giugno 2023 - market news

Antioxidants Market 2023 | Industry Share, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Antioxidants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global antioxidants market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the antioxidants market?

Report Attributes	Details
Market Size in 2022	US$ 3.8 Billion
Market Forecast in 2028	US$ 5.8 Billion
Growth rate (2023 to 2028)	CAGR of 6.10%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is antioxidants?

Antioxidants refer to molecules that can neutralize or inhibit the harmful effects of free radicals in the body. They provide electrons to the free radicals, thereby preventing them from causing damage. Antioxidants can also help to regenerate other molecules in the body. They can be obtained via a balanced diet that comprises vegetables, whole grains, fruits, nuts, seeds, etc. Antioxidants are also commonly available as dietary supplements that are formulated in the form of tablets, capsules, or powders to promote overall health and well-being. They are widely used in the food and beverage (F&B) industry to prevent oxidation and extend the shelf life of products. Antioxidants provide versatility and other beneficial properties, which in turn, make them valuable components in numerous products and formulations.

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What are the growth prospects and trends in the antioxidants industry?

The increasing demand for functional foods and beverages that offer additional health benefits is primarily driving the antioxidants market. Moreover, the widespread adoption of antioxidants, as they aid in minimizing the risk of cancer, diabetes, neurodegenerative disorders, etc., is further bolstering the market growth. Besides this, the rising usage of natural antioxidants, such as vegetables, fruits, plant extracts, etc., as they are considered healthier alternatives to synthetic additives, is acting as another significant growth-inducing factor. Additionally, antioxidants are also added to animal feed and pet food to prevent the oxidation of oil, fats, and other nutrients. Apart from this, they are widely utilized in the pharmaceuticals industry to avoid oxidative degradation of drugs and maintain their stability and potency, which is stimulating the market growth. Furthermore, several advancements in extraction technologies and formulation techniques are anticipated to fuel the antioxidants market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Natural Antioxidants
Synthetic Antioxidants

Form Insights:

Dry
Liquid

Application Insights:

Food and Feed Additives
Pharmaceuticals and Personal Care Products
Fuel and Lubricant Additives
Plastic, Rubber, and Latex Additives
Others

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

ADEKA Corporation
Adishank Chemicals Pvt. Ltd.
BASF SE
Camlin Fine Sciences Ltd.
Cargill Incorporated
Eastman Chemical Company
ICC Industries Inc.
Kalsec Inc.
Kemin Industries Inc.
Khera Chemical Industries
Koninklijke DSM N.V.
Trigon Antioxidants Pvt. Ltd., etc.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Australia Oat Milk Market 2023 | Industry Trends, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Australia Oat Milk Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the Australia oat milk market share, size, trends, and growth forecasts.

Report Highlights:

How big is the Australia oat milk market?

Report Attributes	Details
Market Size in 2022	AUD 123.6 Million
Market Forecast in 2028	AUD 625.2 Million
Growth rate (2023 to 2028)	CAGR of 24.10%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is Australia oat milk?

Oat milk represents a plant-based beverage that is obtained from liquified oats and serves as a lactose-free and vegan-friendly alternative to dairy milk. It is usually characterized by a rich, creamy texture and neutral taste. Oat milk is an excellent source of essential nutrients, such as potassium, folate, iron, calcium, manganese, zinc, thiamine, magnesium, vitamin D, etc. It aids in regulating blood cholesterol levels, strengthening bones, maintaining heart health, etc. Oat milk is widely utilized to prepare several drinks, including milkshakes, smoothies, tea, coffee, health drinks, etc. It is also used in the production of bakery goods, including muffins, cakes, cupcakes, chocolates, etc. Consequently, oat milk is gaining extensive traction among health-conscious consumers across Australia.

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What are the growth prospects and trends in the Australia oat milk industry?

The increasing consumer awareness towards animal welfare and cruelty is propelling the demand for plant-based diets, which is primarily driving the Australia oat milk market. Additionally, the widespread adoption of aggressive promotional activities by celebrities and athletes to promote the usage of vegetarian products for a healthy lifestyle is further bolstering the market growth. Besides this, the development of oat milk in numerous innovative flavors, including vanilla, coffee, hazelnut, mocha, chocolate, strawberry, berry, banana, coconut, etc., is acting as another significant growth-inducing factor. Moreover, it is easily available via online retail platforms and offline distribution channels, which is catalyzing the market growth across the country. Apart from this, the rising number of cafes offering oat milk-based drinks is also stimulating the market growth. Furthermore, the expanding vegan and lactose-intolerant population is anticipated to fuel the Australia oat milk market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Source Insights:

Conventional
Organic

Flavor Insights:

Plain
Flavored

Packaging Form Insights:

Carton
Bottle
Can

Regional Insights:

New South Wales
Victoria
Queensland
Western Australia
South Australia
Tasmania
Others

Who are the key players operating in the industry?

