Paints and Coatings Industry Value Addition and Profit Margin Analysis Report by 2030

The global paints and coatings industry size stood at USD 48.16 million tons in 2022 and will exhibit a CAGR of 3.2% from 2023 to 2030, according to the "Paints and Coatings Industry Data Book, 2023 - 2030," published by Grand View Research. Favorable policies to minimize VOC, along with surging demand from oil & gas, construction and automotive industries, will reinforce the market growth. Producers have emphasized improving corrosion resistance, gloss retention and limiting emissions of hazardous air pollutants (HAPs) amidst soaring raw material and solvent costs.

An uptick in the construction industry has seen architectural coating grow in stature across advanced and emerging marketplaces. Lately, commercial, residential and institutional buildings have sought water- and solvent-based architectural coating to underscore their environmental profiles. Moreover, the do-it-yourself (DIY) trend could encourage consumers to protect, preserve and enhance the interiors and exteriors of buildings.

Order your copy of the Free Sample of "Paints and Coatings Industry Data Book - Powder Coatings, Waterborne Coatings, Solvent-borne Coatings and High Solids/Radiation Curing Coatings Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030" Data Book, published by Grand View Research

Powder coating technology has gained ground with the rising penetration of the automobile, construction and furniture markets. Predominantly, the emergence of electric vehicles from Tesla, Audi, GM, Hyundai, Toyota and Nissan, among others, has strengthened the position of powder makers. EV original equipment manufacturers (OEMs) seeking sustainability (zero-emission coatings and coatings having no-to-low VOC) are likely to inject funds into the landscape. The global powder coatings market generated USD 8.52 million tons in 2022 and will exhibit a 3.9% CAGR during the forecast period. The growth outlook is partly due to the demand for sustainable solutions and the prevention of corrosion across business verticals.

Forward-looking companies have upped focus on waterborne paints and coatings on the back of rigorous environmental regulations. The low level of VOC, durability, and performance have made these paints sought-after among manufacturers. Some of the upsides, such as better color retention, higher temperature resistance, tremendous adhesion, low odor and less flammability, have made water-based formulations favorable for paints and coatings. The waterborne paints and coatings market size was valued at USD 18.92 million tons in 2022 and could depict a CAGR of 3.4% through 2030.

Go through the table of content of Paints & Coatings Industry Data Book to get a better understanding of the Coverage & Scope of the study

Trends and opportunities that are likely to steer the industry growth are delineated below:

• Smart paint and antimicrobial coating are poised to be the next big things following the technological advancements in touchscreens and gesture commands. The latter gained ground on the back of the COVID-19 pandemic, compelling manufacturers to invest in technology to help negate lethal microbes.
• Stakeholders expect solvent-borne coatings to be sought-after in the industrial and architectural sectors for better functionality and reduced drying time. Besides, physical properties, including viscosity, boiling point, conductivity and surface tension, have augured growth for solvent coating.
• The Asia Pacific market will witness notable growth against the backdrop of the flourishing construction industry across China and India. In addition, automotive paints and coatings have observed bullish demand, prompting industry leaders to expand their regional penetration.

The U.S. and Canada are poised to provide opportunities galore with industrial paints and coatings gaining ground across oil & gas, construction, automotive, aerospace, mining, marine, electronics and home appliances applications. For instance, marine coatings are sought-after on Navy ships to enhance anti-fouling and anti-corrosive properties. The paints and coatings industry in North America has emerged as a happy hunting ground to enhance aesthetic appeal, performance enhancement and durability. Of late, technology-powered paints & coatings have become more sustainable and resilient, suggesting their indispensable role in North America's infrastructural developments.

The competitive landscape indicates incumbent players could inject funds into organic and inorganic strategies, including innovation, research & developments, product offerings, technological advancements, partnerships, mergers & acquisitions and geographical expansion. To illustrate, in April 2022, Akzo Nobel completed the acquisition of Grupo Orbis to bolster its footprint in the Latin America market. In August 2022, PPG announced pouring USD 11 million to increase the powder coating capacity by two-fold in Mexico.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Grand View Research, Inc.
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E-commerce Industry Growth is driven by A Strong Emphasis on Streamlining Purchasing Processes

E-commerce Industry Data Book - B2B E-commerce Market and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s E-commerce industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global E-commerce Industry Data Book, 2022 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

B2B E-commerce Market Report Highlights

The global B2B e-commerce market was valued at USD 7,904.0 billion in 2022 and is projected to grow at a CAGR of 22.8% from 2023 to 2030.

• COVID-19 pandemic has accelerated the demand for e-commerce during a period of slow economic activity. In the first half of 2020, the pandemic affected several businesses across the globe.
• With stay-at-home constraints, numerous customers and organizations went digital to buy and sell goods and services online.
• Moreover, companies have been participating in/renewing partnerships with various vendors aimed at enabling the e-commerce companies to offer a better product range, enabling the companies to gain better traction in the market.
• The changing B2B buyer behavior and a strong emphasis on streamlining purchasing processes are prompting B2B e-commerce companies.

Order your copy of Free Sample of “E-commerce Industry Data Book - B2B e-commerce Market and B2C e-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

B2C E-commerce Market Report Highlights

The B2C service segment of the e-commerce market by model type was estimated to be USD 4,398.9 billion in 2022 and is expected to have a CAGR of 9.7% during the forecast period 2023-2030.

• The percentage of e-shoppers across the world has been increasing over the years across regions. Moreover, the number of internet users has also been on the high side in the past years.
• The B2C segment will hold the largest market share by model type in 2022. The segment's growth can be attributed to many regional/country-based e-commerce companies.
• Such companies also have high revenue in the respective region/country. For instance, Flipkart.com (acquired by Walmart) platform operating in India, witnessed 1 billion visits and 35 million app downloads during the annual flagship sales, which took place in September 2022.
• The presence of such regional companies will gain better acceptance among the local population, further driving the growth of the B2C segment of the e-commerce market during the forecast period.

Go through the table of content of E-commerce Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Shopify Inc. Companies in the market have engaged in partnerships, mergers & acquisitions to capture the market. For instance, in July 2022, Shopify Inc partnered with YouTube to offer merchants new pathways for reaching customers. Shopify merchants can sell their products to users via YouTube shorts and live and video-on-demand content. Such initiatives enable wider research on e-commerce companies, driving the growth of the e-commerce market.

