Halloumi Cheese Market: Distribution Strategies Shaping the Future

Halloumi Cheese Market Growth & Trends

The global Halloumi Cheese Market size was estimated at USD 475.0 million in 2023 and is expected to expand at a CAGR of 9.6% from 2024 to 2030. Halloumi cheese is a semi-hard cheese originating from Cyprus and has recently gained significant popularity. Traditionally made from a blend of sheep's and goat's milk, it is characterized by its unique squeaky texture and high melting point, which allows it to be grilled or fried without losing its shape. Halloumi has deep roots in the Mediterranean diet and culture, serving as a staple food for centuries. Its versatility in culinary applications and a growing global interest in Mediterranean cuisine have contributed to its rise in demand.

One of the primary reasons for the growth of halloumi cheese is the increasing consumer demand for protein-rich foods. As health consciousness rises, more people seek alternatives to meat that still provide substantial protein content. Halloumi is an excellent vegetarian option, making it appealing to vegetarians and flexitarians alike. The fast-food industry's pivot towards healthier offerings has also spurred interest in halloumi as a meat substitute in various dishes, such as salads and sandwiches.

The globalization of food culture significantly influences Halloumi's growth trajectory. As consumers become more adventurous with their food choices, there is a rising interest in exotic cuisines, particularly Mediterranean dishes that prominently feature halloumi. This trend is further amplified by the expansion of multinational food chains and the proliferation of e-commerce platforms that make diverse food products more accessible to consumers around the world.

Another contributing factor is the innovation in packaging and marketing strategies to enhance consumer awareness and convenience. Producers invest in attractive packaging and precise labeling to highlight halloumi's nutritional benefits and culinary versatility. Additionally, the rise of food delivery services has made it easier for consumers to try new products like halloumi without visiting specialty stores.

Sustainability and ethical sourcing have also become crucial considerations for modern consumers. Many producers are adopting artisanal methods of production that emphasize local sourcing and traditional techniques. This aligns with a broader consumer shift towards sustainable eating practices, where individuals prioritize foods produced responsibly and ethically. The connection to local heritage and authenticity appeals to consumers looking for genuine culinary experiences.

Finally, the market dynamics surrounding halloumi cheese reflect broader trends within the dairy industry. With an increasing number of health-conscious consumers seeking flavorful options to enhance their meals, halloumi is positioned well within this niche. Its ability to complement various dishes-from grilled vegetables to pizza-makes it a versatile ingredient catering to diverse palates. This adaptability ensures that halloumi remains relevant in a rapidly evolving food landscape.

One of the most pressing challenges is the intense competition within the cheese market. With over 500 varieties of specialty cheeses available globally and a market valued at over USD 50 billion, halloumi cheese must contend with well-established cheeses like feta, gouda, and brie, with strong consumer followings. The introduction of numerous new specialty cheese products each year further complicates the landscape, making it crucial for halloumi producers to differentiate their offerings through innovative marketing strategies and product variations.

Regulatory challenges also pose a significant hurdle for the halloumi market. The debates surrounding its Protected Designation of Origin (PDO) status can create legal complexities for producers outside Cyprus who wish to market their products as halloumi. This situation can lead to confusion among consumers and may restrict the market's growth potential in regions where local cheese varieties are preferred. Ensuring compliance with these regulations while maintaining product authenticity is a delicate balance for manufacturers.

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Halloumi Cheese Market Report Highlights

  • Unflavored halloumi cheeses were the most significant product in the halloumi cheese industry, accounting for a market of 312.08 million in 2023.
  • Household consumption of halloumi cheese accounted for a market of over USD 245 million in 2023.
  • Supermarkets & hypermarkets have the highest revenue share in the distribution of halloumi cheeses, accounting for a market revenue of USD 216.32 million in 2023.
  • The North America halloumi cheese market was USD 105.69 million in 2023 and is expected to grow at a CAGR of 9.4% over the forecast period.

Halloumi Cheese Market Segmentation

Grand View Research has segmented the global halloumi cheese market report based on flavor, end use, distribution channel and region:

End Use Outlook (Revenue, USD Million, 2018 - 2030)

  • Household
  • Food Service
  • Retail

Flavor Outlook (Revenue, USD Million, 2018 - 2030)

  • Unflavored Halloumi Cheese
  • Flavored Halloumi Cheese

Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Supermarkets & Hypermarkets
  • Specialty Stores
  • Online
  • Others

Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & New Zealand
    • South Korea
  • Central & South America
    • Brazil
  • Middle East & Africa
    • UAE

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Connected Toys Market Demand and Trends Analysis by Age Group, 2030

Connected Toys Market Growth & Trends

The global Connected Toys Market size was estimated at USD 10.04 billion in 2023 and is expected to expand at a CAGR of 21.1% from 2024 to 2030. Increased demand for interactive and educational toys, rising adoption of smart devices, technological advancements, and growing consumer awareness are primarily contributing to the growth of the connected toys market.  Moreover, the integration of connected toys with digital platforms, such as apps and online content, enhances entertainment value and drives market growth. Furthermore, ongoing advancements in technology and product design, such as augmented reality (AR) and virtual reality (VR), offer unique experiences that drive consumer demand.

The increasing emphasis on STEM (Science, Technology, Engineering, Mathematics) education encourages the development and adoption of connected toys that support these educational goals. The widespread use of smart devices facilitates the connectivity and control of connected toys, broadening their appeal and accessibility. Furthermore, the expansion of connected toys into emerging markets and developing regions presents new growth opportunities and increases global market potential. Partnerships between toy manufacturers, technology companies, and content creators are driving the development of innovative and engaging connected toys.

The proliferation of Internet of Things (IoT) and artificial intelligence (AI) technologies enhances interactivity and personalization in connected toys, driving consumer interest and market growth.Parents and educators are increasingly seeking toys that offer interactive and educational value, leading to a growing preference for connected toys that provide engaging and educational content. Features that allow parents to monitor and control their children’s play enhance the adoption of the connected toys.

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Connected Toys Market Report Highlights

  • The 9-12 years age group segment led the market in 2023, accounting for over 40.0% share of the global revenue.
  • The smartphones segment accounted for the largest market revenue share in 2023. Various factors such as widespread smartphone penetration, increased connectivity options, and cost-effective solution are primarily driving the growth of the segment.
  • Bluetooth segment accounted for the largest market revenue share in 2023. Various factors such as ease of connectivity, cost effectiveness, low power consumption, and interactive play experiences are primarily contributing to the growth of the segment.
  • Online retail segment accounted for the largest market revenue share in 2023. The rise of e-commerce increased digital marketing, subscription and direct-to-consumer models, and technological advancements are primarily contributing to the growth of the segment.
  • App-Connected Toys segment accounted for the largest market revenue share in 2023. Increased smartphone penetration, enhanced user experience, and parental control and monitoring are driving the growth of the segment.
  • The entertainment segment accounted for the largest market revenue share in 2023. Modern consumers are looking for toys that offer more than traditional play.
  • North America dominated with a revenue share of over 35.0% in 2023. North America has a well-established technological infrastructure, enabling the rapid adoption of connected toys that utilize IoT, AI, AR, and VR.

