Spices Market is expected to reach USD 18 Billion by 2020 - Ken Research

·         Future Growth of Spices Products is expected to be led by branded spices and spice mixes.

·         The market leader, MDH spices is expected to maintain focus on Emerging Markets and global brands  to compete with other players in the industry

Ken Research announced its latest publication on “India Spice and Spice Mixes Market Outlook to 2020” which provides a comprehensive analysis of the spices and spices products in India. The report covers various aspects such as market size of overall India Spices market, segmentation on the basis of chilly, garlic, ginger, turmeric and coriander and volume of exports and imports for spices products. The report also provides a snapshot on the Spice mix market in India. The market is presented by ongoing trends and developments, SWOT analysis and growth drivers. The competition in spice market is comprehensively been presented with a focus on market share of major players coupled with their detailed company profile. In addition, the report also showcases the investment required to start a spice processing plant in India, with the future outlook of the overall Industry. The report is useful for spice manufacturers, wholesalers of spices, retail chains, spices machinery manufacturers and new players venturing in the market.

India Spice Market

The spices market in the India has witnessed a growth in recent years on account of rising demand for spices fueled by expansion in spice mixes. The surge in growth is majorly originated from growth in chilly and turmeric as a segment of spice market. The growth in this segment has been largely led by the domestic factors such as increase in the area under cultivation and increasing demand from international markets. 

Unorganized segment has been dominating the spices market in India for the last many years. The market share of unorganized segment ~% in FY’2015. The dominance of the unorganized segment in spices market in India can be attributed to the presence of huge number of local players selling open and unbranded products in the market. However, the spices market in India is comprised of large companies such as Everest, MDH, MTR, Ramdev, Catch spices and Spice Board of India which posses a large product portfolio of Spices products. The India spice market revenues have grown at a CAGR of ~% from 2010-2015.

According to the research report, the India spice market will grow at a considerable CAGR rate thus exceeding USD 18 billion by 2020 due to the increasing proportion working class population and rising number of spice parks.

“While rising disposable incomes, boom in infant population and an increase in the preferences will result in increased spending on spices products in the India, volatility in global spices product prices and quality are few of the major challenges which will affect the growth of this industry in the future”, according to the Research Associate, Ken Research.

Key Topics Covered in the Report:

Spice Market

-          Market Size by Production, Consumption and Revenue

-          Market Segmentation by

o   Organized/Unorganized

o   Regional Production

o   Organic and Inorganic Spices

o   Urban and Rural Consumption

o   Type of Spices

-          External Trade Scenario of Spices

-          Snapshot on Spice Mix Market

-          Trends and Development

-          SWOT

-          Investment Model

-          Competition and Market Share

-          Growth Drivers

-          Future Outlook

-          Macro Economic Parameters

Key Products Mentioned in the Report

Chillies

Ginger

Turmeric

Garlic

Coriander

Cumin

Tamarind

Fennel

Fenugreek

Pepper

Cardamom

Ajwain

Cinnamon

Clove

Companies Covered in the Report

Everest

MDH

MTR

Catch Salt and Spices

Ramdev Spices

Related Reports:

India Protected Cultivation Industry Outlook to 2017 - Government Initiatives Paving the Way for Future Growth

Tanzania Spice Industry Outlook to 2018 - Driven by Local Association Endeavors and Organic Farming

India Organic Food and Beverages Outlook to 2019 - Growing Potential of Online Retailers to Steer Growth

Source: https://www.kenresearch.com/food-beverage-and-tobacco/general-food/india-spice-spice-mix-market-research-report/11-314.html

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

Middle East Real Estate Market Revenues Have Augmented At A CAGR Of 4.7% During 2009-2014

The Middle Eastreal estate industry is one of the fastest growing sectors across the world. Foreign real estate developers have infused billions of dollars into places such as Oman, Qatar, Dubai, Saudi Arabia and other countries in Middle East region, which has pushed the growth of this market. The real estate market in Middle East encompasses the activities related to the real estate development including management, trading, rentals and leasing in the regions of United Arab Emirates (UAE), Saudi Arabia, Egypt, Kuwait, Qatar, Jordan, Bahrain and Oman in residential, office/commercial, retail (shopping malls and complexes) and hospitality (hotels and resorts) segments.

Real Estate Market Middle East

UAE real estate market has been one amongst the major real estate market throughout Middle East countries. However, the real estate market of UAE was perhaps one of the most affected economies in the Middle East during the global economic slowdown in 2008. However, the market in Dubai has entered into the recovery phase in 2010 with a decline in the rental rates. On the other hand, Abu Dhabi’s real estate market has continued to feel the pressure with an oversupply of office spaces and declining rates in the neighbouring cities such as Dubai. The property markets for both Dubai and Abu Dhabi have experienced even larger amounts of volatility over the last couple of years in comparison to their neighbours. This is because both countries were seeking ways to diversify their economy away from oil.

The real estatemarket in Saudi Arabia has shown a positive growth in the recent past however prices or rental rates of residential properties remain comparatively higher than the other regions in the Middle East. This has been attributed by the shortfall in the supply of residential properties and rapidly rising demand from young domestic population.

On the other side, the real estate market in Egypt has stabilized itself in 2010-2011 with majority of demand emanated through young domestic population. In addition, the real estate market in Egypt has entered a quick recovery phase in 2009 due to the booming domestic economy and increasing development activities, along with higher investment inflows. This as a result, has augmented the real estate market of Egypt, and is likely to follow the same growth trend in the coming years.

Kuwait conversely has experienced a slowdown in the price of real estate during 2008 and into early 2009. The severity of the drop was as deep as in other countries throughout the region. This is because the country’s real estate sector is the second largest contributor to economic growth behind oil. As a result, asset prices in Middle East region has dropped between 25 to 50%, depending upon the asset class.

Qatar’s real estate market has experienced extreme boom and bust cycles as experienced in 2009 with no more than 10%. This is significant because it has highlighted how Qatar has been through a similar situation as the United Arab Emirates. The property market in Jordan has faced similar challenges as other real estate markets throughout the Middle East regions where prices have dropped between 10% and 15% since the peak in 2008. The property market in Bahrain has been affected severely by the global property markets as prices have dropped by 37% since peaking. The luxury property markets were hardest hit as investors canceled orders on a variety of construction projects.

Overall, the real estate market in the Middle East has entered a correction phase in the year 2010 with a major portion of demand inflow from the residential segment. The demand is primarily generated by the low and medium income segment of the population and therefore the developers were focusing towards building affordable and economic housing properties to cater to their requirement.

For more information on the market research report please refer to the below mentioned link:

Source: https://www.kenresearch.com/mining-construction-infrastructure/real-estate-industry/middle-east-real-estate-market-research-report/637-97.html

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

Africa Accounted For Nearly 70% Of The World’s Active Mobile Money Customers In 2013

Mobile money is an emerging concept in the global market which represents a profitable opportunity with a massive social impact by allowing customers to access services which can help them to effectively manage their day to day routines. It also presents crucial commercial prospects for the companies to pursue this strategy as the prospective channel for establishing direct connection with the customers and achieve future growth.

Global Mobile Money Market

The prime benefits of usage of mobile money include lower costs, faster speeds and ease of accessibility. This is of crucial importance in the third world countries, where technology sublimation has fostered a rather well-built mobile infrastructure and services have witnessed immense traction in the number of users. The development of various mobile financial services including mobile insurance, mobile credit and savings has enabled service providers to extend their reach of the product offerings through alternate channels. The mobile insurance industry has been gaining foothold in the recent years, supported by the involvement of specialist intermediaries, which have created commercial and partnership models which have been accelerating product launches.

In 2009, Asia Pacific accounted for the highest number of mobile payment users worldwide, followed by Europe and North America. Consequently, the region also noted the highest share in the transactions being operated through mobile devices, which was registered at 71.2% in 2009.

The value of the mobile money transactions in North America has expanded at a CAGR of 35.8%. North America mobile payment market is extremely fragmented and cumbersome, featured with technological splits and battling business models.

