The brokerage industry generated a revenue of INR 380 Bn in FY 2023. Will Indian brokerage industry continue on this growth trajectory? Ken Research

 Buy Now

1. New age investors preferring low priced DIY platforms supplemented with free industry level research

Trends and Developments India Financial Brokerage Industry

• Traditional brokerage charges of 0.3-0.5% have prompted retail investors to shift to Flat
• fee model; thereby preferring Discounted Brokerage Firms.
• Exhaustive list of FAQs on website, Quick response time, above 99% SLA is preferred.
• Withdrawal of Funds: Retail Investors prefer brokerage offering option of anytime.
• withdrawal of funds. Recently, integrated by many discount brokerages within platforms.
• Seek feedback of peer investors’ trading platforms to consider opening/switching broker.
• Cost of Services: Prefer Free/Minimal charges on advisory services, stock reports,
• additional industry Coverages etc.
• Quality of Services: Investors tend to compare advisory/reports of different brokerages.
• and prefer one’s with most accurate& reliable analysis.

2. Fear of Shrinking retail customer base prompting firms to diversify to non-core services

To learn more about this report Download a Free Sample Report

FSB Retail Clients switching to Discount & Hybrid Brokerages

• With growing traction from prices offered by discount brokerages, losing out on retail clients & FSBs converting to Hybrid, revenue from Full Service Brokerages has been following a downward trend.
• In order to attract more customers, major FSBs are indulging in cross selling & focusing on non-core segments including distribution of mutual funds, insurance, loans etc.
• Decreasing momentum of FPI Investments & IPOs (INR 1,236 Cr (FY’14) to INR 1,5750 Cr (FY’19)) also contributed to downturn for FSBs.
• With similar brokerage pricing major players competing on research & advisory services, Trading Platforms provided & Third Party add ins.

3. Fostering Client Trust might take toll on Brokerage’s Revenues

Visit this Link: – Request for custom report

• Amendment: Brokerages can lend as much as their own capital.
• Likely Impact on Capital Market Trading Activity: Intraday trading forms a major chunk of capital market trading and amendment could impact the ‘Level of Margins’ being availed by clients.
• Impact on Brokerage Firms: A welcomed move for overall development of industry in long term yet likely to take toll on brokerage revenues for firms offering higher margins as their USP.
• New Guideline: Collection of Information of Client Securities from all trades and matching it with securities.
• Impact on Brokerage Firms: Additional carefulness in reporting fund/securities balance to prevent another Karvy like situation

Global Fortified Wine Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach ~USD 20 Bn By 2028 – Ken Research

 Buy Now

What Is The Size Of Global Fortified Wine Industry?

The Fortified Wine Market is largely driven by increasing alcohol socialization among consumers along with the increasing adoption of European culture.

Rapid socioeconomic changes and urbanization are propelling demand for premium alcoholic drinks, including wines across countries.

Wine is an integral part of Western culture and is disseminated globally, particularly in Asian countries, which is supporting the market's exponential rise.

The presence of high sugar and calorie content in fortified wines may stifle the market growth of fortified wine.

The ongoing COVID-19 pandemic has resulted in an unprecedented drop in the global wine trade in 2020, due to the lockdowns imposed by several governments across countries, which have halted wine production. Furthermore, extensive closures of restaurants and bars, as well as the restrictions on socializing have lowered the sales of fortified wine.

To Know More about this report, download a Free Sample Report

Global Fortified Wine Market By Product Type

The Global Fortified Wine market is segmented by Product type into Port Wine, Vermouth, Sherry and Others.

The vermouth segment held the largest share of the global fortified wine market in 2022, owing to the presence of a wide range of botanicals, such as herbs, spices, roots, and flowers that provide a number of potential health benefits, such as improving digestion, reducing stress, reducing inflammation, protecting the immune systems, and more.

The increasing use of vermouth wines in making cocktails, especially manhattan, and martinis because of their sweetness and lower alcohol levels is propelling its market growth.

Furthermore, it has lower Alcohol by Volume (ABV) than other fortified wines which is a major contributing growth factor of vermouth wines.