Connected Toys Market Segmentation

Grand View Research has segmented the global connected toys market report based on the age group, interfacing device, technology, distribution channel, type, application, and region.

Age Group Outlook (Revenue, USD Million, 2017 - 2030)

  • 0- 5 years
  • 6-8 years
  • 9-12 years
  • Teenagers (13-19 years)

Interfacing Device Outlook (Revenue, USD Million, 2017 - 2030)

  • Smartphones
  • Tablets
  • Consoles & PCs
  • Wearables

Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • Wi-Fi
  • Bluetooth
  • Radio Frequency Identification (RFID) or Near Field Communication (NFC)
  • Artificial Intelligence (AI)
  • Augmented Reality (AR) and Virtual Reality (VR)

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

  • Online Retail
  • Offline Retail
  • Specialty Stores
  • Direct Sales

Type Outlook (Revenue, USD Million, 2017 - 2030)

  • App-Connected Toys
  • Voice-Activated Toys
  • Screenless Connected Toys
  • Smart Toys with Wearable Integration
  • Robotics & Programmable Toys
  • Smart Action Figures and Dolls

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

  • Educational
  • Entertainment
  • Fitness and Health
  • Security and Monitoring

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

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Latin America
    • Brazil
  • MEA
    • UAE
    • South Africa
    • KSA

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AI-Driven Revolution: Transforming the Global Supply Chain Landscape

Artificial Intelligence in Supply Chain Market Growth & Trends

The global Artificial Intelligence in Supply Chain Market size is anticipated to reach USD 51.12 billion by 2030 and is projected to grow at a CAGR of 38.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Intelligent automation, smarter workflows, provides actionable insights to accelerate time-to-value, increased agility, and improved supply chain resiliency are some of the factors contributing to the market growth. The supply chain industry has witnessed an increasing trend in the use of automation technologies such as business process management (BPM) and AI to scale and streamline decision-making across organizations. By automating lower-level tasks throughout supply chain operations, AI helps improve operational efficiencies, free up resources, and simplify processes, which is expected to significantly fuel the market growth.

Next-generation supply chain control tower technologies assist organizations in recognizing and resolving critical supply chain issues more quickly with actionable workflows, advanced analytics, and end-to-end visibility. By leveraging the power of customized workflows, automation, AI, and open platforms, organizations can better predict, plan for, and respond to complex supply chain operational challenges. These characteristics and benefits of artificial intelligence technologies are expected to increase its demand in the supply chain industry.

Initiatives by public and private organizations associated with artificial intelligence in the supply chain industry are also anticipated to accelerate market expansion. For instance, in November 2022, Microsoft, a technology company specializing in software solutions, announced the launch of its Microsoft Supply Chain Platform, a customizable platform that aims to help organizations optimize their supply chain database investment through an open approach by combining the best of SaaS applications, security, low-code, collaboration, and Microsoft AI in a scalable platform.

Organizations are constantly undertaking initiatives such as partnerships, acquisitions, and mergers to gain an advantage in the highly competitive market. For instance, in December 2022, Accenture, a provider of consulting and information technology services, announced partnership with Planet Labs PBC, an earth imaging company based in the U.S., with the aim to assist organizations across the government & forestry, energy, consumer packaged goods, and agriculture industries with valuable insights for decision-making. The two companies will collaborate on a variety of impact and sustainability initiatives, including data-based climate risk assessments, traceable supply chain strategy, and measurement by combining Accenture's deep industry and technology expertise and broad range of sustainability services with Planet Labs PBC’s high frequency satellite imagery data.

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Artificial Intelligence In Supply Chain Market Report Highlights

  • Based on offering, the software segment led the market with the largest revenue share of 41.8% in 2023. The growth of e-commerce and omnichannel retail demands flexible and efficient supply chains, which AI-powered software facilitates
  • Based on technology, the machine learning segment led the market with the largest revenue share of 36.3% in 2023. Machine learning algorithms can handle complex tasks within the supply chain, automating processes and making data-driven decisions faster and more accurately than traditional methods
  • Based on application, the supply chain planning segment led the market with the largest revenue share of 32.5% in 2023. Modern supply chains are intricate and often spread across the globe. AI-powered planning tools help businesses navigate complexity by optimizing inventory levels, production schedules, and transportation routes, leading to cost savings and improved efficiency
  • Based on end use, the automotive segment led the market with the largest revenue share of 17.7% in 2023. Automakers rely heavily on JIT manufacturing, where parts arrive exactly when needed on the assembly line. AI in the supply chain optimizes delivery schedules and inventory management, ensuring a smooth production flow and reducing costs associated with holding excess parts
  • North America dominated the market with the revenue share of 38.4% in 2023, accounting for the largest share of global revenue. Supply chain companies in the region are increasingly looking for ways to gain greater visibility and transparency into their supply chain data and processes. AI can help to achieve this by providing real-time insights into inventory levels, transportation schedules, and other critical factors

Artificial Intelligence in Supply Chain Market Segmentation

Grand View Research has segmented the global artificial intelligence in supply chain market report based on offering, technology, application, end use, and region:

Artificial Intelligence in Supply Chain Offering Outlook (Revenue, USD Million, 2017 - 2030)

  • Hardware
  • Software
  • Services

Artificial Intelligence in Supply Chain Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • Machine Learning
  • Computer Vision
  • Natural Language Processing
  • Context-Aware Computing
  • Others

Artificial Intelligence in Supply Chain Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Supply Chain Planning
  • Warehouse Management
  • Fleet Management
  • Virtual Assistant
  • Risk Management
  • Inventory Management
  • Planning & Logistics

Artificial Intelligence in Supply Chain End-Use Outlook (Revenue, USD Million, 2017 - 2030)

  • Manufacturing
  • Food and Beverages
  • Healthcare
  • Automotive
  • Aerospace
  • Retail
  • Consumer-Packaged Goods
  • Others

Artificial Intelligence in Supply Chain Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Latin America
    • Brazil
  • Middle East and Africa (MEA)
    • UAE
    • South Africa
    • KSA

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Shifting Preferences: Trends in the Smokeless Tobacco Products Market

Smokeless Tobacco Products Market Growth & Trends

The global Smokeless Tobacco Products Market size is expected to reach USD 23.29 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.8% from 2024 to 2030. The market is driven by consumer attraction towards new products and trendy packaging, especially in the chewing tobacco segment. Moreover, drastic changes in promotion and advertising of chewing tobacco in countries such as Algeria and South Africa have increased the demand over the forecast period.

The market is driven by robust growth of the tobacco sector in Asia Pacific and North America, along with rise in the sales of chewing types used in the industry. The growth is also attributed to growing middle class population leading to rise in the disposable income of consumers. These consumers tend to be attracted to lifestyle and cost effective products in the market. Moreover, growing purchasing power of consumers leading to adoption of premium types in the snuff segment with moist and dry forms is anticipated to drive the demand in market.

Increasing number of product launches in the snuff category such as without use of nicotine and less tobacco content in products will increase the demand for specialty and premium types in market. Moreover, impact of advertising campaigns, presence of a number of shops, cost effectiveness, and trendy lifestyle among consumers provide a lucrative opportunity for the global market.

