Tuesday, May 23, 2023

How will Investment in Modern Technology catalyze the growth process of the China Logistics Market?: Ken Research

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The Chinese Logistics Market was observed to be in the growth stage during the period of 2015-2020 owing to the expanding manufacturing & retail sector, increasing disposable income, and growing value of exports and imports in the country. As per the Ken research findings, the China Logistics Industry has grown at a CAGR of 5.4% between 2015 and 2020, on the basis of revenue. The market has a high potential to boom in the coming years owing to the rising investments in modern technology. How? Let’s find out together!

1. Despite being the 2nd Largest Economy, China lags behind in the Logistics Performance Index with 26th Rank in 2020

2. However, China has the highest revenue from the Logistics Industry owing to its High Global Trade and Growth in Express Delivery Services

3. Recently, the Logistics Industry of China has witnessed an increase in Investments from major investors such as 500 Start-ups, Intel Capital, RRJ, and more, over the past 5 years

4. High Delivery Costs, Restrictions on Trucks, Unforeseen Delays are some of the major Last-Mile Delivery Problems faced in China which hold back the industry growth

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5. But with the Implementation of Green Technology, Consolidated Shipping, and Move Planning, the players are trying to solve the issues and Improve the Overall Efficiency in the Logistics Market

6. Further, wider Investment in Modern Technology is the need of the hour as Embracing Technology will help streamline the process and help the Logistic industry to expand efficiently in China

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China Logistics and Warehousing Market

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Global Agricultural Pumps Market is expected to reach ~USD 7 Bn by 2028F: Ken Research

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Global Agricultural Pumps Market By Geography

The Global Agricultural Pumps market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia Pacific accounted for the largest segment of the market in 2022, owing to the vast presence of irrigated cropland area in countries like China and India.

According to a report published by the Food and Agriculture Organization of the United Nations in 2020, three of the five top countries in the world with the largest irrigated cropland area fall within the Asia Pacific region, including China, India, and Pakistan. While China and India consist of around 68 million hectares each, Pakistan holds an area of 20 million hectares.

However, when it comes to the largest agricultural land extant, China tops the chart with 500 million hectares (Mha), followed by the United States, Australia (about 400 Mha each), and Brazil (278 Mha). Resultantly, North America and LAMEA are also considered to be significant markets for agricultural pumps.

Global Agricultural Pumps Market Forecast

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Competition Scenario In Global Agricultural Pumps Market

The Global Agricultural Pumps market has ~500 players, including globally diversified players, regional players, and country-niche players having expertise in addressing specific needs prevalent in the land, irrigation, and livestock requirements of a specific region.

Large global players constitute ~5% of the market in terms of the number of competitors, while regional players hold the largest share. Some of the major players in the market include Xylem Inc., Grundfos, Franklin Electric, Flowserve, WILO, Falcon Pumps Pvt. Ltd., Walrus Pumps Co. Ltd., Kirloskar Group, Haicheng Suprasuny Pump, Lindsay Corporation.

What Is The Expected Future Outlook For The Overall Global Agricultural Pumps Market Across The Globe?

The Global Agricultural Pumps market was valued at USD ~billion in 2022 and is anticipated to reach USD ~7 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Agricultural Pumps market is driven by the consistent rise in global population, increased pressure for food on agricultural production/supply system, growing adoption rate of modern and efficient farming techniques and governments across the world proactively supporting the modernization. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global Agricultural Pumps market is changing rapidly. For instance, In October 2022, Grundfos, a leading player in the global agricultural pumps market, launched a set of satellite-connected, solar-powered water pumps for livestock farming in association with Myriota, a key player in offering secure, low-power satellite connectivity for the Internet of Things (IoT).

In March 2022, India-based Kirloskar Group, exhibited a range of energy-efficient irrigation pumps at India’s largest agricultural fair in Pune. Made for irrigation purposes, these advanced-technology pumps from Kirloskar would consume less energy for high performance and are expected to save farmers’ electricity bills by up to 20%.

