Global Market Research Reports : Ken Research

Thursday, November 3, 2022

Increasing Internet Penetration Coupled with Changing Consumer Preference for Online Shopping Expected to Drive the Philippines E-Commerce Logistics Market: Ken Research

Philippines E-Commerce Logistics Market

Key Findings

Singapore-headquartered e-commerce player Shopee launched an in-app, live-streaming platform in the Philippines through which sellers can build a following to promote their products and offer discounts to viewers. This platform proved to be a success during the pandemic as it recorded 30m live stream views in April 2020.
E-commerce players can look forward to collaborate with brick-and-mortar retailers to provide consumers low-cost delivery options, as has been done in other countries. Customers of Lazada can collect deliveries from 7-Eleven – a convenience store chain that had more than 2900 branches in the Philippines at the start of 2020 – at no extra charge.

E-Commerce Sales to Take Off by 2025: E-commerce in the Philippines is still in its early stages of development, with the country ranking behind other top Southeast Asian markets in terms of online retail sales.. However, strong economic growth, a rising middle class and young population, paired with a growing number of internet and smartphone users as well as government’s initiatives, are driving e-commerce in the country. Opening up of logistics hubs along with the introduction of new web technologies in last mile logistics would provide the much needed boost to the shipping companies as well as the consumers. An updated system will help shipping companies to plan the route, catalogue the transactions and keep track of all the deliveries. Online retail sales in the Philippines are expected to show annual double-digit growth and outrank some of the currently more developed markets in the region, such as Malaysia and Singapore, by 2025.

Promoting E-Commerce Logistics Development in Rural Areas: Due to remote locations and lower levels of E-commerce awareness in the rural areas, this population segment lacks compared to urban sectors. Transforming small rural supermarkets into multi-functional commerce and distribution centres would enable them to provide a variety of service offerings to rural residents such as helping customers to order tickets online or purchasing goods from E-commerce websites. Moreover, improvement in the last mile services can prove as one of the critical parameters for evaluating customer experience and efficiency of final delivery. New models for handling the last mile such as “click and collect” locations are further anticipated to drive the growth of E-commerce logistics.

Long Term Positive Impact of Covid-19: The sudden onset of the pandemic has essentially interrupted and unsettled social and economic activities worldwide. However, the Covid-19 pandemic is expected to be a golden window as social distancing and staying home is further expected to push the consumers towards online shopping. Prior to the pandemic i.e. March 2020, e-commerce accounted for 2% of total retail spending; by July 2020, 78% of Filipino consumers had made an e-commerce purchase within the past month. The elevated rates of e-commerce usage during the pandemic look set to remain a more permanent feature of the retail landscape. Logistics companies are likely to invest more on technologies such as AI to derive information and insights, such as delivery packaging, weight, and the like from images, detect anomalies, perform quality assurance checks, or build delivery schedules.

Analysts at Ken Research in their latest publication “Philippines E-Commerce Logistics Market Outlook to 2025 - Driven by Growth in Internet Penetration along with Introduction of New Age Technologies by Logistics Players” observed that the e-commerce and e-commerce logistics market in Philippines has a great potential to grow supported by emerging e-commerce players in the country. Covid-19 outbreak has further accentuated the growth of the market by shifting major retailers on online platform for sustenance in the market. Philippines E-Commerce Logistics Market is expected to grow at a CAGR of 29.0% on the basis of number of shipments delivered over the forecast period 2020-2025.

Key Segments Covered

By Channel

3PL Players
E-Commerce Merchants

By Type of Shipments

Domestic Shipments
International Shipments

By Area of Delivery
Intercity
Intracity

By Mode
Air Shipments
Ground Shipments

By Delivery Period
Same Day Delivery
1-2 Day Delivery
3-4 Day Delivery
More than 4 Day Delivery

By Type of Products
Consumer Electronics & Media
Fashion & Accessories
Foods & Personal Care
Home Care & Furniture
Toys & Baby Products
Others (Video Games, Digital Music, Pet Care, Home Gardening, etc.)

By Payment Mode
Cash on Delivery
Credit Cards
Others (Debit Cards, Paypal, GPay, SMART Money, etc.)

Captive and 3PL E-Commerce Warehousing

Warehousing Concentration in Philippines

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E-Commerce Logistics Companies Covered

LEL Express
J&T Express
NinjaVan
Lalamove
Entrego
GoGo Xpress
LBC Express
Shopee Xpress
2GO Express
Air21
JRS Express

E-Commerce Marketplace Platform Covered

Lazada
Shopee
Zalora

Key Target Audience

3PL Logistics Companies
Integrated Logistics Companies
E-Commerce Marketplace Platform
Retail Companies
Logistics/Supply Chain Industry Associations

Time Period Captured in the Report:-

Historical Period – 2019-2020
Forecast Period – 2020-2025

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

Competitors In E-Commerce Logistics Philippines

Philippines Logistics Market Outlook to 2024 (Sixth Edition)– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

Competition Benchmarking of Top Logistics Players in Indonesia in Transportation, Warehousing, Cold Chain, 3PL, Express, E-Commerce, Automotive, Pharma and Retail Logistics

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

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

Country-Niche Players and Regional Players constitute ~60% and ~30% respectively Despite the Presence of about ~400 Competitors, find a Recent Market Study on Global Athleisure Market.