North America is anticipated to witness significant growth due to presence of a large consumer base, inclination towards use of premium product categories including snuff packaged in ready to use pouches, along with growing product launches in the market. Moreover, rise in sales of chewing product has been observed in Asia Pacific due to its growing adoption among the younger age groups. For instance, in 2017, in India, around 20% of women were addicted to chewing product types and around 19.3% in Pakistan.

Growing demand for long lasting products among consumers will increase the growth of the chewing type in market. Moreover, increasing focus of the leading players on chewing product types due to its wide adoption in Asia Pacific countries will fuel its demand in the market. Companies are taking up strategies such as product launches and expanding their capacity so as to increase the market value of their product types in the market. The market is recognized by a few initiatives such as mergers and acquisitions, online sales, limited extension, and developments endeavored by the key players in the business including Altria Group, British American Tobacco, Imperial Tobacco Group, Gallaher Group Plc, Universal Corporation, and Reynolds Tobacco Company.

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Smokeless Tobacco Products Market Report Highlights

  • By product, chewing tobacco is projected to ascend at a CAGR of 5.6% over the forecast period. The snuff segment dominated the market with an share of 54.9% in 2023
  • Asia Pacific dominated the global smokeless tobacco products market in 2023, accounting for 37.52% share of the total revenue. This trend is projected to continue over the next few years
  • Growing industry on account of rise in trendy lifestyle and variation in flavors mainly in developing countries are further expected to propel the market growth
  • The APAC market is anticipated to witness growth due to increasing disposable income in India, South Korea, China, and Japan
  • The industry is highly competitive in nature with the main players including Altria Group, British American Tobacco, Impaerial Tobacco Group, and Gallaher Group Plc
  • Various manufacturers are concentrating on new product launches, capacity expansion, and product innovation to estimate existing and future demand patterns from upcoming product segments.

Smokeless Tobacco Products Market Segmentation

Grand View Research has segmented the global smokeless tobacco products market report based on product, distribution channel, and region:

Smokeless Tobacco Products Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Chewing Tobacco
  • Snuff
  • Others

Smokeless Tobacco Products Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Online
  • Offline

Smokeless Tobacco Products Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • Sweden
    • Norway
  • Asia Pacific
    • India
  • Latin America
  • Middle East and Africa (MEA)
    • Algeria
    • South Africa

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Saudi Arabia Wearable Medical Devices Market Revenue to touch $956.43 Million by 2030

Saudi Arabia Wearable Medical Devices Market Growth & Trends

The Saudi Arabia Wearable Medical Devices Market size is anticipated to reach USD 956.43 million by 2030, growing at a CAGR of 20.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The anticipated growth in industries such as remote health monitoring and home healthcare is expected to impact the market. The utilization of telemedicine during the COVID-19 pandemic was identified to be satisfactory for safe communication between healthcare providers and patients in the country. The increased focus on healthy lifestyle and fitness contributes to the increased demand for fitness trackers. Technological advancements, increase in clinical trials, and awareness of personal health monitoring and round-the-clock monitoring are expected to further drive the market.

Increasing lifestyle-associated diseases constitute a significant threat to Saudi Arabia’s population health. An increase in obesity is the primary cause of non-communicable diseases like hypertension, type 2 diabetes, and dyslipidemia, which can lead to cardiovascular disorders (CVDs). Ischaemic heart disease is one of the major reasons for deaths in Saudi Arabia. In 2020 and 2021, obesity prevalence in Saudi Arabia was the highest across the globe, with an average of 35%. This factor further anticipates the need for early diagnosis of CVDs, including coronary heart disease, rheumatic heart disease, cerebrovascular disease, and other conditions necessitating continuous monitoring of physiological parameters.

Currently, the Saudi government spends over 60% of the country’s total healthcare expenditure. It launched the Vision 2030 project to improve research and development in healthcare infrastructure such as telemedicine and remote patient monitoring.

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Saudi Arabia Wearable Medical Devices Market Report Highlights

  • Based on product, the diagnostics device segment dominated the market with the largest share of 60.92% in 2023, owing to the need of continuous monitoring of physiological parameters
  • The respiratory devices product segment is expected to grow at the fastest CAGR of 21.6% over the forecast period
  • Based on application, the home healthcare segment held the largest revenue share in 2023. The remote patient monitoring segment is expected to grow at the fastest CAGR over the forecast period.
  • Factors such as sedentary lifestyle and lack of exercise are contributing to the growing prevalence of cardiovascular diseases.
  • In August 2023, FluidAI Medical rolled out a postsurgical monitor, Stream Platform, powered by the use of artificial intelligence facilitating the diagnosis of postoperative leaks and severe complications of digestive tract surgeries.

Saudi Arabia Wearable Medical Devices Market Segmentation

Grand View Research has segmented the Saudi Arabia wearable medical devices market based on product, site, application, grade type, and distribution channel:

Saudi Arabia Wearable Medical Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Diagnostic Devices
    • Vital Sign Monitoring Devices
      • Heart Rate Monitors
      • Activity Monitors
      • Electrocardiographs
      • Pulse Oximeters
      • Spirometers
      • Blood Pressure Monitors
      • Others
    • Sleep Monitoring Devices
      • Sleep trackers
      • Wrist Actigraphs
      • Polysomnographs
      • Others
    • Electrocardiographs Fetal and Obstetric Devices
    • Neuromonitoring Devices
      • Electroencephalographs
      • Electromyographs
      • Others
  • Therapeutic Devices
    • Pain Management Devices
      • Neurostimulation Devices
      • Others
    • Insulin/Glucose Monitoring Devices
      • Insulin Pumps
      • Others
    • Rehabilitation Devices
      • Accelometers
      • Sensing Devices
      • Ultrasound Platform
      • Others
    • Respiratory Therapy Devices
      • Ventilators
      • Positive Airway Pressure (PAP) Devices
      • Portable Oxygen Concentrators
      • Others

Saudi Arabia Wearable Medical Devices Site Outlook (Revenue, USD Million, 2018 - 2030)

  • Handheld
  • Headband
  • Strap/Clip/Bracelet
  • Shoe Sensors
  • Others

Saudi Arabia Wearable Medical Devices Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Sports and Fitness
  • Remote Patient Monitoring
  • Home Healthcare

Saudi Arabia Wearable Medical Devices Grade Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Consumer-Grade Wearable Medical Devices
  • Clinical Wearable Medical Devices

Saudi Arabia Wearable Medical Devices Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Pharmacies
  • Online Channel
  • Hypermarkets

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Exploring the Scale of India's Preclinical CRO Market

India Preclinical CRO Market Growth & Trends

The India Preclinical CRO Market is anticipated to reach USD 393.6 million by 2030 and is projected to grow at a CAGR of 11.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The factors driving the growth are multifaceted, encompassing cost advantages, a skilled workforce, increasing outsourcing trends and R&D of clinical trials worldwide. According to a study on the CRO sector in India in August 2023 by the Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers Government of India, the aggregate R&D expenditure of the largest pharmaceutical corporations in 2022 exceeded USD 138 billion, up 1.7% from 2021.

The market growth is fueled by the rising trend of global outsourcing of research and development (R&D) functions. Industries such as pharmaceuticals, biotechnology, medical devices, and agrochemicals are leveraging the capabilities of CROs to carry out preclinical research studies. This allows pharmaceutical companies to delegate certain aspects of their R&D while focusing on their core competencies.

