A Market Place Research – Page 2520

Plasma Welding Machine Market Expected to Reach $1,851.7 Mn by 2030 | Allied Market Research

global plasma welding machines market size was valued at $1,128.7 million in 2020, and is projected to reach $1,851.7 million by 2030, registering a CAGR of 4.9% from 2021 to 2030.

The plasma arc that can be isolated from the shielding gas envelope by placing the electrode in the torch body and subsequently it is constrained by forcing the plasma through a fine-bore copper nozzle. It is similar to tungsten inert gas welding, as the arc is formed in between a tungsten electrode and the metal. The workpiece is welded due to fusion. Tungsten gas arc welding and plasma arc welding are both regarded to be the same technique. In the industry, more efficient plasma welding equipment are being employed.

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However, owing to the implementation of global lockdown due to the outbreak of the global health crisis, numerous manufacturers in the global plasma welding machine market halted their production. Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has disrupted the supply chain, thereby increasing the supply–demand gap. This disruption has a direct impact on the sales of plasma welding machines. However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

To strengthen the market position, competitors in the plasma welding machine market adopt strategic moves such as product launching, mergers, acquisitions, and market initiatives. For instance, in November 2019, SAF-FRO has launched heavy-duty Prestotig 200 AC/DC plasma welding machine, which is ideal for critical TIG welding applications with four wave patterns, pulse, and adjustable balance & offset. Hence, these innovations in machines are expected to positively impact the plasma welding machine market growth.

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However, welding using manual method produces quicker, more reliable welds with less heat production. The mechanized method is more versatile and can be utilized in more applications than the gas tungsten arc method since it produces less heat. Steel tube is an important element of the exhaust system in automotive industries, hence, plasma arc welding is often used during manufacturing, as it requires less filler and penetrates well. Some medical equipment contain sealed components that can be damaged by excessive heat or noise. Hence, these applications and factors are expected to fuel up the plasma welding machine market in forecast period.

Key Findings Of The Study

The report provides an extensive analysis of the current and emerging plasma welding machine market trends and dynamics.
Depending on control, the mechanized dominated the plasma welding machine market, in terms of revenue in 2020.
By end user, the automotive segment registered highest revenue in 2020.
Asia-Pacific region is projected to register highest growth rate in the coming years.
The key players within the plasma welding machine market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the plasma welding machine industry.
The report provides an extensive analysis of the current trends and emerging opportunities of the market.

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Market players-

Air Liquide, Banner Welder, Inc., Carl Cloos Schweisstechnik GmbH, DAIHEN Corporation, EWM, Fronius International GmbH, Illinois Tools Works Inc, Panasonic Corporation, Technocrats Plasma Systems Private Limited, and voestalpine Böhler Welding GmbH..

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Reverse Vending Machine Market Expected to Reach $0.73 Billion by 2030 | AMR

global reverse vending machine market size was valued at $0.37 billion in 2020, and is expected to reach $0.73 billion by 2030, with a CAGR of 6.6% from 2021 to 2030. In 2020, Asia-Pacific region dominated the global market, in terms of revenue, accounting for around half share of the global reverse vending machine.

The report analyzes the global reverse vending machine market on the basis of product type, capacity, end user, and region. The product type covered in this report is metal recycling, plastic bottle recycling, and others. By capacity, the market is divided into less than 200 cans, 200-300 cans, 300-600 cans, and more than 600 cans. By end user, the market is divided into supermarkets, communities, and utilities. The market is driven by rise in environmental awareness has significantly fuels the demand for reverse vending machines for effective waste management, fuels the global reverse vending machine market growth.

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A rise in amount of waste generated in the municipal, residential, and industrial sector, is projected to increase in demand for reverse vending machine for effective waste management, drive the growth of the global reverse vending machine market. For instance, in 2020, according to the World Bank Group 2.01 billion tons of waste generated globally with at least 33% of that waste, which is not treated effectively. In addition, rise in use of reverse vending machine for reduce waste, and reduce recycling waste, which fuels the growth of the market. Increase in awareness among population towards saving and protect environment, which provides supplements for the growth of the global reverse vending machine market. One of the important factor global reverse vending machine industry is new machine installation and servicing of older machines.

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Reverse vending machine is a device used to collect the empty food container, and beverage container for recycling. This machine typically gives back a refund to the end user. Reverse vending machine is used to accepting plastic bottles, drink box, food boxes, metal cans, and aluminum cans. Reverse vending machine used in various end users such as retail outlets, supermarkets, hospitality, and airports.

