Citric Acid Market Size to Surpass USD 5.73 Billion By 2024

28 September 2018, The global Citric Acid Market is expected to reach USD 5.73 billion by 2024 driven by its increasing use in food & beverages and household detergents & cleaners. The growth of these end-use industries, particularly in emerging economies of Asia Pacific region, is anticipated to boost the growth of the chemical over the projected period.

The biobased and chelating characteristics of citric acid make it a viable solution to several toxic substances used for manufacturing detergents & cleaners, especially for household purposes. Rising awareness regarding cleanliness and hygiene is expected to augment the demand for detergents & cleaners, resulting in a volume CAGR of 3.8% over the projected period.

Asia Pacific dominated the global industry accounting for 29.6% of the global citric acid market volume share in 2016.

Global citric acid market volume, 2014 – 2024 (Kilo Tons)

Rapid industrialisation resulting in the presence of large-scale manufacturing bases for food & beverages, pharmaceuticals, and cosmetics is expected to augment the demand for the chemical as an intermediate in several processes.

Increasing healthcare expenditure coupled with rising number of ailments across the world is expected to augment the demand for pharmaceuticals. The demand for citric acid in pharmaceutical applications was estimated to be 153.1 kilo tons in 2016 and is projected to progress in tandem with the development of the pharmaceutical sector.

The difference in the properties of citric acid has resulted in making it suitable for use across a broad range of applications. The dual use of citric acid as a preservative as well as a flavouring agent in foodstuffs is expected to augment its demand for household purposes. Moreover, its suitability for a broad range of cuisines makes its suitable for restaurants. Increasing standard of living of consumers is expected to augment the demand for the product over the projected period.

In line with the growing demand for the chemical, manufacturers such as Jungbunzlauer, ADM, and Cargill are focusing on increasing their market presence through R&D to introduce innovative products catering to niche application segments. Thus, the growth of the food & beverages, pharmaceutical, and cosmetic industries coupled with the eco-friendly properties of the product is expected to drive the growth of the citric acid market over the forecast period.

Browse Details of Report @ https://www.hexaresearch.com/research-report/citric-acid-market

VAM is utilized in the manufacture of chemicals like EVA and EVAC. There is growing consumption of these chemicals in the solvents and adhesives industry, leading to rising demand for VAM. Demand for acetic acid in VAM was more than 3,500 kilo tons in 2014. This application segment is expected to grow at a CAGR of more than 3.9% from 2015 to 2022. VAM will be increasingly demanded by developing economies like China, India and Brazil, consequently leading to growth of acetic acid market in future.

Hexa Research observed that China led the global acetic acid market in 2012 with a share of more than 39% of volumes. A strong manufacturing base and possible expansion of the same in future will contribute to China retaining its market leadership. Asia Pacific followed China in terms of market share, with key demand emerging from India and Japan. The acetic acid industry in Asia is likely to grow at a CAGR of more than 10% from 2015 to 2022.

Hexa Research identifies Celanese, BP, DuPont, Eastman Chemicals, BASF, Wacker Chemie and Jiangsu Sopo (Group) Co., Ltd., among others, to be the key participants in the global acetic acid market. The industry showcases a fragmented nature with several manufacturers operating at varied levels of capacities.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/bulk-chemicals-industry

Plastics Market Size Projected to Grow at 8% CAGR till 2020

28 September 2018, The global Plastics Market is expected to grow rapidly at a healthy CAGR of over 8 % from 2014 to 2020. Plastics are synthetic/semi-synthetic organic solid materials that are used to create various valuable products. On account of the ease of manufacture, low cost, flexibility of use, and availability of raw materials, plastics have replaced a number of conventional materials such as paper, wood, metal, leather, glass, and ceramic in the majority uses. This is also projected to boost the global market. Moreover, various technologies that reprocess plastics are anticipated to be the key growth drivers for the global market.

