Renewable Chemicals Market: Value Chain, Stakeholder Analysis and Trends

According to the latest market study on "Renewable Chemicals Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product (Alcohols, Organic Acids, Ketones, Platform Chemicals, Biopolymers, Others); by Application (Food and Beverages, Agriculture, Textiles, Transportation, Chemical Intermediates, Packaging, Bio-Medical and Pharmaceuticals, Others)," The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The report highlights key driving factors and prominent market players along with their developments in the market.

Renewable chemicals or bio-based chemicals are defined as those categories of chemicals, which are synthesized from renewable sources like agricultural feedstock, agricultural waste, organic waste products, biomass, and microorganisms. Renewable chemicals are categorized as sustainable and environment-accommodating chemicals which emits less carbon footprints as compared to traditional petro-based chemicals. The absolute most broadly available renewable chemicals are lignin, carbohydrates, oils, plant extractives, hemicellulose, cellulose, starch, protein, and others. Such chemicals find application in different application bases like food and beverage, agriculture, textiles, automotive, packaging and others.

Renewable sciences have been regarded as one of the viable ways to advance the quality of air, water, and soil and contribute to sustainability by commercializing the use of eco-accommodating bio-based chemicals in different applications. Eco-accommodating sustainable renewable chemicals can be obtained from renewable feedstocks like biomass, agricultural buildups or feedstock, and microorganisms with the assistance of green chemistry synthesis or biorefineries. The state run administrations of several economies have carried out severe regulations related to carbon and greenhouse gas emissions to advance great environment. For instance, the European Commission aims to achieve 80% reduction in the carbon emission by 2050 by phasing out ~ 81Mt of carbon dioxide to be used in clinker production. Regulatory bodies, like REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals), EPA (Environmental Protection Agency), and European Commission force severe environment regulations on the production and disposal of petrochemicals. Also, the growing focus of European Union on the establishment of 'Green Economy' combined with its '20-20-20' initiative is phasing out the demand for petrochemicals. The reduction in oil assets along with political instability in the leading oil producing nations and volatility in the cost of oil based good increase inclination for renewable chemicals. Global warming and climate change are creating demand for healthy, green, and clean products. Additionally, the circular economy is creating over US$5.6 trillion worth of novel opportunities for the improvement of eco-accommodating advances including the innovation associated with renewable chemicals. Such collaborative endeavors, regulations, and initiatives drive the growth of the renewable chemicals market.

The ongoing pandemic has drastically altered the status of the industrial sector and have negatively impacted the growth of the renewable chemicals market. The implementation of measures to combat the spread of the virus has aggravated the situation and have impacted the growth of several industrial sectors. Industries, for example, food and beverages, agriculture, textiles, transportation, packaging, pharmaceuticals have been impacted by the unexpected distortion in operational efficiencies and disruptions in the value chains attributable to the abrupt conclusion of national and international boundaries. The significant decline in the growth of the several industrial sectors negatively impacted the demand for renewable chemicals in the global market. The disruptions as far as sourcing of raw materials from providers as well as temporarily terminations of manufacturing base because of indefinite lockdowns and temporary quarantines have impacted the growth of the market during pandemic period. Nevertheless, as the economies are planning to resuscitate their operations, the demand for renewable chemicals is expected to rise globally. Although the focus throughout just in time production is another concerning factor hindering market growth. The expanding demand of renewable chemicals across food and beverages, agriculture, textiles, transportation, packaging, pharmaceuticals, and other industries along with significant investment by prominent manufacturers is, expected to drive the growth for renewable chemicals.

Archer-Daniels-Midland Company (ADM), Cargill Inc, DSM, BASF SE, Amyris Inc, Evonik Industries AG, Solvay, The Dow Chemical Company, Genomatica, Inc, and Braskemare are among the well-established players in the global renewable chemicals market.