Key Findings Of The Study

The report provides an extensive analysis of the current and emerging global reverse vending machine market trends and dynamics.
By product type, non-refillable segment dominated the market, in terms of revenue in 2020, and refillable segment is projected to grow at a CAGR of 6.9% during the forecast period.
By capacity, more than 600 cans segment registered highest growth in the global reverse vending machine market share in 2020.
By end user, supermarkets segment dominated the market, in terms of revenue in 2020, and communities segment is projected to grow at a significant CAGR of 7.2% during the forecast period.
The report provides an extensive analysis of the trends and emerging opportunities of the market.
In depth, the global reverse vending machine market analysis is conducted by constructing estimations for key segments between 2020 and 2030.

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Market players-

Sielaff GmbH & Co KG, Ake Environmental Technologies, Envipco Holding N.V., Endlos Innovations Private Limited, Tomra Sorting GmbH, Diebold Nixdorf, RVM Systems, Aco Recycling, Kansmacker Mfg, and Teraoka Seiko Co Ltd.

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Eucalyptus Oil Market Growth Rising at CAGR of 6.6% from 2021 to 2030

According to a new report published by Allied Market Research, titled, “Eucalyptus Oil Market by Nature, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global eucalyptus oil market size was valued at $135.5 million in 2020, and is projected to reach $252.0 million by 2030, registering a CAGR of 6.6% from 2021 to 2030. The conventional segment was the highest contributor to the market, with $72.9 million in 2020, and is estimated to reach $130.3 million by 2030, at a CAGR of 6.2% during the forecast period. The organic segment is estimated to reach $121.7 million by 2030 at a CAGR of 7.1%. Further Asia-Pacific is estimated to reach $71.8 million by 2030, at a significant CAGR of 8.0%. North America and Europe collectively accounted for around 69.4% share in 2020, with the former constituting around 40.3% share. Asia-Pacific and Europe are expected to witness considerable CAGRs of 8.0% and 6.9%, respectively, during the forecast period. The cumulative share of these two segments was 54.0% in 2020, and is anticipated to reach 58.5% by 2030.

Eucalyptus essential oil is extracted from Eucalyptus, a wide genus of flowering trees and shrubs, via steam distillation. Eucalyptus oil is a clear or pale yellow liquid. It has an aromatic and camphoraceous odor, as well as a strong, camphoraceous flavor and a chilly sensation. Cineole must make up at least 70.0 percent of the product. It is native to Australia, while some of its species can also be found in New Guinea and Indonesia. The Eucalyptus globulus, an evergreen tree that is one of Australia’s most frequently farmed species, is one of the main sources of eucalyptus essential oil. This tree is used in various industries which drives the eucalyptus oil market.

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For the sake of the analysis, the eucalyptus oil market is segmented on the basis of, nature, application, distribution channel, and region. By nature, the eucalyptus oil market is classified into organic and conventional. By application the market is divided into food & beverages, therapeutics & cosmetics, aromatherapy, and fragrances. By distribution channel, the global market is divided into hypermarkets/supermarkets, specialty stores, online channels, and others. By region, the market is studied across North America (U.S., Canada, & Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, Indonesia and the Rest of Asia Pacific) and LAMEA (Brazil, Argentina, South Africa, UAE, and the Rest of LAMEA).

Based on eucalyptus oil market trends by nature, the conventional segment accounted for the highest share in 2020. Eucalyptus is the world’s second-most-planted multipurpose woody tree species. It is a valuable hardwood tree for the paper and timber industries. Pesticides and fertilizers are used in traditional eucalyptus plantations, which results in high productivity and product availability on the market. Furthermore, as the usage of eucalyptus in many industries has grown, so has market demand, necessitating the immediate availability of eucalyptus crop. Natural insecticides and fertilizers have also become more popular, this has led to the rise in eucalyptus oil market growth in last few years.

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On the basis of application therapeutics & cosmetics segment accounted for the largest portion of the global eucalyptus oil market share in 2020, and is estimated to dominate the market throughout the forecast period. Growing cosmetics businesses’ efforts to replace chemical ingredients with natural products, as well as rising consumer awareness of natural cosmetics’ health benefits, should help the eucalyptus oil market thrive. Cineole or eucalyptol, tannins, and flavonoids are some of the natural compounds found in eucalyptus oil.

