The process of red biotechnology makes use of various organisms for the betterment of healthcare and to build immunity against diseases. This modern branch of biotechnology has been used for the medical field. This has been of great use not only in pharmaceutical as well as the medical industry and has helped to enhance the lifestyle quality along with reducing the suffering of humans. Furthermore, red biotechnology has been utilized in various fields such as gene therapy, diagnostics, clinical trials, and research.

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Companies covered

Pfizer, Inc., Biogen Inc., Amgen Inc., AstraZeneca Plc., Gilead Sciences, Inc., CELGENE CORPORATION, F. Hoffmann-La Roche, Ltd., Merck KGaA, Regeneron Pharmaceuticals, Inc., and Takeda Pharmaceutical Company Limited

COVID-19 scenario analysis:

• Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicines supply chain challenges. 
• Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs, such as hydroxychloroquine, have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs as many developed countries are short of these drugs. 
• The pharmaceutical and biotechnology industries are expected to witness a significant growth in the future, owing to the demand for vaccine and treatment drugs for COVID-19.
• Attributed to such factors, COVID 19 is expected to have a significant impact on the red biotechnology market.

New product launches to boost the market

On June 13th, 2019, Allergan PLC and Amgen got approval from the US FDA for their products KANJINTI and Herceptin. On December, 8th, 2018, China’s National Medical Products Administration approved Harvoni from Gilead Sciences, Inc.

Surge in usage in hospital applications

The biopharmaceutical industry, CMOs & CROs, and research institutes are the major consumers of the red biotechnology market. Amongst them, the biopharmaceutical industry and CMOS & CROs are the biggest end users in the market. This is due to the significant rise in clinical trials and the number of acceptance for expansion strategies by key players and manufacturers in developing countries for cost reduction and upgrading their position in the red biotechnology market.

Key segments covered:

Application

• Biopharmaceutical Production
• Gene Therapy
• Pharmacogenomics
• Genetic Testing

 Product Type

• Gene Recombinant Drugs
• Human Vaccines
• Blood Products
• Diagnostics Reagents
• Personalized Medicines
• Others

Key benefits of the report:

• This study presents the analytical depiction of the red biotechnology market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the red biotechnology market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the red biotechnology market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.

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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. 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.

Smart homes are developed to assist the home residents in completing the daily-living activities and a better quality of life. Smart home is an Artificial Intelligence backed concept which offers numerous possibilities in the development of context-aware homes that would be able to take intelligent decisions and respond automatically sensing the surrounding situation at any moment. The ambient assisted living paradigm has concentrated more on active approaches aimed at building safer and healthier environments that seeks to promote elderly people or people with disabilities benefiting from more independent and comfortable living in their own homes.

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 Companies covered:

Apple, Google, General Electric Company, Samsung Electronics, Companion Medical, F. Hoffmann-La Roche, Hocoma, Honeywell International, Seimens Electric, Medical Guardian, Proteus Digital Health, Medtronic and VitalConnect.

COVID – 19 scenario analysis:  

• Due to the ongoing COVID – 19 pandemic, more than to four million infected people and the affected economies continue to struggle, as COVID-19 has impacted several industries including smart homes industry as well 
• As various governments have imposed travelling restrictions on people, many organizations are closed
• Supply chains and distribution channels have been disrupted amidst the COVID – 19 pandemic
• But the overall scenario is quite different for the Smart home market as it is expected to increase despite the pandemic
• As majority of people are working from home, the number of sales for voice control smart home devices would increase significantly
• Due to the ongoing pandemic, taking precautions is going to be a necessity even during completing daily activities and smart homes would help do that
• Additionally, features like temperature, heart rate , nutrition monitoring alongside environmental data such as air quality index and occupancy would be an added advantage

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Smart home technology date back in the 1970s when a number of devices were manufactured and introduced in the market to assist homecare. The craze for fitness devices and smart wearables is increasing as people have become more health conscious. These forms the base for emphasis on health and lifestyle awareness. Advancement of technology in medicine and healthcare field aims to lower mortality rate, and thus fuels the need for alternative solutions. Smart home healthcare can provide cost-effective in assisting the elderly and to those with disabilities to stay independently in home for longer time ensuring better quality of life. Thus, the increasing spending on healthcare, demand for customization in healthcare and IoT-based technologies, growing use of AI technologies in integration with assisted living and upcoming technologies like e-health and mHealth are major driving factors of the global smart home healthcare market  increasing demand in the industry during the forthcoming years. On the contrary, high investment costs, issues related to security and patient privacy and lack of required advanced infrastructure and its awareness in developing economies may hamper the global smart home healthcare market.