Key players operating in the E-commerce industry are:

• Alibaba Group Holding Limited
• Amazon Inc.
• Apple Inc.
• Best Buy
• eBay Inc.
• Mercado Libre
• Otto Group
• Shopify Inc.
• Walmart

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

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Grand View Research, Inc.
Phone: 1-415-349-0058
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Material Handling Robots Industry is driven by Increasing Demand for Automation in Various Process

Material Handling Robots Industry Data Book - Automated Guided Vehicles, Autonomous Mobile Robot, and Collaborative Robots Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

Grand View Research’s material handling robots’ industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Material Handling Robots Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Automated Guided Vehicles (AGV) Market Report Highlights

The global automated guided vehicle market size was valued at USD 3.81 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030.

• The unit load carrier segment is expected to expand at the fastest CAGR over the forecast period owing to its ability to handle multiple items simultaneously, reducing the number of trips required and, potentially, handling costs
• Natural navigation technology’s adoption is expected to grow significantly over the forecast period as it enables businesses to easily modify and expand the guide path of the AGV
• Assembly line application is expected to have the highest CAGR over the forecasts period as assembly line AGV are replacing traditional mechanical production lines
• The manufacturing segment dominated the market in 2022 and accounted for a revenue share of over 77%. The growing adoption of automated guided vehicles across various industries can be attributed to the benefits offered by AGVs in terms of productivity, safety, and accuracy
• The service segment is anticipated to be the fastest-growing segment in the forecast period. This growth can be attributed to the rising demand for various services, which include preventive and corrective maintenance, vehicle and software health check, and training employees directly or indirectly with the operation of AGVs
• Europe dominated the market in 2022 and accounted for a revenue share of over 30%. Rising investments in the manufacturing sector's technological advancement are expected to improve the AGV market in Europe

Autonomous Mobile Robot (AMR) Market Report Highlights

The global autonomous mobile robot market size was valued at USD 2.52 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 16.8% from 2022 to 2030.

• The adoption of material handling automation solutions for inventory management is growing significantly across various industries
• The manufacturing segment dominated the market in 2022 and is expected to continue dominating the market over the forecast period
• Incumbents of the manufacturing industry have realized that the costs associated with the maintenance and procurement of autonomous mobile robots tend to be significantly less

Order your copy of Free Sample of “Material Handling Robots Industry Data Book - Automated Guided Vehicles, Autonomous Mobile Robot, and Collaborative Robots Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Collaborative Robots (Cobots) Market Report Highlights

The global collaborative robots market size was valued at USD 1.01 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 31.5%, from 2022 to 2030.

• The mounting adoption of collaborative robots is seen in several industrial applications, as they serve as assisting devices for humans and enhance the overall efficiency and quality of the manufacturing processes
• The collaborative robots industry is expected to witness strong growth in the coming years with the increasing adoption of cobots across small and medium enterprises, as they are cost-effective and provide a higher return on investment
• Europe captured a sizeable revenue share of more than 30.0% in 2022 owing to the increased product application in electronics, logistics, and inspection verticals

Go through the table of content of Material Handling Robots Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

The key market players are continuously seeking various initiatives such as strategic alliances, mergers and acquisitions, and new development launches. These vendors bear expertise in the Material Handling Equipment industry and have strategic footprints across various parts of the world. Hence, these companies have successfully defended their position in the market.

Key players operating in the Material Handling Robots industry are:

• Swisslog Holding AG
• Egemin Automation Inc.
• Bastian Solutions, Inc.
• Daifuku Co., Ltd.
• Dematic
• ABB Group
• Bleum
• Boston Dynamics
• Clearpath Robotics, Inc.
• GreyOrange

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

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Grand View Research, Inc.
Phone: 1-415-349-0058
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Digital Health Industry Growth is driven by Presence of Supportive Government Initiatives to Improve Healthcare Infrastructure

Digital Health Industry Data Book - Tele-Healthcare, mHealth, Healthcare Analytics and Digital Health System Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 - 2030

Grand View Research’ s Digital Health industry data book is a collection of market sizing information & forecasts, regulatory data, competitive benchmarking analyses, macro-environmental analyses, and technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Digital Health Industry Data Book, 2022 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Tele-Healthcare Market Report Highlights

The global Tele-Healthcare market size was valued at USD 87.6 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 23.5% from 2022 to 2030.

• In 2022, the services segment held the largest revenue share due to the advancements in digital healthcare infrastructure along with the increased adoption of telehealth services to manage chronic conditions & monitor health
• In 2022, the web-based delivery mode segment held the largest revenue share due to the high adoption of web-based solutions by healthcare professionals and patients
• In 2022, the providers segment held the maximum revenue share due to increased convenience offered by the telehealth services and improved workflow management
• In 2022, the radiology segment led the industry. However, the psychiatry segment is anticipated to grow at the fastest CAGR over the forecast period owing to increased cases of anxiety, stress, and mental illnesses
• In 2022, North America was the leading region due to the availability of favorable government initiatives and digital infrastructure to provide digital solutions to patients

mHealth Market Report Highlights

The global mHealth market size was valued at USD 56.8 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 10.8% from 2022 to 2030.

• The market size is anticipated to be valued at USD 130.6 billion by 2030, owing to growing adoption of mHealth platforms and technologies and increasing penetration of internet connectivity and smartphones by patients and physicians
• The mHealth apps segment dominated the market in 2022 with a revenue share of 76.5%, owing to high internet usage, increasing penetration of smartphones, and growing awareness about mHealth among healthcare professionals
• The monitoring services segment dominated the market in 2022 with a revenue share of 61.5%, owing to rising prevalence of chronic diseases and increasing preference for remote monitoring services in post-acute care
• The mobile operators segment accounted for the highest revenue share in the market owing to an increase in the number of mobile subscribers, improvements in network infrastructure, and rise in the use of 3G and 4G technologies
• North America dominated the market with a revenue share of 37.1% in 2022, owing to various factors including rising incidence of chronic diseases, increasing healthcare expenditure, growing geriatric population, and improved network infrastructure 

Order your copy of Free Sample of “Digital Health Industry Data Book - Tele-Healthcare, mHealth, Healthcare Analytics and Digital Health System Market Size, Share, Trends Analysis, and Segment Forecasts, 2022 - 2030” Data Book, published by Grand View Research

Healthcare Analytics Market Report Highlights

The global healthcare analytics market size was valued at USD 35.3 billion as of 2022 and is expected to expand at a compound annual growth rate (CAGR) of 21.4% from 2022 to 2030.

