Material Testing Market Size, Share & Industry Analysis Report 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “Material Testing Market Report by Type (Universal Testing Machines, Servohydraulic Testing Machines, Hardness Testing Machines, Impact Testing Machines, Non-Destructive Testing Machines), Material (Metals and Alloys, Plastics, Rubber and Elastomers, Ceramics and Composites, and Others), End Use Industry (Automotive, Construction, Education, Aerospace and Defense, Oil and Gas, Energy and Power, and Others), and Region 2024-2032.” The study provides a detailed analysis of the industry, including the global material testing market trends, share, size, 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 material testing market?

The global material testing market size reached US$ 6.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032.

What is material Testing?

Material testing is essential in various industries, including manufacturing, construction, and engineering. It involves evaluating materials’ physical and mechanical properties to ensure their quality, reliability, and suitability for specific applications. These tests provide valuable data that help in making informed decisions about materials selection and design. It typically includes examining strength, hardness, durability, density, and thermal and electrical properties. It measures a material ability to withstand loads or forces without deformation or failure. Some common strength tests include tensile, compressive, and shear tests. It determines a material’s resistance to indentation or abrasion, which can be important for assessing wear resistance. It is evaluated by subjecting it to various environmental conditions, such as temperature, humidity, and corrosive substances, to see how it performs over time. It analyses the chemical composition of a material to ensure it meets specific standards and requirements.

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What are the growth prospects and trends in the material testing industry?

The material testing market is primarily driven by ensuring the quality of materials used in manufacturing processes. Material testing helps companies identify flaws, defects, and inconsistencies in raw materials, leading to higher-quality end products and increased customer satisfaction. In addition, the constant development of new materials, especially in industries including electronics and healthcare, requires rigorous testing to evaluate their suitability for specific applications, which fosters a need for specialized material testing solutions, thus influencing market growth.

Moreover, the growing environmental awareness is escalating the demand for eco-friendly and sustainable materials, representing another major growth-inducing factor. Besides this, material testing helps identify materials that meet these criteria, aligning with the global push for sustainability and accelerating market growth. Along with this, advances in testing technologies, such as non-destructive testing (NDT) methods and automation, made material testing more efficient and accurate, which increased its appeal across industries, propelling the market growth. Furthermore, the extensive use of material testing in research and development (R&D) efforts to create new products with enhanced properties while companies invest in testing to optimize materials for specific applications, from lighter and stronger alloys to advanced polymers, is making a positive market outlook.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

  • Universal Testing Machines
  • Servohydraulic Testing Machines
  • Hardness Testing Machines
  • Impact Testing Machines
  • Non-Destructive Testing Machines

Breakup by Material:

  • Metals and Alloys
  • Plastics
  • Rubber and Elastomers
  • Ceramics and Composites
  • Others

Breakup by End Use Industry:

  • Automotive
  • Construction
  • Education
  • Aerospace and Defense
  • Oil and Gas
  • Energy and Power
  • Others

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Admet Inc.
  • Ametek Inc.
  • Applied Test Systems LLC
  • Illinois Tool Works Inc.
  • Labquip
  • Mistras Group Inc.
  • Mitutoyo Corporation
  • MTS Systems Corporation
  • Shimadzu Corporation
  • Tinius Olsen Ltd.
  • Wirsam Scientific
  • ZwickRoell AG.

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

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 Group’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.

Contact US

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Email: sales@imarcgroup.com

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Food Logistics Market Size, Share, Trends, Outlook 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “Food Logistics Market Report by Transportation Mode (Railways, Roadways, Seaways, Airways), Product Type (Fish, Shellfish, and Meat, Vegetables, Fruits, and Nuts, Cereals, Bakery and Dairy Products, Coffee, Tea, and Vegetable Oil, and Others), Service Type (Cold Chain, Non-Cold Chain), Segment (Transportation, Packaging, Instrumentation), and Region 2024-2032.” The study provides a detailed analysis of the industry, including the global food logistics 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 food logistics market?

The global food logistics market size reached US$ 114.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 211.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032.

 What is food logistics?

