Friday, June 2, 2017

Global Thermoformed Plastics Market By Application And Geography Is Expected To Reach 506.3 Kilo Tons By 2023

Global Thermoformed Plastics Market By Application And Geography Is Expected To Reach 506.3 Kilo Tons By 2023

According to a new market report published by Credence Research “Global Thermoformed Plastics Market - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 - 2023,” the Global Thermoformed Plastics Market is expected to reach 506.3 Kilo Tons by 2023, expanding at a CAGR of 4.1% during the forecast period 2016 to 2023.


Market Insights

Thermoforming is process of molding plastic sheet to desired shape using pliable temperature & pressure. Plastic sheets after molding is trimmed to form a usable product. Thermoformed plastics finds application in various food packing, appliances, healthcare products packaging, and in automobiles. Thermoforming plastics are preferred as the packaging material due to low cost and its aesthetic appearance of the products.
Global thermoformed plastic market is expected to gain momentum with growing demand for food packaging products due rising demand for convenience food. Further, growing demand from automobile industry for various light weight parts with the focus to improve vehicle efficiency is anticipated to augment the growth of the thermoformed plastic market during the forecast period. Moreover, increasing number of application in automobiles industry such as bumpers, dashboards, and packaging of automobiles parts is anticipated to fuel the demand for thermoformed plastics over the forecast period (2016-2023). However, volatile raw material prices and high labour cost is expected to hamper the growth of thermoformed plastic market during the forecast period (2016-2023).
Competitive Insights:
Global thermoformed plastic market is segmented on the basis of application and geography. By application, food packaging segment is projected to be the most dominant segment with due to increasing demand for packaging food owing to growing food safety standards and changing lifestyle influencing the demand for convenience food. The segment is anticipated to continue its dominance over the forecast period. Followed by it, healthcare products packaging se segment is expected to be the fastest growing segment due to increasing adoption of the method as it is cost effective and considered as most of efficient method to extract hydrocarbons. The segment is anticipated to gain significant market share by 2023.
Leading players in the thermoformed plastics market includes Anchor Packaging, Associated Packaging Technologies, Brentwood Industries, Clear Lam Packaging, D&W Fine Pack, Pactiv, Peninsula Packaging and others. Key players are focusing on increasing their market penetration through mergers and acquisitions of small players.
Overall, global thermoformed plastics market is projected to register significant growth over the forecast period (2016-2023).
Key Trends:
Merger & Acquisition
Capacity expansion
Research & development of new products
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Transportation Management Systems Market to Reach US$ 15.54 Bn By 2022

Transportation Management Systems Market to Reach US$ 15.54 Bn By 2022

According to a new market report published by Credence Research, Inc., “Transportation Management Systems Market (Food and Beverage, Retail, Electronics/High-tech, Automotive, Manufacturing, Transportation and Logistics, and Others (Pharmaceuticals, Chemicals, etc.)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022” the global transportation management systems market is expected to grow at a CAGR of 9.8% during the forecast period 2015 – 2022.


Market Insights:

A transportation management system (TMS) is one of the critical components of supply chain management used to manage and control freight movement. With the advancements in technology, transportation management systems have been instrumental in helping companies control their freight costs and allow electronic communications with carriers, trade partners, and customers. With the expansion in breadth of offerings and integration capabilities, transportation management systems have become a preferred choice for firms of all sizes and across varied industries. Growing popularity of SaaS-based solutions offering superior benefits in terms of cost, visibility, and maintenance is identified as the major factor driving market growth. The emergence of these cloud-based solutions is also expected to trigger the replacement of aging conventional TMS solutions. In addition, the growing preference for multi-channel distribution and demand for greater visibility in supply chain among shippers is expected to have positive impact on the market growth.