• The descriptive analysis had a market share of 36.1% in 2022, owing to its use in understanding historical datasets
• The services segment was the largest component, due to the majority of healthcare industries relying on IT companies for their services
• On-premises delivery mode was the most prominent in the market, due to ease of access and security
• Financial applications recorded the highest revenue share owing to the fact that the healthcare industry has been under the burden to reduce costs and deliver better patient care, together
• Life science companies were the largest end-users due to the need for companies to develop better products, improve their profits and deliver cost-effective care to patients has been a priority
• The North American region has been a pioneer in the healthcare data analytics industry owing to the presence of key players in the market

Go through the table of content of Digital Health Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Increasing demand for technologically advanced digital health platforms and services are increasing competition in the market and thus, forcing key players to introduce new solutions in the market. Additionally, it is projected that rising industry consolidation activities, such as acquisitions and mergers by the leading market participants, as well as expanding efforts in R&D of digital health applications by key players, is also expected to boost the market share. Increasing funding and growing awareness and acceptance to adopt healthcare application is further projected to open new opportunities for the market especially at entry level.

Key players operating in the Digital Health industry are:

• Apple Inc.
• AT&T
• AirStrip Technologies
• Allscripts
• Google Inc.
• Orange
• Qualcomm Technologies, Inc.
• Softserve
• MQure
• Samsung Electronics Co., Ltd.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

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Grand View Research, Inc.
Phone: 1-415-349-0058
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Fertilizer Industry Manufacturing Ranking and Heat-map Analysis Report by 2030

Fertilizer Industry Data Book - Nitrogenous, Potassic, Phosphatic, Foliar, Water-soluble & Biofertilizers Market, and Fertilizer Additives Market Size, Share, Trends Analysis And Segment Forecasts, 2022 - 2030

Grand View Research’ s Fertilizer industry data book is a collection of market sizing information & forecasts, regulatory data, competitive benchmarking analyses, macro-environmental analyses, and technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Fertilizer Industry Data Book, 2022 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Nitrogenous Fertilizers Market Report Highlights

The global Nitrogenous Fertilizers Market is expected to register a CAGR of 1.2% over the forecast period, according to a new report by Grand View Research, Inc.

• In 2021, urea emerged as the dominating product segment by contributing around 33% of revenue share. This is attributed to the affordable cost of urea as compared to the other products.
• Ammonium sulfate was the second-largest product segment and is anticipated to grow at a CAGR of 4.9% by 2030, due to its wide agricultural applications and high solubility.
• Cereals & grains segment was the dominant application segment in terms of both in terms of volume and revenue, owing to the increasing demand for food crops such as maize, wheat, barley, rice, and oats.
• As of 2021, Asia Pacific was the dominating regional market owing to the existence of large agricultural lands in the region along with the technological advancements in farming methods

Phosphatic Fertilizers Market Report Highlights

The global Phosphatic Fertilizers Market is expanding at a CAGR of 1.5% from 2022 to 2030, according to a new report by Grand View Research, Inc.

• The Asia Pacific is projected to have growth over the forecast period due to increasing agricultural production. In revenue terms, the APAC market is expected to expand at a CAGR of 5.8% between 2022 and 2040
• The global market will grow significantly owing to the factors such as increased demand from agricultural producers for a fertilizer that provides necessary nutrients such as nitrogen and potassium
• Cereals and grains appeared as the largest application segment in 2022 and is anticipated to grow at a CAGR of 5.8% between 2022 and 2040. The use of phosphoric fertilizer in cereals and grains is majorly increasing in the production of wheat owing to its increased demand

Order your copy of Free Sample of “Fertilizer Industry Data Book - Nitrogenous, Potassic, Phosphatic, Foliar, Water-soluble & Biofertilizers Market, And Fertilizer Additives Market Size, Share, Trends Analysis and Segment Forecasts, 2022 - 2030” Data Book, published by Grand View Research

Biofertilizers Market Report Highlights

The global Biofertilizers Market is expanding at a CAGR of 6.0% from 2022 to 2030, according to a new report by Grand View Research, Inc.

• North America accounted for the largest market share of 32.1%, in terms of revenue, in 2022 and is projected to grow at a volumetric rate of 13.7% from 2023 to 2030
• Nitrogen fixing biofertilizers are observed to reflect heavy growth in terms of volume growing a CAGR of 13.8% from 2023 to 2030 on account of widespread demand generation from North American and European agricultural communities to boost yield of various cereals
• Among the various crop types, cereals & grains captured a significant market with volume share of 50.6%. This was majorly due to heavy demand for wheat from various Asian and Latin American countries such as Thailand, Singapore, India, Brazil, and Argentina.

Go through the table of content of Fertilizer Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Fertilizer markets across the globe returned to making profits in Q2 2022. This is followed by a supply squeeze of essential crop nutrients in the wake of the Russian invasion of Ukraine. Sanctions on Belarus and Russia, which are amongst the top producers of potash behind Canada, a key nutrient of potassium fertilizers, led to an increase in the mineral’s prices to levels registered back during the 2008 food crisis. The sanctions left a 35% void in the global output of potash.

Key players operating in the Fertilizer industry are –

• Nutrien
• CF Industries
• Mosaic
• Yara International
• Omnia Holdings
• Bunge Ltd.
• Sorfert
• Waitaki Bo.
• Sasol
• OCI Nitrogen
• Koch Fertilizer LLC

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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Electric Off-Highway Equipment Industry is driven by Government Support with Loan Waivers/Credit Finance

The global electric off-highway equipment industry size will observe an upward growth trajectory on the back of agriculture equipment electrification and urbanization, according to the "Electric Off-Highway Equipment Industry Data Book, 2023 – 2030," published by Grand View Research. Original Equipment Manufacturers (OEMs) have witnessed an influx of funds into state-of-the-art technologies, including advanced analytics, connectivity, ADAS, cloud, telematics and machine vision. Advanced technologies have become sought-after across construction, agriculture and mining sectors to curb carbon emissions and bolster sustainability.

Heightened demand for electric equipment, including electric dump trucks, mining trucks, dozers, motor graders, excavators and loaders, has reinforced the industry growth. Amidst surging noise pollution, end-users have shown a notable inclination for low-noise equipment and zero-exhaust emissions. Customers are also likely to seek tools that are in line with environmental regulations, requiring lower maintenance and vibrations. To illustrate, in May 2022, Bobcat Company unleashed the expertise of the zero-emission, off-road construction equipment in California. The company asserts it will help keep up the state's climate goals, boost a low-carbon future and enhance air quality.

Order your copy of the Free Sample of " Electric Off-Highway Equipment Industry Data Book - Electric Agriculture Equipment, Construction Equipment, and Mining Equipment Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030 " Data Book, published by Grand View Research

Soaring noise pollution has furthered the footprint of electric construction equipment, prompting OEMs to inject funds into the landscape. Since governments and other watchdogs have implemented rigorous emission standards, battery-powered construction equipment has garnered immense traction globally. According to a House of Commons Committee report 2022-2023, the built environment accounts for 25% of the U.K.'s total greenhouse gas emissions. Besides, the U.K.'s 6^th Carbon Budget warrants carbon emissions to be minimized by 78% by 2035.

Prominently, 62% of the total waste in the U.K. is attributed to the construction, demolition and excavation sector. Carbon regulations are likely to propel the use of electric equipment. For instance, the "Buy Clean California Act" lays Carbon Intensity Limits on specific construction materials for infrastructure projects and public buildings. The electric construction equipment market size stood at USD 1.24 billion in 2022 and will depict a robust CAGR of 14.8% from 2023 to 2030.

The foray of innovations and digitization into the mining sector has brought a paradigm shift in the electrification of off-highway equipment. Electric machines are touted to boost sustainability, working conditions, productivity and RoI. Concerted efforts to enhance environmental, social and governance (ESG) performance will leverage miners to foster their sustainability profile.

The growing applications of electric & hybrid-electric tools, digital twinning and advancements in maintenance and monitoring will provide opportunities, both locally and globally. The electric mining equipment market size was valued at USD 94.49 billion in 2022 and could observe around 11.5% CAGR over the forecast period. The environmental and economic upsides will gain momentum with AI's introduction in the mining industry. It will leverage digital miners to use sensor network technologies for real-time surveillance and reduce asset idle time.

Go through the table of content of Electric Off-Highway Equipment Industry Data Book to get a better understanding of the Coverage & Scope of the study

Industry leaders are poised to emphasize the following dynamics to tap into the global market:

• Electric agriculture equipment will observe prominent growth with the rising penetration of commercial farming and farm mechanization.
• Off-road construction equipment could be the next frontier with soaring subsidies and incentives for a cost-effective and efficient solution.
• Europe could account for a notable share of the global market with buoyant investments in the electrification of off-road mining vehicles. For instance, in October 2022, Shell announced the formation of a nine-member consortium to expedite the electrification of off-road mining vehicles.

Incumbents envisage North America electric off-highway equipment industry share to be pronounced following the prevalence of comprehensive infrastructure plans. In March 2021, U.S. President Joe Biden revealed a USD 2.25 trillion plan to boost the nation's infrastructure and address climate change. In February 2023, President Biden's Bipartisan Infrastructure Law announced the pouring of more than USD 7 billion in EV battery components, critical minerals and materials and USD 10 billion in clean transportation.

A notable uptick in the farm economy in the U.S. will accentuate regional growth. Equipment manufacturers expect infrastructure modernization, including bridges, roads, waterways, ports, locks and broadband, to augment economic competitiveness. For instance, in November 2021, Gridtractor announced the rollout of fleet electrification services to propel zero-emission agriculture. The company will use on-farm electrical services with new technology (charging and monitoring) to streamline electric tractor operations.

The competitive landscape alludes to an increased emphasis on organic and inorganic strategies, including product offerings, technological advancements, innovation, geographical expansion, R&D activities, collaboration and mergers & acquisitions. To illustrate, in July 2022, Sandvik sealed a USD 32 million order for battery electric mining equipment. Meanwhile, in February 2023, Volvo Construction Equipment announced an infusion of SEK 80 million (USD 7.8 million) in battery pack production in South Korea. The company suggested 35% of machine sales would be electric by 2030. The current trend is poised to encourage equipment manufacturers to expand their footprint globally.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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Active Pharmaceutical Ingredients and High Potency API Industry Competitive Benchmarking Analyses by 2030

The global active pharmaceutical ingredients and high potency API industry size stood at USD 233.31 billion in 2021 and is poised to observe a CAGR of 6% from 2022 to 2030, according to the "Active Pharmaceutical Ingredients and High Potency API Industry Data Book, 2023 – 2030," published by Grand View Research. Demand for the medicine that produces the intended therapeutic effects has witnessed an upward trajectory among pharmaceutical drug companies. The notable penetration of oncology drugs and precision medicine will favor the growth of API and HPAPI technologies.

API has become a lucrative option for venture capitalists, investors, pharma majors and other stakeholders. Of late, innovative APIs have garnered traction in the wake of bullish regulation on R&D activities and novel drug development. Besides, the adoption of a sedentary lifestyle and soaring cancer cases have propelled the development of API. The global API market size was valued at USD 209.71 billion in 2021 and will exhibit a 5.9% CAGR between 2022 and 2030. Robust projection is partly due to R&D efforts to produce generic APIs. Moreover, personalized medicine has gained an uptick from the surging demand for targeted therapies, a trend likely to foster industry growth.

CMOs and CDMOs have furthered their focus on HPAPI manufacturing and development to keep up with the drug demand for antibody drug conjugates and oncology. To illustrate, in March 2022, Lonza announced laboratory expansion at its API manufacturing site in China. It will underpin the early-phase highly-potent API manufacturing capabilities and help the company boost clinical trials in oncology. The global high potency API market size stood at USD 23.60 billion in 2021 and is slated to depict a CAGR of 6.2% through 2030.

Order your copy of the Free Sample of "Active Pharmaceutical Ingredients and High Potency API Industry Data Book - Active Pharmaceutical Ingredients and High Potency Active Pharmaceutical Ingredients Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030" Data Book, published by Grand View Research

Industry leaders are counting on the high efficiency of HPAPI molecules to solidify their position in the global landscape. In March 2022, Novasep announced an infusion of €5.1 million (approximately USD 5.5 million) to bolster the production capacity for HPAPIs in France. The company expects it to propel its position in manufacturing innovative and targeted molecules for cancer treatment and undergird its footprint in the antibody drug conjugates space.