Food logistics refers to the intricate process of planning, implementing, and managing the efficient flow of food products from their point of origin to the final consumer. This encompasses a range of activities, including procurement, transportation, storage, and distribution. Food logistics plays a pivotal role in ensuring that perishable goods such as fresh produce, dairy products, and meat reach their intended destinations promptly while maintaining their quality and safety. Efficient food logistics require a well-coordinated network of suppliers, distributors, warehouses, and transportation providers. The goal is to minimize delays, reduce waste, and optimize the use of resources throughout the supply chain. This involves careful consideration of factors such as temperature control, packaging, and regulatory compliance to safeguard the integrity of the products.

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What are the growth prospects and trends in the food logistics industry?

The changing consumer preferences are driving the demand for diverse and perishable food products from around the world. Consumers are seeking a wider range of fresh, organic, and exotic foods, necessitating complex and efficient logistics solutions to ensure timely delivery while maintaining product quality. Additionally, the globalization of food trade is a significant driver. With food sourced from various regions, the need for seamless cross-border transportation and compliance with international regulations becomes paramount. This requires sophisticated logistics networks capable of navigating intricate customs procedures and trade agreements. Moreover, advancements in technology are revolutionizing the food logistics landscape. Innovations such as temperature-controlled transportation, real-time tracking, and data analytics are enhancing visibility, traceability, and overall supply chain efficiency. These technologies not only streamline operations but also ensure that products adhere to strict quality and safety standards.

What is included in market segmentation?

The report has segmented the market into the following categories:

Transportation Mode Insights:

  • Railways
  • Roadways
  • Seaways
  • Airways

Product Type Insights:

  • Fish, Shellfish, and Meat
  • Vegetables, Fruits, and Nuts
  • Cereals, Bakery and Dairy Products
  • Coffee, Tea, and Vegetable Oil
  • Others

Service Type Insights:

  • Cold Chain
  • Non-Cold Chain

Segment Insights:

  • Transportation
  • Packaging
  • Instrumentation

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • AmeriCold Logistics LLC
  • Deutsche Bahn (DB) Schenker AG
  • H. Robinson Worldwide, Inc.
  • Schneider National
  • CaseStack
  • N. Deringer, Inc.
  • Echo Global Logistics, Inc.
  • Evans Distribution Systems, Inc.
  • Hellmann Worldwide Logistics SE & Co. KG
  • Matson Logistics
  • Odyssey Logistics
  • Technology Corporation

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

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 Group’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.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

Nigeria Mobile Money Market 2023-28 | Size, Share, Trends Report

IMARC Group, a leading market research company, has recently released report titled “Nigeria Mobile Money Market Report by Technology (USSD, Mobile Wallets, and Others), Nature of Payment (Person to Person, Person to Business, Business to Person, Business to Business), Business Model (Bank Led Model, Non Bank Led Model), Transaction Type (Peer to Peer, Bill Payments and Airtime Top-ups, Travel Booking, and Others) 2023-2028.”  The study provides a detailed analysis of the industry, including the Nigeria mobile money 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 Nigeria mobile money market?

The Nigeria mobile money market  is expected to exhibit a CAGR of 29.3%  during 2023-2028.

What is mobile money?

Mobile money refers to a digital service that enables financial transactions through mobile devices such as smartphones and tablets. It allows individuals to send and receive money, purchase goods and services, pay bills, and access other financial services including loans and savings accounts. It also offers various features such as airtime payments, bank transfers, bill payments, account information, and customer support. Mobile money utilizes several technologies such as digital wallets, near-field communication (NFC), and unstructured supplementary service data (USSD) to provide secure and convenient payment options. It is easy and fast, minimizes expenses, enhances cash flow, increases customer convenience, simplifies bookkeeping, and provides better payment security. Owing to these benefits mobile money is gaining immense popularity across Nigeria.

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What are the growth prospects and trends in the Nigeria mobile money industry?

The Nigeria mobile money industry showcases promising growth prospects and evolving trends. Firstly, Nigeria’s large unbanked population presents significant opportunities for mobile money adoption and expansion. The government’s initiatives to drive financial inclusion and regulatory reforms supporting mobile money services have contributed to its growth. Secondly, the rapid penetration of smartphones and mobile internet access has enhanced the accessibility and convenience of mobile money services.