Global Fortified Wine Market By Distribution Channel

The Global Fortified Wine market is segmented by Distribution channel into Pubs, Bars, & Restaurants, Internet Retailing/Online, Liquor Stores, Supermarkets/Hypermarkets and Others.

The Liquor Stores segment held the largest share of the Global Fortified Wine Market in 2022, owing to the increased number of liquor stores across countries, where individuals can easily seek wines.

The availability of a wide range of products under numerous brands at lower prices in liquor stores than in bars, restaurants, nightclubs, hotels, and other on-trade channels is also driving the market growth of liquor stores. Furthermore, the segment is expected to remain dominant during the forecast period (2022-2028), owing to the improved alcohol distribution channel network globally.

Global Fortified Wine Market By Body Type

The Global Fortified Wine market is segmented by Body type into Light Bodies, Medium Bodies and Full Bodies.

The Full Body segment held the largest share of the Global Fortified Wine Market in 2022, as the majority of red wines fall into this category, which is the most widely purchased wine by individuals among others, including rose and white.

Another growth factor is the presence of alcohol levels and certain substances, such as antioxidants in red wine, which help in the prevention of coronary artery disease, leading to heart attacks.

Furthermore, unlike light or medium-bodied wines, full-bodied wines have low acidity levels that prevent gastric acid secretion and gastrin release, as well as a high alcohol content that is frequently used in cocktail making.

Visit A link:- Request for Custom Report

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

Notable Key Players Mentioned in the Report

• & 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.
• 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 insights on the market intelligence, refer to the link below:

Global Fortified Wine Market

The on-demand home services industry is valued at AED 4 Bn as of 2021. Will UAE be able to continue the growth trajectory? : Ken Research

 Buy Now

1. UAE Inflation rate is rising even though there is increasing government incentives to buyers is driving the residential real estate market of UAE, despite the rise in prices

Trends and Developments in UAE on-demand home services

• Average prices of houses in Dubai increased by 9.3% in 2021, while average rents increased by 8.3%, as compared to 2020. In 2021, a total of 37,403 new units were delivered. Average prices in Abu Dhabi increased by 1.6% in 2021 while rents in the residential market fell by 1.4%. A total of 5,435 new units were delivered.
• Reasons of increasing demand for residential real estate in UAE despite of increasing prices of properties:
  • Government incentives such as special investor and retirement visas, golden long-term visas, as well as the reduction of the loan-to-value (LTV) for first time homebuyers to 20% by the UAE Central Bank, low interest rates and competitive mortgage products gave a boost to the industry.
  • Increase in the number of transactions in the residential real estate market, indicates an increase in the demand for On-Demand Home Services in UAE. Cleaning, Repair and Maintenance, Moving in/out services would be in high demand with shift in the number of households.

Industry has evolved from offering home services through classified platforms to providing on-demand home services through marketplaces.

2. 70% marketplaces have adopted Lease type business model to ensure quality services to its customers

To learn more about this report Download a Free Sample Report

Types of business models adopted by Marketplaces to partner with Service Providers

1. Lease Model –. Around 70-80% of marketplaces are taking up this business model, for example Justlife and Urban Company.
2. Open Market Model –The marketplace charges a commission to the service providers on each booking made by the customers. For example, Mr.Usta.

 Benefits to service providers for partnering with On-Demand Home Services

• They get to promote and sell their services to a huge network of buyers.
• Expand their business and grow as a company and earn extra revenue.

Benefits to customers for using On-Demand Home Services

• Access to services at home, when there are no local service providers in the vicinity; multiple payment options with data security and safety.
• In-app chat with local vendors and get local vendor details.

3. Impact of COVID on demand and user preferences in the On-Demand Home Services Industry in UAE

Visit this Link: – Request for custom report

Pre-COVID Scenario

• Around 70% of households had full time maids/cleaners who would take care of the entire house cleaning.
• Individuals preferred going to salons/beauty parlors for beauty services.
• Less than 20% of people actually availed these services online through marketplaces.
• Repair and Maintenance services contribute only ~10% to the industry.
• Majority of the apartments in UAE have fixed maintenance contracts with a particular service provider.
• Other services were not that popular in the pre-COVID times. Moving/Packing services has always been in demand but the number of bookings for these services is very low.