However, the fluctuating prices of raw materials along with the rising environmental concerns related to plastic disposal are likely to hamper the market growth in the near future. To beat such challenges, the market players have shifted their focus towards developing some bio-based alternatives to usual plastics. The industry is categorized into products, applications, and regions.

Browse Details of Report @ https://www.hexaresearch.com/research-report/plastics-industry

The products sector comprises Polyvinyl Chloride (PVC), polystyrene, Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), and engineering thermoplastics. The PE sector dominated the overall plastics market in 2013 accounting for over 35 % of the global market share. The rising demands from various end-use segments such as food & beverage packaging, injection molding, etc. led to the biggest market share. The PET sector is anticipated to be the fastest growing product sector with a CAGR of 9 % from 2014 to 2020. The rising demands for PET plastics from the carbonated soft drink packaging market are projected to further augment the demands for PET plastics during the next few years.

The application sector includes injection molding, film & sheets, construction, packaging, textiles, and transportation. The films & sheets sector occupied over 45 % of the global share in 2013. Films & sheets are mainly utilized in food packaging and pharmaceuticals. This is said to boost the product demands in the near future. The application in plastic pipes is also likely to experience a substantial growth with a CAGR of 6 % over the forecast period.

Asia-Pacific was the largest regional market for plastics in 2013. The European & North American markets are quite mature and are said to grow slowly than other regions. The Central & South America region is estimated to register the maximum CAGR of over 6.5 % from 2014 to 2020.

Major companies in the plastics market are Saudi Basic Industries Corp.; E. I. du Pont de Nemours and Company; and BASF SE.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/plastics-polymers-and-resins-industry

Global 3D Scanner Market Size to Reach USD 3.8 Billion By 2025

27 September 2018, The global 3D Scanner Market size is projected to reach USD 3.8 billion by 2025. Increasing adoption in healthcare industry for making customized gloves and prosthetics is expected to drive the market over the projected period. Medical industry is one of the potential end-use markets generating demand for high-end portable/handheld scanners as they are preferred at medical specialties.

Ability to obtain comprehensive information and geometry of vehicle parts is anticipated to escalate the usage of 3D scanners in the automotive industry. For instance, automotive industry adopted SMARTTECH 3D scanner to build a supercar. Production of prototypes to achieve precision and durability in sports car becomes easier with the help of these scanners.

Accurate and textured 3D models of objects including motorcycle exhaust system and alloy wheel is expected to boost demand for structured light scanners over the forecast period. Taking precise measurements in sharp resolution and effective scanning increases their scope of application. Structured light scanners are ideal for capturing objects of various kinds including the ones with black and shiny surfaces.

Global 3D scanner market size, by application, 2015 - 2025 (USD Billion)

Fast and thorough indoor and outdoor three-dimensional measurement is expected to promote product demand. Moreover, growing scope of application in oil and gas industries for pipeline surveying is considered as one of the key growth drivers for the 3D scanner market. Constant technological developments to attain high efficiency and rising consumer awareness are expected to further drive the market.

Adoption of strategies such as mergers and acquisitions and new product developments by manufacturers to ensure sustainability will create a favorable scenario for 3D scanners throughout the forecast period. For instance, in 2016, SHINING 3D, a Chinese 3D digitizing and printing enterprise, signed an agreement with KS DESIGN LAB from Japan to market its EinScan-Pro and EinScan-S 3D scanners. In addition, in April 2017, FARO Technologies, Inc. acquired Nutfield Technology, a laser scanner manufacturer to expand its geographical presence and product portfolio.

Growing demand for smaller, portable, and plug and play solutions for high-resolution and accurate scans has created opportunities for companies to integrate and expand their product portfolio. For instance, in November 2017, Leica Geosystems, specializing in measurement technology, announced new ScanStation P50 3D scanner, which offers a scanning range capability of more than one-kilometer. In April 2018, Artec 3D, developer and manufacturer of 3D software and hardware, announced integration of handheld scanners with Geomagic freeform software to streamline workflow for manufacturing ready design.

