A Market Place Research – Page 2691

Industrial Alcohols Market to witness 10.2% CAGR from 2017 to 2023 | by Type, Application, Processing Method, Source, Geography

Allied Market Research published a new report, titled, “Industrial Alcohols Market by Type (Isopropyl Alcohol, Methyl Alcohol, Ethyl Alcohol Isobutyl Alcohol, Benzyl Alcohol, and Others), Application (Fuel, Chemical Intermediates & Solvent, Pharmaceuticals, Personal Care Products, Food Ingredients, and Others), Processing Method (Fermentation and Synthetic), and Source (Molasses, Sugar, Grains, Fossil Fuels, and Others) – Global Opportunity Analysis and Industry Forecast, 2017-2023” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

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At present, the global industrial alcohol market registers significant growth, owing to high demand for biofuels. Moreover, ethyl alcohol, methyl alcohol, benzyl alcohol and isobutyl alcohol are widely used in the fuel and energy sector due to the functional properties of alcohols, such as high-octane number and flammability characteristics. In addition, rapid adoption of biofuel and growth in awareness of deteriorating environment quality drive the demand for industrial alcohols in the fuel sector. Moreover, increase in environmental concerns, massive government support for the production of bioethanol in the developed countries, and emerging applications of alcohols in various end-use industries augment the market growth. Furthermore, the utilization of better, low-cost feedstocks create opportunities for advanced developments of industrial alcohols; thereby driving the demand for alcohol-based products. However, fluctuating prices of raw materials are expected to hinder the market growth.

Industrial alcohol is used as a reagent as well as a solvent, and is manufactured and sold in applications other than beverages, such as the pharmaceutical, personal care, energy sector, and chemical industries. Ethanol, a type of industrial alcohol, is also called as ethyl alcohol, pure alcohol, grain alcohol, or drinking alcohol. It is a volatile, flammable, and colorless liquid obtained from molasses. Moreover, the government of the developing countries have mandated blending of petrol with 5% ethanol, which in turn is expected to boost the fuel the demand for ethanol in the transportation industry.

The grains segment is expected to account for nearly half of the global market, in 2016. Moreover, the grains segment has witnessed strong demand in countries in the forecasted years, such as U.S., UK, and France, owing to its rapid production of alcohols from corn. Corn, wheat, and barley are extensively utilized in these countries for producing bioethanol for industrial purposes. Moreover, increase in the number of distilleries has boosted the use of these raw materials for production of fine-grade ethanol for potable purposes (for beverage purposes).

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In 2016, North America accounted for more than half of the global industrial alcohol market, and is expected to continue this trend during the forecast period, owing to the rapid production and consumption of alcohols, followed by LAMEA.

The major companies profiled in the report include Cargill Inc., MGP Ingredients Inc., Green Plains Inc., Birla Sugar, Cristalco, Greenfield Specialty Alcohols, Flint Hills Resources, Sigma Aldrich, The Andersons Inc., and BASF SE.

Key Findings of the Industrial Alcohols Market:
• In terms of value, the fermentation processing method segment is anticipated to exhibit the growth rate of 10.3% during the forecast period.
• Asia-Pacific is projected to dominate the global market until 2023, registering a CAGR of 11.8% in terms of value.
• The personal care products segment occupied nearly one-fifth share of the global market in 2016.
• Thailand occupied one-fifth of the Asia-Pacific industrial alcohol market in 2016.
• In terms of value, Hungary is expected to grow at a CAGR of 9.9% from 2017 to 2023.

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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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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.

Get More Report: –

Bio-Alcohols Market

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Organic Snacks Market Share is Supported by a CAGR of 13.6% from 2018 to 2025 | $24,035.2 Million

