Global Market Research Reports : Ken Research

Wednesday, November 2, 2022

3 Key Insights on Competitive Landscape in Global Regenerative Medicines Market

Regional Players Dominate the Regenerative Medicines Market, Despite the Presence of ~200 Competitors Comprising a Significant Number of Global and Country Niche Players, finds a recent market study on the Global Regenerative Medicines Market by Ken Research

Regenerative medicine is a process to restore human cells, tissues, and organs. It is referred to as a group of biomedical approaches to clinical therapies involving stem cells. Furthermore, therapies involving stem cells are, cell therapy, which is the injection of stem cells or progenitor cells, and tissue engineering, which is the transplantation of laboratory-grown organs and tissues.

Global Players Constitute ~20% of the Total Number of Competitors, While Regional Players Dominate Representing ~45% of Total Competitors

Competitive Analysis by the research study found that the global regenerative medicines market is highly competitive with ~200 players which include country-niche players, regional players as well as a significant number of globally diversified players, who deal in medical testing and surgeries for severe diseases, infections, and wounds. The large global players even though comprise about 20% in terms of the number of companies, hold a significant portion of the market revenue share followed by regional players which account for a major chunk of the market revenue. Most of the players are having their headquarters in the Europe region.

Regular Product Improvisation and Internal Riveraly by the Majority of Players.

Detailed comparative analysis of key competitors available within the research study reveals that players have a variety of regenerative medicines products catering to various applications such as cancer, wound healing, diseases, trauma, disorder, brain injury, and others. All leading competitors have a strong presence in the global regenerative medicines market. Furthermore, several companies and organizations are aggressively investing in R&D to cater to the demand of end-users.

In September 2022, the Centre for Breakthrough Medicines (CBM) and jCyte announced a multi-year manufacturing agreement wherein CBM will be the prime manufacturer of jCyte’s U.S. Food & Drug Administration’s Regenerative Medicine Advance Therapy (RMAT) designated cell therapy, jCell.
In March 2021, Amgen Inc., a USA-based company, announced an agreement to acquire Rodeo Therapeutics Corporation, a privately held biopharmaceutical company based in Seattle that develops small-molecule therapies designed to promote regeneration and repair of multiple tissues.

Increased Adoption Of Regenerative Medicines Globally Leading To Major Industry-Wide Developments, Acquisitions, Collaborations

In May 2020, the Global Institute of Stem Cell Therapy and Research (GIOSTAR), received FDA approval for Covid19 clinical trials with stem cells to treat the Covid19 patients.
In May 2020, According to United Arab Emirates Ministry of Foreign Affairs & International Corporation, stated that a patent has been granted by the Ministry of Economics for the development of an innovative and promising treatment for Covid19 infection using stem cells.

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

Competitors in Regenerative Medicines Sector | Trends in the Regenerative Medicine Market

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3 Key Insights on the US$ 70 Billion Opportunity in the Global Regenerative Medicine Market

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Driven by the growing number of severe diseases, infections, and cancers. Rising clinical trials and spending on research & development by players and governments. The Global Regenerative Medicine Market is forecasted at approximately US$ 70 Bn by 2028 says Ken Research Study

Regenerative medicine is a process to restore human cells, tissues, and organs. It is referred to as a group of biomedical approaches to clinical therapies involving stem cells. Furthermore, therapies involving stem cells are cell therapy, which is the injection of stem cells or progenitor cells, and tissue engineering, which is the transplantation of laboratory-grown organs and tissues.

Regular New Therapies Announcements by Players & Government Initiatives Toward the Future of Healthcare, are Likely to Drive the Market.

According to Ken Research Analysis, the Global Regenerative Medicine Market was valued at US$ 15 billion in 2017, it is estimated to be ~US$ 30 billion in 2022 and is forecasted to reach a market size of ~US$ 70 billion opportunities by 2028, owing to the rise in a number of severe diseases, infections, and cancers. Rising clinical trials and research & development spending on new advanced healthcare processes and facilities by players and governments is also fuelling the growth of the market.

In October 2022, Astellas Pharma Inc. and Pantherna Therapeutics GmbH announced entering into a new technology evaluation agreement for research to generate mRNA-based regenerative medicine programs using reprogramming.

According to whitehouse.gov, a USA government website, mentioned in the September 2022, factsheet, BioFabUSA & BioMADE (launched by the Department of Defence) and NIIMBL (launched by the Department of Commerce) will expand their industry partnerships to enable commercialization across regenerative medicine, industrial biomanufacturing, and biopharmaceuticals.