Competitive Insights:

The market for transportation management systems is moderately competitive across varied end-use verticals. The transportation management solution providers are required to understand distinct differences and requirements of different modes of transportation and industry verticals. SAP SE (Germany) is identified as the market leader in the global transportation management systems market for the base year of 2014.
Some other promising players identified in the global transportation management systems market include 3GTMS, Inc. (the U.S.), Oracle Corporation (the U.S.), JDA Software Group, Inc. (the U.S.), Manhattan Associates Inc. (the U.S.), CargoSmart Ltd. (Hong Kong), One Network Enterprises (the U.S.), Lean Logistics, Inc. (the U.S.), Descartes Systems Group, Inc. (the U.S.), and MercuryGate International, Inc. (the U.S.) among others.  
The global transportation management systems market also includes number of niche players, which account for trivial market share individually. The market for transportation management systems worldwide is driven by technology development and technology innovation. Thus the competitive rivalry among current market players, which is currently moderately high, is expected to elevate in the coming years.
Key Trends:
Growing demand for Software-as-a-Service-based transportation management solutions
Growing preference for omni-channel distribution
Proliferation of e-commerce and growing demand for supply chain analytics
Transportation Management Systems with improved functionalities and capabilities to replace aging conventional systems.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Global Advanced Wound Care Market Is Expected To Reach US$ 13.1 Bn By 2025

Global Advanced Wound Care Market Is Expected To Reach US$ 13.1 Bn By 2025

According to the latest market report published by Credence Research, Inc. “Advanced Wound Care Market - Growth, Future Prospects, and Competitive Analysis, 2017 - 2025,” the global advanced wound care market was valued at US$ 7,532.1 Mn in 2016, and is expected to reach US$ 13,455.1 Mn by 2025, expanding at a CAGR of 6.4% from 2017 to 2025.


Market Insights

Advanced wound care products available in market, includes hydrocolloid, hydrofibre, film, hydrogel, collagen, etc. which are designed to treat the complex wounds. Advanced wound care products are used for treatment of both chronic and acute wound. Due to life style changes, there is being rise in chronic diseases like diabetes, and vascular diseases giving rise to chronic wounds such as diabetic foot ulcers, arterial ulcers, and pressure ulcers which is the major driving factor for the advanced wound care management.  Acute wound due to surgery or traumatic accidents is also on the rise, which requires to address with novel products and technology coming up in the market. Development of novel products, enhanced technology and surge in geriatric population is anticipated to accelerate the growth of advanced wound care market.

The advanced wound care market is segmented by wound type consisting of burns, pressure ulcers, diabetic foot ulcer, arterial ulcer, surgical and traumatic wounds. Diabetic foot ulcer occupies the largest market in advanced wound care market. Surgery and traumatic wound is anticipated to be the fast growing market during the forecast period 2017-2025.

The advanced wound care market is segmented by product type consisting of advanced wound dressings and active wound care.  Advanced wound dressing further sub-segmented into foam dressing, hydrocolloid dressings, hydrofiber dressings, film dressings, alginate dressings, hydrogel dressings, collagens dressing, semi-permeable films. Active wound care further sub segmented into artificial skin and skin substitutes and growth factors. In advanced wound dressing, foam dressing occupies the largest share followed by hydrocolloids.

As of the current market scenario, North America dominates the advanced wound care market, with US occupying the maximum share regional market. Surge in prevalence of chronic diseases such as diabetes, vascular disease, development of novel products and technological advancement in wound care are driving the growth of the market. Asia Pacific is anticipated to be the fastest growing market for the advanced wound care management, due to rise in population especially suffering from chronic diseases, increase health awareness and rise in disposable income and investment.

Market Competition Assessment:

Key players in the advanced wound care market are Acelity L.P. Inc, 3M, B. Braun Melsungen AG, BSN medical GmbH,  Coloplast A/S, ConvaTec Inc.,  Integra Lifesciences Corporation, Medline Industries, Inc., Medtronic,  Molnlycke Health Care,  MPM Medical Inc. (Rbc Life Sciences, Inc.), Organogenesis, Inc., Smith & Nephew plc., and others
Key Market Movements:
- Surge in lifestyle diseases such as diabetes, vascular diseases has led to increase in chronic wounds such as diabetic foot ulcer, pressure ulcer, and arterial ulcer, which is one of the key drivers of the advanced wound care market
- Advancement in technology in terms new devices and upcoming novel product to treat the complex wound to enhance the therapeutic outcomes
- Rise in geriatric population, favorable reimbursement policy, increase in health care expenditure are some of the factors driving the demand of  advanced wound care market
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Emulsifiers Market To Reach Us$ 11,997.5 Mn By 2023