Region wise, Asia-Pacific was the fastest growing regional segment throughout forecast period, followed by Europe. North America hold the highest share in base year. China and the U.S. were the most prominent country accounting for a sizeable share in the global market.

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Key Findings Of The Study

On the basis of nature, the organic segment is projected to witness the highest CAGR of 7.1% in terms of revenue during the forecast period.
Depending on application, the aromatherapy segment is expected to dominate the market through 2021–2030.
By distribution channel, the hypermarkets/supermarkets segment occupied the largest market with maximum value share in 2020, and online segment is expected to grow at the significant CAGR during the forecast period.
U.S. is the largest country in terms of demand and production of eucalyptus oil in 2020.
Asia-Pacific is anticipated to witness the highest growth rate, registering a CAGR of 8.0% from 2021 to 2030.

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Key players in the eucalyptus oil market have relied on product launch as their key strategic move to stay relevant in the global market. The key players in the eucalyptus oil industry profiled in the report are Doterra International, LLC, Now Health Group, Inc., Young Living Essential Oils, LLC, NHR Organic Oils, Integria Healthcare (Australia) Pty Ltd., Plant Therapy Essential Oils, Biolandes SA, Emu Ridge Eucalyptus, Sensient Technologies Corporation, Symrise AG

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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.

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Multi-Factor Authentication Market Size is Projected to Reach $40 Billion by 2030 – Exclusive Research Report by AMR

Rise in internet applications and the flexibility of multifactor authentication solutions create new opportunities in the coming years. Rise in cyber-attacks during the Covid-19 pandemic, supportive government policies, and need for improved privacy drive the growth of the global multi-factor authentication market.

Key industry players such as – Microsoft, Onespan, Broadcom, Micro Focus, Okta, Rsa Security, Thales, Ping Identity, Duo Security (Cisco), and Hid Global.

The global multi-factor authentication market generated $10.30 billion in 2020, and is expected to reach $40.00 billion by 2030, witnessing a CAGR of 18% from 2021 to 2030.

The report offers detailed segmentation of the global multi-factor authentication market based on authentication type, model type, component, end user, and region.

Based on region, North America contributed to the highest share in 2020, accounting for around two-fifths of the total share, and is expected to continue its dominant share by 2030. However, Asia-Pacific is estimated to register the largest CAGR of 19.8% during the forecast period.

Based on authentication type, the password authentication segment accounted for the largest share in 2020, holding more than three-fourths of the total share, and is estimated to maintain its lead position during the forecast period. However, the passwordless authentication segment is projected to manifest the highest CAGR of 19.4% from 2021 to 2030.

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Based on end user, the military and defense segment accounted for the highest share in 2020, contributed to nearly one-third of the global multi-factor authentication market, and is expected to maintain its leadership status during the forecast period. However, the commercial security segment is projected to portray the fastest CAGR of 20.1% from 2021 to 2030.

Covid-19 Scenario:

Owing to a sudden increase in cyber-attacks during the Covid-19 pandemic, the demand for multi-factor authentication solutions rose and resulted in high profit margins for multi-factor authentication service providers.
According to a study by the security solutions provider F5 Labs, there has been nearly 220% surge in the number of phishing attacks since the first phase of lockdown in 2020. These instances led businesses to adopt enhanced security infrastructure.
The adoption of work from home and remote working culture increased among organizations. There has been rapid increase in cyber-criminal activities targeted on many organizations and their employees and customers. This resulted in demand for improved security for critical corporate assets.

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Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients 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. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Jalapeno Salt Market Boosting With CAGR of 6.6% from 2021 to 2030

According to a new report published by Allied Market Research, titled, “Jalapeno Salt Market,” The jalapeno salt market was valued at $965.10 million in 2020, and is estimated to reach $1.8 billion by 2030, growing at a CAGR of 6.6% from 2021 to 2030.

Online retail platform is the major driver of the jalapeno salt market. Presently, most jalapeno salt products manufacturing companies have their own web-based retail stores where users have access to information about products launch, product features, demo, price, and other required information about products. There is an increase in number of consumers shopping online, owing to availability of different product options and price comparison on online shopping sites. This is useful for retailers due to zero expenditure on physical outlets. Furthermore, there is a rise in preference for online shopping as consumers can read reviews provided by other consumers, compare various store & products, and verify product price by different sellers. Thus, rise in adoption of online sales channels drives growth of the jalapeno salt market.