The Global Agricultural Pumps market is expected to grow steadily at a moderate pace during the forecast period. Multiple factors will drive growth in this segment, including the growing demand for food supply for a consistently surging world population, and the need for cost-efficient smart farming techniques that will save energy and reduce operational costs. The Asia-Pacific region, owing to its vast area of irrigated croplands and the proportionate pressure from a burgeoning population, contributes the most to the demand. Though the market is highly competitive with ~500 players, regional players control the dominant market share and global players also hold a significant market share.

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Key Topics Covered in the Report

  • Snapshot of the Global Agricultural Pumps Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Agricultural Pumps Market
  • Historic Growth of the Overall Global Agricultural Pumps Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Agricultural Pumps Industry
  • Overview, Product Offerings, and Strength & Weakness of Key Competitors
  • COVID-19 Impact on the Overall Global Agricultural Pumps Market
  • Future Market Forecast and Growth Rates of the Total Global Agricultural Pumps Market and by Segments
  • Market Size of Application Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Agricultural Pumps 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 Major Companies Mentioned in the Report

  • Xylem Inc.
  • Grundfos
  • Franklin Electric
  • Flowserve
  • WILO
  • Falcon Pumps Pvt. Ltd.
  • Walrus Pump Co. Ltd.
  • Kirloskar Group
  • Haicheng Suprasuny
  • Lindsay Corporation

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Notable Emerging Companies Mentioned in the Report

  • Futurepump Ltd.
  • aQysta
  • Ecozen Solutions
  • Khethworks
  • Intech Harness

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

  • Agricultural Pumps and Component Manufacturers
  • Agricultural Supply Marketplaces
  • Government Agricultural Departments
  • Agri-tech Startups
  • Agri-tech Industry Investors/ VC Funds
  • Agricultural Pump Raw Material Suppliers
  • Farmer Support Groups/ Non-Governmental Organization (NGO)
  • Large Agricultural Farms/ Food Production Companies

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 Agricultural Pumps market

Global Canned Wine Market Is Anticipated To Reach USD ~700 Million By The End Of 2028 – Ken Research

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The Global Canned Wine market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America accounted for the largest share of the Global Canned Wine Market in 2022, owing to the increasing number of households participating in camping as an outdoor recreational activity. According to the 2022 North American Camping Report conducted by Kampgrounds of America, Inc. (KOA), a USA-based company that offers outdoor hospitality, more than 93.8 million North American households considered themselves campers.

The increased adoption of portable and convenient products by consumers, notably in USA, and Canada during travel and outings is also driving demand for canned wines over bottles.

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Competition Scenario in Global Canned Wine Market

The Global Canned Wine Market is highly competitive with ~150 players which include globally diversified players, regional players as well as a large number of country-niche players with their niche in modern packaging innovations, such as Trebodur Mabeerial, and Eco Rings to substitute traditional materials such as paper and plastics, and the reliance on plastic, which typically pollutes the environment. Moreover, companies are competing on various parameters such as partnerships, new products offering, business models, marketing strategies, pricing, campaign, and more.

Regional players comprise about ~55% of the total competitors, while country-niche players represent ~35% of competitors. Some of the major players in the market include E.&J. Gallo Winery, The Wine Group, Treasury Wine Estates, Castel Group, GRUPO PEÑAFLOR, Union Wine Company, Accolade Wines, Canned Wine Co., Sula Vineyards, Francis Ford Coppola Winery, and among others.

What is the Expected Future Outlook for the Overall Global CANNED WINE MARKET Across the globe?

The Global Canned Wine market was valued at USD ~million in 2022 and is anticipated to reach USD ~700 Million by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Canned Wine market is driven by the rising popularity of outdoor leisure activities, such as overnight camping, recreational vehicle (RV) camping, hunting, and trekking building and construction industries. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

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With the increasing collaboration and emergence of new products, the Global Canned Wine market is changing rapidly. For instance, In May 2022, Accolade Wines introduced a canned format of its existing Hardys VR range of wines in three varietals, including Rosé, Chardonnay, and Shiraz across on- and off-premise channels in the market.