Emulsifiers Market To Reach Us$ 11,997.5 Mn By 2023

According to a new market report published by Credence Research Inc., “Emulsifiers Market by Product Type (Lecithins, Mono & Di -  glycerides of fatty acid, Esters of monoglycerides of fatty acids, Polysorbates, Polyglycerol Esters, Polyglycerol polyricinoleate and Lactic esters of Fatty Acids) by End Use Type (Personal Care & Cosmetics, Food & Beverages, Pharmaceuticals and Others (Agrochemicals, Oilfield Chemicals, Etc)”  - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023”, the worldwide emulsifiers market was valued at US$ 7,271.2 Mn in 2015. In the same year, in terms of volume the market was 2,593.5 thousand tons.  


Market Insights

The global market for emulsifiers is witnessing growth on the ground of rising demand from various end users application segments. The food industry is the largest application of emulsifiers. This is due to rise in demand for packaged and convenience foods; especially in emerging markets such as Asia Pacific and the Middle East.

Owing to its multi functionality as it provides stabilization, increases softness and enhances the shelf life of the product, emulsifiers are also widely used in personal care products. Emulsifiers are used in skin care products, makeup bases and foundations, shampoos and fragrance powders among others. Furthermore, the expanding application scope for emulsifiers is projected to open new avenues for emulsifiers manufactures.
By geography, Europe is the largest market and accounted for 32.9% share of the market pie in terms of demand in 2015. The market for emulsifiers in Europe is witnessing growth due to rising demand from various end user applications such as cosmetics & personal care, food and oilfield chemicals among others. Asia-Pacific is projected to be the fastest growing market on account of flourishing food processing industry, rise in disposable income and increasing awareness about the benefits of emulsifiers among others.

Competitive Insights:

The market is highly competitive due to presence of large multinationals. Product differentiation plays a vital role to create brand loyalty among customers and to perceive potential customers. Companies are also focusing on investing in R&D for improvement of functionalities of their various synthetic emulsifier products. Danisco, BASF SE, Cargill Inc., Archer Daniels Midland Co. and Lonza Group Ltd. are some of the prominent players present in this market.


Key Trends:
Focus on niche application area for emulsifiers
Untapped and emerging regions provides huge market potential
Product differentiation plays a vital role to create brand loyalty
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
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Ph: 1-800-361-8290


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Global Ultrasound Devices Market is Expected to Reach USD 7,673.8 Mn by 2022

Global Ultrasound Devices Market is Expected to Reach USD 7,673.8 Mn by 2022

The latest market report published by Credence Research, Inc. “Global Ultrasound Devices Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the ultrasound devices market was valued at USD 5,524.5 Mn in 2015, and is expected to reach USD 7,805.9 Mn by 2022, expanding at a CAGR of 5.02% from 2016 to 2022. 


Market Insights

Ultrasound diagnosis is an imaging procedure carried out using high-frequency sound waves to produce precise images of structures of human body. The produced images during an ultrasound examination provide valuable information for diagnosis and treatment of several diseases. Introduction of innovative technologies such as 3D and 4D imaging are creating opportunities for the existing as well as new market players in ultrasound devices market. However, the major factors restraining the growth of the market are reimbursement policies in emerging nations. The ultrasound devices market is segmented on the basis of product type, technology, application and geography. The cart/trolley based ultrasound devices segment accounted for the largest share of the ultrasound market by products in 2015 due to factors such as cost-efficiency and high market penetration compared to compact/handheld devices. Based on technology, the 3-D and 4-D ultrasound segment held the largest share of the market in 2015 and is expected to dominate the market throughout the forecast period and is likely to expand at a high CAGR from 2015 to 2023. The overall market growth of ultrasound technology market is attributed by the use of 2D ultrasound in diagnosis of disease, accessibility to important medical reimbursement especially in mature markets, constant technological developments in the diagnostic ultrasound imaging industry, and expansion of application perspective of 3D and 4D ultrasound applications.

