Global Rafting Equipment Market Outlook to 2022: Ken Research

The report titled “Global Rafting Equipment Market Outlook to 2022 - by Equipments (Protective Rafting Gear, Rafting Accessories & Inflatable Rafting Boats), by Distribution Channel (Company Stores and Specialty Stores, Online, Hypermarkets, Department Stores & Supermarkets and Others)” provides a comprehensive analysis of global rafting  market introduction, market size and market segmentation by Equipments (Protective Rafting Gear, Rafting Accessories & Inflatable Rafting Boats), by Region (Americas, Europe, APAC & MEA), by New & Existing Demand, by Distribution Channel (Company Stores and Specialty Stores, Online, Hypermarkets, Department Stores & Supermarkets and Others) and by Equipment Price. The report extensively covers competition scenario and competitive landscape of major players including Wing Inflatables, HYSIDE Inflatables, SOTAR, NRS, Maravia and AIRE and analyst recommendation.

The report is useful for water sports equipment manufacturers, rafting equipment manufacturers, distributors, specialty sporting goods stores, department stores, e-commerce portals, customers and other stakeholders to plan their market centric strategies in accordance with the ongoing and expected trends in the future.

Global Rafting Equipment Market Size and Overview

Market Overview: International tourist arrivals and international tourism expenditure has been increasing at a steady pace over the review period (2012-2017), globally. Coupled with an increase in interest of people towards soft adventure sports, rising popularity of rafting & adventure sports and growing awareness regarding fitness-benefits of opting rafting has supported growth in this industry. Americas has been the biggest market in terms of expenditure incurred by consumers in rafting equipment’s followed by Europe, APAC and Middle East & Africa. Increase in demand has also been affected by growing base of Millennial, higher per capita income in major markets, presence of well-established players and expanded distribution network in new regions/countries.

Market Size: Increase in variety of rafting equipment’s available in the market, primarily, in terms of size, quality, capacity and utility, major players have been using diverse product portfolios and aggressive marketing & sales strategies to position themselves in the market. This has helped the market to grow at a CAGR of close to 3% during 2012-2017. Increased trade has been observed amongst major producing and consuming countries. Several leading manufacturers have invested huge amount in research & development segment to foster product innovations to increase durability and sturdiness of rafting equipments. By and large, Global rafting equipment market has increased by significant amount in the review period.

Market Segmentation

By Equipment: Protective Rafting Gear has captured a major market segment in 2017. Major reason for protective gears to hold highest revenue share in the market is its bulk sales. These equipments are bought by rafting participants, retail clients as well as by large-scale and small scale water sporting institutes in large quantities. Rafting Accessories accounted for the second highest share in the market. Rafting inflatables accounted for the smallest share in 2017. The boats are usually long lasting due to which the replacement demand is comparatively low. This has been primarily associated with its lower share in the consumer expenditure generated in the overall rafting equipment market.

By Region: The global rafting equipment market was dominated by Americas in the year 2017. The region occupies the largest share owing to the presence of well-established water sports infrastructure and large number of rafting enthusiasts. In the recent years, rafting has been adopted as a recreational activity along with being taken-up professionally. Europe accounted for the second largest share in the rafting equipment market. The presence of increased number of water sporting sites across Europe makes it the second-largest revenue contributor. APAC region also witnessed growth in demand for rafting equipments with an increase in both consumption and production especially in Japan, Australia, China, India, Singapore, Malaysia and Taiwan. Middle East and Africa has accounted for the lowest share in the rafting equipment market in 2017.

By Distribution Channel: Company Stores and Specialty Stores dominated the market in 2017. This sales channel has been highly popular since major large scale manufacturers of rafting equipments usually operate through own brand stores that exclusively sell equipments of their brand. These are known as Exclusive Brand Outlets of the companies located in various countries across the world. The purchase of sports equipments online has been gaining high popularity over the years. Online stores have accounted for second highest contribution in 2017. Some of the major online retailers selling sports equipments are Amazon and Alibaba. Hypermarkets, department stores and supermarkets have accounted for double digit share in terms consumption expenditure. Some of the well-known stores include Walmart and Tesco.

Competitive Landscape

Competition in the global rafting equipment market is highly fragmented due to the presence of large number of regional players. In the Americas, the competition in the concentrated however, majority of market leaders have substantial control in terms of market share in 2017. Majority of manufacturing facilities are based in this region leading to large exports to countries such as UAE, South Africa and India. It is a similar scenario in Europe. The major players in the market carry out both manufacturing as well as trading. Competition in APAC and Middle East & Africa is still in the growing phase & highly fragmented. There are about 4 major rafting equipment manufacturers operating in the global market. Majority of manufacturing clusters of these major manufactures are located in North America and Europe. These players compete against each other on the basis of parameters such as price, product differentiation (product portfolio size and product innovations), distribution network, geographical penetration/geographical presence and research & development activities.