Post COVID Scenario

• Number of full time maids reduced post COVID; people preferred getting cleaners on demand through marketplaces or service providers.
• Also, with increase in the awareness of hygiene and sanitation, demand for cleaning services rose post COVID.
• The scenario for Repair and Maintenance services has not changed much as compared to the pre-covid scenario.
• Due to the fall in residential house prices/rents during COVID, people have started shifting to bigger houses; leading to increasing in moving/packing services and other home services.

The growth of Thailand Ophthalmology Market has been about THB 11 Th in 2020- Will Innovations in Eye Care Technology further boost growth by 2025? Ken Research

 1. Technological Innovations in the Ophthalmology Field in Thailand.

                        

Technology In Ophthalmology Industry in Other Countries

Thailand became one of the leading countries regarding tele-ophthalmology researches after establishing tele-ophthalmology system between Bangkok and health centers in remote rural areas.

ReLEx technique is practised which uses the VisuMax femtosecond laser, minimizes the cornea weakening and results in better curvature change than with LASIK.

Thammasat Chalermprakiat Hospital’s Artificial Eye Center has initiated a project to produce fake eyes free of charge, for people who’ve lost their eyes. Artificial Eyes create a stop-gap arrangement for patients waiting for permanent fake eyes.

2. Scope of Medical Tourism in the Ophthalmology Space in Thailand-What Makes Thailand a Favourable Destination?

                       

Interested to Know More about this Report, Request for a sample report

• Femtosecond Laser (ReLEx SMILE technique) & Wavefront Customization are 2 optimized technologies offered for LASIK in Thailand; LASIK process complete in 15 mins for both eyes
• Samitivej Thonburi Hospital & TRSC International LASIK Center conduct LASIK surgeries at $2000 and $2,500 respectively, which including travel & accommodation costs less than that in US/Australia/UK.
• Combining eye surgery procedure with an entire 5–6-day vacation in the country is very common due to the low living costs & the tropical nature of the country from a leisure post of view.
• Thailand houses LASIK institutes such as TRSC International LASIK Center, which have been awarded ISO 9001:2000 certification. Pioneers of Eye Care such as Dr Uthai Rutnin & Dr Ekktet Chansue run successful clinics in the country.

3. Key Future Growth Trends for Ophthalmology in Thailand.

                         

 

Visit this Link :- Request for custom report

Clinics are increasingly creating separate divisions for pediatric ophthalmology. Trend expected to continue as eye ailments become more common across children.

Double Eyelid surgery is the most common cosmetic procedure performed in Thailand, & is expected to continue to be so, as eye clinics begin offering the procedure in its packages.

Eye Surgeries are expected to grow at a CAGR of about 3.5% from 2020-2025, while Surgery Revenues are projected to grow at a CAGR of about 5% over the same period.

Average Consultation price is expected to rise from THB 1,100 in 2020 to nearly THB 1,200 in 2025.

Expanding Charging Stations, Incentives, and Regulations: What Does the Future Hold for the USA EV and EV Charging Equipment Market? : Ken Research

 Buy Now

The Road to a Greener Future: How $1000 Bn investment annually and marketing efforts by EV companies will accelerate the growth of EVs in the USA by 2026, says a report by Ken Research

1. Addressing Gaps in the EV Market: Collaboration between Mining Companies, Charging Infrastructure Expansion, and Public Awareness.

To Know Analyst Recommendation on Market: Click Here

2. American Government Launches National Electric Vehicle Infrastructure (NEVI) Formula Program to Boost EV Usage.

To learn more about this report Download a Free Sample Report

The BIL launched the NEVI Formula Program to fund the strategic deployment of EV charging infrastructure and establish a network for data collection and access. FHWA allocates funding to states based on a formula using federal highway and Puerto Rico Highway Program funding. States must submit an EV Infrastructure Deployment Plan to access NEVI Formula funds.