Wireless smart home devices to lead the market

Due to high speed internet connectivity, availability of low cost data and reach of data to maximum customers have revolutionized the wireless technology sector.  As a result, industry players are also focusing on development of technologically advanced, compact, mobile devices that are connected via Bluetooth/ Wi-Fi for establishing portable communication with computing devices such as tablets and smartphones will be convenient and create various growth opportunities for smart home technology.

Key segments:

Service

• Installation and repair
• Customization and renovation

Technology

• Wireless communication
• Cellular network
• Others

Key benefits of the report:

• This study presents the analytical depiction of the global smart home healthcare industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global smart home healthcare market share.
• The current market is quantitatively analysed from 2020 to 2027 to highlight the global smart home healthcare market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the smart home healthcare market.
• The report provides a detailed global market analysis based on competitive intensity and how the competition will take shape in coming years.

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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. 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.

Proteins are extensively used in applied and basic biomedical research. However, they are only marginally stable and can be expressed within certain limits which affects its applications and the research. Protein stability is the net balance of forces, which determine whether a protein will be its native folded conformation or a denatured (unfolded or extended) state. Protein stability is an important topic of interest for majority of biotechnology, pharmaceutical, food and adjacent industries. An understanding of protein stability is essential for optimizing the formulation, storage, expression, purification and structure of proteins along with its effective application in the industry.

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COVID-19 scenario analysis: 

• Due to the COVID – 19  outbreak, majority of healthcare, pharmaceutical and biotechnology organizations have concentrated on diagnostics kits, safety wearables (PPE kits, face shields, masks) and treatment therapies and medication against Novel coronavirus
• R&D labs are also focusing on finding a breakthrough vaccine against Novel coronavirus where protein studies are in focus
• Peptide KRSFIEDLLFNKV occurs in the spike glycoprotein and is responsible for the binding of  SARS coronaviruses to lung cells and its activation of the spike protein by proteolytic cleavage
• This understanding related to the peptide KRSFIEDLLFNKV and spike protein plays  anchoring role in learning about the nature of this disease and such data is of utmost importance and conserved and researched to get useful insights during the study of coronaviruses.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis:

Proteins are the building blocks of an organism and Protein stability is crucial as it determines the functionality and active state of the proteins. There are several approaches and techniques to determine the protein stability. It can be determined through chromatography, Spectroscopy, Surface Plasma Resonance (SPR), High-Performance Liquid Chromatography (HPLC), Differential Scanning Calorimeter (DSC). Protein stability analysis is carried out by pharmaceutical & biotechnological organizations for new drug development and research. The rising number of pharmaceutical and biotech organizations in the global Protein Stability analysis Market, especially in the developing economies, increasing spend on healthcare, importance of Protein stability in protein studies related to diseases, in current scenario Novel coronaviruses, the development of new high-throughput techniques and increasing number of Contract Research Organizations (CRO) and Contract Research Manufacturing Organizations (CRMO) are the drivers fueling the growth in the Protein Stability analysis Market. However, the amount of monetary spending and time that goes into these studies and the impact on pharmaceutical and biotech organizations due to ongoing COVID-19 pandemic are the restricting factors for Protein Stability market.

Rising number of pharmaceutical and biotech organizations with innovative drug development:

Protein stability analysis is a crucial step during development of a drug, and plays a lead role stretching right from active pharmaceutical ingredient (API) development up to the product validation. Majority of big names in pharmaceutical industry are upfront in implementing these techniques for evaluation of the quality of the product and enhancing effectiveness and efficacy of the product which is tested in various extreme conditions. 