Thirdly, collaborations between mobile network operators, financial institutions, and fintech companies are fostering innovation and expanding the range of mobile money offerings. Additionally, the COVID-19 pandemic has accelerated the adoption of digital payments, including mobile money, as consumers increasingly prioritize contactless transactions. Lastly, the integration of mobile money with other services such as e-commerce, utility payments, and remittances is expected to further propel the industry’s growth in Nigeria.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Technology:

  • USSD
  • Mobile Wallets
  • Others

Breakup by Nature of Payment:

  • Person to Person
  • Person to Business
  • Business to Person
  • Business to Business

Breakup by Business Model:

  • Bank Led Model
  • Non Bank Led Model

Breakup by Transaction Type:

  • Peer to peer
    • Domestic Remittance
      • Intra City P2P
      • Inter State P2P
    • International Remittance
      • Outbound Remittance
      • Inbound Remittance
    • Bill Payments and Airtime Top-ups
      • Credit Card Payment
      • Fuel Bills
      • Healthcare and Wellness Bills
      • Rental Payment
      • Mobile and DTH Recharge
      • Others
    • Travel Booking
      • Offline Travel Booking
      • Online Travel Bookings
        • Online Flight Bookings
        • Online Bus and Train Bookings
        • Online Hotel Bookings
        • Others
      • Others

What is included in market segmentation?

The report has segmented the market into the following categories:

  • Cellulant Nigeria Limited
  • Ecobank Nigeria Limited (Ecobank Transnational Incorporated)
  • Funds and Electronic Transfer Solutions Ltd
  • Fortis Mobile Money Limited
  • Guaranty Trust Bank Plc
  • Pagatech Limited
  • Pocket Moni
  • ReadyCash
  • Teasy International Company Limited
  • VTNetwork Limited

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

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 Group’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.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

E-commerce in Central Asia: Current Trends, Growth and Forecast 2023-2028

IMARC Group, a leading market research company, has recently released report titled “ Central Asia E-Commerce Market Report by Product Type (Home Appliances and Electronics, Clothing and Footwear, Beauty and Personal Care, Groceries, Books, and Others), Transaction ( Business-to-Business, Business-to-Consumer, Consumer-to-Consumer, and Others), Payment Mode (Cash Payment, Bank Transfer, Card Payment, Digital Wallet, and Others), and Region 2023-2028.The study provides a detailed analysis of the industry, including the Central Asia E-commerce 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 Central Asia E-commerce market?

The Central Asia E-commerce market size reached US$ 8.0 Billion in 2022.  Looking forward, IMARC Group expects the market to reach US$ 66.8 Billion by 2028, exhibiting a growth rate (CAGR) of 39.11% during 2023-2028.

What is an E-commerce?

Electronic-commerce (E-commerce) refers to the activity of electronically buying and selling products over the internet. It includes numerous business models, such as business-to-business (B2B), business-to-customer (B2C), customer-to-business (C2B), and customer-to-customer (C2C). It is less expensive to maintain as it eliminates the rent, utilities, and staffing costs as compared to physical retail locations. It also allows customers to shop from anywhere without physically visiting a store and provides businesses with a larger consumer base. It offers live chat support and other tools to help customers with their purchases and facilitate a more convenient and efficient customer service experience.

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What are the growth prospects and trends in the Central Asia E-commerce industry?

The rising internet connectivity and increasing penetration of smart devices represent one of the key factors positively influencing the market in central Asia. Besides this, the growing adoption of e-commerce platforms by numerous business organizations for minimizing overhead operational costs, improving business efficiency, and expanding consumer base is fueling the growth of the market. Additionally, the rising consumer inclination towards online retail stores for hassle-free shopping experience is strengthening the growth of the market. Apart from this, the integration of e-commerce platforms with various advanced technologies, such as artificial intelligence (AI), machine learning (ML), and cloud computing, is creating a favorable market outlook. Furthermore, the increasing usage of app-based commercial platforms is stimulating the growth of the market in central Asia.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:

  • Home Appliances and Electronics
  • Clothing and Footwear
  • Beauty and Personal Care
  • Groceries
  • Books
  • Others

Breakup by Transaction:

  • Business-to-Business
  • Business-to-Consumer
  • Consumer-to-Consumer
  • Others

Breakup by Payment Mode:

  • Cash Payment
  • Bank Transfer
  • Card Payment
  • Digital Wallet
  • Others

Breakup by Country:

  • Kazakhstan
  • Uzbekistan
  • Kyrgyzstan
  • Tajikistan
  • Turkmenistan

Who are the key players operating in the industry?