How is the technological disruption gearing up the KSA Used Car Market for the long ride?: Ken Research

 Buy Now

The Used Car Market in KSA has witnessed a positive growth over the years supported by the increase in the millennial population in the country along with the entry of emergent players into the market. The rising trend in used cars over new cars indicates the buyer’s preference for purchasing used cars. Car dealers are emphasizing providing integrated user-friendly platforms to ease the buyer’s journey of used cars in the country. In this segment, we will highlight these trends and developments that are changing the used car industry on a positive note with promising future growth.

1. The KSA Used Car market is in its growth stage and is highly fragmented with multiple players competing on the basis of locations covered, brand availability, financing options, and more

2. The entire vehicle purchasing journey in KSA is undergoing digital transformation, from pre-buying browsing and researching to pricing comparison, finding a dealer, financing options & purchases

3. Social media plays a major role in generating leads for dealers & end consumers by virtue of offering advertisements at a lower cost with respect to other traditional marketing channels

Request a Call with Expert to know more about the business model

4. However, unverified sellers & lack of additional services online are some of the customers’ pain points, which are now addressed by the online auto portals in order to drive more sales

 

5.  Additionally, the diffusion of advanced technology & digital enablement will further help the KSA used car market to expand with double-digit growth in the future

To Know more about this Whitepaper, Visit this link:-

Saudi Arabia Used Car Market

Related Reports By Ken Research:-

France Used Cars Market Outlook to 2027

UK Used Car Market Outlook to 2026F

Global Eubiotics Market expected to record a CAGR of ~8% during the forecast period (2017-2028): Ken Research

 Buy Now

What Is The Size Of Global Eubiotics Industry?

Global Eubiotics market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 8 Bn by 2028.

The Eubiotics Market is largely driven by rise in demand for animal protein, the rise in demand for produced feed, and the restriction on antibiotics.

The rising awareness of the quality and safety of feed additives is boosting the global market. Furthermore, it is thought that feed additives' significant health advantages will continue to drive the global market's rise. The Eubiotics industry is expanding significantly due to rising demand for animal protein, produced feed, and the replacement of antibiotic growth promoters (AGPs) with Eubiotics.

One of the biggest obstacles facing the Eubiotics market during the forecast period is the increasing illness outbreaks in cattle. Further, the growing cost of Eubiotics' raw materials may present difficulties for the global market.

The COVID-19 pandemic had a marginal effect on the Eubiotics market. The industry experienced a mixed response as a result of the social limitations in the key markets, which cost the company money. However, the pandemic led to more knowledge of the harmful effects of antibiotics on animals, which favorably impacted the market's expansion.

To learn more about this report Download a Free Sample Report

Global Eubiotics Market By Product Type

The Global Eubiotics market is segmented by Product type into Probiotics, Prebiotics, Organic Acids, Essential Oil and Others.

Probiotics segment held the largest market share in 2022, This is ascribed to growing consumer awareness of the use of probiotics in animal feed, continued R&D efforts to create effective solutions, and extensive product portfolios offered by key industry players.

Additionally, it is anticipated that the numerous animal applications, including immune enhancement and gut health maintenance, will positively affect market demand.

Due to the usage of live microorganisms and enhanced benefits for the gastrointestinal system, probiotics are expected to grow the fastest during the anticipated timeframe.

Global Eubiotics Market By Form

The Global Eubiotics market is segmented by form into Dry and Liquid.

Drysegment held the largest market share in 2022, this significant percentage is explained by its benefits, such as improved defense against light and moisture exposure.

Flakes, beadlets, and cross-linked beadlets are examples of Dry forms. Beadlet technology reliably shields the active components from thermal and mechanical stress, enhancing their stability and bioavailability for use in the manufacturing of feed.

Due to longer shelf lives than liquid Eubiotics and increased use of feed additive products, the dry segment is expected to grow the most during the anticipated period.

Global Eubiotics Market By Function

The Global Eubiotics market is segmented by Function into Nutrition & Gut Health, Yield, Immunity and Production.