Future Analysis and Projections

Global rafting equipment market has been anticipated to showcase a sound growth at a CAGR of close to 2% during the forecast period (2017-2022). Growth during this period is expected to be supported by the rising popularity of rafting as a recreational and profession activity, increase in the number of rafting championships and tournaments, increase in demand from Millennial, increased awareness regarding fitness benefits of rafting, expanding geographical presence of major manufacturers, intensifying distribution channels, expansion of online retailing, new product launches, government initiative to promote the usage of protective rafting equipments and others.

Key Topics Covered in the Report

Global Rafting Equipment Market Introduction

Global Rafting equipment Market Size

Global Rafting Equipment Market Segmentation by Equipments (Protective Rafting Gear, Rafting Accessories & Inflatable Rafting Boats), by Region (Americas, Europe, APAC & MEA), by New & Existing Demand, by Distribution Channel (Company Stores and Specialty Stores, Online, Hypermarkets, department stores & supermarkets and Others) and by Equipment Price

Competitive Landscape in Global Rafting Equipment Market

Company profiling for major players in Global Rafting Equipment Market

Global Rafting Equipment Market future outlook and projections

SWOT Analysis

Government Regulations in Global Rafting equipment market

Analyst Recommendations in Global Rafting equipment market   

For more information on the research report, refer to below link:

https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/global-rafting-equipment-market/149103-95.html

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Indian Golf Union, PGTI and WGAI are taking enough initiatives to organize more number of professional and amateur tournaments in India.

Contact Us:

Ken Research 

Ankur Gupta, Head Marketing & Communications

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+91-9015378249

Booming Importance Of Nickel Boron To Engender Growth In The Asian Nickel Plating Industry:Ken Research

The industry research report, “Asia Nickel Boron Plating Industry Situation and Prospects Research report” is an in-depth and professional study on the recent state of the Nickel Boron Plating industry. It offers a deep analysis of the industry with integrity of logic and comprehensiveness of contents to all its users. It manages to give a basic overview of the industry involving definitions, classifications, applications and industry chain structure along with an analysis for the international market including development history, competitive landscape analysis, and major regions' development status. Also, all the development policies and plans are well discussed along with the manufacturing processes and cost structures in this report. Nowadays, nickel boron is used in many applications as a hard chrome replacement. Nickel boron plating basically refers to a coating that has all the protective qualities of hard chromium along with being 100% environment friendly.

The Nickel Boron Plating industry is mainly segmented by (a) product types, with production, revenue, price, and market share and growth rate of each type, which are further split into: High Ni-P, Medium Ni-P and Low Ni-P; and (b) by applications, focusing on consumption, market share and growth rate of Nickel Boron Plating in each application that mainly involves: Automotive, Oil and Gas, Heavy Machinery, Consumer Electronics and Food Industries.

This industry in Asia significantly caters to the countries namely- China, Japan, India, Korea, Saudi Arabia and some other regions wherein the focus stays on the leading manufacturers that exist in the market, on the basis of their production, price, revenue and market share for each manufacturer, and they namely constitute: KC Jones Plating Company, Surface Technology, Inc., Atotech, Avtec Finishing Solutions, Gull Industries, Okuno-Auromex (Thailand) Co., Ltd., and KOTO Plating Technology.

It has been investigated that in 2016, the world economy registered an expansion by about 2.2 per cent, which was the slowest rate of growth that was encountered after the Great Recession of 2009. This torpid global economy was an outcome of many factors like the puny pace of global investment, dwindling world trade growth, hailing productivity growth and huge levels of debt. However, this sluggish scenario is anticipated to ameliorate in the years to proceed since the world gross product is forecasted to augment by 2.9 per cent in 2018, leading to revitalization of the economy; making it stable enough to relish an ongoing global demand.

Associated with the relevant linkages between demand, investment, trade and productivity; the inert global growth is expected to show traces of improvement and revive the overall investments in the industry further leading to a speedy recovery in productivity. Moreover, with the futuristic concept of Sustainable Development Goals (SDGs) revolving around “removing extreme poverty” and “generating decent employment opportunities for all”; the nickel boron industry in Asia is all set to benefit since all the industries in the global economy are envisioned to relish optimistic shifts towards development.

Thereby, in the recent years, nickel boron has experienced a warm welcome by aerospace and automotive industries in Asia owing to it being characterized by better properties than hard chrome and when compared to many other hard chrome replacements, which are often costly and even contain toxic powders; this plating has proved to be much more convenient and effective as it offers much harder material that prevents corrosion in an optimal manner. In fact, nickel boron has been recognized as the most popular alternative to hard chrome plating lately.