Market Competition Assessment

The key market leaders in ultrasound devices market are GE Healthcare, FUJIFILM Holdings Corporation, Koninklijke Philips N.V., Mindray Medical Corporation, Esaote SpA, and Analogic Corporation. Other players involved in the ultrasound devices market are Hitachi Medical Corporation, Samsung Medison Co. Ltd., Toshiba Medical Systems Corporation, Thermo fisher scientific and Siemens Healthcare. Thus, the well established companies with huge capital reserves and strong research and development are expected to dominate the market throughout the forecast period.
Key Market Movements
High prevalence and increasing incidence rate of oncology, cardiovascular, and other lifestyle diseases across the world
Increasing healthcare expenditure in developed as well as  developing countries
Rapidly aging global population accompanied with increased health care needs
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Ph: 1-800-361-8290
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Meat Processing Equipment Market Is Expected To Reach US$ 15,861.3 Mn By 2023

Meat Processing Equipment Market Is Expected To Reach US$ 15,861.3 Mn By 2023: Rising Awareness Related To Processed Meat Product To Drive The Market

According to a new market report published by Credence Research “Meat Processing Equipment Market- Growth, Future Prospects, and Competitive Analysis 2016 - 2023,” the meat processing equipment market has been estimated to be valued at US$ 9,804.9 Mn by the end of 2016, and is expected to reach US$ 15,861.3 Mn by 2023, expanding at a CAGR of 7.1% from 2016 to 2023.


Market Insights

Globalization has led to fast changes in the inclination related to food and eating habits of people all over the world. It has been notified that people are opting for higher protein intake into the diet, thus leading to enhanced consumption of meat. The key vendors of processed meat are highly emphasizing on quality of products. The processed meat products comprises of vital ingredients that saves cooking time. Some of the essential factors that has strengthened the growth of processed meat markets include rising population all over the world, enhancing in income especially in Asian countries such as China and India as some of the countries of Eastern Europe and Latin America as well as rising substantial demand for convenience food. This is anticipated to expand the growth of meat processing equipment industry in future.

Worldwide meat processing equipment industry is also observing significant growth due to enhanced demand for high quality processed meat products. The mechanization in the process of meat processing has not only impacted and decreased to labor force but has also led to robust changes in safety issues pertaining to meat processing industries. Apart from this, rising awareness related to processed meat product, change in demand for food as well as enhancement in the technologies are further expected to propel the demand for meat processing equipment over the forecast period.

Competitive Insights:

Meat processing equipment market is segmented on the basis of equipment type such as cutting, blending, filling, grinding, and others. In 2015, cutting segment contributed the highest revenue share of the total meat processing equipment market. The other equipment such as massaging and blending is anticipated to expand at a robust CAGR till 2023. The global meat processing equipment market is further bifurcated by meat type which includes pork, beef and mutton. The pork segment marked the highest revenue share in meat processing equipment market in 2015. Rising demand for processed pork especially in North America region in order to make sausages and hamburger is expected to expand the growth of segment over the forecast period.  


Key Trends:

Merger & Acquisition
Expansion and Investment
Rising trends of new product development
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Ph: 1-800-361-8290


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Thursday, June 1, 2017

Polyphenylene Sulphide (PPS) Market is Expected to Reach US$ 2,023.7 Mn by 2022

Polyphenylene Sulphide (PPS) Market is Expected to Reach US$ 2,023.7 Mn by 2022

According to a new market report published by Credence Research “Polyphenylene Sulphide (PPS) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022,” the Polyphenylene Sulphide (PPS) market was valued at US$ 779.4 Mn in 2014, and is expected to reach US$ 2,023.7 Mn by 2022, expanding at a CAGR of 13.0% from 2016 to 2022.

Browse the full Polyphenylene Sulphide (PPS) Market for Electrical & Electronics, Automotive, Industrial, Coatings, Filtration & Filter Bags and Other Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/polyphenylene-sulfide-pps-market

Market Insights

Polyphenylene Sulfide (PPS) is an aromatic polymer which is crystalline in nature and contains sulfide linkages. These polymers are characterized by their molecular weight. Three types of PPS grades are available which include- filled resin, neat resin and glass/mineral filled resins. All the three grades have excellent chemical resistance and high-temperature stability. These polymers differ in their mechanical properties and processibility. PPS which is commercially manufactured is segmented into linear and cross linking processes.
The major factors driving the global Polyphenylene Sulfide (PPS) market include the growth in the Chinese automobile industry. Due to the beneficial properties of PPS such as resistance to fuel, transmission and brake fluids and high temperatures, high demand is reported for PPS from the automotive industry. It helps in increased stability and weight reduction in comparison to the full metal body framework. The vital automotive applications include fuel system parts, electrical & electronic components and induction systems among others. Growing per capita income of people in the region has led to high demand for vehicles in the market. This has led to high growth of automotive industry in China and Japan. Another factor contributing to the growth of global PPS market is the increasing use of filter bags in thermal and coal power plants. Hence, high demand is experienced for PPS in the global market.