The nutrition and gut health segment held the largest market share in 2022, the causes can be linked to the effectiveness of Eubiotics in improving gut health and the creation of effective eubiotic carrier mediums for improved distribution in the intestinal system.

Its substantial share can be attributed to the fact that animals frequently experience problems with their digestive systems as well as the rising popularity of preventative healthcare.

Eubiotics are used to improve the health and performance of farmed animals. The antibacterial actions and the product's capacity to change gut flora are what determine its effectiveness most of all. Fructo-oligosaccharide, beta-glucan, probiotics, mannan-oligosaccharide, and prebiotics are all known to improve gut health.

Visit this Link: – Request for custom report

Global Eubiotics Market By Livestock

The Global Eubiotics market is segmented by Livestock into Cattle, Poultry, Swine, Aquatic and Others.

The poultry segment held the largest market share in 2022, due to the rise in chicken consumption, the improvement of poultry bird health, and the provision of protein.

The rising demand and consumption of chicken, turkey, duck, and boilers worldwide are responsible for its significant share. Of these, chicken meat is the most popular since it is inexpensive compared to other meats, has a low-fat content, and is consumed with fewer religious and cultural restrictions.

Pork consumption is rising, forcing farmers to create high-quality, disease-free meat products for animal consumption. As a result, the need for feed additives is growing.

Key Topics Covered in the Report

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

Major Players Mentioned in the Report

• DSM
• Novus International, Inc.
• Lallemand, Inc.
• Behn Meyer
• Lesaffre Group
• Kemin Industries, Inc.
• Novozymes
• Chr. Hansen Holding A/S
• BASF SE
• Cargill, Incorporated

Request free 30 minutes analyst call

Notable Emerging Companies Mentioned in the Report

• Bluestar Adisseo Co
• Biomin
• Roquette Frères
• Associated British Foods plc
• Evonik Industries AG

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

• Eubiotics Manufacturers
• Eubiotics Association
• Research & Development Institutes for Eubiotics
• Eubiotics Materials and Ingredients Suppliers
• Eubiotics Distributors
• Probiotics Manufacturers
• Investment Banks Targeting Eubiotics Market
• Food Research and Development Institutes
• Market Research & Consulting Firms
• Banking and Financial Service Providers
• Government & Regulatory Authorities
• Investors in Food Start-ups
• Start-ups & Incumbents in Food Sector
• Certification & Inspection Companies
• F&B Marketing Agencies
• Dietary Supplement manufacturers

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Eubiotics Market

Revolutionizing Qatar's Restaurant Industry: Exploring the Impact of 3 Mn Orders from Cloud Kitchens and 40 Mn from Online Food Delivery Market - What Does the Future Hold? – Ken Research

 Buy Now

In 2022, The Food Delivery and Cloud Kitchen Markets in Qatar Demonstrated Growth Rates of around 10% And 85%, Respectively, Providing Crucial Support to the Qatar Retail Restaurant and Hotel Industry, says a report by Ken Research.

1. The Emergence of Deliveroo Expected to Heat up Competition in Qatar's Highly Consolidated Food Delivery Market Dominated by Talabat, Rafeeq, and Snoonu.

To Know More about this report, download a Free Sample Report

Talabat has partnered with a variety of restaurants such as Beans Café, Chips & Dips, ciao, and Burger hood, among others. Restaurants that partner exclusively with Talabat are eligible for a moderate commission rate. Talabat's market leadership is attributed to its quick delivery, aftersales services, and reduced commission rates. Snoonu and other online food delivery platforms are investing in technologies such as IoT-enabled fleet management solutions and advanced analytics to better understand customer behavior and optimize their operations and logistics in highly populated areas. In Qatar, players in the food delivery market are expanding their restaurant offerings by establishing partnerships with various outlets. For example, new player Deliveroo has partnered with Pinkberry, Nando’s, Tim Hortons, Wendy’s, and others to attract more customers.

2. Exploring the Dominance of Waka Cloud Kitchen, Cloud Kitchen QA, and Kitopi in Qatar's Thriving Cloud Kitchen Market with Over 1.5 Mn Orders in 2022.

