Emerging Opportunities in the Flavors & Fragrances Sector: 2023-2030 Forecast

Flavors & Fragrances Industry | Forecast 2030

Flavors & Fragrances Industry Data Book – Natural Flavors & Fragrances and Aroma Chemicals Market

The economic value generated by the flavors & fragrances industry was estimated at approximately USD 23.35 billion in 2021, is anticipated to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030. This economic output is an amalgamation of natural flavors & fragrances such as essential oils & oleoresins as well as aroma chemicals including esters, alcohols, aldehydes, phenols, terpenes, among others.

Natural flavor & fragrance ingredients are expected to grow at a high CAGR on account of growing preference for organic ingredients in the food and personal care sector. Increasing disposable income in developing economies is projected to augment the demand for fragrances used in cosmetics, toiletries, perfumes, and soaps & detergents. Natural fragrances are perceived to be safe, healthier, and therapeutic. Manufacturers engaged in developing natural fragrances often charge a “green premium” on their products.

Natural Flavors And Fragrances Market Insights

The global natural flavors and fragrances market was valued at USD 9.15 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2030. The growth is driven by the growing demand for the product in convenience food and packaged food items. The industry growth was hampered amid the COVID-19 pandemic, as there were several restrictions on the import and export of chemicals coupled with quarantine and lockdown measures acting as some of the key barriers faced by several product manufacturers. The pandemic directly impacted people’s choices, lifestyles, preferences, health, and well-being.

Due to the shortage of labor owing to health concerns, many companies had to shut down their manufacturing units for a long period. Natural fragrances and flavors are derived from natural sources, such as plants and animals. These sources include vegetables, fruits, meat, spices, fish, roots, leaves, and more. It contains rich properties of fruits or vegetables that can be used for various purposes, such as adding flavor to food or instilling fragrance in beverages. Furthermore, natural flavors & fragrances are extensively consumed in the preparation of convenience foods. Food & beverage-producing companies tend to rely on these products owing to their organic nature and less harmful chemical content.

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Essential Oils Market Insights

The global essential oils market size was valued at USD 21.79 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. This is attributable to the increasing demand from major end-use industries such as food & beverage, personal care & cosmetics, and aromatherapy. Essential oils contain complex, volatile chemical compounds, which are known for their antifungal, antibacterial, anti-inflammatory, and antiviral properties. Unlike most conventional medicines and drugs, these oils have no significant side effects. Such factors are projected to be the major driving factor for market growth. Conventional medicines and drugs have pleasant-smelling aroma compounds to create appealing products, mainly for chemicals that emit odors. Essential oils are also steadily replacing most chemicals, drugs, and medicines owing to associated health benefits and decreased risk of side effects.

The rising demand for convenience and ready-to-eat meals, health and wellness foods, and technological advancements are expected to boost food flavors market growth. Rapid industrialization and increasing consumer disposable incomes in emerging economies such as China and India are also projected to foster the global food flavors market over the forecast period.

Aroma Chemicals Market Insights

The global aroma chemicals market size was valued at USD 5.35 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2030. The growth is attributed to increased consumption of flavors & fragrance products in the cosmetics & toiletries, soaps & detergents, and food & beverages industries. Aroma chemicals are witnessing an increase in demand owing to the growing application scope in key end-use industries such as dairy, cosmetics & toiletries, soaps & detergents, fine fragrances, convenience foods, bakery foods, and confectionery. Moreover, increasing demand for low calories drinks and growth in the beverages market, are the major factors driving the growth of the industry.

Flavors being a prominent factor in taste in edible products, aroma chemicals are utilized to augment the taste in beverages and processed food. Increasing demand for health and wellness foods, regulation, and the ban on the use of some synthetic flavors are triggering the growth of natural aroma chemicals. The suitability of natural flavors in wider applications, additional health benefits of certain natural flavors, and advanced technological innovation are the key factors driving the market growth.

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Table of Contents – Sectoral Outlook Report

Chapter 1. Methodology and Scope

            1.1. Market Segmentation & Scope

            1.2. Market Definition

            1.3. Information Procurement

               1.3.1. Purchased Database

               1.3.2. GVR’s Internal Database

               1.3.3. Secondary Sources & Third-Party Perspectives

Chapter 2. Executive Summary

            2.1. Industry Snapshot

            2.2. Key Trends – Highlights

Chapter 3. Industry Trend Analysis

            3.1. Regulatory Framework & Benchmark

            3.2. Value Chain Analysis

               3.2.1. Raw Material Outlook

                     3.2.1.1. Natural versus Synthetic Ingredients

               3.2.2. Technological Outlook

               3.2.3. Value Addition & Profit Margin Analysis

            3.3. Competitive Benchmarking

               3.3.1. Manufacturing Ranking & Heat-map Analysis

            3.4. Macroenvironmental Trend Analysis

               3.4.1. Industry Driving Forces & Impact Analysis

               3.4.2. Opportunities & Challenges

Company Profiles

  • Givaudan
  • Symrise AG
  • International Flavors & Fragrances Inc. (IFF)
  • Biolandes SAS
  • Young Living Essential Oils
  • dōTERRA International
  • Falcon Essential Oils
  • Flavex Naturextrakte GmbH
  • Universal Oleoresins
  • Synthite Industries Limited
  • Ungerer & Company
  • Akay Flavours & Aromatics Pvt. Ltd.
  • Indo World
  • BASF SE
  • Vigon International, Inc.
  • Firmenich SA
  • Elevance Renewable Sciences, Inc.
  • Ozone Naturals
  • Alpha Aromatics
  • Manohar Botanical Extracts Pvt. Ltd.
  • Takasago International Corporation
  • Mane SA
  • Sensient Technologies Corporation

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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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Emerging Opportunities in the Wi-Fi Chipset Sector: 2023-2030 Forecast

Wi-Fi Chipset Industry | Forecast 2030

Wi-Fi Chipset Industry Data Book – Wi-Fi 6, Wi-Fi 6E and Wi-Fi 7 Market

Grand View Research’s Wireless Fidelity (Wi-Fi) chipset industry data book is a collection of market sizing information & forecasts (2019-2030), key players competitive benchmarking analysis, government regulatory data, macro-environmental analysis, 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.

Wi-Fi 6 Market Insights

The global Wireless Fidelity 6 market generated over USD 9.90 billion revenue in 2021 and is projected to expand at a CAGR of around 4.6% during the forecast period to reach USD 24.10 billion by 2030. The growth of this market can be attributed to the increasing demand for high-performance network connectivity that can allow multiple users to access the network simultaneously at a consistent bandwidth capacity.

