Explosive Growth in On-Demand Logistics Market: Over 450 Mn Deliveries in 2021 Driven by On-Demand Food, Grocery Delivery, and Last Mile Services: What Does the Future Hold? Ken Research

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Higher Order Frequency, Multi-Vendor Business Model and Adoption of EV are few of the growth driver for the market, says a report by Ken Research.

1. The Growth of On-Demand Food Delivery in the Philippines: Empowered by a Young Working Population, Accessible Internet, and Seamless Transactions

Also, Check-Out On-Demand Grocery Platform Revenue Model

• Internet penetration in rural and urban areas of the Philippines is projected to grow at a CAGR of +5.0% from 2021-2026.
• Major food tech players are expanding aggressively in over 120 cities in the Philippines, capitalizing on an improved network of restaurants to drive growth in new areas.
• The E-commerce market now encompasses a wide range of products and services. E-commerce players have made significant investments in supply chain and last-mile logistics to ensure faster and better fulfillment, including same-day delivery.
• Ordering frequency is expected to increase by 40-45%, with more users transitioning from occasion-based ordering to habitual ordering on a regular basis.

2. Multi-Vendor Business Model: Empowering Sellers with Technical Infrastructure and Delivering Competitive Pricing and Discounts to Customers on E-commerce Platforms

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• Multi-vendor stores provide the technical infrastructure for sellers to list and sell a wide range of products, enabling them to manage their virtual storefronts effectively.
• The multi-seller business model, also known as the 'zero inventory model,' does not require platform owners to maintain their own product inventory.
• Multivendor stores offer significant opportunities for manufacturers, wholesalers, brands, and retailers to increase sales and profits.

3. Leading the Charge: Lalamove, DingDong, and Mober Pave the Way for EV Adoption, Reducing Carbon Emissions in the Philippines

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EV adoption can only be done in partnership with technology enablers such as route optimizers, smart chargers and vehicle analytics. Fleets can also explore platforms to operate on blended models: deliveries and ride-hailing enabling further utilization of assets and managing the cost. Also, Mober has reaffirmed its commitment to reducing carbon emissions by securing a mixed fleet of 100 electric vans and trucks by 2030.

Global Protein Supplement Market expected to record a CAGR of ~7% during the forecast period (2017-2028): Ken Research

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What Is The Size Of Global Protein Supplement Industry?

Global Protein Supplement market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 30 Bn by 2028.

The Protein Supplement Market is largely driven by changing lifestyles, there will be an increased reliance on supplements to meet daily nutritional needs, which will increase the demand for protein supplements.

Youth’s demand for protein supplements is rising, especially among athletes because they offer several advantages like decreasing cholesterol, developing muscle, boosting strength, preventing cancer, boosting immunity, and lowering blood pressure.

Due to growing health consciousness among consumers worldwide during the past few years, consumption of a diet high in protein content has increased dramatically.

The market for protein supplements is expected to experience some growth restraints due to the prevalence of less expensive alternatives and various detrimental effects of protein enhancement. Additionally, during the forecast period, negative claims and publicity may pose a threat to the market's expansion.

In response to the COVID-19 pandemic, customer preferences for nutritional supplements to promote immunity are predicted to increase due to these products' strong efficiency against viral infections and acute respiratory tract disorders, which is expected to drive market demand.

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Global Protein Supplement Market By Source

The Global Protein Supplement market is segmented by Source into Animal-based and Plant-based. Animal-based segment held the largest market share in 2022, due to convincing scientific proof of the health advantages they provide. For instance, whey proteins improve nutritional status, immunity, and aid cancer patients receiving chemotherapy by raising glutathione (GSH) levels.

The category includes casein, whey, egg, chicken, beef, dairy, and meat proteins. Animal proteins are typically thought to be complete proteins since they include all of the required amino acids.

Global Protein Supplement Market By Product

The Global Protein Supplement market is segmented by Product into Protein Powder, Protein Bars, Ready to Drink (RTD) and Others.

The protein powder segment held the largest market share in 2022. The demand for nutritious food products has increased as a result of changing lifestyles, growing urbanization, and changed dietary choices of consumers, and is likely to drive the market growth of protein powder.

Whey, casein, soy, pea, and egg proteins are just a few of the sources used in the production of the powders. Protein powders are packed with vital micronutrients, including vitamins, minerals, grains, fibers, extra fats, and/or thickeners, as well as greens (like dried veggies).

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Global Protein Supplement Market By Application

The Global Protein Supplement market is segmented by Application into Sports Nutrition and Functional Food.

Sports nutrition segment held the largest market share in 2022, owing to their widespread use as nutritional supplements by athletes, sportspeople, and bodybuilders.

Rising demand for nutritional supplements for athletes to support lean muscle growth, enhance performance, help with weight loss, and increase stamina is anticipated to fuel the expansion of the sports nutrition market over the coming years.