The report covers the major market players including:

  • Air Astana JSC
  • AliExpress (Alibaba Group)
  • Amazon.com Inc.
  • Arba.uz
  • ChocoFamily Holding
  • eBay Inc.
  • eSavdo
  • Kaspi Magazin (Kaspi.kz, AO)
  • Kolesa.kz
  • Lamoda.kz
  • OLX Group (Naspers(Prosus))
  • Sulpak
  • Svetofor
  • Technodom.kz
  • Wildberries

Note:  If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

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 Group’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.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

Dairy Whitener Market in India Size, Trends | Forecast Report 2023-2028

IMARC Group, a leading market research company, has recently released report titled “ Indian Dairy Whitener Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2023-2028. ” The study provides a detailed analysis of the industry, including the Indian Dairy Whitener 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 Indian Dairy Whitener market?

The Indian Dairy Whitener Market size reached INR 54.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 101.7 Billion by 2028, exhibiting a growth rate (CAGR) of 10.7% during 2023-2028.

Dairy Whitener Market in India Definition and Application:

Dairy whiteners are widely used as a substitute for milk or cream, largely in tea and coffee. They are convenient to use, easily portable and have an extended shelf-life, due to which they are extensively replacing regular milk. They are also available in ready-to-consume formats with varied fat and sugar content that offers ease of handling to the users.Commonly available as whole milk powder (WMP) and skim milk powder (SMP), these whiteners enhance the overall taste by enhancing the body, flavor and mouthfeel of the beverages. Apart from this, they are increasingly used in the preparation of multiple foods, including soups, sauces and puddings.

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Dairy Whitener Market in India Trends and Drivers:

The market in India is majorly driven by the increasing consumption of tea and coffee across the country. Since dairy whiteners offer multiple benefits, including portability, convenience, and longer shelf-life, they are widely preferred over fresh milk. This is supported by rapid urbanization, inflating disposable income levels of the masses and the shifting dietary preferences of the masses. Furthermore, numerous key players in the market are now introducing fortified product variants in the market with improved nutrition content. On account of the growing health consciousness among the masses, this is creating a positive outlook for the market. In line with this, multiple companies are also launching new flavors of dairy whiteners in the market, which is gaining widespread prominence across the country. Whiteners with chocolate, lemon and cardamom flavors are catering to the diverse preferences of the masses, thereby acting as a major growth-inducing factor. Some of the other factors contributing to the market growth include the easy product availability through online and offline organized retail channels, the rising preference for consuming instant beverages and significant growth in the hospitality and food and beverages sectors.

Indian Dairy Whitener Market Segmentation:

The report has segmented on the basis of major states:

  • Maharashtra
  • Uttar Pradesh
  • Andhra Pradesh
  • Tamil Nadu
  • Gujarat
  • Rajasthan
  • Karnataka
  • Madhya Pradesh
  • West Bengal
  • Bihar
  • Delhi
  • Kerala
  • Punjab
  • Orissa
  • Haryana

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
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Global Drug Device Combination Products Market Size, Share Report 2023-28

IMARC Group, a leading market research company, has recently releases report titled “Drug Device Combination Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″. The study provides a detailed analysis of the industry, including the global drug-device combination products 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 drug-device combination products market?

The global drug-device combination products market size reached US$ 143.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 230.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7.6% during 2023-2028.

What are drug-device combination products?

Drug device combination products include medical devices and pharmaceutical ingredients that help deliver the drug to a preferred location in the patients body. They comprise drug-eluting stents, infusion pumps, inhalers, transdermal delivery systems, and prefilled syringes. They have minimal side effects and offer advantages like controlled drug administration and improved patient compliance.