Incumbents across North America, Europe, Asia Pacific, Latin America and Middle East & Africa will potentially bolster their API and HPAPI portfolios. In doing so, the following dynamics are expected to hold prominence:

• Synthetic APIs and HPAPIs will hold prominence in the wake of increased raw material availability and higher effectiveness in treatment.
• Laboratories expansion will redefine the global landscape. Polpharma is anticipating opening a new R&D & Production facility in the first quarter of 2024, which will include analytical laboratories (ADL) for Quality Control analyses and separate process laboratories (PDL), among others.
• The North America market will witness bullish investments on the back of growing cancer-related morbidity, mortality and cases. A study published in the American Cancer Society journal noted that 1,958,310 new cancer cases and 609,820 cancer deaths would be witnessed in the U.S. in 2023.

Go through the table of content of Active Pharmaceutical Ingredients and High Potency API Industry Data Book to get a better understanding of the Coverage & Scope of the study

Forward-looking companies envisage Asia Pacific to provide compelling growth opportunities, relying on the advanced chemical sector, rigorous manufacturing and quality standards, skilled manpower and reduced costs. Furthermore, governments have ramped up initiatives and schemes to provide a favorable platform for stakeholders. For instance, in March 2022, India started local manufacturing of 35 APIs under the Production Linked Incentive (PLI) Scheme.

Key players have propelled their API portfolio to tap into the global market. In June 2022, WuXi announced the opening of an HPAPI production facility in China with milling technology and flow chemistry. With the pharmaceutical industry brimming with growth and innovations, Asia Pacific is touted to witness investment abound. In April 2023, the U.S. FDA gave the nod to Ajinomoto Bio-Pharma Services' HPAPI fill line to manufacture a commercial product.

The competitive scenario indicates that well-established players and startups could inject funds into product offerings, technological advancements, innovations, geographical expansion, partnerships and mergers & acquisitions. To illustrate, in January 2023, Sterling Pharma announced the completion of the acquisition of Novartis' API manufacturing facility in Ireland, a significant step to bolster its position in the Europe market.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
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Plastics Industry Value Addition and Profit Margin Analysis Report by 2030

The global plastics industry size stood at 307,966.7 kilotons in 2021 and will observe an upward growth trajectory on the back of heightened demand from automotive, food & beverage, consumer goods, packaging and electrical & electronics, according to the "Plastics Industry Data Book, 2023-2030," published by Grand View Research. In essence, the automakers have upped investments in lightweight plastics, thereby helping reduce emissions. However, a UNEP study infers that plastics-linked GHG emissions could contribute 15% of the total emissions allowable by 2050. Incumbents are poised to bank on recycled materials to foster their sustainability profile and brand position.

An unprecedented rise in plastic waste, along with unsatisfactory end-of-life waste management, has compelled governing bodies to prioritize a circular economy. A robust approach to preventing plastic pollution could see recycled plastics gain ground globally. Prominently, businesses have exhibited huge traction for plastics for durability and protection from contaminants.

The urge to make plastics more sustainable will encourage manufacturing firms to use sustainable plastics. The global recycled plastics market size garnered 50,465.24 kilotons in 2021 and will depict a CAGR of 3.3% from 2022 through 2030. A marked rise in plastics recycling rates and better plastic waste treatment could facilitate the circular economy. Forward-looking companies will likely focus on diverting waste plastics towards recycling facilities, a trend poised to favor market growth.

Order your copy of the Free Sample of "Plastics Industry Data Book - Plastic Resins, Plastic Additive, Plastic Compounds and Recycled Plastics Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030" Data Book, published by Grand View Research

Amidst soaring demand and material shortages, plastic resins have witnessed a proliferation in consumption across automobile parts, packaging, medical devices, electronics and construction. Resin shortage is traced to the brutal winter storm and the COVID-19 onslaught. For instance, in Q1 2021, oil refineries across large parts of the U.S., including Texas and Louisiana, were shut down due to storms. Meanwhile, a dip in energy costs and heightened demand for epoxy resins made from organic materials will accentuate the industry outlook. The global plastic resins market size stood at 349.628.9 kilotons in 2021 and will observe a 3.2% CAGR through 2030.

Stakeholders are expected to deliberate upon the following opportunities and trends to tap into the global landscape:

• The rising footfall of residential and commercial spaces across emerging regions will propel the penetration of plastic additives. Besides, the need to enhance the shelf-life, reduce the risk of microbes and boost the aesthetic value will foster the demand for additives.
• An exponential rise in plastic consumption in the automotive sector and the use of PET in bottle production will augur innovation for plastic compound manufacturers.
• Asia Pacific market will provide compelling growth opportunities on the back of bullish construction activities, surging demand for consumer goods and expanding automotive sector.

Industry participants expect North America plastics industry to witness investment galore on the heels of heightened demand for the material in durable goods, including furniture and appliances and non-durable products, such as medical devices, disposable diapers, cups, trash bags and utensils. Additionally, the food & beverage sector across the U.S. and Canada has shown traction for PET beverage bottles, HDPE bottles for water and other materials for bags, lids and containers.

An unprecedented spike in plastic pollution across U.S. and Canada has underscored the recycled plastic trend. The UNEP infers that plastics contribute 85% of total marine waste, prompting governing bodies and other stakeholders to push for recyclability. For instance, in March 2022, BASF Venture Capital announced an infusion of funds into Oceanworks to make it easier to source recycled plastics. The startup will use digitized blockchain technology for traceability.

Go through the table of content of Plastics Industry Data Book to get a better understanding of the Coverage & Scope of the study

The competitive landscape suggests that key players will emphasize organic and inorganic strategies, including geographical expansion, product offerings, R&D activities, technological advancements, innovations and mergers & acquisitions. To illustrate, in August 2022, Covestro announced robust plans to establish mechanical recycling (MCR) of polycarbonates in Shanghai to deliver over 60,000 tons of polycarbonates in the Asia Pacific with recycled content until 2026. The first dedicated line is expected to keep up with the demand for sustainable solutions in manufacturing consumer goods, electrical and electronic products and automotive applications.

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
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UAE Genetic Testing Market Porter's Five Forces Analysis and Technology Landscape

UAE Genetic Testing Industry Overview

The UAE genetic testing market size was valued at USD 29.27 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 21.40% by 2030. The growth is majorly attributed to the rising prevalence of genetic conditions, increasing investments in genetic R&D, and technological developments by prominent market players. Moreover, increasing emphasis on personalized medicines is also likely to have a positive impact on the UAE direct-to-consumer genetic testing market.

During the COVID-19 pandemic, pharmacogenomics played a prominent role in creating effective, tailored, and cost-efficient medicines. The growing use of pharmacogenomics to produce effective cancer medicines is also a key factor driving the market growth. Moreover, recent developments undertaken by key companies are also likely to positively impact the growth of the industry.