The rise in the number of people participating in sports and other physical activities to combat obesity is probably going to boost market expansion.

Global Protein Supplement Market By Distribution Channel

The Global Protein Supplement market is segmented by Distribution Channel into Supermarkets and Hypermarkets, Online Stores, Specialty Store and Others.

Supermarket & hypermarket segment held the largest market share in 2022 since it is convenient to shop and a variety of brands are available.

Supermarkets and hypermarkets provide a vast range of products at lower costs. The expansion of supermarkets and hypermarkets in both developing and developed nations as a result of rising consumer demand is anticipated to boost product sales. To encourage the sale of protein goods, major USA retailers like Walmart are entering this market and investing in private label variations.

Key Topics Covered in the Report

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

Major Players Mentioned in the Report

• Glanbia PLC
• Abbott.
• NOW® Foods
• MusclePharm.
• QuestNutrition
• CytoSport, Inc.
• Lovate Health Sciences International Inc.
• The Bountiful Company
• AMCO Proteins
• Transparent Labs

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Notable Emerging Companies Mentioned in the Report

• Woodbolt Distribution Llc
• Dymatize Enterprises Llc
• RSP Nutrition
• BPI Sports
• The Hut.com Limited and MSM Retail Pvt Ltd.

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

• Protein Supplement Companies
• R&D Institutes for Protein Supplement Development
• Protein Supplement Manufacturers
• Protein Supplement Suppliers
• Protein Supplement Raw Material Provider
• Investment Banks Targeting Supplement Market
• Caffeine Producers
• Food Safety Authorities
• F&B Marketing and Advertising Agencies
• Dietary Supplement Manufacturers
• F&B Research Institutes
• Entrepreneurs in Food Industry
• Potential Entrants into Food Industry
• Government Departments for Food Standards
• Government Ministries and Departments for Food Industry

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Global Protein Supplement Market

Global Sparkling Wine Market is expected to reach a market size of ~US$ 56 billion by 2028: Ken Research

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What Is the Size of Global Sparkling Wine Industry?

Global Sparkling Wine market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 55 Bn by 2028. The Sparkling Wine Market is largely driven by Rapid socioeconomic changes and urbanization. Growing food tourism or culinary tourism worldwide is positively influencing the consumption of sparkling wines in premium hotels and restaurants for fine dining.

The consumers’ shifting preferences towards a variety of alcoholic beverages, such as beer, liquors, spirits, and others due to their competitive prices may stifle the market growth of sparkling 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 sparkling wine.

Global Sparkling Wine Market By Type

The Global Sparkling Wine market is segmented by Type into Red, Rose and White. The Red segment held the largest share of the Global Sparkling Wine Market in 2022, owing to its higher levels of vitamins and minerals, which helps in boosting the immune system.

Red wine is typically cultured with grape skins and seeds, and it is high in phytonutrients that provide numerous health benefits, such as lowering the risk of heart disease, increasing good high-density lipoprotein (HDL) cholesterol, easing joint pain, increasing insulin sensitivity, lowering the risk of osteoarthritis, and more.

Global Sparkling Wine Market By Product

The Global Sparkling Wine market is segmented by Product into Cava, Champagne, Cremant and Prosecco. The Prosecco segment held the largest market share of the Global Sparkling Wine Market in 2022, owing to its economic viability and ease of availability.

Prosecco contains polyphenols, a plant chemical with antioxidant properties which help in lowering blood pressure, and stroke risk, improving circulation, and strengthening heart health. Furthermore, unlike Champagne, it does not have a protected geographical location, so it can inherently be produced anywhere in the world.

Global Sparkling Wine Market By Distribution Channel

The Global Sparkling Wine market is segmented by Distribution channel into Supermarket/Hypermarket, Specialty Stores, On Trade and Others. The Supermarket/Hypermarket segment held the largest market share of the Global Sparkling Wine Market in 2022.

The growth is mainly attributed to the availability of a variety of products at lower prices as compared to bars, restaurants, nightclubs, hotels, and other on-trade channels. The modernization of retail stores across countries, notably in emerging countries, is increasing revenue generation through off-trade sales channels, such as supermarkets/hypermarkets.

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Global Sparkling Wine Market By Geography

The Global Sparkling Wine market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Europe accounted for the largest share of the Global Sparkling Wine Market in 2022, as Europe is the world’s top producer of wine.

The most popular sparkling wine, Prosecco, is primarily produced in Italy. For instance, in January 2022, according to the Prosecco DOC Consortium, Italy's total wine production increased by 25% in 2021, with 627.5 million certified bottles of Prosecco being produced.

Furthermore, Italy followed by France is the second largest producer of sparkling wine. For instance, according to Comité Champagne, a France trade association that represents the interests of independent Champagne producers, total Champagne shipments in 2021 increased by 32% over 2020 to 322 million bottles.

