in disposable income is expected to favor increase in sales of non-cargo electric bikes.

According to a new report published by Allied Market Research, titled, “Bicycle Market by Type, Sales Channel, and End User: Opportunity Analysis and Industry Forecast, 2021–2027,” The global bicycle market size was valued at $20,280.0 million in 2019. Furthermore, the bicycle market growth is projected to reach $28,667.3 million by 2027, registering a CAGR of 4.8% from 2021 to 2027. The non-cargo electric bike segment was the highest contributor to the market, with $12,712.4 million in 2019, and is estimated to reach $17,580.4 million by 2027, at a CAGR of 4.1% during the forecast period.

Bicycle sports is an ongoing trend in the market. Countries such as the U.S., Paris, and China are some of the leaders in bicycle sports. With surge in demand for bicycles, manufacturers are developing and elevating sports bikes that are light in weight, wheels with strong grip, strong breaks, and aerodynamic design, thus enhancing the cycling experience. In addition, sports bicycles are used in mountain riding and off-road riding as well. This not only promotes bike sports but also provides users with a thrill and adventurous experience. These bicycle trends leads to the rise in bicycle market demand.

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Moreover, bicycle sports provide career options as a coach, analyst, or as head of the bicycle association to bikers and athletes. Bicycle associations play a vital role in the growth of the global market. These associations share a common goal to promote and increase cycling worldwide. The World Association of Cycling Events (WACE) is one of the biggest bicycle association, which organizes various prestigious and largest bicycle events at a global level. These bicycle events include Cape Town Cycle Tour, TD Five Boro Bike Tour, Vatternunrnad, RideLondon, and Grant Fondo Campagnolo Roma. Thus, increase in bicycling events add to the popularity of these vehicles, which significantly contributes toward the growth of the global market.

Asia-Pacific has gained considerable traction in the bicycle market growth, and is expected to grow with 6.40% CAGR during the forecast period. This is attributed to emerging trends and preference toward bicycles in China, Japan, and India. The majority of the popularity is built by various bicycle events and tournaments. In addition, participation in bicycle sports and rallies is gradually increasing. These events and tournaments create hype for upcoming events by promotions. Promoting an event includes advertisement on billboards and celebrity endorsements.

Presently, rapid increase has been witnessed in rental bicycle services. From a business perspective, this idea is an innovative way for profit earning, as investment in this business is minimal in comparison to other rental motored vehicles. Furthermore, the maintenance of the bicycles is affordable, which motivates the new service provides to invest in this business. Moreover, from the customer’s point of view, tourists are benefitted the most, as rental bikes are affordable and easily available.

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The global bicycle market is segmented into type, sales channel, end user, and region. Depending on the type, the market is categorized into cargo electric bike, non-cargo electric bike, cargo nonelectric bike, non-cargo nonelectric bike. By sales channel, it is segregated into online platforms and physical stores. On the basis of end user, it is fragmented into men, women and kids. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Sweden, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Malaysia, Indonesia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

According to the bicycle market analysis, on the basis of type, the non-cargo electric bicycle market segment was the highest contributor to the market, with $12,712.4 million in 2019, and is estimated to reach $17,580.4 million by 2027, at a CAGR of 4.1% during the bicycle market forecast period. This is attributed to technological advancements in bicycles such as integration of durable batteries and designing bicycles with light fiber body materials.

By sales channel, the physical stores segment dominated the market in 2019, accounting for $17,628.1 million, and is estimated to reach $20,164.4 million by 2027, at a CAGR of 1.7%. This is attributed to the fact that customers can easily procure required products from physical stores. In addition, customers are given personal attention by the sales staff at these stores. Furthermore, the queries and issues are resolved immediately in physical stores.

Depending on end user, the men segment exhibited the highest growth in 2019, generating revenue of $8,990.5 million, and is estimated to reach $12,301.8 million by 2027, registering a CAGR of 4.0%. This is attributed to increase in interest of sports and leisure activities among men. Furthermore, in bicycle events, men athletes have witnessed higher fan following in comparison to women and kids.

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Key players in the bicycle industry have relied on strategies such as product launch and business expansion to expand their presence in the global market and to stay relevant. The key players in the bicycle market profiled in the report are Accell Group, Cervélo, Dorel Industries Inc., Giant Bicycles, Merida Industries Co., Ltd., Olympus Bikes, Scott Sports SA, Specialized Bicycle Components, Inc., Trek Bicycle Corporation, and Kona Bicycle Company.