Gather more insights about the market drivers, restraints, and growth of the UAE Genetic Testing Market

For instance, in February 2022, Dante Labs announced that it has selected Abu Dhabi Executive Office employees for their wellbeing week as a genetic services provider. This initiative is expected to strengthen the company’s position in the Abu Dhabi market. Biopharmaceutical companies are actively responding to the COVID-19 pandemic. This has further created opportunities for players striving to gain market share by leveraging the situation and capitalizing on untapped avenues.

According to WHO 2020 report, the UAE had a cancer incidence and mortality of 4,807 and 1,896, respectively. Furthermore, the UAE became one of the fastest-growing economies in the world in the mid-twentieth century, with this expansion contributing to economic, sociodemographic, and lifestyle changes in its population as well as an epidemiological increase in NCD rates. In addition, as per national studies in the UAE, this rise in cancer rates was linked to increased exposure to a number of risk factors, including lack of physical activity and sedentary lifestyle, excessive consumption of a high-calorie diet, rise in obesity rates, and increase in tobacco consumption.

Browse through Grand View Research's Clinical Diagnostics Industry Related Reports

Real-time PCR, Digital PCR, And End-point PCR Market - The global real-time PCR, digital PCR, and end-point PCR market size was valued at USD 31.64 billion in 2021 and is expected to decline at a compound annual growth rate (CAGR) of 8.2% from 2022 to 2030.

Direct-to-Consumer Genetic Testing Market - The global direct-to-consumer genetic testing market size was valued at USD 1.56 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 24.3% from 2023 to 2030.

UAE Genetic Testing Industry Segmentation

Grand View Research has segmented the UAE genetic testing market based on technology, application, end-use, and channel:

UAE Genetic Testing Technology Type Outlook (Revenue, USD Million, 2019 - 2030)

• Next Generation Sequencing
• Array Technology - Specific to Microarray Only
• PCR-based Testing
• FISH
• Others

UAE Genetic Testing Application Type Outlook (Revenue, USD Million, 2019 - 2030)

• Ancestry & Ethnicity
• Cancer Screening
• Genetic Disease Carrier Status
• New Baby Screening
• Traits
• Health and Wellness - Predisposition/ Risk / Tendency

UAE Genetic Testing End-use Outlook (Revenue, USD Million, 2019 - 2030)

• Hospitals & Clinics
• Diagnostic Laboratories
• Others

UAE Genetic Testing Channel Outlook (Revenue, USD Million, 2019 - 2030)

• Online (Own Website/ App, Aggregators, Marketplace)
• Offline (Pharmacy, Own Clinics, Partner Clinics, Lab, Hospitals)
• Others

Market Share Insights:

March 2022: GC Labs entered into collaboration with BioLab and Biotrust to deliver its testing services to laboratories while expanding its footprints in the region’s market.

January 2022: 23 and Me received FDA approval for a genetic health risk report on a hereditary prostate cancer marker. This approval is expected to expand the company’s offering in genetic testing.

Key Companies profiled:

Some prominent players in the UAE Genetic Testing Industry include

• Middle East Testing Services L.L.C
• Molecular Biology & Genetics Laboratory
• NSG
• Freiburg Medical Laboratory Middle East
• IVI MIDDLE EAST FERTILITY CLINIC
• 23andMe, Inc
• Ancestry
• CircleDNA
• 24Genetics
• MyDNA Life Australia Pty Ltd.

Order a free sample PDF of the UAE Genetic Testing Market Intelligence Study, published by Grand View Research.

Shoe Insoles Market Overview by Product, Application, Regional Demand and Prominent Players

Shoe Insoles Industry Overview

The global shoe insoles market size was valued at USD 5.38 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030. Increasing demand for cost-effective and non-invasive foot treatment is anticipated to boost the sales of shoe insoles. Rising prevalence of sports-related injuries such as muscle tear and joint dislocation among athletes will continue to surge the sales of shoe insoles. Moreover, the growth of the footwear sector resulted in an increase in the usage of shoe insoles. Furthermore, the increasing preference of the global population for fashionable footwear is assisting in the growth of the market.

Shoe insoles include a large variety of athletic, casual, and orthotic products consisting of various styles and are available for all occasions. People who are working all day on their feet require some extra support in their shoes. Moreover, there is a wide range of therapeutic insoles available in the market, which can be purchased over the counter or can be customized according to the requirements. The general intention of shoe insoles is to reduce the pain due to standing and walking around. Most professions need people to be on their feet for a longer period of time, taking extra weight or walking. A good quality shoe insole lets go of the problems by providing an extra softness that reduces the impact these jobs have on a person’s feet, hence reducing discomfort.

Gather more insights about the market drivers, restraints, and growth of the Global Shoe Insoles Market

The molded or 3D shoe insoles under the foot area increase the arch support and provide extra comfort. Moreover, during physical activities, the cushion helps in reducing and preventing joint or muscle pain in the feet. Moreover, the foam material provides extra cushioning to the feet at every step a person takes. It bounces back after every step, which is why it is highly used by people who walk and stand for a long time. Footwear interventions such as shoe insoles or foot orthoses are becoming increasingly popular among the population as a low-priced, simple, and non-invasive intervention may help in preventing lower limb overuse injuries, relieving pain, and retaining skin integrity of the feet.

The COVID-19 pandemic negatively impacted the overall market. The market faced a shortage of materials during the global lockdown, which prolonged for a longer period of time. Hence, as a result, the shoe insoles supply declined. In addition, the continuous lockdown created less demand for footwear products among people as they were isolated in their homes for a longer time period. However, it is expected that the market is going to witness demand due to the growing trend of fashionable footwear among the women population and sportspersons across the globe.

Browse through Grand View Research's Clothing, Footwear & Accessories Industry Related Reports

Foot Orthotic Insoles Market - The global foot orthotic insoles market size was valued at USD 3.17 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.9% from 2022 to 2030.

Footwear Market - The global footwear market size was estimated at USD 373.19 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030.

Shoe Insoles Industry Segmentation

Grand View Research has segmented the global shoe insoles market on the basis of application, material, end-user, and region:

Shoe Insoles Application Outlook (Revenue, USD Million, 2017 - 2030)

• Casual
• Athletic
• Orthotics

Shoe Insoles Material Outlook (Revenue, USD Million, 2017 - 2030)

• Foam
• Gel
• Rubber

Shoe Insoles End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Men
• Women

Shoe Insoles Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA (Middle East & Africa)

Market Share Insights:

November 2021: Spenco, the innovative healthcare company with a mission to help people everywhere by improving their foot health and improve their overall athletic performance, announced the launch of the two latest shoe insoles as part of their new performance series. The names are The Propel and Propel + Carbon. The new products are designed to boost the running shoes with the latest advancements in running technology. The products will be available both on their website and in retail channels nationwide.

Key Companies profiled:

Some prominent players in the global Shoe Insoles Industry include

• Bauerfeind AG
• Bayer Healthcare AG
• Foot Science International
• Peacock Medical Group
• Powerstep
• SOLO Laboratories, Inc.
• Spenco Medical Corporation
• Superfeet Worldwide, Inc.
• Texon International Group
• Footbalance System

Order a free sample PDF of the Shoe Insoles Market Intelligence Study, published by Grand View Research.

Individual Quick Frozen Cheese Market PESTEL Analysis and Key Growth Opportunities

Individual Quick Frozen Cheese Industry Overview

The global individual quick frozen cheese market size was valued at USD 6.24 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2022 to 2030. The rise in the consumption of fast foods such as pizza, pasta, and burgers has contributed to the increasing demand for cheese varieties such as mozzarella, parmesan, and cheddar. Cheese is a common ingredient in both fast food and fine dining establishments. Furthermore, the growth of the individual quick frozen (IQF) cheese market in the B2B end-use application can be attributed to the rising use of cheese within the food industry.

The COVID-19 pandemic has had a negative impact on the market growth, leading to a slight decline owing to the temporary closures of restaurants, food deliveries, and quick-service restaurants globally due to quarantine and lockdown measures, with sales of restaurants decreasing by 60%-70% from March to April 2020 globally. For instance, in August 2020, Domino’s Pizza, Inc. reported a drop in orders during the early stage of the COVID-19 pandemic as it stopped customers from collecting orders and dropped popular choices such as the cheeseburger pizza, stuffed crust, and chicken wings from its menus as a part of safety measures. Delivery orders of the company increased by 12% in the first six months of 2020, but collection orders dropped by 44%.

Gather more insights about the market drivers, restraints, and growth of the Global Individual Quick Frozen Cheese Market

Consumers’ eating priorities have led to strong demand for IQF cheese in the U.S. Furthermore, consumers’ demand for exclusive cheeses is driven by healthfulness, convenience, and sustainability. Several cheesemakers are addressing the growing consumer desire for fast food and ready-to-eat meals, in which cheese is a major ingredient, hence, they are continuously working on improving the quality of cheese and preserving it for a longer duration, which is expected to drive the market in the country.

The growth of the mozzarella segment is due to the increased demand for pizzas as the pizza industry keeps evolving and consumers are more likely to order a pizza when they go out to eat fast food as compared to other foods. According to an article published on SidmartinBio, in August 2020, the average American ate nearly 23 pounds of pizza per year. Furthermore, IQF mozzarella still works quite alright when melted and used as a topping over toasts, antipasti, baguettes, sandwiches, and salads.

Browse through Grand View Research's Consumer F&B Industry Related Reports

Frozen Bakery Market - The global frozen bakery market was worth USD 42.95 billion in 2022, expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030.

Frozen Food Market - The global frozen food market size was valued at USD 177.07 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030.

Individual Quick Frozen Cheese Industry Segmentation

Grand View Research has segmented the global Individual quick frozen cheese market on the basis of product, source, type, and region:

Individual Quick Frozen Cheese Product Outlook (Revenue, USD Million, 2017 - 2030)

• Mozzarella
• Cheddar
• Parmesan
• Others

Individual Quick Frozen Cheese Source Outlook (Revenue, USD Million, 2017 - 2030)

• Cow Cheese
• Goat Cheese

Individual Quick Frozen Cheese Type Outlook (Revenue, USD Million, 2017 - 2030)

• Standard of Identity (SOI) Cheese
• Non-Standard of Identity (SOI) Cheese

Individual Quick Frozen Cheese Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA (Middle East & Africa)

Market Share Insights:

October 2021: Granarolo S.p.A. announced the 100% acquisition of Calabro Cheese Corp., a U.S. enterprise. Calabro Cheese Corp produces and markets fresh dairy products, in particular ricotta, mozzarella, and burrata.

October 2021: Irish dairy co-operative Ornua announced that it had completed the acquisition of U.S. cheese ingredients business Whitehall Specialties Inc. (WSI) for an undisclosed sum from Mason Wells, a private equity firm based in Milwaukee, Wisconsin. The acquisition complemented Ornua’s U.S. ingredients division, Ornua Ingredients North America (OINA), and is central to Ornua’s long-term growth strategy in the U.S. cheese ingredients market.

Key Companies profiled:

Some prominent players in the global Individual Quick Frozen Cheese Industry include

• Granarolo S.p.A.
• Agrial
• Fonterra Co-operative Group Limited
• Leprino Foods Company
• Ornua Ingredients
• CASA Radicci
• Ets Freddy Baines (Flanders Milk)
• Consorzio Dal Molise
• Europomella SpA
• Whitehall Specialties Inc.

Order a free sample PDF of the Individual Quick Frozen Cheese Market Intelligence Study, published by Grand View Research.

HIV Clinical Trials Market Revenue Opportunities and Gross Margin Analysis

HIV Clinical Trials Industry Overview

The global HIV clinical trials market size was valued at USD 1.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2030. The market growth is due to a rise in R&D investment in HIV clinical trials by pharmaceutical and biotechnology companies, increasing drug approvals for HIV, and increasing incidence of HIV in the population. This growth was halted due to the COVID-19 pandemic as the sudden surge in the pandemic resulted in the slow enrollment of trials and a sudden shift in the COVID-19 drug trials.

The government announced stay-at-home orders due to the COVID-19 pandemic that caused disruption and restricted HIV testing and diagnosis, which led to a steep slowdown in referral and treatment for HIV and AIDS. However, from the start of 2021, the increasing prevalence of HIV among people and their inability to be treated due to staying at home will create a large patient pool and lead to the development of new treatment methods to prevent HIV infection. This will lead to the growth of the market.