The pharmaceutical sector is experiencing tremendous growth. The sector has grown exponentially from $ 100 billion in 2017 to $ 1.2 trillion and is expected to reach $ 1.5 trillion by 2023 growing at a CAGR of 4-5%, as the spend on healthcare globally was 10.4% of total GDP in 2016 and this number would go on increasing with 10.5% spent in 2020. Alone India accounts for more than 3000 drugs companies and 10500 manufacturing units while China accounts for 3 to 6 thousand domestic pharmaceutical manufacturers. These stats point towards the immense opportunity for Protein Stability in pharmaceutical industry.

Various innovative advancements in biotech industries is also proving beneficial. NanoTemper Technologies introduced new software packages for advanced protein stability testing in 2016. This new software packages is attributed by one-click assay routines for advanced experiments to its users, which is rapid than the earlier predecessors.

Companies covered

Agilent Technologies, Inc., GE Healthcare, Enzo Biochem Inc., Thermo Fisher Scientific Inc., PerkinElmer Inc., NanoTemper, Malvern Panalytical Ltd., HORIBA, Ltd., Unchained Labs and SETARAM Instrumentation.

Key benefits of the report:

• This study presents the analytical depiction of the global protein stability analysis industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Protein Stability analysis Market share.
• The current market is quantitatively analysed from 2020 to 2027 to highlight the global protein stability analysis market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Protein Stability analysis Market.
• The report provides a detailed global Protein Stability analysis Market analysis based on competitive intensity and how the competition will take shape in coming years

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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. 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, “Ice Maker Market by Product Type and Application: Opportunity Analysis and Industry Forecast, 2021–2027,” the global ice maker market size was valued at $2,330.6 million in 2019, and is projected to reach $2,784.2 million by 2027, registering a CAGR of 4.4% from 2021 to 2027. An ice maker which is also known as ice machine or ice generator is an electrical appliance that makes ice artificially. The formulation of innovative and advanced solutions is anticipated intensify the competitive environment among the ice making machine manufacturers. The demand for ice makers is expected to grow due to the high demand from foodservice and food processing sectors. The rising preference for energy-efficient and water-saving product is expected to drive the ice maker market during forecast period.

An ice maker which is also known as ice generator or ice machine is an appliance that produces ice artificially. There are four types of ice makers available in the market which includes modular ice maker, undercounter ice maker, countertop ice maker and ice dispenser. These equipment are widely used in food service industry, food processing industry healthcare industry, retail outlets and others. Development of the hospitality industry drives the demand for ice maker in commercial kitchens. Moreover, rise in the food service industry, coupled with the growing demand for chilled alcoholic and non-alcoholic beverages fuels the ice maker market growth in terms of value sales. Additionally, the ice maker market analysis is done based on regions, key players, and segments.

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The outbreak of COVID-19 has severely hampered the ice maker market growth. Ice maker manufacturers are not able to provide maintenance and installation services to their customers, owing to availability of limited resources and implementation of lockdown. Amidst this health crisis, the workforce availability is limited, which further hampers the overall production of the ice makers. This, in turn, creates challenges for product deliveries, which hampers the growth of the ice maker industry.

By product type, the modular ice maker segment accounted for the highest ice maker market share in 2019, growing at a CAGR of 3.3%. Modular ice maker is available in all sizes and produces large amount of ice which increases its demand in large business including hospitals, food service and others. However, the countertop ice maker is expected to grow at the highest CAGR during the forecast period.

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By application, the ice maker market is divided into food service, food processing, healthcare, retail outlets and others. In 2019, the food service segment accounted for the highest ice maker market share. The growth of the tourism industry will also drive the demand for ice makers from this market segment as hotels will have the need to store beverages, food, and alcoholic drinks in cold temperatures. Sedentary lifestyle and high disposable income have resulted in the development of fast-food chains. These factors coupled the increased need to store perishable items, primarily food and food ingredients, are driving the ice maker market. However, others segment which include corporate office and residentials are anticipated to grow at the highest CAGR.

Key findings of the study

By product type, the modular ice maker segment accounted for the highest ice maker market share in 2019, growing at a CAGR of 3.3% from 2021 to 2027.
By end use, the food service segment occupied maximum share in the market in 2019 and is expected to dominate the market during the forecast period.
Region wise, North America accounted for highest share in 2019 and is expected to grow at a CAGR of 2.9% during the forecast period.