Manufacturers in 3D scanner market focus on product development to sustain the stern competition. Some of the key market players include Hexagon AB; CREAFORM; Artec 3D; FARO Technologies, Inc.; 3D Digital Corp.; Surphaser; Topcon Corporation, Maptek Softwares LLP; and ShapeGrabber, Inc.

Browse Details of Report @ https://www.hexaresearch.com/research-report/3d-scanner-market

Hexa Research has segmented the global 3D scanner market report based on product, range, and application:-

Segmentation by Product

    • Laser Scanner

    • Optical Scanner

    • Structured Light Scanner

Segmentation by Range

    • Short Range

    • Medium Range

    • Large Range

Segmentation by Application

    • Healthcare

    • Aerospace & Defense

    • Architecture & Engineering

    • Industrial manufacturing

    • Others

Key players analyzed:

    • ABB

    • RH Marine

    • Kongsberg Gruppen

    • Fugro

    • Vaisala

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/semiconductors-and-electronics-industry

Asia-Pacific is anticipated to experience high growth in Automotive Electronics Market

27 September 2018, The global Automotive Electronics Market is estimated to be valued more than USD 290 billion by 2024. Rising premium audio system and advanced driver assistance system demands are the key factors anticipated to augment the market growth. Accident recorder systems, emergency call systems, and alcohol ignition interlocks are the technologies that are said to boost the growth in the near future. In addition, rising trend of in-vehicle infotainment is also likely to help boost the market. High complexity levels and lacking awareness about the overall subsystems’ understanding may hinder the growth. The global automotive electronics market is divided into applications and regions.

The application sector comprises body electronics, Advanced Driver Assistance System (ADAS), infotainment, safety systems, and powertrain. The regulatory boards of various economies have taken steps for integrating safety gadgets in cars and other vehicles so as to restrain the occurrence of fatalities caused by road accidents.

Browse Details of Report @ https://www.hexaresearch.com/research-report/automotive-electronics-industry

Some of the necessary devices utilized to ensure passenger safety are backup sensing system, airbags, on and off switches for air bags, auto dimming mirrors or electrochromatic mirror, head restraints, energy-absorbing steering system, heads-up display, passenger sensing system, and padded knee bolster.

The ADAS application sector is projected to witness high growth during the forecast period (from 2016 to 2024). This is due to various strict safety regulations resulting in the major adoption of in-car active safety systems. Demands for in-vehicle data storage, to support sophisticated in-car features, are estimated to be the major growth driving factors for infotainment systems.

Geographically, North America dominated the global automotive electronics market in 2015. However, Asia-Pacific is anticipated to experience high growth on account of the rising needs to meet strict standards, to increase product quality, for reduced production costs, and for customized vehicle features. Developing economies including India and China are likely to positively impact the growth of the region.

The major companies operating in the global automotive electronics market include Robert Bosch GmbH; Continental AG; Denso Corp.; Delphi Automotive PLC.; TRW Automotive; Johnson Controls Inc.; and Autoliv AB. The major sustainability and growth strategies used by all such companies include creating technology partnerships with other companies in the ecosystem. Plus, automakers are anticipated to increase the intelligent electronics adoption that makes their products safe to drive and environment-friendly.

Browse Related Category Reports @ https://www.hexaresearch.com/research-category/automotive-and-transportation-industry

Global Unified Communications Market to attain revenues of more than $75.50 billion by 2020

27 September 2018, A recent study by Hexa Research reveals that increasing enterprise and workforce mobility will be important factors leading global Unified Communications Market to attain revenues of more than $75.50 billion by 2020. Rising penetration of smartphones will also augment demand for unified communication products. Many organizations, large and small, across the globe are encouraging practices such as Bring Your Own Device (BYOD), necessitating reliable unified communication solutions. However, huge capital investments and challenges linked to seamless operation across varied platforms are possible inhibitors for the growth of unified communications industry.