In February 2021, E. & J. Gallo partnered with Alixir Co. (doing business as Bev), a California-based wine supplier, to distribute Bev’s portfolio of premium canned wines across the USA.

The global Canned Wines market is forecasted to continue an exponential growth that is witnessed since 2017. The major driving factor contributing to the increasing consumption of canned wine is the rising living standards across countries, along with the increased social engagements, and adoption of western culture. Though the market is highly competitive with around ~150 participants, few country-niche players control the dominant share and regional players also hold a significant share.

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

Global Canned Wine Market

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Global Adult Incontinence Product Market is expected to reach ~USD 15 Bn by 2028F: Ken Research

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Global Adult Incontinence Product Market By Geography

The Global Adult Incontinence Product market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America accounted for the largest market share within the global adult incontinence products market in 2021, owing to the rising geriatric population, and surging government initiatives and programs towards the medical sector.

The rising geriatric population and surging diabetes and urinary diseases in the region, are likely to fuel the demand in the adult incontinence products market.

Presence of leading companies operating in adult incontinence products, like Kimberly-Clark, Medline Industries, First Quality Enterprises, and others, will catalyze the expansion of this market.

Global Adult Incontinence Product Market Forecast

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Competition Scenario In Global Adult Incontinence Product Market

The Global Adult Incontinence Product market has ~500 players, including globally diversified players, regional players, and country-niche players having expertise in addressing specific needs prevalent in the land, irrigation, and livestock requirements of a specific region.

Large global players constitute ~5% of the market in terms of the number of competitors, while regional players hold the largest share. Some of the major players in the market include Xylem Inc., Grundfos, Franklin Electric, Flowserve, WILO, Falcon Pumps Pvt. Ltd., Walrus Pumps Co. Ltd., Kirloskar Group, Haicheng Suprasuny Pump, Lindsay Corporation.

What Is The Expected Future Outlook For The Overall Global Adult Incontinence Product Market Across The Globe?

The Global Adult Incontinence Product market was valued at USD ~billion in 2022 and is anticipated to reach USD ~15 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Adult Incontinence Product market is driven by the growing diseases like diabetes, urinary, surgery, prostate. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global Adult Incontinence Product market is changing rapidly. For instance, In February 2021, NorthShore Care Supply announced its expansion into Canada. Expansion is likely to increase the domestic production and distribution channel.

In December 2020, Seniority and Nobel Hygiene join hands to launch a new range of adult diapers, Friends Premium Pants.

In July 2017, Hartmann Group announced the acquisition of Procter & Gamble’s (P&G) Lindor, an adult incontinence product brand in Spain and Portugal.

The global adult incontinence products market witnessed significant growth during the period 2017-2021, owing to the growing geriatric populations worldwide. The growth rate is expected to remain significant during the forecast period.

Though the market is fairly competitive with ~100 participants, the majority of country-niche players dominate the market share by type, and global players hold a significant market share.

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Key Topics Covered in the Report

  • Snapshot of the Global Adult Incontinence Products Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Adult Incontinence Products Market
  • Historic Growth of the Overall Global Adult Incontinence Products Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Adult Incontinence Products Industry
  • Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
  • COVID-19 Impact on the Overall Global Adult Incontinence Products Market
  • Future Market Forecast and Growth Rates of the Total Global Adult Incontinence Products Market and by Segments
  • Market Size of Type / End-Users Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Adult Incontinence Products 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

  • Kimberly-Clark
  • First Quality Enterprises, Inc.
  • Medline Industries
  • Ontex BV
  • Unicharm Corporation
  • Hengan International Group Company Ltd.
  • NorthShore Care Supply
  • DSG International
  • Attends Healthcare Products, Inc.
  • Drylock Technologies

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Notable Emerging Companies Mentioned in the Report

  • Fujian Hanhe Sanitary Products Co., Ltd.
  • Vivia International Private Limited
  • Quanzhou Jiayue Sanitary Articles Co., Ltd
  • Quanzhou Xili Hygiene Materials Co., Ltd
  • Bellibox