The Wireless Fidelity 6 market is expected to register a significant growth rate over the forecast period owing to the growing need for high bandwidth to mitigate network congestion due to heavy network load. Moreover, the growth is further influenced by the rapidly growing demand for modern devices such as smartphones, laptops, tablets, and routers with the supporting capability of new wireless frequency bands such as 2.4GHz, 5GHz, and 6GHz. Additionally, offering Basic Service Set (BSS) colouring features in WiFi 6 technology allows users to improve network reliability in a dense ecosystem by enabling frames from the neighbour’s network. These frames help to minimize interference from other networks and boost the network speed. As a result, these chips are expected to witness increased demand across residential, commercial, and industrial applications.

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The global Wi-Fi 6E chipset market size was valued at USD 5.78 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 22.4% from 2023 to 2030. The rising need for improved network low latency and bandwidth communications across companies is expected to drive the market over the projected period. The greatly increased data traffic has driven the need for enhanced network connectivity across numerous industries, including corporate and industrial. Thus, over the coming years, it is projected that the installation of Wi-Fi 6E devices will expand, as will the demand for their chipsets. Several companies across the globe are focusing on developing Wi-Fi 6E modules to power the upcoming laptops and PCs.

For instance, in November 2021, MediaTek Inc., a semiconductor company, and Advanced Micro Devices (AMD) Inc. announced a collaboration to produce Wi-Fi 6E modules to power the next AMD Ryzen-series laptop and desktop PCs beginning in 2022 and beyond. The businesses have released the AMD RZ600 Series Wi-Fi 6E modules, including the AMD RZ608 and AMD RZ616 modules, incorporating MediaTek’s Filogic 330P processor. The Filogic 330P chipset supports 2×2 Wi-Fi 6 (2.4/5GHz) and 6E (6GHz band up to 7.125GHz) communication standards, as well as Bluetooth 5.2 (BT/BLE). In 2020, Broadcom Inc. unveiled the BCM4389, the world debut of the Wi-Fi 6E customer.

Wi-Fi 7 Market Insights

Wireless Fidelity 7 is a successor of WiFi. This is based on IEEE 802.11be standard. This is an upgrade in terms of Extremely High-Throughput (EHT) which will boost its video streaming speed and quality. With increasing demands for remote working, gaming, and video streaming, the consumer requires higher speed, stability, and connectivity. This can be used for connectivity purposes in smartphones, smart television, internet connectivity, wearable smart devices such as smartwatches, portable speakers, portable earphones, headphones, printers, intelligent refrigerators, intelligent washing machines, air conditioners, television remote, remote-operated systems, data transfer, smart charging of devices, connected automobile technology, and in the aviation industry. Apart from this, it can also be used to provide internet to various devices at a time. Qualcomm, Broadcomm, Intel Corporation, and MediaTek are key players in this sector.

WiFi 7 chipset provides more flexibility as well as capabilities to organizations helping them in their digital transformation journey. In the forecasted period it is expected that Wi-Fi 7 and 5G will work together and will introduce the use of advanced technologies such as distributed & cloud architectures, digitalization, edge computing, virtualization in the private wireless networks.

Go through the table of content of Wi-Fi Chipset Industry Data Book to get a better understanding of the Coverage & Scope of the study

Segments forecast 2023 – 2030

Wi-Fi Chipset Industry, By Chipset Type

  • Wi-Fi 6
  • Wi-Fi 6E
  • Wi-Fi 7

Wi-Fi Chipset Industry, By Device Type

  • WLAN Infrastructure Devices
  • Consumer Devices
    • Smartphones/Tablets
    • Desktops/Laptops
    • AR/VR and Wearables
    • Smart Home Devices
    • Others
  • Wireless Cameras
  • Industrial IoT Devices
  • Connected Vehicles
  • Drones
  • Others

Wi-Fi Chipset Industry, By Application

  • Residentials/Consumers
  • Commercial
    • Enterprises/Corporates
    • Airports
    • Stadiums
    • Malls/Shops
    • Hospitals
    • Hotels & Restaurants
    • Educational Campuses
    • Others
  • Industrial
    • Smart Manufacturing
    • Energy & Utility
    • Oil & Gas and Mining
  • Smart City
  • Transportation & Logistics
  • Government & Defense
  • Others

Competitive Landscape

The Wireless Fidelity chipset market is emerging with the presence of a prominent company in the market. Key industry participants include Intel Corporation, Qualcomm Technologies, Inc., Broadcom Inc, Celeno, Mediatek Inc., Nxp Semiconductors N.V. Cypress Semiconductor Corporation, On Semiconductor Connectivity Solutions, Inc., STmicroelectronics N.V. And Texas Instruments Incorporated.

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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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Driving Growth: Catalyst Market Analysis 2023-2030

Catalyst Industry | Forecast 2030

Catalyst Industry Data Book – Heterogeneous Catalyst and Homogeneous Catalyst Market

The economic value generated by the catalyst industry was estimated at approximately USD 29.72 billion in 2022. This economic output is an amalgamation of basic catalyst categories namely, heterogenous and homogenous.

Access the Global Catalyst Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies.

The global catalyst market has witnessed remarkable growth in the recent past. This growth can be attributed to the rising demand for catalysts from manufacturers across the world. These manufacturers seek catalysts to optimize their processes, improve yields, save costs, and conserve energy. The demand stems from various applications such as chemical synthesis, petroleum refining, polymers & petrochemicals, and environmental purposes.

A catalyst is a substance that accelerates chemical reactions by providing an alternative pathway with lower energy requirements. By doing so, it enables reactions to occur at faster rates and under milder conditions. Catalysts can exist in different forms, either as heterogeneous substances (solid/gas or solid/liquid) or as homogeneous substances (in the same phase as the reactants). Regardless of their form, catalysts are designed to interact with reactant molecules, ultimately leading to the desired products.

Heterogeneous Catalyst Market Insights

The global heterogeneous catalyst market size was valued at USD 21.3 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. The heterogeneous catalysts are widely used in industrial processes such as oil refining, chemical synthesis, and energy production. The growth of these industries, along with the need for more efficient and sustainable processes, increases the demand for market.

Heterogeneous catalysts are solid materials that promote chemical reactions by offering an active surface for reactant molecules to adsorb, undergo reactions, and subsequently desorb as products. These substances find widespread application across various industrial domains, encompassing petroleum refining, petrochemicals, pharmaceuticals, food processing, polymers, and environmental preservation.