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What are the growth prospects and trends in the drug-device combination products industry?

The growing prevalence of chronic diseases, such as asthma, cancer, diabetes, and cardiovascular disorders, represents one of the key factors driving the market. Moreover, rising preferences for smart and precision drug delivery systems, which minimize the amount of drug required for therapeutic efficacy, are driving the demand for drug device combination products across the globe. Besides this, several market players are introducing advanced technologies for tracking and monitoring different products. They are also expending on extensive research and development (RD) activities to develop next-generation products with high viscosity and formulations. Furthermore, the growing popularity of minimally invasive surgery (MIS) and portable devices like nebulizers and inhalers are other growth-inducing factors positively influencing the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product:

  • Drug Eluting Stents
  • Transdermal Patches
  • Infusion Pumps
  • Drug Eluting Balloon
  • Inhalers
  • Others

Breakup by Application:

  • Cardiovascular
  • Diabetes
  • Cancer Treatment
  • Respiratory Diseases
  • Others

Breakup by End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

Breakup by Region:

  • North America (U.S. Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Abbott Laboratories
  • Baxter International Inc.
  • Bayer AG
  • Becton Dickinson and Company
  • Boston Scientific Corporation
  • GlaxoSmithKline plc
  • Johnson Johnson
  • Medtronic plc
  • Novartis AG
  • Smith Nephew plc
  • Stryker Corporation
  • Terumo Corporation

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

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 Groups 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 companys expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email:sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

In-app Advertising Market Size, Share |Growth Report 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “In-app Advertising Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global in-app advertising 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 in-app advertising market?

The global in-app advertising market size reached US$ 163.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 728.7 Billion by 2032, exhibiting a growth rate (CAGR) of 17.5% during 2024-2032.

What is in-app advertising?

In-app advertising refers to the practice of displaying advertisements within mobile applications or software programs. It provides a means for advertisers to engage with users directly within the app environment, allowing for a more immersive and interactive advertising experience. It also offers various formats, including banner ads, interstitial ads, native ads, and video ads. One of the primary advantages of in-app advertising is its ability to target specific demographics and user behaviors. App developers and advertisers can leverage data such as user preferences, location, and app usage patterns to deliver personalized and relevant advertisements.

This targeted approach increases the likelihood of capturing users’ attention and generating higher conversion rates. Moreover, in-app advertising provides a significant revenue stream for app developers. By integrating advertisements into their applications, developers can generate income through ad impressions, clicks, or conversions. This revenue can help offset the costs of app development and maintenance or even serve as a primary source of income for free or freemium apps.

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What are the growth prospects and trends in the in-app advertising industry?

One of the key factors driving the growth of the in-app advertising market is the rising number of smartphone and tablet users worldwide. Moreover, the increasing reliance on mobile apps has escalated the demand for app advertising. As more users spend time on mobile apps for various activities, including social media, entertainment, e-commerce, and productivity, advertisers seek to reach these audiences through targeted app advertising campaigns. Additionally, advertisers are exploring creative ways to capture users’ attention and deliver engaging experiences. Moreover, interactive video ads, playable ads, augmented reality (AR) ads, and immersive ad experiences are becoming more prevalent, providing a higher level of interactivity and user involvement. Besides this, the rise of programmatic advertising is also propelling market growth. Apart from this, it allows for better campaign performance, cost-effectiveness, and improved return on investment (ROI) for advertisers.

Furthermore, app advertising provides a key revenue stream for app developers. By integrating ads into their apps, developers can generate income and monetize their user base. App developers can choose from various ad formats, including display ads, in-app video ads, native ads, and rewarded ads, allowing them to optimize their monetization strategies, which is also contributing to market growth. In line with this, the rise of in-app purchases and freemium models is augmenting the market growth. Besides this, the market is growing at different rates in numerous regions with North America being one of the largest markets. This can be attributed to the high smartphone penetration, a large number of app users, and a thriving mobile app industry.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Advertising Type:

  • Banner Ads
  • Interstitial Ads
  • Rich Media Ads
  • Video Ads
  • Others

Breakup by Platform:

  • Android
  • iOS
  • Others

Breakup by Application:

  • Messaging
  • Entertainment
  • Gaming
  • Online Shopping
  • Payment and Ticketing
  • Others

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Amobee Inc. (Singapore Telecommunications Limited),
  • Apple Inc.
  • BYYD Inc.
  • Chartboost Inc
  • Facebook Inc
  • Flurry Inc. (Verizon Media)
  • Google AdMob (Google Inc.)
  • InMobi (InMobi Pte Ltd.)
  • MoPub Inc. (Twitter)
  • One by AOL (AOL)
  • Tapjoy Inc.
  • Tune Inc.