The report segments the global renewable chemicals market as follows:

• By Product the Global Renewable Chemicals market is segmented into Acrylic, Alcohols, Organic Acids, Ketones, Platform Chemicals, Biopolymers, Others.

• By Application the Global Renewable Chemicals market is segmented into Food and Beverages, Agriculture, Textiles, Transportation, Chemical Intermediates, Packaging, Bio-Medical & Pharmaceuticals, Others.

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe
• Asia Pacific (APAC)
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Middle East & Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA
• South America (SAM)
  • Brazil
  • Argentina
  • Rest of SAM

Extruded Snacks Market Emerging Factors, Future Demands, and Key Players

According to our latest market study, titled on "Extruded Snacks Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Category (Second Generation Snacks and Third Generation Snacks), Raw Material (Roots and Tubers, Cereals and Grains, Pulses and Lentils, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)," the global extruded snacks market is projected to reach US$ 93,898.88 million by 2028 from US$ 62,124.75 million in 2022. It is expected to grow at a CAGR of 7.1% during 2022-2028. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

The demand for extruded snacks is significantly rising because of the convenience they offer to consumers. The extruded snacks market is driven by the rising number of consumers with a busy lifestyle and growing preference for fast on the-go snacks that can be consumed without hassle. These snacks These products are mostly available in supermarkets, hypermarkets, and convenience stores, which constitutes a significant market share in based on the distribution channel segment.

Furthermore, eExpanding retail distribution channels is another factor behind the risingraising the sales of extruded snacks in rural and level II cities. For instance, with the continuous economic growth of China, the purchasing power of consumers has increased. These consumers are willing to pay more signigicant amount for excellent products containing which contain organic ingredients. Many market players are launching their products in very good quality supermarkets to have attempted to expand their presence and become market leaders by launching their products in top of the line supermarkets. Therefore, the very good quality supermarket sector shows considerable promise growth as the quantity of consumers with strong purchasing power is growing.

PepsiCo; AMICA CHIPS S.p.A.; Calbee; PEPPERIDGE FARM INCORPORATED; Kellogg's Company; General Mills Inc.; Meiji Holdings Co., Ltd.; Sensible Portions; Old Dutch Foods, Inc.; and Mikesell's Snack Food Company are among the key players operating in the global extruded snacks market. These companies provide an extensive variety of product portfolios for the market. They have a widespread global presence, which provides a lucrative opportunity forhelps the market tom to serve a large set of customers and increase share of the market share. These market players are profoundly focused on developing products with advanced innovation platforms to serve their customers better.

Impact of COVID-19 Pandemic on Extruded Snacks Market
The COVID-19 pandemic had initially affected the global extruded snacks market because of the shutdown of manufacturing units, rising prices of raw materials, shortage of labor, disruption of supply chains, and financial instability.

Extruded snacks are part of tThe food and beverages industry. The industry's disruption because of the economic slowdown caused by the COVID-19 outbreak had restrained the demand for extruded snacks. Be that as it may, businesses are gaining ground as previously imposed limitations are being eased across various countries. Additionally, the introduction of COVID-19 vaccines by governments of various countries has eased the situation, leading to the rise in business activities around the world. The pandemic has also collaterally resulted in the growth of the food and beverages industry post recovery from the production disruptions. The increased purchasing of packaged food and beverages has eventually aided the extruded snacks market post the pandemic outbreak situation.

The report includes the segmentation of the global extruded snacks market as follows:
Based on category, the global extruded snacks market is segmented into second generation snacks and third generation snacks. Based on raw material, the global extruded snacks market is segmented into roots and tubers, cereals and grains, pulses and lentils, and others. Based on distribution channel, the global extruded snacks market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others.

By geography, the extruded snacks market is broadly segmented into North America, Europe, Asia Pacific (APAC), Center East and Africa (MEA), and South and Central America. The market in North America is further segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The extruded snacks market in Asia Pacific is subsegmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in Center East and Africa (MEA) is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The market in South and Central America is subsegmented into Brazil, Argentina, and the Rest of South and Central America.