Fitness Equipment Market Booming Worldwide by 2021 : Report Focusing on Opportunities, Drivers and Challenges ,keyplayers,Overview 2028

The global fitness equipment market is projected reach $14.8 billion by 2028, registering a CAGR of 3.3% from 2021 to 2028.

global demand for furniture is expected to increase, owing to rapid urbanization and high purchasing power of millennial generation. The residential segment dominates the market, owing to growing phase of infrastructure and the real estate market. Moreover, advance technology of manufacturing has lowered the cost and time for manufacturing. However, manufacturers believe that rise in raw material prices would have a long-term impact on the market and hamper growth of market during the forecast period

According to a new report published by Allied Market Research, titled, “global furniture market by type, distribution channel, and region: global opportunity analysis and industry forecast, 2020–2031,” the global furniture market size was valued at $ 5,56,367.80 million in 2020, and is projected to reach $ 8,77,438.20 million by 2031, registering a CAGR of 3.8% from 2022 to 2031. Furniture are objects used to support various human activities such as seating, eating, and sleeping. Furniture are also used to hold and position an object at certain required height either to store things or for aesthetic appeal. Depending on end use, furniture designs can be modified through machine-based processes and handcrafting. Furniture manufacturing involves highly skilled and creative professionals.

The residential segment in the furniture market is anticipated to have the highest market share during the forecast period. Rise in global economy has increased the spending capacity of consumers, which, in turn, has led to rise in sales of branded furniture items in the furniture market. Growing phase of the infrastructure and real estate market has led to rise in demand for residential furniture products in various country across the globe.

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The furniture market is driven by emerging new species of wood tree for furniture manufacturing and marketing through internet are some of the factors that are expected boost the market growth. Furthermore, the furniture market is driven by various factors such as rise in disposable income, growth of real estate and hospitality industries, and demand for luxury and premium furniture from certain consumer sections. In addition, increase in government investments in infrastructural development boosts demand for the furniture products in the residential and commercial sector in the future. Integration of internet of things into furniture products is projected to further escalate the furniture market growth. Moreover, development of automated manufacturing system is anticipated to have a significant impact on the industry during the forecast period. Furthermore, demand for versatile and multi-functional products that offer portability and can easily be accommodated in small spaces also drives the market growth.

The global furniture market is segmented on the basis of type, distribution channel, and region. By type, it is classified into RTA, residential, and commercial. The distribution channel comprises supermarkets & hypermarkets, specialty stores, e-commerce, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, Spain, the UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, the UAE, and rest of LAMEA)..

The commercial segment is expected to grow comparatively faster than other types witnessing a CAGR of 4.1%. Growth of the segment is driven by large enterprises, corporates, and even emerging small companies that are investing heavily in furnishing and interiors of office spaces to provide employees with comfortable and productive environments. Thus, vendors are designing office furniture that offers better comfort and minimizes stress. In addition, smart furniture is also gaining popularity.

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On the basis of region, the market is dominated by North America, particularly owing to large domestic demand coupled with rise in disposable income and change in lifestyle of consumer across the region. Moreover, integration of internet of things into furniture products and development of automated manufacturing system are anticipated to have a significant impact on the furniture industry during the forecast period. In addition, LAMEA is expected to witness a 4.1% CAGR during the forecast period.

Key findings of the study

By type, the residential segment accounted for the highest furniture market share in 2020, growing at a CAGR of 3.6% from 2022 to 2031.
By distribution, the specialty stores segment accounted for about 48.8% share of the furniture market share in 2020, and is expected to experience growth at CAGR of 3.5%.
Region wise, North America accounted for about 37.1% of the furniture market size in 2020, and is expected to grow at a CAGR of 3.6%.
By type, the commercial segment accounted for 29.3% market share in 2020, growing at a CAGR of 4.1% from 2022 to 2031.
Region wise, Asia-Pacific market and is expected to grow at the highest CAGR of 4.6%.

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The key players operating in the furniture industry are :-
ANTA SPORTS PRODUCTS LIMITED
CORE HEALTH & FITNESS, LLC
ICON HEALTH & FITNESS, INC.
IMPULSE HEALTH TECHNOLOGY CO., LTD.
JOHNSON HEALTH TECH. CO., LTD.
NAUTILUS, INC.
PELOTON INTERACTIVE INC.
TECHNOGYM S.P.A.
TORQUE FITNESS, LLC
TRUE FITNESS TECHNOLOGY, INC.

Main Offerings-

1. The report crafted by AMR on the Fitness Equipment Market doles out a wide-ranging study of global market share, key determinants of the growth, country-level stance, segmental assessment, market prospects, and the major trends.

2. Porter’s five forces model, on the other hand, cites the efficacy of buyers & sellers, which is important to help the market players implement fruitful stratagems. Furthermore, the research study includes,

– Threat of new competitors
– Threat of new stand-ins
– Bargaining clout of suppliers as well as consumers
– Rivalry among key players

3. An explicit analysis of the driving and restraining factors of the Fitness Equipment Market is also provided in the report.

At-Home Fitness Equipment Market 2021: Worldwide Industry Share, Size, Key Vendors, Growth Drivers, Regional, And Competitive Landscape Forecast To 2027

Cardiovascular fitness equipment with smarter workout tracking, and entertainment features are expected to attract more customers in developing countries such as India and China, due to price sensitivity. However, the developed markets are anticipated to be driven by high-end equipment with advanced and sophisticated user engagement and monitoring feature

According to a new report published by Allied Market Research, titled, “At-Home Fitness Equipment Market by Product Type, Distribution Channel, End User, and Price Point: Global Opportunity Analysis and Industry Forecast, 2021–2027,” the at-home fitness equipment market size is expected to reach $11,459 million by 2027 at a CAGR of 7.8% from 2021 to 2027.

Fitness equipment are widely used for physical fitness, weight management, and improving body stamina & muscular strength. The commonly used at-home fitness equipment are treadmills, stationary cycles, stair climbers, rowing machines, elliptical, and free weights. Rise in awareness regarding health & fitness, increase in obese population, government initiatives to promote healthy lifestyle, and increase in youth population are the major factors that drive the growth of the global at-home fitness equipment market. Moreover, upsurge in youth population, improved lifestyle, and rise in disposable income of individual in developing countries are anticipated to offer immense opportunities for the market players.

An alarming rise in global obesity, especially in urban areas, supplements the growth of the at-home fitness equipment market. According to WHO, in 2016, around 1.9 billion adults were overweight and of these around 650 million were obese. Obesity is associated to a number of health issues or disorders such as sudden cardiac arrest, hypertension, hypotension, and diabetes. Therefore, to lose weight, reduce stress, and improve blood circulation, obese people tend to use more of fitness equipment, thereby increasing the sales for these products.

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Further, the growing adoption of artificial intelligence (AI) and machine learning technology in the at-home fitness equipment is driving the global at-home fitness equipment market. It is expected that the AI based personal trainer is the upcoming trend in the at-home fitness equipment market. Tech giants such as Google and Apple are engaged in developing their smart wearable devices that can virtually guide and assist its users based on health data collection. This will boost the at-home fitness equipment market in future.

The global at-home fitness equipment market is segmented into product type, distribution channel, end user, price point, and region. Depending on product type, the at-home fitness equipment market is categorized into cardiovascular training equipment, free weights, and power racks. The cardiovascular training equipment segment is sub-segmented into treadmills, stationary cycles, rowing machines, and elliptical and others. By distribution channel, the global at-home fitness equipment market is segregated into dealers, online, retail, and gyms/clubs. The online segment is further segregated into direct distribution and 3rd party retailers. The retail segment is further fragmented into mass retailer and specialty retailer. By end user, the at-home fitness equipment market is segregated into households, apartment, and gym in apartment. By price point, the market is segmented into low, mid, and luxury.

