Horse Riding Apparel Market Size Witnessing a CAGR of 4.5% from 2022 to 2031

According to the report published by Allied Market Research, the global horse riding apparel market generated $2.7 billion in 2021, and is estimated to reach $4.1 billion by 2031, witnessing a CAGR of 4.5% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

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The report offers detailed a segmentation of the global horse riding apparel market based on type, gender, distribution channel, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

Based on type, the clothes segment held the largest share in 2021, contributing to around one-third of the global horse riding apparel market, and is likely to maintain its leadership status during the forecast period. The report also offers an analysis of boots and gloves segments.

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Based on gender, the male segment held the largest share in 2021, accounting for around three-fifths of the global horse riding apparel market, and would rule the roost through 2031. However, the female segment is estimated to witness the fastest CAGR of 5.1% during the forecast period.

Based on distribution channel, the sports retail chain segment held the largest share in 2021, accounting for more than one-third of the global horse riding apparel market, and would rule the roost through 2031. However, the supermarkets & hypermarkets segment is estimated to witness the fastest CAGR of 4.8% during the forecast period.

Based on region, the market in Europe was the largest in 2021, accounting for more than one-third of the global horse riding apparel market, and is likely to maintain its leadership status during the forecast period. However, the LAMEA region is expected to manifest the highest CAGR of 4.8% from 2022 to 2031. The other regions analyzed in the study include North America and Asia-Pacific.

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Leading players of the global horse riding apparel market analyzed in the research include Antares Sellier, Ariat International, Inc., Cavallo GmbH & Co. KG, Charles Owen, Dainese, Decathlon S.A, Georg Kieffer Sattlerwarenfabrik GmbH, HKM Sports Equipment GmbH, Horseware Ireland, Justin Boots, Mountain Horse, Phoenix Performance Products Inc., Professional’s Choice, Shanghai Goldtex Clothing & Bags Co., and Whitaker International Ltd.

The report analyzes these key players of the global horse riding apparel market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

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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.

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Diving Equipment Market is Expected to Grow at a High CAGR of 4.5%

According to a new report published by Allied Market Research, titled, Global Diving Equipment Market by Type, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2017-2025, the global diving equipment market size was valued at $3,731.4 million in 2017, and is expected to reach $5,106.7 million by 2025, registering a CAGR of 4.1% from 2018 to 2025.

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Equipment used for diving is practical when submerged. Divers may engage in defence, research, and recreation activities. The introduction of low-cost airlines, an increase in travel and tourism, particularly in coastal areas, and a rise in demand for adventurous activities during family vacations are all factors contributing to the expansion of the diving equipment market. Additionally, it is projected that increased sea link development to support trade growth and the creation of man-made islands in coastal cities like Singapore, Dubai, and New York will support the expansion of the diving equipment sector. Additionally, it is projected that an increase in oil and gas R&D and the construction of sizable hydroelectric power plants will further promote market expansion.

By type, the BCD & regulator segment was the highest contributor in 2017. These products are used by approximately 35%-38% of the divers. The exposure suit segment is anticipated to witness the highest growth, as it is the most common equipment and undergoes high wear & tear.

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Key Findings of the Diving Equipment Market:

  • By type, the BCD & regulator segment dominates the global diving equipment market and is expected to grow at a high CAGR of 4.5%, in terms of revenue, during the forecast period.
  • By distribution channel, the specialty store segment contributes to close to half of the global market in 2017 and is anticipated to grow at a notable CAGR of 4.0%, from 2018 to 2025.
  • By distribution channel, the online segment contributed more than one-fourth of the global market and is expected to witness the highest growth rate at a CAGR of 4.8% in terms of value.
  • By type, the exposure suit segment is the most commonly used equipment and is anticipated to witness a CAGR of 5.4% during the forecast period.
  • The Asia-Pacific region dominates the global diving equipment market, and is estimated to hold more than one-fourth of the global market in terms of revenue and is anticipated to witness the highest growth rate during the forecast period.