According to a new report published by Allied Market Research, titled, “Organic Snacks Market by Product Type, Distribution Channel, and Generation: Global Opportunity Analysis and Industry Forecast, 2018 – 2025, “the global organic snacks market was valued at $8,783.2 million in 2017, and is expected to garner $24,035.2 million by 2025, registering a CAGR of 13.6% from 2018 to 2025. Snacks are small servings of food eaten between main meals. Organic snacks are food prepared using ingredients that comply with the standards of organic farming. Organic food is also Genetically Modified Organism (GMO)-free and are free of artificial additives and can be better digested by the human body. It includes snacks such as potato chips, corn chips, tortilla chips, and bakery products such as bagel, biscuits, doughnuts, cheese snacks, nut bars, pretzels, crackers, pita chips, and confectionery such as chocolates, candies, candy bars, and other snacks. As consumers tastes have expanded in an increasingly globalized world, many consumers are experimenting with organic foods to satiate their desire for unique taste experience and to align with their increased focus on healthy lifestyles. As a result, organic foods have gained a lot of popularity over the last decade as they are considered safe and a rather healthy option by many consumers.

The growth of the organic snacks industry is driven by increase in disposable income of people along with rise in the living standards of consumers around the globe. Furthermore, hectic lifestyle and increase in the need for convenience and ready to eat food drive the growth of the market and help increase the organic snacks market size. Furthermore, growth in adoption of organic farming practices in various developed region is one of the top impacting factors driving the growth of the organic snack food market. Growth of the retail network in emerging economies, such as India, China, and Brazil, has led to increased availability of organic snacks, thus supplementing the organic snacks market growth. However, high cost of production hampers the widespread adoption and act as the major restraint for the global market. On the contrary, rise in disposable income and increase in willingness of people for buying premium and environment-friendly products in the emerging nations are expected to provide opportunities for the market growth in the coming years.

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Salty snacks segment garnered the highest share in the organic snacks market by product type. The rise in popularity of innovative products with different types of flavor and ingredients attracts consumer toward salty snacks and thus contributing to the market growth. Apart from this, changing lifestyles, food consumption habits, rise in disposable incomes, and increase in food convenience are the major factors impacting the growth of the organic snacks market.

Based on distribution channel, the retail stores segment dominated the organic snacks market in 2017 and is expected to retain its dominance throughout the organic snacks market analysis period due to the fact that these retail stores are located near residential areas and require less efforts purchasing goods. In retail stores, customers can check and compare products before buying and can own them immediately. This ease of purchase adds to the popularity of this segment, thus acting as a key driver of the global organic snacks market.

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By generation, the baby boomers generation is expected to experience the fastest CAGR through the organic snacks market forecast period. This high growth is due to increase in knowledge about health and fitness coupled with the improvements in the retail distribution channels that makes acquiring packaged food such as organic snacks easy.

Key Findings of the organic snacks market:
Based on product type, the salty snacks segment was the highest contributor to the organic snacks market and is expected to grow at a CAGR of 11.8% from 2018 to 2025.
Based on distribution channel, the retail stores segment was the highest contributor to the market in terms of value in 2017 and is estimated to grow at a CAGR of 11.7% from 2018 to 2025.
Based on generation, the millennial segment is expected to grow at a steady CAGR of 12.8% from 2018 to 2025.
E-commerce segment accounted for 16% of the total organic snacks market share in 2017 and is estimated to grow at a CAGR of 15.9%.
In terms of value, North America contributed around two-thirds of the global market share in the organic snacks market in 2017. The key players profiled in the report include Pure Organic, PRANA, Made in Nature, Kadac Pty Ltd, Navitas Naturals, Hormel Foods, Hain Celestial, Conagra Brands, General Mills, and Woodstock Farms Manufacturing.

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The other market players (not profiled in this report) include SunOpta, Simple Squares, YummyEarth, Inc., Utz Quality Food, LLC, Eat Real, Creative Snacks Co., NurturMe, Annies Homegrown Inc, Navitas Organics, Clif Bar & Company, My Super Foods, Sprout, Peeled Snacks, Beanitos Inc., Late July Snacks LLC, 8 Rabbits, Cussons Australia Pty Ltd, Kraft Heinz, Kewpie Corporations, Louisville Vegan Jerky Co., and Organic Food Bar.

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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.

Medical Device Coating Market Expected to Secure Notable Revenue Share During 2020-2030

Allied Market Research published a report, titled, “Medical Device Coating Market by Coating Type (Hydrophilic and Hydrophobic), Material (Metals, Ceramics and Polymers), Application (Medical Devices and Medical Implants) and Device Type (Gynecology, General surgery, Cardiovascular, Dentistry, Neurology, Orthopedics and others): Opportunity Analysis and Industry Forecast, 2020–2030.” According to the report, the global medical device coating industry was estimated at $7.28 billion in 2020, and is anticipated to hit $12.70 billion by 2030, registering a CAGR of 6.8% from 2021 to 2030.

