Global Food Deaerators Market is expected to reach a market size of US$ 400 million by 2028: Ken Research

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Deaerators are used in a variety of sectors where steam is produced from boiler-feed water using a boiler. Deaerators aim to remove dissolved oxygen and unwelcome dissolved gases from boiler feed water before it enters boilers. Food deaerators are used to release trapped gases from liquids, including oxygen. Food deaerators are adept at releasing trapped gaseous air from liquids by spreading the liquid in a thin film on a rotating disc while under a strong vacuum. Many beverage products, including dairy goods, fruit drinks, and alcoholic beverages, require food deaerators.
According to Ken Research Analysis, the Global Food Deaerators Market was valued at ~US$ 230 million in 2017. It is estimated to be ~US$ 300 million by 2022 and is expected to reach a market size of ~US$ 400 million by 2028 growing at a CAGR of ~5% during the forecast period (2022-2028). One of the main drivers of market growth is the expansion of the food and beverage sector.

• Food deaerators are devices that take the gases out of the liquids. To extract the dissolved gases from the liquid, it is spread out on a rotating disc and placed in a high vacuum. The market is anticipated to develop as the food and beverage industry expands. The industry is expected to increase as a result of rising customer demand for food goods with an extended shelf life.
• Government spending on machinery and equipment for the food processing industry is improving the market's prospects for expansion. The market is expected to expand as a result of technological investment in the creation of new food and beverage processing equipment.
• There are numerous uses for food deaerators in the industry, but the investment cost associated with the equipment is one of the biggest obstacles for the food processing sector. Additionally, the cost of production due to an increase in energy and labor costs is one of the main barriers to the market.
• Due to low demand from a variety of industries, including manufacturing, breweries, and food and beverage due to the lockdown enforced by governments of many countries, the market for deaeration machines is anticipated to decline in the year 2020. Due to the protracted lockdown in many developed nations, the COVID-19 pandemic has halted the manufacture of several items in the deaeration machine business. This has considerably slowed the market for food deaerators in recent months. Equipment and machinery sales have already been impacted by COVID-19 in the first quarter of 2020, and the market growth is projected to suffer throughout the year.

Key Trends by Market Segment

By Type: The spray-tray segment held the largest market share in 2021, owing to their effectiveness and efficiency in comparison to other types of deaerators.

• The spray-tray type deaerators, also known as open-top systems, work by spraying the substance inside to help remove dissolved gas. A high-pressure steam injector uses water to spray over the food's surface to remove any air or gases before packaging. Many other types of food, including cooked ham slices, hot dogs, and sausages, can be deaerated with a spray tray.
• The benefits of employing the spray-tray type include the fact that it operates without vacuum or inert gas and consumes very little energy (electricity) because only a low water temperature is needed to heat the components.

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By Function: The oxygen removal segment held the largest market share in 2021, owing to its application that helps in the removal of oxygen from food and beverage.

• A food deaerator is a device that is typically used to remove oxygen from food and beverages, extending the shelf life of goods. These are the elements that are anticipated to enhance demand for deaerators' oxygen removal capabilities in the beverage industry.
• It encourages the extension of the product's shelf life by lowering the concentration of numerous gases, mostly oxygen, and improving the thermal efficiency of the boiler by raising the water temperature. A little more than one-third of the $680 billion (or around 1.3 billion tons) worth of food produced annually is lost or wasted. The meal can be used many days later owing to this method, which also reduces food waste. Additionally, trapped oxygen during the processing of fruit juices may be dangerous. The tastes are enhanced during this process, raising the juice's quality.

By Application: Beverage segment held the largest market share in 2021, due to the increased consumption of beverages in emerging countries worldwide.

• Due to the expanding demand for packaged flavored drinks, food deaerators are increasingly being used in beverage applications. Utilizing this equipment helps to reduce needless oxidation-related waste while keeping the sensory qualities and nutritional content of the finished product.
• Food deaerators are used to remove air from the water phase before packaging operations or following the filtering process to speed up production without sacrificing product quality.

By Geography: North America region held the largest market share in 2021, increasing demand for food deaerators in the beverage industry is driving market expansion in North America.

• The region's rise can be attributed to factors such as increased consumer worries about the safety of consumers around chemicals used in beverages, the developing beverage sector, and rising demand for packaged foods.
• Due to strong demand from end-use sectors such as drinks and processed foods as well as its growing focus on R&D efforts for increasing its product portfolio, the USA, the region's largest consumer of food deaerators, is anticipated to maintain its leadership during the projection period.

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Competitive Landscape

The global food deaerators market is highly competitive with ~150 players which include globally diversified players, regional players, and country-niche players with their niche in the Food Deaerators market.

Country-Niche players constitute ~55% of the competition, while the Regional players are the second largest by type. Some of the major players in the market include GEA Group, JBT., SPX Flow, Parker Boiler, Alfa Laval, The Cornell Machine Company, Mepaco, Stork, The Fulton Companies, Jaygo Incorporated, and among others.
Recent Developments Related to Major Players

• In January 2017, by building a new production campus in Europe, SPX FLOW increased the scope of its production capabilities. The organization was able to grow its clientele in the area because of this development.
• In April 2019, Tipper Tie, Inc. (US) was acquired by JBT Corporation for US$ 160 million. As a result, the business was able to grow its food processing division.
• In January 2019, GEA finalized the acquisition of Slovenia-based filling technologies company Vipoll.

Conclusion

The global food deaerators market is forecasted to continue the positive growth that is witnessed since 2017, government investments in the food processing machinery and equipment sector and rising capital consumption in the beverage industry create attractive growth prospects. Though the market is highly competitive with ~150 players, few global players control the dominant market share and regional players also hold a significant market share.

Note: This is an On-Demand/Planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of two working weeks.

Ken research has published a report title Global Food Deaerators Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 that is segmented by type, function, application, and distribution channel. In addition, the report also covers market size and forecasts for the four region’s food deaerators markets. The revenue used to size and forecast the market for each segment is US$ million.