2. The Increasing Number of Cancer Patients Worldwide & Player’s Continuous Effort to Cure Cancer is Driving the Growth of the Market.

According to World Health Organization, a specialized international public health organization stated that nearly 10 million deaths in 2020 are caused by cancer worldwide, the most common cases of cancer were lung, prostate, skin, stomach, colon, and rectum. Cancer immunotherapy activates, replaces, and regenerates the immune system in order to fight cancer. Cancer immunotherapy is a form of regenerative medicine. The rising number of cancer patients worldwide is driving the growth of the regenerative medicine market.

According to National Health Cancer, a US national cancer program, also a part of the national institute of health, mentioned that, since 2017, six CAR T-cell (another form of immunotherapy) therapies have been approved by the FDA. All are approved for the treatment of blood cancers, including lymphomas, and leukemia.

In September 2022, Celltrion USA receives U.S. FDA approval for its oncology biosimilar Vegzelma for the treatment of six types of cancer.

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3. High Cost of Cell & Gene Therapy can Hamper the Growth of the Regenerative Medicine Market.

Patients suffering from wound injuries, serious disorders, and others require cell and gene therapies, representing advanced technology. The high cost of cell and gene therapies is hampering the growth of the market. In 2017, the Food and Drug Administration (FDA), a federal agency of the department of health and human services, approved Luxturna to treat a rare form of inherited blindness that affects 100 to 2000 people in the USA. This treatment cost US$ 425,000 per eye.

According to National Health Cancer, CAR T-cell therapy came under criticism for its cost, which is around US$ 4,00,000 or more.

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

Investment in Regenerative Medicine Companies

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Tuesday, November 1, 2022

3 Key Insights on US$ 2 Bn Opportunity in the Global Cultured Meat Market: Ken Research

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Driven by the rise in innovation in cellular agriculture as well as the cultured meat industry along with rising inclination towards environmental sustainability and animal welfare, the Global Cultured Meat Market is Forecasted to reach nearly US$ 2,000 Mn by 2028 says Ken Research Study.

Cultured meat, also known as cultivated meat, is animal meat that is produced by cultivating animal cells in laboratory conditions. In cultured meat, conventional meat's nutritional and sensory profiles are replicated and are grown by harvesting cells from animal tissues in the culture media for proliferation and growth.

Ken Research shares 3 key insights on this high-demand market from its latest research study.

1. Growing Demand for Slaughter-Free Meat Production Encourage Market Growth

The growing demand for nutritional meat and the increasing trend for a protein-rich diet coupled with the rising consumption of meat is creating immense opportunities for the growth of the cultured meat market in the forecasted period. The shift of consumers towards a nutritional diet and rising concerns regarding food safety are anticipated to boost the demand for more sustainable solutions such as lab-grown meat products. Cultured meat production offers environmental benefits including less deforestation, zero animal cruelty, relatively low usage of the land, water, antibiotics, and other resources, and hence, gaining importance as a sustainable solution. However, the high production cost of cultured meat may hamper the growth of the market.

According to Ken Research estimates, the Global Cultured Meat Market – valued at around US$ 100 Mn in 2019 and estimated to reach nearly US$ 300 Mn by 2022 – is expected to grow to around US$ 2,000 Mn opportunity by 2030.

2. Rising Inclination Towards Environmental Sustainability is Driving the Market Growth

The increasing concern regarding the harmful environmental impact of the production of meat like chicken, beef, pork, and others is expected to increase the demand for sustainable solutions like cultured meat in the market. Cultured meat comparatively utilizes less land, low usage of water, and other environmental resources moreover aimed towards animal welfare and environmental sustainability, which is likely to propel the growth of the Global Cultured Meat Market.

The below graph depicts the comparison of the environmental impact of cultured meat, beef, pork, chicken, and plant-based meat.

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3. High Prices of Cultured Meat Compared to Conventional Meat Is the Most Significant Barrier to the Growth of the Market

The high prices of Cultured Meat due to the high consumption of energy as well as the additional cost of growth medium to stimulate cell growth. Conventional meat products are comparatively cheaper as they don’t require a growth medium and the feed utilized for their growth is much cheaper than any growth medium. The high prices of cultured meat and meat products may hamper the growth of the market. However, extensive research and development are going on to bring down the production cost of cultured meat.