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

  • Adult Incontinence Products Manufacturing Companies
  • Adult Incontinence Products Sales Channels
  • Adult Incontinence Products Material Suppliers
  • Potential Investors in Adult Incontinence Products Companies
  • Adult Diapers Manufacturers
  • Adult Diapers Suppliers
  • Raw Material Suppliers for Incontinence Products
  • Consulting Companies in the Personal Healthcare Market
  • Government And Research Organizations Working in the Personal Healthcare Industries
  • Investment Banks Targeting the Personal Healthcare Industry
  • Government Ministries and Departments of Healthcare

Time Period Captured in the Report

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

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

Global Adult Incontinence Products Market

Monday, May 22, 2023

The Middle East Catering Market Is Projected To Grow Into A USD 4 Bn Market In 2027. Will The Middle East Catering Market Stand On This Projected Figure? Ken Research

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The Middle East catering market has been growing rapidly in recent years due to the increasing demand for catering services from various industries, such as corporate events, weddings, and social gatherings. Here are some of the current trends in the Middle East catering market

1. Technology integration and Sustainability in Middle East Catering Market

Middle East Catering Market

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Technology integration: Catering companies are leveraging technology to streamline their operations, including online ordering systems, mobile apps, and social media marketing. Sustainability: There is a growing awareness of the importance of sustainability and eco-friendliness in the Middle East catering market. Many caterers are adopting environmentally friendly practices, such as using biodegradable packaging and sourcing local, seasonal ingredients. Overall, the Middle East catering market is evolving rapidly, with catering companies adapting to changing customer preferences and leveraging technology to improve their services.

2. Eid Al-Fitr 2023

Middle East Catering Market

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The Eid al-Fitr festival catering market is a bustling and lucrative industry that caters to the needs of Muslims during this festive season.

The catering market during Eid al-Fitr is not limited to traditional foods alone. Many Muslims also prefer to dine out during the festival, especially if they are traveling to be with family or friends. This creates an opportunity for restaurants and hotels to offer special Eid al-Fitr menus and deals to attract customers.

Additionally, the Eid al-Fitr festival catering market extends beyond food to include other services such as event planning, decor, and gift wrapping. Businesses that offer these services often experience a surge in demand during the festival.

In summary, the Eid al-Fitr festival catering market is a lucrative and important industry for businesses that cater to the needs of Muslims during this festive season. From traditional food to event planning and decor, there are many opportunities for businesses to capitalize on the high demand for goods and services during Eid al-Fitr.

3. Different Varieties and Presentation of Cuisines

Fusion cuisine: Catering companies are now offering a fusion of traditional Middle Eastern cuisine with international flavors to cater to the diverse tastes of their customers. Health-conscious menus. Customized menus: Catering companies are providing customized menus to meet the specific dietary requirements of their clients, such as vegan, gluten-free, and halal options. Food presentation: The Middle Eastern catering market is placing more emphasis on the presentation of food, with caterers focusing on creative and visually appealing displays to enhance the overall dining experience.

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

Middle East Catering Market

How Digital disruption will transform the Philippines Auto Finance Market in the next five years?: Ken Research

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The Philippines has observed the maximum growth in the automotive industry in ASEAN, with automotive loans outstanding growing at ~3% CAGR in the last five years (2016 – 2021). The industry is in the growing phase with Universal And Commercial Banking Institutions leading the Market and rising demand for used cars, a more Flexible model of financing driving the growth of the sector.

In the past 5 – 10 years, the Philippines is witnessing a new wave of digital enhancements with several new fin-tech platforms for aggregation. In this segment, we provide an overview of how this digital disruption will completely transform the Auto Finance industry in the Philippines in the next five years.