Advanced technologies such as high-throughput screening, silicon modeling, and advanced imaging have boosted preclinical CROs in India by speeding up drug discovery and development, making them faster and more accurate. Automation and robotics have also increased efficiency and reduced experiment turnaround times. India's large patient population, network of hospitals, and cost-effective operations with skilled human resources are expected to drive the market's growth.

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India Preclinical CRO Market Report Highlights

  • Based on services, the toxicology testing segment led the market with a largest revenue share of 22.5% in 2023, owing to rising rate of outsourcing of non-core preclinical CRO research
  • Based on service, the bioanalysis and DMPK studies segment is expected to grow at the fastest CAGR over the forecast period, due to technological developmentsin analytical techniques, increased R&D in the pharmaceutical sector, and theshift to personalized medicine
  • Based on model types, the patient derived organoid (PDOs) models segment held the market with the largest revenue share of 80.6% in 2023, and is anticipated to witness the fastest CAGR during the forecast period, owing to theshift to personalized medicine, its use in drug development and disease modeling
  • Based on end-use, the biopharmaceutical companies segment held the market with largest revenue share of 85.0% in 2023, due to cost-effectiveness, access to advanced technologies, expertise, faster timelines, risk mitigation, and the ability to focus on core competencies
  • In May 2023, Aragen Life Sciences Ltd. and Far Biotech announced a partnership to advance preclinical initiatives in the field of neurodegeneration. Aragen will utilize its experimental discovery platform to help FAR Biotech reach an essential milestone in neurodegeneration with its small molecule program

India Preclinical CRO Market Segmentation

Grand View Research has segmented the India preclinical CRO market based on the service, model type, and end-use:

India Preclinical CRO Service Outlook (Revenue, USD Million, 2018 - 2030)

  • Bioanalysis and DMPK studies
    • In vitro ADME
    • In-vivo PK
  • Toxicology testing
    • GLP
    • Non-GLP
  • Compound management
    • Process R&D
    • Custom Synthesis
    • Others
  • Chemistry
    • Medicinal Chemistry
    • Computation Chemistry
  • Safety Pharmacology
  • Others

India Preclinical CRO Model Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Patient Derived Organoid (PDO) Model
  • Patient Derived Xenograft Model

India Preclinical CRO End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Biopharmaceutical Companies
  • Government and Academic Institutes
  • Medical Device Companies

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Big Farms, Big Demand: Spraying Equipment Market Expansion Predicted by 2030

Agriculture Spraying Equipment Market Growth & Trends

The global Agriculture Spraying Equipment Market size was estimated at USD 3.13 billion in 2023 and is expected to grow a CAGR of 5.4% from 2024 to 2030. The growth of the market is driven by an increasing focus on farm efficiency, larger farm sizes, government support for modern techniques, and the ongoing mechanization of agricultural activities. Farm efficiency and productivity are critical factors in modern agriculture, where maximizing output while minimizing inputs is essential.

Farmers are increasingly turning to advanced spraying equipment to achieve these goals. Technologies such as GPS-guided systems and variable rate applications allow for precise application of fertilizers, pesticides, and herbicides, targeting specific areas as needed. This precision not only optimizes crop yields but also reduces waste and environmental impact. As sustainability becomes a key concern, agriculture spraying equipment that promotes efficient use of resources gains prominence. Manufacturers are responding by developing sprayers with advanced features like automated calibration and real-time monitoring, enabling farmers to achieve higher efficiency and productivity levels than before.

Governments worldwide are recognizing the importance of modern agricultural techniques in ensuring food security and sustainability. Policies and subsidies that support the adoption of advanced spraying equipment are becoming more prevalent. These initiatives aim to promote precision agriculture practices that minimize environmental impact while maximizing yield. By incentivizing the use of state-of-the-art spraying technologies, governments are fostering innovation in the agriculture spraying equipment market. This support not only encourages farmers to invest in efficient equipment but also drives research and development in new spraying technologies. As a result, the market for agriculture spraying equipment is experiencing growth driven by governmental initiatives aimed at modernizing and enhancing the efficiency of agricultural practices globally.

The ongoing mechanization of agricultural activities is revolutionizing farming practices worldwide. Spraying equipment plays a crucial role in this transformation by automating and optimizing the application of inputs such as fertilizers and pesticides. Automated systems and robotics are increasingly integrated into spraying equipment, enabling precise and consistent application across large fields. This shift towards mechanization addresses labor shortages and increases operational efficiency in farming operations. Modern sprayers are equipped with features such as automated boom control and application rate controllers, enhancing accuracy and reducing wastage of inputs. As farmers seek to improve productivity and reduce costs, the demand for advanced spraying equipment that supports mechanized farming continues to rise, driving innovation and market expansion in the agriculture spraying equipment sector.

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Agriculture Spraying Equipment Market Report Highlights

  • The medium farms segment dominated the target market and accounted for the largest revenue share of 46.2% in 2023.
  • The self-propelled segment held the largest revenue share of 36.6% in 2023 due to its high efficiency and versatility in covering large areas quickly. These machines are equipped with advanced technologies, such as variable rate application and GPS, enhancing accuracy and reducing input costs.
  • The high volume segment held the largest revenue share of 50.1% in 2023 due to its ability to cover extensive areas in a single operation, making it ideal for large-scale farming.
  • North America agriculture spraying equipment market maintained a notable revenue share of 23.9% in 2023, primarily driven by technological advancements and robust adoption of precision agriculture practices.

Agricultural Spraying Equipment Market Segmentation

Grand View Research has segmented the global agriculture spraying equipment market report based on farm size, type, capacity, type, and region.

Farm Size Outlook (Revenue, USD Million, 2017 - 2030)

  • Large Farms
  • Medium Farms
  • Small Farms

Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Handheld
  • Self-propelled
  • Tractor-mounted
  • Trailed
  • Aerial

Capacity Outlook (Revenue, USD Million, 2017 - 2030)

  • Ultra-Low Volume
  • Low Volume
  • High Volume

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

  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • Latin America
    • Brazil
  • Middle East and Africa (MEA)
    • KSA
    • UAE
    • South Africa

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Rare Cell Isolation Market Size to Reach $3.46 Billion By 2030

Rare Cell Isolation Market Growth & Trends

The global Rare Cell Isolation Market size is anticipated to reach USD 3.46 billion by 2030, registering a CAGR of 9.71% from 2024 to 2030, according to a new report by Grand View Research, Inc. This is attributed to the continuous technological advancements, increasing prevalence of chronic diseases, growing demand for personalized medicine, and advancements in cancer research. Furthermore, the isolation of rare stem cells is essential for regenerative medicine and stem cell therapy, thereby propelling the demand over the forecast period.

The COVID-19 pandemic has positively impacted the market by accelerating diagnostics and therapeutic research advancements. The urgent need to understand the virus and develop effective treatments has stimulated investment in cutting-edge cell isolation technologies, facilitating the rapid isolation and analysis of rare immune cells and circulating viral particles. Thus, the growing demand has driven innovation and collaboration across the biotech industry, resulting in enhanced single-cell analysis, liquid biopsy, and personalized medicine capabilities, boosting the demand for rare cell isolation over the forecast period.