It has been discovered that corrosion in oil and gas operations is considerably very common in Asia and the cost that comes with this corrosion is way too high and can badly hamper the growth of Asian economy, if not dealt with effectively on time. Thus, traditionally hard chrome replacements have helped in reducing the overall burden on the economy but now, the ongoing advancements coupled with increasing awareness for environment protection year after year; the industry has realized the need for a better alternative that will not only prevent corrosion but will also supplement growth rates of all the connected industries. Therefore, nickel boron plating techniques are all set to emerge beautifully in the coming years.

On a whole, the success of this industry is guaranteed by 2023, depending on the establishment of an ameliorating balance between cost and performance with each passing year. This will also expand the consumer base for this type of plating in the future years since less cost of production would attract many Asian producers. In turn, this will ultimately result in longer component lifetimes and lessened frequency of repairs required; further generating significant savings and associated massive profits in the long run.

To know more about the research report:

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/asia-nickel-boron-plating-industry-situation-and-prospects-research-report/147752-101.html

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Global Brass Foils Industry Research Report: Ken Research

The Global Brass Foils Industry Situation and Prospects Research report is a professional and in-depth study on the current state of the Brass Foils industry.

In 2016, the world economy expanded by just 2.2 per cent, the slowest rate of growth since the Great Recession of 2009. Underpinning the sluggish global economy are the feeble pace of global investment, dwindling world trade growth, flagging productivity growth and high levels of debt. World gross product is forecast to expand by 2.7 per cent in 2017 and 2.9 per cent in 2018, with this modest recovery more an indication of economic stabilization than a signal of a robust and sustained revival of global demand. Given the close linkages between demand, investment, trade and productivity, the extended episode of weak global growth may prove self-perpetuating in the absence of concerted policy efforts to revive investment and foster a recovery in productivity. This would impede progress towards the Sustainable Development Goals (SDGs), particularly the goals of eradicating extreme poverty and creating decent work for all.

For the sake of making you deeply understand the Brass Foils industry and meeting you needs to the report contents, Global Brass Foils Industry Situation and Prospects Research report will stands on the report reader's perspective to provide you a deeply analysis report with the integrity of logic and the comprehensiveness of contents. We promise that we will provide to the report reader a professional and in-depth industry analysis no matter you are the industry insider potential entrant or investor.

Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Brass Foils market analysis is provided for the international market including development history, competitive landscape analysis, and major regions' development status.

Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions (North America, Europe, Japan, India, China and The rest of the world), and other regions can be added.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Brass Foils industry development trends and marketing channels are analyzed.

Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

For more information, click on the link below:

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-brass-foils-industry-situation-and-prospects-research-report/146063-101.html

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India Non Whey Mass Gain Market is Expected to Reach over INR 800 Crore by FY’2023: Ken Research

Analysts at Ken Research in their latest publication “India Non Whey Mass Gain Market Outlook To 2023 - by Product (Granules and Tablets & Others),  By Metro & Non Metro Cities, By Online & Offline Sales Channels and By Flavors (Chocolate, Banana, Vanilla & Others)” have analyzed the market to grow at a robust double digit CAGR in the forecast period with the increase in B2B sales, new product launches and higher sales through online channel.

India Non Whey Mass Gain Market entity analysis (product suppliers, C&F agents, distributors, retailers & customers), market segmentation by Product (Granules and Tablets & Others),  By Metro & Non Metro Cities, By Online & Offline Sales Channels and By Flavors (Chocolate, Banana, Vanilla & Others), total addressable market (national & regional) along with company profiles of leading manufacturers/importers (Medinn Belle Herbal Pvt. Ltd’s Endura, Ayurwin Pharma, Accumass, Glanbis’s Optimum Nutrition, Bright Lifecare and Medisys Biotech Pvt. LTd) and company snapshots of major online retailers including HealthKart & Neulife have also been covered. 

• Endura Supplements has been the leading player selling non whey mass gain powder under the product brand, Endura mass. The company positioned itself as the market leader by having strong distribution channel with over 250 sales people on field & with more than 1000 stockists throughout India.
• The online sales channel has been anticipated to grow with almost 35% CAGR during FY’18-FY’23.
• India sports nutrition market has been growing with a CAGR of 9.7% with supermarkets, MBO, EBO being the most preferred distribution channel.

India Non Whey Mass Gainer Market has been anticipated to expand on account of various favorable changes encountered including increase in the number of new entrants in the market, larger product acceptance in the country, expanding distribution channels and higher marketing expenditure undertaken by the companies. Launch of various new products in different product genre such as lean mass gaining, cutting, bulking is anticipated to expand the target audience. Expansion of operations to smaller towns, villages and non metro cities by companies will also play a pivotal role in the revenue growth of the industry. Increasing internet penetration & higher number of smart phones users are likely to boost online sales in the country. Introduction of newer non whey protein base such as chicken protein, salmon protein, rice protein, wheat protein and others is anticipated to diversify and support the market growth.