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Homogeneous Catalyst Market

The global homogeneous catalyst market size was valued at USD 8.42 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2030. This is attributed to the advancing use of the product in variety of chemical reactions across different end use industries for yield improvement, optimization, cost reduction, and energy conservation. Their ability to provide better performance in industrial and organic reactions as compared to their heterogeneous alternatives is another factor anticipated to drive the demand for the product over the forecast period. However, these catalytic reactions create huge amounts of toxic waste, causing environmental hazards. This has led to increase in production of biodegradable homogeneous catalysts such as methane sulfonic acid (MSA) to cater to the demand.

Homogeneous catalysts are compounds that are used to accelerate chemical reactions by reducing the activation energy required to initiate a reaction. They are majorly used for the esterification of carboxylic acids, which is likely to create a stable demand for the product. In addition, the growing popularity of organometallic compounds for the production of polyethylene and polypropylene is further expected to fuel their demand in the near future. Enzymes and biocatalysts, which are some popular types of homogeneous catalysts, are being increasingly deployed in the food & beverage and pharmaceutical industries on account of their longer shelf life and eco-friendly nature. Thus, all these factors are anticipated to contribute to the product demand over the forecast period.

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

Table of Contents – Sectoral Outlook Report

Chapter 1. Methodology and Scope

            1.1. Market Segmentation & Scope

            1.2. Market Definition

            1.3. Information Procurement

               1.3.1. Purchased Database

               1.3.2. GVR’s Internal Database

               1.3.3. Secondary Sources & Third-Party Perspectives

Chapter 2. Executive Summary

            2.1. Industry Snapshot

            2.2. Key Trends – Highlights

Chapter 3. Industry Trend Analysis

            3.1. Regulatory Framework & Benchmark

            3.2. Value Chain Analysis

               3.2.1. Manufacturing/Technological Outlook

            3.3. Competitive Benchmarking

               3.3.1. Heat-map Analysis

               3.3.2. Distribution Channel Analysis

            3.4. Macro Environmental Trend Analysis

               3.4.1. Industry Driving Forces & Impact Analysis

               3.4.2. Opportunities & Challenges

Company Profiles

  • Albemarle Corporation
  • Haldor Topsoe A/S
  • BASF SE
  • Evonik Industries AG
  • LyondellBasell Industries Holdings B.V.
  • Arkema
  • The Dow Chemical Company
  • Haldor Topsoe A/S
  • W. R. Grace & Co.-Conn.
  • Johnson Matthey
  • Axens
  • Honeywell UOP
  • Zeolyst International
  • Clariant
  • Umicore
  • Exxon Mobil Corporation

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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.

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Breaking New Ground: Filtration Membrane Industry Outlook 2023-2030

Filtration Membrane Industry | Forecast 2030

Filtration Membrane Industry Data Book – Spiral Membranes, Pleated Membranes and Hollow Fiber Membranes Market

The economic value generated by the filtration membrane industry was estimated at approximately USD 20.84 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of filtration membranes distribution & supply, and application of filtration membranes.

Rising awareness about the importance of clean water, coupled with environmental restrictions on untreated wastewater discharge, is expected to fuel the demand for filtration membrane globally. Moreover, the growing use of filtration membranes in the pharmaceutical, medical, and food and beverage processing industries for efficient separation is further expected to fuel market growth.

Access the Global Filtration Membrane Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies.

Spiral Membranes Market Insights

The global spiral membranes market size was valued at USD 5.8 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% from 2020 to 2027. Rising product demand across various end-use industries including food & beverage, water & wastewater treatment, industrial processing, and others is likely to augment the market growth. Rapid urbanization across the globe has led to the development of slums where there is a lack or absence of basic water and sanitation services. However, the local governments and international institutions, such as the World Bank and the United Nations, are making considerable investments to improve the access to basic sanitation and water, which will support market growth.

The market in the U.S. is expected to exhibit high growth due to growing product demand from end-use industries and environmental regulations laid down by the Environmental Protection Agency (EPA). Moreover, economic revival and government initiatives to promote environmental protection are expected to drive the market in the U.S.

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Pleated Membranes Market Insights

Pleated membranes are considered the most effective filtration membrane for use in a wide range of applications, including vaccine purification, the production of drinking water, and the sterilization of natural gas to remove unwanted particles from the solution. These membranes are durable and can withstand harsh conditions, including high-temperature fluctuations, which reduces the requirement for maintenance and replacements. These factors are expected to increase the demand for pleated membranes in the coming years.

China and the U.S. have dominated the pleated membrane market and accounted for a combined revenue share of more than 34% in 2022. Factors such as high industrial growth, infrastructure investments, and environmental regulations, growing spending on research and development (R&D) to enhance the performance and application of pleated membranes are considered the major growth drivers in these countries.

Hollow Fiber Membranes Market Insights

The market for hollow fiber membrane was valued at USD 876.1 million in 2022, and it is expected to grow at the highest CAGR of 15.1% over the forecast period. The growth is attributed to its various characteristics, such as its high durability, high surface area, filtration rate, and higher sterilization, which ensures high purity levels and makes it the most common choice for pharmaceutical and medical applications.

China dominated the hollow fiber membranes market with a revenue share of 19.1% in 2022, followed by the U.S., India, and Japan. The growth can be attributed to the rising need for water treatment due to growing water scarcity as a result of growing population and industrialization. Hollow fiber membranes are an effective choice for water treatment and desalination, which makes them a critical solution for water filtration applications.

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

Table of Contents – Sectoral Outlook Report

Chapter 1. Methodology and Scope

            1.1. Research Methodology

            1.2. Research Scope & Assumptions

            1.3. Information Procurement

               1.3.1. Purchased Database

               1.3.2. GVR’s Internal Database

               1.3.3. Secondary Sources & Third-Party Perspectives

               1.3.4. Primary Research

            1.4. Information Analysis

               1.4.1. Data Analysis Models

            1.5. Market Formulation & Data Visualization

            1.6. Data Validation & Publishing

Chapter 2. Executive Summary

            2.1. Industry Snapshot

            2.2. Segmental Outlook

            2.3. Competitive Outlook

Chapter 3. Industry Trend Analysis

            3.1. Market Lineage Outlook/Ancillary Market Outlook

            3.2. Value Chain Analysis

            3.3. Technology Framework

            3.4. Regulatory Framework

            3.5. Market Dynamics

               3.5.1. Market Driver Analysis

               3.5.2. Market Restraint Analysis

               3.5.3. Market Opportunity Analysis

               3.5.4. Market Challenges

            3.6. PESTEL Analysis

            3.7. Industry Analysis – Porter’s

            3.8. Market Disruption Analysis

Company Profiles

  • Synder Filtration, Inc.
  • Cole-Parmer Instrument Company, LLC
  • Berghof Membrane Technology GmbH (BMT)
  • ALFA LAVAL
  • DuPont
  • Pall Corporation
  • 3M
  • Donaldson Company, Inc.
  • TORAY INDUSTRIES, INC.
  • SPXFLOW
  • Kovalus Separation Solutions
  • MMS Membrane Systems
  • MANN+HUMMEL
  • Arvind KaiGo

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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.