Competition Scenario In Global Sparkling Wine Market

The Global Sparkling 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 adopting advanced technology, such as fermentation technology, and precision viticulture (through IoT and software) to improve the product taste, texture, and oenological potential of vineyards. Moreover, companies are competing on various parameters such as partnerships, new products offering, business models, marketing strategies, pricing, campaign, and more.

Regional players constitute about ~55% of the total competitors, while country-niche players comprise a share of ~35%. Some of the major players in the market include Accolade Wines, Bronco Wine Company, Casella, Caviro Extra S.P.A. S.U, Constellation Brands, Inc., E.&J. Gallo Winery, Concha y Toro, The Sparkling Wine Co., Illinois Sparkling Co., Freixenet Sa, and among others.

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What is the Expected Future Outlook for the Overall Global Sparkling Wine Market Across the globe?

The Global Sparkling Wine market was valued at USD ~37 billion in 2022 and is anticipated to reach USD ~55 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 Sparkling Wine market is driven by rapid socioeconomic changes and urbanization. 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 Sparkling Wine market is changing rapidly. For instance, In May 2022, Accolade Wines launched its zero-alcohol wine collection named ‘Called &Then' which is made using the company’s own de-alcoholizing technique named ‘Zero Tech X technology’. In July 2021, E. & J. Gallo Winery partnered with Randall Grahm to release a new collection of wines named ‘The Language of Yes’ which is made mainly from grape varieties in California's diverse Central Coast AVA.

The Global Sparkling Wines market is forecasted to continue an exponential growth that is witnessed since 2017. The major driving factor contributing to the increasing consumption of sparkling wine is the rising living standards across countries, along with the increased social engagements, and adoption of western. 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.

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Global Sparkling Wine Market

The Philippines freight and Logistics Market is expected to reach over USD 20 Mn by 2027. Will Philippines continue this growth trajectory? Ken Research

 1. Increasing Startups in the Philippines

Trends and Developments in Philippines logistics Market

• Most of the startups are specialized in financial technology, healthcare, tourism, education, new technologies, real estate and others which have aided the online logistics industry.
• Some of the popular startups launched in the Philippines include zennya, Sprout Solutions, Coins.ph, Kalibrr, mClinica, Ayannah, Squadzip, engageSPARK, Edukasyon.ph, Pushkart.ph. and several others.
• The Philippines is a thriving market for investors, as the country’s economic situation is growing and the majority of the population are young workers and frequent internet users. The Philippines E-commerce industry is growing as more and more young entrepreneurs are launching their businesses in the country.
• The Philippines have around 700 start-ups as of October 2021, an increase of 156 % from 273 start-ups in 2017. The number of start-ups in the country is expected to keep growing in succeeding years.

2. Increasing Trade Activities in Philippines

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The Philippine economy grew by 5.7 % in 2021, beating the government’s 5-5.5 % target range and rebounding from the 9.5 % pandemic-induced recession in 2020.  This strong economic performance, the second fastest in ASEAN, brought the Philippines closer to its pre-pandemic 6.6 % average gross domestic product (GDP) growth rate from 2012-2019.

The Philippines has been considered as one of the most strategic locations in the Indo-Pacific Ocean. The rapid evolution of its logistics industry has been credited to high trade traffic in both international and domestic market. The country has been considered as a trade hub due to the export of electronics, raw fibres and import of apparels and other products. The presence of such system of high volume exchange of goods has propelled the growth of the logistics industry in the Philippines.

3. Entry of Foreign Players are merging with domestic players to set an industry benchmark

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The rapid evolution of the logistics market in the Philippines has also resulted due to the advent of international players. Companies such as DHL, TNT and F6edEx have penetrated the local Filipino market through effective collaborations with domestic companies. These companies have been responsible for the establishment of industry benchmark for the use of technology in logistics sector. Apart from the major organizations, the logistics sector in the Philippines has been also comprised of a number of small scale service providers which operate on contractual basis. Many of these small scale organizations have focused their target areas to remote locations in the country which do not possess the presence of any major players.

The Indian Fantasy Sports market has reached INR 8,000 Cr in less than five years but, will the lack of government regulations pull the growth speed of the market? Ken Research

 As technology is developing, people have started looking for more ways to take part in their favorite sports. As a result, the fantasy sports sector is registering immense growth. Presently the market has grown at a CAGR of ~164% between 2017 and 2022.

1. The Fantasy sports market is 2 decades old in India, but the market witnessed a boom in users engagement owing to the affordability of mobile internet access in India

                                    

Digital Media Scenario in India: Click to know more

The way a viewer consumes and engages with sports has changed drastically in India over the last few years owing to the increasing importance, availability, and access to the internet. India with a median age of 28 years and smartphone penetration of 42 percent (2020), offers a great market opportunity that could be tapped by Fantasy Sports Players. Additionally, the cost of mobile data in India is INR 51/GB, which is comparatively lower than the global average of INR 316/GB. This makes it affordable for mobile users in India to participate in Fantasy Sports competitions. It is the big reason why most Fantasy Sports market Players offer mobile-based apps for participation. This has resulted in the overall growth of the Fantasy Sports sector.

2. However, the Fantasy Sports industry is currently subject to Varying Rules and Compliance Requirements based on the Socioeconomic Situation of Each State in India

                             

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The State Governments have been given the authority to create legislation on betting and gaming under the Constitution of India’s 7^th Schedule. As a result, if state gaming legislation exists, it takes precedence over the Public Gaming Act, which was enacted earlier in time. In addition to the PGA, a number of Indian states have implemented legislation to regulate gambling and gaming. These state laws are usually in line with the PGA, and they exempt games where the outcome is mostly determined by talent.

3. But this won’t impact the growth as the industry is buoyed by the various potential investors which will enable the Fantasy sports sector to experience double-digit growth 

                                     

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India had around 390 million gamers in 2021 and the population of this gaming sector is poised to grow exponentially in the coming years. Moreover, over the past few years, fantasy sports have been a crucial area for innovation and investment. Fantasy games' successful past and promising future have driven multiple investments in the industry. Continuous Investor interest in some of the main businesses has aided the rapid growth of Fantasy Sports in India. Other players, such as Daily Fantasy Cricket and CricNWin, have also raised Millions in investment.

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MENA Remittance Market Outlook to 2027: Ken Research

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What Is the Size of Mena Remittance Industry?

MENA Remittance market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027. The MENA Remittance Market is largely driven by the increasing inflow of expatriates, digitization, e wallets and major government investments. MENA has been an expat hotspot for decades because of multi-cultural environment and a progressive nation which is known to offer a good quality of life to its residents. With the recent economic and political reform, the country has seen a tremendous growth in infrastructure development, thus creating more job opportunities and an attractive destination for expatriates. With the increasing inflow of expatriates also increases the inflow of remittance to other countries, thus fueling the MENA remittance market.

With the adoption of ‘cloud-first’ policy in 2017 by the MENA Government, the Country has attracted some of the world’s leading tech players to set up operations in the Kingdom. Most notably, cloud computing giant Amazon Web Services (AWS) launched its hyperscale Cloud Region in MENA in 2019, its first in MENA and a landmark investment.

Furthermore, the government has planned to invest billions of dollars to improve infrastructure, industry, housing and connectivity to call for more diverse economic base.  As part of MENA’s 2021 Economic Recovery Plan, MENA announced over 22 strategic infrastructure projects worth over $30 billion, which has fueled the Remittance market of MENA.

Mena Remittance Market In International Inbound By Channel

The MENA Remittance market is segmented by Channel into Banking Channels, MTOs, M-Wallet and Others. Banking Channels were the most dominant form of channel used in MENA Remittance market in 2022.

MENA Remittance Market By Inflow Of Countries

The MENA Remittance market is segmented by Inflow from Middle East and North Africa and inflow into Countries like India, Pakistan, Bangladesh, Sri Lanka, Egypt and Indonesia. Indonesia was the most dominant among others followed by India and Pakistan in 2022.

MENA Remittance Market in International Outbound by Channel

The MENA Remittance market is segmented by Channel into Banking Channel, MTOs, M-Wallets and Others. Banking channel was the most preferred form of channel in 2022 in MENA Remittance market.

Mena Remittance Market International Outbound By Outflow Countries

The MENA Remittance market is segmented by outflow countries into India, Pakistan, Bangladesh, Sri Lanka, Egypt and Indonesia. Indonesia held the major market share in MENA International Outbound Remittance market in 2022.

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Mena Remittance Market By Point of Contact

The MENA Remittance market is segmented by Point of Contact into Branch Pick-up, Mobile payment & Online Transaction and Prepaids cards. Branch Pickups held the majority of the share in the MENA Remittance market in 2022.

Competition Scenario in MENA Remittance Market

MENA Remittance Market is in the growing stage, consisting of ~ players (banks and digital payment companies) with just few companies acquitting the major portion of the market. MENA international remittance market is fragmented with the manifestation of small, medium and large corporations. Some of the major players in the MENA Remittance market are Western Union, MoneyGram, Al Barka Bank etc.

What is the Expected Future Outlook for the Overall MENA Remittance Market Across the globe?

The MENA Remittance market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. 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.

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The MENA Remittance market is driven by the increasing inflow of expatriates, digitization, e-wallets and major government investments. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

Government has ambitious plans to use digital technologies extensively to strengthen its services, processes, and decision making, as well as its ability to share data with constituents. There is specific emphasis on improving the individual organizational capabilities of Government entities by aligning their digital strategies with the national Digital Government Strategy 2020, strengthening the governance mechanisms, enabling a digital workforce, reinforcing agile development and analytical platforms while deploying robust cyber security measures and controls which will led to increase employment in the digital sector, thus fueling the inflow of workers in the country.

The inbound remittance is expected to showcase a CAGR close to ~% and the outbound remittance is anticipated to showcase a CAGR close to ~% by value of transactions USD ~Mn. The government's infrastructure development operations are likely to enhance job possibilities in the country in the upcoming years. The majority of these positions are likely to be in the country's flourishing private sector, resulting in a considerable rise in the number of expatriates in the country. This will undoubtedly have a significant impact on rising remittance inflows and outflows, which are highly influenced by the country's expatriate community. The domestic remittance sector will also see a rise in the future with the increasing digital money transfer company.

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MENA Remittance Market

Related Reports by Ken Research:-

Belgium Remittance Market Outlook 2027F

Australia Remittance Market Outlook to 2027F

Global Precast Concrete Market expected to record a CAGR of ~6% during the forecast period (2017-2028): Ken Research

 What Is The Size Of Global Precast Concrete Industry?

Global Precast Concrete market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 150 Bn by 2028.

The Precast Concrete Market is largely driven by increasing investments by industry players, rise in construction activities across the globe, and high adoption of precast concrete over on-site cast concrete.

Precast concrete is superior to on-site cast concrete in several ways in terms of building infrastructure. It offers a superior level of quality than conventional techniques which is mainly due to proper technical management. One of the primary advantages of precast concrete over traditional concrete is the speed of construction as it cuts down one-third of the construction time. As a result, Precast Concrete Market is rising due to less time and effort needed.

Precast concrete has several advantages over conventional concrete, but its use in developing nations is limited by the considerable investment needed. Precast concrete things must be manufactured using expensive tools and molds that must be made using cutting-edge technology by highly skilled labor, which looks to be quite demanding for developing regions.

The COVID-19 outbreak caused worldwide lockdowns and disruptions in supply chains, all of which hurt the market in 2020. However, the market had a strong recovery in 2021 as a result of the start-up of major end-user sectors. Precast concrete is anticipated to have rapid market expansion shortly due to rising demand for environmentally friendly building techniques, increased dependency on current construction methods & urbanization.

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Global Precast Concrete Market By Product

The Global Precast Concrete market is segmented by Product into Beam and Column System, Floor and Roof System, Bearing Wall System and Façade System.

DGBEF segment held the largest market share of the Global Precast Concrete Market in 2022, as it improves thermal stability, has strong mechanical properties, and provides moisture resistance. It is used extensively across multiple end-user industries such as building & construction and automotive. DGBEF is Diglycidyl Ether Bisphenol F, a reaction product of phenol and formaldehyde. This type of Precast

Global Precast Concrete Market By Application

The Global Precast Concrete market is segmented by Application into Structural Building Components, Architectural Building Components, Transportation Products and Waste & Water Handling Products.

The liquid form segment held the largest market share of the Global Precast Concrete Market in 2022. The reason behind the largest share of this segment is a wide area of applications in almost all industries.

Precast Concrete in liquid form prevents corrosion and as a sealant, it protects surfaces, including pipelines, metal, floors, countertops, and equipment parts.

It is often found in transistors and electrical circuits to protect parts from moisture, dirt, dust, and other debris that can damage materials over time.

Global Precast Concrete Market By End-User

The Global Precast Concrete market is segmented by End-user into Residential, Commercial, Infrastructure and Industrial.

The liquid epoxy segment dominated the Precast Concrete industry in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2028.

This is due to the rapid industrialization and rise in demand for consumer electronics, flourishing the market during the forecast period. The liquid Precast Concrete has been used for years as it possesses superior quality and has strong resistance power to corrosion, chemical, heat, and others.

Hence, the growing application of liquid epoxy technology in various end-use industries will positively impact the market.

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Key Topics Covered in the Report

• Snapshot of the Global Precast Concrete Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Precast Concrete Market
• Historic Growth of the Overall Global Precast Concrete Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Precast Concrete Market
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• COVID-19 Impact on the Overall Global Precast Concrete Market
• Future Market Forecast and Growth Rates of the Total Global Precast Concrete Market and by Segments
• Market Size of Product / Application Segments with Historical CAGR and Future Forecasts
• Analysis of the Precast Concrete 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

• LafargeHolcim
• ARTO
• Sauereisen
• Kijlstra precast Ltd
• Carlow Precast Concrete Engineering
• Qingdao Qingde Precast Accessories Co., Ltd.
• Great Magtech (Xiamen) Electric Co., Ltd
• Tindall
• Oldcastle Infrastructure
• Boral Limited
• Forterra

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Notable Emerging Companies Mentioned in the Report

• Atlas Group
• Bex technology
• Cuby technology
• Minolite
• PLINX

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

• Precast Concrete Producers
• Precast Concrete Structures Providers
• Construction Equipment Companies
• Chemical Manufacturers
• Organic Building Materials Manufacturers
• Construction Sector Policy Makers
• Construction Regulation Authorities
• Architecture Firms
• Construction Tech Investors
• Chemicals Products Suppliers
• Precast Solution Providers
• Potential Investors in Construction Industry
• PE and VC Firms focused on Construction Industry

Time Period Captured in the Report

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

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Global Precast Concrete market

Global Packaging Machinery Market expected to record a CAGR of ~5% during the forecast period (2017-2028): Ken Research

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What Is The Size Of Global Packaging Machinery Industry?

Global Packaging Machinery market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 60 Bn by 2028.

The Packaging Machinery Market is largely driven by the increasing demand for consumer goods along with rising popularity of e-commerce platform to shop different products.

The growing demand for highly efficient packaging machines among end-user industries coupled with advancements in technologies such as robots, automation, and others to scale up the business efficiently, is likely to propel the growth of the market.

The rising demand for packaged food and beverages products along with increasing consumer spending on pharmaceutical and personal care products is expected to boost the demand for packaging and packaging machinery among end-users.

Advanced technology and automated packaging machines are highly expensive and require high initial investment which makes it difficult for small and medium-sized manufacturers to afford the packaging machinery, which may slow down market growth.

The COVID-19 pandemic negatively impacted the Packaging Machinery market initially due to the imposed lockdown, the demand and supply for packaging machinery got impacted. International packaging machine deliveries were delayed to curb the pandemic situation. In addition, COVID-19 affected consumer shopping at convenience and retail stores and also impacted the E-commerce sector due to which the demand for packaging and packaging machinery declined.

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Global Packaging Machinery Market By Machine Type

The Global Packaging Machinery market is segmented by Machine type into Filling, Labeling, Form-Fill-Seal, Cartoning, Wrapping, Palletizing and Bottling Line.

Filling segment held the largest share of the Global Packaging Machinery Market in 2022, owing to the increasing demand for filling machines in various industries.

Filling machines are widely used to fill bottled water and other liquids, and are widely used in various end industries such as pharmaceuticals, food & beverages, chemicals, and others. The demand for different filling machines such as overflows filling machines, gravity filling machines, pump filling machines, piston filling machines, and others among end-users is anticipated to drive the growth of the segment in the market.

Global Packaging Machinery Market By Operations

The Global Packaging Machinery market is segmented by Operations into Autonomous and Semi-Autonomous.

Autonomous segment accounted for the largest share of the Global Packaging Machinery Market in 2022, due to the growing demand for automated packaging machines among end-user industries to scale effectively while controlling the cost of operations.

The highly advanced autonomous packaging machinery offers various benefits including reduced labor cost, reduced damages, increased throughput and productivity, consistent packaging results, and others, which are attracting various end-users and are likely to boost the demand for the segment in the market.

Global Packaging Machinery Market By Technology

The Global Packaging Machinery market is segmented by Technology into General Packaging, Modified Atmosphere Packaging and Vacuum Packaging.

General Packaging segment accounted for the largest share of the Global Packaging Machinery Market in 2022, owing to its simple operation and maintenance.

The demand for packaging various products including food & beverages, chemicals, personal care, and others efficiently in a shorter time is expected to propel the growth of the segment in the Global Packaging Machinery Market.

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Global Packaging Machinery Market By End-User

The Global Packaging Machinery market is segmented by End-User into Food and Beverages, Pharmaceuticals, Personal Care and Industrial and Chemicals.

Food and Beverages segment accounted for the largest share of the Global Packaging Machinery Market in 2022, owing to surging demand for packaged food and beverages products as they are convenient and easy to carry.

Increased spending of consumers on packaged food products coupled with rising consumption of organic and healthy food items require special packaging, which in turn is expected to boost the demand for highly efficient packaging machineries.

Key Topics Covered in the Report

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

Major Companies Mentioned in the Report

• Krones AG
• Robert Bosch Gmbh
• Coesia
• I.M.A. Industria Macchine Automatiche S.P.A.
• Langley Holdings Plc
• KHS Group
• CKD Corporation
• Barry-Wehmiller Companies
• The Adelphi Group Of Companies
• Fuji Machinery Co.,Ltd.

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Notable Emerging Companies Mentioned in the Report

• Tetra Laval
• Marchesini Group
• Aetna Group
• BERHALTER AG
• Syntegon Technology GmbH
• PAC Machinery
• Multivac

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

• Packaging Machinery Manufacturers
• Packaging Machinery Investors
• Packaging Machinery Providers
• Packaging Machinery Suppliers
• Packaging Machinery Components Suppliers
• Allied Industries of Packaging Machinery
• Government Ministries and Departments of Engineering Industry
• Packaging Machinery Research and Development Companies
• Potential Entrants into Packaging Machinery Industry

Period Captured in the Report

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

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Global Packaging Machinery Market

Middle East Post-Acute Rehabilitation Market Outlook to 2027: Ken Research

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What is the Size of Middle East Post-Acute Rehabilitation Industry?

Middle East Post-Acute Rehabilitation market is growing at a CAGR of ~% in 2017-2022 and is expected to reach Middle East ~ Bn by 2027. The Middle East Post-Acute Rehabilitation Market is largely is driven the Middle East post-acute care market has been growing over the past few years, due to factors such as the aging population, growing prevalence of chronic diseases, rising healthcare expenditure, rising affordability, and many other factors.

The aging population in the US is anticipated to lead to a sharp increase in the demand for post-acute care services provided by home health agencies. After getting discharged from acute-care hospitals, the majority of the elderly patients require post-acute care and a large number of these patients prefer to receive such care in the comfort of their homes as the old people are not able to travel much to avail of treatments. However, the market has been confronted with some challenges specifically, tight labor supply, changes in reimbursement policies, etc.

Middle East Post-Acute Rehabilitation Market By Services

The report provides the bifurcation of the market into four segments based on the services: Skilled Nursing Facilities, Home Health, Long Term Acute Care, and Inpatient Rehabilitation. the home health segment is expected to be the fastest growing segment in the forecasted period owing to the affordability offered by home health services in comparison to other post-acute care services.

Middle East Post-Acute Rehabilitation Market By Application

The market is also segmented based on application: Elderly, Adult, and Child. The elderly segment held the highest share in the market, i.e. approximately three quarters as the old generation is more prone to chronic diseases and other medical problems as compared to the young generation.

Middle East Post-Acute Rehabilitation Market By Condition

The report further provided the segmentation based on the condition: Neurological Disorders, Brain Injury, Amputations, Spinal Cord Injury, Wound Management, and Others. Amputations segment is expected to grow at the highest CAGR in the forthcoming years. Cancer accounted for minor share of total amputations and is the most common cause between ages 10 and 20 years. The increasing incidence of cancer is expected to drive amputation cases in the coming years, which would further increase the need for post-acute care.

Middle East Post-Acute Rehabilitation Market by Outflow Countries

The Middle East Post-Acute Rehabilitation market is segmented by outflow countries into India, Pakistan, Bangladesh, Sri Lanka, Egypt and Indonesia. Indonesia held the major market share in MENA International Outbound Remittance market in 2022.

Middle East Post Acute Rehabilitation Market by spending

The report provides a glimpse of market spending based on services: Skilled Nursing Facilities, Home Health, Long Term Acute Care, and Inpatient Rehabilitation. Fee-for-services (FFS) spending on inpatient rehabilitation facilities (IRFs) has increased steadily over the past decade and is estimated to increase in the approaching years. This is because an increasing number of Medicare FFS users are likely to opt for inpatient rehabilitation facilities for conditions such as stroke, brain injury, cardiac conditions, etc.

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Competition Scenario in Middle East Post-Acute Rehabilitation Market

Post-Acute Rehabilitation Market is concentrated among the top 5 players. Prominent players are pursuing various strategies, such as research & development initiatives, product innovations, joint ventures & strategic partnerships, expansion, and mergers & acquisitions to gain a competitive edge in the market. Market players are focusing on leveraging the capabilities of newly emerged fintech companies to offer their consumers the utmost convince of healthcare. The major companies dominating the Post-Acute Rehabilitation market for its products, services, and continuous product developments are Cambridge Medical & Rehabilitation Centre (CMRC), Amanat Holdings, Sukoon International Holding Company, Priory Group among others

What is the Expected Future Outlook for the Overall Middle East Post-Acute Rehabilitation Market?

The Middle East Post-Acute Rehabilitation market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. 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.

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The Middle East Post-Acute Rehabilitation market is driven by due to factors such as the aging population, growing prevalence of chronic diseases, rising healthcare expenditure, rising affordability, and many other factors. The aging population in the US is anticipated to lead to a sharp increase in the demand for post-acute care services provided by home health agencies. After getting discharged from acute-care hospitals, the majority of the elderly patients require post-acute care and a large number of these patients prefer to receive such care in the comfort of their homes as the old people are not able to travel much to avail of treatments.

Development and analytical platforms while deploying robust cyber security measures and controls which will led to increase employment in the digital sector, thus fueling the post-acute access to people in the country. The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as integration of CMMI in payment models, growing emphasis on home-based services, etc. Home is the most affordable setting to treat patients requiring post-acute care services. The provision of care at home is preferred by consumers as compared to more costly settings such as skilled nursing facilities. Too often, patients do not have the critical information they need to carefully assess their options and make informed choices when they are at their most vulnerable. They rely on faith, instead of facts.

Decisions on where to go for post-hospital care usually have to be made quickly, and patients are just relieved to find a bed. The result is that people end up choosing lower-quality providers. One study found that only 16% of Medicare recipients using services at a skilled nursing facility chose the best provider that’s available to them.

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Middle East Post-Acute Rehabilitation Market

Global Specialty Silica Market is forecasted to reach a market size of ~US$ 9 billion by 2028F: Ken Research

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What Is the Size of Global Specialty Silica Industry?

Global Specialty Silica market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Specialty Silica Market is largely driven by rising demand for rubber and paints & coatings across different end-use industries such as construction and footwear industries.

Increasing tire production in the automotive industry is one of the factors driving the growth of the specialty silica market. Global automobile production is increasing in several developed countries, increasing the demand for tire consumption. The exponential increase in electric vehicle manufacturing presents lucrative opportunities for the tire industry, which is having a positive impact on the specialty silica market.

The biggest challenge for the market is the high cost of colloidal silica and the growing preference of end users for lower-cost alternatives. Specialty silica showcases a cyclical behavior, with the market shifting focus to other substitutes that are much lower in price as compared to silica. It will impact player profit margins in the years to come.

The market was negatively impacted by the COVID-19 pandemic, owing to the strict regulations in several countries that temporarily halted all types of manufacturing processes. However, the market is expected to exhibit significant growth in the forecast period due to surging demand for specialty silica in the paint & coatings and automobile industries.

Global Specialty Silica Market By Product

The Global Specialty Silica market is segmented by Product into Precipitated Silica, Fumed Silica, Fused Silica, Silica Gel and Colloidal Silica. The precipitated silica segment held the largest market share in the global specialty silica market in 2022, owing to its wide application in PVC sheets, wherein it helps in improving pigment dispersion and tensile strength. Precipitated silica is the most commonly used specialty silica in the rubber industry. The product acts as a reinforcing agent and improves wear and tear resistance.

Fused silica is expected to register the highest CAGR during the forecast period. Fused silica products are used in the manufacture of optical components such as mirrors, UV and IR transmitting optics, lenses and metrology.

Global Specialty Silica Market By Application

The Global Specialty Silica Market is segmented by Application into Rubber, Plastic, Paint & Coatings, Electrical & Electronics, Agricultural & Feed, Food & Beverages, Personal Care and Others. The rubber segment held the largest market share in the global specialty silica market in 2022, as rubber made of silica material is widely utilized in different end-use industries such as automotive, footwear, and others.

In industrial rubber goods, specialty silica is commonly used in Liquid Silicone Rubber (LSR) and High-Temperature Vulcanized (HTV) rubber, which requires high mechanical strength and good electrical insulation.

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Global Specialty Silica Market By Geography

The Global Specialty Silica market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Asia Pacific held the largest market share among all other regions within the global specialty silica market in 2021, owing to the rising construction activities in China and Japan.

According to the International Organization of Motor Vehicle Manufacturers (OICA), Asia Pacific is the largest producer of motor vehicles. The growing automotive industry, is the factor responsible for the largest share of the region.

The Japanese construction industry is predicted to boom as the country prepares to host the World Expo in Osaka, Japan, in 2025. The demand for constructing various buildings and infrastructure for the event will boost the market for specialty silica in the region.

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Competition Scenario In Global Specialty Silica Market

The Global Specialty Silica Market is highly competitive with ~200 players, including globally diversified players, regional players, and many country-niche players. Most of the country-niche players are the manufacturers of specialty silica used in various end-user industries.

Regional players constitute ~35% of the total number of competitors, while country-niche players dominate representing ~55% of total competitors. Some of the major players in the market include Cabot Corporation, Akzo Nobel N.V., Evonik Industries, Huber Engineered Materials, Solvay, PQ, Madhu Silica Pvt. Ltd., Wacker Chemie AG, PPG Industries, Inc., W. R. Grace & Co., among others.

What Is the Expected Future Outlook for the Overall Global Specialty Silica Market Across the Globe?

The Global Specialty Silica market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. 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 Specialty Silica market is driven by increased automation in multiple industries and rising demand from the automotive sector. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries. With the increasing Investments and emergence of new products, the Global Specialty Silica market is changing rapidly. For instance, In November 2021, Nouryon announced the expansion of its Levasil colloidal silica manufacturing plant in USA. The plant expansion is aimed to meet the increasing demand from the packaging and construction industry.

Furthermore, In October 2021, Evonik Wynca Silicon Material started its fumed silica plant, which is the company’s first fumed silica plant in China. It aims at positioning the company by building a global supply chain for its customers in China and overall, Asia.

The Global Specialty Silica Market witnessed a negative impact due to COVID-19 owing to the strict regulations in several countries that temporarily halted all types of manufacturing processes. The global pandemic affected the production of rubber due to a complete ban on imports-exports that disrupted the supply chain, work stoppages, and Labor shortages, thereby hampering the growth of the market. Precipitated silica is the most common type of specialty silica product among others such as fumed silica, fused silica, silica gel, and colloidal silica. The majority of the silica material is used in the manufacturing of rubbers that are further utilized in various end-use industries such as electrical and electronics, automotive, footwear, and others. Though the market is competitive with over ~200 participants, country-niche players control the dominant share in the market and regional players also hold a significant share.

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Global Specialty Silica Market