The major companies profiled in this report include American Underwater Products, Inc., Aqua Lung International, Johnson Outdoors Inc., Mares S.p.A, Poseidon Diving System AB, Cressi Sub s.p.a, Beuchat, AQUATEC – DUTON INDUSTRY CO., LTD., H2Odyssey, and Dive Rite.

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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.

Fitness and Recreational Sports Centers Market Analysis, Overview, Research & Forecast

According to a new report published by Allied Market Research, titled, Fitness and Recreational Sports Centers Market by Type and Age Group: Global Opportunity Analysis and Industry Forecast, 2017-2023,” the global fitness and recreational sports centers market size was valued at $83,680 million in 2016, and is expected to reach $113,116 million by 2023, registering a CAGR of 4.4% from 2017 to 2023. North America dominated the global market, accounting for more than one-third share in 2016.

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Rise in awareness about the benefits of fitness is anticipated to increase the number of individuals in the gyms, thus driving the growth of the overall fitness and recreational sports centers market. In addition, increase in cases of obesity and rise in prevalence of osteoporosis & lowering of bone density have prompted people to focus on health and fitness seriously. Furthermore, rise in disposable income of consumers is expected to boost the growth of the global fitness and recreational sports centers industry during the forecast period.

The gymnasiums segment held the major share in the global market in 2016, and is anticipated to retain its dominance till the end of forecast period.

The population below the age of 35 is estimated to hold a significant share in the global market in 2016, as this age group constitutes major working population. Moreover, the number of these individuals going to gyms is on an increase to counter the side effects of their hectic urban lifestyles.

Many global corporations have already installed in-house fitness centers within their office premises, which promote the growth of the market. Moreover, the hospitality industry and residential societies are also following the same trend. Furthermore, the international fitness chains have taken up franchise routes to tap the developing markets such as India, Indonesia, and China, which is projected to provide lucrative opportunities for market expansion.

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Key Findings and Scope of The Fitness and Recreational Sports Centers Market:

  • In terms of value, the handball sports segment is anticipated to be grow at the highest rate during the analysis period.
  • North America is estimated to maintain its lead throughout 2023, registering a CAGR of 3.1%, in terms of value.
  • In terms of value, the aerobic dance segment occupied approximately 10.2% of the total market in 2016.
  • China occupied 32.0% of the Asia-Pacific fitness and recreational sports centers market in 2016.
  • In terms of value, UK is expected to grow at the highest CAGR of 5.8% in the European region.

In 2016, North America and Europe collectively accounted for around 68.0% of the total fitness and recreational sports centers market; however, its market share is anticipated to decrease by the end of the forecast period. Moreover, increase in middle class population in Asia-Pacific is expected to drive the market growth in this region.

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The major companies profiled in the report include 24 Hour Fitness, Equinox, Gold’s Gym, Planet Fitness, Life Time Fitness, Town Sports International, Fitness First and Virgin Active, Konami Sports Club, McFit, and CrossFit Inc.

Reasons to Buy this Fitness and Recreational Sports Centers Market Report:

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> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.

> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.

> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors

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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.

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

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Camping Utensils Market Size Growing At a CAGR of 6.0% | Key Player – Amg-Group, Big Agnes, Inc, Dometic Group Ab, Exxel Outdoors, LLC

ccording to the report published by Allied Market Research, the global camping utensils market garnered $2.6 billion in 2021, and is estimated to generate $4.6 billion by 2031, manifesting a CAGR of 6.0% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.  

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Availability of camping equipment through online platformserves as a potential opportunity for the expansion of the global camping utensils market. However, due to the pandemic, the demand for camping equipment and utensils declined in 2020 as compared to 2019. Based on region, North America held the largest share in 2021, contributing to more than two-fifths of the global camping utensils market share.

The research provides detailed segmentation of the global camping utensils market based on application, distribution channel, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.  

Based on application, the personal segment accounted for the highest share in 2021, contributing to nearly three-fifths of the global camping utensils market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the commercial segment is expected to manifest the highest CAGR of 6.3% from 2022 to 2031. 

Based on distribution channel, the business-to-business segment accounted for the highest share in 2021, holding nearly one-third of the global camping utensils market, and is expected to continue its leadership status during the forecast period. However, the online retailers segment is estimated to grow at the highest CAGR of 6.6% during the forecast period.  

