France Car Finance Market Emerging Players, Revenue, Trends, Analysis: Ken Research

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Ecosystem of France Car Finance Market

The France Car Finance Market is moderately consolidated, with the top companies occupying major share. The major players in this market are Cetelem, Cofinoga, Floa Bank, Younited Credit, Carrefour Banque. France Car Finance Market is expanding as a result of increasing automotive sales, technological advancement, and also strategic partnerships and collaborations with other players.

Key Findings

• Car financing penetration across banks has also improved in the last two quarters, with improved turnaround time and a decrease in the rejection rate of loans.
• Car financing penetration across banks has also improved due to increased affordability of the vehicles, rise of NBFCs and captive players in the market.

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Technological Advancement: In recent years, technological innovation has increased demand for the car financing business dramatically. The most notable technologies employed by financial institutions today to deliver the optimum automotive financial services to their clients are block chain, digital payment systems, and online/mobile banking. The number of individuals eager to use these services has progressively increased in recent years, as disposable money has increased among the general public. The traditional techniques of the automobile financing industry were complicated and time-consuming for the ordinary client. Manually processing the application used to take many days. However, because to digitalization, the identical process now takes only a few minutes. Therefore, the customer can easily avail of quick & hassle-free transactions.

Wide Scope of EV and Used Vehicles: Increased investment in the electric segment is also one of the major factors influencing demand for auto finance. Significant momentum in terms of volume sales is predicted with the existence of a supply chain network for used cars in the market. Furthermore, a considerable shift in people's transportation preferences, such as choosing for individual mobility with their own vehicle, is likely to fuel significant market growth.

Increasing Competition: Mounting rivalry in the automobile industry, which stresses operations, tight credit underwriting regulations, risk management, and other parts of the product that need to be redone, is one of the primary problems that may hamper the market's upward expansion.

Analysts at Ken Research in their latest publication "France Car Finance Market Outlook to 2027F" Driven by Growth in easy availability of credit and Rising Sales of vehicles in the Country. The introduction of new models, along with technological advancement in financing and implementation of favorable government rules & regulations is expected to contribute to the market growth over the forecast period. The France Car Finance Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered in the report: -

        By New and Used Vehicle, 2022 and 2027

• New Vehicle
• Used Vehicle

By Type Vehicle, 2022 and 2027

• Passenger Cars
• Light Trucks

By Lender Category, 2022 and 2027

• Banks
• Captives and BHPH
• Credit Unions
• Private Finance Companies

By Risk Category between New and Used Vehicles, 2022 and 2027

• Super Prime
• Prime
• Non-prime
• Sub-prime
• Deep Sub-rime

By Loan Tenure between New and Pre-Owned Motor Vehicles, 2022 and 2027

• Less than 3 Years
• Three Years
• Four Years
• Five Years
• Six Years
• Seven Years or more

Key Target Audience

• Existing Auto Finance Companies
• Banks
• Captive Finance Companies
• Credit Unions
• Private Finance Companies
• New Market Entrants
• Government Organizations
• Investors
• Automobile Associations
• Automobile OEMs

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Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Period: 2022
• Forecast Period: 2023-2027F

Companies Covered:

Banks

• Cetelem
• Cofinoga
• Floa Bank
• Younited Credit
• Carrefour Banque

Captives, Credit Unions and Finance Companies

• PSA Banque France
• Hyundai auto finance
• BMW Group Financial Services
• Nissan Motor Acceptance Corporation
• GM Financial
• Credit Acceptance

Key Topics Covered in the Report

• Executive Summary
• Research Methodology
• France Vehicle Finance Market Evolution
• France Vehicle Finance Market Overview and Genesis
• France Vehicle Finance Market Ecosystem
• France Vehicle Finance Market Value Chain Analysis
• France Vehicle Finance Market Size
• France Vehicle Finance Market Segmentation
• Major Trends and Development in France Vehicle Finance Market
• Regulatory Framework in the France Vehicle Finance Market
• Snapshot on Digitization of Vehicle Finance in France
• Customer Perspective in France Vehicle Finance Market
• Competitive Landscape containing Company and Product Profiles in the France Vehicle Finance Market
• France Vehicle Finance Market Future Outlook and Projections
• Analyst Recommendations for the France Vehicle Finance Market
• Products

For more insights on market intelligence, refer to the link below: -

Future Outlook of France Vehicle Finance Market

Related Reports by Ken Research: -

US Vehicle Finance Market Outlook to 2023

Indonesia Car Finance Market Outlook to 2024

India EV Charging Equipment Market Revenue is expected to grow at a CAGR of 25.2% from 2021 to 2026: Ken Research

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1. Charging infrastructure in India is currently quite underdeveloped but has huge potential in the near future owing to increasing EV deployment in the country.

EVs are slowly gaining acceptance, with fewer than 2% of vehicles in India being EVs. India's charging infrastructure is still extremely underdeveloped, with up to 26 EVs per charger accessible, compared to only 8 in China and 17 in the US. In India, there are 300 community charging stations, 22 of which are fast-charging points in 202. The India EV Charging Equipment Market, on the other hand, acquired substantial traction with the launch of the FAME India plan. The Department of Heavy Industry (DHI) also intended to incentivize 1,000+ charging stations with 6,000+ chargers, which would be the market's primary growth engine. The significant obstacles in the India EV Charging Equipment Market include a lack of space, infrastructure, and manpower for installation, as well as the high initial cost of charging equipment and installation.

2. India is expected to witness considerable growth in the EV Charging Infrastructure market owing to Strong government Push and Industry Initiatives.

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In recent years, there has been sustained and increased governmental intervention at the state and federal levels to facilitate the development of charging infrastructure. States have implemented fiscal and non-fiscal incentives, such as lower tariff rates for charger manufacturing and operation. Additionally, to encourage people to switch to electric vehicles, the government plans to install at least one EV charging kiosk at each of the country's 69,000 gas stations.

Moreover, there has been a rising trend of hotels, companies, or resorts setting up EV charging stations known as community charging stations at a radius of 40-70 km surrounding cities to set up conventional 15 Amp charge points for electric vehicles and electric bikes. The charging plaza is capable of charging 14 electric cars at the same time. Technically, a plaza has more than one charger with different types of power output for servicing different kinds of automobile models.

3. India’s EV Charging Equipment Market is expected to generate $~120 Mn owing to an increase in market penetration of EVs and a surge in government initiatives for the development of EV charging infrastructure.

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The India EV Charging Equipment Market is likely to create significant revenues as EV market penetration grows and government initiatives to improve EV charging infrastructure expands. The EV sector might contribute $~6 billion in the next five years with the correct government regulations, a local supply chain, decreasing battery prices, and broad charging infrastructure. Additionally, E-rickshaws, eAutos, and e2Ws are the most potential electrification categories in India, with over 4 million units predicted by 2025. Furthermore, the limited number of EV charging stations, the absence of EV charging standards, the surge in demand for luxury and feature-enhanced automobiles, and wireless charging for EVs will have a significant influence on the industry.

4. India’s infrastructural challenges are unique, and, hence, the best e-mobility practices identified in advanced international markets might not be effective or feasible to address India’s problems.

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Drivers in India expect a range of ~400 km from a single charge and expect a 35-minute average charge time, which is not feasible with the current battery technology installed in electric cars. Charge anxiety is about whether or not the EV will find a charging station in the first place. This is followed by the issue of trust. In addition to this, obtaining a reliable electricity connection for an EVSE installed at the EV charging station that is owned and operated by fleet operators is a concern. The cab aggregators/fleet operators operating in multiple states find it difficult when different tariffs for EV charging are charged in different states with many states declaring EV as a separate tariff category. The issue of an increase in peak load of the service areas will require more investment in network up-gradation and procurement of power which will not be profitable for DISCOMs in the long run.

Growth in the EdTech Sector and Government Initiatives to Promote Online Learning is driving the Indian EduFin industry forward: Ken Research

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1.  EduFin Industry has witnessed a Strong Growth Trajectory, which is backed by Funding from Prominent VC firms.

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Over the last several decades, parents have been more reliant on loans to fund their children's education. The shift in thinking toward 'Study Now, Pay Later' has aided the nation's economy and accelerated the pace of digitization. Moreover, the Covid-19 epidemic has expedited the implementation of technology in India's education system, which has usually been sluggish. Learners in India have prioritized learning and upskilling in order to capitalize on possibilities. EduFin firms have been crucial in leveling the playing field by giving loans without collateral, genuinely empowering the young, particularly in Tier 2 and 3 cities where the loan disbursal process comprised cumbersome formalities that discouraged applicants from accessing the same.

2. Education loan segment has seen noticeable buzz in the past couple of years.

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Students and parents are increasingly favoring SNPL, zero-cost, and seamless pay-later solutions in the education finance market. In contrast to traditional choices, there is a rising number of unique customer-centric education finance programs. Additionally, PMVLK is a one-of-a-kind platform for students looking for education loans. It offers students a single-window electronic platform for information access and prepares applications for Educational Loans and Government Scholarships. This program seeks to include all banks that offer educational loans.

This government effort is anticipated to help students across the country by providing a single point of entry to various Educational Loan Schemes offered by all banks. Furthermore, in the last 18-24 months, a new crop of startups, digital lenders, and NBFCs have attempted to fill the void in the education finance space by offering flexible loans at low or zero interest rates, admissions, and career counseling support, and a ‘Study Now, Pay Later’ option - an extension of FinTech’s popular ‘Buy Now, Pay Later.

3. Impact of COVID-19 resulted in a shift in preference towards EdTech courses leading to a boost in the EduFin industry.

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Several prominent EdTech learning platforms in India gave free trial access to their learning content at the start of the epidemic, resulting in a 103% increase in income in FY2021. Due to the closure of schools and physical coaching/test preparation centers, the user base, reach, and engagement on these learning platforms rose dramatically. Several major firms quickly expanded their product categories and capacities through organic and inorganic means.

Additionally, the National Education Policy 2020 (NEP) places an emphasis on technology and the development of e-courses. To encourage online learning in India, government programs such as SWAYAM and DIKSHA have been created. Furthermore, in FY'2021, EduFin firms saw a 114% increase in loan amount disbursal, with an emphasis on tie-ups with prominent EdTech organizations to build a strong hold on the sector. Due to the epidemic, EduFin players such as Eduvanz and Propelld imposed a halt on EMI payments for term loans/interest deferral. However, because of the increased acceptance of EdTech courses/platforms, Covid-19 has advanced the EduFin sector by at least 3-4 years.

4. EduFin Industry offers huge growth potential owing to the rapid adoption of the EdTech sector in India

New entrepreneurs are set to enter the EduFin market, funded by debt funding from VC firms. Partnerships with EdTech firms are intended to strengthen the company's position in the market. In addition to this, the rise of FinTech businesses in the education sector will accelerate the country's digitalization by encouraging more individuals to pursue high-quality education. Despite the severe impact of the Covid-19 outbreak on the country's economy, the digital financial sector has expanded. While the epidemic has expedited the acceptance and use of digital financing, the delicate line between FinTech and banks is gradually blurring. Furthermore, many companies are in the process of launching their credit card for learners and students and aim to become the go-to financing solution for learners in all categories.

Global Printer Market Is Expected to Witness A CAGR Of ~6%: Ken Research

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What is the Size of Global Printer Industry?

Global Printer market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Printer Market is largely driven by advancements in cloud-based printing services, new product launches, and an increase in the numbers of small and medium-sized enterprises.

The R&D investment in technologies like cloud-based printing, laser printing, and 3D Printing is likely to propel the market growth during the forecast period (2022­–2028). For Instance, In April 2021, HP Inc. launched its smartest printing solution called HP+ for small and medium-sized enterprises (SMEs). the HP+ is connected to a smart app and a cloud-based system i.e. users can virtually print from any location. HP+ offers high security with enhanced productivity and sustainability.

The adoption of digitization in Government offices, Banks and Educational Institutes (digitization is the process of converting any document into digital forms such as images, pdf, or Digi locker) acts as one of the major challenges faced by the Global Printer Market.

Furthermore, The COVID-19 pandemic affected the sales of commercial, educational institutes, and government office printers but residential printers have shown a rise in sales. This is due to the lockdown imposed by the government leading to the sudden closure of schools, offices, and government offices.

Global Printer Market by Printer Type

The Global Printer Market is segmented by Printer Type into Multi-Functional and Standalone.

The Multi-Functional Device (MFD) segment is expected to witness the fastest growth during the forecast period, owing to its ability to perform multiple tasks.

The Multi-Functional device (MFD) or Multi-Functional Printer is adopted over standalone due to its ability to perform a variety of other tasks rather than just printing such as photocopier, scanner, and fax machine.

Many small and medium-sized enterprises (SMEs) are now adopting MFD over standalone as it reduces the overall cost drastically.  Furthermore, manufacturing companies are now focusing on developing such multifunctional products.

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Global Printer Market by Technology

The Global Printer Market is segmented by Technology into Dot Matrix Printer, Inkjet Printer, LED Printer, Thermal Printer and Laser Printer.

The laser printer is expected to witness the fastest growth in the technology segment during the forecast period due to its high printing speed.

Laser printers perform at better speed as compared to other inkjet and LED printers because the laser beam in a laser printer can move fast which helps it to print at high speed.

Although laser printer is expensive as compared to inkjet printer their overall operational cost is significantly lower this is because laser printers melt the toner powder on the paper for printing purposes rather than using the costly cartridge that inkjet printer uses.

Global Printer Market by Interface

The Global Printer Market is segmented by Interface into Wired and Wireless.

The wired segment accounted for the major share in the interface segment in 2022 due to its less installation cost.

The wired segment accounts major share of the printer interface market as the installation cost of wired printers is significantly low as compared to wireless printers, as well as wired printers are much faster than wireless printers.

The wireless printer is less secure as compared to the wired printer, as an unauthorized user can use the printer if the Wi-Fi network is less secure.

Global Printer Market by Output Type

The Global Printer market is segmented by Output type into Color and Monochrome.

The monochrome segment held the largest market share in 2022 due to the low price of monochrome printing ink as compared to color ink.

Color printing ink is more expensive as compared to monochrome ink as during printing any color document the printer uses four-color cartridges at once, thus leading to the emptying of cartridges earlier.

While for monochrome, printing the printer uses a single cartridge at a time thus making it more efficient as compared to color ink.

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By Printer Type

• Multi-Functional

• Standalone

By Technology

• Dot Matrix Printer

• Inkjet Printer

• LED Printer

• Thermal Printer

• Laser Printer

By Interface

• Wired

• Wireless

By Output Type

• Color

• Monochrome

By Application

• Residential

• Commercial

• Educational Institutions

• Enterprises

• Government

• Others

By Region

• North America (USA, Canada, Mexico)

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

• Asia Pacific (China, India, Japan, South Korea, Indonesia)

• LAMEA (Latin America, Middle East, Africa)

Key Companies

• Brother Industries Ltd.

• Canon Inc.

• HP Development Company, L.P

• Konica Minolta Inc.

• Kyocera Corp.

• Lexmark International Inc.

• Ricoh Co. Ltd.

• Seiko Epson Corp.

• Sharp Corp.

• Xerox Corp.

For more insights on the market intelligence, refer to below link: –           

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

Future outlook of India Rapid IVD Kits Market: Ken Research

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1. The India Rapid IVD Kits Market is growing at a CAGR of ~113% (FY’2017-FY’2022), owing to a rise in awareness of Rapid IVD Tests due to the pandemic.

The Rapid IVD Kits Industry has emerged as an attractive player in India’s growing healthcare sector and is one of the fastest-growing service segments in the country.

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The sector is largely driven by an increase in healthcare spending by the aging population, rising income levels, rising awareness for preventive testing, advanced healthcare diagnostic tests offerings, and central government’s healthcare measures. Moreover, India has increased budget allocation for the healthcare sector from ₹ 2.6 Lakh Crore in FY’2017 to ₹ 4.7 Lakh Crore in FY’2021² and ongoing healthcare development projects have played a pivotal role in the continued growth. Also, in 2022, the GOI announced ₹ 64,180 crore outlay for the healthcare sector over six years in the Union Budget 2021-22 to strengthen the existing ‘National Health Mission’.

2. With over 250 Mn Application Tests, Parasitology Rapid IVD Tests contributed 55.0% share to the India Rapid IVD Tests market in terms of number in FY’2022

Parasitological test kits dominated the other tests by application in this segment due to the high parasitology disease prevalence across the country. Presently, the high prevalence of various chronic parasitology, Infectious and enteric diseases along with the increasing use of point-of-care (POC) diagnostics and rising awareness and acceptance of personalized medicine and companion diagnostic kits is driving the India Rapid IVD Kits Market. In addition to this, technological advancements in genomics, proteomics, and molecular pathology have helped introduce disease-specific biomarkers with potential clinical value. The integration of biomarkers and the availability of biomolecular tools are expected to help develop a new range of condition-specific tests, thus creating new opportunities for the IVD market.

3. Malaria Rapid Tests dominated the Parasitology Disease Rapid Tests sharing 80.0% out of the total number of Parasitology Test Kits supplied in India Rapid IVD Kits Market, FY’2022.

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Malaria rapid test kits contributed a major chuck of share to this segment in terms of the total number of parasitology disease test kits supplied. Meanwhile, other rapid tests like Dengue rapid tests, Chikungunya rapid tests, and Leishmaniasis rapid tests occupy other parts of the pie. The segment is continuously growing as the government of India has taken several measures for the prevention and control of dengue, malaria, and other Parasitology diseases which includes providing technical guidelines for prevention and control, case management, and effective community participation to the states for implementation. Due to this, as many as 7.26 Lakh IgM tests kits and additional funds to states for procurement of NS1 kits had been provided by the Centre government in 2021.

Bahrain Catering Market is expected to grow at a robust CAGR, owing to the surging focus on healthier meals as well as rising number of tourists: Ken Research

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Bahrain Catering Market is now at the growing stage, owing to the rising adoption of automated kitchen in catering services, surging focus on healthier meals and rising tourism in the nation. The Catering Industry in Bahrain is a fragmented market with key players such as Promoseven Holdings, United Caterers and Contractors and Mohammed Jalal Catering etc.

• Bahrain Catering Market was valued at USD ~ in 2021 and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% during the forecast period (2022P-2027F).
• Surging focus on having healthier meals after the Coivd-19 pandemic has been a major driver for the Bahrain Catering Market.

Rising Demand for Corporate Catering Services: The corporate sector places a high value on catering services because of their benefits, including hassle-free food arrangements, saving time and money, providing a variety of cuisines, and menu customization. Therefore, the demand for catering services has increased as a result of the business sector's rising infrastructure growth, such as building additional offices. Businesses are continually delivering Personalized menus and dining experiences to employees at discounted rates in an effort to recruit and retain the finest talent by improving employee satisfaction and morale, which is fueling the Bahrain Catering Market.

Growing Air Traffic: The demand for a larger plane has increased due to increased air traffic in Bahrain, increased visitor numbers as a result of famous tourist locations, and more corporate travel. Airlines are focusing on offering cutting-edge services through digitalization. In-app ordering and contactless payments are two of the newest developments in the market for in-flight dining services. As a result, airlines are expanding their fleet size to match the growing number of passengers, boosting demand for in-flight catering services.

Rapidly Growing Medical Sector: The hospital catering services play an essential part in the recovery of the patients admitted to the hospitals for a long or short span of time. Hence, the food for patients needs nutritional, and hygienic and should be delivered on time in order to help them recover faster. The majority of the hospitals provide healthy & nutritious food as per the illness & requirements of the patients, and the gravity of nutrition and hygiene has increased substantially after COVID-19. Therefore, the hospital food catering service has a high demand for managing the dietary plan for the patients.

Analysts at Ken Research in their latest publication “Bahrain Catering Market Outlook to 2027F – By Type (Contractual and Non-Contractual), By End User (In-Flight, Oil & Gas, Hospitality, Healthcare, Education, Corporate and Others)” observed that Bahrain Catering Market has shown considerable growth in the last five years. In the upcoming years, it is predicted to expand more rapidly due to rising adoption of automated kitchen in catering services, surging focus on healthier meals and rising tourism in the nation. The Catering Market in Bahrain is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered in the report:-

By Type

Contractual

Non-Contractual

By End User

In-Flight

Oil & Gas

Hospitality

Healthcare

Education

Corporate

Others

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Key Target Audience

Government Bodies and Regulatory Authority

Fintech Companies

Investors and Financiers

Venture Capitalist

New Market Entrants

Banks and its Subsidiaries

Existing Catering Service Providers

Time Period Captured in the Report:-

Historical Period: 2017-2022P

Base Period: 2022P

Forecast Period: 2022P-2027F

Companies Covered:-

Promoseven Holdings

United Caterers and Contractors

Mohammed Jalal Catering

Foosco

Food City

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Key Topics Covered in the Report:-

Bahrain Catering Market Overview

Bahrain Catering Market Segmentation

Ecosystem of Bahrain Catering Market

Market Share of Major Players in Bahrain Catering Market

Industry Analysis of Bahrain Catering Market

Value Chain of Catering Market in Bahrain

Key Growth Drivers of Bahrain Catering Market

End User Analysis of Bahrain Catering Market

Key Challenges of Bahrain Catering Market

SWOT Analysis of Bahrain Catering Industry

Future Outlook of Bahrain Catering Market

Trends and Development of Bahrain Catering Market

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Bahrain Catering Market

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Global Pea Protein Market Outlook, and Revenue Forecast: Ken Research

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What Is the Size of Global Pea Protein Industry?

Global Pea Protein market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Pea Protein Market is largely driven by rise in the number of vegans, the popularity of plant-based & gluten-free goods, and the nutritional advantages of products made from peas.

The market for pea proteins is predicted to increase as a result of consumers' increased focus on their health and the replacement of traditional meat products like sausages and patties with plant-based alternatives. The market for plant-based proteins is anticipated to develop over the course of the estimated period as the number of vegan and flexitarian consumers rises.

ue to growing consumer awareness of their health, consumption of a diet high in protein content has increased dramatically. Furthermore, due to hectic lifestyles, consumers are forced to look for nutrients in packaged food products because they are unable to regularly consume a nutritionally adequate diet. As a result, producers of packaged foods are adding protein and other nutrient-rich components to food products. The primary causes influencing the adoption of a protein-rich diet are the rising prevalence of chronic illnesses brought on by altered lifestyles.

Pea protein market was impacted by the COVID-19 pandemic outbreak. However, as the market for online food and grocery purchases grew in the middle of the 2020s, these sales quickly rebounded.

Global Pea Protein Market by Type

The Global Pea Protein Market is segmented By Type into isolates, concentrates, textured.

The isolates segment held the largest market share in 2021, due to rising knowledge of the advantages of pea protein isolates and their high protein content.

Isolates are frequently utilized as nutritional supplements in meat products, energy drinks, fruit mixes, and bakery goods because of their excellent emulsification and non-allergic properties.

The high protein content, high emulsification, and stability features of isolates, and expanding application areas such as high-performance nutrition products and snack products are primarily responsible for the growth of the market.

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Global Pea Protein Market by Nature

The Global Pea Protein Market is segmented by Nature into Organic Conventional

Organic segment held the largest market share in 2021, due to growing interest in organic products as a result of the popularity of clean-label products and the expansion of certified organic pea farm production.

Organic pea protein concentrate is made by isolating the protein fraction from the carbohydrate and fiber components of organic pea seeds. Concentrates made from organic pea protein are less processed than isolates.

The need for natural products with fewer chemicals and additives is increasing the trend toward clean-label products, which is fuelling the expansion of the global organic pea protein market.

Global Pea Protein Market by Geography

The Global Pea Protein Market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America accounted for the largest market share in 2021 of the global pea protein market, the main factors driving the global market are the rising vegan population, the rising demand for health & wellness products, and the rising consumption of processed meat products.

Furthermore, it is anticipated that the availability of grains as sources of protein will decline due to growing grain consumption for bio-based compounds like canola and soy. As a result, pea protein is anticipated to become essential.

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Global Pea Protein Market by Form

The Global Pea Protein market is segmented by Form into Wet Dry.

Dry segment held the largest market share in 2021, primarily due to the low capital requirements, reduced energy and water usage compared to wet, and the significant demand for dry protein components from the food and beverage industry.

During dry processing, whole or dehulled peas are dried, ground, and milled. Protein and starch fractions are then separated depending on mass and various particle sizes using a spiral stream of air. Protein content in products created through dry processing ranges from 50 to 60 weight percent.

By Type

• Isolates

• Concentrates

• Textured

By Nature

• Organic

• Conventional

By Source

• Yellow Spit Pea

• Chickpea

• Lentils

By Form

• Wet

• Dry

By Application

• Meat Substitutes

• Functional Foods

• Bakery Products

• Beverage

• Dietary Supplements

• Others

By Geography

• North America (USA, Canada, Mexico)

• Europe (Germany, UK, Italy, France, Spain, Rest of Europe)

• Asia Pacific (China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific)

• LAMEA (Latin America, Middle East, Africa)

Key Companies

• Roquette

• Dupont

• Glanbia Nutritionals

• Ingredion

• Scoular

• Burcon

• Shandong

• Axiom

• Cosucra

• Sotexpro

For more insights on the market intelligence, refer to below link: –           

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

KSA Fitness Equipment Market is expected to grow at a CAGR of ~18% by 2026: Ken Research

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1.  Fitness Equipment Industry in KSA expanded with a CAGR of ~13% in 2021 and is expected to grow at a CAGR of ~18% by 2026E.

KSA Fitness Equipment Market was growing rapidly at an impressive growth rate between 2016 and 2021 on the basis of revenue generated through sales of fitness equipment with considerable expansion in commercial fitness centers. Moreover, the progressive outlook of the government to launch women-centric fitness clubs to raise awareness of the importance of physical activity acted as a major catalyst for the surge in demand for fitness equipment in Saudi Arabia.

Further, the launch and expansion of hotel projects such as Radisson and Hyatt by 2030, coupled with various government initiatives such as “Your Home, Your Gym” campaign is expected to contribute to the increased demand for fitness equipment in coming years which will induce the growth of the fitness equipment industry in the future.

2. Revenue generated through the sales of fitness equipment in commercial fitness centres and health clubs accounted for the highest market share in 2021.

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The government has played a key role in promoting public participation in sports and fitness activities.  It is because the Saudi government wants to reduce dependency on oil and promote economic diversification. As a result, the KSA government proposed “Saudi Vision 2030”. The promotion of sporting activities and allied sectors recognized as one of the key aspects of economic diversification. This surged the demand for fitness equipment in the country. Presently, commercial fitness centres and health clubs accounted for the highest market share of 68% among all the other types of end users based on revenue generated in 2021.

3. Sales of fitness equipment through the B2C channel captured a small market share based on revenue in 2021.

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Sales of fitness equipment through the B2B channel accounted for the highest share of 92% based on revenue in 2021, attributed to the surging establishments of commercial and hotel-based fitness centres demanding advanced fitness equipment where B2C channels occupy a very low share in the market. Private fitness centres such as EMAAR, Bupa Arabia, Alaqeeq Holding, and hotel chains such as Voyage Hotel, Four Points by Sherton, and Melissa Hotel among others were the major B2B clients in 2021.

Thailand Property Classifieds Market is expected to grow massively in the future as a result of growing interest of Foreign Buyers along with Exponential growth of smartphone penetration: Ken Research

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1. Thailand is one of the leading market for Property Classified in South-East Asia region and growing at a CAGR of ~21% during 2015-2021.

Thailand Property Classified market has evolved and achieved high acceptance among customers. Presently the market is growing at an impressive growth rate in the country. However, the industry faced a downfall in revenue during the global pandemic but soon the market ramped up. Presently the Thailand Property Classified sector is highly driven by e-commerce, increase in online shopping and rising smartphone penetration. Moreover, the growing interest from foreign buyers and infrastructural developments and improved amenities are poised to fuel the growth of this segment in the next few years. Due to this, the property-classified industry in Thailand is expected to grow with double-digit CAGR in between 2021 and 2026F.

2. Bangkok holds highest share in property classified market driven by growing urban population, and tourism.

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Central Thailand holds the maximum share of real estate transactions due to the growing demand for office space from the e-commerce sector, shift to e-commerce presenting an opportunity for the office and logistics market, increase in tourist activity and increasing interest from foreign buyers.  As a result, Bangkok captures the highest share in the property-classified market of around 40% followed by Pattaya, Phuket, and others.