Hexa Research divides all unified communications products into on premise and cloud-based or hosted. While on premise segment was responsible for more than 59% of the total demand in 2013, on premise or hosted products are likely to grow rapidly by 2020. On premise products are riddled with disadvantages like high set up and maintenance costs. Government, healthcare and education applications hold potential for growth of global unified communications industry. However, enterprise applications not only assumed leadership position in 2013 but are also expected to continue market dominance in the near future. Enterprises of all sizes are engaged in employment of infrastructure that will be able to support unified communication services.

Browse Details of Report @ https://www.hexaresearch.com/research-report/unified-communication-industry/

Hexa Research identifies North America as a key regional market of the global unified communications industry as it contributed to more than 34% of the total market share in 2013. This region hosts a number of leading operators. Also, BYOD is a popular work feature here. Considerable savings in costs and rising demand for effective communication and collaboration products are factors that will result in rapid growth of Europe and Asia Pacific in the coming years.

Leading players in the global unified communications market include Avaya, Inc., IBM, Cisco Systems, Verizon Communications, Alcatel Lucent, NEC, etc. Hexa Research found that Cisco enjoyed a dominant market position with solutions that ensure consistency across various devices. The unified communications industry is characterized by consolidation by way of alliances and acquisitions.

Browse Related Category Reports @ https://www.hexaresearch.com/research-category/technology-industry

Asia Pacific would experience fastest growth in Anti-Reflective Coatings Market

26 September 2018, Volumes in the global Anti-Reflective (AR) Coatings Market are estimated to be over 510 kilo tons by 2024. With a CAGR exceeding 6% from 2016 to 2024 (forecast period), the market would be valued about USD 6 billion in 2024. Demand for AR coatings is mainly pushed by higher preference for anti-glare & anti-reflection lenses/eyewear.

The consumption of such coatings in optical and electrical/electronic applications has created huge industry opportunities. These applications should trigger further demand in the near future. The advantages of AR coatings include back glare removal, improved transmittance, and lower reflectance. Their use delivers much better picture quality on devices;   like monitors, televisions, etc. Moreover, AR coatings can capture clearer and ‘close-to-real’ images from optical lenses.

Chief factors favoring the market are burgeoning worldwide population and the need for ‘vision correction.’ Boom in electronics & semiconductor industries coupled with expansion across flat panel displays is expected to positively impact market consumption.

Focus on renewable energy is projected to create new avenues for AR coatings. Owing to their anti-reflective properties, they could become integral to solar panels in the forthcoming years. However, consumers in the Anti-Reflective Coatings Market are not fully aware of the uses and benefits of these products. This inhibits market growth. Furthermore, soaring prices of key raw materials, like magnesium chloride may have an adverse effect.

The industry is split on the basis of end-users and geographies. Electronics, telecommunications, eye-wear, automotives, and solar constitute the end-users. Eye-wear dominated in 2015. The demand for ‘anti-reflective’ spectacles and lenses is proliferating due to superior optical experience offered by AR coatings. Consumers are willing to spend more on comfort and higher visibility, especially while driving at night.

Browse Details of Report @ https://www.hexaresearch.com/research-report/anti-reflective-coatings-market

Electronics was the second-largest segment in 2015. It is said to grow lucratively during the forecast period. AR coatings are mainly used in smartphone displays and flat glass panels. They are also incorporated in semiconductors. Solar would grow at the fastest rate till 2024. When used in solar panels, AR coatings transmit more light and curb its reflection.

Geographically, the Anti-Reflective Coatings Market is divided into North America, Asia Pacific, Europe, Latin America, and the MEA (The Middle East & Africa). North America has been leading since 2013. This can be attributed to abundant demand for flat panel displays, lenses, and eyeglasses in the U.S. and Canada. Europe should generate high demand for solar panel applications. Robust automotives industry in France, Germany, and the U.K. may spur Europe.