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

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

Large Global Players Hold Around 40% of the Market Share Followed by the Regional Players Holding ~35% of the Market Share

A comprehensive competitive analysis conducted during the Research Study found that the Global Athleisure Market is competitive with ~400 players which include globally diversified players, and regional players, as well as a large number of country-niche players.

According to the research, the large global players comprised just 10% of total competitors but held the dominant position in the market in 2021, in terms of the market share with about ~40% followed by regional players which account for ~35% of the market share.

Global Players have a Diverse Presence in the Fitness Clothing and Footwear Industry which is Promoting Market Growth.

With numerous global corporations and small producers operating their companies through a variety of products and a vast distribution network, the market is considerably competitive by nature. From product manufacturing to final product distribution to multiple places, the enterprises in the sector have a high degree of integration.

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For instance, the third quarter of 2020 saw net sales growth of 35% for the Gap-owned women's fitness clothing line Athleta, as well as a 55% gain in sales for the activewear division of Old Navy, which is also owned by the Gap. In the most recent Q4 2020, Gilly Hicks, a line of women's loungewear from Abercrombie & Fitch, saw double-digit sales growth, which boosted online sales by 100%.

Not just key players but also emerging players are expanding in different industries with Athleisure products and are also investing in strategies like collaborations and technological development to compete in the industry.

Increased Adoption of Athleisure in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins

In October 2022, the sportswear brand Reebok teamed with the Nigerian fashion and lifestyle firm bCODE to carry its footwear and clothes on its recently opened website and multi-brand concept store in Surulere, Lagos. Men's, women's, and children's footwear are included in this collaboration, as well as several global footwear brand designs. This new agreement marks the opening of bCODE's first-ever multi-brand concept shop in Lagos and establishes the company as a rapidly expanding player in the fashion retail industry.
In February 2022, Columbia Sportswear launched a product collection of outdoor activewear, made in collaboration with brand ambassador Bubba Wallace and NASCAR Cup Series driver.
In July 2021, Nike App was launched by the brand which is the company’s rapidly-expanding platform in the countries like Singapore, Philippines, Thailand, Taiwan, Malaysia, and India. The launch of the App has led to an expansion of the brand’s digital ecosystem in Southeast Asia and India, also the company strives to construct a wide online presence in developing regions.

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

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

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3 Key Insights on US$ 180 Bn Opportunity in the Global Eyewear Market: Ken Research

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Driven by the increasing adoption of luxurious accessories among millennials, the surge in visual impairment among children, and the increasing geriatric population, the Global Eyewear Market is Forecasted to reach US$ 180 Bn by 2028 says Ken Research Study.

Demand and supply for eyewear are rising in different parts of the world as people become more aware of vision problems as well as various styles of spectacles, lenses, and sunglasses available. The growing accessibility of a wide variety of eyewear through both online and offline distribution channels is causing a healthy market growth rate.

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

1. Technological Advancements have Increased the Market’s Growth Rate

According to Research estimates, the Global Eyewear Market – which was valued from around US$ 90 Bn in 2017 to nearly US$ 120 Bn by 2022 – is expected to grow further to more than US$ 180 Bn opportunity by 2028.

Innovations in technology and increased spending on R&D by eyewear makers have been major factors affecting the growth of companies that specialize in eyeglasses. It took centuries for glasses to be developed, but modern eyewear technologies are enabling perfect vision for those with vision impairments.

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2. Increasing Vision Problems in Children are Pushing up the Demand for Spectacles and Contact Lenses

As more schools embraced digital learning tools and virtual learning settings, children's screen usage increased dramatically over the past year. Routine activities for kids were cut back, which resulted in more time spent online chatting and playing games. Now that the effects are beginning to show, eye health has suffered significantly.

Many kids who spend a lot of time on screens develop eye strain, which exacerbates future vision problems. There is a direct link between greater screen time and less outdoor activity and the rise in children with myopia progression, or nearsightedness, during the pandemic. These rising issues are thus increasing the demand for power glasses and lenses to artificially correct the damage.