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Moreover, convenience foods refer to the products, which require minimal processing and can be prepared easily without much efforts. Preference for on-the-go food products, which are readily available in the market has increased, owing to changes in eating habits and busy lifestyle. For instance, availability of various jalapeno salt flavor in the market to make sandwiches, burger, and pizza at home easily without much efforts significantly contributes toward growth of the jalapeno salt market. Moreover, easy availability of convenience food in online and offline platform help in increasing consumer base for the jalapeno salt market.

The market in the Asia-Pacific offers lucrative growth opportunities for operating players, owing to presence of countries such as India, China, Australia, and New Zealand. Increase in adoption of western lifestyle, surge in population, and rise in disposable income of consumers majorly drive growth of the jalapeno salt market. Moreover, increase in awareness regarding jalapeno salt products and its associated benefits have further augmented growth of the market. Developing regions offer potential growth opportunities for market players for launching innovative flavors of jalapeno salt which is also the current in jalapeno salt market trends.. Moreover, countries in Latin America, such as Brazil, are anticipated to unfold attractive business opportunities, owing to increase in consumer taste and flavor toward fast food.

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KEY FINDINGS OF THE STUDY

By flavor, the jalapeno salt market is categorized into lime, garlic, bacon and sea salt. Lime segment constitute a major jalapeno salt market share; however, the bacon segment is projected to experience growth at the highest CAGR during the jalapeno salt market forecast period. Lime flavored jalapeno is highly utilized into the processed food majorly in the chips. Also, lime jalapeno salt is also sprinkled over homemade tortilla chips in order to give food the refreshing lime flavor with a touch of spiciness Therefore, owing to the above mentioned factors the demand for lime flavored jalapeno salt is driving the jalapeno salt market growth.
Based on end user, the jalapeno salt industry is divided into residential, food service and food processing. Food service segment lead in terms of market share and is expected to continue to grow with robust CAGR during the forecast period.
On the basis of distribution channel, the market is categorized into business-to-business and business-to-consumer. The business-to-business segment held the major share in the jalapeno salt market size, and is projected to remain dominant during the forecast period. The major factor driving the growth of the business to business jalapeno salt sales is the rising outdoor dining trend among the consumers.
By region, North America accounted for highest market share in 2020, and is expected to grow at a significant CAGR during the forecast period..

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The key players profiled in the jalapeno salt market analysis are Anheuser-Busch InBev, Beijing Enterprises Holdings Limited, Carlsberg Group, Diageo PLC, Dogfish Head Craft Brewery, Inc, Heineken Holding NV., Squatters Pubs and Craft Jalapeno salts, Sierra Nevada Brewing Co., The Boston Jalapeno salt Company, Inc, and United Breweries Limited.

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Cedarwood Oil Market Growth Boost With CAGR of 6.6%, from 2021 to 2030

According to a new report published by Allied Market Research, titled, “Cedarwood Oil Market by Technique, End Use, and Industry: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global cedarwood oil market size is expected to reach $587.3 million by 2030, growing at a CAGR of 6.6% from 2021 to 2030.

Cedarwood oil is gaining rapid traction among consumers and various manufacturers in pharmaceuticals, food & beverages, spa & relaxation, and personal care industries, owing to numerous therapeutic and medicinal properties found in the cedarwood oil. Cedarwood oil is extensively used in manufacturing of insect repellents, anti-bacterial products, perfumes, shampoos, colognes, and beauty soaps. Furthermore, consumers are increasingly using cedarwood oil in aroma therapy that promotes calmness and soothing of mind. Growth in applications of cedarwood oil is expected to boost growth of the global cedarwood oil market.

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The outbreak of the COVID-19 pandemic had a neutral impact on the cedarwood oil industry. However, lockdown measures implemented by governments resulted in non-operation of production facilities, disruptions in supply chain, and decline in exports-imports. China is among the top suppliers of cedarwood oil and the origin of the COVID-19 in China hampered the import of cedarwood oil in European countries. On the other hand, medicinal benefits of cedarwood oil have resulted in a spike in demand in North America and Europe. Thus, there has been a neutral or very low impact of the COVID-19 on the cedarwood oil market.