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Companies can operate their business in highly competitive market by launching new products or updated versions of existing products. Partnership/collaboration 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 or partnership strategies to strengthen their foothold in the market. To understand the key trends of the market, strategies of leading players are analyzed in the report. Some of the key players in the fitness equipment market analysis includes Tonal Systems, Inc., ICON Health & Fitness, Inc., PENT, Technogym, Louis Vuitton, PELOTON, NOHrD, Nordic Track, ProForm, Precor, Inc., Schwinn, JTX Fitness, Keiser Corporation, Corepump, and York Barbell.Key findings

North America dominates in terms of at-home fitness equipment market share and is expected to retain its dominance during the forecast period.
In 2019, based on product type, the cardiovascular training equipment segment leads in terms of market share, and is expected to gain market share in the upcoming years
The free weights segment is poised to grow at highest CAGR during the forecast period.
Households segment is expected to gain market share in the upcoming years and is estimated to grow at a CAGR of 9.6% during the forecast period.
Based on region, Europe is anticipated to grow with robust CAGR of 7.6% during the forecast period.

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Herbal Toothcare Market Accurate and Detailed Industry Analysis and Forecast 2027- Allied Market Research

Herbal Toothcare Market : Global Opportunity Analysis and Industry Forecast, 2019–2026

According to a new report published by Allied Market Research, titled, “Herbal Toothcare Market by Type and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the global herbal toothcare market size was $1.6 billion in 2018, and is projected to reach $2.3 billion by 2026, registering a CAGR of 3.0% from 2019 to 2026.

Mechanical plaque removal has been a widely accepted method for controlling gingivitis and plaque. To control plaque as well as prevent and reduce oral disease, various chemical formulations are being used. Chemicals such as chlorhexidine gluconate, fluoride, and triclosan, are widely accepted in toothpastes to prevent gingivitis and plaque. However, chemical formulations at times lead to undesirable side effects such as tooth discoloration, altered taste, and tooth staining. Furthermore, fluoride is considered toxic when ingested in high levels. Consumers today have become more health conscious and to avoid the health problems caused by chemicals, a transition toward natural products has been seen in the last few years. As a result, herbal ingredients for toothcare have gained increased attention from the engaged stakeholders in the herbal toothcare industry.

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Herbal ingredients in toothcare products such as toothpastes and mouthwashes, have several benefits. Herbal ingredients such as echinacea have immune stimulatory property, chamomile has anti-inflammatory effect, myrrh is a natural antiseptic, rhatany and sage have anti-hemorrhagic properties, peppermint oil has antiseptic, analgesic & anti-inflammatory properties. Peelu is a natural tooth whitening fiber whereas guava extract relieves tooth pain. In addition, neem is widely used owing to its anti-bacterial properties, along with ginger, which imparts antiseptic properties. The natural ingredients encompass all the necessary properties required for maintaining oral hygiene and preventing dental caries.

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Often an allergic reaction is caused among consumers owing to the presence of synthetic flavoring agents or preservative ingredients. Common allergens include foaming agents, such as sodium lauryl sulfate, parabens, and fluoride. Presence of such allergens is expected to cause increased sensitivity of gums and teeth, rise in redness or swelling of tongue and lining of mouth, inflamed skin or chapped lips, body rash or hives, anaphylactic shock, or Angioedema. Herbal toothpaste may exert significant therapeutic effects on gingivitis and plaque when compared to conventional paste.

The global herbal toothcare market is segmented into type, sales channel, and region. By type, the market is studied across toothpaste, toothpowder, and mouth wash. By sales channel, it is classified into hypermarket/supermarket, independent stores, specialty stores, and online sales channels. Region wise, the herbal toothcare market is studied across North America, Europe, Asia-Pacific, and LAMEA.

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Key Findings of the Study:-
The toothpaste segment was the highest contributor to the global herbal toothcare market, with $1.4 billion in 2018, and is estimated to reach $2.0 billion by 2026, at a CAGR of 4.4% during the forecast period.
In 2018, by sales channel, the hypermarket/supermarket segment accounted for about half of the global market share in 2018, and is expected to grow at the CAGR of 4.4%.
By region, Asia-Pacific led in terms of herbal toothcare market share in 2018 and is expected to retain its dominance during the forecast period.
LAMEA is anticipated to grow with robust CAGR of 6.8% during the herbal toothcare market forecast period.

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Some of the key players in the herbal toothcare market analysis includes Procter & Gamble, Johnson & Johnson Services, Inc., Colgate-Palmolive Company, Unilever Group, GlaxoSmithKline PLC (GSK), Himalaya Herbals, Dabur International Ltd., Amway Corporation, Patanjali Ayurved Ltd., and Vicco Laboratories.

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