3. Low Acceptability and Stigma Around Glasses to Stagnate the Market Growth

Parents test their children to confirm the presence of vision loss and sought advice from other family and community members due to their beliefs regarding the benefits of treatment. The stigma associated with wearing glasses led parents to object to their child's treatment, believing that maintaining "normality" was frequently more essential than receiving medical counsel. Parents' choices are affected by a combination of their personal health beliefs, stigma, and the necessity of going to appointments with their children.

Uncorrected refractive error is a significant contributor to avoidable vision impairment. A significant number of individuals who are considered visually impaired because they lack access to corrective care are estimated to have refractive errors that cause poor vision. The chart below shows findings of a 2019 survey on reasons for unwillingness to use eyeglasses.

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Key Topics Covered in the Report

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

Major Players Mentioned in the report

Johnson & Johnson Vision Care, Inc.
EssilorLuxottica
Bausch & Lomb Inc.
CooperVision
Carl Zeiss AG.
CIBA VISION
Safilo Group S.p.A.
De Rigo Vision S.p.A
Fielmann AG
Marcolin SpA.
HOYA Corporation.

Notable Emerging Companies Mentioned in the Report

Allure Eyewear L.L.C.
Eyeking, LLC
Optical Express Ltd.
Norville Optical
Pearle Vision
Mister Spex

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

Spectacles Manufacturers
Lenses Manufacturers
Sunglasses Manufacturers
Spectacles Frame Manufacturers
Spectacles Frame Designers
Sunglasses Frame Designers
Health and Medical Authorities
Environmental Protection Authorities
Investors interested in Healthcare Industry
Eyewear Exporters
Optical Engineering Companies
Lens Designer Companies
Eyewear Brands Distributors
Eyecare Research Institutes
Government Ministries and Departments of Healthcare

Time Period Captured in the Report

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

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

Global Eyewear Market: Ken Research

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Global Hospital Bed Market, Challenges, Demand, Growth – Ken Research

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

Hospital beds are those which are maintained on a regular basis and are available for the care of admitted patients. Hospital beds include acute care beds, rehabilitative care beds, long-term care beds, adjustable hospital beds, specialty care beds, and others. Hospital beds are also called in-patient hospital care beds, which are further subdivided into nursing care beds, psychiatric care beds, and others.

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

Global Players Constitute ~10% of the Total Number of Competitors, While Country-Niche Players Represent ~55% of Total Competitors by Type

Competitive Analysis by the research study found that the Global Hospital Bed Market is highly competitive with ~200 players which include country-niche players, regional players as well as a significant number of globally diversified players, who deal in the manufacturing of hospital beds for hospitals, clinics, ambulatory, and others. The large global players comprise about 10% in terms of the number of companies and hold a strong portion of the market revenue share followed by regional players which account for the majority market revenue share. Most of the players are having their headquarters in the North American region.

Majority Number of Players are Specialist, Manufacturing a Wide Array of Products in the Global Hospital Bed Market.

Detailed comparative analysis of key competitors available within the research study reveals that players have a variety of hospital bed products catering to multiple treatment types such as acute care, long-term care, bariatric care, and others. All leading competitors have a strong presence in the Global Hospital Bed Market. Furthermore, several companies and organizations are aggressively investing in R&D to cater to end-users demands.

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In July 2020, Invacare announced the opening of a new production facility in Albstatd, Germany, to meet the needs of the healthcare environment.
In April 2020, Stryker announced to release of emergency relief beds, a limited-release emergency response bed to quickly aid healthcare providers with efficient care.

Government Initiatives & Programs to Encourage the Expansion of the Global Hospital Bed Market

The Hospital Readmission Reduction Program (HRRP) is a medicare value-based purchasing program that encourages hospitals to improve communication and care coordination to better engage patients and caregivers.
In November 2020, The Centre for Medicare and Medicaid Services (CMS) announced a comprehensive strategy to enhance hospital capacity amid the COVID-19 surge.
As per the Indian Union Budget 2022-23, US$ 675.72 million was allocated to the PM-ABHIM to strengthen India’s health infrastructure and to improve the country’s primary, secondary and tertiary care services.
In July 2022, the World Bank approved a US$ 1 billion loan for India’s Pradhan Mantri - Ayushman Bharat Health Infrastructure Mission

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

Challenges in Growth of Hospital Bed Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

3 Key Insights on US$ 20 Bn Opportunity in the Global Fortified Wine Market: Ken Research

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Driven By the Increasing Alcohol Socialization Among Consumers Along with The Increasing Adoption of European culture, the Global Fortified Wine Market is forecasted to Cross US$ 30 Bn by 2028 says Ken Research Study.

A fortified wine is one that has a diluted spirit added to it during the winemaking process to increase its alcohol content. There are various types of fortified wines, and each has its own set of regulations. These regulations cover the type of base wine, the type of base spirit, the range of Alcohol by Volume (ABV), the amount of sugar, and the length of aging.