Market Taxonomy

By Type

Spray-Tray Type

Spray Type

Vacuum Type

By Function

Oxygen Removal

Water Heating

Aroma and Flavor Retention

Others

By Application

Food

Beverages

By Geography

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Spain, Italy)

Asia-Pacific (China, Japan, South Korea, India, Indonesia, Australia)

LAMEA (Latin America, Middle East, Africa)

Leading Companies

GEA Group

JBT.

SPX Flow

Parker Boiler

Alfa Laval

The Cornell Machine Company

Mepaco

Stork

The Fulton Companies

Jaygo Incorporated

Global Commercial Drones Market is expected to grow at a ~15% CAGR from 2022 to 2028: Ken Research

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According to Ken Research Analysis, the global commercial drones market was valued at ~US$ 5 billion in 2017, it is estimated to be ~US$ 12 billion in 2022 and is expected to grow at a ~15% CAGR from 2022 to 2028, with market size of ~US$ 30 billion in 2028. Commercial drones' increased capability in gathering high-resolution images and conducting aerial surveys has resulted in their popularization.

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Key Growth Drivers

• The advancement of remote sensing and surveillance technologies, such as automatic dependent surveillance-broadcast (ADS-B) is driving the demand for commercial drones.
• Favorable government guidelines regarding the use of drones in a number of industries, notably in the ongoing COVID-19 pandemic also accelerating the growth of the Global Commercial Drones Market.
• Higher costs associated with drones, and the lack of farmers’ awareness regarding farming technologies are the challenges to the growth of the commercial drone market.
• The ongoing COVID-19 pandemic has initially disrupted the supply side of commercial drones, but demand has increased significantly later on due to labor shortages across countries.

Key Trends by Market Segment

By Type:  The Rotary segment held the largest market share of the Global Commercial Drones Market in 2021.

• The growth is mainly attributed to the fact that rotary drones are highly adopted and most commonly used across industries due to a number of benefits, including greater versatility, which allows them to fly in areas other drones cannot, stay in a stationary position, and provide vertical take-off and landing (VTOL) functionality.
• They also have increased payload capacity, allowing them to carry far more payload than fixed-wing, and hybrid drones.

By Mode of Operation: The Remotely Operated segment held the largest market share of the Global Commercial Drones Market in 2021.

• The growth is mainly attributed to its popularity and frequent use, as most individuals are not keen to adopt high-tech mechanisms.
• However, as people are becoming aware of advanced technologies, they are opting for hi-tech drones, resulting in increased market growth for autonomous and semi-autonomous drones.

By Application: The Filming & Photography segment held the largest market share of the Global Commercial Drones Market in 2021, owing to the advent of digitalization in photography and the utilization of new technology.

• Aerial photography was previously done using hot-air balloons, airplanes, kites, helicopters, and more. Nowadays, drones are increasingly popular for aerial photography as they are simpler to use and much more cost-effective than renting a helicopter and provide high-quality images and videos from expansive angles.
• Furthermore, drones' associated advanced features, such as computer-assisted smart shots and smart management systems, are also boosting the demand for drones in film industry as well.

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By Geography: North America accounted for the largest market share in the global Commercial Drones market in 2021.

• Increased government expenditure to support the expansion of UAVs/drones is fueling the region's market growth.
• For instance, according to Federal Aviation Administration (FAA), a U.S. government agency, 865,505 drones were registered in the United States in May 2022, with 314,689 of them being commercial drones.
• In July 2020, the United States Department of Defense (DoD) awarded five companies contracts totaling US$ 13.4 million to support the domestic small unmanned aerial system (sUAS) industrial base.
• Furthermore, rising UAVs demand for aerial photography, surveillance, and monitoring activities, along with the presence of well-established market players in countries such as USA and Canada, are also propelling the regional market growth.

For instance, in February 2022, according to Al-Monitor, a U.S.-based online news portal, the U.S. Navy and security partners will patrol Middle Eastern seas with 100 drones by 2023 to improve defenses against illicit activities.

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Competitive Landscape

The Global Commercial Drones market is competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche tech offerings, such as autonomous or advanced navigation systems, increased range, heavy payload, image stitching, red, green, and blue (RGB) color model, and more.

Country-Niche players constitute about ~45% of the market, while regional players hold a share of ~35%. Some of the major players in the market include AeroVironment Inc., SZ DJI Technology Co., Ltd., Parrot SA, SenseFly (AgEagle Aerial Sys), Insitu Inc., Yuneec International CO. Ltd, Autel Robotics, Delair, Ehang Holdings Limited, Aerialtronics, and among others.

Recent Developments Related to Major Players and Organizations

• In September 2022, AeroVironment, a U.S.-based vehicle manufacturer, unveil the new unmanned aircraft system (UAS) named ‘VAPOR Helicopter’, which supports increased endurance and expanded payload capacity to meet evolving needs of defense, commercial, and industrial customers.
• In September 2022, Autel Robotics, a Chinese drone manufacturer, announced the launch of new drones and supporting products, including the new ‘Autel EVO II V3 Series’, a new Live Deck video streaming accessory, and two new smart controllers to support the updated drones.

Conclusion

The global Commercial Drones market is forecasted to continue an exponential growth that is witnessed since 2017. The major driving factor contributing to the expansion of commercial drones is the rising adoption of advanced technologies, including artificial intelligence (AI), and machine learning (ML) across industries and increased application areas, including precision agriculture, aerial imaging, cargo management, traffic monitoring, and others. Though the market is highly competitive with ~100 participants, few global players control the dominant share and regional players also hold a significant share.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within maximum 2 working weeks.

Ken Research has recently published report titled, Global Commercial Drones Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 Market is segmented by type, mode of operation, and application. In addition, the report also covers market size and forecasts for the four major regions' Wax Markets. The revenue used to size and forecast the market for each segment is US$ billion.

Market Taxonomy

By Type

• Fixed Wing
• Rotary
• Hybrid

By Mode of Operation

• Remotely Operated
• Semi-Autonomous
• Autonomous

By Application

• Mapping & Surveying
• Precision Agriculture
• Filming & Photography
• Inspection & Maintenance
• Others

By Geography

North America

• USA
• Canada
• Mexico

Europe

• France
• Italy
• Germany
• Spain
• UK
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• South Korea
• Australia Rest of Asia Pacific

LAMEA

• Latin America
• Middle East
• Africa

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

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The Global Automotive Glass Market – which grew from approximately US$ 15 billion in 2017 to approximately US$ 20 billion in 2022 – is forecasted to grow further into approximately US$ 30 billion opportunity by 2028, owing to the increasing demand for electric, hybrid, and luxury vehicles.

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Key Growth Drivers

• The automotive industry is surging worldwide as manufacturers are continuously upgrading vehicles as per customer demand, and governments’ active involvement to speed up the production of automobiles. Growing demand for smart glass is also one of the key factors driving this market. Smart glass such as HUD can display the fuel level, speed, temperature, and other warnings. According to the Indian Brand Equity Foundation (IBEF), a semi-government trust formulated by the department of commerce mentioned that India’s passenger car market was valued at US$ 32.70 billion in 2021, and it is expected to reach a value of US$ 54.84 billion by 2027. The increasing production of vehicles is likely to boost the demand for the automotive glass market.
• High initial cost to set up a glass manufacturing plant, along with further repair and maintenance costs, is a restraining factor for the automotive glass market. Major players operating in this segment such as Fuyao Glass, Saint-Gobain, and others, preferred to expand their existing plant rather than invest in a newer facility. These strategies restrict players to expand their geographical presence.
• COVID-19 has decelerated the growth of the automotive glass market. This is because of the temporary shutdown of assembly lines, disruption of the supply chain, restriction on manufacturing and construction activities, and decline in the sale of automobiles. But as the market is recovering and restrictions are easing down, it is estimated that the automotive glass market will recover within the forecasted period.

Key Trends by Market Segment:

By Glass Type: Tempered glass segment held the largest market share of the Global Automotive Glass Market in 2021, owing to the lower cost and better durability than other glasses.

• Tempered glass is a type of glass manufactured through heat or chemicals to provide safety. In the event the glass breaks, it does not shatter into big pieces but rather into thousand pieces that do not have a sharp edge.
• Tempered glass is most commonly used because of its lower cost than laminated glass. It is used in the backlite, windshield, and sideline door.

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By Vehicle Type: The passenger car segment accounted for the largest market share in 2021, due to a shift in the trend of consumer behavior and the growing middle-class population.

Passenger cars refer to vehicles designed and constructed for carrying individuals. Comprising of not more than eight seats inclusive of the driver’s seat, and having a maximum mass not exceeding 3.5 tonnes. There are various kinds of passenger cars including sports, luxury, family-oriented, small cars, and sports utility vehicles (SUVs). Growing environmental concerns led to low-emission and lightweight vehicles on the road, which is also a driving factor for the passenger car segment.

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By Application: The windscreen segment held the largest market in 2021, owing to the importance of windscreens in a vehicle structure along with safety concerns.

• Windscreen of a vehicle is the glass window at the front that the driver looks at. The windscreen provides clear vision and acts as a protective shield. The windshield protects all passengers from any external injuries such as accidents or any mishap. Growing demand for smart windscreens is also boosting the growth of this segment.

By End-Use: The OEM segment held the largest market in 2021, because, the majority of the auto glasses are utilized in the production of vehicles.

• OEM generally supplies manufactured products to cater to the demand from the end product manufacturer. OEM products are generally used as a component in the final product of another company.

By Geography: The Asia Pacific accounted for the largest market share within the Global Automotive Glass Market in 2021, owing to rising investment in the auto industry, and growing demand for passenger cars.

• Toyota, Volkswagen, Honda, Geely, and other major automobile manufacturers are continuously improving as per the demand from customers, and shifting customer preferences toward luxury vehicles in China is also fueling the demand in this market.
• According to the International Trade Association (ITA), a USA agency that promotes trade and investment, China continues to be the world’s largest vehicle market by both annual sales and manufacturing output, with domestic production expected to reach 35 million vehicles by 2025.

Competitive Landscape:

The global automotive glass market is significantly competitive with ~100 players which include globally diversified players, and country-niche players as well as a majority number of regional players having their niche in automotive glass manufacturing for OEMs and aftermarket sales.

Regional players constitute ~45% of competitors while large global players constitute ~20%. Some of the major players in the market include FUYAO Glass Industries Co., Ltd., Nippon Sheet Glass Co., Ltd, Saint-Gobain, Xinyi Glass Holdings Limited, AGC Inc., Central Glass Co., Ltd., Corning Incorporated, Guardian Industries Holdings, Sisecam, Webasto Group, and others.

Recent Developments Related to Major Players

• In October 2021, Guardian Glass invested in its Goole, East Yorkshire float glass production plant to increase the company’s ability to supply float glass, primarily to the UK and Ireland.
• In August 2021, Webasto announced the acquisition of Carlex Glass Luxembourg SA. Carlex deals in the manufacturing of glass elements for passenger cars and counts many international carmakers among its customers.
• In June 2021, Corning Inc and Jeep (automobile manufacturer), announced the launch of a windshield for the Jeep Wrangler and Jeep Gladiator with Corning Gorilla Glass.

Conclusion

The Global Automotive Glass Market witnessed significant growth during the period 2017-2021, owing to the growing automotive industry and shifting trend towards smart glass. The growth rate is also expected to remain significant during the forecast period. Though the market is significantly competitive with ~100 participants, the majority of global players dominate the market revenue share, and regional players hold a significant share.

Note: This is a Planned/On-Demand report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for pre-booking clients, and the report delivered within a maximum of two working weeks.