Asia Pacific is predicted to emerge as an important region by 2024. It is the manufacturing hub of many industries. Large-scale solar projects in India, China, and Bangladesh will contribute regional expansion.

Famous players in the worldwide anti-reflective (AR) coatings market comprise Honeywell International Inc., Carl Zeiss AG, Essilor International S.A., and Optical Coatings Japan. Royal DSM, JDS Uniphase Corporation, and Hoya Corporation are the other well-known vendors.

To stay competitive, majority of these participants emphasize on developing easy-to-clean products with scratch & fingerprint resistance and anti-static properties. Due to the challenging economic environment globally, small & medium manufacturers are finding it difficult to sustain their businesses. This fuels industry consolidation by way of mergers & acquisitions.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/specialty-polymers-industry

Automotive Fuel Cell Market to reach over 10, 850 units by 2024

26 September 2018, The global Automotive Fuel Cell Market was estimated over 5, 000 units in 2015. It would grow at a CAGR of nearly 13% in the forecast period (2016-2024). The market can reach over 10, 850 units by 2024. Expansion across fuel cell vehicles or FCVs owing to pollution-awareness will drive the industry in the near future.

FCVs or fuel cell electric vehicles (FCEVs) run primarily on hydrogen. About 80 million tons of hydrogen are generated each year to cater to the demand for hydrogen fuel cells in FCEVs. Hydrogen infrastructural developments are the key market propeller.

In 2015, the transportation sector largely contributed to carbon dioxide emissions in the U.S., adding to the greenhouse gas problem. The use of FCEVs may curb pollution. A fuel cell contains electrodes. It converts chemical energy into electrical through electromechanical reactions. Electrolytes move electrically-charged elements from one electrode to another, speeding-up chemical reactions in cells.

Biogas, natural gas, and other alternatives are used in fuel cells. This aids in reducing & eliminating noise & air pollution, as hydrogen in combination with oxygen, creates water. FCEVs are free of combustion during energy production.

Low corrosion and lack of ‘high operation temperature’ owing to the absence of combustion are likely to boost the longevity of vehicles. This coupled with their lower maintenance costs can add industry growth. Research & development (R & D) activities should create business opportunities, leading to more employments.

High costs of automotive fuel cells are predicted to hamper the industry. Moreover, lack of technological advancements can hinder the industry. The Automotive Fuel Cell Market is split into applications and regions.

Applications include light-duty vehicles and materials handling. The former accounted for over 50% of the worldwide consumption in 2015. It will also dominate during the next eight years.

Browse Details of Report @ https://www.hexaresearch.com/research-report/automotive-fuel-cell-market

Many vehicle manufacturing firms have begun running ‘automotive fuel cell’ programs to encourage technological advancements. Light duty vehicles would grow at around 12.5% CAGR from 2016 to 2023. Their growth should be attributed to technological innovations and their reducing costs.

Materials handling is projected to witness a CAGR of about 15% in the near future. Its applications across airports, distribution centers, and inventory management can contribute segment expansion in the eight years ahead.

In addition, minimal operating costs and low-needed maintenance of these cells can raise market incomes. Regions encompass North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa (MEA). Asia Pacific led in terms of demand, capturing over60% of the total volumes in 2015. It is anticipated to display significant growth accredited to regional support on product promotions.

Europe may surface as a key region. To commercialize fuel cell technology, the U.S. Department of Energy (DOE) rewarded over USD 7 million in 2013. Due to constant assistance from the U.S. DOE, private firms, & national laboratories; the Automotive Fuel Cell Market has noticed upward trends in the last few years.  

The worldwide market is highly competitive and characterized by numerous large players and small & medium-sized enterprises. Major competitors are Toshiba, Panasonic, Ballard, Plug Power Inc., and Acumentrics SOFC Corporation.