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

Fortified Wine Market Continues to Grow Owing to The Increasing Adoption of European Culture.

The Global Fortified Wine Industry is expected to witness stable growth during the forecast period, owing to the increasing alcohol socialization among consumers along with the increasing adoption of European culture. The global fortified wine market was valued at ~US$ 10 billion in 2017, it is estimated to be ~US$ 13 billion in 2022 and is expected to reach a market size of ~US$ 20 billion by 2028 growing with a CAGR of ~7%.

Europe is the dominating region in the Global Fortified Wine Market due to the presence of the world’s largest wine-producing countries, including France, Italy, Spain, and Portugal. For instance, according to World Population Review, four countries, including France, Italy, and Spain produce more than half of the world's wine. Italy produced 44.5 million hectoliters (mhl) of wine in 2021, followed by Spain and France, which produced 35 mhl and 34.2 mhl, respectively.

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The Rising Socializing Trend among the Young Population, Combined with the Individuals’ Shifting Lifestyle Preferences is driving the Market Growth of Fortified Wines.

The rapid socioeconomic changes and fast-paced urbanization, along with the continuous rise in living standards across countries are propelling the demand for fortified wines. In addition, with rising urbanization, individuals are becoming more aware of the importance of living a healthy lifestyle, which is influencing them to adopt organic products. For instance, according to the Organic Trade Association (OTA), a membership-based business association devoted to organic agriculture and products in North America, organic wine sales in the United States surpass US$ 373 million in 2020, a 17.6% increase from 8.7% in 2019. Furthermore, the growing influence of social media in developed countries is influencing the lifestyles of younger generations, encouraging them to spend more on high-end products, including wines.

The Presence of High Sugar and Calorie Content in Fortified Wines May Stifle the Market Growth of Fortified Wines.

Fortified Wine is mainly high in calories compared with regular wine, increasing the risk of obesity. Furthermore, fortified wine contains even more sugar as many varieties are made by adding spirits to the wine during the fermentation process before the sugars are converted into alcohol. Additionally, sugar consumption has been linked with a number of health problems, including diabetes, obesity, liver problems, and heart disease. For instance, according to the US Department of Agriculture (USDA), a U.S. federal agency, sweet dessert wines, such as port wines contain nearly 7 grams of sugar per 3-ounce (88-ml) serving.

Key Topics Covered in the Report: -

Snapshot of the Global Fortified Wine Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Global Fortified Wine Market

Historic Growth of the Overall Global Fortified Wine Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Fortified Wine Industry

Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors

Covid-19 Impact on the Overall Global Fortified Wine Market

Future Market Forecast and Growth Rates of the Total Global Fortified Wine Market and by Segments

Market Size of Product Type, Distribution Channel, and Body Type Segments with Historical CAGR and Future Forecasts

Analysis of the Global Fortified Wine Market

Major Production/Supply and Consumption/Demand Hubs within Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within Each Region

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Notable Key Players Mentioned in the Report: -

E & J. Gallo Winery

Constellation Brands, Inc.

Treasury Wine Estates

Trinchero Family Estates

Deutsch Family Wine & Spirits

The Wine Group

Precept Wine, LLC

Backsberg

Sogevinus Fine Wines

Taylor's Port

Notable Emerging Companies Mentioned in the Report

Bacardi Limited

McWilliam’s Wines

Rhys & Rylee LLC

Campari-Milano N.V.

F.LLI Gancia & C. SpA Canelli

Anchor Brewing

Imbue Curls US.

Emilio Lustau S.A.

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

Feedstock Suppliers (Wine Grapes)

Supplier of Chemical Additives

Wine Branding and Marketing Companies

Wine Producing Companies

Vineyard Management Companies

National Wine Trade Federation

Wine International Association (WIA)

World Wine Trade Group

Specialty Wine Retailers Association (SWRA)

National Association of Wine Retailers

Wine Trade Association

American Association of Wine Economists

American Wine Society

Suppliers of Packaging Materials (Suppliers of Bottles, Corks)

Food Regulatory Authorities

Alcoholic Beverages Regulatory Authorities

Government Ministries and Departments of Alcoholic Beverages

Investment Banks and PE Firms Focused on Alcoholic Beverages Industry

Potential Entrants into Alcoholic Beverages Industry

Period Captured in the Report: -

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For More Information on the Research Report, Click on the Below Link: -

Global Fortified Wine Market Analysis

Contact Us: –

Ken Research

Support@kenresearch.com

+91-9015378249

3 Key Insights on Competitive Landscape in the Global Plant-based Meat Market: Ken Research

Country-Niche Players Constitute ~70% Despite the Presence of about ~300 Competitors, finds a Recent Market Study on the Global Plant-based Meat Market

A food item prepared from vegetarian or vegan components and consumed in place of meat is referred to as a meat alternative or meat substitute, also known as plant-based meat. Meat substitutes often mimic the texture, look, flavor, or chemical properties of particular varieties of meat.