Ken Research has recently published report titled, Global Automotive Glass Market Size, Segments, Outlook, and Revenue Forecast 2022-2028. In addition, the report also covers market size and forecasts for the four regions in the Automotive Glass Market. The revenue used to size and forecast the market for each segment is US$ billion.

Market Taxonomy

By Glass Type	Laminated Glass Tempered Glass
By Vehicle Type	Passenger Car Light Commercial Heavy Commercial Electric Vehicles
By Application	Windscreen Backlite Sidelite Sunroof
By End-Use	Original Equipment Manufacturer Aftermarket
By Geography	North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy) Asia Pacific (China, Japan, South Korea, India, Australia) LAMEA (Latin America, Middle East, Africa)
Key Players	FUYAO Glass Industries Co., Ltd. Nippon Sheet Glass Co., Ltd Saint-Gobain Xinyi Glass Holdings Limited AGC Inc. Central Glass Co., Ltd. Corning Incorporated Guardian Industries Holdings Sisecam Webasto Group

KSA Data Center industry witnessing robust growth in the era of virtualization and Cloud Computing

 

1.  KSA Data Center Market is being driven by rising investments in data centers from private sector and government support towards technology.

Saudi Arabia enjoys a strategic location between Africa and APAC that can easily connect both the regions, which is benefiting the operators to invest in a submarine cable network passing through the country. The growing adoption of smart devices and increasing demand for analytics, cloud adoption, and the growth of wireless networking technologies have led several organizations in Saudi Arabia to invest in big data and IOT technology.

2. Additionally, increasing awareness of cloud services along with adoption of Cloud first policy is fueling KSA Cloud Services Market.

Saudi’s Cloud Services market has seen a tremendous growth due to surge in online activities majorly in all workplace systems along with investments and new market entrants. The COVID-19 outbreak has considerably boosted growth of the cloud services market, owing to the accelerating demand for the cloud to support several crucial applications for efficient business operations. Additionally, new regulations such as requirement of major cloud providers like Microsoft, AWS to have their own software and data center in KSA are fueling growth. However, there is only one electricity provider in KSA while some players like Nournet have their own generators which is a restraint for market growth.

3. Demand for Data Centers has been underpinned by technological advances and this trend is likely to intensify and drive demand in the coming years. 

• The government of the KSA is focusing on e-government concept. KSA has increased its efforts to adopt cloud-computing technology and was one of the earliest countries in the region to adopt specific regulations for cloud service provider.

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• The increase in demand for online retail or e-commerce has acted as a catalyst for the data center industry. Customers want more personalized data and for this data center, services are very helpful. They help in storing and analyzing the data.
• Higher online media consumption and installation of IOT devices and sensors in manufacturing plants along with Govt. programs such as cloud first and investments in data center as well as the burgeoning demand from SMBs for cloud solutions are increasing demand for data storage.

4. Unclear Regulatory Framework, Environmental Conditions, Cyber-attacks and Power Cost are few of the challenges and bottlenecks faced in KSA Data Center Market.

• There are no standalone regulations for KSA Data Center Market, however there are multiple unclear regulations making it tough for foreign IT service providers to tap the KSA DC market.

• Setting high operating temperatures causes a negative ripple effect on the condensers or outdoor chiller units which become an overkill on the efficiency as these cooling units and associated outdoor units are oversized to compensate.

• The rising adoption of cloud services and IOT devices has increased the threat of cyberattacks. KSA ranks number two in the world in terms of data breach costs.

• KSA Data Center power consumption and cost index is considerably higher other middle east countries. The average electricity pricing in Saudi Arabia is $0.069 per kWh for industries, which is comparatively higher than other countries.

The Benefits of Subscribing to Dossier 360, An Industry Research Reports Subscription Platform: Ken Research

 Subscriptions provide you admittance to several research reports as well as continuously updated data so you always have the latest information at your fingertips. Spend less time searching for information and more duration using it to make informative decisions. Subscription-based market research services can be a fool-proof and cost-efficient alternative to individual Fitness Industry Dossier Reports purchasing, making your job easier, more informative, and most of all, more accomplished. Pursue reading to learn about the precise benefits a Market Research Subscription Service can deliver for you and your business.

• Universal license allowing members of organizations to share and utilize research: Market Research Dossier Services can save you from different difficulties when it comes to licensing. Typically, an individual research report is priced at different licensing levels such as single-user, multi-user, and global. It is not uncommon for the global license to cost three times the price of a single-user report. Consequently, specifically with the greater organizations, by purchasing research reports individually, you run the expensive risk of redundant buying to enable the admittance to research reports for multiple users. However, with the subscription service, likewise Ken Research’s Dossier 360, research reports can be shared by colleagues around the organization, and even globally, by proposing global licenses on all involved reports. So, not only can a subscription-based service deliver hassle-free utilization, but it will also assist you to avoid the copyright problems that can occur more primarily when buying research reports individually.
• Tailored Solution: Team of Ken Research at Dossier 360 will work with you to build the subscription that encounters your requirements from our extensive variety of research products.
• Instant Access: Subscription Services provide you instant access to a library of Car Rental Industry Subscription Reports or any industry-specific market research reports. In addition, a subscription enables you to attain access to a selection of our extensive product range aimed at your industry. Simply outline your area of interest and demand and we will assist you to build a subscription that best suits your requirements.
• Improve Market Position: We research as much as we can about your target audiences so you can understand without an individual doubt what it wants. The more you know, the better you can accomplish and carry accurately the message it demands. Moreover, we develop marketing communications to form a research report to direct you to potential new clients as well as present clients.
• Ability to download single tables and segments: At different times, the information required to answer your questions can be found in a precise chart, section, and/or table in the research report. If a company is purchasing individual research reports, you must buy the complete research report to have admittance to even the smallest part. However, when using a subscription service, such as our Dossier 360, you gain admittance to a broader variety of research reports, providing you the ability to extract and target only useful pieces without the cost of buying each research report individually.
• Get Customized Insights: With our Market Research Report Subscription Services, you have the option of personalization so you can be confident you are getting exactly the information you require.