Based on region, North America held the largest share in 2021, contributing to more than two-fifths of the global camping utensils market share, and is projected to maintain its dominant share in terms of revenue in 2031. However, the Asia-Pacific region is expected to manifest the fastest CAGR of 7.2% during the forecast period. The research also analyzes regions including Europe and LAMEA. 

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Leading market players of the global camping utensils market analyzed in the research include Amg-Group, Big Agnes, Inc, Dometic Group Ab, Exxel Outdoors, LLC, Hilleberg The Tentmaker Ab, Johnson Outdoors, Newell Brands, Oase Outdoors Aps, Simex Outdoor International Gmbh, and VF Corporation.  

The report provides a detailed analysis of these key players of the global camping utensils market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.  

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. 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. 

Sex Toys Market Share to Grow at a CAGR  4.3% from 2021 to 2030 |  Men Segment is Estimated to Manifest the Fastest CAGR of 4.8% from 2021 to 2030

According to the report published by Allied Market Research, the global sex toys market generated $38.68 billion in 2020, and is estimated to reach $47.61 billion by 2030, witnessing a CAGR of 4.3% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top investment pockets, regional landscape, key segments, value chain, and competitive scenario.

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Increase in instances of AIDS/HIV and STIs along with aggressive social media marketing strategies drive the growth of the global sex toys market. However, reduced sexual acts hinder the market growth. On the other hand, surge in the millennial population and rise in investments in producing innovative products open up new opportunities in the coming years.

Rise in sexual interests of millennial and awareness regarding sex toys products are expected to boost the market growth during the forecast period. In addition, issues such as hectic & busy schedules, stress, frustration, medication, aging problems, and hormonal issues are likely to reduce sexual stamina of individuals; hence wellness products such as sex toys supplements gained have gained major popularity among young couples.

Technological up gradation in sexual wellness products is majorly attracting consumers to buy and use the products. Many key players in the industry are upgrading products to stand apart from their competitors. Now sex toys are available sensor, which is further anticipated to positively influence the global sex toys market throughout the forecast period.

According to sex toys market analysis, the sex toys market segmented into product type, end user, distribution channel, and region. On the basis of product type, the sex toys market report is categorized into vibrators, dildos, rings, and others. By end user, it is segregated into women and men. According to distribution channel, it is divided into supermarket & hypermarket, specialty store, drug store, and online stores. The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Based on product type, the vibrators segment held the highest market share in 2020, accounting for nearly two-fifths of the total share, and is expected to continue its lead position during the forecast period. However, the rings segment is expected to register the highest CAGR of 4.7% from 2021 to 2030.

Based on end use, the women segment held the largest share in 2020, accounting for more than three-fifths of the global sex toys market, and is projected to maintain its leadership status throughout the forecast period. However, the men segment is estimated to manifest the fastest CAGR of 4.8% from 2021 to 2030.

Based on region, North America accounted for the highest share in 2020, contributing to nearly half of the total share, and is expected to maintain its dominance by 2030. However, Asia-Pacific is projected to portray the fastest CAGR of 5.1% during the forecast period.

Leading players of the global sex toys market analyzed in the research include Adam & Eve Store, California Exotic Novelties, Llc, Bijoux Indiscrets, Church & Dwight Co., Inc., Caya Co-Operative Ltd., Hot Octopuss Limited, Doc Johnson Enterprises, Reckitt Benckiser Group Plc, Tenga Co., Ltd, and We-Vibe.

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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.

Asia-Pacific Food Coatings Market is Rapidly Growing with Huge Application Scope & Opportunities

Increasing popularity of fast-food restaurants majorly boosts the growth of the Asia-Pacific food coatings market. China and Japan are the largest consumers of food coatings, owing to the presence of large urban population base and surge in the number of quick-service restaurants (QSRs) such as McDonalds, Burger King, Wendy’s, Subway, and Dunkin’ Donuts. These outlets rely on the use of food coatings such as batter, breading, oven coating, predust, and others to improve taste and enhance the visual appeal of the served food items, thereby fueling the market growth. In addition, growth of retail chains in India, China, Thailand, Vietnam, and others leads to large-scale usage of food coatings as well as beef, pork, poultry, seafood, and other meat products. Food coating serves as an important ingredient used during cooking fried and crusted meat, which further increases its demand; thereby, driving the growth of the Asia-Pacific food coatings market.