Rise in penetration of e-commerce channels across the globe is expected to boost growth of the cedarwood oil market. E-commerce has made the distribution of cedarwood oil simpler than before. Consumers can browse different brands of cedarwood oil on e-commerce platforms and can easily order them from the comfort of their home. As the cedarwood oil is very underpenetrated product, e-commerce has enabled consumers to easily search and buy the desired brand of cedarwood oil.

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The market is segmented on the basis of technique, end use, industry, and region. By technique, the market is segregated into steam distillation, carbon dioxide distillation, and cold press. On the basis of end use, it is categorized into cosmetics & skincare, toiletries, aroma therapy, and others. Depending on industry, it is segmented into spa & relaxation, pharmaceuticals, and others. Region wise, the cedarwood oil market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, the Netherlands, Spain, Austria, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

By technique, steam distillation was the dominating segment, garnering a market share of 84.8% in 2020. This is attributed to increase adoption of steam distillation technique for production of cedarwood oil as this technique offers large scale production at industrial scale, helps to extract maximum oil from raw material and offers economies of scale.

On the basis of end use, cosmetics & skincare is estimated to be the fastest-growing segment during the forecast period. Skin benefits such as acne treatment and hair loss treatment offered by cedarwood oil propels its adoption in the production of skincare and cosmetic products across the globe.

By industry, pharmaceuticals is expected to be the most opportunistic segment. Various therapeutic and health benefits associated with cedarwood oil such as antiseptic, anti-inflammatory, diuretic, anti-fungal, and antispasmodic is projected to boosts its utilization in production of various medicines in the future.

Region wise, North America dominated the market, accounting for 37.5% of the cedarwood oil market share in 2020. U.S. is the leading producer and consumer of cedarwood oil in the globe. Increase in consumer awareness regarding availability of cedarwood oil, increase expenditure on health and wellness, and rise in prevalence of various skin and mental disorders are the major factors that boosts growth of the cedarwood oil market in the region.

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Key findings of the study

The global cedarwood oil market size was valued at $303.8 million in 2020, and is projected to reach $587.3 million by 2030, registering a CAGR of 6.6% from 2021 to 2030.
By technique, the steam distillation segment was the highest contributor to the market, with $257.8 million in 2020, and is estimated to reach $484.7 million by 2030, at a CAGR of 6.3% during the forecast period.
By end use, the aroma therapy segment was the highest contributor to the market, with $119.8 million in 2020, and is estimated to reach $217.8 million by 2030, at a CAGR of 5.9% during the forecast period.
By industry, the spa & relaxation segment was the highest contributor to the market, with $205.9 million in 2020, and is estimated to reach $390.7 million by 2030, at a CAGR of 6.4% during the forecast period.

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The major players operating in the global cedarwood oil market are Essential Oils, Finetech Industry Limited, Foreverest Resources Ltd., Grayden Industries, Inc., Mother Herbs (P) Ltd., Orchid Chemical Supplies Ltd., Venus Enterprises Limited, A.G. Industries, Falcon Essential Oils, and SVA Organics.

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Yeast Flakes Market Estimated Growth With CAGR of 9.1% By 2030

According to a new report published by Allied Market Research, titled, “Yeast Flakes Market by Form and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global yeast flakes market size was valued at $610.2 million in 2020, and is projected to reach $1,451.2 million by 2030, registering a CAGR of 9.1%. Yeast flake is one of the most emerging markets among nutritional products, owing to increase in health awareness among customers.

Yeast flake is light brown powder made from Saccharomyces cerevisiae yeast. It is known as a flexible ingredient that goes well with almost any diet or eating style. Its consumption can improve digestive problems including diarrhea or infections such as cold and flu. The yeast flakes market is driven by factors such as rising consumption of functional food. Health benefits obtained by including yeast flake in dietary supplements is one of the major factors that drive yeast flakes market growth. Moreover, increase in awareness among consumers regarding health benefits associated with functional food is expected to boost demand for such products in the market.

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Moreover, rise in awareness of animal nutrition is also expected to propel the market growth during the forecast period. Awareness about end products is increasing focus on animal nutrition in the market. Animals with sufficient nutrition have the energy to grow, develop, and breed, as well as a strong immune system to resist infections, which results in higher productivity. Use of yeast in animal feed is beneficial as it enhances ruminant growth and production efficiency.