3. Here, revenue Via Listings and Classifieds Model contributed more than 60%, in 2021, while that of Aggregators and Co-Living contributed less than 40% in the same year.

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Revenue via Listings and Classifieds generated highest revenue due to increased user base. Majority of the property classified ad marketplaces provide the main services at free of cost so that the users can buy/rent properties and the sellers can list their properties for free. A growing millennial workforce, fast evolving consumer trends and untapped demand potential in the market are real draw cards for start-ups and developers looking to enter the Aggregators and Co-Living market.

4. PropertyHub, TerraBkk, FazWaz, and ZmyHome are some of the leading players in Thailand Listings & Classified Property Classified Market.

The Property Classified industry of Thailand is moderately fragmented market for Listings and Classifieds Companies with presence of 80+ players in the industry with presence of 80+ players in the industry and highly Concentrated Market for Aggregators & Co-Living Companies. PropertyHub is the major player in Thailand property classified market in listings and classified model with majority of the market share.

The China Catering Market is witnessing a steady recovery from the disruptions induced by the Global pandemic during the year 2020-2021: Ken Research

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Chain Structure; Chain operation had become the fastest-expanding business model for the catering industry in China. In 2020, the revenue generated from larger catering chain stores amounted to 202 billion yuan. Yum China is one of the largest national full-service restaurant operators in China with nearly 11,800 outlets in 2021. It is the parent company of KFC, Pizza Hut, Taco Bell operated in the country, as well as all East Dawning and Little Sheep restaurants. Other prominent local players include the time-honoured brand Quanjude, famous for its Beijing roast duck, hot pot chains like Haidilao and its imminent rival Xiabu Xiabu. After its huge success in China, Haidilao opened its first restaurant in London in April 2019, which attracted long queues of enthusiastic diners.

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Online takeaways; with the advanced development of online-to-offline (O2O) services, catering services are becoming more closely connected with the internet. In 2021, a record number of 544 million people used online food delivery in China. Instead of paying with cash, consumers can easily pay by scanning the QR code in restaurants and street food hawkers as well. Diners can read the menu and order the food through the restaurant apps while they are waiting for a table online. Food delivery services are not only booming due to the pandemic, but also because of low logistic costs and a decreasing interest in cooking at home. Besides consumer behaviour changes, more and more catering providers utilize a smart management system based on big data, which help them better understand consumers’ preferences and make changes accordingly.

Analysts at Ken Research in their latest publication, “China Catering Market Outlook 2027F- Driven by increasing demand & innovative business models” by Ken Research observed that China Catering Market is in a growth phase & is expected to witness a growth rate of ~% in the upcoming years owing to increasing government initiatives & technological innovations. It is to be noted that the China Catering market is fragmented with major brands occupying almost half of the market with companies competing not only on the basis of product quality and promotion but also on the basis of strategic moves with the aim of capturing a larger market share.

Key segments covered: -

By type of Catering

• Event catering
• Government/defence Catering
• Industrial Catering
• Airline Catering
• School Catering
• Hospital catering

By Structure

• Chained outlets
• Independent Outlets

Time Period Captured in the Report:

• Historical Period: FY’17- FY’22P
• Base Year: FY’22P
• Forecast Period: FY’22P – FY’27F

Key Target Audience

Airline Catering Companies
Fine Dining Caterers
School Caterers
Hotels
Industrial Caterers
Government Bodies
Facility Management Companies
Industries
Schools
Hospitals

Key Companies Covered

• KFC
• Pizza hut
• Grandma’s Home
• Quanjude
• Qianxihe
• KFC
• Haoxianglai
• Haidilao
• Donglaishun

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Key Topics Covered in the Report:

• Executive Summary of China Catering Services Market
• Market Size of China Catering Services Market
• Market Segmentation of China Catering Services Market
• SWOT Analysis of China Catering Services Market
• Trends and Developments in China Catering Services Market
• Regulatory Bodies of China Catering Services Market
• Overview of China Catering Services Challenges and restrains
• End User Analysis of China Catering Services Market
• Competitive Analysis of China Catering Services Services
• Future Outlook of China Catering Services Market
• COVID Impact Analysis of China Catering Services Market
• Analyst Recommendations

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

Future Outlook of China Catering Market

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