The increasing prevalence of chronic diseases, especially cancer, has significantly increased the demand for rare cell isolation techniques. Isolation of these cells allows for early diagnosis, monitoring of treatment efficacy, and development of targeted therapies tailored to individual patients. By capturing and studying these rare cells, researchers and clinicians are anticipated to identify specific genetic mutations, recognize tumor behavior, and devise personalized treatment plans, ultimately improving patient outcomes and advancing the field of oncology. Thus, the growing demand for rare cells in predicting behavior is estimated to propel the market growth over the forecast period.

However, advanced rare cell isolation technologies, such as microfluidics and flow cytometry, often require significant investment. The high equipment, reagents, and maintenance costs can be prohibitive for many research institutions and clinical labs, limiting market expansion. In addition, the processes involved in rare cell isolation are technically complex, thus requiring specialized expertise and training. This complexity is anticipated to create a barrier to adoption, further hampering the market's growth.

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Rare Cell Isolation Market Report Highlights

  • The reagent & kits segment dominated the market in 2023 and is expected to grow at the fastest CAGR from 2024 to 2030. The cost-effectiveness of reagents and kits compared to more sophisticated and expensive equipment for cell isolation plays a significant role in their widespread adoption
  • The stem cell type segment held the largest share of 39.46% in 2023. The pharmaceutical and biotechnology industries rely heavily on isolated stem cells to screen for new drugs, study cellular responses, and assess the safety of potential treatments. This widespread application in research and industry underpins the segment dominance
  • The microfluidics-based techniques technology segment dominated the market in 2023. Continuous innovation & advancements in microfluidics technology contributed to its leading position in the market. Researchers and companies are developing new microfluidic devices and methods that offer improved performance, ease of use, and integration with other analytical tools. These advancements are driving widespread adoption and expanding the applications of microfluidics-based cell isolation
  • North America dominated the market in 2023 due to the growing cancer incidence, sedentary lifestyle, and rising prevalence of chronic diseases. On the other hand, Asia Pacific is anticipated to grow at the highest CAGR over the forecast period

Rare Cell Isolation Market Segmentation

Grand View Research has segmented global rare cell isolation market on the basis of technology, cell type, product, and region:

Rare Cell Isolation Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Reagent & Kits
  • Instrument

Rare Cell Isolation Cell Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Circulating Tumor Cells
  • Stem Cells
  • Fetal Cells
  • Rare Immune Cells
  • Circulating Endothelial Cells
  • Other Rare Cell Types

Rare Cell Isolation Technology Outlook (Revenue, USD Billion, 2018 - 2030)

  • Magnetic-bead Separation
  • Fluorescence-activated Cell Sorting
  • Microfluidics-based Techniques

Rare Cell Isolation Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Thailand
  • Latin America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

Download your FREE sample PDF copy of the Rare Cell Isolation Market today and explore key data and trends.

Analyzing the Impact of Corn Procurement on Revenue: A Forecasting Perspective

The Corn Category is expected to grow at a 3.1% CAGR from 2023 to 2030. The key factors driving corn demand are the rising demand for processed meals, biofuels, and animal feed. The demand for corn as a key component of animal feed is expected to expand in the coming years as global meat consumption is expected to increase. Almost all types of compound feed for animals, including ruminants, poultry, swine, and aquaculture, have corn as one of their main constituents. So, corn is frequently used to meet the rising demand for feed rations.

Production has increased as a result globally. In addition, it is used in the production of ethanol, a biofuel that can replace petrol. It is anticipated that concerns about pollution and climate change will increase demand for biofuels. Corn is a key ingredient in many processed foods, including cornflakes, corn chips, and tortillas. Because of the convenience and affordable cost associated with it, processed foods are projected to rise in popularity in the forecasted period which will further drive the growth of this category.

Order your copy of the Corn Procurement Intelligence Report, 2023 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis 

Companies are continuously focusing on partnering or developing their own technology. For instance: 

  • In July 2023, Cargill and John Deere announced a collaboration to deliver new revenue streams for farmers who adopt sustainable farming techniques. Farmers will save time, have better data accuracy, and have an increasingly up-to-date, consistent, and complete understanding of their operation.
  • In October 2022, as part of the "One District, One Factory" project, Ghana's President, Nana Addo Dankwa Akufo-Addo, officially opened an ultramodern corn processing facility in Nsuta-Kwagye in the Sekyere-Central District of the Ashanti Region. The facility has state-of-the-art processing tools, including a grit milling machine, a corn drying plant, and many more.
  • March 2022, the Vorceed Enlist corn rootworm (CRW) trait technology from Corteva Agriscience has been introduced. It will give farmers more alternatives than any other seed corn product for managing CRW acres.

Several technologies are utilized in the corn category to enhance production, processing, and distribution. Precision farming uses data collected from GPS, yield monitors, and soil sensors to help farmers make more informed decisions about how to manage their crops. It helps during post-harvesting as well by improving storage and processing mechanisms, such as the use of airtight storage bags to protect corn from pests and moisture. Storage and transportation technologies, such as grain silos, grain elevators, and refrigerated trucks are used to store and transport corn properly so that it does not spoil. Biotechnology has also enabled the development of genetically modified corn varieties that are resistant to pests and diseases. They can also be engineered to have higher nutritional content or to produce more ethanol for fuel. 

Corn Sourcing Intelligence Highlights 

  • The number of both big and small businesses operating in various regions has led to significant global fragmentation of the corn category. Players engage in an intense rivalry with one another to expand their consumer base and provide superior customer service.
  • Land, seeds, and transportation costaccount for the largest cost component of the corn business
  • Most companies offer services such as logistics, credit where buyers can purchase without having to pay the full price upfront, and others.

List of Key Suppliers in the Corn Category

  • Bayer AG
  • Corteva Agriscience
  • Groupe Limagrain
  • Bunge
  • Syngenta Group
  • Satake
  • Glencore
  • COFCO Group
  • Groupe Limagrain
  • ADM

Corn Procurement Intelligence Report Scope

  • Corn Category Growth Rate: CAGR of 3.1% from 2023 to 2030 
  • Pricing Growth Outlook: 3% - 5% (Annually) 
  • Pricing Models: Volume-based pricing model and cost-plus pricing model 
  • Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence 
  • Supplier Selection Criteria: Sustainability, price, quality, reliability, flexibility, technical specifications, operational capabilities, regulatory standards and mandates, category innovations, and others 
  • Report Coverage: Revenue forecast, supplier ranking, supplier positioning matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model 

Brief about Pipeline by Grand View Research: 

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions. 

Our services include (not limited to): 

  • Market Intelligence involving – market size and forecast, growth factors, and driving trends
  • Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
  • Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
  • Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

The Impact of Tech Advancements on the Healthcare 3D Printing Industry

Healthcare 3D Printing Industry Data Book - Healthcare Additive Manufacturing, 3D Bioprinting and 3D Printed Drugs Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

The global Healthcare 3D Printing Industry was valued at USD 9.4 billion in 2022 and is anticipated to increase at a significant CAGR of 17.0% from 2023 to 2030.

Grand View Research’s healthcare 3D printing industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, 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.