Drivers, restraints, and opportunities-

The fact that antimicrobial properties of medical device coatings can help prevent the spread of HAIs drives the global medical device coating market. On the other hand, strict government implications in this field impede the growth to some extent. However, factors such as advancement & emergence of novel medical devices, increase in demand for implantable devices, and surge in disposable income of the global population are expected to create lucrative opportunities in the industry.

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Covid-19 scenario –

As the supply chain was hugely hit, especially during the initial phase of the pandemic, manufacturing of medical devices was pretty much disrupted, which gave way to declined demand for coatings for medical expedients. This, in turn, impacted the global medical device coatings market negatively.
Also, as the majority of elective surgical procedures were cancelled or postponed, a declined demand for medical devices was also noticed.
However, the market is anticipated to revive soon.

The hydrophilic segment to maintain the lion’s share-

On the basis of coatings type, the hydrophilic segment accounted for the highest market share in 2020, generating more than four-fifths of the global medical device coating market. The same segment is also anticipated to cite the fastest CAGR of 7.1% from 2021 to 2030, due to its non-thrombogenic nature and resistance to abrasion.

The metals segment to lead the trail-

On the basis of material type, the metals segment generated the highest share in 2020, holding more than three-fourths of the global medical device coating market. The same segment is also expected to cite the fastest CAGR of 7.4% from 2021 to 2030. This is attributed to biocompatibility and surface modification qualities.

Prominent market players-

Bayer Ag
Biocoat Incorporated
Surmodics Inc.
Covalon Technologies Ltd.
Royal DSM
Hydromer Inc.
Kisco Ltd.
Precision Coating
AST Products, Inc.
Harland Medical Services

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North America to dominate by 2030-

On the basis of region, North America contributed to the major market share in terms of revenue 2020, holding around one-third of the global medical device coating market, owing to rise in cases of hospital acquired infections (HAI) in the region. Asia-Pacific, however, is projected to cite the fastest CAGR of 7.8% from 2021 to 2030, due to surge in enhanced surgical practices and technological advancements in the province.

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In the Crowded Oncology/Cancer Drugs Market, There’s Room for Revenue Growth

Increase in incidence of cancer, rise in the global geriatric population, and surge in government expenditure on healthcare have boosted the global oncology/cancer drugs market. However, adverse effect associated with use of cancer drugs hinders the market growth. On the contrary, rise in number of pipeline drugs and high growth potential in untapped emerging economies are expected to open new opportunities for the market players in the future.

The Covid-19 pandemic directly affected the supply of oncology drugs to cancer patients. Moreover, it became difficult to administer chemotherapy outside clinics. However, as the number of vaccination drives has increased, the market is expected to get back on track. the global Oncology/Cancer Drugs Market was accounted for $135.49 billion in 2020, and is estimated to garner $274.40 billion by 2030, growing at a CAGR of 7.5% from 2021 to 2030.

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Based on type, the targeted therapy segment held the largest share in 2020, accounting for more than half of the market. However, the immunotherapy segment is projected to manifest the highest CAGR of 8.7% during the forecast period.

On the basis of bases, the breast cancer segment held the lion’s share in 2020, contributing to nearly one-fifth of the market. However, the lung cancer segment is estimated to portray the highest CAGR of 9.3% from 2021 to 2030.

The report offers an analysis of the global oncology/cancer drugs market across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2020, accounting for nearly half of the market. However, the market across Asia-Pacific is anticipated to showcase the highest CAGR of 9.0% during the forecast period.

The global oncology/cancer drugs market report includes an in-depth analysis of the prime market players such as AbbVie Inc., Amgen, Astellas Pharma Inc., AstraZeneca PLC., Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., Johnson & Johnson (Janssen Global Services, LLC,), Merck & Co., Inc., Novartis AG, and Pfizer Inc.

Shoulder Arthroplasty Market to Account $1,814 Mn by 2023

According to a new report published by Allied Market Research, titled, Shoulder Arthroplasty Market by Procedure, Device, Indication, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global shoulder arthroplasty market was valued at $1,080 million in 2016, and is projected to reach $1,814 million by 2023, growing at a CAGR of 7.6% from 2017 to 2023.

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Increase in incidence of arthritis and surge in in geriatric population drive the growth of the global shoulder arthroplasty market. In addition, rise in focus of manufacturers on developing advanced shoulder fracture repair devices supplements the market growth. However, increase in risk of postoperative injuries associated with shoulder arthroplasties hampers the market growth. Conversely, surge in investment by manufacturers to develop shoulder arthroplasty devices in the emerging economies and rise in initiatives to increase awareness towards available treatments for shoulder injuries are expected to provide profitable opportunities for market expansion.

Shoulder replacement or shoulder arthroplasty procedures are performed to replace the ball and sometimes the socket using a prosthesis made up of polythene and metal components. Several types of shoulder arthroplasties can be performed such as partial shoulder arthroplasty, total shoulder arthroplasty, and revision shoulder arthroplasty, depending on the severity of the shoulder joint damage.

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The hospitals & clinics segment generated the highest revenue in 2016, accounting for two-thirds of the total market share, and is projected to maintain this trend throughout the forecast period. Moreover, outpatient surgical centers segment is expected to witness high growth rate of 9.0%, due to increase in number of shoulder arthroplasties being carried out in outpatient surgical facilities, as they are considered to be as safe as inpatient shoulder arthroplasty surgeries.

The major companies profiled in the report includes, Wright Medical Group, Inc. /Tornier Inc., Integra LifeSciences Corporation, Zimmer Biomet, Johnson & Johnson (DePuy Synthes), Arthrex, Inc., Smith and Nephew Plc, Conmed Corporation, DJO Global, Evolutis, and Exactech, Inc.

Key Findings of the Shoulder Arthroplasty Market:

The stemmed hemi segment held the largest share in the global shoulder arthroplasty market for partial shoulder arthroplasty in 2016, accounting for two-thirds share.
The total reverse shoulder arthroplasty segment has registered significant growth rate among total shoulder arthroplasties, and is expected to register a CAGR of 9.2% from 2017 to 2023.
North America dominated the market, accounting for maximum share of in 2016, and is expected to witness a CAGR of 6.9%.
India is expected to grow at a CAGR of 9.5%.
The rotator cuff tear arthropathy indication is anticipated to register highest CAGR of 9.6% from 2017 to 2023.

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Infusion Pumps & Accessories Market High CAGR, Industry Size, New Innovations, Future Scope and Forecast 2030 | Industry estimated to reach $13,264.18 Million by 2030

Infusion pumps are medical devices employed to deliver medications and fluids into patients body in controlled dosages. They are designed according to the usage; for example, for stationary use, the device is placed at patient bedside, and for ambulatory use, they can be wearable or portable. Infused fluids are various medications that are administered on the basis of patient conditions such as nutrients for eternal feeding, insulin, hormones, antibiotics, and others. Moreover, these pumps are widely used in healthcare settings such as patient, outpatient, private clinics, and at-home settings.

According to the report published by Allied Market Research, the infusion pumps & accessories market size was valued at $8138.49 Million in 2020, and is estimated to reach $13,264.18 Million by 2030, growing at a CAGR of 5.0% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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Alarming rise in prevalence of disorders such as cancer and diabetes, rise in healthcare expenditures, rise in government & private funds for development of healthcare sectors, and increase in number of key players for infusion pumps & accessories are expected to notably contribute toward the growth of the global infusion pumps & accessories market during the forecast period.
Onkar Sumant
Manager, Healthcare at Allied Market Research

The major factors that drive the growth of the infusion pumps & accessories market include increase in incidence of chronic diseases such as diabetes, cardiovascular disorders, and cancer; growth in geriatric population who are more prone to aforementioned disorders; numerous applications of infusion pumps; and upsurge in demand for home-based infusion pumps products. However, high risk of postoperative complications after endotracheal intubation and dearth of skilled professionals limit the market growth. Conversely, development of technologically advanced infusion pumps and untapped potential in the emerging economies are anticipated to provide numerous opportunities for the market growth during forecast period.

