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Showing posts from August, 2022

Meat Substitutes Market - Forecast (2022 - 2027)

Meat Substitutes Market size is projected to reach $2,651 million by 2026, growing at a CAGR of 5.1% over 2021-2026. Meat substitutes are meat analogues or meat alternatives, such as textured vegetable protein, Mycoprotein, Tofu Ingredients, and soy protein, which have a meat-like look and include nutrients present in meat. Frozen, refrigerated, and shelf-stable foods are examples of these options. Frozen meat substitutes are the most common use. When compared to meat products, meat alternatives are less likely to cause food illness or contamination. Livestock farming is typically viewed as a complicated enterprise including animal waste control and killing. Further, meat alternatives are becoming much more prevalent as a clean eating trend, with customers wanting to know and comprehend what they are consuming. Consumers across the world are looking for commodities with essential components originating from minimally processed foods, while producers are looking for ingredients that o...

Forklift Truck Market - Forecast (2022 - 2027)

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Forklift Trucks Market is forecast to reach $67.1 billion by 2025, at a CAGR of 6.7% during 2020-2025. Increased demand from the various industry verticals such as retail, ecommerce, automotive, consumer goods and many other industries for loading and unloading of components and delivery of components from manufacturing area to assembly line and positioning of loads are the major reason which is increasing the sales of the market. In 2018, according to the World Industrial Truck Statistics (WITS) in 2018, Orders of forklift trucks in Asia Pacific increased from 0.56 million in 2017 to 0.63 million in 2018, with a surge of 12.15%. Similarly, North America has seen rise in the sales of these trucks across various verticals. Such increase in sales will drive the market in the forecast period. Report Coverage The report: “Forklift Truck Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Forklift truck Market. Key Takeaways Asia-Pac...

Caps and Closures Market - Forecast (2022 - 2027)

Caps and Closures Market size is forecast to reach US$85.3 billion by 2027, after growing at a CAGR of 5.3% during 2022-2027. Caps and closures are plastic packaging on top of bottles, jars, tubes, cans, and so on. Caps and closures are of different types such as screw top, corks, metal crowns, Snap-On, friction fit, tamper-evident, and dispersing. Caps and closures find a broad range of applications in numerous industries such as beverages, cosmetics, and pharmaceuticals. The increasing bottled water and the packaging from the pharmaceutical industry are mainly driving the market growth during the forecast period. The material used to manufacture caps and closures must possess an excellent balance of stiffness and toughness along with good chemical resistance. Factors such as stringent regulations in the caps and closures industry with regards to the use of plastic caps and closures as well as growing demand for the substitute packaging options, such as blister packaging options are ...

Metal & Metal Manufactured Products Market - Forecast (2022 - 2027)

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Metal and Metal Manufactured Products Market size is forecast to reach $ 911.0 billion by 2025, after growing at a CAGR of 2.8% during 2020-2025. Metal is reusable and essential resources with high thermal & electrical conductivity, density, and possesses the ability to be deformed under pressure without splitting. Various metals are extracted via mining from their particular ores present in the earth's crust and are categorized into ferrous metals and nonferrous metals based on their iron composition. Metal fabrication is an important process that cuts, shapes, or molds metal material into a final product. The rise in demand for metal and metal manufactured products in various end-use industries is driving the metal and metal manufactured products during the forecast period. Report Coverage The report: “Metal and Metal Manufactured Products Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Metal and Metal Manufactured...

Digital Pathology Market - Forecast (2022 - 2027)

The Digital Pathology Market size was estimated at $685.43 billion in 2020, growing at a CAGR of 8.2% during the forecast period 2021-2026. Digital pathology encompasses the collecting, management, exchange, and interpretation of pathology data, including slides and data, in a digital setting. Scanning is used to capture digital pathology images, and robotic microscopy can be used to get whole slide imaging / virtual microscopy on an entire histological (microscopic) glass slide. When glass slides are scanned with a scanning instrument, a high-resolution digital image is produced that may be viewed on a computer screen or mobile device. The increasing adoption of digital pathology to improve lab efficiency, the rising prevalence of cancer, and the growing application of digital pathology in drug development and companion diagnostics, as well as the reduction of high costs associated with conventional diagnostics, are all contributing to the market's growth. However, in the approac...

5G Infrastructure Market - Forecast (2022 - 2027)

The 5G infrastructure Market size is forecast to reach $72.2 billion by 2027, growing at CAGR 62.6% from 2022 to 2027. The market growth is mainly driven by factors including growing demand for enhanced mobile broadband services along with virtual networking architecture in telecom industry, growing investment in development of 5G and machine-to-machine communication solutions. Apart from that, rising adoption of Internet of Things (IoT) , Mobile edge Computing and Fog Computing as well as growing requirement for better digital ecosystem will accelerate the growth of the 5G industry. In addition, demand for high-speed connections, greater reliability and access to real time information also contribute towards the market growth. In addition, 5G supports Software Defined Networking (SDN), Virtual Networking Architecture (NFV) as well as Distributed Network Function Virtualization (D-NFV), which is specifically designed to reduce the requirement of dedicated hardware. NFV also offers loc...

Salicylic Acid Market Forecast (2022-2027)

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Salicylic Acid Market size is forecast to reach $888.32 million by 2025, after growing at a CAGR of 6.5% during 2020-2025. The increasing use of salicylic acid and its by-products in the food and beverage industry and in skincare products is expected to turn into increased market demand to avoid spoilage and fermentation. Salicylic acid (from Latin salix, willow tree) is a lipophilic monohydroxybenzoic acid, a type of phenolic acid, and a beta hydroxy acid (BHA). This colorless crystalline organic acid is widely used in organic synthesis and functions as a plant hormone. Salicylic acid is administered in the form of aspirin which is less irritating to the stomach than salicylic acid. To prepare aspirin, salicylic acid is reacted with an excess of acetic anhydride. A small amount of a strong acid is used as a catalyst which speeds up the reaction. Report Coverage The report: “Salicylic Acid Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following seg...