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

Regional Players Hold Around 45% of the Market Share Followed by the Global Players Holding ~30% of the Market Share

A comprehensive competitive analysis conducted during the Research Study found that the Global Plant-based Meat Market is competitive with ~300 players which include globally diversified players, and regional players, as well as a large number of country-niche players having their niche in Plant-based Meat alternatives.

According to the research, the country-niche players held the dominant position in the market in 2021, in terms of the market share with about ~45% followed by regional players which account for ~30% of the market share.

Global Players have a Diverse Presence Across Different End-User Industries Promoting Market Growth.

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Key players have a significant presence in various food products like burgers patties, sausages, strips & nuggets, and various others. Not just key players but also emerging players are expanding in different industries with Plant-based Meat products and are also involved in strategies like collaborations and technological development to compete in the industry.

In October 2022, Licious introduced the "UnCrave" line of plant-based meats, which includes protein-rich vegetarian "chicken" and "muttan" seekh kebabs. Currently, the business is also selling an introductory single-serve pack for Rs 99. The ready-to-cook foods are guaranteed to be free of trans fat, artificial preservatives, and the flavor enhancer monosodium glutamate (MSG). The products have a shelf life of 12 to 14 days and require 8 minutes to cook.
In September 2022, German supermarket chain REWE now has 50 stores with service counters that sell vegan products. Veggie substitutes for meat, sausage, cheese, and fish are available at the service counters. For instance, vegan steak, vegan BBQ skewers, vegan deli salads, vegan liver sausage, various matured cheese substitutes, vegan salami, and more.

Increased Adoption of Plant-Based Meat in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins

In October 2022, through Allana Consumer Products, the plant-based meat brand Beyond Meat entered the Indian market. Through this alliance, Beyond Meat's assortment of plant-based meat products, including Beyond sausage, Beyond burger, and others, will be distributed by Allana in the country.
In October 2022, to increase client, reach and roll out new product options, Shaka Harry, a Global Plant-Based Meat Market company joined hands with Indian Cricketer MS Dhoni to promote plant-based meat products in India. The change occurs three months after Better Bite Ventures, Blue Horizon, and Panthera Peak Ventures led a $2 million seed fundraising round for Shaka Harry. According to the firm, it presently provides monthly services to more than 30,000 subscribers in 10 cities.
In September 2021, With the production of vegan substitutes for meat, eggs, and dairy by food-tech startups and companies, India entered the US market for smart proteins. One such business, Greenest Foods, transported the first shipment of plant-based meat products from the western Indian state of Gujarat to the United States.

Key Topics Covered in the Report

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

Major Players Mentioned in the Report

Beyond Meat
Impossible Foods Inc.
Starbucks Corporation
Tofurky
Kraft Foods, Inc.
Lightlife Foods, Inc
Maple Leaf Foods
Sunfed
VBites Foods Limited
Trader Joe's
Ojah B.V.

Notable Emerging Companies Mentioned in the Report

Daring Foo Daring Foods Inc.
ICL Food Specialties
Burke Corporation.
Plant & Bean
Vivera

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

Plant-Based Meat Manufacturers
FMCG Companies
HoReCa
Ghost Kitchen Operators
Food Safety Authorities
Advertising Companies
F&B Marketing Agencies
Dietary Supplement manufacturers
F&B Research Institutes
Entrepreneurs in Vegan Food Industry
Government Departments for Food Standards
Online Retail Platforms

Time Period Captured in the Report

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

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

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

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3 Key Insights on the US$ 2,000 Mn Opportunity in Global Collagen Supplements Market: Ken Research

Driven By the Rising Consumption of Collagen Supplements in Healthcare and Cosmetics Industries, the Global Collagen Supplements Market is forecasted to Cross US$ 2,000 Mn by 2028 says Ken Research Study.

Collagen is the most abundant protein in the body, containing 19 amino acids such as glutamine, arginine, proline, and glycine. Its fibrous structure is used to build connective tissue. As the collagen present depletes with age and it becomes difficult for the body to produce more, people turn to collagen supplements. Collagen supplements contain amino acids, which are the building blocks of protein, as well as some additional nutrients such as vitamin C, biotin, and zinc. The supplements have a wide range of uses in medicine and cosmetics.

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

1. Rising Adoption of Collagen Supplements by Healthcare and Cosmetics Manufacturers is Fuelling the Market Worldwide
Collagen is widely used in cosmetic preparations. The role of collagen is to increase skin hydration and prevent skin aging. Film-forming properties of collagen materials can be modified by collagen cross-linking and blending collagen with other proteins and polysaccharides.