Visit This link:- Request for Custom Report

In 2022, Rafeeq Al Darb Trading Services and Transportation introduced "Waka-Cloud Kitchen," a central kitchen that collaborates with 120 restaurants and provides various cloud restaurants. Meanwhile, Kitopi, a company headquartered in the UAE, established its initial kitchen in Qatar in July 2022 and announced its Series C funding round, with Softbank Group Corp's Vision Fund 2 as the primary investor. KLC Virtual Restaurants, on the other hand, aims to take advantage of an unexplored online food delivery market in Qatar by launching three virtual kitchens in 2022 and planning to open a fourth one in Q1 2023.

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

Qatar Retail Restaurant Industry

Global Ethnic Foods Market expected to record a CAGR of ~8% during the forecast period (2017-2028): Ken Research

 Buy Now

What Is The Size Of Global Ethnic Foods Industry?

Global Ethnic Foods market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 80 Bn by 2028.

The Ethnic Foods Market is largely driven by increasing the accessibility and availability of ethnic food items, the increasing number of specialized ethnic food supermarket chains in developed nations.

The growing millennial generation, which is constantly seeking out new, exotic experiences, is more open to adopting exotic foods and flavors into daily diets, which is anticipated to fuel the expansion of the market for ethnic food throughout the projected period.

One of the major trends driving the expansion of the ethnic foods market is the adoption of innovative and environmentally friendly packaging by major suppliers. Vendors in the global market for ethnic foods utilize strategies to gain a competitive edge.

Market expansion is primarily affected by stringent rules and regulations that hinder the easy and smooth global trade of food products. High import and export tariffs are also obstructing market growth in some regions.

The COVID-19 pandemic outbreak had a negative impact on the market's growth. Due to the spread of the infection, many people chose to stay indoors, which had a negative effect on the hotel and catering industries. The consumption of ethnic food on major distribution channels declined as a result of fewer frequent consumers and tourists.

To learn more about this report Download a Free Sample Report

Global Ethnic Foods Market By Cuisine Type

The Global Ethnic Foods market is segmented by Cuisine type into American, Chinese, Japanese, Mexican, Italian and Others.

The Chinese cuisine segment dominated the market in 2022, due to the growing demand for Chinese food from developed regions like Europe and North America is driving industry expansion

Chinese food consumption is increasing, which in turn is driving up industry demand, as more people from Asian countries migrate abroad for higher education, tourism, and career possibilities.

According to the Higher Education Statistics Agency, in 2020 approximately 35% of non-European students in Europe were of Chinese ethnicity, leading to the increased demand for Chinese food in European and North American countries.

Global Ethnic Foods Market By Food Type

The Global Ethnic Foods market is segmented by Food type into Vegetarian and Non-Vegetarian.

The non-Vegetarian segment accounted for the highest market share in 2022, as consumption is considerably higher than vegetarian consumption worldwide.

Non-vegetarian cuisine is part of practically every household's daily diet in Europe, North America, South America, China, and the Middle East.

Compared to vegetarian meals, non-vegetarian meals make up a higher portion of an individual’s regular diet.

Visit this Link: – Request for custom report

Global Ethnic Foods Market By Distribution Channel

The Global Ethnic Foods market is segmented by distribution Channel into Hypermarkets /Supermarkets, Convenience Stores, Online and Others.

Hypermarkets/Supermarkets dominated the market in 2022 since the wider public prefers to purchase food and snacks from supermarkets and hypermarkets

Its dominance can be attributed to consumers' strong preference to buy items from big supermarkets due to its extensive range of brand and price options.

Developments in the organized retail sector, as well as a rise in the number of hypermarkets and supermarkets, along with increased metro cities and migration to metro cities, are the primary factors influencing the expansion of the whole segment.

Global Ethnic Foods Market By Application

The Global Ethnic Foods market is segmented by Application into Restaurant, Household and Others.

Restaurants accounted for the highest market share in 2022 as restaurants regularly serve ethnic foods to enhance the dining experience for consumers.

Customers have the opportunity to explore new cuisines and varieties while dining outside the home.