Competitive Insights

PPS is used in a wide range of end-use industries. On the basis of its applications, the global PPS market is segmented into electrical & electronics, automotive, industrial, coatings, filtration & filter bags and others. Filtration & filter bags accounted for major share of global PPS market in 2014. Stringent regulations in the industrial sector have led to high demand for PPS in the market. Resistance towards mineral and alkaline acids and hydrolysis properties has contributed to the growth of filtration & filter bags globally. Electrical & electronics was the second largest application segment of PPS and is expected to boost market demand in the near future. Rising demand for PPS in the manufacture of electrical components is expected to boost market demand in the coming years. Other applications such as automotive, coatings, industrial and others are also projected to fuel market demand for PPS during the forecast period from 2016 to 2022.

Browse the full Polyphenylene Sulphide (PPS) Market for Electrical & Electronics, Automotive, Industrial, Coatings, Filtration & Filter Bags and Other Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/polyphenylene-sulfide-pps-market

Key Trends

High demand from various end use industries
Automotive industry driving the growth of market
Asia Pacific is the fastest growing region
Opportunities from increase in industrial applications
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Grinding Machine Market Set To Cross The US$ 5 Bn Mark By 2023

Grinding Machine Market Set To Cross The US$ 5 Bn Mark By 2023

According to a new market research report published by Credence Research “Grinding Machine Market (Product: Cylindrical, Surface, Gear, Tool & Cutter, Bench, Jig, Belt and Others) - Growth, Future Prospects and Competitive Analysis, 2016 - 2023”, the global grinding machine market is estimated to reach US$ 5.06 Bn by 2023.


Market Insights

The machine grinder is an industrial equipment used for fine surface finishing by removing excessive amount of material on a given surface/product. These machines have been facing continual evolution over the years so as to cater to the diversifying needs of different industry verticals. The most popular types of machine grinders used in industry are surface grinder, tool and cutter grinder and cylindrical machine grinder. The overall grinding machine market is majorly driven by the huge industrial manufacturing industry worldwide demonstrating consistent growth. Apart from North America and Europe, Asia Pacific has witnessed profound industrial growth since the past few decades. Countries such as China, India, Southeast Asia countries have portrayed substantial growth across various industrial manufacturing sectors over the period of time. This has led to strong demand for industrial machine tools (such as grinding machines).

The grinding machines market is segmented on the basis of types into cylindrical, surface, gear, tool & cutter, bench, jig, belt and others. The overall market is currently led collectively by cylindrical, surface and gear grinding machines segments. On the basis of applications, the market is categorized into automotive, machine tools & parts, consumer goods, aerospace & defense, electrical & electronics, shipbuilding and others. In terms of applications, the market is majorly governed by automotive, machine tools & parts manufacturing and consumer goods segments. On the basis of geographic regions, the grinding machines market is led by Asia Pacific, followed by Europe.

Competitive Insights:
The rise in the number of manufacturers/suppliers, distributors, and service providers has ensured a highly competitive market where most manufacturers are struggling to gain meaningful differentiation. Amada Machine Tools, Okuma Corporation and the 3M Company are identified as the leading grinding machine manufacturers. Manufacturers including Kellenberger, DANOBAT Group and Korber AG are some of the most promising players on account of their established presence across the globe and aggressive product development strategy. Other players in the market include Toyoda, ANCA Pty Ltd, Junker Group, Koyo Machinery, WMW Machinery as niche players.
Key Trends:
Product and service enhancement
Focus on automated grinding machines
Strong growth in tool & cutter grinding machines
Enhancement of distribution network
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
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Ph: 1-800-361-8290


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Flavored Syrups Market Is Anticipated To Reach US$ 61.1 Bn By 2024

Flavored Syrups Market Is Anticipated To Reach US$ 61.1 Bn By 2024: Rising Consumer Preference Towards Convenience Food To Impel The Growth

The latest market report published by Credence Research, Inc. “Flavored Syrups Market, By Type, Application and Region - Growth, Future Prospects, and Competitive Analysis, 2016 - 2024,” the flavored syrups market was valued at US$ 40.0 Bn in 2015, and is expected to reach US$ 61.1 Bn by 2024, expanding at a CAGR of 4.8% from 2016 to 2024.

Browse the full Flavored Syrups Market by Type, Application and Geography - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024 report at http://www.credenceresearch.com/report/flavored-syrups-market

Market Insights

Flavored syrup comprises of a syrup that is sugar coated with artificial or natural flavorings and is utilized and mixed with carbonated water, pancakes, ice cream, tea, coffee, and others. The consumers’ preferences for wide variety of personalized flavors in food has strengthened the flavored syrup producers to produce different range of flavored syrups. The application of flavored syrups as sweetener and taste enhancer is showcasing its prominence in production of frozen and dairy products. The demand for syrups is anticipated to expand over the next few years it is an organic product and is widely available in range of low calorie formulations. Flavored syrup’s core activities in beverage and food industry comprises of production of soft drink concentrates and beverage syrups in different flavors. Besides sweet flavored syrup, savory based flavored syrups are also increasing its significance as it is utilized in meat recipes, salad dressings, production of bakery and confectionery based products.

Increasing variety of flavors in food products is expected to impel the growth of flavored syrups market over the forecast period. Apart from this, rising consumer preferences towards convenience foods and as well as ready to eat products are anticipated to impel the growth of flavored syrups market over the forecast period. The popularity of syrups in beverage production as an additives in yogurts and frozen desserts is also likely to foster the growth of flavored syrups market in the next few years till 2024.
Considering the competition, this market is characterized by presence of various players some of which are small-scale players and some are the largest in number. In order to enhance their presence in the overall global market, the companies are focusing on research and development as well as new product development. The companies are entering into manufacturing of innovative products which will help in strengthening the growth of the market.
Key Trends:
New product development
Rising demand chocolate flavor in bakery industry
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Name: Chris Smith
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Ph: 1-800-361-8290


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Baby Diapers Market to Cross US$ 65 Bn Mark by 2023

Baby Diapers Market to Cross US$ 65 Bn Mark by 2023

According to a new market research report published by Credence Research “Baby Diapers Market (Product – Cloth Diapers, Disposable Diapers, Training Nappies, Swim Pants) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 - 2023”, the global baby diapers market was valued at US$ 40.9 Bn in 2015 and is estimated to expand with a CAGR of 6.0% from 2016 to 2023.


Market Insights:

The era of using traditional cloth diapers is rapidly exiting, especially in India and China, thereby driving the overall baby diapers market growth. Increasing literacy, health awareness and rise in discretionary income are the prime factors responsible for the baby diapers market growth, especially in the developing economies. People are now more inclined towards providing better and gentler care/products to their babies. This has led to significant rise in competition towards offering better products at competitive prices. Another major factor fueling the market growth and competition is development of diaper products using better material providing better protection.

The most significant factor bolstering the market growth is the rising birth rate worldwide. Although the overall birth rate per year is has decreased significantly since the past few years, the rate is estimated to remain steady in the coming years. India and China are the most promising markets for baby diapers mainly due to their strong birth rate (as compared to other regions) and rising awareness towards baby care products. Another major factor fueling the market growth is the rising discretionary income of people, globally. People, mainly in the developing economies, now have more interest towards buying branded baby products so as to ensure optimum quality of the products. Nevertheless, continued exposure to disposable baby diapers results in skin rashes and hence may have other impacts on baby health. This is one of the most serious concerns for baby diapers market.

Competitive Insights:

The global baby diapers market is consolidated in nature with a few major international players contributing to more than fifty percent of the total market revenue. The market players primarily compete on the basis of their products (material and comfort), price and brand-name. The prime source of product marketing is through television advertisements. Thus, major players across the worldwide invest special efforts towards marketing their products so as to ensure strong influence on their consumers.