Gather more insights about the market drivers, restraints, and growth of the Global HIV Clinical Trials Market

A large number of non-profit organizations and pharmaceutical and biotechnology companies are investing in HIV clinical research industry for its treatment therapies. For instance, in April 2021, non-profit organizations: IAVI and Scripps Research announced that they had completed a phase I clinical trial for a novel vaccine against HIV. In addition, Excision has announced that the FDA has approved its Investigational New Drug (IND) as a treatment to cure chronic HIV, which is called EBT-101.

Numerous drug improvements have occurred in recent years as a result of the increased expenditure on HIV drug research and development. For instance, in December 2021, ViiV Healthcare announced the use of a Food and Drug Administration (FDA) accepted treatment to prevent HIV-1 infection that is acquired sexually, namely Apretude. It is a long-acting injectable pre-exposure prophylaxis (PrEP) for the treatment of the disease.

Browse through Grand View Research's Medical Devices Industry Related Reports

Virtual Clinical Trials Market - The global virtual clinical trials market size was valued at USD 8.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030.

Mental Health Clinical Trials Market - The global mental health clinical trials market size was estimated at USD 2.73 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030.

HIV Clinical Trials Industry Segmentation

Grand View Research has segmented the global HIV clinical trials market based on phase, study design, sponsor, and region:

HIV Clinical Trials Phase Outlook (Revenue, USD Million, 2018 - 2030)          

• Phase I
• Phase II
• Phase III
• Phase IV

HIV Clinical Trials Study Design Outlook (Revenue, USD Million, 2018 - 2030)          

• Interventional Studies
• Observational Studies
• Expanded Access Studies

HIV Clinical Trials Sponsor Outlook (Revenue, USD Million, 2018 - 2030)       

• Pharmaceutical & Biopharmaceutical Companies
• Non Profit Organizations
• Others

HIV Clinical Trials Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA (Middle East & Africa)

Market Share Insights:

October 2021: Samsung BioLogics collaborated with Enzolytics Inc. This partnership aims to manufacture Anti-HIV and Anti-SARS-CoV-2 Monoclonal Antibody Therapies.

June 2021: Gilead Sciences, Inc. submitted a new drug application to the Food and Drug Administration (FDA). It is a long-acting HIV-1 capsid inhibitor that is used for the treatment of HIV-1 infection.

Key Companies profiled:

Some prominent players in the global HIV Clinical Trials Industry include

• PPD Inc.
• IQVIA Inc.
• Parexel International Corporation
• ICON plc
• Syneos Health
• WuXi AppTec
• Janssen Global Services, LLC
• Gilead Sciences, Inc.
• Bionor Holding AS
• Charles River Laboratories
• GSK plc.
• SGS SA

Order a free sample PDF of the HIV Clinical Trials Market Intelligence Study, published by Grand View Research.

Vegan Snacks Market Analysis Report by Type, Material, Application, Region and Segment Forecasts

Vegan Snacks Industry Overview

The global vegan snacks market size was valued at USD 44.02 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 6.9% from 2022 to 2030. The rising demand for vegan products across the globe due to health benefits coupled with increasing veganism is one of the major factors propelling the growth of the industry. The intake of vegan food, such as snacks, helps improve gut health and support the immune systems and reduce inflammation, owing to these benefits, consumers are adopting vegan food in their snack routine that further supporting the growth of the market growth. On the other hand, the availability of various substitutes for vegan snacks is projected to restrain the industry growth during the forecast period.

The high processing cost of vegan snacks further hinders the adoption of these snacks in low- and middle-income countries, which may hamper the industry growth during the forecast period. However, a significant number of product launches in plant-based snacks by the manufacturer are projected to provide lucrative growth opportunities for the industry. Significant demand for healthy vegan snacks during the pandemic positively impacted the industry. During the COVID-19 pandemic, the healthcare expert recommended a daily intake of nutritional food to maintain the immunity of the body. Moreover, the rise in snacking habits further supported the market growth positively. As per the survey, around 40% of the U.S. population admitted the growth in the consumption of plant-based snacks in the country.

Gather more insights about the market drivers, restraints, and growth of the Global Vegan Snacks Market

Rapid growth in online sales of plant-based food products during the lockdown period supported the industry growth. Moreover, the increasing vegan population across the globe contributes to the growth of the industry. Major countries, such as the U.S., the U.K., Australia, Canada, and India, are contributing significantly to the growth of the industry due to the rising veganism. As per a survey by the Vegetarian Resource Group in 2020, around 3% of respondents were vegan in the U.S. Moreover, the growing trend of veganism among celebrities and athletes across the globe is projected to provide ample growth opportunities to the market. Various organizations claimed the growth in the vegan population across the globe.

For instance, in the U.K., as per a survey conducted by the Vegan Society in collaboration with Vegan Life magazine, there was around 360% growth in the vegan population. In Canada, the vegan population increased by 250% reaching around 850,000 vegans as per the survey data. Australia is second only to the U.K. in terms of plant-based eating likings as per the 2020 report survey. In addition, the growing health concerns boost the adoption of vegan food products including vegan snacks. The harmful effects of animal-based food products on human health further encourage people to choose vegan snacks over animal-based food products. For instance, as per research, the intake of red meat can increase the risk of mortality due to stroke, diabetes, and heart disease. Animal-based foods also support the unhealthful gut bacteria that cause various diseases.

Browse through Grand View Research's Consumer F&B Industry Related Reports

Gelatin Substitutes Market - The global gelatin substitutes market size was worth USD 349.60 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030.

Vegan Food Market - The global vegan food market size was valued at USD 15.08 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.6% from 2022 to 2030.

Vegan Snacks Industry Segmentation

Grand View Research has segmented the global vegan snacks market based on product, packaging, distribution channel, and region:

Vegan Snacks Product Outlook (Revenue, USD Million, 2017 - 2030)

• Nuts & Seeds
• Bakery
• Savory
• Confectionery
• Others

Vegan Snacks Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline
• Online

Vegan Snacks Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA (Middle East & Africa)

Key Companies profiled:

Some prominent players in the global Vegan Snacks Industry include

• Amy’s Kitchen
• Danone S.A
• The Archer Daniels Midland Company
• Daiya Foods Inc.
• Tofutti Brands Inc.
• Eden Foods Inc.
• Sun Opta Inc.,
• Hain Celestial Group Inc.
• Organic Valley Corporative
• Primal Spirit Foods, Inc.
• Upton's Naturals
• Green Pack Food, Inc.
• Allplants Ltd.
• Follow Your Heart

Order a free sample PDF of the Vegan Snacks Market Intelligence Study, published by Grand View Research.