Browse Related Category Reports @ https://www.hexaresearch.com/research-category/automotive-and-transportation-industry

Asia Pacific is Expected to Emerge as the Fastest Growing Market for Omega 3 Supplements

26 September 2018, The global Omega 3 Supplements Market size is expected to reach a value of USD 57.06 billion by 2025. It is anticipated to expand at a CAGR of over 6.0% during the forecast period. The market is majorly driven by exponential demand for dietary supplements from developed and developing economies. Increasing awareness regarding weight loss, balanced diet, and daily calorie monitoring are the key growth drivers. Furthermore, rising consciousness regarding the importance of omega 3 supplements owing to high prevalence of heart diseases within emerging economies such as China and India is expected to drive demand for omega 3 supplements in near future.

Global omega 3 supplement market revenue, by source, 2014 - 2025 (USD Billion)

In India, heart diseases is one of the top causes of mortality, accounting for 1.7 million deaths in 2017, which is more than 53% from 2005. Additionally, Chronic Obstructive Pulmonary Disease (COPD) caused 848,000 deaths in 2016, up by 22.7% compared to 2005. Such an increase in prevalence of heart diseases is expected to drive demand for dietary supplements propelling market for omega 3 supplements.

Rising cases of chronic diseases are expected to have a positive impact on the omega 3 supplement market. According to the World Health Organization (WHO), over 14 million people between the age of 30 to 70 die every year due to various chronic diseases. Rising government support and initiatives for affordable pharmaceutical drugs is expected to propel demand for omega 3 based pharmaceuticals in the forthcoming years.

Increasing obesity coupled with enhanced healthcare infrastructure in developing nations such as China, India, South Africa, and Brazil is expected to drive product demand over the forecast period. Rising consumer willingness to pay for costly nutraceuticals and supplements owing to health concerns is anticipated to propel the market for omega 3 supplements. The market is highly competitive in nature with manufacturers looking to develop low cost products to fulfil rising demand from emerging economies.

Asia Pacific is expected to emerge as the fastest growing market for omega 3 supplements. Japan is one of the largest sardine fishing countries, which is expected to propel regional growth in near future. The region accounted for approximately 37% of market share in terms of revenue in 2016 and is expected to expand at a CAGR of over 10% by 2025. Increasing population in China and India is projected to drive regional demand for infant formulas. In addition, demand for packaged baby nutrition formulas owing to growing percentage of working women coupled with rising disposable income of parents is anticipated to augment regional market over the forecast period.

Major players in the omega 3 supplements market are concentrating on new product development and business expansion to improve their share within the global market. Manufacturers are concentrating on developing application-specific products to reach untapped markets. Additionally, they are collaborating with other companies to create new opportunities for their existing products. Majority of companies are vertically integrated in the production of fish and krill oil for omega 3 fatty acid and its supplements. This scenario provides the companies with an enhanced product portfolio accounting for increased sales.

In addition, companies are involved in the production of advanced omega3 supplements for multiple health problems such as heart diseases, skin and hair care, and joint problems among others. For instance, since 2016, Golden Omega, an operating unit of Corpesca S.A. which is the largest seafood exporter of Latin America; has started its own fish oil manufacturing plant to derive specialty omega 3 products. The company is majorly focusing on U.S., Japan, Korea, China, and European Union (EU).

Browse Details of Report @ https://www.hexaresearch.com/research-report/omega-3-supplement-market

Hexa Research has segmented the omega 3 supplements market report based on source, application and region.

Segmentation by source

    • Fish Oil

        • Anchovy

        • Sardine

        • Salmon

        • Tuna

        • Cod Liver

        • Others

    • Krill Oil

    • Others

Segmentation by application

    • Infant Formula

    • Food & Beverage

    • Nutritional Supplements

    • Pharmaceuticals

    • Pet & Animal Feed

    • Clinical Nutrition

Segmentation by region

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

        • Spain

        • Italy

    • Asia Pacific

        • China

        • Japan

        • India

    • Central & South America

        • Brazil

    • Middle East & Africa

Key players analyzed:

    • Nordic Naturals Inc.