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Asia-Pacific Food Coatings Market by Type, Application, Form, and End User: Opportunity Analysis and Industry Forecast, 2021–2030,” The Asia-Pacific food coatings market size was valued at $562.5 million in 2020, and is projected to reach $1,275.9 million by 2030, registering a CAGR of 8.2% from 2021 to 2030.

Growth of retail chains in India, China, Thailand, Vietnam, and others leads to large-scale usage of food coatings as well as beef, pork, poultry, seafood, and other meat products. Food coating serves as an important ingredient used during cooking fried and crusted meat, which further increases its demand; thereby, driving the growth of the Asia-Pacific food coatings market.

The global coronavirus pandemic has created a number of challenges for exporters in the developing and developed countries. Challenges for engaged stakeholders in the food coating market are likely to prevail owing to widespread restrictions across the continent. Supply chain disruption, lack of availability of worker, complete shutdown of hotels & restaurants, lack of tourism, demand-supply volatility has negatively affected the Asia-Pacific food coatings market opportunities. Moreover, restriction on the movement of goods along with quarantine and lockdown measures imposed by governments are key challenges food coatings players are facing during this pandemic.

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Key findings of the study

By type, the predust segment was the highest contributor to the market in terms of value, and is estimated to grow at a CAGR of 4.7% from 2021 to 2030.
By application, the meat & seafood segment accounted for the highest Asia-Pacific food coatings market share in 2020, growing at a CAGR of 7.2% from 2021 to 2030.
By form, the dry segment accounted for the highest market share in 2020, growing at a CAGR of 7.5% from 2021 to 2030.
By country, China occupied the maximum share in the market in 2020 and is expected to be the dominating country during the Asia-Pacific food coatings market forecast period.

Reasons to Buy This Asia-Pacific Food Coatings Market Report:

○ Mergers and acquisitions should be well-planned by identifying the best manufacturer.
○ Sort new clients or possible partners into the demographic you’re looking for.
○ Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
○ Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
○ To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
○ Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
○ To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors.

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.

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

Fox Nuts Market Size, Share, Industry Analysis and Global Forecast to 2031

The Fox Nuts Market size was valued at $38.90 million in 2021, and is estimated to reach $87.10 million by 2031, growing at a CAGR of 8.4% from 2022 to 2031.

Fox nuts are available in two types, organic and inorganic, both of which are gluten-free and have a low glycemic index. Inorganic fox nuts contain higher yield over organic fox nuts. They are available in different flavors such as baked, roasted, popped, and fried. However, they lose all the nutritious properties when they are fried or roasted, but most of the people demand for baked fox nuts as they are more healthy snacks in nature.

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The major players analyzed for global fox nuts industry are Caryopses Pvt. Ltd., Deliciano Global Pvt. Ltd., Hindustan Foreign Traders, Hunan Cereals, Oils and Foodstuffs Import and Export Group Co. Ltd., Indulge Foods Private Limited, Karnavati Spices, M N Foods, Madhubani Makhana, Mahaveer Udhyog, and Makhana Amrit Mantra Pte. Ltd. These major market players have adopted various strategies such as product launch and acquisition to expand their market reach. 

The hectic lifestyle of customers surge the fox nuts market demand, as fox nuts are consumed in breakfast meal or snack meals. They are used as a supplement for a healthy balanced diet. The utmost reason for increase in demand of fox nuts is that dieticians advise people to consume fox nuts in their evening snacks, which helps them to subside their hunger. However, excess consumption of fox nuts leads to constipation, bloating, allergies, and gastrointestinal issues. Thus, these fox nuts market trends are shaping the market dynamics. 