Collagen is used widely in cosmetic surgery and as wound healing aids in burn patients. These are used widely for the reconstruction of bone and a wide variety of dental, orthopedic, and surgical purposes. The main use of collagen for clinical application is as replacement scaffolds used as tissue fillers, and as support matrices for matrix-rich tissues. Collagen scaffolds are widely used in clinical practice for plastic and reconstructive surgery, dental, wound care, and orthopedics applications among others.

According to Ken Research Analysis, the Global Collagen Supplements Market was valued at ~US$ 900 million in 2017. It is estimated to be ~US$ 1,300 million in 2022 and is forecasted to reach a market size of ~US$ 2,000 million by 2028, growing at a CAGR of ~8% during 2022 to 2028.

2. Increasing Geriatric Population and Rising Number of Diseases Related to Joints, Provides an Opportunity for the Market Growth

Collagen forms a major component of the health supplements that are consumed mainly for facilitating and building muscles. Collagen is a key component in bones, skin, muscles, and other body parts. Bones are mostly made of collagen, so when the body ages and loses collagen, bone mass, and bone strength suffer. Adding in a collagen supplement, along with other bone-strengthening exercises and supplements, can help to prevent bone breakage.

Collagen is a protein that is found in many parts of the body, including the cartilage between bones. Since collagen is made up of amino acids, the building blocks of protein, it has been hypothesized that the body can use the amino acids in collagen supplements to protect and rebuild joint cartilage that has been damaged by osteoarthritis (OA) and rheumatoid arthritis (RA).

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Collagen type II is most often used to treat pain in osteoarthritis and rheumatoid arthritis. It is usually taken from chickens. It is said to work by causing the body to produce substances that fight inflammation, but this has not been proven. Chicken collagen contains the chemicals chondroitin and glucosamine, which may help rebuild cartilage.

According to National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP), In the United States, 24% of all adults, are suffering from arthritis. It is a leading cause of work disability, with annual costs for medical care and lost earnings of $303.5 billion.

The graph below represents the prevalence of different types of arthritis:

3. High Cost of Collagen Supplements and the Growing Adoption of Veganism are the Major Challenges Faced by The Collagen Supplements Market

The changing preferences of people for a vegan diet are pushing up the demand for plant-based and vegan collagen supplements, thereby reducing the demand for bovine, porcine, and marine-based collagen supplements. Veganism has become very popular in many countries and is particularly popular in the fitness community. According to the Good Food Institute, sales of plant-based foods grew three times faster than overall food sales in 2021. Thus, with the rise in the adoption of veganism, the sales of animal products are declining.

Due to the increasing disposable income of consumers, the increasing vegan population, and increasing health concerns over the consumption of animal-derived supplements, consumers in India prefer vegan alternatives.

As per the data provided by the PBFA and GFI, in 2020, plant-based food retail sales grew by 27% in the US over that in 2019, which was faster than the growth rate of the overall US retail market, which grew by only 15%.

According to the People for the Ethical Treatment of Animals (PETA), about 2.5% of the US population follows a vegan diet and lifestyle. Such factors may limit market growth during the forecast period.

The graph below represents the percentage of the vegan population in different countries in the year 2020.

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

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

3 Key Insights on ~US$ 1,200 Mn Opportunity in the Global Vegan Chocolate Confectionery Market: Ken Research

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Growing Environmental Protection Initiatives and Increased Public Awareness Regarding Animal Cruelty Are Driving Market Expansion for The Global Vegan Chocolate Confectionery Market which is forecasted to Cross ~US$ 1,200 Mn by 2028 says Ken Research Study.

Chocolate that has not been manufactured using dairy products or that has not come into contact with any animal products, such as dairy, eggs, or honey, is referred to as vegan chocolate. Vegan milk chocolates may not actually taste like dairy-based milk chocolates since the creaminess originates from plant-based ingredients like rice, oats, or coconut.

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

Dairy-free and lactose-free products are becoming more favored by consumers, assisting the market to expand.

Diverse food allergies and instances of lactose intolerance have been reported in recent years related to dairy products such as milk, cream, cheese, and yogurt. Anaphylaxis, milk protein-induced entropy and gastroenteritis are just a few of the allergens that can occur from dairy intolerance. The demand for vegan products is expanding as a result of these adverse health effects. Thus, it is predicted that during the forecast period, the rising vegan population will drive market expansion.

According to Food Tolerance Network data, as of 2019, approximately 70% of the world's population was lactose intolerant to some extent.

According to Ken Research estimates, the Global Vegan Chocolate Confectionery Industry – valued at around ~US$ 335 million in 2017 and estimated to reach nearly ~US$ 575 million by 2022 – is further expected to grow to around ~US$ 1,200 million opportunity by 2028.

Consumers' Increasing Healthcare Awareness Is Driving More Demand For Vegan Chocolates.