Healthcare Additive Manufacturing Market Insights

The global healthcare additive manufacturing market size was valued at USD 7.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 18.1% from 2023 to 2030. The market is growing due to the increase in demand for customized medical items, such as implants, and the advent of new technologies to manufacture a variety of products with simple and complicated designs. Additive manufacturing is being hailed as the next industrial revolution in manufacturing, with the potential to produce sophisticated and customized medical parts & components such as tissues, organs, dental prostheses, and orthopedic and cranial implants. The high demand and unmet needs in the healthcare sector, which have been identified as a result of an increase in the number of surgeries and the rising frequency of chronic illnesses, are expected to boost the market growth through the forecast period.

There was a fall in the market growth in the first half of 2020 due to the COVID-19 pandemic, but the market picked up a healthy pace in the second half of the year and produced several pieces of equipment required to fight against coronavirus, hence contributing to the growth of the market. Additive manufacturing enables the production of more complicated designs that would be impossible or prohibitively expensive to produce with traditional machines, molds, milling, and dies.

It also significantly assists in quick prototyping, enabling a more dynamic and design-driven workflow. Furthermore, it swiftly provides prototypes using 3D CAD, as it eliminates the time-consuming procedure and high expenses associated with traditional prototyping. Additive manufacturing uses a wide variety of materials such as polymers, metal alloys, and biological cells. The most widely used materials are polymers and metal alloys as they are biocompatible, non-corrosive, and have good strength.

Order your copy of the Free Sample of “Healthcare 3D Printing Industry Data Book - Healthcare Additive Manufacturing, 3D Bioprinting and 3D Printed Drugs Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

3D Bioprinting Market Insights

The global 3D bioprinting market size was valued at USD 2.0 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.5% from 2023 to 2030. The growth is attributed to a limited number of organ donors, and an increasingly aging population with chronic respiratory diseases. Rising R&D investment, technological advancement, and increasing incidence of chronic diseases are other vitally impacting attributes, likely to boost the market growth. The 3D printing community has responded to the COVID-19 crisis, pledging to support the production of vital medical equipment for hospitals grappling with this pandemic.

As the recent pandemic caused due to coronavirus has taken hold over the globe, even developed countries are witnessing their healthcare systems fatigued and overburdened. Hence, as a reaction to the rising cases of coronavirus, various 3D Bioprinting communities are responding to the worldwide crises by offering their respective skills to ease the burden on supply chains and governments.

As the cases of COVID-19 are increasing day by day, there has been a shortage of materials for medical professionals as well as for the general public. One of the biggest issues is the lack of availability of test kits for COVID-19. Hence, various 3D bioprinting companies are manufacturing 3D printers and related software on a large scale.

Go through the table of content of Healthcare 3D Printing Industry Data Book to get a better understanding of the Coverage & Scope of the study

Healthcare 3D Printing Industry Data Book Competitive Landscape

The market is moderately consolidated and competitive, with the key companies holding the majority of the shares. The companies have a vast range of products in several categories, which are designed keeping in mind the diverse demands of the patients, with variations in each category and demand for customized products.

Key players operating in the Healthcare 3D Printing Industry are:

  • 3D Systems, Inc.
  • EnvisionTEC
  • Stratasys Ltd.
  • Allevi, Inc.
  • GE Healthcare

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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
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Grand View Research, Inc.
Phone: 1-415-349-0058
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Navigating the Future: Overcoming Camping and Caravanning Industry Challenges

Camping and Caravanning Industry Data Book - Caravan Parks & Campgrounds and Recreational & Vacation Camps Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

The global Camping and Caravanning Industry was valued at USD 53.12 billion in 2022 and is anticipated to increase at a significant CAGR of 10.4% from 2023 to 2030.

Grand View Research’s camping and caravanning sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

Caravan Parks & Campgrounds Market Insights

The global Caravan Parks & Campgrounds Market size was estimated at USD 23.63 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.8% from 2023 to 2030. Caravan parks and campgrounds provide an ideal setting for individuals and families to connect with nature, enjoy outdoor activities, and unwind from the demands of everyday life. This increasing interest in outdoor pursuits has significantly contributed to the growth of caravan parks and campgrounds. Moreover, the growing trend towards affordable travel options. Caravan parks and campgrounds offer a cost-effective alternative to traditional forms of accommodation such as hotels and resorts. With the rising cost of travel and accommodation, many travelers are opting for more budget-friendly options, making caravan parks and campgrounds an attractive choice.

The 30-54 age group, which is the most active group in terms of participating in organized camping and caravanning events holds a majority share of the caravan parks & campgrounds market. The increased emphasis on health and wellness, and the growing demand for affordable vacation options among this age group is driving the market growth. By prioritizing health and wellness, this age group seeks opportunities to engage in outdoor activities and connect with nature, which camping and caravanning readily provide. Moreover, the affordability of these vacation options makes them an attractive alternative for families looking to create enjoyable and cost-effective travel experiences.

Order your copy of the Free Sample of “Camping and Caravanning Industry Data Book - Caravan Parks & Campgrounds and Recreational & Vacation Camps Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Recreational & Vacation Camps Market Insights

The global Recreational & Vacation Camps Market size was estimated at USD 29.47 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 10.2% from 2023 to 2030. The trend of seeking unique and experiential vacations is on the rise among travelers. Recreational and vacation camps offer opportunities for individuals to engage in various activities, such as adventure sports, team-building exercises, and nature exploration. Moreover, with increasing environmental awareness, travelers are actively seeking sustainable vacation options. Recreational camps are adopting eco-friendly practices such as waste reduction, energy conservation, and nature preservation. This is expected to accelerate market growth over the forecast period.

The 30-54 age group's participation in recreational and vacation camps is driven by their focus on health and wellness, the need for stress relief and work-life balance, the desire for family-oriented vacations, the pursuit of skill development and personal growth, the importance of social interaction and community building, and the yearning for personal fulfillment and adventure-seeking experiences. These factors contribute to the significant engagement of this age group in recreational and vacation camps.

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

Camping and Caravanning Industry Data Book Competitive Landscape

The camping and caravanning market includes several well-known and established brands that have a strong foothold in the industry. These brands have built a reputation for quality age groups, innovative designs, and reliable services, giving them a competitive advantage. They often have extensive distribution networks and brand recognition, which helps them attract a loyal customer base.

Key players operating in the Camping and Caravanning Industry are:

  • Sun camp holidays
  • Hip Camp, Inc.
  • gov
  • Harvest Hosts
  • MakeMyTrip Pvt. Ltd

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
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Understanding the Value Chain of the Pet Care Industry: A Comprehensive Analysis

Pet Care Industry Data Book - Pet Product, Pet Food and Pet Supplements Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

The global Pet Care Industry was valued at USD 159.10 billion in 2022 and is anticipated to increase at a significant CAGR of 5.1% from 2023 to 2030.

Grand View Research’s pet care industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

Pet Food Market Insights

The global pet food market size was estimated at USD 72.27 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. The demand for products is anticipated to be driven by growing consumer inclination toward the adoption of pets along with rising concerns regarding their health. Improvement in overall digestion and performance of pet animals owing to consumption of nutritious food is also likely to boost market growth in the forecast period. The pet food products that are available in the global market rarely vary. This, in turn, has prompted manufacturers to include multi-functional and innovative ingredients in their products to curb such similarity bias. Convenience is likely to play a vital role in driving this industry, given the increased popularity of prepared pet food. The other segment is organic pet food, a recent and growing trend in the market.

 Increasing availability of organic products in a variety of flavors and the inclusion of essential ingredients such as probiotics and antioxidants are factors that are likely to induce a positive impact on global market growth. On the other hand, low product penetration owing to its slightly high price may restrain organic segment growth in the coming years as every household would not be able to purchase high-priced products.

The market value chain is characterized by the presence of raw material suppliers, manufacturers, distributors, and end-users. The raw materials which are used for production include meat, meat byproducts, cereals, grains, and specialty proteins derived from animals, palatants, flavors & sweeteners, vitamins, minerals, and enzymes among others.

Order your copy of the Free Sample of “Pet Care Industry Data Book - Pet Product, Pet Food and Pet Supplements Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Pet Supplements Market Insights

The global pet supplements market size was estimated at USD 2.57 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030. The rising demand for the market can be attributed to rise in pet humanization, leading to significant expenditure on pet food, supplements, and other related products to keep them active and healthy. Supplements enhance pets’ concentration, focus, and energy levels, strengthen their immune system, and improve heart health. Anti-stress, anti-anxiety, or calming supplements are also in high demand and are anticipated to gain further traction among pet owners.

Increased spending on pet care across the globally is one of the key factors propelling market growth. Pet owners are willing to spend a lot of money to ensure the health of their pets, which has led to an increase in the health expenditure of pets. A study by the Consumer Expenditure Survey of the Bureau of Labor Statistics estimates that from 1996 to 2012, spending on pets increased by 60%. For instance, according to the 2020 statistics report by the American Pet Products Association, a total of USD 103.6 billion was spent on pets in the U.S. in 2020, where the majority sales breakdown was as follows: pet food & treats USD 42.0 billion.

Pet supplements provide essential nutrients that help improve the immune system and reduce the risk of heart disease, cancer, inflammation, and diabetes. In addition, supplements such as fish oil, biotin, and amino acids improve skin health and enhance the ability to fight common problems, such as bacterial infection, itchy skin, and environmental allergies. They also improve cognitive development by providing antioxidants such as vitamin E, vitamin C, L-Carnitine, and Coenzyme Q-10.

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

Pet Care Industry Data Book Competitive Landscape

The manufacturers aim to achieve optimum business growth and a strong market position through the implementation of various strategies such as acquisitions, new product launches, collaborations, and strengthening of distribution networks in the global as well as regional markets.

Key players operating in the Pet Care Industry are:

  • Ancol Pet Products Limited
  • Blue Buffalo Co., Ltd.
  • Champion Petfoods LP
  • Hill`s Pet Nutrition, Inc.
  • Mars, Incorporated

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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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Top Distributors in the Positive Displacement Pump Industry: A Comprehensive Guide

Positive Displacement Pumps Industry Data Book - Rotary Pumps and Reciprocating Pumps Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

The global Positive Displacement Pumps Industry was estimated at approximately USD 18.35 billion in 2022 and is expanding at a significant CAGR by 2030.

Grand View Research’s positive displacement pump sector database 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, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.

Access the Global Positive Displacement Pumps Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Rotary Pump Market Growth & Trends

The global rotary pumps market size is anticipated to reach USD 14.9 billion by 2030, registering a CAGR of 4.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rising demand for fluid handling across diverse industries like oil & gas, chemicals, and wastewater treatment has emerged as the primary driving force behind the market growth. Rotary pumps are gaining prominence due to their versatility in managing a wide range of fluids with varying viscosities, making them a preferred choice. The market is significantly shaped by the expansion of end-use industries, such as oil & gas, food processing, and chemical processing industries.

In addition, for oil & gas and food processing industries, it is essential to control the process variables, such as discharge rate & pressure of the fluid. This kind of process control can be easily done with the help of rotary pumps, as they are known for their reliability, versatility, and ability to handle a wide range of fluids. In the oil & gas industry, the American Petroleum Institute (API) has set up standards for various equipment for their use in different industries, including pumps. API Standard 676 covers standards and guidelines for positive displacement rotary pumps. Furthermore, the Hydraulic Institute provides standards related to rotary pumps in the pump industry. It covers standards regarding pump design, testing, installation, and operation.

The market is highly competitive, with a majority of players continuously increasing their R&D expenditure. Key players also undertake other strategies including production expansion, mergers & acquisitions, and new product launches. A few established players benefited from a higher scale of production in terms of cost advantage. Manufacturers have been exploring opportunities to develop IoT-based digitalized pumps to control flow rates efficiently. They are designing new energy-efficient products to meet the growing demand for carbon-efficient products. Mature market players are using variable speed drives (VSDs) to further penetrate the market.

Order your copy of the Free Sample of “Positive Displacement Pumps Industry Data Book - Rotary Pumps and Reciprocating Pumps Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Reciprocating Pump Market Growth & Trends

The global reciprocating pumps market size is anticipated to reach USD 11.7 billion by 2030, exhibiting a CAGR of 5.0% from 2023 - 2030, according to a new report by Grand View Research, Inc. The expansion of industries such as manufacturing, chemicals, and wastewater treatment is fueling the growth of the reciprocating pumps industry. These pumps play an important role in generating high-pressure fluid. These highly pressurized fluids are then further utilized in hydraulic systems and manufacturing operations. Reciprocating pumps are categorized as positive displacement pumps capable of displacing a consistent volume of fluid at elevated pressures.

The reciprocating pumps rely on back-and-forth motion of a piston, plunger, or diaphragm to substantially elevate fluid pressure, facilitating the transfer of fluids from one location to another. In the oil and gas industry, the American Petroleum Institute (API) has set up the standards for various equipment being used, including pumps. API Standard 674 covers standards and guidelines for the positive displacement reciprocating pumps. Furthermore, the Hydraulic Institute, the global authority on pumps and pumping systems, has been providing guidelines & standards regarding the pumps. The ANSI/HI 6.1-6.5 standards cover various aspects of reciprocating power pumps, including their design, operation, and testing.

The market is characterized by intense competition, with most companies continuously increasing their investments in research and development. Moreover, key players follow strategies such as facility expansion, mergers, acquisitions, and introduction of new products in the market. The future market is being shaped by changing demands in end-use industries, such as a growing emphasis on energy efficiency and sustainability. Leading market participants are designing pumps that are more energy-efficient and have a lower carbon footprint. These innovative pumps are equipped with variable frequency drives (VFDs) to enhance pump speed and flow control capabilities.

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

Competitive Landscape

Key players operating in the Positive Displacement Pumps Industry are:

  • Ingersoll Rand
  • SPX Flow
  • Alfa Laval
  • Viking Pump, Inc.
  • Grundfos

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
Follow Us: LinkedIn | Twitter

Recycled Glass Procurement Revenue Forecast Intelligence Report, 2023 - 2030

Recycled Glass Category - Procurement Intelligence 

The Recycled Glass Category is anticipated to grow at a CAGR of 6.3% from 2023 to 2030. The demand for the category is mainly driven by its usage in food and beverages, construction, healthcare, automotive, and various other industries. Additionally, the rising demand for glass product manufacturing, such as bottles, beads, and countertops, is driving the growth of the category. Around 95% of the raw materials can be substituted with recycled glass while producing glass. Recycling glass allows manufacturers to decrease emissions as well as minimize the use of raw materials which in turn helps them in prolonging the lifespan of plant equipment like furnaces, and conserves energy. The rising focus on sustainability across various sectors to reduce environmental impact and carbon footprint is fueling the demand for recycled glass products. This is attributed to the environmentally friendly way of collecting, reusing, and repurposing the waste to create new products. 