In India, South Korea, Japan, and Russia, fox nuts are farmed. Fox nuts can be blended with vegetables, popped like corn, and consumed as porridge. They have been shown to be high-nutrient food products with medicinal characteristics that are beneficial to one’s daily health diet. Vitamins, minerals, and fiber are among the nutrients found in this product. Fox nut is a high-value product that is only commercially grown in Bihar and a few other places of eastern India. In addition, it is grown as a natural crop in the Indian states of Madhya Pradesh, Rajasthan, Jammu & Kashmir, Tripura, and Manipur.

The global fox nuts market is segmented into type, nature, application, distribution channel, and region. On the basis of type, the fox nuts market is classified into raw and processed. Among these, the processed segment occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. The fox nuts market growth of the processed fox nut segment is attributed to nutrients and health benefits provided by roasted fox nuts. However, the raw fox nuts segment is anticipated to grow at highest CAGR in the future. 

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Depending on nature, the fox nuts market is bifurcated into organic and conventional. Among these, the conventional occupied the major share of the market in 2021, and is projected to maintain its dominance during the forecast period. This is attributed to low cost of conventional fox nuts as compared to organic fox nuts.  

By application, the market is segregated into human consumption and industrial. The human consumption segment is anticipated to grow at the highest rate during the forecast period, owing to increase in trend of ready-to-eat food products. Moreover, nutritious and healthy food preference is growing at a rapid pace among households. 

As per distribution channel, the market is categorized into supermarkets & hypermarkets, specialty stores, online sales channel, and others. The online sales channel segment is anticipated to grow at highest CAGR during the forecast period, due to rise in internet penetration and usage of smartphones & tablets. 

In 2021, Asia-Pacific accounted for 34.8% in the fox nuts market, and is expected to maintain its dominance during the forecast period. However, North America and Europe are expected to possess the highest CAGRs, owing to rise in health concerns among people and increase in popularity of fox nuts in these regions.

Owing to COVID-19, increase has been witnessed in the demand for healthy food products such as fox nuts. The sales of healthy snacks have increased, as they are consumed by health-conscious people to maintain a healthy body and appetite. Fox nuts are mostly produced in Asia-Pacific and supplied the product to other countries. The supply has been hampered due to trade barriers and travel restrictions.

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KEY FINDINGS OF STUDY
•    By type, processed was the major segment of the fox nuts market in 2021, and is anticipated to grow at a significant CAGR of 8.2% during the forecast period.
•    On the basis of nature, the conventional segment dominated in 2021, and is anticipated to grow at a significant CAGR of 8.0% during the forecast period.
•    Depending on application, the human consumption segment is expected to grow at a CAGR of 8.0%, in terms of value, during the forecast period.
•    As per distribution channel, the online sales channel is anticipated to grow at a CAGR of 8.8% during the forecast period. 
•    Region wise, Asia-Pacific was the dominant region in 2021, occupying 34.8% fox nuts market share.

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.

Luxury Wines and Spirits Market Targets to Reach $1,411 billion by 2027 | Industry Demand and Opportunities

Increase in demand for premium quality luxury goods and rise in disposable income & rapid urbanization are the driving factors the luxury wines and spirits market growth. Moreover, consumer, mainly millennials are more health conscious and they are willing to try new, healthier, alternatives to traditional soft drinks. Thus, this factor is likely to surge in the growth in popularity of cocktails drinks.

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Luxury Wines and Spirits Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020–2027,” The global luxury wines and spirits market size was valued at $970 billion in 2019, and is anticipated to reach $1411 billion by 2027, with a CAGR of 4.9% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $441 billion from 2019 to 2027. Luxury 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 creates demand for luxury wine and spirits, which, in turn, supports the growth of the number of wineries.

The fast pace of global urbanization has resulted in an increased demand for luxury goods and services, especially in developing economies like LAMEA and Asia-Pacific. As these goods are considered as status symbols, they are increasingly being adopted in these countries, thus providing attractive luxury wines and spirits market opportunity to manufacturers to distribute and sell their products in these locations. Furthermore, international events like film festivals, art exhibitions, auctions, and award shows have increased the demand for wines and spirits at such social gatherings, which in turn, augments the luxury wines and spirits market growth.