Europe registered a share of 6.7% in global mobile money transitions, as observed in 2009, which has fell down to only 1.1%. The estimated value of transactions processed via mobiles in Europe was registered at USD 51.2 billion.

The Latin American mobile payments industry has increased at a decent pace over the period of 2009-2013, however it is expected to witness brisk growth in the coming years, with increasing efforts of operators and banks to extend their offerings, banking upon the technology of mobile payments. The mobile payment market has gained the support of the government in various economies, with the region witnessing increasing number of collaboration of MNOs and financial institutions to roll out services across different countries.

Middle East has witnessed a steady growth in the adoption of mobile payment services over the course of 2009-2014. However, the user base is still very low as compared to other regions with only 2,140.0 thousand people using mobile payment services in 2013. However, factors such as large number of migrants, transient workers and swiftly growing mobile user base have been paving the way for growth of mobile payments market in the Middle East region. The total value of transactions processed in this region in 2014 has grown at cumulative annual growth rate of 57.9% over the period of 2009-2014.

For more information on the market research report please refer to the below mentioned link:

Source: https://www.kenresearch.com/banking-financial-service-insurance/financial-services/global-mobile-money-market-research-report/630-93.html

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

China Dominated The Asian Online Jewellery Market In 2014 By Generating Revenue Over USD 4,000 Million

China has accounted its first position in terms of online jewellery sales in Asia during 2014. The Chinese market has grown at a brisk pace primarily due to rapid economic expansion in Tier 2 and Tier 3 cities. Additionally, the relatively lower number of traditional retail stores in these cities has given rise to online jewellery sales. The Chinese online Jewellery market has been segmented on the basis of types of metals being purchases online which incorporate gold, diamond, platinum, colored gemstone and silver. The Chinese online jewellery market was dominated by sales of Gold jewellery in terms of number of items sold.

Online Jewellery Market

Japan held the third position in terms of revenue generated from online jewellery sales. Despite having a mature e-commerce market, the Japanese online jewellery market has displayed slow growth. The small size of the Japanese online jewellery market can be attributed to slow economic growth coupled with few online jewellery retailers in the country.

In India, the market was incepted in the year 2011 due to slow internet penetration. Singapore and Indonesia have accounted for a minute proportion of overall revenue generated from online jewellery sales in Asia during 2011.

India OnlineJewellery market has been segmented on the basis of types of metals which generally remain in demand namely Gold, Silver, Diamond, Platinum and others. The Indian online jewellery market is dominated by Diamond and Gemstone solitaires in terms of revenue. This is primarily due to the fact that prices of rough solitaires fell by 6-7% in 2014.

The Asian Online jewellery market has been steadily grown since its inception. Online jewellery sales in Asia were amounted to USD 1,117.0 million in 2011. Over the years, China has been regarded as the highest contributor to revenue from online jewellery sales in Asia. China’s contribution to jewellery sales revenue was significantly higher relative to all other Asian countries. It was followed by Japan, which has a well established e-commerce market.

Asia online jewellery market is poised to grow at a noteworthy growth rate in the outlook period 2015-2019. The consumer demand for jewellery which was dampened in the past due to global recession has revived to grow at a substantial growth rate. However, the online jewellery industry is highly dynamic due to constant changes which took place in the e-commerce market. Thus, online retailers have to be conscious towards latest trends and developments which have taken place in the industry. The Asian market is dominated by unbranded jewellery.

For more information on the market research report please refer to the below mentioned link:

https://www.kenresearch.com/consumer-products-and-retail/global-luxury-goods-market/asia-online-jewellery-market-research-report/634-95.html

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

The Payment Industry in India Ranks Fifth Amongst The Asian Countries With Revenues Expected To Grow At 17.0% CAGR

In India, 60.0% of total online payments were made from top metropolitan cities such as Delhi, Mumbai, Kolkata and Chennai in FY’2014. Additionally, cities such as Bangalore, Hyderabad, Ahmedabad and Pune accounted for 25.0% of total online payments made in FY’2014.

Bill Payment Market

The M-Wallet market in India is segmented by open loop, closed loop and semi-closed mobile wallets. Mobile wallets in the country presently can be issued by banks or non-bank entities which have been certified by the RBI. Wallets issued by the banks provide higher benefits such as a higher fund transfer limit and cash withdrawals through ATM. Semi-closed loop is a prepaid wallet offered primarily by the non-bank entities as licensed prepaid instrument issuers. The cash-out or cash withdrawal facility is not allowed in this model.

M-POS system in India has been a relatively new concept originated few years back. The M-POS technology which allows customer transaction to be carried out by a portable mobile device has made a significant impact on the Indian market in a short duration. The impact of M-POS in India has majorly resulted due to the flexibility and high functionality that the system offers.

The bill payment market structure in India is complex and diverse and comprises of a large number of national, regional, private and state owned entities. In the bills paid through the electronic payments infrastructure, bank account funding has the largest share followed by cards and the ECS (Electronic Clearing Service). A large proportion of the bill payments in the country are done at the biller’s location by walk-in customers. As a result, there lies a huge opportunity for an efficient bill payment system which can meet the demand for payments towards various bills such as insurance premium, utility payments, taxes, school fees and others.

A payment gateway tool authenticates online transactions by providing verification steps between various parties and related banks. It is basically an encrypted channel through which transaction must pass from in order to verify the credentials of the user. India has become a rising hub of technology with more and more number of industries moving to internet based processes. Businesses such as ecommerce, fund transfers, loan management and others have been establishing an online presence to reach a wider range of customers. This trend has been aggregated by the rapid advancement in technology in the country increasing business opportunities for entrepreneurs.

For more information on the market research report please refer to the below mentioned link:

https://www.kenresearch.com/banking-financial-service-insurance/financial-services/india-payment-services-market-research-report/625-93.html

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

India Online Healthcare Products Market Outlook to 2020 - Ken Research

·         Future Growth of Online Healthcare Products Market is expected to be led by emergence of newer players and rise in healthcare expenditure

·         The market leader, Healthkart is expected to maintain focus on Emerging Cities and will strategize to infuse the product categories to compete with other players in the industry.

Ken Research announced its latest publication on “India Online Healthcare Products Market Outlook to 2020” which provides a comprehensive analysis of the healthcare products market through online means. The report covers various aspects such as market size of online healthcare products, segmentation on the basis of product types as well as by demand from major cities. The report also provides overview upon the consumer profiles, on the basis of gender, age split, mode of payment and mode of source used. In addition, the information also provides overview on major companies with their comprehensive company profiles, market share as well as business models prevalent in this market. The future for this industry has also been presented with analyst recommendations as well as the Macro factors which have a correlation with the Industry. The report also shed light on the online pharmacy market in India. The report is useful for online pharmacy and healthcare products players, wholesalers of healthcare products, retail chains, government association and new players venturing in the market.

India Healthcare Products Market

There is a huge potential in the market, since increasing healthcare awareness which has made people to become more health conscious has pushed the growth of this market. Some of the major players in the market are Healthkart, Snapdeal, Amazon and Healthgenie which are trying to capture the market by maximizing their operation to different cities. The online healthcare product market in the recent years has outgrown at a CAGR of ~% and has been recorded at INR ~ million during FY’2015. The boom in the e-commerce market has also led to this rapid growth in the online healthcare product segment as more people have sought to prefer the online mode to buy healthcare products. The online healthcare product market forms nearly 0.1% contribution in the overall healthcare market in India, so there is a huge gap between the offline and online mode of sales which provides a huge opportunity to the new entrants to capture a significant market share.

In the medium term, the market for online healthcare products is likely to grow, driven by tremendous growth in number of online healthcare product providers, surge in product categories as well as rise in internet penetration. This is anticipated to post market revenues at INR 17 billion by FY’2018.

According to the research report, the online healthcare products market will grow at a considerable CAGR rate thus exceeding INR 33 billion by 2020 due to the increasing number of product categories, new entrants in the market and rise in tech savvy population.

“While rising disposable incomes, boom in tech savvy population and an increase in the preferences for health apps and products will result in increased spending on online healthcare products in India. However, government regulations as well as local pharmacy stores are few of the major challenges which will affect the growth of this industry in the future” according to the Research Analyst, Ken Research.

Key Topics Covered in the Report:

Online Healthcare Products

-          Market Size by GMV, Average Order Size, Number of Orders

-          Market Segmentation by

o   Products

o   Cities

-          Business Models

-          Consumer Profiles

-          Trends and Development

-          SWOT

-          Competition and Market Share

-          Growth Drivers

-          Future Outlook

-          Online Pharmacy

-          Macro Economic Parameters

Key Products Mentioned in the Report

-          Protein Supplements and Vitamins

-          Health Devices

-          Beauty and Personal Care

-          Health Food and Drinks

-          Fitness and Wellness

-          Ayurveda and Herbs

-          Prescribed Drugs

-          Over the Counter Pharmaceuticals Drugs

-          Private Label Personal Care Goods

Companies Covered in the Report

-          Healthkart

-          Healthgenie

-          Healthvala

-          Healthadda

-          Snapdeal

-          Amazon

-          Medidart

-          OneRx.in

-          Buydrug.in

-          Medplus

Related Reports:

India Online Grocery Market Outlook to 2019 - High Growth Prospects due to Increasing Internet Coverage and Smart Cities Emergence

India Online Loans Market Outlook to 2019 - Industry Transformation by the Advent of Web Aggregators

Asia Online Jewellery Market Outlook to 2019 - Driven by Lucrative Discounts and Rising Online Buyers

Source: https://www.kenresearch.com/healthcare/skin-and-personal-care-industry/india-online-healthcare-products-market-research-report/652-91.html

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

Australia Athletic Apparel and Footwear Market Trends and Growth - Research Report 2019

Asia Pacific Athletic Apparel and Footwear Market Outlook to 2019 – Surging Growth with Online Marketplaces provides an in-depth analysis of the Asia Pacific athletic apparel and footwear market. The report covers specific insights on the market size in terms of value and volume, segmentation by geography, by online/ offline sales and athletic apparel, footwear product wise (Cross Training shoes, running and jogging shoes, basketball shoes, skating shoes, indoor sportswear, training wear, golf wear, outdoor wear, soccer wear, lifestyle wear, baseball wear, tennis wear, fitness wear and others) segmentation by major countries, recent trends and developments and future outlook of the athletic apparel and footwear market in Asia Pacific region. The report also entails a detailed description of the prominent and emerging geographic markets of the region including China, Japan, Australia and India.

Australia Sportswear Market

Asia Pacific

The athletic apparel market in Asia-Pacific region has showcased a persistent trajectory of growth over the period 2009-2014. This was due to an increase in the purchasing power of the people and higher household budget allocation on athletic apparel and footwear as a result of the sound economic condition and better employment opportunities in the region. Additionally, mounting consumer confidence in the sports apparel and footwear industry has driven the market in the region. In a nutshell, the athletic apparel and footwear market in Asia Pacific region has grown from USD ~ million in 2009 to USD ~million during 2014 in value terms, at a CAGR of 13% during the period. 

The revenues of the athletic apparel and footwear industry in the Asia Pacific region are expected to grow from USD ~ million in 2014 to ~ million during 2019. This market is envisaged to apprehend at a considerable CAGR growth rate of 16.3% during the period 2015-2019. In more developed markets of the Asia-Pacific region, including countries such as China, India and Australia the offerings from the market players are expected to be diverse, focused mainly on customized demands. Additionally, the market is predicted to witness expansion in terms of the newer technologies, coupled with newer fashion trends.