Recycling companies are advancing their processes such as glass sorting processes. Utilizing advanced glass separation technologies such as X-ray fluorescence and LED camera systems, recycling facilities can achieve recycling rates exceeding 75%. Despite ongoing efforts, a significant portion of viable cullet is still being lost within the CSP reject stream, which consists of more than 80% glass. 

Food & beverage companies are partnering with recycling companies to enhance their usage of recycled glass. For instance, in May 2022 Coca Cola UNITED partnered with O-I Glass to use more recycled glass for creating new glass bottles. As glass is 100% and infinitely recyclable, food and beverage companies are focusing on increasing their use of recycled glass for packaging to create low-waste and support circular economy. In July 2023, O-I Glass partnered with FX Matt Beverage Company to provide innovative glass packaging solutions. This would help O-I Glass to supply recycled glass to the company for packaging. 

Order your copy of the Recycled Glass Procurement Intelligence Report, 2023 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis 

Europe region is the major market with 80% of the glass recycling rate in 2023 whereas North America has a 31% recycling rate. Countries such as Sweden, Belgium, and Slovenia are among the countries with efficient collection systems and achieve around 95% recycling rate. 

The category is fragmented, with the presence of numerous players in the processing of glass. Buyers of recycled glass such as packaging manufacturers and beverage companies, may have moderate bargaining power. However, the presence of various recycling companies may reduce the power of the suppliers. 

Labor, collection vehicles, recycling/collection bins and containers, sorting and processing equipment cost, storage facilities, and others are some of the cost components incurred in processing the category. Other costs include transportation, licensing and permits, purchasing of safety gear, and facility maintenance costs. The cost of processing glass can be between USD 70 to USD 90 per ton. Purchasing of recycling collection vehicle can cost around USD 50,000 to USD 100,000. The bins can cost between USD 20 to USD 150 per bin. The sorting and processing equipment cost varies based on the complexity and scale of recycling operations. For instance, a small to medium-sized recycling business may be required to invest around USD 50,000 to USD 150,000 in equipment.

List of Key Suppliers in the Recycled Glass Category

  • O-I
  • Dlubak Glass
  • Ardagh Group
  • Gallo Glass
  • Strategic Materials Inc.
  • Momentum Recycling
  • Ripple Glass
  • Reiling Group
  • Ace Glass Recycling
  • GRL

Recycled Glass Procurement Intelligence Report Scope

  • Recycled Glass Category Growth Rate: CAGR of 6.3% from 2023 to 2030 
  • Pricing Growth Outlook: 3%-5% (Annually) 
  • Pricing Models: Volume based Pricing; Competition based pricing 
  • Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence 
  • Supplier Selection Criteria: Quality of the recycled glass, recycling capacity, end-use, contract terms, delivery option, technology used, safety and environmental compliance, location and presence of supplier, and others 
  • Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model 

Brief about Pipeline by Grand View Research: 

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions. 

Our services include (not limited to): 

  • Market Intelligence involving – market size and forecast, growth factors, and driving trends
  • Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
  • Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
  • Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

 

 

Analyzing the Competitive Landscape in the Pumps Industry: Key Insights and Trends

Pumps Industry Data Book - Centrifugal Pump and Positive Displacement Pump Market Size, Share, Trends Analysis, and Segment Forecasts, 2024 - 2030

The global Pumps Industry was estimated at approximately USD 57.7 billion in 2023 and is expanding at a significant CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc.

Grand View Research’s pumps sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook report and summary presentations on individual areas of research.

Access the Global Pumps Industry Data Book, 2024 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Centrifugal Pump Market Growth & Trends

The global centrifugal pump market size is expected to reach USD 66.64 billion by 2030, expanding at 3.9% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The centrifugal demand has escalated owing to the increase in pump demand for pressure fluids. The pumps are primarily used for accelerating fluids, like water, chemicals, sludge treatment liquids, wastewater, oil, bleaches, and resins.

Increasing demand for water in domestic and industrial applications due to the growing world population is driving the market growth. Expanding population, rapid urbanization, technological developments, and growth in infrastructure have augmented the demand for fresh and processed water across the globe. This in turn is expected to fuel the market growth over the forecast period.

In addition, water scarcity is affecting regions across the globe owing to the lack of freshwater resources, there is an increased need for wastewater treatment to meet the rising demand for clean water. This is expected to drive the global water and wastewater treatment equipment market over the forecast period.

Expanding industrial sectors including food & beverage, chemicals, pulp & paper, pharmaceutical, power, metal & mining, textiles, semiconductors, and oil & gas result in increased consumption of clean water, which is expected to drive the demand for the centrifugal pump industry across the globe.

Order your copy of the Free Sample of “Pumps Industry Data Book - Centrifugal Pump and Positive Displacement Pump Market Size, Share, Trends Analysis, and Segment Forecasts, 2024 - 2030” Data Book, published by Grand View Research

Positive Displacement Pumps Market Share, by Country, 2023

Positive Displacement Pump Market Growth & Trends

The global positive displacement pumps market size is estimated to reach USD 26.53 billion by 2030, growing at a CAGR of 4.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Positive displacement pumps are crucial components in various industrial applications, and their efficiency is influenced by several driving factors. One key factor is the nature of positive displacement, ensuring a consistent flow regardless of system pressure. The ability to handle high-viscosity fluids and maintain a steady flow rate under varying conditions makes them ideal for processes requiring precision and reliability. In addition, these pumps are often preferred due to their self-priming capabilities, making them effective in situations where a suction lift is necessary.

The product versatility in accommodating different fluids, from thin liquids to highly viscous substances, further contributes to their widespread use in industries, such as oil & gas, chemical processing, and food production. Moreover, advancements in design and materials, as well as the integration of innovative technologies, continue to enhance the efficiency, durability, and overall performance of positive displacement pumps, making them indispensable for critical industrial processes. In industries, such as oil & gas, pharmaceuticals, and food processing, these pumps are favored for their ability to handle shear-sensitive fluids and provide a consistent output. For instance, positive displacement pumps, such as gear or reciprocating pumps, are commonly used to transfer crude oil from production sites to refineries through pipelines.

Positive displacement pumps can be designed for high efficiency, contributing to energy savings, and reduced operational costs. This is particularly important in industries where pumps operate continuously, such as water treatment plants, where energy-efficient pumps can lead to substantial long-term savings. Moreover, the need for reliable and efficient fluid-handling solutions is further boosting market growth. Furthermore, growing industrialization in emerging markets, along with increased investments in sectors like oil & gas, chemical processing, and water treatment, is driving product demand.

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

Competitive Landscape

Key players operating in the Pumps Industry are:

  • Grundfos
  • Xylem
  • Flowserve
  • ITT Corporation
  • CIRCOR International

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.

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Grand View Research, Inc.
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