With higher internet penetration and general increase in awareness, the non metro cities would experience revenue growth registering a CAGR of close to 33% during the forecast period. Various pockets of opportunity include cities such as New Delhi, Indore, Vadodara, Nashik, Pune, Bangalore, Surat, and Ahemdabad. Company would primarily focus on ways to penetrate non metro cities by increase in awareness through campaigns & advertisement. Rise in demand for vegan protein in the country has been a major growth driver for the market. With enormous vegetarian populations of more than approximately 360 million people, there has been a large demand for soy, pea and potato based mass gainers in the recent years. Introduction of new flavors expected in future has expanded company’s product portfolios beyond chocolate flavor. These include kesar-pista, coffee, Café Mocha and various others. This has helped companies to gather higher consumer attention & to cater larger sets of audience. The set of fitness conscious non gym going population is the biggest target audience for non whey mass gain products in India. Their estimation population size has been estimated to increase with a CAGR of close to 1.5% during 2012-17.

For more information on the research report, refer to below link:
https://www.kenresearch.com/healthcare/pharmaceuticals/india-non-whey-mass-gainer-market/149101-91.html

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https://www.kenresearch.com/healthcare/general-healthcare/india-fitness-clubs-equipment-market-research-report/627-91.html
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https://www.kenresearch.com/healthcare/pharmaceuticals/vietnam-nutritional-supplements-market/123936-91.html
The report is useful for nutraceuticals companies, functional food and dietary supplement companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Global Boswellia Industry Outlook: Ken Research

The Global Boswellia Industry Situation and Prospects Research report is a professional and in-depth study on the current state of the Boswellia industry.

In 2016, the world economy expanded by just 2.2 per cent, the slowest rate of growth since the Great Recession of 2009. Underpinning the sluggish global economy are the feeble pace of global investment, dwindling world trade growth, flagging productivity growth and high levels of debt. World gross product is forecast to expand by 2.7 per cent in 2017 and 2.9 per cent in 2018, with this modest recovery more an indication of economic stabilization than a signal of a robust and sustained revival of global demand. Given the close linkages between demand, investment, trade and productivity, the extended episode of weak global growth may prove self-perpetuating in the absence of concerted policy efforts to revive investment and foster a recovery in productivity. This would impede progress towards the Sustainable Development Goals (SDGs), particularly the goals of eradicating extreme poverty and creating decent work for all.

For the sake of making you deeply understand the Boswellia industry and meeting you needs to the report contents, Global Boswellia Industry Situation and Prospects Research report will stands on the report reader's perspective to provide you a deeply analysis report with the integrity of logic and the comprehensiveness of contents. We promise that we will provide to the report reader a professional and in-depth industry analysis no matter you are the industry insider potential entrant or investor.

Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Boswellia market analysis is provided for the international market including development history, competitive landscape analysis, and major regions' development status.

Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions (North America, Europe, Japan, India, China and The rest of the world), and other regions can be added.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Boswellia industry development trends and marketing channels are analyzed.

Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

For more information, click on the link below:

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-boswellia-industry-situation-and-prospects-research-report/146059-101.html

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India Complex Fertilizer Market Research Report : Ken Research

Asian countries are behind US and European countries in terms of achieving agricultural crop yield. The focus on improving crop yields has driven the demand for complex fertilizers in the Asian subcontinent over the past decade. Asia complex fertilizer market registered moderate growth during 2012-2017, growing at a CAGR of ~%, to register revenues worth USD ~ billion in 2017 as compared to USD ~ billion in 2012. Moderate growth was due to decline in consumption of complex fertilizers in certain key territories and slump in price of complex fertilizers, driven by decline in cost of raw materials in international markets. Overall, complex fertilizer production in Asia grew at a CAGR of ~% during 2012-2017, whereas consumption of complex fertilizers grew at a CAGR of ~% during the same period.

China was the largest consumer and producer of complex fertilizers in Asia and accounted for about ~% of the market in 2017.

India ranked second and comprised for ~% of the market share in 2017. Vietnam, Indonesia and Thailand were other major countries utilizing complex fertilizers in Asia and accounted for ~%, ~% and ~% market share respectively in 2017. All other Asian countries together comprised for remaining ~% of the market.

NPK 16-16-8 was the most widely used complex fertilizer in Asia and accounted for ~% market share in overall complex fertilizer market in 2017. NPK 20-20-15 was the next popularly used fertilizer grade and comprised for ~% market share in 2017. NPK 15-15-15 and NPK 20-20-0 were other popularly used complex fertilizers which comprised for ~% and ~% market share respectively in 2017. All other grades/formulas of complex fertilizers together comprised for about ~% of the market share in 2017.

India fertilizer industry is of very critical importance to the Indian Economy as it manufacturers raw material for agriculture purposes, which is the major occupation of the country. Agriculture is livelihood to 58% of the country's population and contributes up to 14% to the economy. The country has second largest arable land and is partly self-sufficient in meeting its nitrogen fertilizers, but it is primarily dependent on imports for its potash and phosphate needs. India has limited amount of rock phosphate of low grade which can only be utilized for production of SSP. The fertilizer industry is highly regulated and monitored by the Government of India. India has 21 units which produce DAP and complex fertilizers as of FY’2017.