    • Now Foods

    • Nutrigold Inc.

    • Reckitt Benckiser Group plc

    • Pharma Nord B.V.

    • I Health Inc.

    • Green Pasture Products, Inc.

    • Aker BioMarine AS

    • Luhua Biomarine

    • Pharmavite LLC

    • Ascenta Health

    • KD Pharma Group

    • Cederroth

    • Glaxosmithkline PLC

    • Natrol LLC

    • Carlson Laboratories

    • OmegaBrite

    • Optimum Nutrition Inc.

    • Vaya Pharma

    • Vital Choice Wild Seafood & Organics, SPC.

    • BrainMD Health

    • Coromega

    • 53 Formulas Inc. (Nutrusta)

    • Tranquility Labs LLC

    • Terra-Medica

    • Xtend-Life

    • Rainbow Light

    • Onnit Labs, LLC

    • DR Joseph Mercola

    • Jarrow Formulas

    • Dr C's Omega 3's

    • Life Extension

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/food-and-beverages-industry

Research Report on Japan Confectionery Market

21 September 2018, Japan Confectionery Market is expected to be valued at USD 12.27 billion by 2025, driven by an increase in the demand of confectionery food products owing to awareness of positive attributes associated with the chocolate, sugar and gums. Savvy and sophisticated consumers are extremely conscious while making food purchases and are ready to pay premium prices for the products that are made with ethical and good farming practice. This trend is expected to flourish the market of confectionery food products in Japan over the coming years.

Increasing awareness related to the health benefits of chocolates among the Japanese consumer is the key factor expected to driving the growth of the market in the projected period. Japanese people are more health conscious and prefer healthy products. Cocao is the fine blend of minerals such as iron, calcium and magnesium which helps in reducing obesity, cancer, fat deposition in arteries, blood pressure, as well as minimizes stress and is also effective in allergy. Confectionary manufacturers are introducing new products and flavor is expected to provide significant growth opportunity in the market over the forecast period. For instance, in 2011, around 200 - 250 new products were launched in Japan.

About 50% of Japanese consumers choose sugar or chocolate confectionery foods as a snack for an afternoon refreshment between lunch and dinner. Products that offers good taste along with health advantage are preferred on a major scale. Items that provide advantage, such as white teeth, fresh breath, etc. are more favored by young adults. However, rising obesity issues among children within age range of 9 - 17 years and increasing number of health-conscious people is expected to hamper the confectionery market in Japan.

In terms of types, chocolate confectionary dominated the market is projected maintain its leading position throughout the forecast period. Followed by chocolate, sugar confectionary and gum held major market share in 2017. Seasonal chocolate confectionery has been doing well in this market and is expected to show the similar trend over the foreseeable future. However, high cost of seasonal chocolate products is expected to have impact on growth in comparison with other less expensive confectionery products. Furthermore, easy sharing and consumption ability of sugar confectionery products such as jellies, gums, and chews are expected to hinder the growth of chocolate confectionery in the next coming years.

Concerned food manufacturers with good market competition are coming up with new strategies, new technology and product diversification. It is anticipated that, manufacturers will have to come up with innovative ways in order to retain more and more customer. For instance, Nestlé opened a Kit-Kat retail store in Tokyo in the year 2014 which was a success for the brand. The key companies in the Japanese confectionery market includes Lotte Group, Meiji Holdings Co. Ltd., Morinaga & Co. Ltd., Mondelez International Inc., Asahi Group Holdings Ltd. Meiji Holdings is expected to account for a maximum market revenue share of about 20%.

Browse Details of Report @ https://www.hexaresearch.com/research-report/japanese-confectionery-market

Hexa Research has segmented the Japan confectionery market report based on food type and distribution channel

Segmentation by Food Type

     • Chocolate

     • Sugar confectionery

     • Gum

Segmentation by Distribution Channel

     • Hypermarket & Supermarket

     • Convenience Store

     • Specialist Retailer

Key players analyzed:

     • Asahi Group Holdings Ltd.