Taco Bell, the world's leading Mexican-inspired restaurant brand, in December 2019 announced that it had reached an important milestone in its India expansion by opening its 50th location.

Key Topics Covered in the Report

• Snapshot of Ethnic Foods Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Ethnic Foods Market
• Historic Growth of the Overall Ethnic Foods Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Ethnic Foods Market Industry
• Overview, Cuisine Type Offerings, and Strengths & Weaknesses of Key Competitors
• COVID-19 Impact on the Overall Ethnic Foods Market
• Future Market Forecast and Growth Rates of the Total Ethnic Foods Market and by Segments
• Market Size of Application with Historical CAGR and Future Forecasts
• Analysis of the Ethnic Foods Market in Global Regions
• Major Cuisine Type/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

Request free 30 minutes analyst call

Notable Key Players Mentioned in the Report

• Ajinomoto Co. Inc.
• Taco Bell
• ARYZTA AG
• Asli Fine Foods
• McCormick & Company Inc.
• General Mills
• MTR Foods
• Wanis International Food
• Santa Maria UK Ltd
• Nestle

Notable Emerging Companies Mentioned in the Report

• Sach Foods
• Omsom
• Fly By Jing
• Immi
•  Sanzo

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

• Ethnic Foods Manufacturers and Providers
• Ethnic Foods Distributors
• Ethnic Foods Organizations, Forums, Alliances, And Associations
• Government Ministries and Departments of Food Industry
• Government Regulatory and Research Organizations
• Raw Material Suppliers for Ethnic Food
• Food Packaging Equipment Companies
• Food Transport Solutions Providers

Time Period Captured in the Report

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

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Ethnic Foods Market

Oxygen gas segment is projected to grow at a CAGR of 6% by 2026- Will India’s Industrial Gas market be able to achieve this mark?: Ken Research

 Buy Now

Among the various industrial gases in the market, Oxygen, Nitrogen and Argon dominate the Indian industrial gases market with oxygen taking the lead owing to its use in a wide range of applications, as per a report by Ken Research.

1. Transportation of Gases and Impact of COVID-19 has been two major challenges in India Industrial Gas Market

Solutions to overcome challenges faced by the industrial gas market

India does not have enough cryogenic tankers to ensure 24×7 road transport. The increase in cost for transport and logistics has increased the cost of refilling cylinder. A cylinder that would earlier cost INR 100-150 for refiling, now costs INR 500-2000.

Amid Covid-19 the demand for oxygen started rising, but there were not enough cylinders and tankers to store and transport, 2021. Amid COVID-19, there was a sudden requirement for high production of Oxygen Gas which made the suppliers under pressure to produce oxygen with it’s maximum capability. To tackle the situation, most top players almost stopped making Nitrogen and Argon gases. This situation created a major hurdle for the end users of Nitrogen and Argon Industry.

2. Oxygen will be the most profitable industrial gas due to the versatilities and demand in various industries

To learn more about this report Download a Free Sample Report

Ease in transportation will help in the increased supply of oxygen in different geographical regions. Industry experts in MP said they plan to use trains to transport oxygen faster instead of solely depending on traditional road transport.

Major companies such as INOX Air Products’ new plants will be strategically located in proximity of high demand growth areas in the states of Maharashtra, Tamil Nadu, Madhya Pradesh, Uttar Pradesh, Andhra Pradesh and West Bengal.

Increasing usage of liquid nitrogen in varied range of medical activities such as cryosurgeries, cryotherapies and cryopreservation, etc., is expected to spur the demand for liquid nitrogen during forecast period. Growing energy market is likely to increase demand of argon due to its application in insulated window and solar energy.

3. Trends and Developments in India’s Industrial Gases Market

Visit this Link: – Request for custom report

IoT integration has helped in monitoring level and pressure of Gases in the tanks, but also helps in controlling the flowrate downstream of vaporizers, to avoid liquid breakthrough oxygen in the piping and to avoid reaching unsafe velocity of oxygen. This integration technique has been adopted by few big players in the industry. Linde & Praxair the leaders of the industry came together as a monopoly which will give a cut throat competition to other players in the industry.