According to the American Academy of Nutrition and Dietetics and the British Dietetic Association, diet is appropriate for persons of all ages and stages of life. A well-planned vegan diet that meets healthy eating standards gives all of the nutrients that the body needs. Veganism promotes healthy eating habits while lowering the hazards linked with toxic animal fats. Plant-based chocolate is high in vitamins, fiber, and minerals. Many lactose-intolerant people prefer plant-based alternatives. As a result, the global demand for vegan chocolates is expanding.

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The National Library of Medicine in 2022 reported that approximately 65% of individuals worldwide suffer from lactose intolerance to some extent.

Vegan Chocolate Is Expensive Since It Contains High-Quality Ingredients, Restricting The Market Growth.

Vegan chocolate is extremely nutritious for consumers, but its overall cost is substantially greater than that of regular chocolate, making it difficult for vegan chocolate manufacturers to compete in the worldwide market.

Vegan chocolate typically costs ~35 US$/Kg whereas regular chocolate costs roughly ~13/Kg.

Key Topics Covered in the Report: -

Snapshot of Vegan Chocolate Confectionery Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Vegan Chocolate Confectionery Market

Historic Growth of the Overall Vegan Chocolate Confectionery Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Vegan Chocolate Confectionery Market Industry

Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors

COVID-19 Impact on the Overall Vegan Chocolate Confectionery Market

Future Market Forecast and Growth Rates of the Total Vegan Chocolate Confectionery Market and by Segments

Market Size of Application / End User Segments with Historical CAGR and Future Forecasts

Analysis of the Vegan Chocolate Confectionery Market in Global Regions

Major Production/Supply and Consumption/Demand Hubs in the Region

Region-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within the Region

Notable Emerging Companies Mentioned in the Report

CRAVE

One Good.

MilkinOats

Nucao

Piperleaf

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

Vegan Chocolate Confectionery Manufacturers and Providers

Vegan Chocolate Confectionery Distributors and Developers

Vegan Chocolate Organizations, Forums, Alliances, and Associations

New Entrants/Investors

Analysts and Strategic Business Planners

Vegan Chocolate Manufacturers

Suppliers and Distributors of Vegan Chocolate Confectionery,

Venture Capitalists and Private Equity Firms,

Government Regulatory and Research Organizations

Market research and consultancy firms

Time Period Captured in the Report:

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For More Information on the Research Report, Click on the Below Link: -

Global Vegan Chocolate Confectionery Industry

Contact Us: –

Ken Research

Support@kenresearch.com

+91-9015378249

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3 Key Insights on Competitive Landscape in the Global Automotive Glass Market: Ken Research

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Regional Players Dominate the Automotive Glass Market, Despite the Presence of ~100 Competitors Comprising a Significant Number of Global and Country-Niche Players, finds a recent market study on the Global Automotive Glass Market by Ken Research

Automobile glass is commonly referred to as Laminated Glass or tampered glass. Laminated glass is manufactured by fusing a thin layer of polyvinyl butyral with two solid glass layers. Tempered glass is made by heating glass and then rapidly cooling it to room temperature to increase its tensile and compressive strength. Tempered glass is most commonly used for car windows, sunroofs, backsides, and others. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Global Players Constitute ~20% of the Total Number of Competitors, While Regional Players Represent ~45% of Total Competitors by Type

Competitive Analysis by the research study found that the global automotive glass market is significantly competitive with ~100 players which include country-niche players, regional players as well as a significant number of globally diversified players, who deal in the manufacturing of automotive glass to OEMs or aftermarket. The large global players even though comprise ~20% in terms of the number of companies, hold a majority portion of the market revenue share followed by regional players which account for significant market revenue. Most of the players are having their headquarters in the Asia Pacific region.

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2. Majority Number of Players are Specialist, Manufacturing a Wide Array of Products in the Global Automotive Glass Market.

Detailed comparative analysis of key competitors available within the research study reveals that players have a variety of automotive glass product products catering to various applications such as windshields, backlite, sidelite, sunroofs, and others. All leading competitors have a strong presence in the global automotive glass market. Furthermore, several companies and organizations are aggressively investing in R&D to cater to the demand of end-users.

In September 2020, FUYAO Glass announced an expansion of US$ 45 million for a new automotive glass plant in Montgomery, Ohio.
In July 2019, Corning Incorporated announced the opening of a new automotive glass solutions facility in the Hefei Xinzhan Hi-Tech Industrial Development Zone in Anhui province, China.

Government Initiatives & Programs To Encourage the Expansion of the Global Automotive Glass Market

According Indian Brand Equity Foundation (IBEF), a semi-government trust formulated by the department of commerce, stated that, in September 2021, the Indian government issued a notification regarding a PLI (Production Linked Scheme) for automobile and auto components worth US$ 3.49 billion.