Another major area of focus for the baby diaper manufacturers is attractive packaging of the products. Attractive packaging plays crucial role in case of baby products as it largely helps driving the consumers. This makes attractive packaging is one of the most important strategies adopted by the baby diaper manufacturers. Further, due to rising penetration of online retail, majorly in Asia Pacific, companies are now increasingly promoting their products online so as to capture the consumer base.

Key Trends:
Baby diapers using advanced superabsorbent material
Focus on India and China by launching price competitive products
Online product promotion
Brand-name promotion
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
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Ph: 1-800-361-8290


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Breast Biopsy Devices Market Was Valued At USD 617.62 Mn In 2015

Breast Biopsy Devices Market Was Valued At USD 617.62 Mn In 2015, And Is Expected To Reach USD 1,250.71 Mn By 2022, Expanding At A CAGR Of 10.6% From 2016 To 2022

The latest market report published by Credence Research “Global Breast Biopsy Devices Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the breast biopsy devices market was valued at USD 617.62 Mn in 2015, and is expected to reach USD 1,250.71 Mn by 2022, expanding at a CAGR of 10.6% from 2016 to 2022.

Browse the full report Breast Biopsy Devices Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/breast-biopsy-devices-market

Market Insights

Breast cancer is among the most commonly diagnosed non-skin cancer across the world, with among the highest annual mortality. While the incidence of the disease is increasing at alarming rates in the developing markets, the breast cancer survival prognosis is reported to be con tenuously improving this proving development in the trends of early disease diagnosis and treatment outcomes. Pathological detection of breast cancer has evolved a long way until present with biopsy becoming the standard route of disease detection. With the introduction of minimally invasive biopsy procedures, intimating with fine needle aspiration, the global breast biopsy devices market has witnessed phenomenal growth over the period. 

Rapidly aging population and the proven correlation of age with the incidence of breast cancer is among the biggest contributors to the breast biopsy devices market. Alarming disease incidence and technological development resulting in rapid adoption of breast biopsy devices and related solutions are observed to be the major market drivers in the developing regions of the world. Introduction of guidance enabled biopsy systems has further facilitated the market development and assisted in containment of breast cancer incidence.

Market Competition Assessment

Te global breast biopsy devices market is consolidated with a few players dominating the major chunk of the market revenue. Players such as Hologic, Mammotome, C.R. Bar, Inc. are identified and recognized as the global market leaders. Other players such as Argon Medical Devices, Becton Dickinson and Company, Sterylab are the promising market players with their established positions in prime market segments.
Key Market Movements
Increased preference for minimally invasive biopsies
Rapid shift towards guided biopsies
Growth in adoption of disposable consumables
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Curcumin Market is Expected to Reach US$ 84.3 Mn by 2022

Curcumin Market is Expected to Reach US$ 84.3 Mn by 2022

According to a new market report published by Credence Research “Curcumin Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2021,” the curcumin market was valued at US$ 35.7 Mn in 2014, and is expected to reach US$ 84.3 Mn by 2022, expanding at a CAGR of 11.6% from 2015 to 2022.

Browse the full Curcumin Market for Pharmaceuticals, Food, Cosmetics and Other Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/curcumin-market

Market Insights:

Turmeric is a spice which is derived from the rhizomes of curcuma longa that belongs to the ginger family. The horizontal roots and shoots that are said to be underground stems are known as rhizomes. The bright yellow color of turmeric is derived from the fat soluble, polyphenolic pigments which are known as curcuminoids. The primary curcumanoid is curcumin which is found in turmeric and is known to be the most active constituent. Curcumin is known for its use as a spice and pigment, but it is also used for medicinal purposes since centuries. Growing research studies on curcumin possessing anti-inflammatory and anti-cancer properties has led to scientific interest in the prevention and treatment of diseases.

Rising awareness among the people regarding benefits of curcumin has led to high growth of global curcumin market. Curcumin is known for its beneficial properties in the medical field. It inhibits the growth of helicobacter pylori which causes gastric ulcers and is also linked with gastric cancer. Curcumin based supplements are used to treat patients suffering from gastric ulcers. Such advantages of curcumin have led to curcumin based supplements in the market. Hence, high demand for curcumin is reported from the pharmaceutical industry worldwide. Growing demand from the cosmetics industry is one among the major factors driving the growth of global curcumin market. Hence, curcumin is anticipated to experience high demand in the market.