The major players in the luxury wines and spirits market are investing in R&D to enhance the quality of wine and spirits and gain competitive advantage over other players in the market. However, stringent government policies about advertisements and distribution of wines and spirits hamper the market growth.

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The key players profiled in this report include Diageo, Pernod Ricard Bacardi, Brown-Forman, Thai Beverage Public Company Limited, Davide Campari-Milano S.p.A, Hitejinro Co.Ltd, Suntory Holdings Limited, Edrington, and LVMH Moët Hennessy – Louis Vuitton.

Key findings of the study

The global luxury wines and spirits industry was valued at $970 billion in 2019, and is anticipated to reach $1411 billion by 2027, with a CAGR of 4.9% during the forecast period.

By type, the spirits segment is estimated to witness the fastest growth, registering a CAGR of 4.8% during the forecast period.

In 2019, by distribution channel, the retail segment held the highest share, accounting for 41.44% of the global luxury wines and spirits market share.

In 2019, Europe was the most prominent market, and is expected to grow at a significant CAGR of 4.50% throughout the luxury wines and spirits market forecast period.

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Reasons to Buy This Luxury Wines and Spirits Market Report:

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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.

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

Key Insights on $1,010.9 Million Opportunity in the Energy Bar Market – Brighter Foods Ltd, Cliff Bar & Company, General Mills

The rise in number of health-conscious consumers, increase in awareness of the benefits of energy bars, entry of new market players, and growth of digital marketing are the primary drivers of the market. Moreover, as more athletes and social media influencers continue to endorse energy bars, the global sale of energy bars is expected to rise steadily in the coming years. During the forecast period, these factors are expected to propel the growth of the Energy Bar Market

According to a new report published by Allied Market Research, titled, “Energy Bar Market by Type, Nature, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2028,” 

An energy bar is a healthy snack bar made up of nutritional ingredients that are designed to increase energy and endurance. The main feature that sets it apart from other protein and snack bars is its high carbohydrate and sugar content, which contributes to its high energy value. 

One of the key factors driving innovation in the food & beverages industry is the rapid evolution of consumer preferences. At present, the current energy bar market trends indicate that the demand for energy bars is expected to grow at an impressive rate in the coming years, owing to the steady rise in number of health-conscious people around the world as well as growing awareness about the benefits of energy bars.

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Global Leaders:

Brighter Foods Ltd, Cliff Bar & Company, General Mills Inc, Kind LLC, McKee Foods Corporation, NuGo Nutrition, Premier Nutrition Inc, Probar LLC, Quest Nutrition, and Kellogg Company.

Attributed to the fast-paced lifestyle, particularly in urban areas around the world, an increasing number of consumers are turning toward on-the-go products to meet their nutritional needs. As a result, energy bars have become increasingly popular in recent years.

Furthermore, over the last decade, a large number of players have gradually entered the global energy bar market, resulting in the availability of energy bars with a variety of flavors, sizes, and nutritional content through various distribution channels. Another factor that has contributed to the popularity of energy bars in recent years is digital boom as brands continue to promote their products through online sales channels such as social media, newsletters, and e-mail marketing. While the global energy bar market remains competitive, market players are expected to focus on packaging, pricing strategies, and marketing strategies to gain a competitive advantage in the current market landscape.

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Various types of energy bars available in the market include meal-replacement bar, whole food bar, oat bar, and endurance bar.

By type, the protein bar segment was the highest revenue contributor in 2020 attributed to the fact that to stay fit and healthy in daily lives, consumers are increasingly turning to weight management and energy products such as protein bars. By nature, the organic segment held the largest market share as the growing awareness of various health effects of artificial additives, such as color, flavor, sweeteners, and preservatives, has fueled the demand for an organic energy bar. Depending on the distribution channel, the specialty stores segment led the market, owing to the availability of a large variety of energy bar in these stores.

Manufacturers use smart labeling on their products to conceal the presence of high calorie or sugar levels by mentioning fortified or added functional ingredients/elements found in confectionary bars. To eliminate the general perception of health risks associated with the consumption of confectionary bars, it is expected that manufacturers will work to incorporate functional ingredients/elements into their final offerings to gain consumers and increase their energy bar market share.