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Riding the Wave: Growth Projections for the Bicycle Market 2030

Bicycle Industry | Forecast 2030

Bicycle Industry Data Book – Bicycle, Bicycle Accessories and Cargo Bikes Market

The global bicycle industry size was valued at USD 76.01 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.5% from 2023 to 2030. The increase in the number of people opting for bicycling as a form of leisure is anticipated to propel market growth. Preference for bicycles as a convenient form of exercise to ensure a healthy life, free from obesity and other disorders, is expected to further boost the market expansion.

Bicycle Industry Data Book Coverage Snapshot

Markets Covered

  • Bicycle Industry USD 76.01 billion in 2022 9.5% CAGR (2023-2030)
  • Bicycle Market Size USD 64.63 billion in 2022 9.7% CAGR (2023-2030)
  • Bicycle Accessories Market Size USD 11.43 billion in 2022  7.8% CAGR (2023-2030
  • Cargo Bikes Market Size USD 2.43 billion in 2022 16.1% CAGR (2023-2030))

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Bicycle Market Growth & Trends

The global bicycle market size is anticipated to reach USD 135.02 billion by 2030, registering a CAGR of 9.7% over the forecast period, according to a new report by Grand View Research, Inc. Increasing adoption of cycling as a form of leisure and awareness regarding the health benefits associated with cycling are the factors expected to bolster the market growth. Bicycles are being preferred for short-distance commutes as they save considerable time as compared to other vehicles. Moreover, limited parking spaces and growing traffic congestions are prompting people to reconsider bicycles as a primary option for the commute.

Rising emphasis on the use of non-polluting vehicles for short-distance commutes by governments across the world is anticipated to positively influence market growth. The fact that bicycles do not emit any pollutants is projected to drive their demand in the near future. Moreover, consumers are rapidly moving toward online distribution channels to buy a bicycle due to several key factors, including doorstep delivery and replacement and the availability of a variety of products. Additionally, due to the outbreak of the COVID-19 pandemic, consumers are mainly focused on avoiding crowded places to prevent themselves from virus infections.

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Bicycle Accessories Market Growth & Trends

The global bicycle accessories market size is anticipated to reach USD 20.49 billion by 2030, registering a CAGR of 7.8% over the forecast period, according to a new report by Grand View Research, Inc. The market is predicted to grow due to the rising popularity of cycling for leisure activities and increasing awareness about the health benefits that come with it. As a mode of transportation, bicycles are becoming a preferred option for short-distance commutes, as they are time-efficient and can help avoid traffic congestion and limited parking spaces. As a result, more people are considering bicycles as their primary transportation option. Apart from this, rising traffic on roads has made bicycle users more concerned about safety, which also helped the market grow, as the sales of protective gear, such as helmets, riding jackets, and cycling gloves, are increasing.

In addition, the accessories add up to the riding comfort. With growing concerns about the environment, health, and urban congestion, more people are turning to bicycles as a means of transportation. This increased interest in bicycling has led to a greater demand for high-quality bicycle accessories. In addition, with an increase in the number of bicyclists on the road, there is a growing concern for their safety. As a result, there is a greater demand for accessories that can increase visibility, such as lights and reflectors, as well as protective gear like helmets. Also, consumers are primarily focused on avoiding crowded places and public transportation due to the COVID-19 pandemic. Apparel is expected to emerge as the fastest-growing segment over the forecast period. Cycling apparel is designed to be comfortable and flexible, allowing cyclists to move freely and comfortably while riding.

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

Cargo Bikes Market Growth and Trends

The global cargo bicycles market size was valued at USD 2.43 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 16.1% from 2023 to 2030. Increased demand for fleets for freight delivery, coupled with the need for environmentally safe transport alternatives, has propelled the demand for cargo bikes in urban areas. Logistics and transportation are integral to implementing seamless freight deliveries and simplifying deliveries in urban infrastructure across the world. An increase in freight deliveries and the movement of goods has impacted the environment by aggravating pollution, noise, traffic congestion, and vibration. These circumstances have interrupted the inhabitants of cities globally. To mitigate the concerns mentioned above and ensure sustainable transport practices, high demand for cargo bikes has been witnessed worldwide.

These bikes are an eco-friendly alternative to traditional means of transportation used for last-mile deliveries and general logistic services. They can significantly replace freight delivery trips and impact the urban distribution system by offering low-cost, environment-friendly solutions to cater to the delivery demands of small-surface stores and the HORECA (hotel, restaurants, and catering) sector.

Competitive Insights

The market is highly competitive and is expected to witness increased competition due to the presence of several players. Major players are spending heavily on research and development activities to integrate advanced technologies in bicycle parts and components. Some of the key players include Accell Group, Atlas Cycles (Haryana) Ltd., Trek Bicycle Corporation, Garmin Ltd., and Yuba Bicycles LLC.

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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Revolutionizing the Recycled Plastics Market: Industry Insights for 2030

Recycled Plastics Industry | Forecast 2030

Recycled Plastics Industry Data Book – Recycled Polyethylene, Recycled Polyethylene Terephthalate (rPET), Recycled Polypropylene, Recycled Polyvinyl Chloride (PVC) and Recycled Polystyrene Market

The economic value generated by the recycled plastics industry was estimated at approximately USD 47.61 Billion in 2022. This economic output is an amalgamation of businesses involved in the raw material suppliers, manufacturers of recycled plastic-based packaging products, distribution & supply, and application of recycled plastics.

Recycled Plastics Industry Data Book Coverage Snapshot

Markets Covered

  • Recycled Plastics Industry USD 47.61 billion in 2022
  • Recycled Polyethylene Market Size USD 12.37 billion in 2022 5.2% CAGR (2023-2030)
  • Recycled Polyethylene Terephthalate Market Size USD 5.20 billion in 2022 5.1% CAGR (2023-2030)
  • Recycled Polypropylene Market Size USD 11.11 billion in 2022 5.6% CAGR (2023-2030)
  • Recycled Polyvinyl Chloride Market Size USD 6.25 billion in 2022 4.7% CAGR (2023-2030)
  • Recycled Polystyrene Market Size USD 4.48 billion in 2022 4.2% CAGR (2023-2030)
  • Other Recycled Plastics Market Size USD 8.20 billion in 2022 4.0% CAGR (2023-2030)

Access the Global Recycled Plastics 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

Recycled Polyethylene Market Growth and Trends

Polyethylene includes high-density polyethylene (HDPE) and low-density polyethylene (LDPE). Polyethylene dominated the recycled plastics market in 2022 and is estimated to maintain its dominance over the forecast period. This can be attributed to the rising consumption of polyethylene for producing reusable bags, agriculture films, toys, milk bottles, housewares, containers, shampoo bottles, trays, food packaging films, and toys. Furthermore, properties such as excellent solvent resistance, high tensile strength, flexibility, toughness, and relative transparency drive the demand for polyethylene in the recycled plastics market. Recycled HDPE is mainly used to manufacture milk cartons, cutting boards, garbage bins, pens, plastics, fencing, tables, lumber, and bottles.