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The key players operating in the ice maker market include Hoshizaki corporation, Manitowoc ice (WELBILT, INC.), A & V Refrigeration Corp, Ali Group S.p.A., Middleby Corporation, Cornelius, Inc., Kold-Draft, North Star Ice Equipment Corporation, Whynter, LLC and U.S. Ice Machine Mfg. Co.

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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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According to a new report published by Allied Market Research, titled, “Sugar alcohol market by type, form, and application: opportunity analysis and industry forecast, 2021–2027,” the global sugar alcohol market was valued at $3.3 billion in 2019, and is projected to reach $4.8 billion by 2027, registering a CAGR of 5.9% from 2021 to 2027. The market is expected to exhibit an incremental revenue opportunity of $1.3 billion from 2021 to 2027. Rise in demand for health consciousness and low-calorie food & beverage products propel the market growth. Moreover, rise in demand for sugar substitutes or alternatives due to consumer preferences shifting toward a healthier lifestyle is expected to drive growth of the global sugar alcohol market.

Consumer consciousness regarding health impact of artificial sugar substitutes have led to rise in demand for sustainable and low-calorie alternative sweeteners. Biomass derived sugar alcohols have numerous applications including oral hygiene, pharmaceutical industries, and food containing sugar alcohols, hence these products are increasingly available on supermarket shelves. Expansion of applications of sugar alcohols across industries also propels the market for sugar alcohol. In addition, applications of polyols (sugar alcohols) in the pharmaceutical & nutraceutical industry have increased exponentially. Rise in consumption of nutraceuticals among consumers in the form of functional foods, dietary supplements, and functional beverages has gained momentum for the market.

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COVID-19 was declared a pandemic by the WHO in the earlier half of 2020. The coronavirus outbreak has significantly impacted not only various food & beverages industries but also all stages of the supply chain and value chain of various industries. It has affected the supply chain ecosystem, raw material suppliers, logistics partners, and several others. Therefore, the COVID-19 pandemic had a partial negative impact on the sugar alcohol industry. Moreover, demand for low-calorie healthy food products and nutraceuticals is anticipated to grow exponentially in the short term. Hence, gradual relaxation of restrictions on social distancing and free movement is anticipated to generate positive avenues for the market. Furthermore, the sugar alcohol market is expected to be optimistic for gradual recovery.

On the basis of type, the sorbitol segment accounted for 50.3% share in the global market in 2019. Sorbitol not only provides sweetening properties, but also texturing properties. It is an excellent humectant, softener, texturizing, and anti-crystallizing agent, hence has a wide range of applications across food & beverages, pharmaceuticals, and cosmetic industries. However, the mannitol segment is anticipated to grow at the highest CAGR during the sugar alcohol market forecast period. This is attributed to growth in applications of mannitol in the pharmaceuticals and nutraceuticals industry as a sweeting agent, tablet and capsule diluent, excipient for chewable tablets, a tonicity agent, and as a bulking agent for lyophilized preparations.

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On the basis of form, the powder & crystal segment was dominant in 2019, and accounted for 61.4% share in the sugar alcohol market. Powder & crystal form of sugar alcohol provides a longer shelf-life and enables easy handling, transportation, and storage. Hence, it is widely used in manufacturing of several food products, including candies, chewing gums, and bakery goods. However, the liquid & syrup segment is anticipated to grow at a faster rate during the forecast period. Liquid & syrup form of sugar alcohols provide high-water solubility, hence has growing applications in pharmaceuticals & nutraceuticals products.

On the basis of application, the food & beverages segment was dominant with 40.2% sugar alcohol market share. Sugar alcohols are mainly used to produce food & beverage products, owing to their sweetness and texturing properties. Recent technical advances have added to a range of sugar alcohols available for food use, hence expanded applications of these sugar replacers in diet and health-oriented foods.

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Key findings of the study

By type, the sorbitol segment was the highest contributor to the market, with $1,691.70 million in 2019, and is estimated to reach $2,350.4 million by 2027, at a CAGR of 5.50% during the forecast period.
By form, the powder & crystal segment was the highest contributor to the market, with $2,063.7 million in 2019, and is estimated to reach $2,870.8 million by 2027, at a CAGR of 5.50% during the forecast period.
By application, the food & beverages segment was the highest contributor to the market, with $1,350.9 million in 2019, and is estimated to reach $1,855.2 million by 2027, at a CAGR of 5.40% during the forecast period.
In 2019, Europe region was the most prominent market however the Asia-Pacific region is expected to grow at a significant CAGR throughout the forecast period.

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According to the sugar alcohol market analysis, the key players operating in the market include Cargill Incorporated, Spectrum Chemical Manufacturing Corp., Ingredion Incorporated, Archer Daniels Midland Company, Roquette Freres SA, Mitsubishi Shoji Foodtech Co. Ltd, Tate & Lyle PLC¸ Atlantic Chemicals Trading GmbH, Associated British Foods plc (SPI Pharma) and DuPont.

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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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According to a new report published by Allied Market Research, titled, “IQF Vegetable Market by Product Type and Application: global opportunity analysis and industry forecast, 2021–2030,” the global IQF vegetable market size was valued at $4.7 billion in 2020, and is projected to reach $7.1 billion by 2030, registering a CAGR of 4.2%. from 2021 to 2030. IQF vegetable are types of frozen food products, which are preserved by using IQF technique that uses the fluidization approach. This results in freezing vegetable for 10–12 minutes and keeps the vegetable fresh for longer period of time. From the past few years, rise has been witnessed in the demand for IQF vegetable from the residential sectors. This is attributable to their availability throughout the year, and they minimize preparation time.

The global IQF vegetables market growth is expected to be driven by surge in demand for IQF vegetable from the food service industry, owing to the various benefits offered by IQF vegetable such as reduced preparation time and availability in all seasons.

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COVID-19 impact analysis

The outbreak of the COVID-19 pandemic has shown a negative impact on the market.
Recent declaration regarding the shutdown of notable proportion of the food service industry, including full-service restaurants and quick service restaurants, has dramatically hampered the sale of IQF vegetable.
Trade restrictions imposed by several countries across the globe to curb the outbreak of COVID-19 has significantly affected global logistics and transportation, which has affected on the IQF vegetable market.

The global IQF vegetable market is segmented into nature, end user, distribution channel, and region. By nature, the market is classified into organic and conventional. On the basis of end user, it is categorized into commercial and residential. Depending on distribution channel, it is segregated supermarket/hypermarket, B2B, online store, and others. Region wise, the 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).

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By nature, the conventional segment accounted the highest market share in 2020. This is mainly attributed to the easy availability of conventional IQF vegetable in the market through distributors. However, the organic segment is expected to be the fastest growing segment during the IQF vegetable market forecast period in terms of value sales.

On the basis of end user, the commercial segment was the major share contributor in 2020. This is attributed to the fact that IOF vegetable require less time for preparation and reduce customer waiting time, thus, fast food chains and quick service restaurants have adopted them as substitutes to fresh vegetable. This acts as a key driving force of the commercial segment. However, the residential segment is expected to be the fastest growing segment during the forecast period in terms of value sales.

Depending on distribution channel, the market is segregated into supermarket/hypermarket, B2B, online store, and others. In 2020, B2B segment accounted for the highest IQF vegetables market share in the global IQF vegetable market. This is attributed to surge in demand for IQF vegetable from the food service industry. However, the online store segment in the IQF vegetable market is expected exhibit the highest growth during the forecast period in terms of value sales.

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Key findings of the study

By nature, the conventional segment accounted for the highest IQF vegetables market share in 2020, and is estimated to grow at a CAGR of 4.1%.
On the basis of end user, the commercial segment was the share contributor in 2020, and is expected to grow at a CAGR of 4.1% from 2021 to 2030.
Depending on distribution channel, B2B was the prominent segment in 2020, and is projected to exhibit a CAGR of 3.5% during the forecast period.
Region wise, North America occupied the maximum share in the market in 2020, and is expected to be the dominating segment during the IQF vegetables 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 to strengthen their foothold in the market. To understand the key IQF vegetable market trends, strategies of leading players are analyzed in the report. Some of the key players in the IQF vegetable market analysis include Dole Food Co., Capricorn Food Products India Ltd., J.R. Simplot Co., Cardinal Foods LLC, B&G Foods Holdings Corp., ConAgra Foods, Inc., Kerry Group Plc., Uren Food Group Limited, Greenyard NV, and Pinnacle Foods, Inc.

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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.

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
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