Competitive Insights:

Pharmaceuticals accounted for major share of global curcumin in the market. The beneficial properties of curcumin have led to high demand from the pharmaceutical industry to manufacture medicines and herbal supplements. Evidences in scientific research have proved that curcumin possesses anti-inflammatory and anti-cancer properties which makes it useful for the treatment of cancer and other diseases. Food accounted as the second largest application of curcumin in the market. It is widely used as spice in Asia Pacific and is used as a food colorant in the West. Growing demand for curcumin in the food industry has boosted market growth of curcumin market and is expected to rise during the forecast period. Cosmetics industry is also anticipated to generate high demand for curcumin due to its anti-oxidant property. Other applications such as cyanide detection and dye are also projected to fuel market growth of curcumin in the near future.
Key Trends:
Manufacture of various herbal supplements
Food colorant in Asian cuisine
Manufacture of skin care products
Opportunities from increasing research activities for use of curcumin in dye sensitized solar PV technology
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290


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Essential Oils Market Is Expected To Reach Over US$ 9.6 Bn By 2022

Essential Oils Market, For Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care Products, Spa And Salon Products, Household Cleaning Products And Other Applications Is Expected To Reach Over US$ 9.6 Bn By 2022

According to a new market report published by Credence Research “Essential Oils Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2022,” the essential oils market is expected to reach over US$ 9.6 Bn by 2022, expanding at a CAGR of more than 8.8% from 2016 to 2022.

Browse the Essential Oils (Orange, Citronella, Corn Mint, Eucalyptus, Lemon, Clove Leaf and Others) Market, for Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care Products, Spa and Salon Products, Household Cleaning Products and Other Applications - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2022 report at http://www.credenceresearch.com/report/essential-oils-market

Market Insights

Essentials oils have been used worldwide by many cultures for centuries. The use of essential oils varied in between the cultures from healing the sick to religious purposes. The use of essential oil as healing agent to mankind was found in Lascaux, which is located in the Dordogne region in France. It is reported that the Egyptians used essentials oils since 4500 B.C.E. It was then known by humans regarding its beneficial properties as aromatic oils and as healing agents. Egyptians were the first to make use of essential oils for medicinal purposes more than beauty treatments. Since then, essential oils have been widely used worldwide as aromatic oil, flavoring agent or as medicine for healing.

The global essential oils market based on products is segmented into orange, citronella, corn mint, eucalyptus, lemon, clove leaf and others. Among these, orange oil accounted as the largest product segment of essential oils market in 2015. Growing demand for orange oil in the food & beverage industry and pharmaceutical and cosmetic industry has led to the growth of essential oils market worldwide. The medicinal as well as aromatic properties of orange oil have attracted various end-user industries in the market. Hence, orange oil is expected to fuel high growth of essential oils market. Citronella, corn mint, eucalyptus, clove leaf and lemon among others are anticipated to experience high demand in the near future due to high demand from the pharmaceutical, cosmetic & personal care product and food & beverage industries in the market.

Competitive Insights:

Food & beverage dominated the global essential oils market in 2015 and is expected to retain its position in the near future. Growing demand for wide product range of essential oils in manufacture of confectionary and beverages has promoted growth of global essentials oils in the market. Spa and salon products accounted as the second largest market in 2015 and are expected to increase during the forecast period due to high demand for essential oils from the industries manufacturing spa products. Spa products consist of high amount of essential oils due to the medicinal properties and aroma of the essentials oil which is useful in healing pains and provide relaxation. Hence, spa and salon products are anticipated to fuel market growth of essential oils in the market. Cosmetic and personal care products followed spa and salon products and are expected to experience high demand in the near future. Other application such as pharmaceuticals, household cleaning products and others are also projected to boost growth of global essential oils market during the forecast period from 2016 to 2022.
Key Trends:
High demand from the food & beverages industry
Growing demand from the spa and salon products industry
Growing consumer awareness for natural oils over synthetic oils in various applications
Opportunities from research & development activities to identify medicinal uses and its applications in wide range of end-user industries
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290


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