1. Philippines Auto Finance Market Loan Disbursement has witnessed a steady growth owing to government programs, user needs, and other factors

2. Rising demand in the used cars, more Flexible model of financing are some of the major trends governing the Philippines auto finance industry

3. Presently, more than 90% of Auto Finance Transactions go through a protracted process as follows

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4. But Online Auto Finance Aggregator Platforms which is an emerging Market in the Philippines is expected to extremely simplify the whole loan acquisition process

5. Digital disruptions in auto finance will make the industry more efficient and enable quicker and smarter settlements

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

Philippines Auto Finance Market

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Brazil lubricant industry is expected to grow with a revenue of more than CAGR 3% by 2025- How will macro economic factors help riase demand for lubricant’s in Brazil?

 Partnerships and collaborations with OEMs, vehicle insurers and other entities to drive the growth of the industry, as per a report by Ken Research

1.The Changing Environmental Norms and Callenges faced by the Lubricants Market- Focus on reducing CO2 Emission is a big Challenge.

                     Top 5 Funded Brazil Engine Oil Startups

Changing environmental norms in Brazil’s lubricant market

 

  • Paris Climate Agreement, Demand for reducing CO2 Emission, Focus on Green Planet has led to various changes in the Automotive and Industrial settings.
  • The new private car sales declined from 6 Mn to 1.9 Mn from 2012-16 period. Similarly, the commercial vehicle sales has witnessed constant decline during 2014-16.
  • New digital methods are disrupting the entire value chain for lubrications. Application linked data has led to change the product development to simulation based approach.
  • Mobility trends are changing with new material used for production, changes in engine standards, fuel emissions and focus on e-mobility and new lubricants being demanded as per new specifications with new applications such as cooling, battery cooling.

 2. Trends and Developments- Increasing Oil Production and Vehicles on Road is a Favorable Situation for the Market

                       Funds Raised Automotive Lubricant Startups Brazil

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In 2016, Brazil overtook Venezuela to become the region’s biggest oil producer. In 2018, it produced about 140 Mn Tonnes of Oil. This has declined oil prices and increased consumption.

The GDP Growth, industrial production increase, auto vehicle production growth, low inflation and other factors increased the market.

The lubricants market in Brazil has witnessed various partnerships, acquisitions and mergers in recent years. In 2018, Iconic was formed from a JV of Chevron and Ipiranga.

3. Decision Making Parameters undertaken by consumers buying automotive lubricants.

                            Brazil Industrial Lubricant Industry Investment

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  • The Purchase Decision is Highly Price Sensitive. Customer is willing to purchase high cost lubes for expensive vehicle. Low Price raises suspicion about the product quality in mind of customer.
  • Customer purchases product recommended by mechanic or are well known due to the lack of technical knowledge. Companies such as Petrobras, Iconic, Cosan have some of the most famous manufacturers of lubricants in Brazil.
  • Vehicle’s life and performance quality is affected by the quality of the lubricant, therefore consumers adopt for good quality product.
  • Lubricants are widely available through car service stations, supermarket, hypermarket, distributors and online shops. Mechanics or personnel prefer products which are easily accessible to them.

Global 3D Bioprinting Market is expected to reach ~USD 5 Bn by 2028F: Ken Research

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Global 3d Bioprinting Market By Geography

The Global 3D Bioprinting market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America held the largest market share among all other regions within the global 3D bioprinting market in 2022, due to the supporting government policies to augment the growth of the region.

The increasing incorporation of IT in the healthcare industry and increasing adoption of 3D bioprinting for the production of medical products is expected to be one of the major factors contributing to market growth in this region.

Global 3D Bioprinting Market Forecast

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Competition Scenario In Global 3d Bioprinting Market

The Global 3D Bioprinting Market is highly competitive with ~100 players, including globally diversified players, regional players, and many country-niche players. Most of the regional players are the developers of 3D Bioprinting used in various end-user industries.

Country-niche players constitute ~25% of the total number of competitors, while regional players dominate representing ~45% of total competitors. Some of the major players in the market include Organovo Holdings, Inc., Inventia Life Science, Poietis, VIVAX BIO, LLC, CYFUSE BIOMEDICAL K.K., 3D Bioprinting Solutions, CELLINK, BICO - THE BIO CONVERGENCE COMPANY, CollPlant Biotechnologies Ltd., Aspect Biosystems Ltd., among others

What Is The Expected Future Outlook For The Overall Global 3d Bioprinting Market Across The Globe?