In May 2020, The French Government announced, a US$ 8.8 billion aid package to help the auto industry recover from the COVID-19 crisis, including increased incentives for new electric vehicles.

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Key Topics Covered in the Report

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

Major Players Mentioned in the Report

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

Notable Emerging Companies Mentioned in the Report

Magnum Tuff India Private Limited
Glavista
Speedy Autoglass
Mobss Windshield Pvt. Ltd.
Vehicle Glass Company Ltd.

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

Automotive Glass Manufacturing Companies
Soda Ash Suppliers
Silica and Sand Suppliers
Government & Regulatory Authorities
Automotive Research Institutes
Investors in Automotive Industry
Smart Glass Manufacturers
Automotive OEMs
Start-ups & Incumbents in Automotive Electronics
Automotive Testing & Inspection Companies
Company Research and Development Institutes
Market Research & Consulting Firms
Banking and Financial Service Providers
Investment Banks Targeting Automotive Component Industry

Time Period Captured in the Report

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

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

Global Automotive Glass Market: Ken Research

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3 Key Insights on the US$ 30 Billion Opportunity in the Global Automotive Glass Market: Ken Research

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Driven by the increasing demand for passenger cars, and the rising automotive industry. The Global Automotive Glass Market is forecasted at approximately US$ 30 Bn by 2028 says Ken Research Study

Automobile glass is commonly referred to as laminated glass or tampered glass. Laminated glass is manufactured by fusing a thin layer of polyvinyl butyral with two solid glass layers. Tempered glass is made by heating glass and then rapidly cooling it to room temperature to increase its tensile and compressive strength. Tempered glass is most commonly used for car windows, sunroofs, backsides, and others.

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

1. Asia Pacific’s Budding Automotive Industry is a Driving Factor for Automotive Glass Market Growth.

According to Ken Research Analysis, the Global Automotive Glass Market was valued at US$ 15 billion in 2017, it is estimated to be ~US$ 20 billion in 2022 and is forecasted to reach a market size of ~US$ 30 billion opportunities by 2028, owing to Increasing demand for electric vehicles, hybrid vehicles, and luxury cars.

According to Invest India, the Indian automobile industry is expected to reach US$ 300 billion by 2026 from US$ 222 billion in 2022. In the automobile market in India, passenger cars accounted for 17.4% of the market share. Passenger car sales are dominated by small and midsized cars.

According to Japan External Trade Organization, domestic automobile production in 2019 was 9.68 million units and domestic automobile sales in the same year were 5.2 million units. The growing automotive industry is expected to directly propel the growth of the automotive glass market.

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2. Increasing Vehicle Production, and Rising Demand for Passenger Cars, are Fuelling the Growth in Automotive Glass Market.

COVID-19 halted vehicle production and sales worldwide, however, the current situation is getting better, the demand for passenger cars including SUVs, electric cars, light commercial vehicles, and midsize passenger cars, is increasing. The rising population and spending of people also lead to growth in the sale of passenger cars. Regular upgradation in vehicle structure and technology as per the demand from the customers is likely to boost the sale of vehicles.

The International Organization of Motor Vehicle Manufacturers (OICA), an organization working in the interest of vehicle manufacturers and assemblers stated that vehicle production increased by 3% from 2020 to 2021 after declining by 13% from 2019 to 2020. Increasing the production and sales number of vehicles directly helps the automotive glass market to grow.

3. Fluctuating Raw Material Price is Hampering the Growth of the Automotive Glass Market.

The higher raw material price of manufacturing glass is hampering the growth of the market. As per the Chemical and Engineering News (C&EN), soda lime glass is the most common material used in the manufacturing of glass, it accounts for roughly 90% of all manufactured glass including bottles, jars, building windows, and others. During the COVID-19, the prices of soda ash have declined significantly but as the demand surged and supply reduced due to the low production volume, the prices of these materials have soared to an all-time high, owing to the prices of automotive glass also fluctuating and restraining the growth of the market.

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Key Topics Covered in the Report

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

Major Players Mentioned in the Report

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

Notable Emerging Companies Mentioned in the Report

Magnum Tuff India Private Limited
Glavista
Speedy Autoglass
Mobss Windshield Pvt. Ltd.
Vehicle Glass Company Ltd.

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

Automotive Glass Manufacturing Companies
Soda Ash Suppliers
Silica and Sand Suppliers
Government & Regulatory Authorities
Automotive Research Institutes
Investors in Automotive Industry
Smart Glass Manufacturers
Automotive OEMs
Start-ups & Incumbents in Automotive Electronics
Automotive Testing & Inspection Companies
Company Research and Development Institutes
Market Research & Consulting Firms
Banking and Financial Service Providers
Investment Banks Targeting Automotive Component Industry