Key Findings of the Study

By type, the accessories & disposables segment was the highest contributor to the market in 2020.
On the basis of application type, the gastroenterology dominated the market in 2020, and is expected to continue this trend during the forecast period.
On the basis of end user, the hospitals dominated the market in 2020, and is expected to continue this trend during the forecast period
Region wise, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

North America accounted for a majority of the infusion pumps & accessories market share in 2020, and is anticipated to remain dominant during the forecast period. This is attributed to rise in prevalence of chronic diseases, presence of key players, development of the healthcare sector, and presence of numerous infusion pump products. Asia-Pacific is anticipated to witness lucrative growth, owing to increase in prevalence of diabetes patients and improvement in healthcare infrastructure.

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Key Market Players
- B. Braun Melsungen AG
- Baxter International Inc.
- Becton Dickinson & Company
- Fresenius SE & Co
- ICU Medical Inc.
- Insulet Corporation
- Johnson & Johnson
- Medtronic Plc
- Moog Inc.
- Terumo Corporation

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Hernia Repair Devices and Consumables Market 2022 Trends, Industry Analysis,Top Key Players, Future scope and Forecast 2027

hernia-repair-devices-and-consumables-market-2020-2027-1586330050

Rise in advanced meshes demand, surge in implementation of robotic surgeries, and increase in number of hernia patients drive the global hernia repair devices and consumables market. However, high costs related to repair surgeries of hernia and stringent reimbursement policies restrain the market growth. On the other hand, technological advancements and opportunities in emerging countries offer new opportunities in the coming years.

According to the report published by Allied Market Research, the global hernia repair devices and consumables industry generated $4.74 billion in 2019, and is projected to garner $6.35 billion by 2027, witnessing a CAGR of 3.6% from 2020 to 2027. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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COVID-19 Scenario

The demand for hernia repair devices and consumables has significantly dropped during the coronavirus pandemic. Many patients have postponed surgeries due to fear of infection. Moreover, some doctors have also been recommending postponement or conducting surgeries such as hernia repair in extreme conditions only.
Manufacturing and research & development (R&D) activities have been drawn to a close by the manufacturers due to lockdown restrictions by governments. However, some of the factories have started production up to certain extent as restrictions are being lifted off.

growth in number of hernia surgical procedures and rise inprevalence of hernia in low- & middle-income countries play a major role in the growth of the market. Furthermore, rise inawareness of advanced hernia repair devices is expected to boost the market growth in the coming years.
Onkar Sumant
Manager, Healthcare at Allied Market Research

The report provides a comprehensive analysis of the key players operating in the global hernia repair devices and consumables market industry, namely Allergan Plc., B. Braun Melsungen AG, Baxter International Inc., Becton, Dickinson and Company (C.R. Bard, Inc.), Cook Medical, Inc., HerniameshS.r.l., Johnson & Johnson (Ethicon Inc.), Medtronic Plc., The Cooper Companies, Inc., and W. L. Gore & Associates, Inc. The other players in the value chain (not profiled in the report) include Integra LifeSciences, and Insightra medical.

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North America to maintain its dominance in terms of revenue throughout the forecast period

Based on region, North America contributed the majority share, with nearly two-fifths of the total market share of the global hernia repair devices and consumables market in 2019, and will maintain its dominance throughout the forecast period. This is attributed to early approval of hernia repair devices and surge in number of hernia procedures. However, Asia-Pacific is expected to portray the fastest CAGR of 4.9% during the forecast period, owing to affordability, rise in healthcare expenditure, and increase in awareness regarding hernia repair surgeries in emerging nations.

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Anesthesia and Respiratory Devices Market 2022 Size, Industry Growth, Risk, Analysis, Top Leaders and Forecast 2030

According to a new report published by Allied Market Research, titled, Anesthesia and Respiratory Devices Market by Product and End User: Global Opportunity Analysis and Industry Forecast, 2022-2030,”. North America was the highest contributor in the anesthesia and respiratory devices market in 2016; however, Asia-Pacific is expected to witness the highest growth rate during the forecast period.

Respiratory care is a healthcare specialty focused on improving cardiopulmonary functions and promoting health and wellness. Respiratory care devices are majorly classified into therapeutic, diagnostic & monitoring devices, and consumables & accessories. These devices are used to deal with medical conditions, such as asthma, chronic obstructive pulmonary disease (COPD), and other acute & chronic respiratory diseases, in hospitals and homecare settings. Anesthesia is a medical procedure used to provide sedation to the patients using anesthetics to control pain during the course of a surgery. The devices, such as anesthesia delivery machines and disposables, are commonly used during surgical procedures to control pain, breathing, blood pressure, blood flow, and heart rate & rhythm.

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The upsurge in number of surgical procedures globally, advancements in technology, high demand for therapeutic devices in homecare settings, and increase in the number of outpatient surgeries are the major factors that are projected to boost the market growth.
Garima Chandra
Research Analyst, Healthcare at AMR.

Comprehensive competitive analysis and profiles of major market players, such as

The key players operating in the global anesthesia and respiratory devices market include Teleflex Incorporated, SunMed, Smiths Group Plc., ResMed Inc., Medtronic Plc., Masimo Corporation, Koninklijke Philips N.V., Invacare Corporation, Hamilton Medical AG, GE Healthcare, Fisher & Paykel Healthcare Limited, Drgerwerk AG & Co. KGaA, Chart Industries Inc., Becton, Dickinson and Company, Ambu S/A, and 3M Company.

Product Segment Review

Based on the product type, it is bifurcated into anesthesia and respiratory devices. Respiratory devices segment is the dominant segment in the market, owing to the high prevalence rate of respiratory diseases and availability of advanced respiratory devices.

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market Definition and Scope
3.2. Key Findings

3.2.1. Top Winning Strategies
3.2.2. Top Investment Pockets

3.3. Top Player Positioning, 2016
3.4. Porter’s Five Forces Analysis
3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Growth in elderly population throughout the world
3.5.1.2. Rise in prevalence of respiratory diseases
3.5.1.3. Increase in cases of preterm birth
3.5.1.4. Technological advancement in anesthesia monitoring
3.5.1.5. Increase in number of surgeries…………

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“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”

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About Us

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

Contact: David Correa
5933 NE Win Sivers Drive
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Ready Meals Market Is Booming Worldwide Business Forecast 2031

Ready Meals Market by Type (Canned/Preserved Ready Meals, Chilled Pizza, Chilled Ready Meals, Dried Ready Meals, Frozen Pizza, Frozen Ready Meals, and Prepared Salads), End User (Residential and Food Services), and Distribution Channel (Store-based Retailing (Supermarkets/Hypermarkets Discounters, Convenience Stores, and Others) and Online Retailing): Global Opportunity Analysis and Industry Forecast 2022–2031.” As per the report, the global ready meals industry was accounted for $138.1 billion in 2021, and is expected to reach $408.0 billion by 2031, growing at a CAGR of 11.9% from 2022 to 2031.

Rise in convenience and little time required for meal preparation have boosted the growth of the global ready meals market. However, rise in health awareness and negative perception pertaining to health effects of these products hampered the market growth. On the contrary, rise in preference by the working population and students would open new opportunities in the future.

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Covid-19 scenario:

During the Covid-19 pandemic, the demand for ready meals increased significantly. The implementation of lockdown and longer shelf life of ready to eat foods increased their popularity. However, the supply chain was disrupted during the initial quarter of 2020. Moreover, manufacturers have developed new strategies to revive from current market situation.

By type, the frozen pizza segment held the largest share in 2021, accounting for more than one-third of the global ready meals market, owing to rise in disposable income, urbanization, and demand for western-style diets. However, the chilled pizza segment is estimated to register the highest CAGR of 15.3% during the forecast period, due to rise in demand for plant-based and gluten-free choices.

By end user, the food service segment is projected to manifest the highest CAGR of 12.6% from 2022 to 2031, due to rise in demand for commercial areas such as café, restaurant for socializing, and change in pattern of food consumption. However, the residential segment held the largest share in 2021, accounting for nearly two-thirds of the global ready meals market, as it offers the convenience in their desk bound jobs and busy lifestyle.

By region, the global ready meals market across Europe, followed by North America, dominated in 2021, accounting for nearly two-fifths of the market, owing to consumer shift in lifestyle, growing penchant toward fresh and natural food, and dynamic working demographics in the region. However, the market across Asia-Pacific is anticipated to showcase the highest CAGR of 13.5% during the forecast period, owing to rise in demand for fresh and plant-based meals.

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The prominent players have adopted product launch as their key strategy to gain significant share in the market. The key players profiled in the report include Bakkavor Foods Ltd., ConAgra, Greencore Group Plc., JH Heinz Company Ltd., Nestle SA, Fleury Michon, Unilever Group, Northern Food Ltd., Kerry Foods Ltd., and Premier Foods Group Ltd.

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

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Party Supplies Market is booming Globally with Top key players | Party City, Unique Industries, Martha Stewart

According to a new report published by Allied Market Research, titled, “Party Supplies Market by Product Type, Application, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027,”

The global party supplies market size was valued at $12.7 billion in 2019, and is projected to reach $20.3 billion by 2027, registering a CAGR of 8.8% from 2021 to 2027.

The key players operating in the global party supplies industry include Party City, Unique Industries, Martha Stewart, American Greetings, Pioneer Worldwide, Hallmark, Shutterfly, Artisano Designs, Chinet, and Oriental Trading Company.

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Party supplies are materials that are required for a party or event. They include various decorative materials such as balloon, games, pinatas, tableware, banners, and others. The party supplies market is experiencing an exponential growth due to emerging fashion and trends. There has been a lot of innovation and utilization of party supplies as accessories, wherein the items are designed according to the occasion. The leading brands produce supplies for occasions such as birthday, graduation, anniversary, Christmas, Halloween, and others. In addition, expansion of distribution channels, such as online stores, supermarkets, hypermarkets, specialized store, and others, has made these party supplies become easily available to customers, thereby contributing to the party supplies market growth.

Increase in awareness among kids has also created demand for cartoon character theme party supplies. Change in fashion & trend, theme parties, increase in awareness, surge in disposable income, innovation & technology, expansive categories of supplies, commercial use of supplies, unique designs, and variants in color & material drive the growth of the global party supplies market. Moreover, theme parties and use of latex & mylar balloons and in events & parties are the leading party supplies market trends now.

The lockdown scenario caused due to the COVID-19 pandemic has caused the party supplies market to witness loss in sales and revenue. This is attributed to the fact that customers across the globe are maintaining social distancing and restricting themselves from going out frequently to avoid getting infected with COVID-19. Therefore, social distancing and minimum gathering have led to cancellation of various events and parties, thereby leading to loss in sales of various party supplies in terms of value sales. Thus, restricting the growth of party supplies market.

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The global party supplies market analysis is segmented into product type, application, distribution channel, and region. By product type, the market is classified into balloons, banners, pinatas, games, tableware/disposables, home décor, take away gifts, and others. By application, the market is divided into commercial use and domestic use. Based on distribution channel, the market is segregated into convenience stores, e-commerce, supermarket/hypermarket, specialized stores, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Furthermore, by sales channel, the e-commerce segment is anticipated to be the fastest-growing segment, in terms of value sales, during the party supplies market forecast period, owing to the rise in use of online platforms or e-commerce for purchase of party supplies among customers. This is attributed to easy availability of different brands, designs, and types of party supplies available through online platforms. Moreover, online store has time-saving features and the facility of home delivery, which made consumers incline toward online stores. In addition, owing to the COVID-19 pandemic, consumers have restrained themselves to go outside their homes and in crowded places such as supermarkets and hypermarket. This has increased the distribution of party supplies through online stores.

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Key findings of the study

By product type, the tableware/disposables segment accounted for the highest party supplies market share in 2019, growing at a CAGR of 6.4% from 2021 to 2027.
By application, the domestic use segment accounted for the highest market share in 2019, growing at a CAGR of 8.5% from 2021 to 2027.
By distribution channel, the supermarket/hypermarket segment accounted for the highest market share in 2019, growing at a CAGR of 7.6% from 2021 to 2027.
By region, North America occupied maximum share in the party supplies market in 2019 and is expected to dominate the market during the forecast period.

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.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
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