The Global 3D Bioprinting market was valued at USD ~billion in 2022 and is anticipated to reach USD ~5 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global 3D Bioprinting market is driven by rapidly utilizing 3D bioprinting goods and technology in process of finding and developing new drugs. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global 3D Bioprinting market is changing rapidly. For instance, In March 2022, BICO Company AB, introduced the BIO CELLX, a revolutionary technology that automates 3D cell cultivation processes by utilizing prevalidated procedures.

In May 2021, 3D Systems, a US-based company engaged in offering 3D bioprinting technology announced the acquisition of Allevi Inc. Through the acquisition, 3D Systems plans to utilize Allevi’s expertise to develop applications in the future for the development of human organs in the long term and become a market leader in bioprinting.

The Global 3D Bioprinting Market witnessed a positive impact due to COVID-19 owing to the growing demand for 3D bioprinters from the healthcare and pharmaceutical industries. 3D bioprinters are the most common component of 3D bioprinting. Majorly, the living cells are used as material in the 3D bioprinting technology for carrying out clinical trials. Though the market is competitive with ~100 participants, regional players control the dominant share in the market and country-niche players also hold a significant share.

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Key Topics Covered in the Report

  • Snapshot of Global 3D Bioprinting Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global 3D Bioprinting Market
  • Historic Growth of Overall Global 3D Bioprinting Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of Global 3D Bioprinting Industry
  • Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
  • Covid-19 Impact on the Overall Global 3D Bioprinting Market
  • Future Market Forecast and Growth Rates of the Global 3D Bioprinting Market and Segments
  • Analysis of Global 3D Bioprinting 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

  • Organovo Holdings, Inc.
  • Inventia Life Science
  • Poietis
  • VIVAX BIO, LLC
  • CYFUSE BIOMEDICAL K.K.
  • 3D Bioprinting Solutions
  • CELLINK
  • BICO - THE BIO CONVERGENCE COMPANY
  • CollPlant Biotechnologies Ltd.
  • Aspect Biosystems Ltd.

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Notable Emerging Companies Mentioned in the Report

  • Organovo
  • Prellis Biologics
  • Pandorum Technologies
  • Regenovo Biotechnology

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

  • 3D Bioprinting Manufacturers
  • 3D Bioprinting Suppliers
  • 3D Bioprinters Manufacturers
  • Bioinks Manufacturers
  • Living Cells Suppliers
  • Hydrogels Suppliers
  • Extracellular Matrices Suppliers
  • 3D Bioprinting Distributors
  • Emerging and Startup Companies in 3D Bioprinting
  • Different Types of 3D Bioprinting Manufacturing Hubs
  • Government Departments of Healthcare
  • Government Departments of Pharmaceuticals
  • Ministries and Departments of Bio-based Materials
  • Importers and Distributors of 3D Bioprinting

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 3D Bioprinting Market

Global Biophotonics Market is expected to reach a market size of ~US$ 100 billion by 2028: Ken Research

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What is the Size of Global Biophotonics Industry?

Global Biophotonics market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 100 Bn by 2028. The Biophotonics Market is largely driven by surge of nanotechnology, combined with increasing demand for home-based Point-of-Care (POC) devices. Advances in optical technologies in the aerospace and telecommunications sectors, combined with the availability of private and government funds for R&D, are also expected to boost the market growth.

The complexity of biophotonics technology, combined with the high cost of biophotonics-based instruments, may stifle market growth. The ongoing COVID-19 pandemic has hampered biophotonics market growth by disrupting hospital care for non-COVID-19 patients in hospitals and other end-user facilities across countries.

Global Biophotonics Market By Technology

The Global Biophotonics market is segmented by Technology into In-Vivo and In-Vitro. The In-Vitro segment held the largest market share of the global biophotonics market in 2022. In-Vitro basically used studying cells in culture or methods of testing the antibiotic sensitivity of bacteria. Furthermore, in-vitro optical imaging is being conducted in a variety of medical applications, such as optical breast cancer imaging, functional brain imaging, endoscopy, exercise medicine, and monitoring the photodynamic therapy and progress of neoadjuvant chemotherapy.

Global Biophotonics Market By End-User

The Global Biophotonics market is segmented by End-User into Tests and Components, Medical Therapeutics, Medical Diagnostics and Non-Medical Application. The Medical Diagnostics segment held the largest market share of the global biophotonics market in 2022. Diagnostic biophotonics is used to detect diseases in their initial stages before actual medical symptoms occur in patients. Furthermore, they provide several advantages of sensing and imaging at the molecular level and also collect multidimensional data for evaluation.

Global Biophotonics Market BY Application

The Global Biophotonics market is segmented by Application into Surface Imaging, Inside Imaging, See-through Imaging, Microscopy, Bio Sensors, Analytical Sensing, Spectro molecular and Others. The Analytical Sensing segment held the largest market share of the global biophotonics market in 2022.

It is a two-part analytic device that consists of two major components: a (bio) chemical microzone (recognition element) that comes into contact with the sample and is closely associated (connected or integrated) with an optical, electric, thermal, mass, or acoustic transducer for converting the recognition pattern into a (usually electric or optical) primary signal that can be amplified and measured by a detector (instrument). Furthermore, they typically respond to the presence and/or concentration (activity) of an analyte species.

Global Biophotonics Market By Geography

The Global Biophotonics market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounts for the largest share among all regions within the Global Biophotonics market. Rapid advancements in the development and adoption of digital health technologies (DHT) across North America, notably in the United States, are one of the major contributing factors to the growth of biophotonics.

Increasing regional government initiatives and strategies, favorable healthcare infrastructure, increased investment in R&D activities to develop the industry, and regulatory science activities across the healthcare industry are also propelling the biophotonics market growth in North America.

Global Biophotonics Market

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Competition Scenario In Global Biophotonics Market

The Global Biophotonics market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in pharma and diagnostics solutions, and technologies, such as vitro analyses of DNA variation, RNA expression, metabolite quantification, vivo measurements of biological processes, and others, for end-user industries. The biophotonics market's growth is heavily reliant on technological advancement and R&D investment. Nowadays, numerous pharmaceutical companies are investing in R&D or drug research, and governments are also making significant investments in cancer research.

What Is the Expected Future Outlook for The Overall Global Biophotonics Market Across the Globe?

The Global Biophotonics market was valued at USD ~billion in 2022 and is anticipated to reach USD ~100 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Biophotonics market is driven by surge of nanotechnology, combined with increasing demand for home-based Point-of-Care (POC) devices. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

The Global Biophotonics Market is forecasted to continue an rapid growth that is witnessed since 2019, during the forecast period also, primarily driven by the emergence of applied science, important technological advancements over a few years, and their adoption in the medical sector. Though the market is highly competitive with over ~200 participants, few country-niche players control the dominant share.

Market Taxonomy

By Technology

  • In-Vivo
  • In-Vitro

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By End User

  • Tests and Components
  • Medical Therapeutics
  • Medical Diagnostics
  • Non-Medical Application

By Application

  • Surface Imaging
  • Inside Imaging
  • See-through Imaging
  • Microscopy
  • Bio Sensors
  • Analytical Sensing
  • Spectromolecular
  • Others

By Region

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

Key Players

  • Affymetrix Inc.
  • Andor Technology
  • BD (Becton, Dickinson and Company)
  • Carl Zeiss AG
  • Olympus Corporation
  • Hamamatsu Photonics K.K
  • Zecotek Photonic Inc.
  • Idex Corporation
  • IPG Photonics
  • Oxford Instruments Plc

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

Global Biophotonics Market

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Global Biofertilizers Market is expected to record a positive CAGR of ~14% during the forecast period (2022-2028): Ken Research

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What Is the Size of Global Biofertilizers Industry?

Global Biofertilizers market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 5 Bn by 2028. The Biofertilizers Market is largely driven by rising demand for chemical-free food and increasing prices of chemical fertilizers. The demand for chemical-free food products is likely to increase, while the cost of synthetic fertilizers is predicted to rise over the forecasted years. Additionally, worries about the deteriorating soil quality brought on by excessive fertilizer use and their negative impacts on human health are anticipated to raise the market in the upcoming years.s

Additionally, growing consumer expenditure on organic foods and an improvement in soil texture and quality brought on by biofertilizers are expected to drive the market over the upcoming years. In comparison to conventional fertilizers, the cost of producing biological and organic fertilizers is significantly higher. Their manufacture requires machinery and equipment. Live, finite-shelf-life microorganisms are a component of biofertilizers. Low versatility and shelf life are hence additional factors that are anticipated to impede market expansion during the projection period.

Due to the socio-economic changes brought on by the COVID-19 pandemic, the worldwide market slowed down as a result of the epidemic. However, with the decline of Covid-19, the fertilizers market is expected to see a robust growth in the upcoming years.

Global Biofertilizers Market By Type

The Global Biofertilizers market is segmented by Type into Phosphate Solubilizers, Nitrogen Fixing and Others. The nitrogen-fixing segment held the largest market share in the global biofertilizers market in 2022. High-demand crops including wheat, rice, oilseeds, and others have been produced using biological fertilizers that solubilize phosphate and fix nitrogen. Nitrogen-containing biological fertilizers can balance out the soil's nitrogen content, which helps the crop thrive. The three main types of nitrogen bio-fertilizers are free-living, symbiotic, and associative symbiotic.

Global Biofertilizers Market by Microorganisms

The Global Biofertilizers market is segmented by Microorganisms into Azotobacter, Rhizobium, Cyanobacteria, VAM, Azospirillum and Others. The rhizobium microorganisms segment held the largest share of the global biofertilizers market in 2022.

Rhizobium is the most common type of microbe utilized in agriculture due to its critical role in serving as the primary source of nitrogen in the soil. In addition to being a superior nitrogen-fixing organism, rhizobium fosters plant growth and aids in the solubilization of inorganic phosphate. Its use is also expanding, mostly as a result of its capacity to boost agricultural output while reducing the need for expensive, environmentally damaging synthetic fertilizers.

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Global Biofertilizers Market by Application

The Global Biofertilizers market is segmented by Application into Soil Treatment, Seed Treatment and Others. The seed treatment application segment held the largest share of the global biofertilizers market in 2022.

Due to the widespread use of seed treatment applications for providing biofertilizers, it maintained the largest market share. To prevent viral or bacterial infections, crop and plant seeds are treated with biofertilizers, considerably lowering agricultural production.

Additionally, the biological fertilizers used on the seeds encourage atmospheric nitrogen fixation and make it easy for the crop to access the nutrients. Additionally, seed treatment increases the availability of phosphorus by solubilizing it in the soil.

Market Taxonomy

By Type

  • Phosphate Solubilizers
  • Nitrogen Fixing
  • Others

By Microorganisms

  • Azotobacter
  • Rhizobium
  • Cyanobacteria
  • VAM
  • Azospirillum
  • Others

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By Application

  • Soil Treatment
  • Seed Treatment
  • Others

By Geography

  • North America (USA, Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, and Italy)
  • Asia Pacific (China, Japan, South Korea, India, Indonesia, and Australia)
  • LAMEA (Latin America, Middle East, and Africa)

Key Players

  • Novozymes A/S
  • Madras Fertilizers Limited
  • Rizobacter Argentina S.A.
  • Camson Bio Technologies Limited
  • Lallemand, Inc
  • National Fertilizers Limited
  • Gujarat State Fertilizers & Chemicals Ltd.
  • Stanes& Company Limited
  • Rashtriya Chemicals & Fertilizers Ltd.
  • Nutramax Laboratories, Inc.

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

Global Biofertilizers Market

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