     • Meiji Holdings Co. Ltd.

     • Lotte Group

     • Mondelez International Inc.

     • Morinaga & Co. Ltd.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/food-and-beverages-industry

Research Report on China Scar Treatment Market

21 September 2018, The China Scar Treatment Market size is expected to reach USD 2.77 billion by 2025 owing to the increasing emphasis on appearance. In the current scenario, all demographic segments of the population lay great importance on enhancing their esthetic appeal. In addition, unsightly scars often cause a huge impact on a person’s quality of life. Scar treatment helps in achieving complete skin rejuvenation, which improves the esthetic appeal of a person.

Rising number of road accidents is considered to be one of the high-impact rendering factors for boosting the demand for scar treatment products. Moreover, increased number of cases of hypertrophic burn scars, wherein the victim’s appearance is distorted, has also resulted in high demand for scar treatment products in China.

China scar treatment market is witnessing considerable technological developments with the introduction of laser therapies. Moreover, plastic and reconstructive surgeries are one of the trending procedures adopted commonly to enhance esthetic appeal. These surgeries help remove various types of scars, which, in turn, rejuvenates the skin.

China scar treatment market revenue, by scar type, 2014 - 2025 (USD Million)

Topical products accounted for the largest market revenue share as they are available as Over-The-Counter (OTC) products, which enables self-care and provides an easy and inexpensive way of scar treatment. With increasing awareness among populations about scar treatment options, the use of topical products has been on the rise.

The laser products are anticipated to witness the highest growth over the projected period as they are an effective and painless approach of scar treatment. Furthermore, technological advancements have significantly fueled the demand for laser treatments to effectively reduce and remove scars. Hence, laser scar removal has evolved as an innovative approach in the field of scar treatment.

In terms of scar type, atrophic scars observed the highest growth owing to the increasing cases of acne scars. A majority of the population deals with acne as a common problem. Moreover, these scars are easily treated with OTC products like creams and gels and the treatment is easy and effective. Thus, increasing the demand for topical products would drive the scar treatment market.

Moreover, hypertrophic and keloid scars are expected to witness a significant growth over the projected period. These scars are a result of injuries and wounds caused mostly due to body piercings, burn injuries, road accidents, and cuts. Growing cases of contracture scars, caused by burn injuries of second and third degree, have resulted in an increased demand for skin treatment products over the past few years.

Hospitals accounted for the largest market share among the end-use segments owing to the availability of various treatment options for scars. Hospitals offer a generalized treatment for majority of the emergency care services and further provide care during the recovery period. Moreover, majority of the population in China prefers hospitals over clinics and OTC medicines for basic care, which is also expected to augment the segment growth.

Furthermore, retail pharmacies/e-commerce segment is expected to witness the highest growth due to the convenience offered by these retail stores.

Browse Details of Report @ https://www.hexaresearch.com/research-report/china-scar-treatment-market

Hexa Research has segmented the China scar treatment market report based on product, scar type and end use

Segmentation by Product

    • Topical Products

        • Creams

        • Gels

        • Silicon sheets

        • Others

    • Laser Products

        • CO2 Laser

        • Pulse-dyed Laser

        • Others

    • Injectables

    • Others

Segmentation by Scar Type

    • Atrophic scars

    • Hypertrophic & Keloid scars

    • Contracture scars

    • Stretch Marks

Segmentation by End Use

    • Hospitals

    • Clinics

    • Retail pharmacies/E-commerce

Key players analyzed:

    • Smith & Nephew PLC

    • LUMENIS

    • Sonoma Pharmaceuticals, Inc.

    • Molnlycke Health Care

    • Cynosure, Inc.

    • NewMedical Technology, Inc.

    • Suneva Medical, Inc.

    • Pacific World Corporation

    • Perrigo Company PLC

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/healthcare-industry