The monsoon in India is closely watched for agricultural activities as the agriculture and fertilizer sector is highly dependent on monsoons. Straight fertilizers such as Urea and DAP are highly subsidized in the country by the Indian government. In the case of complex fertilizers, the share in total subsidy has been on a declining trend due to partial decontrol of the sale price. Consumption of complex fertilizers declined at a CAGR of ~% during the period FY’2012-FY’2017, whereas, production grew marginally at a CAGR of ~% during FY’2012-FY’2017.             Monsoon, on which a major part of agriculture depends, was erratic and inconsistent. Furthermore, decline in prices of complex fertilizers coupled with slump in consumption resulted in decline of the complex fertilizers market in the country.

India imported about ~ thousand MT of NPK fertilizers during 2016, majorly from Russia. Imports declined in 2016 by as much as ~% as compared to 2015. Incline in domestic production of NPK fertilizers and lesser monsoon rainfall resulted in a decline in import demands during 2016. Imports of NPKs have been heavily dependent on the agro-climatic conditions of the country. Hence, imports have registered sharp incline and/or decline in the last few years.

Russia was the biggest exporters of NPK fertilizers to India as of 2016, contributing about ~% of the overall NPK imports of the country (in terms of volume). Latvia, Estonia and China were other major import destinations for India and accounted for ~%, ~% and ~% of the total NPK imports, respectively in 2016.

Granulated/fused form of complex fertilizers was widely used in India such that about ~% of all complex fertilizers utilized in the country were of granulated or fused form. Tata Chemicals Limited (TCL), Coromandel International and Zuari Fertilisers and Chemicals Limited are the only companies known to have invested and established blending plant facilities for customized NPK production. However, the production capacities of these plants are very small and farmers are reluctant in experimenting new grades of NPKs. TCL was the first company in India to establish blending plant facility at Babrala, Uttar Pradesh in 2009. Major blended NPK grades sold include NPK 10-18-25, NPK 7-20-18 and NPK 19-19-19.

India complex fertilizer market is highly competitive and concentrated with top 5 players comprising for over ~% of the market share, in terms of revenue in FY’2017. In terms of complex fertilizer production, the top 5 players accounted for about ~% of market share as of FY’2017. There are about 13 companies (3 public, 1 cooperative and 9 private companies) engaged in the production of complex fertilizer in India.

Coromandel international was the market leader and comprised for ~% market share in FY’2017, in terms of revenue. The company produced around 2.4 million MT of complex fertilizers during FY’2017. IFFCO emerged as the second largest player in this space and comprised for ~% market in 2017. Other prominent players included Paradeep Phosphates, Rashtriya Chemicals and Fertilizers Limited, Fertilizers and Chemicals Travancore, Gujarat State Fertilizers & Chemicals Limited and Gujarat Narmada Valley Fertilizers & Chemicals Limited which comprised for market shares of ~%, ~%, ~%, ~% and ~%, respectively in FY’2017.

The Direct Transfer Benefit will soon be deployed across the country from 2018 onwards, since the pilot projects have indicated a success. The Point of Sales (PoS) machines will capture details of the farmer including Aadhaar number, details of the retailer, product purchased, farm land in which the commodity is used, health of the soil, land ownership details if available and the opening and closing stock of every retailer. This will help to bring soil health in focus and curb any pilferages and leakages in the subsidy reimbursement process as every sale made will be recorded in the POS machine. The process will streamline and enable in quick subsidy disbursal to the manufacturers within weeks and it will ensure the fertilizer is received by the farmer himself. Timely outgo of the subsidy will further revive the profits of the companies and also help in reducing the working capital pressures in the long run. Several companies including the likes of Coromandel International, Paradeep Phosphates and Fertilizers and Chemicals Travancore have announced investments to increase their production capacity of complex fertilizers.

Ken Research estimates the consumption of complex fertilizer to grow at a CAGR of ~% in the next five years, rising from ~ million MT in FY’2018 to ~ million MT in FY’2022. Furthermore, production of complex fertilizers is expected to grow at healthy CAGR of ~% during FY’2017-FY’2022, inclining from ~ million MT in FY’2018 to ~ million MT by FY’2022.

NPK 20-20-0 was the most widely used complex fertilizer in India, recording fastest growth during the last 5 years. Going forward, utilization of NPK 20-20-0 is most likely to remain strong owing to comparatively cheaper price.