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

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 Group’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.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

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Kosher Food Market Size, Share, Trends | Forecast Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Kosher Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global kosher food 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 kosher food market?

The global kosher food market size reached US$ 20.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.8 Billion by 2028, exhibiting a growth rate (CAGR) of 3.69% during 2023-2028.

What is kosher food?

Kosher food refers to food products and dietary practices that adhere to the dietary laws of Kashrut, which are the Jewish dietary laws and regulations outlined in the Torah, the holy book of Judaism. These laws dictate what foods are permissible (kosher) and what foods are forbidden (non-kosher or treif) for Jewish consumption. Some key aspects of kosher food include separating meat and dairy products, the ritual slaughter of animals (shechita) by a trained Jewish butcher, and strict rules regarding food preparation and ingredients. Kosher certification ensures that a food product complies with these dietary laws and is suitable for consumption by observant Jews. While originally a religious practice, kosher certification is also sought by many consumers who associate it with quality and purity in food products. At present, kosher food is gaining immense traction across the globe among consumers seeking dietary transparency, quality assurance, and adherence to specific religious or cultural dietary requirements.

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What are the growth prospects and trends in the kosher food industry?

The global kosher food market is primarily driven by the escalating demand for kosher-certified products beyond Jewish communities due to the increasing awareness of dietary choices, food safety, and religious preferences, as consumers perceive kosher certification as a mark of quality and safety. Moreover, the rising accessibility of kosher products owing to rapid globalization and expanding international trade is another major growth-inducing factor. Additionally, the growing number of health-conscious consumers seeking transparency in food ingredients has accelerated the adoption of kosher foods due to their stringent manufacturing standards. Furthermore, rising efforts of kosher food manufacturers in innovating and expanding their product offerings to cater to diverse tastes and dietary requirements are contributing to market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

  • Buckwheat
  • Seafood
  • Lamb
  • Pulses
  • Others

Breakup by Application:

  • Culinary Products
  • Snacks and Savory
  • Bakery and Confectionery Products
  • Meat
  • Beverages
  • Dietary Supplements

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Grocery Stores
  • Online Stores

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Blommer Chocolate Company (Fuji Oil Co. Ltd)
  • Bob’s Red Mill Natural Foods
  • Cargill Incorporated
  • Conagra Brands Inc.
  • Dairy Farmers of America Inc.
  • Empire Kosher Poultry LLC (The Hain Celestial Group Inc.)
  • General Mills Inc.
  • Kellogg’s Company
  • Nestlé S.A.
  • PepsiCo Inc
  • The Kraft Heinz Company

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

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 Group’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.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

Archery Equipment Market Size, Share, Trends |Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Archery Equipment Market Report by Product (Bows and Bow Accessories, Arrows, and Others), End User (Individual Consumer, Clubs and Gaming Zones, Sports Organizers), Distribution Channel (Speciality and Sports Shops, Departmental and Discount), and Region 2023-2028” The study provides a detailed analysis of the industry, including the archery equipment market trends, share, size 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 archery equipment market?

The global archery equipment market size reached US$ 3.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.

Request for a sample copy of this report: https://www.imarcgroup.com/archery-equipment-market/requestsample

What is archery equipment?

Archery is a game that involves shooting arrows with a bow at an aimed target from a specific distance. It assists in improving focus, increasing confidence, enhancing coordination and upper body strength, and relieving stress among individuals. It also aids in increasing patience, improving hand-eye coordination, and enhancing social skills. Besides this, it helps archers overcome post-traumatic stress disorder and provide mental relief. As a result, there is a rise in the demand for various archery equipment, such as a bow, arrows, arm guard, quiver, bow stand, finger tab, release aid, finger sling, bow stringer, and target, across the globe.