Increase in prevalence of diseases, rise in prevalence of the COVID-19 pandemic, advancements in living standards, and rapidly growing vegan population are also the major factors that propel the market growth. Gluten free products are gaining traction as many consumers are trying to reduce or eliminate gluten from their diet, owing to adoption of special dietary lifestyles, which boosts demand for gluten free products in the market. It can be beneficial in diagnosis of food allergies and also helps individuals to lose their weight. Moreover, gaining weight is a major problem in lives of almost everyone and consumers are more likely to get numerous health problems associated with extra fats in the body. Hence, demand for functional and gluten free products is gaining attraction among health-oriented consumers.

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Consumer spending on high-quality and high-nutrient foods is rapidly increasing and fast foods, functional foods, organic fruits and vegetables, and other lifestyle food sources are becoming increasingly popular. Further, consumers are largely focusing toward adoption of vegan food items with high nutritious value and willing to pay higher price for nutritional agriculture products. Moreover, consumer awareness regarding health benefits associated with functional foods like yeast is increasing. There has been a significant change in diets and lifestyle of consumers, which shows an opportunity for functional foods such as yeast flakes.

According to the yeast flakes market analysis, the market is segmented on the basis of form, application, and region. On the basis of form, it is categorized into flakes, powder, and others. As per applications, it is divided into foods & beverages, dietary supplements, animal feed, and others.

By form, the flake segment was the highest revenue contributor in 2020, owing to the convenience offered. By application, the foods & beverages segment held the largest yeast flakes market share in 2020 and is likely to remain same during the yeast flakes market forecast period. The segment is the most versatile segment for nutritional and gastrointestinal properties of yeast. Consumers are favoring nutritious yeast products, which help the industry grow even more. Moreover, consumers are inclined toward yeast flakes as it is chemical free with no additives.

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Region-wise, the yeast flakes market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings of the Study

By form, the powder segment held the highest share, accounting for 65.2% of the global yeast flakes market.
By application, the organic segment witnessed a major growth rate of 12.8%
Region wise, the Latin America segment witnessed a major annual growth rate of 9.9%.

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The key companies profiled in Yeast flakes industry are Alla’s Posh Flavors, Anthony’s Goods, Hoosier Hill Farm LLC, Lesaffre, Now Foods, Nunaturals, Sari Foods, Sattvic foods, Urban Platter, and Vvegano.

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Data Extraction Market Value is Expected to Garner $4.90 billion by 2027 | CAGR 11.8%

Surge in application of artificial intelligence in data extraction and adoption of virtual data warehousing are expected to create multiple opportunities in the coming years. Rise in adoption of big data analytics software by multiple organizations, increase need for dedicated storage systems, and numerous benefits offered by data extraction solutions fuel the growth of the global data extraction market.

Major industry players such as – Altair Engineering Inc., IBM Corporation, Fair Isaac Corporation, Alteryx, Inc., Microsoft Corporation, Matillion Ltd., Oracle Corporation, SAS Institute, Inc., Teradata Corporation, and SAP SE.

The global data extraction market was estimated at $2.14 billion in 2019 and is expected to hit $4.90 billion by 2027, registering a CAGR of 11.8% from 2020 to 2027.

The global data extraction market is analyzed across component, data type, deployment model, enterprise size, industry vertical, and region. Based on component, the solution segment contributed to more than two-thirds of the total market share in 2019 and is anticipated to rule the roost by 2027. The service segment, on the other hand, would manifest the fastest CAGR of 13.4% throughout the forecast period.

Based on geography, North America generated the highest share in 2019, garnering nearly half of the global market. Simultaneously, Asia-Pacific would portray the fastest CAGR of 14.7% by 2027. The other two regions covered in the study include LAMEA and Europe.

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Based on deployment model, the on-premise segment accounted for more than half of the total market revenue in 2019 and is anticipated to rule the roost by 2027. At the same time, the cloud segment is expected to exhibit the fastest CAGR of 13.1% from 2020 to 2027.

Covid-19 scenario-

The outbreak of the pandemic led to growing inclination toward online education and work-from-home policy.
Accordingly, there’s been a steep rise in demand for data extraction tools, as cloud-based data extraction software is highly fabricated to manage and analyze critical information of educational as well as corporate organizations.

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Micro Motor Market Expected to Reach $56.0 Bn by 2030 | Allied Market Research

global micro motor market size was valued at $36.48 billion in 2020, and is expected to reach $56.0 billion by 2030, with a CAGR of 4.1% from 2021 to 2030. In 2020, Asia-Pacific dominated the global micro motor market, in terms of revenue, accounting for around 41.40% share of the global market.