For more information on the research report, refer to below link:

https://www.kenresearch.com/agriculture-and-animal-care/crop-protection/india-complex-fertilizer-market/143968-104.html

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+91-124 423 0204

India Non Whey Mass Gainer Market Outlook to 2023-Ken Research

The report titled “India Non Whey Mass Gainer Market Outlook to 2023 - By Product (Granules and Tablets & Others),  By Metro & Non Metro Cities, By Online & Offline Sales Channels and By Flavors (Chocolate, Banana, Vanilla & Others)” provides a comprehensive analysis of non whey mass gain market genesis and overview, market ecosystem, market nature, value chain & entity analysis (product suppliers, C&F agents, distributors, retailers & customers), market size,  and market segments by Product (Granules and Tablets & Others),  By Metro & Non Metro Cities, By Online & Offline Sales Channels and By Flavors (Chocolate, Banana, Vanilla & Others). The report profoundly covers client specific areas such as total addressable market (national & regional), major market growth drivers, market restraints and a snapshot on Indian sports nutrition market including market size (FY’13-23E), market segmentation by major distribution channels, market share and brand share of major companies operating in the space (FY’12-FY’17) & market SWOT analysis. Competition landscape, competition nature, major competition parameters and market share of major companies (FY’17 & FY’18E) along with company profiles of leading manufacturers/importers (Medinn Belle Herbal Pvt. Ltd (Endura Supplements), Ayurwin Pharma, Accumass, Glanbia (Optimum Nutrition), Bright Lifecare and Medisys Biotech Pvt. Ltd) have been given prime importance. Alongside, company snapshots of major online retailers including HealthKart & Neulife have also been covered.

The report also covers future market size along with market segments and analyst recommendation including what to produce, which protein base to use, what price to charge, best selling quantity, marketing tactics to focus upon, organic non whey mass gainers and upcoming product innovations. Case studies of 2 successful market entrants has been shown mentioning  how did the company enter, position and acquired market leader position in short span of time.

The report is useful for non whey/ whey mass gain producers, potential investors, potential entrants, nutraceutical companies, pharmaceutical companies, major fitness center owners, government authorities and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

India Non Whey Mass Gain Market Size and Overview

Market Size: India non whey mass gain market has grown registering a robust CAGR of more than 27%. Currently, the market is in infancy stage with high potential of future expansion in both metro & non-metro cities. The total addressable market in India for non whey mass gain products has been expanding & comprised of non gym goers. Various factors supporting growth include heavy expenditure by companies towards brand promotion activities & marketing including television advertisements, celebrity promotions, newspaper advertisement so as to maintain product visibility. Increase in urban population especially in the metro-cities which has been the largest end-user segment of the market and higher spending on R&D activities by the companies has led to the rise of pea, soy, egg and potatoes based proteins products providing cost benefits and chance to attract new customers. A substantial increase in awareness amongst population in cities & smaller towns has provided major thrust to this market. In parallel, growth & popularity in ready to drink and performance boosting products and advancement in technologies giving rise to naïve and improved supplements for health benefits, has shown tremendous effects especially on the population living in metro-cities of India. Body building, weight-lifting, cricket, football, karate are the major sports which require mass gaining and hence, drive the market further ahead. However, the market has been flooded with “fake” products, found all throughout the value chain.

Market Segmentation

By Flavor: Three major flavors have been famous in the market primarily, chocolate, banana and vanilla. Other flavors including strawberry, café mocha, cookie cream, creamy chocolate and others have been less demanded. Chocolate has been the most preferred flavor generating highest revenue in FY’18 due to wide acceptance across every age group. Banana flavored generated second highest revenue by attracting large audience due to its real, authentic and consistent taste. Proteins usually have banana popsicles and banana flavored candies to enhance taste. It is usually recommended to be included in a good health-conscious diet for gaining.

By Products: Granules constituted for higher sales in the market in comparison to tablets. This has been primarily attributed to the fact that it contains much higher amount of nutrients in comparison to pills, it facilitates more consumption of water/fluids and come in a variety of flavors.

By Metro & Non Metro Sales: Major metro cities including Mumbai, Chennai, Delhi, Kolkata, Hyderabad, Bangalore, Pune, and Ahmedabad have generated highest demand for non whey mass gainer products. Key influencers in metro cities are fitness trainers, friends & relatives and nutritionists. Major growth factor in this region includes higher presence of direct consumers including more number of working class population and people engaged in fitness & body maintaining activities such as yoga, jogging and others coupled with having much higher per capita disposable income. Non metro cities’ demand is gradually increasing with increase in product awareness. Domestic brands have shown considerable improvement in terms of growth in non metro cities by tapping demand arising from population engaged in pehlwani, joining army & naval forces and due to non availability of imported products.

Online & Offline Sales Channel: Online sales are done through 3 models namely, Market Place Model, Inventory- Led Model and Omni Channel Mode. Neulife, GNC, Supermarkets, pharmacies, chemists, retail shops have been the major retail channels in offline distribution.

Competitive Landscape

Competition in the non whey mass gain market has been concentrated among top 5 companies. Market has been unregulated in terms of nutrient, trust and quality standards to be maintained by manufacturer. Major competition is being driven through new product launches and marketing initiatives. Products are being manufactured domestically as well as imported.

Future Outlook and Tailwind

Market has been anticipated to showcase a substantial growth at a CAGR during the forecast period (FY’18-FY’23E). Increase in the number of new entrants in the market, larger product acceptance, expanding distribution channels of existing players and higher marketing expenditure done by the companies are expected to be tailwind for future growth.

For more information on the research report, refer to below link:

https://www.kenresearch.com/healthcare/pharmaceuticals/india-non-whey-mass-gainer-market/149101-91.html 

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The organized players in the India fitness services dominated the market. Large players in the India fitness market have started rolling out franchisees which has led to an increase in the share of organized players in the market.

https://www.kenresearch.com/healthcare/pharmaceuticals/vietnam-nutritional-supplements-market/123936-91.html

The report is useful for nutraceuticals companies, functional food and dietary supplement companies and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Indonesia catering market Research Report : Ken Research

Indonesia catering market has surged owing to the growing number of international tourists, domestic air travelers, wedding ceremonies being held in the country, higher catering demand from industrial clients (hospitals, mining sites, manufacturing plants, oil & gas sites and educational institutes requiring catering services) and the positively inclining number of MICE/corporate/private events being hosted in various event-halls across the country. The market witnessed a robust CAGR of ~% during the review period (2012-2017) due to the combined effect of these factors. The market is currently placed in medium growth stage with strong possibility for further growth at a faster pace.

Profitability associated with catering is highly correlated with multiple factors such as maintaining records of profit/loss statements during various individual events & its effective interpretation, cost reduction related to transportation of raw materials, minimization of wastage, sustaining & expanding client relationships, having multiple event halls with different capacities, quality of food being served, efficient & effective service provided amongst various others. Estimated profitability range for event and pure-play caterers has been analyzed to be ~% in 2017. Highest profit margins per person have been charged in the hospitality catering sector by star-hotels.

Hospitality sector constituting of hotels & wedding halls have contributed ~% to the total revenue generated through catering in 2017. Price charged per person is as high as IDR ~ per person in 5-star hotels for weddings and ~ per person for corporate events. On an average, more than ~ weddings & more than ~ corporate events are being organized in 5-star hotels per month across Indonesia. In-flight catering sector has acquired ~% revenue share of total Indonesia catering market in 2017. In-flight caterers have particularly been benefitted by the continuous growth in tourism sector of the country. CAS Group (Food) and Aero food have dominate the in-flight catering market in terms of clientele. This sector accounts for the third highest contribution with ~% revenue share in the overall market. There are about ~ industrial caterers present in the country. Market players offering catering services to educational institutions such as schools and universities in the country accounted for ~% to the overall revenue generated in 2017

With large brand name, exceptional venue and menu options provided, more number of event rooms, higher capacity in terms of space and equipment’s required to host multiple weddings and corporate events at the same time exceptional supplementary services extended and top-quality services given to wealthy end user segments, 5-star hotels have dominated the revenue generated from hospitality catering services in 2017. These 5-star hotels collectively generated USD ~ million from their food and event catering services during the same year. The hotel also consists of more than 4 meeting rooms for organizing MICE events within the premises. Wedding/event halls held second highest market share in the hospitality segment with ~% of the market owing to increased number of marriages in the country

Wedding halls do not consist of a grand ballroom; rather such entities have limited number of function rooms, ranging between ~ for hosting weddings and corporate events of up to ~ people. 4 star hotels on the other hand accounted for the third largest share, adding USD ~ million to the market revenues in 2017

A 4 star hotel has a small size ballroom, which is generally divided into two rooms for hosting different events with an accommodation capacity of about ~ people. The average number of meeting and function rooms in 4 star hotel ranges from ~, where corporate events take place.  3 star hotels focus on hosting all types of events at very reasonable prices, which limits their revenues in comparison to other players operating in the space. Such entities contributed USD ~ million to the market revenues in 2017.

Major airline companies in Indonesia consist of two food related departments running in parallel. These are airline’s catering department and F&B department. Catering division could be a pure service extended by the parent airline. However, from the business perspective, since catering is not really a core competency of the airline, caterers are able to supply to multiple airlines and leverage revenues from where ever possible. Two major parts of the catering division sub-sectors include Meal Design and Meal Planning. The entire catering procedure involves various processes and sub-processes starting from menu standardization of different flights. The airline company then provides quotations, provides the caterer with meal presentation requirements, set up their meal policy, run material requirement plan and estimate monthly consumption, generation of production schedule and then enters flight catering order. There are certain challenges faced by the in-flight caterers in Indonesia. The overall cost is comprised of ~% logistics cost, whereas ~% adds up to the cooking and catering expenses. This is due to the heavy cost of refrigeration, cooling, transporting and others. It is highly important to focus on maintenance of temperature so that the food remains in fresh conditions even after few hours. The caterers have to make sure that the food doesn’t contain too-much of fat content, which is difficult to digest by the passengers during the flight.

Currently, PT Reska Multi Usaha caters to the food requirements in Indonesian Railways. This daughter company was established in 2003. It is a subsidy of PT Kereta Api Indonesia, working in various segments for parent company. These include catering, restaurants, parking, cleaning service and general trading. The company has been undergoing changes, modifications and up gradation since 67 years of its establishment. Every train usually has a catering car located in the central area of the train. The Company has ~ central kitchens in Bandung, Jogja and Manggarai Indonesia railway catering market size has been estimated to be approximately IDR ~ billion in 2017.  Per Day: PT Reska Multi Usaha generates IDR ~ million daily through food catering in Indonesian in 2017. ~ Meals served per day in 6 regions through train catering. Jakarta & Surabaya comprise of ~% share of the total meals supplied in 2017.

Event planning or event management consists of organizing large scale festivals, wedding ceremonies, private ceremonies, conferences, concerts and business conventions on behalf of end-users by directly dealing with major hotels, weddings halls and event halls. Different events have their own peculiar requirements hence, event planners  deal with budgeting, scheduling, site selection, acquiring necessary permits, coordinating transportation and parking, arranging for speakers or entertainers, arranging decor, event security, catering, coordinating with third party vendors, and making emergency plans differently for varied occasions. Meeting tight deadlines, fitting event finances in tight budget, high client prospect and organizational stakes, temperamental clients, managing dependencies, language barriers, technological glitches and converting event plans on paper into a reality are the various issues faced by event planners in Indonesia.

There has been an increase in the number of destination weddings in Indonesia by the end of 2017. Growing popularity of the serene beauty of Indonesian landscape, low price in comparison to resident country and trend-popularity have been the major reasons for this growth. The venues for destination events are majorly located in remote areas such as small islands, cliffs and other exotic places hence, this concept is usually popular for destination weddings in comparison to MICE events.

Some of the very famous venues for destination wedding include, Infinity Chapel, Conrad Bali, Prambanan Temple, Central Java, Pine Forest Camp, Bandung, Mirage Wedding Chapel Bali, Batavia Marina, Jakarta, The White Dove, Banyan Tree Ungasan Bali and Jeeva Klui, Lombok. Approximately, a specialized hotel for destination wedding organizes around ~ weddings per month. Average attendance per wedding is less than ~ People

On the other hand, average price per person for destination weddings is more than IDR ~ per person. Remote islands near Bali form clusters for such types of weddings in Indonesia.

For destination weddings people mostly come from Australia and various European countries.

People from United Kingdom have come in huge number in 2017.

The overall competition stage of the industry has been a mix of fragmented and concentrated scenarios depending on major sectors of the market. For instance, hospitality sector and the market for pure play caterers is highly fragmented whereas, in-flight & industrial catering sectors have been marked with highly concentrated competition scenarios. There were approximately ~ food catering entities operating in 2017 providing food catering services along with providing supplementary facilities such as flower decoration, parking facilities, seating arrangement, cutlery and others. Few of the major players include Sasana Kriya, Hilton Garden Inn, Conrad Bali, The Royal Santrian, Hard Rock Hotel Bali, Holiday Inn Jakarta, Holiday Inn Express Jakarta Thamrin, PT Indocater, CAS Group, Aerofood and others. The pre-requisite of heavy investment into setting up a full-fledged production facility and establishing a large distribution network has prevented stakeholders to scale their businesses over a certain geographic limit. This also proves to be barrier in the entry of new players. Presence & expertise of major players, large geographical out-reach (especially to remote sites), diversity in menus, larger capacity of event halls, well established & exclusive clientele has helped these major players to assemble higher revenue share in the market during the review period.

In the short-run, the market has been anticipated to grow to USD ~ million by the end of 2020 registering a three year robust CAGR of ~% during 2017 to 2020. In long run, it has been analyzed that Indonesia catering market would register a steady five year CAGR of ~% during 2017-2022 and hence attain a market size of USD ~ million by 2022 from USD ~ million in 2017. Indonesia would become a hub for hosting successful MICE and destination events in the coming future. Increase in the number of wedding/event halls, construction of new hotels with more number of ballrooms and meeting rooms, expected increase in the number of foreign tourists, rise in the number of healthcare centers with more number of in-patients and expanding industrial units demanding catering services would help facilitate the growth in the market size.  Rising number of private and MICE events is expected to be the major reason behind the dominant share of hospitality sector in the revenues of overall catering market on Indonesia by 2022. Hospitality sector is expected to contribute ~% to the overall revenues generated by catering companies in Indonesia in 2022.

For more information on the research report, refer to below link:

https://www.kenresearch.com/food-beverage-and-tobacco/food-services/indonesia-catering-market/143885-11.html

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Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249