Contact our professional team to know about special discounts for start-ups and non-profit organizations. We also deliver the client with the facility of restructuring prices and modifying subscription packages at any point in the deal.

Get A Holistic View of the Market with Our Research Reports: Ken Research

Ken Research involves gathering data to learn more about target demographics and customers so a business can market itself more efficiently, and, ultimately, succeed in the market. Market Research is a vital part of any business strategy, whether that business is B2C or B2B, big or small, old or new. It delivers the answers companies require to make decisions that will move them forward instead of the back by sanctioning them to base the decisions on data.

Most companies know what market research is and acknowledge its importance in the general sense but may not realize just how crucial market research is to the success of their business. When you require to recognize market trends, understand your core client better, or accomplish a long list of other imperative objectives, market research is the answer.

Significance of Market Research Companies

• Top Market Research Consulting Companies assist in tracing the changing patterns of the market, according to which they set their objectives of acquiring a better existence in the market with significant business profits,
• We as a market research company assist business enterprises to understand the market insights and deal accordingly.
• The method opted by Ken Research helps business enterprises decrease business perils and uncertainty.
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• We carried excellent assistance to the business organizations in grabbing a better knowledge of the clients and their requirements.

Way to Gather Information

Companies opt for the market research for testing the viability of their products or services through interacting directly with the probable clients. With Ken Research, companies could sort out the target markets and get clear views and feedback from the clients in the real-time.

• Primary Research: At Ken Research, primary information gathering is the data that the company has gathered directly or that has been gathered by an individual or business hired to conduct the research.
• Secondary Research: Secondary information is data that an outside entity collects. It entails population information from government data, trade associations research data, or any other presented research from another business functioning in the same market segment.

Why Ken Research?

We as a Top Market Research Company will provide you with insights on which decisions to implement. The research carried out by our professionals will also provide you with an inkling of whether a certain project will be successful or not. Through our market research, you surely get help in developing your product or services. In addition, with our research report, you will get to know the brand reputation and we will assist you in building your brand image.

The market research report of Ken Research is helpful for a content marketer. They can utilize this report for their personal requirements and for their customers. This report by Market Research Consulting Companies assists to prepare RFPs, getting ready for client meetings, and generating content. The research report delivers insights into questions that save the user time. So, there is no requirement to conduct primary research. It also assists you to validate information collected through the primary sources.

The Singapore Online Insurance Market is expected witness a steady growth in the next few years, owing to the implementation of technology enabled services: Ken Research

 1. Singapore Insurance Market is highly fragmented with the top nine players contributing to a major share of market

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The Industry is in a growing stage with the market being highly fragmented. The competition parameters for the market are:

• Product Portfolio
• Number of Policy Holders
• Target for Tele Sales representatives
• Premium collected from Policyholders

2. The target population in the Singapore Online Insurance Market can be segmented by age, gender, income of the insured & type of insurance

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• Target Population by type of Insurance: Insurers can target health & life insurance policies. Demand in Life Insurance owing to the pandemic is expected in medium term. Moreover, a short term demand in travel insurance due to the reduction of travel restrictions in Singapore is also expected.
• Target Population by income of Insured: Households with SGD 40k below are expected to take more insurance policies.

3. The Singapore Online Insurance Market is expected to grow by CAGR of 9.6% between 2021 & 2026F, owing to the implementation of technology enabled services

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• Technology enabled services led by the insurtech innovation will thrive in Singapore. Singapore has one of Asia’s largest concentration of ~80 Insurtech start-ups in 2021.
• An increase in the future motor insurance product offering due to increasing EV vehicles is anticipated owing to Singapore Green Plan 2030

Global Thermoformed Plastics Market is expected to reach USD 60 bn by 2028: Ken Research

 The Global Thermoformed Plastics Market was valued at ~US$ 30 billion in 2017. It is estimated to be ~US$ 40 billion in 2022 and is forecasted to reach a market size of ~US$ 60 billion, growing at a CAGR of ~7% due to the increasing usage in healthcare and food packaging sectors.

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Key Growth Drivers

• Rising demand for effective packaging solutions across all the major industries is the key factor responsible for the growth of the market. Thermoformed plastics are most commonly used to make clamshell packages, package blisters, mailer trays, retail package liners, and many others. The wide acceptance of these products is fuelling market growth.
• Furthermore, thermoformed plastics are also used in the infrastructure and automotive industries. In building and infrastructure, thermoformed plastics are used mainly for insulation applications, whereas in automotive, it has applications in interior and exterior body parts of automobiles.

• The major challenge faced by the market is the volatile prices of the raw materials used for making thermoformed plastics. Hydrocarbon fuels such as crude oil, natural gas, and coal are the most common primary sources of thermoformed plastics. The regulations over the preservation of natural resources act as a restraining factor for the market. Social upheaval in major crude oil-producing countries, including Libya, Venezuela, Nigeria, Iran, and Iraq, has harmed crude oil production, causing demand and supply irregularities. These factors have a short-term impact on the market, causing prices to drop and rise quickly.

• COVID-19 had a detrimental influence on the thermoformed plastics market growth and demand, owing to a worldwide halt in manufacturing operations. The restrictions on supply and transport have impacted the market globally. The pandemic and resulting lockdowns disrupted supply chains on both supply and demand sides, which negatively impacted many manufacturing and service industries such as consumer goods, packaging, agriculture, and others. According to the Government of Canada's Monthly Survey of Manufacturing, 2021, manufacturing sales declined 2.10% to US$ 57.10 billion in April 2021. The market is expected to exhibit significant growth in the forecast period due to surging demand for thermoformed plastics products in the healthcare and pharmaceutical industries

Key Trends by Market Segment

By Product Type:  The Polypropylene (PP) segment held the largest market share in the global Thermoformed Plastics market in 2021, owing to its wide area of applications in food packaging products.

• PP is a thermoplastic polymer and is widely used to produce food packaging products such as cups, trays, margarine tubs, sandwich packs, disposable products, beverage glasses, and microwaveable containers.
• PP material exhibits good chemical resistance and an excellent strength-to-weight ratio that makes it ideal to be used in the healthcare, pharmaceutical, and automotive industries.
• Polymethyl Methacrylate (PMMA) is expected to register the highest CAGR in the industry during the forecast period, owing to its high resistance to weathering and UV light and highly recyclable nature.

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By Thickness: Thin Gauge segment held the largest market share in the global Thermoformed Plastics market in 2021, owing to its huge demand in the healthcare sector for the manufacturing of medical device packaging trays.

• Thin Gauge thermoformed plastics are manufactured through contact, radiant and air heating techniques.
• The global virus spread has resulted in high demand for medical plastics due to which manufacturers are using thin thermoforming techniques to produce plastics for the healthcare industry.

By End-User:The food packaging segment held the largest market share in the global Thermoformed Plastics market in 2021, owing to the properties that allow its usage in high-quality food items requiring safe transportation.

• Food packaging requires extremely good quality packaging material that protects the food from moisture bacteria and older. The demand for thermoformed plastics in the food industry is extremely high as it inhibits any growth of bacteria or pathogens.
• Automotive segment is expected to be the fastest-growing segment during the forecast period, owing to increasing demand for thermoformed plastics in bumpers, cable insulation, carpet fibers, and others.

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By Region: North America held the largest market share among all other regions within the Global Thermoformed Plastics Market in 2021, due to the rapid industrialization and advancements in the packaging industry.

• The growing number of manufacturers and suppliers of thermoformed plastic products in the region is expected to drive the industry.
• The growth of the automotive market and the subsequent demand for lightweight components to improve the efficiency of vehicles are anticipated to drive the regional demand for thermoformed plastics.

The US federal government invested US$ 2,000 billion in infrastructure improvements over ten years, beginning in 2020. The USA has a stable economy and robust financial capabilities that encourage more infrastructure spending in the country. This , in turn, is expected to boost demand for thermoformed plastics in the building industry

Competitive Landscape

The Global Thermoformed Plastics Market is highly competitive with ~300 players, including globally diversified players, regional players, and many country-niche players. Most of the country-niche players are suppliers of raw materials for Thermoformed Plastics used in various end-user industries.

Regional Players Constitute ~35% of the Total Number of Competitors, While Country-Niche Players Dominate Representing ~50% of Total Competitors. Some of the major players in the market include D&W Fine Pack., Genpak LLC, Greiner Packaging, Pactiv LLC, Placon, Silgan Holdings Inc., Sonoco Products Company, Dongguan Ditai Plastic Products Co.,Ltd, Spencer Industries Incorporated, Berry Global Inc., among others.

Recent Developments Related to Major Players and Organizations

• In August 2022, Berry Global launched thermoformed and injection stretch blow molded food packaging products manufactured from recycled PET (rPET). CombiPac, CombiRound, SuperLight, Spoon-in-lid and DeliPac are some of the 100% recyclable thermoformed plastics products used for the food packaging.

• In September 2021, Berry Global invested US$ 110 million to expand its PP thermoforming manufacturing capabilities in North America as part of its long-term strategic growth commitments.

Conclusion

The Global Thermoformed Plastics Market witnessed a a slow growth, owing to the restricted supply-chain worldwide. The demand from various end-use industries was reduced except for healthcare and pharmaceuticals. Due to the high requirement for masks globally during the COVID, thermoformed plastics manufacturers were continuously engaged in the production process. The market condition is expected to get even better in 2022, owing to the consumers’ preference for health and hygiene the market is primarily driven by increasing usage of thermoformed plastics in healthcare, buildings & construction, packaging, automotive, and other industries. Though the market is highly competitive with over ~300 participants, country-niche players control the dominant share in the market and regional players also hold a significant share.

Note: This is an upcoming/planned report, so the figures quoted here for market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients and report delivered within a maximum of 2 working weeks.

Ken Research has recently published report titled, Global Thermoformed Plastics Market Size, Segments, Outlook, and Revenue Forecast 2022-2028. In addition, the report also covers the market size for each of the five regions' Thermoformed Plastics Market. The revenue used to size and forecast the market for each segment is USD billion.

Market Taxonomy

Product Type	Polymethyl Methacrylate (PMMA) Bio-degradable polymers Polyethylene (PE) Acrylonitrile Butadiene Styrene (ABS) Poly Vinyl Chloride (PVC) High Impact Polystyrene (HIPS) Polystyrene (PS) Polypropylene (PP)
Thermoforming Type	Vacuum Forming Pressure Forming
Thickness	Thin Gauge Thick Gauge
End-User	Food Packaging Agriculture Packaging Consumer goods & appliances Healthcare & Pharmaceutical Construction Electrical & electronics Automotive Packaging & Structures
By Region	North America USA Canada Mexico Europe Germany UK France Spain Italy Rest of Europe Asia Pacific China Japan South Korea India Indonesia AustraliaRest of Asia Pacific LAMEA Latin America Middle East Africa
Key Players	D&W Fine Pack. Genpak LLC Greiner Packaging Pactiv LLC Placon Silgan Holdings Inc. Sonoco Products Company Dongguan Ditai Plastic Products Co.,Ltd SPENCER INDUSTRIES INCORPORATED Berry Global Inc.

Global Regenerative Medicine Market is forecasted to grow approximately US$ 70 billion by 2028: Ken Research

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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, regenerative medicine includes therapy such as, 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.

According to Ken Research estimates, the Global Regenerative Medicine Market – which grew from approximately US$ 15 billion in 2017 to approximately US$ 30 billion in 2022 – is forecasted to grow further into approximately US$ 70 billion opportunities by 2028, owing to the growing severe diseases, infections, and cancers. Rising clinical trials and research & development spending on new advanced healthcare processes and facilities by players and governments are also driving the growth of the market.