What are the growth prospects and trends in the archery equipment industry?

At present, the increasing adoption of archery among children as it builds self-confidence and improves mental and physical capabilities represents one of the primary factors propelling the market growth. Besides this, the growing awareness about archery as a sport is offering a positive market outlook. Apart from this, the increasing demand for archery equipment due to the rising number of sports clubs and gaming zones around the world is offering lucrative growth opportunities to industry investors and key players. Moreover, the rising adoption of archery among individuals, as it boosts energy levels, increases blood flow, and relieves arthritis pain, is contributing to the growth of the market. Furthermore, governing agencies of various countries are encouraging the adoption of archery as a professional sport, which is strengthening the market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product:

  • Bows and Bow Accessories
  • Arrows
  • Others

Breakup by End User:

  • Individual Consumer
  • Clubs and Gaming Zones
  • Sports Organizers

Breakup by Distribution Channel:

  • Speciality and Sports Shops
  • Departmental and Discount Stores
  • Online Stores
  • Others

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Bear Archery, Inc.
  • Crossman Corporation
  • Easton Technical Products, Inc.
  • Gold Tip LLC
  • Mathews Archery, Inc.
  • New Archery Products, Inc.
  • Precision Shooting Equipment, Inc.
  • The Outdoor Group LLC
  • The Bohning Company

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

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 Group’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.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

China Electric Vehicle Battery Market Size, Share, Trends | Growth Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “China Electric Vehicle Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the China electric vehicle battery 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 China electric vehicle battery market?

The China electric vehicle battery market is expected to exhibit a growth rate (CAGR) of 25.1% during 2023-2028.

What is an electric vehicle battery?

An electric vehicle battery is a secondary rechargeable power source used in electric vehicles (EVs). The vehicle is operated by the chemical energy stored in the rechargeable battery packs and does not require a combustion engine for propulsion. EV batteries are also known as traction batteries as they provide the motive power for the vehicle. They are connected to an electric motor to drive the wheels, which instantly feeds power to the motor when the accelerator pedal is pressed. Besides this, EV batteries are an eco-friendly alternative to fuel such as petrol and diesel and offer low maintenance costs, a high power-to-weight ratio, zero carbon emissions, noise-free travel experience.

Request for a sample copy of this report: https://www.imarcgroup.com/china-electric-vehicle-battery-market/requestsample

What are the growth prospects and trends in the China electric vehicle battery industry?

The market is primarily driven by the increasing demand for electric vehicles due to the rising levels of vehicular emissions across the country. Besides this, the improvement in battery technology and the launch of new plug-in EV models are propelling the market growth. In addition, with the growing environmental concerns, the Government of China is taking initiatives to encourage the use of electric vehicles. These vehicles offer various advantages, including tax exemption and rebates, subsidies, reduction in parking and toll fees, as well as free charging. Moreover, the adoption of lithium-ion batteries to power plug-in hybrid electric vehicles is also escalating the market growth across the country. Furthermore, the increasing investments in upgrading public charging infrastructure and the continuous replacement of conventional fuel-based public transport fleets are creating a positive outlook for the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Battery Type:

  • Lead Acid Battery
  • Lithium-Ion Battery
  • Others

Breakup by Vehicle Type:

  • Battery Electric Vehicles (BEV)
  • Plug-in Hybrid Electric Vehicles (PHEV)
  • Hybrid Electric Vehicles (HEV)

Breakup by Battery Capacity:

  • <30 kWh
  • 30-60 kWh
  • >60 kWh

Who are the key players operating in the industry?

The report covers the major market players including:

  • BMZ Group
  • BYD Company Limited
  • Contemporary Amperex Technology Co.
  • Limited (CATL)
  • GS Yuasa International Limited
  • Lishen Battery
  • Microvast
  • OptimumNano Energy Co. Limited
  • Panasonic Corporation
  • Samsung SDI Co. Limited
  • Showa Denko Materials Co. Limited.

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

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 Group’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.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal