A Market Place Research

The products from one place to another. Corrugated boxes, intermodal Freight containers, wooden boxes, crates, intermediate bulk shipping containers, bulk box, drums, and insulated containers are broad categories of shipping boxes. Reusable shipping boxes indicate the shipping boxes which have slightly different physical properties from the typical shipping containers, manufactured from durable material and can be used multiple times with an extended life. The raw material used to construct the reusable shipping boxes typically is steel, wood, plastic, metal, wire, polypropylene, and others. The reusable shipping boxes are mainly used in the food & beverage industry, automotive industry, cabinetry, material handling, agriculture, disaster relief, pharmaceutical, appliance, electronics, e-commerce, military, others. The surge in e-commerce has led to the increase of shipping boxes in almost each part of world; therefore the trend of sustainable and reusable delivery packaging has been upgraded.

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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Demand for the reusable shipping boxes has increased in the recent times due to the affordability and cost saving feature. The various industries have shifted to use the reusable packaging material to save their transportation cost and reduce the replacement cost. The increase in the awareness of environment safety, decrease in use of plastic, innovation in the chemical and physical properties of packaging material, government initiatives, saving the transportation and replacement cost, improvement in supply chain, affordability of the product, upcoming reuse models, returnable packaging from residential use, reduction of waste, and environmental impact are the major factors that drive the growth of the global reusable shipping boxes market. However, the cost of processing and manufacturing the reusable boxes, limited raw material options, wear and tear of the boxes, contamination chance of the packaging material, and availability of substitute products hinder the market growth. Whereas, investments in smarter packaging solutions, economically viable system, improvement in tensile strength of the reusable boxes, reducing environmental pollution along with the safety of the product, and introduction of reusable schemes both for commercial and residential use present new opportunities for the growth of the reusable shipping boxes market.

The global reusable shipping boxes market trends are as follows:

Reducing harmful impact on environment

The packaging material such as low density polymers and high density polymers usually take 20 to 450 years for decomposing causing ill effect to the environment. Cardboard packaging is made up of wood and several trees have to be cut down for manufacturing the packaging material. Increase in innovation and development in technology lead to many reforms in the packaging industry. The leading industries are inclined toward optimizing the packaging efficiency along with supply chain profitability. The primary, secondary, and tertiary packagings are recreated by the use of technology so that it can maintain the required quality of the product and can be reused again as well.

New trends in the reusable packaging

The reusable packaging was popular for the commercial use but as the customer awareness has increased and the contribution for minimal waste has been in trend the reusable packaging material has also been adopted for the residential use. The key players such as Returnity, LimeLoop, RePack have developed returnable mailers, which include increased durability mailers, water- resistance pouches, envelopes, and soft folding boxes. As the package is delivered to the customer, the main problem comes in disposing the waste; therefore as a solution to this problem a customer can return back the packaging material to the supplier.

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Key Benefits of the Report:
This study presents the analytical depiction of the global reusable shipping boxes 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 reusable shipping boxes market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global reusable shipping boxes market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global reusable shipping boxes market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in the reusable shipping boxes market Research Report:

What are the leading market players active in the reusable shipping boxes market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?

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.

Residential robotic vacuum cleaner is an automatic cleaner that starts with a button press or works by a remote. They can vacuum under beds, tables, seats, and corners without facing any difficulty. Advances in mechanical technologies, which include robotics, have prompted the improvement of profoundly refined and robotized vacuum cleaner. These are upheld with infrared sensors that give a legitimate way to maintain a strategic distance from obstacles. They work remotely and are programmed in a way that when batteries run short, they charge automatically returning to the power source. The market is experiencing the presentation of automated vacuum cleaners coordinated with most recent advances, for example, high turbo power, Wi-Fi, and IoT. Such highlights give comfort to the end clients, which boosts the adoption of robotic vacuum cleaners.

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COVID-19 Scenario Analysis:

Due to COVID-19, lockdown is implemented to decrease the spread of the pandemic globally. Therefore, people have now started working from home. Work from home is not an easy task as people are now managing their household work along with their office work simultaneously. This situation has generated the demand for residential robotic vacuum cleaner where the robotic machine is cleaning the house automatically. The mess that people are creating while working at home, can be taken care by the robotic vacuum cleaner.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The most recent pattern picking up momentum in the market is additional highlights in robot vacuum cleaners. As the prevalence of robot vacuum cleaners is expanding, sellers are concentrating on creating progressed and innovative products to upgrade adaptability and improve connectivity with the cloud, computerization, and IoT. One of the significant drivers for this market is busy lifestyle in urban zones. Urban shoppers have busy life but at the same time they like to indulge themselves in social and professional activities. Thus, people are not able to focus on household chores, which become challenging for them to maintain cleanliness. To beat these difficulties, purchasers want to purchase automated solution for cleaning, which drives the interest for residential robotic vacuum cleaner. The global residential robotic vacuum cleaner market is anticipated to grow because of dynamic aspects, for example, increase in purchasing power of the family and increase in expenditure for household cleaning machines and expanding mindfulness about indoor hygiene and cleanliness. The major factor affecting the development of this market is emergence of low-cost vendors. The residential robotic vacuum cleaner market is fragmented because of the existence of various sellers across various regions.

New product launches to flourish the market

Now a days, robotic vacuum cleaner is available with various advance features. Some of them are Alexa and Google Assistant which not only vacuum but also scrub and mop. Also, with the advancement in technology, there has been an increase in the adoption of IoT in the robotic vacuum cleaner market. Now people are controlling their vacuum cleaner through their mobile devices. Companies are innovating with navigation technology through which robotic machines can take 360 degree view of the house and can identify which places to mob, scrub, or vacuum.

Surge in usage in automotive and industrial applications

As of now, the residential robotic vacuum cleaner are primarily available in the shape of a disc. Also, there are focal points of low force, low noise, and automatic cleaning, recharging, timer for cleaning, no consideration, saves time and energy when compared with traditional vacuum cleaner. The residential robotic vacuum cleaner industry had a huge growth development recently. A lot of families are picking up the robotic vacuum cleaner for their household cleaning purpose. The reduction of the household cleaning time has led to increase in the demand these vacuum cleaner.

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Key Benefits of the Report:

This study presents the analytical depiction of the global residential robotic vacuum cleaner 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 global residential robotic vacuum cleaner market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global residential robotic vacuum cleaner market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global residential robotic vacuum cleaner market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Residential Robotic Vacuum Cleaner Market Research Report:

What are the leading market players active in the residential robotic vacuum cleaner market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?

About Us:

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.

Portable pressure washers are mechanical splashing gadgets used to clean dirt particles from the floor or hard surfaces. These washers are widely used in residential, business, and mechanical sectors. Pressure washing has a noteworthy job in overwhelming ventures, as it assists with expanding the production capacity and proficiency of the enterprises. Expansion of business administrations, for example, vehicle washing, floor cleaning, keeping up pools, and planting fuel the interest for customer pressure washers. New and innovative product advancements help expand their ability; and tap undiscovered markets for pressure washers during the estimated time frame.

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COVID-19 Scenario Analysis:

The spread of COVID-19 has welcomed an extraordinary effect on associations across businesses. Rise in help from governments and a few organizations help fight against this pandemic. In this scenario, some businesses are battling whereas some are flourishing. Pretty much every company is foreseen to be affected by the pandemic. The growth in worldwide car washing industry is expected to drive the interest for pressure power washer in the car along with the interest for residential portable washer systems among purchasers.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The electric washers are relied upon to gain popularity in the versatile portable washer market. Gas-pressure systems are also gaining demand significantly. The vehicle business is observing a developing interest, regardless of an ongoing economic slowdown.

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New product launches to flourish the market

Businesses are engaged in increasing product efficiency to set their foothold in the market. They are indulging in making electrical pressure washer as they getting more adoption when compared with other models because of their lightweight, small size, low maintenance, and easy usage. Companies are also experimenting with different nozzles for the product to wash every kind of surface. For example, “Alfred Karcher” had launched a high-pressure washer that was capable to wash and clean cycles, garden, furniture, and fences. Vendors are also focusing on smaller detail or feature of the product, for example, giving relief to the customer from the task of changing the nozzle every time to cater to different cleaning purposes. Safety features are also being added to the product to prevent any kind of risk associated with pressure washers. These additions increase the efficiency of the product which ultimately leads to greater demand.

Surge in usage in automotive and industrial applications

Electric pressure washers are easy to use and affordable at the same time. They are of portable size and can be taken to anyplace. These pressure washers need to have a connection with the power supply in order to work. Gas pressure washers have the most appeal from the business section because of their heavy capacity. Automobiles, construction, and different ventures use gas pressure washers at a noteworthy rate. Expansion in the number of enterprises and development of the car division is anticipated to drive the gas pressure washer showcase during the forecast period.

Key Benefits of the Report:

This study presents the analytical depiction of the global portable pressure washer 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 global portable pressure washer market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global portable pressure washer market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global portable pressure washer market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Portable Pressure Washer Market Research Report:

What are the leading market players active in the portable pressure washer market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?

About Us:

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.

The fire extinguishers are safety tools that help in putting out a fire and save life and infrastructure. It helps in controlling the fire from spreading in the surroundings. Portable fire extinguishers are generally cylindrical. Fire extinguishers are pressure vessels having an extinguishing agent inside it that helps in controlling or suppressing fire. The feature that distinguishes a portable fire extinguisher from other fire extinguishers is that they are light to handle, and one can easily carry them around while moving.

According to the National Fire Protection Association (NFPA), 3,390 civilians died, and a loss of USD 13.6 billion in the property was caused due to fire incidents in 2016. Also, a study conducted by Fire Engineering and Distributors Association (IFEDA) and Fire Extinguishing Trade Association (FETA) in the UK, on the effectiveness of portable fire extinguishers revealed that in 80% of the cases portable fire extinguisher was used, and in 75% of those cases, the need for Fire Department to intervene was not felt. Therefore, due to the lightweight and easy mobility of portable fire extinguishers is surging the demand for portable fire extinguishers. Portable fire extinguishers act as a first response to control fire.

Portable fire extinguishers are segmented into different classes based on the type of fire. Fire extinguishers marked as Class A, B, & C are suitable for fire caused by normal combustibles, flammable liquids, and energized electrical equipment. While fire extinguishers marked as Class D & K are used suitable for fire types caused by flammable metals and liquids.

The growing concerns about the safety of life and property are deriving the portable fire extinguisher market and will propel the growth during the forecast year.

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COVID-19 Scenario Analysis:

The COVID-19 outbreak has affected almost every sector in one way or another. As the shutdown has led to the closure of many industries, the manufacturing of the product has stopped. For the production of portable fire extinguishers, a lot of raw material is required that is supplied by other industrial units, but even those industrial units have been shut down in many countries.
The supply chain is disrupted. Many employees of the fire control department have to cancel their jobs unless there is a case of emergency.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Urbanization is increasing rapidly across the globe, leading to an increase in residential and non-residential construction. With this, people are also inclining more toward safety and security. All these factors drive growth of the portable fire extinguisher market. Also, the government is taking several steps to spread awareness concerning the need for portable fire extinguishers in all sectors, which is promoting the portable fire extinguisher market. Need to safeguard life and to reduce accidental loss to the property caused by fire are factors that arise the need for using portable fire extinguishers among people. Industrialization and commercialization are another reason for the growing demand for portable fire extinguishers. In comparison to conventional fire extinguishers, portable fire extinguishers are much easier to use and handle, and hence, there is an increase in the demand.

However, many substitutes are available for portable fire extinguishers, and that too at reduced prices. This hinders the growth of the portable fire extinguisher market. Sometimes, portable fire extinguishers are having some technical issue that is not at all safe, thereby hampering the growth of the market. The major challenge that the fire extinguisher market faces is the high cost of raw material required for its manufacturing. Manufacturing industries creates a high opportunity for the sales of portable fire extinguisher market. Manufacturers of portable fire extinguisher markets are trying to bring more advancements in the product by making it more compact and lightweight to cope with the rise in demand for portability. Key trends that prevail in this market are installing portable fire extinguishers in the educational institutes, school vans, public transports, hospitals, and many other places, globally.

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Key Benefits of the Report:

This study presents the analytical depiction of the global portable fire extinguisher 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 portable fire extinguisher market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global portable fire extinguisher market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global portable fire extinguisher market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in the Portable Fire Extinguisher Market Research Report:

What are the leading market players active in the portable fire extinguisher market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?

About Us:

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.

According to a new report published by Allied Market Research, titled, “Microgreens Market by Type, Farming, Distribution Channel and End User: Global Opportunity Analysis and Industry Forecast, 2021–2028,” The global microgreens market size is expected to reach $2,049.3 million by 2028 at a CAGR of 11.1% from 2021 to 2028.

Microgreens are edible plants that are harvested in the juvenile growth stage. They have a quick crop cycle. They are ready to harvest in around 7 to 14 days, depending on the species and varieties of the microgreens. Microgreens are majorly cultivated in the indoor vertical and greenhouse farming methods as they need intense care and controlled environment. The favorable temperature for the healthy and desired growth of microgreens is 18 to 24°C and relative humidity (RH) of 40 to 60%; therefore, protected cultivation is majorly used.

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Microgreens have been gaining major popularity among the health-conscious people as they contain huge among of vitamins and antioxidants, which helps reduce the risk of cardiovascular and chronic diseases. Furthermore, microgreens need comparatively less resources to grow at home for daily consumption; therefore, it can be easily grown in the garden and rooftop. Rise in adoption of the protected cultivation and financial and technical support from the government to farmers for erection of protected cultivation plants are likely to support to increase the production of microgreens. Furthermore, growing use of microgreens in the food services industry as flavor and texture enhancement ingredient is expected to surge the demand for microgreens.

Due to the COVID-19 pandemic, supply chain has been adversely affected and whole food & beverage industry is still incurring losses. Governments are frequently practicing total lockdown to limit the spread of corona virus, in which restaurants are strictly suggested to close. Restaurant is one of the major selling points of the microgreens. Temporarily, COVID-19 pandemic is restraining the growth of the global microgreens market during the forecast period.

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According to microgreens market analysis, the microgreens market is segmented on the basis of type, farming, distribution channel, end user, and region. On the basis of type, the market is categorized into broccoli, cabbage, cauliflower, arugula, peas, basil, radish, cress and others. By farming, it is segregated into indoor vertical farming, commercial greenhouses and others. According to distribution channel, it is divided into retail stores, farmers market and others. By end user, market is segmented into residential and commercial. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Russia, Spain, Italy, France, Germany, UK, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, Africa)

According to microgreens market forecast, on the basis of type, the arugula segment was valued at $201.8 million in 2019, and is projected to reach $281.7 million by 2028, registering a CAGR of 9.4% from 2021 to 2028. Arugula is one of the most popular type of microgreens among the chefs and consumers. It is majorly used in the restaurants by the chefs as favoring and garnishing agent. It is rich sources of vitamins and minerals. For instance, according to the United States Department for Agriculture (USDA) Trusted Source nutrient database, a cup of arugula weighing around 20 grams contains approximately 5 calories. It contains 0.516 g of protein and 0.132 g of fat per 20 grams of arugula microgreens.

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Key findings of the study

In 2019, the microgreens market was valued at $1,276.0 million, and is estimated to reach $2,049.3 million by 2028, growing at a CAGR of 11.1% during the forecast period.
In 2019, depending on farming, the vertical farming segment was valued at $752.9 million, accounting for 59.0% of the global microgreens market share.
In 2019, depending on end user, the residential segment was valued at $350.9 million, accounting for 27.5% of the global microgreens market share
In 2019, the U.S. was the most prominent market in North America, and is projected to reach $391.0 million by 2028, growing at a CAGR of 10.0% during the forecast period.

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The players operating in the portable air conditioner industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include AeroFarms, Fresh Origins, Gotham Greens, Madar Farms, 2BFresh, The Chef’s Garden Inc., Farmbox Greens LLC, Living Earth Farm, GoodLeaf Farms, and Bowery Farming.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
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According to a new report published by Allied Market Research, titled, “Industrial Hemp Market by Type, Application, and Source: Opportunity Analysis and Industry Forecast, 2021–2027,” The global industrial hemp market size was valued at $4.9 billion in 2019, and is projected to reach $18.6 billion by 2027, registering a CAGR of 22.4% from 2021 to 2027.

Hemp seeds or industrial hemp is obtained from “Cannabis sativa” which contains only traces of tetrahydrocannabinol (THC). Hemp seeds are especially grown for commercial use and it is used in wide range of products. Hemp seeds are rich in two essential fatty acids, linolenic (omega-3) and linoleic (omega-6). They are also rich source of vitamin B1, vitamin B2, vitamin B6, vitamin D, vitamin E, magnesium, calcium and potassium among others. Moreover, very rare plant-based foods are a complete source of protein, hemp seeds on the other hand possess descent amount of protein that can be considered as a value addition to a vegan diet. Since, the humans cannot generate essential fatty acids, the addition of hemp seeds in food application will be useful as they are a rich source of linoleic (omega-6) and linolenic (omega-3). Furthermore, hemp seeds can be used to produce a variety of food products such as hemp milk, hemp oil, hemp cheese substitutes and hemp-based protein powder. Thus, owing to rich source of protein and vitamin hemp seed are used in food and beverages which further fuels the growth of industrial hemp market.

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The raising legalization of the cultivation of hemp is encouraging the producer and research institution to develop new products from industrial hemp. In addition, legalization and increased production of hemp oil may improve the cost of producing hemp oil and subsequently hemp biodiesel. Biofuels is one such application, which is anticipated to have crucial growth potential in the upcoming years. Continuous rise in the price of oil (petrol & diesel), along with the raising concerns about global warming, biofuels have been gaining popularity. Moreover, hemp seed extracts are used to produce hemp biodiesel, which can be used any diesel operated vehicle. Furthermore, industrial hemp can be used to produce ethanol, which is currently processed from food crops like corn and wheat. This process will result in increased efficiency of food production. Thus, raising new product development from hemp is becoming the current industrial hemp market trends.

COVID-19 was declared a pandemic by the World Health Organization (WHO) on March 11, 2020. The COVID-19 pandemic has had a significant impact on the industrial hemp market, due to import and export restrictions on hemps and its related products. In addition, lockdown measures imposed by governments are key challenges exporters face in North America and Asian markets, as they disrupt global supply chain.

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Industrial hemp creates one of the most eco-friendly fabrics in the world owing to which hemp fiber is also called as fiber of hundred uses. Moreover, pure hemp has a texture which is similar to linen and because of its flexibility it used in variety of products such as from clothing to home wares, shoes, accessories, dog collars and others.

The market has been segmented based on type, application, source and region. Based on type, the market is segmented into hemp seed, hemp oil, hemp fiber and others. Based on application the global market is studied across food and beverages, textiles, personal care products, pharmaceuticals and others. On the basis of source, the market is categorized into conventional and organic. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings Of The Study

By type, the hemp oil segment dominated the global market in 2019, and is expected to retain its dominance throughout the forecast period.
By application, the personal care products segment accounted for highest share in the industrial hemp market growth in 2019, and is projected to grow at a CAGR of 19.6% from 2021 to 2027.
By source, the conventional segment led the global demand in 2019, and is expected to retain its dominance throughout the industrial hemp market forecast period.
By region, Asia-Pacific accounted for highest industrial hemp market share in 2019, and is expected to grow at a CAGR of 20.4%.

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The key players profiled in the industrial hemp industry includes Hempco Food and Fiber Inc., Ecofibre, Hemp Inc., GenCanna, HempFlax Group B.V., The Konoplex Group, South Hemp, Plains Industrial Hemp Processing Ltd., MH medical hemp and Hempro International GmbH & Co. KG.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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

The global sparkling wines market size was valued at $33.9 billion in 2019 and is anticipated to reach $51.7 billion by 2027, growing at a CAGR of 7.3% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $17.8 billion from 2019 to 2027. Sparkling wine is a fermented carbonated beverage made with grapes and other fruits. The fermentation process results in the production of alcohol and CO2. During the fermentation process, the gas is not allowed to escape, and thus forms tiny bubbles. This carbonation of wine takes place either in bottles or large tanks. Carbonation can also result from CO2 injected into a few varieties of wines.

Sparkling wine is one of the most popular alcoholic drinks preferred by consumers due to its aroma, taste, quality, and reasonable pricing. Furthermore, global developments, triggered by megatrends, such as urbanization, increasing disposable income, and rapidly aging population, indirectly create demand for sparkling wine, which, in turn, supports the growth of the number of wineries.

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The alcohol industry is anticipated to experience the differential impact of the COVID-19 pandemic on each stage of its value chain through the mediums of affected workforce at industrial level, raw material supply (agricultural produce, ingredients, and intermediate products), trade & logistics, demand–supply volatility, and uncertain consumer demand at foodservice outlets. In addition, production, distribution, and inventory levels across the sparkling wines industry spectrum have experienced severe impact. Strong global concerns about the pandemic have largely but negatively influenced the global sparkling wines industry. Moreover, due to this pandemic, the prices of sparkling wines increased in 2020 to overcome economic instability.

The fast pace of global urbanization has resulted in an increased demand for luxury goods and services, especially in developing economies such as LAMEA and Asia-Pacific. As these goods are considered as status symbols, they are increasingly being adopted in these countries, thus providing attractive opportunities to manufacturers to distribute and sell their products in these locations.

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Consumption of sparkling wines is booming globally as it accounts for 10% of the total wine sales. In recent years, the sale of sparkling wines has grown to 2.5 billion liters consumption every year. Germany was the world champion in sparkling wines consumption, with more than 5 liters per capita and a role as a major distributor of sparkling wines from traditional wine-growing regions in central Europe.

Furthermore, there has been increase in the number of netizens along with rise in internet penetration. Most of the key players in the market strategize on promoting their products on various social media platforms. Through social media marketing strategy, the sparkling wines market attracts critical growth opportunity.

Sparkling wine has witnessed higher rate of penetration in North America and Europe. However, low availability has been observed for this product in some major parts of Asia-Pacific and LAMEA, which is attributed to low-performing macro-economic factors such as low internet penetration and insufficient marketing strategies by manufacturers. Therefore, lower penetration of such products limits the growth of the sparkling wines market.

According to the sparkling wines market analysis, the market is segmented on the basis of type, product, price point, sales channel, and region. Based on type, the sparkling wines market is categorized into red, rose, and white. Red wine is the most consumed wine, and holds the major market share in the global sparkling wines market. Europe has a long tradition of red wine consumption, which has made it simpler for the market to penetrate more. Moreover, the presence of vineyards in European countries producing all varieties of red wine has its impact on the regional red wine market.

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On the basis of product, it is categorized into cava, champagne, cremant, prosecco, and others. The prosecco segment was valued at $12.1 billion in 2019 and is expected to growth at a CAGR of 6.8% during the forecast period. The segment is expected to reach $17.8 billion by 2027. Attributed to increase in disposable income and aspiration of consumers toward experiential luxury, the market is expected to grow significantly in the coming years.

On the basis of sales channel, the supermarket/hypermarket segment dominated the market in 2019, accounting for 52.8% of the market share, and is expected to retain its dominance over the sparkling wines market forecast period. This is attributed to increase in business of retail sales in different regions and availability of large shelf space for maximum sales.

Region-wise, Europe was the prominent market in 2019, garnering maximum market share. The major countries of the region, such as Italy, Spain, and France, held half of the production of wine across the globe. Therefore, the positive economic prospects of Europe seem sufficient for a rise in aspirations among urban consumers with higher disposable income to invest in luxury products. However, the market is expected to provide attractive profitable opportunities to the manufacturers.

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The key players profiled in this report include Accolade Wines Australia Limited, Bronco Wine Company, Casella Family Brands, Caviro Extra S.P.A, Constellation Brands, E. & J. Gallo Winery, Pernod Ricard, The Wine Group, Treasury Wine Estates, and Vina Concha Y Toro SA.

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According to a new report published by Allied Market Research, titled, “Halloumi Cheese Market by Type, End Use, and Nature: Opportunity Analysis and Industry Forecast, 2021–2027,” the global halloumi cheese market size was valued at $421.2 million in 2019, and is projected to reach $737.0 million by 2027, registering a CAGR of 10.0% from 2021 to 2027. The un-flavored segment was the highest contributor to the market, and is estimated to grow at a CAGR of 9.8% during the forecast period. Europe held a leading position in the global market in 2019, and is expected to maintain its dominance in the future.

The growth of the halloumi cheese market can be attributed to growing cross-cultural interaction due to increased accessibility of cross-country travel. Moreover, the growing culture of dining out has further benefitted the market. Halloumi cheese is also considered a vial meat replacement for vegetarian cohort of the global population as it remains hard even after grilling. Furthermore, rise in the number of food service outlets and growing adoption of halloumi cheese in such outlets further drive the market growth. However, ingredient adulteration act as the major restraint for the global halloumi cheese market. In addition, cheese in general is not considered very health and often the health-conscious population avoid cheese due to high concentration of fat and salt, which also hinders the market growth. On the contrary, rise in disposable income of people and growth in fast food culture is expected to provide opportunities for the halloumi cheese market growth.

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The halloumi cheese market is segmented into type, end use, nature, and region. By type, the market is segmented into flavored and unflavored. On the basis of end use, the market is classified into food service and residential. Based on nature, it is divided into organic and conventional. Region wise, it is analyzed across North America (the U.S., Mexico, and Canada), Europe (Germany, the UK, France, Italy, Spain, Cyprus, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East and Africa).

Based on halloumi cheese market forecast by type, the unflavored segment was the highest revenue-generating segment, accounting for a major share in 2019. The growth in this segment can be attributed to it being preferred more over flavored in fast food and by consumers. The flavored segment on the other hand is expected to witness modest growth rate during the forecast period

Based on the halloumi cheese market analysis by end use, the food service segment generated maximum revenue in 2019. The dominance of this segment can be attributed to increase in the number of fast-food restaurants. Furthermore, growing dependence of people on fast food for nutrition has also aided the market growth of food service segment. The residential segment is expected to witness the modest growth rate throughout the forecast period. This can be attributed to growing interest of consumer in cooking homemade dish and cuisines

Based on nature, the conventional segment was the highest revenue-generating segment, accounting for a major share in 2019. The growth in this segment can be attributed to lower price and higher availability in the marketplace. The organic segment on the other hand is expected to witness higher growth rate during the forecast period owing to being healthier.

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Region wise, Europe was the largest market, in terms of revenue generation, with almost half of the global share in 2019. UK and Cyprus are further expected to expand at notable growth rate while dominating the market with the highest share throughout the forecast period. On the contrary, Asia-Pacific and LAMEA are expected to garner the highest growth rate. The growth in these regions can be attributed to increase in cross cultural interaction due to travel.

Key Findings Of The Study

On the basis of type, the unflavored segment is projected to witness the growth rate, during the forecast period.
On the basis of end use, the food service segment is expected to dominate the market from 2021 to 2027.
The organic segment is expected to grow at a significant CAGR during the forecast period.
Cyprus was the largest country, in terms of revenue generation for halloumi cheese in 2019.
LAMEA and Asia-Pacific are anticipated to witness high growth rate, from 2021 to 2027.

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Key players in the halloumi cheese market have relied on strategies such as product launch and business expansion to expand their stance in the global market and to stay relevant in the global halloumi cheese market share. The key players in the halloumi cheese industry profiled in the report are Petrou Bros Dairy Products Ltd., Zita Dairies ltd., Hadjipieris Ltd., Galaktokomio A.D.S Dafni ltd., Arla foods, Almarai, Nordex Foods A/S, CowBoy Farm ltd., Sussex High Weald Dairy, and Lefkonitziatis Dairy Products.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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