• Regenerative medicine market is driven by surging trauma cases, genetic disorders, chronic diseases, and other infectious viruses. 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.
• 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.
• COVID-19 has accelerated the growth of the regenerative medicine market. In May 2020, the Global Institute of Stem Cell Therapy and Research (GIOSTAR), received FDA approval for COVID-19 clinical trials with stem cells to treat the COVID-19 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.

Key Trends by Market Segment:

By Product Type: The cell therapy segment held the largest market share of the global Regenerative Medicine market in 2021, owing to the growing availability of regenerative medicine, and advancement in technologies.

• Cell therapy is the transplantation of human cells to replace or restore damaged tissues and cells. Cell therapy is used for curing cancer, restoring spinal cord injuries, autoimmune systems, neurological disorders, and others.
• In September 2022, the Centre for Breakthrough Medicines (CBM) and jCyte announced a multi-year manufacturing agreement. CBM will be manufacturing jCyte’s U.S. Food & Drug Administration’s (FDA) approved regenerative medicine Advance Therapy (RMAT) designated cell therapy, called jCell.

By Material: The biomaterial segment accounted for the largest market share in 2021, owing to the surging infectious viruses and diseases.

• Biomaterials are key components in tissue engineering and regenerative medicine application.  It is used to reduce the burden of disease.
• Biomaterial has ample applications including medical implants, healing human tissues, restoring human cells, molecular probes, biosensor, and others.

By Application: The oncology segment held the largest market in 2021, owing to the rising incidence of cancer worldwide.

• Oncology cures cancer using medication such as chemotherapy, immunotherapy, and targeted therapy.
• In September 2022, Celltrion USA, a biopharmaceutical company, receives U.S. FDA approval for its oncology biosimilar Vegzelma for the treatment of six types of cancer.
• 

By Geography: North America accounted for the largest market share within the global regenerative medicine market in 2021, owing to technological advancement in the healthcare sector, and rising cases of illness and diseases.

• US Department of Health and Human Services, mentioned regenerative medicines are the next evolution of medical treatments. With its potential to heal, this new field of science is expected to revolutionize healthcare. Therefore, the increasing popularity and demand are expected to fuel the regenerative medicine market.
• In March 2021, Amgen Inc., a USA-based company, announced in 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.

Competitive Landscape:

The global Regenerative Medicine market is highly competitive with ~200 players which include globally diversified players, and regional players as well as a significant number of country-niche players having their niche in regenerative medicine testing and surgeries for severe diseases, infections, and wounds.

Regional players held the largest market share by type. While large global players control about 20% of the market share by type. Some of the major players in the market include Integra Lifesciences, Amgen, AstraZeneca, Tissue Regenix, Takeda Pharmaceutical Company Limited, Bayer AG, Novartis AG, Smith+Nephew, Vericel, GSK plc. And others.

Recent Developments Related to Major Players

• In October 2022, Astellas Pharma Inc. and Pantherna Therapeutics GmbH entered into a new technology evaluation agreement for research to generate mRNA-based regenerative medicine programs using reprogramming.
• In January 2021, Integra LifeSciences Holding Corporation acquired ACell Inc., to strengthen comprehensive wound care management solutions.

Conclusion

The global Regenerative Medicine market witnessed significant growth during the period 2017-2021, owing to the rising number of cancer patients worldwide, and continuous upgradation in the technology. The growth rate is expected to remain significant during the forecast period.

Though the market is significantly competitive with ~200 participants, the majority of regional players dominate the market share by type, and global players also hold a significant share.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of 2 working weeks.

Ken Research recently published a report title Global Regenerative Medicine Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 that is segmented by product type, material, and application. In addition, the report also covers market size and forecasts for the four regions in the Regenerative Medicine markets. The revenue used to size and forecast the market for each segment is US$ billion.

Market Taxonomy

By Product Type

Cell Therapy

Gene Therapy

Tissue Engineering

Stem Cells

By Material

Synthetic Material

Biomaterial

Genetically Engineered Material

Others

By Application

Dermatology

Musculoskeletal

Wound Healing

Oncology

Cardiovascular

Ophthalmology

Other

By Geography

North America

USA

Canada

Mexico

Europe

Germany

UK

France

Spain

Italy

Rest of Europe)

Asia Pacific

China

Japan

South Korea

India

Australia

Rest of Asia Pacific

LAMEA

Latin America

Middle East

Africa

Key Players

Integra Lifesciences

Amgen

AstraZeneca

Tissue Regenix

Takeda Pharmaceutical Company Limited

Bayer AG

Novartis AG

Smith+Nephew

Vericel

GSK plc

Global Brain Health Supplements Market is growing at a CAGR of ~10% during 2022-2028: Ken Research

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According to Ken Research Analysis, the Global Brain Health Supplements Market was valued at ~US$ 5 billion in 2017. The market is anticipated to grow significantly throughout the projected period as a result of the higher acceptance of such supplements is a result of consumers' significant change toward proactively addressing their health and wellness and their commitment to enhancing their brain health and general longevity to boost concentration and focus. It is estimated to be ~US$ 8 billion in 2022 and is expected to reach a market size of ~US$ 15 billion by 2028 growing at a CAGR of ~10% during 2022-2028.

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Key Growth Drivers

• The rise in R&D activity in herbal ingredients is the key driver of the rising demand for brain health supplements worldwide. Organic medicines or supplements have a variety of health advantages. As a result, the market's expansion is impacted by the rise in the number of significant companies creating brain health supplements.
• The market for brain health supplements is predicted to be constrained by factors such as consumer misunderstanding of the product's availability, the cost of the supplements, and the fact that people in developing nations do not consider them as an absolute necessity.
• The market for brain health supplements has grown favorably as a result of the COVID-19 pandemic. The deterioration of mental and emotional conditions has resulted in a rise in demand for such products. Due to the uncertainties surrounding the rising number of COVID-19 cases globally, people are constantly becoming more prepared to spend money on brain supplement products.