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Restriction is also imposed by stiff competition from other types of energy bars. Other constraints include lack of flavor and high sugar content in many energy bars, which forces consumers to rethink energy bars as a healthy food product. Furthermore, fitness clubs’ marketing campaigns promoting energy bars as a meal replacement have boomed energy bar sales.

The global demand for energy bars has been fueled by the prevalence of hectic consumer lifestyles that resulted in on-the-go food consumption. Furthermore, rising health concerns among consumers who prefer a balanced diet with nutrient-rich ingredients have boosted the product demand. The energy bar market UK is fueled by the continuous product innovation done in the category of conventional energy bars.

Key findings of the study :

  • The global energy bar market was valued at $645.0 million in 2020, and is projected to reach $1,010.9 million by 2028, registering a CAGR of 6.4%.
  • North America was the highest revenue contributor, accounting for $232.2 million in 2020, and is estimated to reach $389.2 million by 2028, with a CAGR of 7.0%.
  • By type, the protein bar segment was the highest contributor to the market, with $217.9 million in 2020, and is estimated to reach $367.0 million by 2028, at a CAGR of 7.1% during the forecast period.
  • On the basis of nature, the organic segment was the highest contributor to the market, with $348.1 million in 2020, and is estimated to reach $565.2 million by 2028, at a CAGR of 6.6% during the forecast period.
  • In North America, the U.S. was the highest revenue contributor with $114.5 million in 2020, and is estimated to reach $200.0 million by 2028, registering a CAGR of 7.5%.

Reasons to Buy:
✅ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Energy Bar Market.
✅ Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
✅ The key findings and recommendations highlight crucial progressive industry trends in the Energy Bar Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
✅ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
✅ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
✅ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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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.

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Body Dryer Market to Record CAGR of 3.4% Rise in Growth by 2026

According to a new report published by Allied Market Research titled, Body dryer Market by Type and End Use: Global Opportunity Analysis and Industry Forecast, 2019 – 2026,”the body dryer market size was valued at $2,641.5 thousand in 2018, and is projected to reach $3,424.0 thousand by 2026, growing at a CAGR of 3.4% from 2019 to 2026. Body dryers are air blowing electric appliances (similar to hand dryer or hair dryer) used in drying an individual’s complete body after bathing or swimming, thus substituting the use of a towel.

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Body dryers are not only limited to sanitation and luxury but are also helpful for disabled & aged people to dry themselves after bathing., thus reducing the risk of mishaps such as slipping & falling. This serves as a major reason for increased adoption of body dryer in hospitals and medical units.

Regional Outlook:

In the Asia-Pacific region, China and Japan dominate the market. Moreover, toilets in Japan are well-equipped with numerous unconventional features, which are seldom seen outside of the country. The features commonly found are related to hygiene, temperature control, and deodorization. Thus, body dryers have experienced considerable adoption in Japan.

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Major Key Players:

The report offers a comprehensive analysis of the key players such as Avant Innovations, Dolphy India Private Limited, Full Body Dryer LLC, Haystack Dryers, Indiegogo, Inc., Kingkraft, Orchids International, Regal Care Shower Trays Ltd., Tornado Body Dryer, LLC, and Valiryo.

Key Findings of the Body dryer Market:

  • In 2018, the U.S. was the highest contributor to the body dryer market, growing at a CAGR of 3.1% from 2019 to 2026.
  • In 2018, the wall mounted segment accounted for nearly three-fourths of the body dryer market, and is estimated to grow at a CAGR of 3.7% from 2019 to 2026.
  • The residential segment is expected to growth at CAGR of 4.4% during the forecast period.
  • In 2018, the commercial segment dominated the global market, and is estimated to grow at CAGR of 3.3%.
  • In 2018, China accounted for a prominent market share, and is anticipated to grow at the highest CAGR of 5.9%.

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The report focuses on the global body dryer market trends, growth prospects, restraints, and opportunities. The study provides Porter’s five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the body dryer industry.

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.

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

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

UK: +44-845-528-1300

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help@alliedmarketresearch.com

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