Australia

The Australian sportswear market witnessed downfall in 2010 and 2011, however experienced rapid growth, particularly over the last two years due to the amplified desire for participation in sports and fitness activities among the masses. The athletic apparel and footwear market in Australia recorded revenues of USD ~ million in 2009 and reached a figure of USD ~ million by the end of 2014, witnessing a CAGR of 1.7%. The Australian Athletic Apparel and Footwear market is competitive and well serviced by domestic players. The market is characterized by severe competition due to which leading companies compete on the basis of prices. The prospect of the athletic footwear market in Australia seems to be favorable as the preference for a healthy lifestyle gains continuous momentum amongst the population of Australia. Further, the sporting events to be held in the near future will continue to impel the demand for athletic apparels and footwear in Australia. The athletic apparel and footwear market in Australia is expected to reach USD 4.5 billion in 2019 as compared to USD ~ million in 2015, thereby growing at a CAGR of 10.7% from 2015-2019.

China

The structure of Chinese sportswear industry has changed overtime in terms of the business model and distribution platform. The growth of the overall GDP in the country, rising income levels and shift in consumption preferences of increasingly affluent consumers has stimulated the demand for sportswear in the country. A combination factors such as governmental support and promotion of sporting programs for the public, hosting of international sports events; increasing media exposure and rapid development of the economy have been the key drivers to sustain double digit growth for China’s sportswear market during the period of 2009-2014. The overall market revenues of China athletic apparel and footwear market have enhanced at a substantial CAGR of 18.4% during the review period, with revenues being registered at USD ~ million during 2014. Sportswear in China has been primarily dominated by the athletic apparel, which commanded a major share of ~% in the overall revenues of the athletic apparel and footwear market during 2014. The athletic apparel and footwear market of China in the future is envisaged to augment at the CAGR of 21.5% during 2015-2019, with revenues are expected to reach about USD 60 billion by 2019.

Japan

The athletic wear market in Japan has observed a weak growth over the timeframe 2009-2014. The slow growth of the overall GDP in the country, rising inflation, occurrence of catastrophic events such as the tsunami, earthquakes and nuclear disasters have adversely affected the growth of the market. The athletic apparel and footwear market of Japan has registered a CAGR of 1.7% during 2009-2014 and elevated revenues from USD ~ million in 2009 to USD ~ million in 2014. The market for athletic apparel in Japan is majorly dominated by local players including Descente, Goldwin, Mizuno, Asics and others. The market in 2014 was led by the domestic player Descente with share of ~% in total athletic apparel market. Japan athletic apparel and footwear market is likely to augment at a positive yet slow CAGR of 1.9% during 2015-2019 with the impact of rising health consciousness due to a running boom, changing consumer preferences, evolving distribution channels and rapid online migration. 

India 

The athletic apparel and footwear industry in India has witnessed phenomenal growth over the past seven years and has occupied a place of prominence in the Indian economy in terms of its massive potential for employment generation and export. India athletic apparel and footwear market has considerably enhanced at a healthy CAGR of 27.7% during the period 2009-2014. Several factors, including a thriving middle-class population, a paradigm shift in consumers’ attitude to health and fitness, an increase in the number of sports events and the growth of organized retail are anticipated to drive the market in the coming years. The athletic apparel and footwear market revenues in the future are expected to augment at the CAGR of ~% during 2015-2019, reaching revenue worth about USD 2.6 billion in 2019. 

Key Topics Covered in the Report:

The market size of Asia Pacific athletic apparel and footwear market in terms of revenue

Asian market segmentation by geographies covering China, Japan, Australia and India

Competitive Landscape of Major players operating in Asia Pacific athletic apparel and footwear market 

Future outlook and projections of athletic apparel and footwear market in Asia Pacific region.

China athletic apparel and footwear market size, segmentation, entry barriers, SWOT Analysis, trends and developments, market share of major companies in the industry.

Japan athletic apparel and footwear market size, segmentation, entry barriers, SWOT analysis, market share of major companies in the industry.

Australia athletic apparel and footwear market size, segmentation, trends and developments, SWOT analysis, competitive landscape of major companies in the industry.

India athletic apparel and footwear market size, segmentation, trends and developments, SWOT Analysis, market share of major companies in the industry.

Source: https://www.kenresearch.com/consumer-products-and-retail/apparels-industry/asia-pacific-sportswear-market-research-report/650-95.html

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