The report covers the major market players including:

Califia Farms AU (Califia Farms, LLC)
Chobani Australia Pty Ltd. (Chobani, LLC)
Inside Out Nutritious Goods Pty Ltd.
Minor Figures AU (Minor Figures Limited), Noumi Limited, Oatly AB (Cereal Base Ceba AB)
PureHarvest, Sanitarium
Uncle Tobys (Nestlé)
Vitasoy Australia (Vitasoy International Holdings Limited)
Wide Open Agriculture, etc.

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Vitamins Market 2023 | Industry Size, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Vitamins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global vitamins market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the vitamins market?

Report Attributes	Details
Market Size in 2022	US$ 13.86 Billion
Market Forecast in 2028	US$ 19.7 Billion
Growth rate (2023 to 2028)	CAGR of 6.30%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is vitamins?

Vitamins represent essential organic compounds that are important for maintaining good health and support numerous bodily functions. They are mainly obtained via a balanced diet, and some can also be synthesized within our bodies. These compounds are classified into two categories, namely fat-soluble vitamins and water-soluble vitamins. They work as coenzymes or precursors for enzymatic reactions, thereby playing a crucial role in energy production, immune function, cell growth and repair, etc. Vitamins also act as antioxidants, protecting cells from damage caused by free radicals. They help in improving vision and enhancing bone health.

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What are the growth prospects and trends in the vitamins industry?

The rising consumer awareness towards the advantages of maintaining a healthy lifestyle and preventing nutritional deficiencies is among the key factors driving the vitamins market. Moreover, the growing prevalence of chronic disorders, such as obesity and cardiovascular ailments, has led to the inflating focus among individuals on preventive healthcare, which is further stimulating the market growth. Besides this, the expanding geriatric population is acting as another significant growth-inducing factor. Furthermore, continuous technological advancements, including the introduction of innovative delivery formats and nanotechnology, and the increasing influence of celebrity endorsements and social media platforms promoting the benefits of vitamins are also propelling the global market. Apart from this, the inflating disposable income levels of customers and the escalating demand for these organic compounds that can be incorporated into functional foods and beverages are positively influencing the market growth. Additionally, they are integrated into personalized nutrition and wellness programs, which is anticipated to fuel the vitamins market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Vitamin A
Vitamin B
Vitamin C
Vitamin D
Vitamin E
Vitamin K

Source Insights:

Natural
Synthetic

Application Insights:

Personal Care Products
Food and Beverages
Healthcare Products
Others

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

BASF SE
Bluestar Adisseo (China National Bluestar (Group) Co. Ltd.)
Farbest-Tallman Foods Corporation
Glanbia Plc
Jubilant Bhartia Group
Koninklijke DSM N.V.
Stern-Wywiol Gruppe GmbH & Co. KG
Vertellus
Vitablend Nederland B.V.
Zagro (Industria de Diseño Textil S.A.)
Zhejiang Garden Biopharmaceutical Co. Ltd., etc.

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Smart Retail Market 2023 | Industry Share, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Smart Retail Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global smart retail market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the smart retail market?

Report Attributes	Details
Market Size in 2022	US$ 31.2 Billion
Market Forecast in 2028	US$ 118.82 Billion
Growth rate (2023 to 2028)	CAGR of 24.90%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is smart retail?

Smart retail uses smart technologies designed to provide the consumer with an excellent, quick, safe, and smart shopping experience through data-driven solutions to improve operations and optimize numerous processes within the retail industry. It involves the integration of advanced technologies such as the Internet of Things (IoT), big data analytics, and automation to establish a seamless and personalized shopping environment. It comprises customized recommendations, self-checkout systems, interactive digital signage, inventory management systems, retail robots, real-time inventory, smart carts, and smart shelves. In addition, it enhances customer engagement and efficiency, tracks assets, improves supply chain management, and offers automated checkout and decision-making in the retail sector, ultimately providing consumers with a convenient and customized shopping experience. Consequently, smart retail is gaining immense popularity in supermarkets, hypermarkets, and specialty and department stores across the globe.

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What are the growth prospects and trends in the smart retail industry?

The market is primarily driven by the significant expansion in the retail sector. Additionally, the recent onset of the coronavirus disease (COVID-19) pandemic led to the escalating demand for online shopping alternatives, contactless experiences, and effective supply chain management, thus contributing to market growth. In line with this, smart retail technologies offer convenience, personalization, and seamless shopping experiences that align with consumer expectations with several features, such as mobile payments and self-checkout options, which is also influencing market growth. Moreover, several technological advancements and integration of virtual reality (VR), artificial intelligence (AI), blockchain, machine learning (ML), and augmented reality (AR) to improve the consumer experience, facilitate accurate inventory management, and enhance store operations represent another major growth-inducing factor. Besides this, the growing environmental awareness led to the adoption of energy-efficient technologies to address packaging waste, promote eco-friendly products, and integrate sustainable practices into their operations. Apart from this, the smart retail market is growing at different rates in numerous regions, with North America being the largest market due to several technological advancements, the widespread adoption of digital technology in every application, and the increasing application of smart retail solutions in intelligent dressing mirrors, reception robots, big data analytics, and shopping guide robots across the region. Moreover, the industry is expected to face competition in the upcoming years as numerous key players are implementing competitive strategies to sustain their presence in the market. For instance, Vivo, a mobile producer, introduced Vivo Smart Retail to help retailers see the demand for smartphones using smart retail networks in India. Furthermore, the extensive use of smart retail by small and medium enterprises (SMEs) and the shifting individual preference toward digital payments such as credit cards, prepaid cards, debit cards, and electronic wallets are creating a positive market outlook.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Offering:

Hardware
RFID Tags and Labels
Scanner/Readers
Mobile Computers
Point of Sale (POS) Terminals
Others
Software
Retail Management Software
POS Software
Inventory Management
Others
Services
Integration and Deployment Services
Consulting Services
Support and Maintenance Services

Breakup by Retailer Size:

Small and Mid-sized Retailers
Large Retailers

Breakup by Application:

Visual Marketing
Smart Label
Smart Payment System
Intelligent System
Others

Breakup by End User:

Supermarkets
Hypermarkets
Specialty Stores
Department Stores
Others

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Adroit Worldwide Media Inc.
com Inc.
Cisco Systems Inc.
Google LLC (Alphabet Inc.)
Honeywell International Inc.
Ingenico
Intel Corporation
NCR Corporation
NVIDIA Corporation
NXP Semiconductors N.V.
PTC
Samsung Electronics Co. Ltd.
Zippin

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Cloud Telephony Service Market 2023 | Industry Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Cloud Telephony Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global cloud telephony service market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the cloud telephony service market?

Report Attributes	Details
Market Size in 2022	US$ 20.23 Billion
Market Forecast in 2028	US$ 34.72 Billion
Growth rate (2023 to 2028)	CAGR of 9.25%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is cloud telephony service?

Cloud telephony, or cloud calling, is a telecommunications technology that allows corporations and individuals to conduct phone calls over the Internet, utilizing cloud-based servers instead of traditional telephone lines or on-site hardware. It minimizes the complexity and costs associated with maintaining traditional phone networks and offers scalability, allowing businesses to effortlessly add or remove phone lines and adjust their capacity as per their requirements. It also offers flexibility by allowing users to conduct and receive calls from any internet-connected device, including smartphones, tablets, laptops, or IP desk phones. Nowadays, cloud telephony services are widely adopted in telecom, government, retail, media and entertainment, information and technology (IT), banking, financial services, and information (BFSI) sectors across the globe.

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What are the growth prospects and trends in the cloud telephony service industry?

The market is primarily driven by the rising demand for effective connectivity. In addition, the cloud telephony service allows business-to-business communication using internet connectivity and replaces the conventional phone line system, which is increasing its application in small and medium enterprises (SMEs), thus contributing to the market growth. It also offers several advantages: scalability, flexibility, and cost-effectiveness. In line with this, the rising demand for cloud telephony services to order food online, book cabs, call banks, or OTP calls is also influencing the market growth. Moreover, the widespread adoption of cloud telephony services in the education sector for admissions, student services, and remote learning due to the growing number of schools and applicants represents another major growth-inducing factor. Besides this, various technological advancements in public switched telephone networks (PSTNs) and the extensive use of cloud telephony services in call centers to enhance efficiency through features such as automatic call distribution, call queuing, and call recording is accelerating the market growth. Along with this, the significant expansion in the hospitality and travel industry led to the deployment of cloud telephony services for managing reservations, guest inquiries, and customer support, thus propelling the market growth. Apart from this, the cloud telephony service market is growing at different rates in numerous regions, with North America being the largest market due to the widespread adoption of hosted cloud telephony services by corporations for numerous business-related activities, increasing cloud-based solutions and remote working models across the region. Moreover, the industry is expected to face competition in the upcoming years as numerous key players are implementing competitive strategies to sustain their presence in the market. For instance, in December 2020, Tata Tele business services introduced a cloud-based communication solution customized for corporations that provide hybrid connectivity between employees, customers, and vendors across various platforms and incorporates features such as intelligent call routing, API incorporation, call sentiment analysis, and text-to-voice conversion with the scalability and built-in security, eliminating the need for additional capital expenditure.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Network:

Public Switched Telephone Networks (PSTNs)
Voice over Internet Protocol (VoIP)

Breakup by Deployment Mode:

Cloud
Hosted

Breakup by Enterprise Size:

Small and Medium-Sized Enterprises (SMEs)
Large Enterprises

Breakup by Application:

Conferencing
Multi-level IVR
Sales and Marketing
Customer Relationship Management (CRM)

Breakup by End User:

BFSI
Government
Telecom and IT
Healthcare
Media and Entertainment
Retail
Others

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

8×8 Inc.
AVOXI Inc.
Cisco Systems Inc.
Dialpad Inc.
Exotel Techcom Pvt. Ltd.
Go 2 Market India Pvt. Ltd.
LeadNXT
Nextiva
NFON AG
Tripudio Ltd.

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Undercarriage Systems Market 2023 | Industry Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Undercarriage Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global undercarriage systems market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the undercarriage systems market?

Report Attributes	Details
Market Size in 2022	US$ 6.71 Billion
Market Forecast in 2028	US$ 8.6 Billion
Growth rate (2023 to 2028)	CAGR of 4.00%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is undercarriage systems?

Undercarriage systems, or undercarriages, are essential in numerous vehicles and machines, including heavy machinery, automobiles, aircraft, and trains. They consist of a collection of components that provide support, stability, and control for the movement of vehicles and include several parts that allow traction, steering, efficiency, and durability. They generally comprise suspension systems, braking systems, axles, wheels, tracks, and related linkages. In addition, they bear the weight of the vehicle and any additional loads, such as cargo or passengers, and can be adapted to various vehicle types and terrains, resulting in improved maneuverability and control of the system. They also mitigate the impact of shocks and vibrations, enhancing passenger comfort, reducing strain on the vehicle’s structure, and promoting safety. As a result, undercarriage systems are widely adopted in agriculture, forestry, mining, and construction equipment, such as dozers and excavators across the globe.

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What are the growth prospects and trends in the undercarriage systems industry?

The market is primarily driven by the expanding construction sector. In addition, rapid urbanization, the growing population, rising disposable income, and increased investments in infrastructure development projects such as roads and railways are contributing to the market growth. Moreover, various technological advancements in undercarriage system materials and manufacturing processes and the integration of advanced technologies such as global positioning systems (GPS), telematics, and the Internet of Things (IoT) represent another major growth-inducing factor. Besides this, the significant expansion in the agricultural industry and the widespread product adoption to improve farm productivity and yield and carry out certain tasks related to crop harvesting and production is accelerating market growth. Along with this, the extensive use of undercarriage systems in forestry equipment on heavy machines such as harvesters employed for harvesting trees or large logging trucks and operating in rough terrain conditions, is propelling the market growth. Apart from this, the undercarriage systems market is growing at different rates in numerous regions, with Asia Pacific being the largest market due to the widespread inclination toward equipment rental and leasing services in rental fleets to fulfill short-term project requirements, rising demand for heavy machinery in construction and agriculture activities, and extensive research and development (R&D) activities across the region. Moreover, the industry is expected to face competition in the upcoming years as numerous key players are implementing competitive strategies to sustain their presence in the market. For instance, in October 2019, Eurotrack Ltd. launched its continental trackman replacement tracks for most tractors to fit for durability and longevity and offer patented galvanized superior corrosion resistance quality. Furthermore, the escalating demand for undercarriage systems in the mining sector for excavators and dump trucks to carry out tasks such as loading machines and hauling gravel and sand from open pits while improving productivity and safety is creating a positive market outlook.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Rubber Track
Steel Track

Application Insights:

Agriculture
Construction
Forestry
Mining
Others

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Caterpillar Inc.
DRB Holding Co. Ltd.
Hitachi Construction Machinery Co. Ltd. (Hitachi Ltd.)
Komatsu Ltd.
RENOMAG spol. s r.o.
thyssenKrupp AG, VTS Track Solutions, etc.

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Safari Tourism Market 2023 | Industry Size, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Safari Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global safari tourism market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the safari tourism market?

Report Attributes	Details
Market Size in 2022	US$ 31.82 Billion
Market Forecast in 2028	US$ 45.19 Billion
Growth rate (2023 to 2028)	CAGR of 5.85%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is safari tourism?

Safari tourism is a form of a business model that offers individuals the chance to experience adventurous expeditions into forests. It allows individuals to experience a rustic way of life by exploring the scenery and the wildlife through adventurous safari and private safari experiences. It also helps tourists to relax, spend quality time with their friends and family, and indulge in several thrilling activities. In addition, it offers the chance to observe several types of wild animals, including leopards, jaguars, elephants, lions, tigers, and rhinoceros. Moreover, safari tourism encourages sustainable development by creating jobs and restoring wildlife areas and sites while conserving natural habitats. As a result, it is gaining immense popularity for providing exotic and nature-based experiences through direct booking, marketplace booking, and agents and affiliates accounts.

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What are the growth prospects and trends in the safari tourism industry?

The market is primarily driven by the rising interest in safari travel among influencers and bloggers on social networking sites with a larger follower base. They share posts related to travel advice and content about exploring unique destinations on social platforms such as Facebook, Instagram, Twitter, and Snapchat. Additionally, the growing popularity of tours and travel activities, the significant expansion of the travel sector due to social media, and the rising disposable income are contributing to the market growth. In line with this, the availability of customizable itineraries and the rising preference for distinctive and exotic holiday experiences are influencing the market growth. Moreover, several governments are taking the initiative to expand the travel and tourism industry while focusing on preserving natural forests to attract more international tourists and securing the safety of tourists through stringent safety protocols, well-trained guides, and effective wildlife management strategies, representing another major growth-inducing factor. Besides this, the implementation of effective marketing strategies to promote safari tourism is accelerating market growth. Apart from this, the safari tourism market is growing at different rates in numerous regions, with North America being the largest market due to increasing inclination toward exotic and nature-based experiences among individuals, rising availably of family-friendly accommodations, and specialized guides, growing awareness regarding mindful traveling, and increasing preferences of travelers to spend peaceful time amidst nature away from the noise and crowds in cities. Moreover, the industry is expected to face competition in the upcoming years as numerous key players are implementing competitive strategies to sustain their presence in the market. For instance, in April 2023, wilderness introduced a wilderness Mokete tented camp in the Mababe Concession of Botswana consisting of 124,000 acres situated between the Okavango Delta and Chobe National Park, that provides opportunities for observing wildlife, such as buffalos, lions, elephants, and hyenas.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

Adventure Safari
Private Safari
Others

Breakup by Group:

Friends
Families
Couples
Solos

Breakup by Booking:

Direct Booking
Agents and Affiliates Account
Marketplace Booking

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

&Beyond
Abercrombie & Kent USA LLC
Backroads
Gamewatchers Safaris Ltd.
Great Plains Conservation
Micato Safaris
Rothschild Safaris Ltd.
Scott Dunn Ltd. (Flight Centre Travel Group)
Thomas Cook Group Ltd.
Travcoa Tours & Safaris Limited
Wilderness Safari
Zicasso Inc.

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Recloser Market 2023 | Industry Size, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Recloser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global recloser market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the recloser market?

Report Attributes	Details
Market Size in 2022	US$ 1.61 Billion
Market Forecast in 2028	US$ 2.3 Billion
Growth rate (2023 to 2028)	CAGR of 5.50%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is recloser?

A recloser, also known as an auto recloser or automatic circuit recloser (ACR), is an electrical device utilized in electric distribution networks to prevent prolonged outages. It establishes an electrical circuit remotely, manually, or automatically and functions as a high-voltage automatic electric switch that identifies and interrupts power in the event of a fault. In addition, it restores power if the issue is resolved within the reclaim time by completing its auto recloser cycle and closing the circuit breaker. It also enhances the reliability of the system by isolating faulty parts, possesses the capability to automatically restore power to the line after a trip, and serves as a power equipment that interrupts circuits upon detecting faults or abnormalities, effectively averting short circuits, saving costs and minimizes inconveniences caused by frequent power outages. Consequently, reclosers find extensive applications in various industries, shopping malls, and offices to ensure safety and prevent accidents.

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What are the growth prospects and trends in the recloser industry?

The market is primarily driven by the escalating demand for dependable power distribution devices. In addition, rapid urbanization, the rising population, and the growing application of renewable sources of energy are contributing to the market growth. In line with this, the continuous power consumption led to the widespread adoption of recloser systems for safety purposes, thus influencing the market growth. Moreover, several technological advancements in grid enhancement projects and the introduction of smart grids and distribution automation systems represent another major growth-inducing factor. Besides this, the integration of renewable energy sources such as wind and solar power into the power grid is accelerating the market growth. Along with this, favorable government initiatives, subsidies, incentives for grid modernization initiatives, stringent energy efficiency policies, and the increasing focus on grid resilience and reliability due to increasing natural disasters and extreme weather events are propelling the market growth. Apart from this, the recloser market is growing at different rates in numerous regions, with Asia Pacific being the largest market due to the growing demand for reliable power distribution, the widespread adoption of several renewable energy sources, and extensive investment in grid modernization by public and private sectors across the region. Moreover, the industry is expected to face competition in the upcoming years as numerous key players are implementing competitive strategies to sustain their presence in the market. For instance, in July 2021, CPS Energy introduced a 4-year Accelerated Recloser Deployment Program aimed to install 144 recloser devices across San Antonio, Texas, to sectionalize circuits, allowing better control and focus, and test faults in grids, ultimately enhancing the reliability and resilience of the power system.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Single Phase Recloser
Three Phase Recloser
Triple Single Recloser

Control Insights:

Electronic
Hydraulic
Micro-Processor

Insulation Insights:

Oil-Insulated Recloser
Gas-Insulated Recloser
Epoxy-Insulated Recloser

Voltage Rating Insights:

Upto 15 Kv
16-27 Kv
28-38 Kv

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

ABB Ltd.
Eaton Corporation plc
ENTEC Electric & Electronic CO. LTD.
G&W Electric Company
Hubbell Incorporated
Hughes Power System
ILJIN ELECTRIC
Noja Power Switchgear Pty Ltd.
S&C Electric Company
Schneider Electric SE
Siemens AG
Tavrida Electric, etc.

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Dentures Market 2023 | Industry Share, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Dentures Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global dentures market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the dentures market?

Report Attributes	Details
Market Size in 2022	US$ 1.63 Billion
Market Forecast in 2028	US$ 2.47 Billion
Growth rate (2023 to 2028)	CAGR of 7.1%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is dentures?

Dentures, also known as artificial teeth, are prosthetic instruments used to substitute lost teeth, reinstating oral functionality. They provide an efficient and well-liked solution for those who have lost their natural teeth due to various factors such as decay, gum disease, or trauma. They are tailored as per the needs of individuals to match the unique shape and structure of the patient’s mouth, offering a snug and aesthetically pleasing alternative for missing teeth. They primarily come in two forms such as complete and partial dentures. Complete dentures come into play when all natural teeth are absent, whereas partial dentures are applicable when some natural teeth persist. Conventional implants are customized after the extraction of teeth and complete recovery of gums. In comparison, an immediate denture is installed as soon as the teeth are taken out to perform rudimentary dental functions and is later substituted with customary prosthetic teeth after a specified period. They are made from pink acrylic that mimics gum tissue, with the teeth constructed from plastic or porcelain. They require regular upkeep and cleaning to eliminate plaque, food remnants, and stains to ensure their durability and functionality. At present, dentures are gaining immense traction across the globe due to the growing number of periodontal diseases and edentulism.

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What are the growth prospects and trends in the dentures industry?

The global dentures market is primarily driven by the expanding geriatric population, as aged individuals are more prone to tooth loss owing to decay, gum disease, and general wear and tear. Moreover, the rising awareness about oral health among individuals has escalated the demand for dentures. Along with this, people recognize the significance of maintaining optimal oral health, including regular dental appointments and adherence to appropriate oral hygiene routines. In line with this, the shifting inclination toward dental interventions, such as dentures, to address tooth loss and recuperate their oral functionality is propelling the market growth. Apart from this, the increasing incidence of dental disorders, like tooth decay and periodontal disease, leads to tooth loss, thereby accelerating the product adoption rate. Furthermore, advancements in dental technology, such as the evolution of contemporary dentures that are designed to be more comfortable, resilient, and aesthetically appealing compared to their predecessors, are contributing to market growth. Additionally, key players are using innovative materials, including premium-quality acrylics and flexible resins, to fabricate dentures that closely mimic natural teeth, thereby propelling the market growth. Besides this, numerous digital dentistry technologies, such as computer-aided design and computer-aided manufacturing (CAD/CAM), that facilitate more accurate and efficient production of dentures, resulting in better-fitting prosthetics, have catalyzed market growth. Other factors, including the emerging trend in cosmetic dentistry, rising adoption of digital dentures, and rapid technological advancements, are also anticipated to drive the market toward growth in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

Complete
Partial

Usage Insights:

Removable
Fixed

End User Insights:

Dental Clinics and Hospitals
Dental Laboratories

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

AvaDent Digital Dental Solutions
Dentsply Sirona Inc.
Ivoclar Vivadent AG
Kulzer GmbH (Mitsui Chemicals Inc.)
Modern Dental Group Limited
Renishaw Plc
Shandong Huge Dental Material Corporation
Shofu Inc.
VITA Zahnfabrik H. Rauter GmbH & Co. KG
VOCO GmbH, etc.

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Brown Sugar Market 2023 | Industry Growth, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Brown Sugar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global brown sugar market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the brown sugar market?

Report Attributes	Details
Market Size in 2022	US$ 18.5 Billion
Market Forecast in 2028	US$ 32.1 Billion
Growth rate (2023 to 2028)	CAGR of 9.3%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is brown sugar?

Brown sugar refers to a sweetener utilized in culinary applications, derived by incorporating molasses, a residue from sugar refining, into white sugar. The molasses infusion imparts the characteristic brown hue and slightly adhesive consistency to brown sugar. The depth of color and intensity of flavor in brown sugar depend on the quantity of molasses added. With its delightful caramel-like taste, brown sugar is commonly employed in dessert recipes, sauces, glazes, and marinades. Compared to white sugar, brown sugar possesses higher moisture content, resulting in a softer and more clumpy texture that can influence the outcome of baked goods. Consequently, it is in widespread use across the globe.

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What are the growth prospects and trends in the brown sugar industry?

The brown sugar market is primarily driven by the increasing consumer preference for natural and unrefined sweeteners as a healthier alternative to artificial options. Moreover, the elevating awareness about the multiple benefits of brown sugar, such as minimal processing and improved retention of natural minerals and nutrients through the presence of molasses, is acting as another significant growth-inducing factor. Besides this, the emerging trend of home baking and cooking that has heightened the demand for specialty ingredients that impart a unique flavor and texture to culinary creations is also positively influencing the global market. Additionally, the growing health-consciousness among consumers that has contributed to the popularity of brown sugar, owing to its perceived advantages over white sugar and its slightly higher mineral content, is further stimulating the market growth. Apart from this, the expanding influence of global cuisines and their associated recipes, particularly in ethnic dishes that rely on the distinct flavor and color provided by brown sugar, is expected to propel the market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:

Light Brown
Dark Brown

Breakup by Form:

Powder
Granules
Others

Breakup by Distribution Channel:

Hypermarkets and Supermarkets
Convenience Stores
Specialty Retailers
Online Retailer
Others

Breakup by Application:

Bakery and Confectionery
Beverages
Dairy
Others

Breakup by Region:

North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

American Crystal Sugar Company
American Sugar Refining Inc.
Cargill Incorporated
Imperial Sugar Company
Mehrotra Consumer Products Pvt. Ltd.
Nordzucker AG
Sudzucker AG
Sunshine Sugar
Taikoo Sugar Limited (Swire Pacific Limited)
Wholesome Sweeteners Inc. (Whole Earth Brands)

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