Recycled Polypropylene Market Growth and Trends

Polypropylene offers excellent chemical and mechanical properties, which make it suitable for use in various industries such as automotive, packaging & labeling, and medical devices. Recycled polypropylene is also used to manufacture battery cases, signal lights, battery cables, brooms and brushes, ice scrapers, kitchen utensils, plastic lumber, outdoor rugs, and oil funnels.

Polypropylene is one of the most formulated plastics across the globe. Properties of polypropylene, such as low moisture & vapor transmission, excellent optical clarity in biaxially oriented films & stretch blow molded containers, and chemical and electrical resistance, are further propelling its demand in the recycled plastics market. Moreover, it manufactures garden rakes, storage bins, shipping pallets, and trays.

Order your copy of the Free Sample of “Recycled Plastics Industry Data Book – Recycled Polyethylene, Recycled Polyethylene Terephthalate (rPET), Recycled Polypropylene, Recycled Polyvinyl Chloride (PVC) and Recycled Polystyrene Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030, published by Grand View Research

Recycled Polyethylene Terephthalate Market Growth & Trends

The global recycled polyethylene terephthalate market size is anticipated to reach USD 18.7 billion by 2030, registering a CAGR of 8.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the rising sustainability measures undertaken by food & beverage and packaging companies. The growing efforts for a circular economy by end-users and increasing adoption of recycled plastics in the packaging, textiles, and other end-use industries are anticipated to drive the demand for recycled polyethylene terephthalate (PET) during the forecast period. Furthermore, recycled polyethylene terephthalate (rPET) is used for developing both, colored and clear (white/non-colored) products.

However, clear rPET products are the most sought after by both, recyclers and end-use industries owing to their lower costs than colored rPET products. Colored rPET is preferred by packaging product and bottle manufacturers as it gives them brand identity and ensures the development of products with improved aesthetics. However, clear rPET products are the most sought after by both, recyclers and end-use industries owing to their lower costs than colored rPET products. Furthermore, the ban on landfills has been introduced in several developed nations in North America and Europe, such as Austria, Germany, the Netherlands, France, Denmark, Belgium, and several states in the U.S. and Canadian provinces.

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

Recycled Polyvinyl Chloride (PVC) Market Growth and Trends

Sorting and separation are significant challenges in the polyvinyl chloride recycling process. Different formulations composed of various additives are used to produce PVC plastic products, and separating different types of plastics, fillers, and stabilized flame retardants takes work. Furthermore, contamination of other waste streams, such as polyethylene terephthalate, polystyrene, and polyethylene with polyvinyl chloride, carries a significant risk of releasing hydrochloric acid (HCI) at elevated temperatures. These issues associated with PVC recycling affect its demand in the recycled plastics market.

Polyvinyl chloride is found in rigid bottles, clamshells, flexible medical & bedding bags, shrink wrap, wire/cable insulation-coated fabrics, and flooring. Recycled polyvinyl chloride is used to manufacture windows, pipes, floor tiles & mats, gutters, electrical boxes, traffic cones, garden hoses, fencing, films & sheets, cassette trays, electrical boxes, mobile home skirting, and binders, among others.

Competitive Insights

The global recycled plastics market is fragmented in nature with the presence of various players, such as Biffa, Placon, Clear Path Recycling LLC, Verdeco Recycling, Inc., Indorama Ventures Public Ltd., Zhejiang Anshun Pettechs Fibre Co., Ltd., PolyQuest, Evergreen Plastics, Inc., Phoenix Technologies, and Libolon, as well as various medium and small regional and country-level players, operating in different parts of the world. The global players face intense competition from each other and regional players with strong distribution networks and good knowledge about suppliers and regulations.

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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Navigating Growth Trajectories: Metal Cans Industry Forecast 2023-2030

Metal Cans Industry | Forecast 2030

Metal Cans Industry Data Book – Aluminum Cans, Beverage Cans, Food Cans, 2- Piece Cans Market

Grand View Research’s Metal Cans 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 along with a statistics e-book.

Access the Global Metal Cans 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

Metal Cans Industry Data Book Coverage Snapshot

Markets Covered

  • Metal Cans Industry USD 61.7 billion in 2021
  • Aluminum Cans Market Size USD 45.6 billion in 2021 6.4% CAGR (2022-2030)
  • Beverage Cans Market Size USD 37.4 million in 2021 5.3% CAGR (2022-2030)
  • Food Cans Market Size USD 16.09 billion in 2021 3.3% CAGR (2022-2030)
  • 2- Piece Cans Market Size USD 16.09 billion in 2021 3.3% CAGR (2022-2030)

Aluminum Cans Market Growth & Trends

The increasing awareness about the sustainability benefits associated with aluminum packaging coupled with easy recycling at infinite times without losing quality and less energy consumption is the major factor driving the market growth. According to the Metal Packaging Europe and European Aluminum, the recycling rate of aluminum beverage cans in the European Union including the United Kingdom, Switzerland, Norway, and Iceland was 73% in 2020.

Furthermore, as per the proposed new draft for a Packaging & Packaging Waste Regulation of the EU, aluminum cans meet the highest recyclability performance grade of 95%. Additionally, it allows varied customization including closure type, size, quality, and logo printing as per the requirement of end users also one of the major factors supporting the growth. These are some of the major factors supporting the growth and demand for aluminum cans in the global market. Therefore, the aluminum cans are expected to grow at a faster pace over the forecast period in contrast with steel cans.

Order your copy of the Free Sample of “Metal Cans Industry Data Book – Aluminum Cans, Beverage Cans, Food Cans, 2- Piece Cans Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030, published by Grand View Research

Beverage Cans Market Growth & Trends

The global beverage cans market size is expected to surpass USD 59.6 billion by 2030, according to a new report by Grand View Research, Inc., The market is expected to expand at a CAGR of 5.3% from 2023 to 2030. The demand for highly portable and superior beverage packaging for protection from the external environment is primarily contributing to market growth. The rising demand for aluminum cans on account of superior properties such as lightweight and growing aluminum recycling is further driving the market.