Key Trends by Market Segment

By Product- Natural Molecules dominated the market in 2021, due acceptance of brain supplements created with natural and organic ingredients as opposed to supplements made with synthetic ingredients.

• This market's expansion is anticipated to be aided by the growing preference for brain supplements manufactured from natural ingredients over synthetic ones. Additionally, businesses are emphasizing the use of natural ingredients in their products.
• The simple accessibility and affordability of the products are credited with the segment's growth. These products' natural components, such as acetyl-L-carnitine, huperzine-A, and omega-3 fatty acids, aid in enhancing attention and reducing stress, anxiety, and depression.

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By Age Group- Adult’s segment dominated the market during the forecast period due to the rising number of adults who started taking supplements for brain health to maintain normal brain function.

• According to U.S. Census Bureau statistics in 2021, there were more than 54 million adults in the country who are 65 years of age or older and accounted for 16.5% of the population of the country.
• According to the United Nations Population Fund (UNFPA) Asia and the Pacific reported that in 2021 one in four individuals would be older than 60 by 2050. Between 2010 and 2050, the number of senior people (those over 60) in the region will quadruple, growing to around 1.3 billion.

By Supplement Form – The capsule segment dominated the market during 2021, due to the simplicity of formulation development.

• Due to the simplicity of formulation development and progress in the pharmaceutical industries to produce safe and efficient supplement forms, the capsules segment dominated the market, and this trend is anticipated to persist during the forecast period.

By Distribution Channel- Drug stores dominated the market in 2021, owing to the rise in number of governments authorize drug stores in USA. They are likely continue dominance during the forecast period, however Online Stores channel is gaining prominence.

By Application- Memory Enhancement segment accounted for the largest market share in 2021, owing to naturally derived brain health supplements preventing anxiety and memory loss concerns.

• The millennial generation is engaging in a broad range of activities outside their primary occupation, such as adventure sports, social events, and part-time work, which needs them to be intellectually awake throughout the day.
• Therefore, it is anticipated that changing consumer habits will increase demand for such products.

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By Geography: North America accounted for the largest market share among all regions in 2021, owing to the demand for such products rising as a result of people's increased attention to mental health issues.

• Most of this is attributed to expanding concerns regarding cognitive and brain health as well as the existence of important players in the region. In addition, given many activities need intense concentration, the thriving sports, and fitness sector is to blame for the region's leading market share.
• According to data from the National Library of Medicine, USA published in April 2020, about a quarter of American adults (24 and older) regularly take nutritional supplements that boost their energy, mental clarity, and performance. Such development is likely to accelerate the country's market expansion.

Competitive Landscape

The Global Brain Health Supplements Market is highly competitive with ~150 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Brain Health Supplements. Large global players constitute ~25% of competitors, while regional players represent the largest number of competitors. Some of the major players in the market include Accelerated Intelligence Inc., AlternaScript LLC.

Aurobindo Pharma Limited, HVMN Inc., Procera Health / KeyView Labs, Inc., Liquid Health, Inc, Natural Factors Nutritional Products Ltd., Onnit Labs, LLC. Purelife Bioscience Co, Ltd, Quincy Bioscience, LLC., and others.

Recent Developments Related to Major Players

• In June 2021, Motiva Supplements introduced "Neuro Booster," the first-ever clinically validated supplement to aid Alzheimer's sufferers and boost brain health. It promotes increased absorption of six essential functional foods.
• Elysium Health Inc. and the University of Oxford collaborated to produce the Longevity supplement for brain health in June 2020. The "Matter" product contains a formulation of particular B vitamins that have been shown in clinical studies to delay brain atrophy related to age-related memory loss. In order to maximize the effectiveness of the B-vitamin complex, it also contains a powdered omega-3 lysine complex with higher bioavailability, along with an anthocyanin-rich bilberry extract that offers additional cognitive benefits.

Conclusion

The Global Brain Health Supplements Market is anticipated to grow significantly during the projected period (2022-2028) due to the widespread recognition and acceptance of supplements. Furthermore, consumers have shifted toward actively managing their health and welfare and have dedicated themselves to improving brain health and general endurance to boost attention and focus. Though the market is highly competitive with ~150 participants, few regional players control the dominant share and country- niche players also hold a significant share. The market size is estimated to be ~US$ 8 billion in 2022 and is expected to reach a market size of ~US$ 15 billion by 2028 growing with a CAGR of ~10% during 2022 to 2028.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of two working weeks.

Ken Research has recently published report titled, Global Brain Health Supplements Market Size, Segments, Outlook, and Revenue Forecast 2022-2028, Market is segmented into Product, Supplement Form, Application, Age Group, and Distribution Channel. In addition, the report also covers market size and forecasts for the four regions. The revenue used to size and forecast the market for each segment is US$ Bn.

Market Taxonomy

By Product

• Herbal Extract
• Vitamins & Minerals
• Natural Molecules

By Supplement Form

• Tablets
• Capsules
• Others

By Application

• Memory Enhancement
• Attention & Focus
• Mood & Depression
• Sleep & Recovery
• Longevity & Anti-Aging
• Stress & Anxiety

By Age Group

• Children
• Adults
• Elderly

By Distribution Channel

• Supermarkets & Hypermarkets
• Drug Stores
• Online Stores
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• Europe
• France
• Italy
• Germany
• Spain
• UK
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia Rest of Asia Pacific
• LAMEA
• Latin America
• Middle East
• Africa

Key Players

• Accelerated Intelligence Inc.
• AlternaScript LLC
• Aurobindo Pharma Limited
• HVMN Inc.
• Procera Health / KeyView Labs, Inc.
• Liquid Health, Inc
• Natural Factors Nutritional Products Ltd.
• Onnit Labs, LLC.
• Purelife Bioscience Co, Ltd
• Quincy Bioscience, LLC.