The below graph depicts the comparison in prices of ground beef and cultured meat in US$ per pound.

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

Global Cultured Meat Market

3 Key Insights on US$ 50 Bn Opportunity in the Global Canned Seafood Market: Ken Research

Driven by Rising Health Awareness Among People, an Increasing Demand for Processed and Convenient, and Advancements in Manufacturing Technology, the Global Canned Seafood Market is Forecasted to Reach US$ 50 Bn by 2028 says Ken Research Study.

Seafood that has been heated, processed, and sealed in an airtight container, such as a tin can, is considered canned or tinned seafood. One to five years are typically the shelf life provided by canning, which is a form of food preservation.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Sustainability Concerns Have Increased the Market’s Growth Rate

According to Research estimates, the Global Canned Seafood Market – which was valued from around US$ 20 Bn in 2017 to nearly US$ 30 Bn by 2022 – is expected to grow further to more than US$ 50 Bn opportunity by 2028.

As consumer concern for environmentally and socially responsible seafood procurement grows, consumers have begun choosing fish items that are acquired sustainably. This has led to an increase in the number of canned salmon suppliers looking to buy raw materials from fisheries that are Marine Stewardship Council (MSC) and Aquaculture Stewardship Council (ASC) certified to support the sustainable initiative and ultimately increase the market's sales of canned seafood.

2. Increasing Health Concerns to Propel the Market Growth

The Global Canned Seafood Market is expanding as consumers become more aware of the health advantages provided by these products. Omega-3 fatty acids, which are crucial for overall health and wellness, are abundant in canned fish. According to the Office of Disease Prevention and Health Promotion's Dietary Guidelines, many varieties of seafood offer a reasonably high protein-to-calorie ratio, with about 7 grams of protein per ounce.

Alpha-linolenic acid (ALA), eicosapentaenoic acid (EPA), and docosahexaenoic acid are the three major omega-3 fatty acids (DHA). Fish and other seafood include DHA and EPA. Consuming fatty fish and other seafood as part of balanced diet aid in maintaining heart health as well as shields from severe heart conditions. Triglyceride levels can be reduced, for instance, by increasing EPA and DHA intake through food or nutritional supplements. It is, therefore, positively impacting the Canned Seafood Market. To lower the chance of developing certain heart conditions, the American Heart Association (AHA) advises the intake of one to two servings of seafood every week.

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3. Harmful Metal Components Found in Some Fishes to Affect the Market Negatively

Predatory species caught in locations with high metal concentrations like high mercury levels are unfit for human consumption and harm the consumer excessively. Some fish collect pollutants including lead (Pb), cadmium (Cd), and mercury (Hg), which are only tolerated at extremely low levels in the human body. Although there are very few dangerous metals in the oceans, larger concentrations can be found in certain places, such as in waters that have been contaminated by chemical and geological processes.

Mercury accumulates up the food chain making it dangerous for consumers’ health, predatory species caught in locations with high mercury concentrations can have high mercury levels. As a result, eating canned fish collected from such areas becomes the main method for exposing people to mercury and other metals in turn limiting the Canned Seafood Market growth.

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

Global Canned Seafood Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

3 Key Insights on US$ 15 Bn Opportunity in the Global Plant-based Meat Market: Ken Research

Driven by Consumers’ Preference for Vegetarian Alternatives due to Growing Concerns About their Health and the Welfare of Animals, the Global Plant-based Meat Market is Forecasted to Reach $15 Bn by 2028 says Ken Research Study.

Plant-based meat is composed of protein, fat, vitamins, minerals, and water, similar to meat derived from animals. Modern plant-based meat is similar to regular meat in terms of flavor, look, and preparation. Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Rising Environmental Concerns to Propel the Market Growth

According to Research estimates, the Global Plant-based Meat Market – which was valued at around US$ 3 Bn in 2017 to reach nearly US$ 7 Bn by 2022 – is expected to grow further to more than US$ 15 Bn opportunity by 2028.

The physical characteristics of typical meat products are mimicked in meat replacements, which also share their flavor, texture, and look. Plant-based meat was primarily created to replace or lessen human reliance on animal meat. It is made from different kinds of materials like soy, pea, and wheat are some of the most commonly used raw ingredients for producing these foods. Compared to meat from animals, it is considered to be healthier and more environmentally friendly.