The continuous technological advancements in the market which include machinery automation, printing technology, and raw material advancements are further contributing to the market growth. For instance, Ball Corporation introduced the Dynamark variable printing technology that allows for customized printing of beverage cans with a single pallet. The technology offers numerous options for high-quality printing, keeping the time required to change the designs to a minimum.

Food Cans Market Growth & Trends

The demand for processed and ready to eat foods including canned foods have been high in demand owing to their longer shelf life and convenience in usage. Convenience food includes a variety of products like frozen vegetables, soups, meat, and fruits.  The cans holds properties such as strength, recyclability, rustproof, protection against oxygen and light weight properties that protects the contents very efficiently by maintaining nutritional value, flavor, and aroma of the food product. Therefore, the canned food doesn’t require specific temperatures for storage yet offers longer shelf life.

Various technologies in can filling and can manufacturing such as vacuum filling, gas filling and multi-fill capabilities have been further contributing to the demand of food cans in the market. Furthermore, the demand for canned food products increased tremendously following the outbreak of COVID-19 in 2020 as people across the globe were stockpiling canned food due to its good sustainability. Due to the uncertainty of food supplies, people preferred canned beans, vegetables, fruits, and meat products as these can be preserved for a long time as compared to fresh food products.

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

2- Piece Cans Market Growth & Trends

2-piece cans include and 2- Piece Draw Redraw (DRD), 2- Piece Drawn and Ironed (DWI) types. The laminated flat tinplate undergoes stamping of the circular disc, thus forming a shallow cup by drawing through a circular die, and then the cup is re-drawn on a second or third die to produce a can body of desired shape and size. The cans are manufactured using the aforementioned process termed DRD cans. Furthermore, DWI cans are made from a metal coil sheet, which is drawn into a cup shape and then wall-ironed into a can shape with several stages of wall ironing.

The 2- piece drawn and ironed (DWI) cans are leading the market with a maximum revenue share as of 2022 and the segment is also projected to continue with its dominance throughout the forecast period. Additionally, the growth of the segment is also anticipated to be the fastest with a CAGR of 6.4% from 2022 to 2030. Companies including Kian Joo Can Factory Berhad provide 2-Piece DWI Steel Cans for the protective packaging of processed food, evaporated milk, and sweetened condensed milk. Thus, the use of these cans in a variety of applications is supporting the dominance and growth.

Competitive Insights

The metal cans market is highly fragmented with the presence of various small-sized and medium-sized players. Metal Cans manufacturers are also making strategic efforts to expand their production capacities and geographical footprints along with the increase in the profit share in the global market. Metals cans market players are also focusing on sustainable packaging solutions and their reuse or recycling owing to the increasing rules and regulations by the respective government for suppressing the use of plastic packaging.

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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Exploring Growth Opportunities: Cell Culture Industry Forecast for 2023-2030

Cell Culture Industry | Forecast 2030

Cell Culture Industry Data Book – Cell Culture, Cell Culture Media, 3D Cell Culture, Primary Cell Culture Market

Grand View Research’s Cell Culture Industry databook is a collection of market sizing & forecasts insights, market dynamics & trends, opportunity assessment, regulatory & technology framework, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses studies. Within the purview of the databook, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research.The following data points will be included in the final product offering in four reports and one sector report overview.

Access the Global Cell Culture 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

Cell Culture Industry Data Book Coverage Snapshot

Markets Covered

  • Cell Culture Market Size USD 21.05 billion in 2021 11.86% CAGR (2022-2030)
  • 3D Cell Culture Market Size USD 1.74 billion in 2021 10.74% CAGR (2022-2030)
  • Cell Culture Media Market Size USD 3.62 billion in 2021 12.13% CAGR (2022-2030)
  • Primary Cell Culture Market Size USD 3.79 billion in 2021 10.66% CAGR (2022-2030)

Cell Culture Market Growth & Trends

The global cell culture market size is expected to reach USD 39.09 billion by 2030 and is expected to grow at a CAGR of 11.32% from 2023 to 2030, according to a new report by Grand View Research, Inc. The novel three-dimensional cell culture techniques and the growing need for them in biopharmaceutical development, vaccine production, and the rising global demand for advanced therapy medicinal products are expected to drive the market during the forecast period. The COVID-19 pandemic has increased vaccine development activities, especially in the novel mRNA and DNA vaccines space. Vaccine production at a large scale generates a high demand for vectors produced using cell culture techniques. For instance, in February 2023, SK Bioscience announced that its first cell culture-based quadrivalent influenza vaccine, SKYCellflu, was officially licensed in South America by Instituto de Salud Publica de Chile (Institute of Public Health, ISP).

Furthermore, vaccine development requires several expression analyses, quality control, and safety testing procedures, which use cell-based assays. As a result, the usage of cell culture products for such applications has witnessed high demand in recent years. In addition, with an increase in the incidence of infectious diseases, a rise in focus on prevention of disease outbreaks, and high R&D investments in vaccine technologies, vaccine production is projected to gain traction and boost market growth.Moreover, cell culture technology has witnessed significant advancements over the past few years and the technology is witnessing a rapid expansion in its scope of applications. In the field of biopharmaceuticals, researchers can now produce complex protein-based drugs in large quantities due to the ability to culture mammalian cells.

Order your copy of the Free Sample of “Cell Culture Industry Data Book – Cell Culture, Cell Culture Media, 3D Cell Culture, Primary Cell Culture Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030, published by Grand View Research

Cell Culture Media Market Growth & Trends

The global cell culture media market size is expected to reach USD 10.70 billion by 2030, registering a CAGR of 12.54% from 2024 to 2030, according to a new report by Grand View Research, Inc. Expansion of biosimilars and biologics, growth in stem cell research, and emerging bio manufacturing technologies for cell-based vaccines are the major factors which are likely to drive the market. For instance, in October 2021, the Australian Government funded the Australian-led stem cell research through USD 25 million in grants.

The expansion of clear, regulatory approval paths for biosimilars in emerging markets is generating great opportunities for biosimilar monoclonal antibodies.  The availability of an approval pathway in the U.S., has led to new opportunities for bio manufacturers to enter major markets around the globe. Biosimilar versions of monoclonal antibodies have the probability to offer cost reductions of 25-30%, and many emerging market countries are vigorously developing pathways for approvals and are swiftly catching up. As this industry is expanding the key biopharmaceutical players are adopting robust culturing technologies to meet the increasing demand; thereby driving the growth of the market.