Micro motor is compact in size, possesses high torque, requires less maintenance, is low noise level, and provides better torque to weight ratio. This motor is used in various applications such as automotive, beauty & healthcare products, and robotics. Such instances drive the growth of the micro motor market.

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Major players such as Mitsuba Corporation, Portescap, and Siemens AG launched new micro motor in the market. For instance, in April 2018, Mabuchi Motor Co Ltd launched a RS-4G5WA motor used for peripheral engine equipment. It has features such as improved heat resistance, improved vibration resistance, and have high torque speed, having output capacity of 2.0 W to 33 W. It weights approximately 125 g.

Growing popularity of micro motors, owing to electronic computation in automation and construction applications drives the demand for micro motors in luxury features in the automobiles and electrical vehicles, which fuels the micro motor market growth. For instance, according to Indian Brand Equity Foundation, the pharmaceutical industry in India grew by 10.5% from 2018 to 2019.

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The global micro motor market is segmented on the basis of type, technology, power consumption, application, and region. On the basis of type, the market is divided into AC and DC. The AC segment generated the highest revenue in 2020. Based on technology, the market is bifurcated into brushed and brushless. The brushed segment dominated the market in 2020. On the basis of power consumption, the market is categorized into less than 10V, 10V-20V, and more than 20V. More than 20V segment generated the highest revenue in 2020. Based on application, the market is divided into industrial, automotive & aerospace, healthcare, and others. The industrial segment dominated the market in 2020.

Key Findings Of The Study

The report provides an extensive analysis of the current and emerging global micro motor market trends and dynamics.
Depending on type, the AC segment was the largest revenue generator in 2020.
By technology, the brushed segment generated the highest revenue in 2020.
On the basis of power consumption, the more than 20V segment accounted for the highest revenue in 2020.
Based on application, the industrial segment dominated the market in 2020.
Region wise, Asia-Pacific is anticipated to dominate the global micro motor market throughout the study period.

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Market players-

Mabuchi Motor Co Ltd, Nidec Corporation, Buhler Motor GmbH, Johnson Electric Holdings Limited, Maxon Motor AG, Arc Systems Inc, ABB Group, Mitsuba Corporation, Constar Micromotor Co Ltd, and Siemens AG.

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Screen and Script Writing Software Market Ready to Hit $235.87 Billion by 2026, at CAGR of 14.4% details shared in the report

Rise in demand for screen & scriptwriting software from Asia-Pacific region is anticipated to pave the way for lucrative opportunities in the coming years. Introduction of online movies & TV series, the emergence of mobile-based screen & scriptwriting software, and rise in awareness regarding the benefits provided by the program drive the growth of the global screen and script writing software market.

Key industry players – Celtx Inc., Final Draft, Literature and Latte Ltd., Mariner Software, Nuvotech Limited, Storyist Software LLC, StudioBinder Inc., Windward Studios Inc., Write Brothers Inc., and WriterDuet, Inc.

The global screen and script writing software market was estimated at $80.83 million in 2018 and is expected to hit $235.87 million by 2026, registering a CAGR of 14.4% from 2019 to 2026.

The global screen and script writing software market is analyzed across deployment mode, platform type, end user, and region. Based on deployment mode, the on-premises segment accounted for around three-fifths of the total market share in 2018, and is anticipated to dominate by 2026. Simultaneously, the cloud-based segment would exhibit the fastest CAGR of 16.1% throughout the forecast period.

Based on geography, North America held the major share in 2018, generating nearly half of the global market. The market across Asia-Pacific, on the other hand, would manifest the fastest CAGR of 17.8% from 2019 to 2026. The other two provinces covered in the report include Europe, and LAMEA.

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Based on platform type, the desktop-based segment contributed to more than half of the total market revenue in 2018, and is expected to lead the trail by the end of 2026. At the same time, the mobile-based segment would manifest the fastest CAGR of 16.6% during the forecast period.

Covid-19 scenario-

The outbreak of the pandemic couldn’t affect the global market for screen and script writing software on a large scale, since the stay-at-home orders imposed in most of the countries led to greater inclination toward adopting the pastime of writing screenplays.
Also, the software offers efficient collaboration with other writers globally, which in turn has proved to be favorable in terms of social distancing.

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Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

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