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2. Change in Consumer Behaviour to Positively Impact the Market Growth

Consumer food choices are changing considerably on a global scale. People are becoming more conscious of the importance of maintaining a healthy lifestyle and choosing a balanced approach to protein intake. To ensure that they stay active and healthy for a long time, consumers are taking a proactive approach and increasing their protein intake. As a result, they are altering their eating patterns and increasing their intake of plant-based protein foods.

Alternative proteins, such as meat replacements, are growing in popularity due to this reason. As a result, consumers are increasingly adopting vegetarian or flexitarian diets to either eliminate or reduce their meat intake and so indirectly lower carbon footprints, in turn expanding the Global Plant-based Meat Market.

3. Shortcomings in the Imitation of Plant-based Meat Impose a Negative Impact on the Market

Few plant-based meat products are much higher in contents like calories and saturated fatty acids which are considered quite harmful to the human body. Products like plant-based burgers have high calorie and saturated fat levels in comparison to meat-based burgers. The high salt content of the burgers may cause problems for the consumer's heart. The increasing use of these products could result in health problems, which impede the market's ability to grow in terms of revenue. Additionally, some plant-based meat substitutes are unhealthy due to their high processing levels, chemical additives, and fillers. These elements could have an impact on the market expansion.

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

Global Plant-based Meat Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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Key Insights on Competitive Landscape in Global Thermoplastic Polyurethane Market: Ken Research

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Few Global Players Dominate the Market despite the Presence of about ~300 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Thermoplastic Polyurethane Market by Ken Research

Thermoplastic Polyurethane is an elastomer that can be processed using various conventional methods such as injection molding, extrusion, and compression molding. Thermoplastic Polyurethane (TPU) has the characteristics of both plastic and rubber and thus exhibits properties like durability, flexibility as well as excellent tensile strength. It is a type of block copolymer consisting of alternating sequences of hard and soft segments that makes it ideal to be used for applications such as footwear, wire and cable, film and sheet, compounding, adhesives, and specialty molded parts.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Constitute ~20% of the Total Number of Competitors, While Country-Niche Players Dominate Representing ~50% of Total Competitors.

A comprehensive competitive analysis conducted during the Research Study found that the Global Thermoplastic Polyurethane Market is highly competitive with ~300 players, including globally diversified players, regional players, and many country-niche players. The country-niche players comprise about ~50% in terms of the number of companies followed by regional players with ~30% of the total competitors. All the players are manufacturing thermoplastic polyurethane by incorporating any or all of the raw materials such as polyols, diisocyanate, and diols. Majority of the companies are involved in making extruded thermoplastic polyurethane (TPU) polyester products for various end-use industries such as footwear, automotive, construction, aerospace, energy & power, medicals, and others.

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The Increasing Demand for Thermoplastic Polyurethane Products in the Automotive and Footwear Sector is expected to be the Primary Driver of the Market

Detailed comparative analysis of key competitors available within the Research Study shows that major players such as 3M, BASF SE, Huntsman International LLC, KURARAY CO., LTD., and others are highly focused on providing a significant number of Thermoplastic Polyurethane products that can be used across multiple end-user industries, including healthcare, food packaging, electrical & electronics, automotive, construction, footwear, and more. Furthermore, several companies and organizations are aggressively focusing on acquisitions and mergers with specialized players for the development of techniques used in the manufacture of Thermoplastic Polyurethane plastic materials.

In September 2022, Novoloop, a leading player in plastic circularity, announced its partnership with the Swiss sports brand, On. The company manufactured the world’s first chemically upcycled TPU, featured as the outsole for On’s newest carbon capture consortium shoe, Cloudprime.

In March 2020, The Lubrizol Corporation extended its Thermoplastic Polyurethane line in its Songjiang (Shanghai) China plant. With this product line enlargement, the company built its presence strong in the Asia Pacific region by fulfilling the high demand for specialty elastomers.

In October 2021, Covestro AG expanded its portfolio of circular TPU products, manufactured with ISCC Plus-certified mass-balanced TPU grades. The new products are produced using renewable or bio-based raw materials and have a reduced carbon footprint in comparison to their fossil-based counterparts.

Increased Government Initiatives and New Strategical Investments in the Polymers Industry Promoted Sustainable Plastics Products Which Led to Major Industry-Wide Developments, Acquisitions, and Product developments in the industry.

The Governments of many developed countries are committed to achieving zero plastic waste by establishing recycled content standards that drive the demand for recycled plastic, including thermoplastic polyurethane products. For instance,

In May 2021, the U.S. Department of Energy (DOE) invested US$ 14.5 million for research and development related to the recycling of single-use plastics. The project helped the region in developing viable solutions for designing plastics that are more recyclable and biodegradable.
In February 2022, the Ministry of Environment and Climate Change in Canada developed a set of new regulations stating minimum percentage requirements of recycled content for items made of plastic. The strategy works in collaboration with governments of different provinces and territories and imposes regulations on plastic manufacturers for the production of new plastic products.

Various leading players are developing new thermoplastic polyurethanes products that can be used in various end-use industries. For instance,

In November 2021, APS Elastomers, a thermoplastic elastomers supplier expanded its portfolio by partnering with an Italy-based thermoplastic polyurethanes manufacturer, Epaflex Polyurethanes Spa. The company included extrusion-based series, Epaline TPUs in its portfolio of products.

In April 2019, Adidas introduced the Futurecraft Loop design, running shoes made from 100% recyclable TPU. The company manufactured its shoes with TPU Boost cushioning technology.

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Key Topics Covered in the Report

Snapshot of Global Thermoplastic Polyurethane Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Thermoplastic Polyurethane Market
Historic Growth of Overall Global Thermoplastic Polyurethane Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of Global Thermoplastic Polyurethane Industry
Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
Covid-19 Impact on the Overall Global Thermoplastic Polyurethane Market
Future Market Forecast and Growth Rates of the Total Global Thermoplastic Polyurethane Market and Segments
Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
Analysis of Global Thermoplastic Polyurethane Market
Major Production/Supply and Consumption/Demand Hubs within Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Region

Notable Major Companies Mentioned in the Report

3M
BASF SE
Coim Group
Covestro AG
Huntsman International LLC
KURARAY CO., LTD.
Tosoh Corporation
Sumei Chemical Co. Ltd
The Lubrizol Corporation
Epaflex Polyurethanes Spa

Notable Emerging Companies Mentioned in the Report

Omni Technologies
Foster Polymer Distribution
H.B. Fuller Company
Kent Elastomer Products
SHANDONG INOV POLYURETHANE CO., LTD.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Thermoplastic Polyurethane Manufacturers
Thermoplastic Polyurethane Suppliers
Polyurethane Manufacturers
Polyols Suppliers
Diisocyanate Suppliers
Diols Suppliers
Thermoplastic Polyurethane Distributors
Emerging and Startup Thermoplastic Polyurethane Companies in the Market
Different Types of Thermoplastic Polyurethane Institutes
Government Ministries and Departments of Chemicals and Polymers
Importers and Distributors of Thermoplastic Polyurethane
Environmental Regulatory Authorities
Investment Banks and PE Firms focused on Chemicals Sector
Potential Entrants into Thermoplastic Polyurethane Industry

Period Captured in the Report

Historical Period: 2017-2021
Forecast Period: 2022E-2028F

For More Information on the Research Report, refer to below links: –

Global Thermoplastic Polyurethane Market: Ken Research

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3 Key Insights on Competitive Landscape in Global Refractories Market

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Few Large Global Players Dominate the Market Holding ~50% of Revenue Share Despite Presence of about 500 Competitors Comprising a Large Number of Regional Players and Country-Niche Players, finds a recent market study on Asia Pacific Virtual Reality Market by Ken Research.

Global Players Who Comprise 5% in Terms of Number of Competitors Hold Dominant Revenue Share

Competitive Analysis by the Ken Research Study found that the Asia Pacific Virtual Reality market is highly competitive with ~500+ players which include globally diversified players, country-niche players as well as a large number of regional players having their own niche in Virtual Reality development and execution for specific segments. The large global players even though comprise just about 5% in terms of the number of companies, hold ~50% of the market revenue share followed by regional players which account for ~25% of the market revenue. Most of the country-niche players have specialized experiences to offer catering to a particular end-user industry or technology.

Specialist Players within Asia Pacific Virtual Reality Market Earn a Major Chunk of their Overall Revenues from this Segment

Detailed Comparative Analysis of Key Competitors revealed that for specialist player Eon Reality, the company’s Virtual Reality businesses generate ~75 of its global revenues. While for diverse players the share can be anywhere in the range of 1% to 5%. All leading global competitors are having a strong presence in the Asia Pacific Virtual Reality market and offer comprehensive Virtual Reality solutions.

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

Top Companies in Virtual Reality Market | Competitors in Virtual Reality Market

During and After the COVID Pandemic, Virtual Reality Witnessed Significant Growth as Businesses Started Adopting the Technology to Make Remote Management and Learning More Efficient

The outbreak of the Covid-19 pandemic initially resulted in supply chain disruptions, resulting in irregular deliveries of components, devices, equipment, and other relevant hardware required for the VR industry to grow. Moreover, reduced availability of in-house staff also decelerated the pace of production. However, for many industries, VR eventually became the tool to combat the effects of the pandemic, gradually boosting production in this space. Industries like healthcare used it to train medical professionals in a simulated environment. Defense and security authorities could continue training their fighter pilots, while travel and tourism companies – severely hit by the pandemic-induced restrictions – started offering fun experiences through VR. VR helped many other industries to simulate physical experiences in a virtual environment and continue with their businesses. Examples of such application areas of VR included retail pop-ups, car dealerships, bank branches, etc. All these factors helped the market get back on a growth trajectory since 2021. The market is expected to witness steady growth owing to the cost reduction benefits a simulated environment, created through the applications of VR technology, has to offer.

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Increased adoption of Virtual Reality in the Asia Pacific led to major industry-wide developments, acquisitions, collaborations, and deal-wins

In September 2022, Meta collaborated with Qualcomm to design a customized chipset for extended reality platforms to deliver the next-generation platforms and core technologies to accelerate a fully immersive metaverse.
At mobile world Congress 2022, HTC announced that HTC VIVE and Holoride would work together to bring VR entertainment to car passengers leveraging the advancement of 5G technology.
In January 2022, Microsoft acquired Activision Blizzard which will bring experience and community of gaming to everyone. Activision Blizzard Inc. is a leader in gaming development and interactive entertainment content publishing and this acquisition will help the company to accelerate growth in Microsoft’s gaming business and will provide building blocks for the metaverse.
Qualcomm is collaborating with VictoryXR to provide the Oculus Quest 2 headsets powered by the Qualcomm Snapdragon Mobile platform for VictoryXR’s VR education program.
In September 2022, Sony Interactive Entertainment announced a partnership starting with 3 million contributions to USC Games Gerald. The partnership of Sony Interactive Entertainment with USC Games is expected to offer students game development and design studying opportunities.

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

Potential Investors in Virtual Reality Companies

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3 Key Insights on US$ 450 Bn Opportunity in the Global Athleisure Market: Ken Research

Driven by an Increase in Consumer Fitness and Health Consciousness, Fueling Desire for Stylish Yet Comfortable Clothing, the Global Athleisure Market is Forecasted to Cross US$ 450 Bn by 2028 says Ken Research Study.

Athleisure is a hybrid style of clothing that combines athleticism and leisure and is intended to be both comfortable and durable enough for active use. It is frequently worn during athletic events as well as in other places, such as the workplace, school, or other informal or social gatherings.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Advanced Features in Sports Apparel Have Increased the Market’s Growth Rate

According to Research estimates, the Global Athleisure Market – which was valued from around US$ 200 Bn in 2017 to nearly US$ 300 Bn by 2022 – is expected to grow further to more than US$ 450 Bn opportunity by 2028.

New products are being introduced by manufacturers that were manufactured with sturdy, long-lasting materials. Consumer interest has been piqued by the availability of sports apparel with improved features like moisture management, temperature control, and other performance-enhancing qualities that reduce the risk of injury and discomfort.

Due to all of these distinctive traits, customers are willing to pay more for these extra advantages. Thus, it has become more common for people to dress in sporting gear while enjoying their free time.

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2. Increasing Wellness Trend to Propel the Market Growth

Wellness has developed from a specialized lifestyle choice to a new status symbol and an industry-spanning expression of personal values that spans high-end travel, high-end beauty, and exercise. Streetwear athleisure trends, which are driven by modern affluent customers' need to combine comfort and style, have had a big impact on luxury fashion. Luxury brands are releasing new athletic products including shirts, leggings, and shorts to capitalize on the rising athletic wear which is in turn benefiting the Global Athleisure Market as today's wealthy shoppers require more luxurious clothing options that are both convenient and fashionable.

3. Increasing Product Sales of Counterfeit Products Impacted the Market Negatively

Consumer fraud in the form of product counterfeiting occurs when a product is sold under false pretences. Products that are unlawfully manufactured yet seem like the real thing are called counterfeits. These products are often of lesser performance, dependability, or durability. It is important to learn as much as possible about the marketplaces for luxury goods and counterfeit goods, as well as about the consumers in each of these areas. Due to the customer's reliance on the seller's information, which is susceptible to manipulation, many counterfeit items are bought online.

The Internet enables counterfeiters to market fraudulent items without first being examined by consumers. Therefore, if the product is presented online in an intricate and sophisticated fashion, it will positively affect users' impressions of the legitimacy of items, which will enhance users' readiness to buy online. This is, therefore, negatively impacting the market growth.

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

Global Athleisure Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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3 Key Insights on Competitive Landscape in Global Pet Food Market: Ken Research

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Few Diverse Global Players Dominate the Market Holding ~45% of Revenue Share Despite the Presence of about ~200 competitors comprising a Large Number of Country-Niche Players and Regional Players, finds a recent market study on Global Pet Food Market by Ken Research

Pet foods are specialized foods produced from plant-based or animal-based food ingredients and prepared to meet the nutritional needs of domesticated animals. Pet foods are created in unique forms and have eye-catching hues to appeal to owners, and special flavor enhancers are added to enhance the taste so that animals can easily consume the food. Pet food is animal feed that is meant to be consumed by pets. It is commonly available at pet stores and supermarkets and is particular to the animal, such as dog food or cat food.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Global Players Who Comprise 20% in Terms of the Number of Competitors Hold the Dominant Revenue Share

Competitive Analysis by the Ken Research Study found that the Global Pet Food Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in the pet food. The regional players comprise just about ~45% in terms of the number of companies, followed by country-niche players accounting for ~35% in terms of the number of companies. Most of the country-niche players are raw material suppliers. Some of these who successfully evolve to create pet food products often get acquired by large global players seeking to grow and diversify quickly.

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2. Leading Specialist Global Players' Ongoing Efforts To Provide Pet Food To a Variety of Industries Drive the Growth of the Market

Detailed comparative analysis of key competitors available within the Research Study shows that specialist company, such as Hill's Pet Nutrition, Inc. The J.M. Smucker Company and Nestlé Purina are highly focused on providing a significant number of pet food products that can be used across the pet industries.

In October 2019, Hill's Pet Nutrition introduced a new line of functional dog treats that are specially made to help dogs with weight issues, physical issues, food allergies, and dental issues.
In July 2021, KARMA, a new line of plant-first dog food from Mars Petcare, was introduced. The best novel and inventive dog food is Karma. For the ideal combination of flavor and nutrition, this plant-first dog food is made with more than 60% plants and enhanced with white fish or real chicken.

3. Government Initiatives to Aid in the Expansion of the Global Market for Pet Food Market

In April 2021, the Indian government has taken action to close the demand-supply gap and also is supporting the private sector to invest in the establishment of an animal feed plant under the US$ 15 billion worth Animal Husbandry Infrastructure Development Fund (AHIDF) scheme, as per statements that the pet industry in India is growing at a faster rate.

In September 2019, the USA Department of Agriculture (USDA), Veterinary Services regulates raw pet food as a commercial good and necessitates importers to apply for and acquire an import permit before entering the USA with these items due to the elevated danger of animal infections.

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Key Topics Covered in the Report

Snapshot of the Global Pet Food Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Pet Food Market
Historic Growth of the Overall Global Pet Food Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of the Global Pet Food Industry
Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
COVID-19 Impact on the Overall Global Pet Food Market
Future Market Forecast and Growth Rates of the Total Global Pet Food Market and by Segments
Market Size of Application Segments with Historical CAGR and Future Forecasts
Analysis of Global Pet Food in Major Regions
Major Production/Supply and Consumption/Demand Hubs within Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

Mars, Incorporated
Hill's Pet Nutrition, Inc.
The J.M. Smucker Company.
Schell & Kampeter, Inc.
The Hartz Mountain Corporation
Nestlé Purina
Blue Buffalo Company, Ltd.
Wellness Pet Company, Inc.
Tiernahrung Deuerer GmbH
Head up for tails

Notable Emerging Companies Mentioned in the Report

Lafeber Co.
4Legs Pet Food Company
Champion Petfoods.
Betagro Public Company Limited
Fromm Family Foods LLC.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Pet Food Companies
Animal Welfare Associations
Pet Food Manufactures
Pet Food Supplier
Company Research and Development Institutes
Market Research & Consulting Firms
Banking and Financial Service Providers
Government & Regulatory Authorities
Raw Meat Suppliers
Investors in Pet Food Start-ups
Start-ups & Incumbents in Pet Food Sector
Certification & Inspection Companies
Marketing Agencies
Online Retail Platforms

For More Information on the Research Report, refer to below links: –

Global Pet Food Market: Ken Research

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3 Key Insights on US$ 125 Bn Opportunity in Global Pet Food Market: Ken Research

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Some of the primary factors which are driving the pet food market are an increase in per capita disposable income, an increase in the tendency of nuclear families, and a quick increase in humanization, the Pet Food Market is Forecasted to Reach US$ 125 Bn by 2028 says Ken Research Study.

According to Ken Research estimates, the Global Pet Food Market – which grew from around US$ 75 billion in 2017 to nearly US$ 95 billion in 2022 – is expected to grow further into a ~US$ 125 billion opportunity by 2028.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

Increasing Pet Food Manufacturers' Innovation to Positively Influence the Market

To meet the needs of diverse species of animals belonging to various age groups, the major players in the global market are concentrating on releasing a variety of pet food products. This is expected to drive global market demand. Companies including General Mills, Nestle, and Mars Inc. have launched luxury food items in recent years to attract customers' attention and meet the requirements of expanding pet foods. For instance, to better utilize the resources of the planet, Nestle Purina introduced pet food in November 2020 that is based on alternative proteins. Insects and millet and fava bean proteins are included in the variety.

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Growing Pet Humanization Propelling the Growth of the Global Pet Food Market

Pet humanization has gained a lot of attention in the mainstream media recently. A significant and defining trend in the pet food industry, particularly in industrialized nations, is the transition from pet ownership to pet parenting. In developed nations, more than one-third of families have a pet. According to the National Pet Owners Survey (2019–20), which was done by the American Pet Products Association (APPA), more than 85 million households in the USA have one or more pets, with dogs making up the majority of those. It follows that the pet food market is expected to grow as pets become more humanized.

Pets are now seen as members of the family as a result of this trend toward pet humanization. Consumers' willingness to spend more on pet food is influenced by the growing attachment between pet owners and their animals. Consumers are becoming more concerned about their pets' health and are purchasing high-nutritional-value pet food for the benefit of their beloved dogs. Nowadays, pet owners are looking for pet consumables that are not only locally produced and natural but also have special health benefits.

Pet Food's High Cost and Stringent Regulations Hampers Market Growth.

Pet food is one of the food items with stringent regulations, particularly in western markets. Pet foods are carefully inspected in developed markets at every stage, from the ingredients used in food preparation to sales and marketing. The high standards required for commercialization may be a significant barrier to the market's expansion. Additionally, a barrier to the market's expansion may also be some developing economies' lesser acceptance of premium or expensive pet foods.

Request For Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDYz

Key Topics Covered in the Report

Snapshot of the Global Pet Food Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Pet Food Market
Historic Growth of the Overall Global Pet Food Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of the Global Pet Food Industry
Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
COVID-19 Impact on the Overall Global Pet Food Market
Future Market Forecast and Growth Rates of the Total Global Pet Food Market and by Segments
Market Size of Application Segments with Historical CAGR and Future Forecasts
Analysis of Global Pet Food in Major Regions
Major Production/Supply and Consumption/Demand Hubs within Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

Mars, Incorporated
Hill's Pet Nutrition, Inc.
The J.M. Smucker Company.
Schell & Kampeter, Inc.
The Hartz Mountain Corporation
Nestlé Purina
Blue Buffalo Company, Ltd.
Wellness Pet Company, Inc.
Tiernahrung Deuerer GmbH
Head up for tails

Notable Emerging Companies Mentioned in the Report

Lafeber Co.
4Legs Pet Food Company
Champion Petfoods.
Betagro Public Company Limited
Fromm Family Foods LLC.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Pet Food Companies
Animal Welfare Associations
Pet Food Manufactures
Pet Food Supplier
Company Research and Development Institutes
Market Research & Consulting Firms
Banking and Financial Service Providers
Government & Regulatory Authorities
Raw Meat Suppliers
Investors in Pet Food Start-ups
Start-ups & Incumbents in Pet Food Sector
Certification & Inspection Companies
Marketing Agencies
Online Retail Platforms