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

3D Cell Culture Market Growth & Trends

The global 3D cell culture market size is expected to reach USD 3.31 billion by 2030, expanding at 11.04% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is driven by technological advancements in in-vitro testing models, a rising focus on personalized medicine, and supportive government legislation for R&D. Moreover, the increasing prevalence of chronic disorders, and the growing significance of cell therapies in their treatment have created momentum for industry expansion.

Tissue engineering has made significant developments in creating 3D culture models that mimic the in-vivo culture media more precisely than the conventional 2D cell cultures. This resulted in increased utilization of 3D cell culture systems for toxicity testing, drug discovery, and regenerative medicine development. Also, recent product launches from industry players have supported market growth to a significant extent. For instance, in August 2021, Amerigo Scientific launched its 3D cell culture products for research purposes with wide applications in medicine, drug discovery, and tissue engineering.

Primary Cell Culture Market Growth & Trends

The global primary cell culture market size is expected to reach USD 11.60 billion by 2030, expanding at a CAGR of 13.19% during the forecast period, according to a new report by Grand View Research, Inc. The increasing demand for personalized and precision therapies has fueled the need for more accurate and relevant in vitro models. Primary cell culture provides a closer representation of human biology and physiology compared to traditional cell lines, making it an indispensable tool for studying disease mechanisms, drug discovery, and therapeutic development. Researchers and pharmaceutical companies are increasingly recognizing the importance of primary cell culture for improving the success rates of drug candidates, reducing costly late-stage failures, and ultimately delivering more effective and targeted treatments to patients.

Moreover, the field of regenerative medicine aims to replace or repair damaged tissues and organs, and primary cell culture plays a vital role in developing and engineering functional tissues. Primary cells are used to create tissue constructs, organoids, and bioengineered implants that closely mimic the structure and function of native tissues. These advancements have significant implications for regenerative medicine therapies, including tissue transplantation, wound healing, and the treatment of degenerative diseases. For instance, in April 2023, Mount Sinai launched a new institute for regenerative medicine to foster novel discoveries and explore new therapies for life-threatening diseases. The growing interest in regenerative medicine and the potential to revolutionize healthcare have led to increased investment and research in primary cell culture, propelling the market’s growth.

Competitive Landscape

Competitive rivalry in the cell culture industry is high due to the presence of a large number of both well-established players and small- to mid-sized companies as well as CROs in the market space. Some of the major players are Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Sartorius AG, Eppendorf AG, Merck KGaA, Becton, Dickinson and Company, PromoCell GmbH, and Lonza Group AG among many others. These market players are involved in the manufacturing of various products associated with this industry including cell media, reagents, consumables, and equipment along with certain services.

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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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Insights into the Cosmetic Dental Products Sector

Cosmetic Dental Products Industry Data Book | Forecast 2030

Cosmetic Dental Products Industry Data Book – Teeth Whitening, Dental Implants, Dental Crown & Bridges and Dental Veneers Market

Grand View Research, Cosmetic Dental Products industry databook 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.

Access the Global Cosmetic Dental Products 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

Teeth Whitening Market Report Highlights

  • By product, whitening toothpaste held the largest market share in 2021. The segment is expected to grow at a lucrative CAGR of over 5.3% from 2022 to 2030
  • Based on the distribution channel, the online segment is expected to grow with the highest CAGR over the forecast period, due to the increase in product launches on e-commerce and the availability of a variety of teeth whitening products
  • North America is set to lead the market over the forecast period, owing to technological advancements and an increase in patients opting for procedures to improve dental aesthetics
  • The Asia Pacific region is bound to grow significantly during the forecast period. This is majorly contributed by the large population base and rising disposable income in this region
  • The industry is highly competitive with players including Colgate Palmolive; GlaxoSmithKline Plc; Johnson & Johnson; Procter & Gamble; Brodie & Stone; Unilever; Church & Dwight Co

Order your copy of the Free Sample of “Cosmetic Dental Products Industry Data Book – Teeth Whitening, Dental Implants, Dental Crown & Bridges and Dental Veneers Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030”, Data Book published by Grand View Research

Dental Implants Market Report Highlights

  • The titanium implant type segment held the largest market share in 2020 due to its wide applications, durability, and cost-effectiveness
  • Zirconia implants are anticipated to witness a lucrative growth rate over the forecast period due to better flexural strength, improved aesthetic appearance, and less corrosiveness as compared to titanium
  • North America dominated the market in 2020 owing to high awareness about restorative treatments and the presence of established market players

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

Dental Crowns And Bridges Market Report Highlights

  • Titanium segment is anticipated to expand at a CAGR of 7.6% by 2026 owing to the attractive features of the material, such as unmatched corrosion resistance, biocompatibility, great mechanical resistance, high success rates, and favorable biological response with live tissues
  • Zirconium is also expected to gain popularity in near future, owing to increased use for restorations in the anterior areas and its features, such as low porosity, high density high compressive strength and tooth-like appearance
  • Premium implants is the dominating segment and is expected to register a steady CAGR over the forecast period. Strong presence of implant brands, such as Straumann, Nobel Biocare, Zimmer Biomet, and Dentsply Sirona is anticipated to bode well for the growth
  • Value dental implants is also predicted to register a significant growth due to increasing preference for the product by end users over premium implant brands
  • Manufacturers in the dental crowns and bridges market focus on mergers and acquisitions for strengthening their market presence, expanding their customer base, and innovations and new product launches for expanding their product portfolio

Dental Veneers Market Report Highlights

  • In 2021, the porcelain veneers segment dominated the market and accounted for a revenue share of 59.5% as they are strong caps placed on the front surface of teeth to improve the appearance. Although they are more expensive than the other veneers, they have a life span of around 20 years. Hence, they are the most preferred type of veneers
  • On the other hand, the composite veneers segment is anticipated to witness the fastest growth rate during the forecast period as they are easier to replace at a cheaper cost
  • Based on end-use, the dental clinics segment accounted for the largest revenue share in 2021 pertaining to the rising number of dental clinics and independent dentist practices across the world
  • North America held a majority of the market share of 48.7% in 2021. The technological improvements in the area of diagnosis are driving the oral and dental solutions market in North America
  • The Asia Pacific is expected to witness the fastest growth rate of 9.6% during the forecast period. Some of the countries in the Asia Pacific, including China, India, and Thailand, are heavily inhabited and recognized for their cost-effective dentistry; as a result, these countries are the final stop for dental tourism patients

Competitive Landscape

Companies are focusing on strategic initiatives, such as the introduction of novel products through customization according to consumers’ needs, partnerships, collaborations, and mergers & acquisitions, to expand their product portfolio and extend leadership positions in the field of dental implantology. Moreover, the competition between key players will turn intense in the coming years as they are focusing more on geographical expansion, strategic collaborations, and partnerships through mergers & acquisitions. In May 2020, Straumann Group announced a new zygomatic implant solution for patients with severe jawbone loss in collaboration with Southern Implants. The new solution combines proven implant design features with the advantages of Straumann’s BLX and BLT implant prosthetic range.

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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Exploring the Dynamics of the Single-Use Biomanufacturing Sector

Single-use Biomanufacturing Industry Data Book | Forecast 2030

Single-use Biomanufacturing Industry Data Book – Single-Use Bioprocessing, Bioreactor, Assemblies & Filtration Assemblies Market

Grand View Research’s Single-use Biomanufacturing Industry data book is a collection of market sizing & forecasts insights, market dynamics & trends, opportunity assessment, regulatory & technology framework, pricing intelligence, competitive benchmarking analyses, and macro-environmental analyses studies. Within the purview of the data book, such information is systematically analyzed and provided in the form of summary presentations and detailed outlook reports on individual areas of research.

Access the Global Single-use Biomanufacturing 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

Single-use Bioprocessing Market Report Highlights

  • The simple & peripheral elements segment held the largest share in 2022 due to the significant adoption of these products as a result of a variety of customizable options available for bioprocessing applications
  • The upstream bioprocessing workflow segment accounted for the largest share in 2022. Continuous developments and betterment in technologies for upstream bioprocessing are driving the segment growth
  • North America was the leading region in 2022 due to the high R&D spending and growth of the biopharmaceutical manufacturing sector in the region
  • Furthermore, the presence of key players, such as Thermo Fisher Scientific, Inc. and Danaher Corp., is driving the regional market
  • The biopharmaceutical manufacturers end-use segment dominated the industry in 2022 and accounted for the maximum revenue share. This was due to the high demand for biologics and heavy investments in cell & gene therapy manufacturing

Order your copy of the Free Sample of “Single-use Biomanufacturing Industry Data Book – Single-Use Bioprocessing, Bioreactor, Assemblies & Filtration Assemblies Market Size, Share, Trends Analysis, And Segment Forecasts, 2022 – 2030”, Data Book published by Grand View Research

Single-use Bioreactors Market Report Highlights

  • By product, the single-use bioreactor systems segment held the dominant share in 2022. The availability of disposable bioprocess bags in different sizes for a variety of uses, including the storage of reagents, buffers, sterile medium, sera, and cell cultures, is predicted to drive the market’s expansion
  • By type, the stirred tank bioreactors segment held a larger market share in 2022, driven by the increasing adoption of stirred tank SUBs from pilot scale to large scale manufacturing, which is anticipated to boost the market growth in the forecast years
  • Based on the type of cell, the mammalian cells segment held a larger share in 2022. The segment is being driven by the increasing usage of single-use bioreactors for mammalian cell culture in several research studies. This is another key factor expected to drive market growth significantly in the coming years
  • By molecule type insights, the vaccines segment held a larger share in 2022. This is due to the less expensive nature and availability in smaller volumes. This allows manufacturers to test different cell lines as well as growth conditions more quickly and at a lower cost to improve vaccine manufacturing
  • By application insights, the research and development (R&D)/process development segment held a larger share in 2022. Single-use bioreactors are most commonly used in GMP production, process development, and research. Furthermore, the growing adoption of single-use bioreactors in process development is facilitating the market growth
  • By usage insights, the lab-scale production segment held a larger share in 2022. Various types of waste creation and bioreactor operations are included in controlled laboratory-scale studies before scaling up. Due to such advantages offered by lab-scale bioreactors, the market is expected to grow during the forecast period

Go through the table of content of Single-use Biomanufacturing Industry Data Book to get a better understanding of the Coverage & Scope of the study

Single-use Assemblies Market Report Highlights

  • The filtration assemblies segment led the industry in 2022. Increased regulatory prospects and the need to diminish the risk of contamination have promoted the use of filtration assemblies for bulk and final fill operations
  • The bag assemblies segment is expected to grow at a lucrative CAGR over the forecast period. Advantages, such as no need for validation or cleaning, lower shipping cost due to less weight, and low maintenance cost & capital investment drive the segment growth
  • The filtration application segment held a larger revenue share in 2022. Implementation of single-use assemblies for filtration is rapidly increasing owing to benefits as it is time- & cost-effective and ready to use, unlike the conventional filtration systems
  • The customized solutions segment captured the highest revenue share in 2022. Several companies offer customized solutions to fast-track pharmaceutical manufacturing and drug development
  • The pharmaceutical & biotechnological companies end-user segment led the global industry in 2022. The growth of the current manufacturing facilities for biopharmaceuticals drives the demand for single-use assemblies

Single-use Filtration Assemblies Market Report Highlights

  • By type, the membrane filtration segment accounted for the largest share of 47.8% in 2022. This growth can be attributed to the increasing adoption of filtration systems by various industries. Membrane filtration sub segmented into TFF and direct flow filtration (DFF) /dead-end filtration /normal flow filtration. Within this segment, Tangential Flow Filtration (TFF) accounted for the largest revenue share.
  • By application, the bioprocessing/biopharmaceuticals market segment held a largest share of 41.6% in 2022. This growth can be attributed to the increasing research and development funding for the development of biopharmaceutical products.
  • By product, filter segment held a largest share of 21.1% in 2022.Single-use filters are one the most popular and widely used single-use technologies. Single-use filters eliminate the need for cleaning and sterilization, reducing the risk of cross-contamination between batches and reducing downtime between runs.
  • North America held the largest share of 36.4% in 2022, owing to the well-established healthcare infrastructure and increasing demand for biopharmaceuticals are further propelling the growth of the market in this region.

Competitive Landscape

Competitive rivalry in the single-use bioprocessing market is high due to the presence of a substantial number of both well-established companies and small- to mid-sized companies as well as CROs in the industry. Some of the major players are Thermo Fisher Scientific, Inc.; Sartorius AG; Corning, Inc.; Eppendorf AG; PBS Biotech, Inc.; Avantor, Inc.; Entegris, Inc.; Kuhner AG; MEISSNER FILTRATION PRODUCTS, INC.; Danaher Corporation; and Merck KGaA. Some of the biopharmaceutical contract manufacturing companies operating in the marketplace include Boehringer Ingelheim; Lonza; AGC Biologics (CMC Biologics); and Rentschler Biotechnologie GmbH. These players are manufacturing and commercializing products to cater to the various requirements in the industry. To maintain a significant share of the market, key participants are implementing business strategies, such as broadening their product portfolio, reinforcing and stabilizing the distribution network, and increasing manufacturing capacity globally through collaborations, partnerships, and acquisition models.

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

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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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