Fill Finish Manufacturing Market Report Analysis With Industry Share Published by Leading Research Firm

According to our new research study on "Fill Finish Manufacturing Market to 2027 - Global Analysis and Forecast - by Product and End User," the fill finish manufacturing market was valued at US$ 6,129.03 million in 2019 and is projected to reach US$ 12,547.23 million by 2027; it is expected to grow at a CAGR of 9.6% during 2020-2027. The growth of the market is attributed to rising adoption of prefilled syringes for parenteral administration, and elevating demand for biologics. However, the growing competition in biopharmaceutical contract manufacturing industry hinders the growth of the market.

North America dominated the global fill finish manufacturing market in 2019 and accounted for approximately half of the market income. The market growth in the region is credited to the broad research and improvement activities, and technological advancements in the manufacturing of innovative biopharmaceutical and pharmaceutical products. Similarly, the significant growth of the biopharmaceutical industry in North America and increasing investment by international companies are probably going to support the fill finish manufacturing market growth in North America in the coming years. Based on product, the fill finish manufacturing market is portioned into consumables and instruments. The consumables portion is expected to register a higher CAGR in the market during the forecast time frame. On the basis of end user, the market is divided into contract manufacturing organizations, biopharmaceutical companies, and other end users. The contract manufacturing organizations fragment dominated the fill finish manufacturing market in 2019.

Rising Adoption of Prefilled Syringes for Parenteral Administration Powers Fill Finish Manufacturing Market Growth

Parenteral administration is one of the most prominent courses decided to stimulate immediate resistant response and guarantee 100 percent bioavailability of pharmaceutical products. A steady rise in the turn of events and market availability of parenteral medications has impelled the demand for advanced, financially savvy drug conveyance gadgets that promise ease of administration. Prefilled syringes portion is a rapidly growing section of the fill-finish manufacturing market. The benefits of prefilled syringes over traditional conveyance frameworks include easy administration, further developed safety, accurate dosing, and diminished contamination risks, among others. Among drug conveyance gadgets, prefilled syringes address one of the fastest-growing primary packaging formats, which are also intended for portion administration. In the past 10 years, there has been an apparent increase in the advancement of parenteral medications (especially with the introduction of several classes of biologics), which has brought about approximately three-overlay increase in the consumption of prefilled syringes. The sustained inclination for the pre-filled syringes can be attributed to safety and easy-of-use of these products. Current variants are planned with provisions to decrease blunders in dosing, risk of occlusions, leakage of liquids (i.e., extravasation), and inflammation of veins (phlebitis). Owing to the benefits mentioned above, several injectable medications — Humira, Enbrel, Avastin, PREVNAR 13, ALPROLIX, and Benefix, among others — diluents, and other products requiring parenteral administration are packaged in prefilled syringes. Throughout the course of recent years, ~90 drugs have been approved in the prefilled syringe form across various regions, including North America, Europe, and Asia Pacific. Several medications in clinical stages of medication advancement are being evaluated in combination with prefilled syringes.

The filling of sterile medications into prefilled syringes is considered one of the most crucial stages in the pharmaceutical production process. Legitimate fill finish operations are necessarily carried out under aseptic conditions to maintain pharmacological efficacy and quality and to guarantee the safety of end users. The syringe filling is a perplexing operation as it requires close monitoring of both the syringe fill volume as well as the headspace between fluid in the syringe and bottom of the unclogger. Additionally, the rise in complexity of small particle active pharmaceutical ingredient (APIs) and the increasing diversity of biologic medications also contribute to the demand for advanced aseptic fill finish operations.

Companies, including small enterprises and large businesses, outsource their fill finish operations to contract specialist organizations. According to the tenth Annual Report and Overview of Biopharmaceutical Manufacturing Capacity and Production, manufacturers of biologicals have been seen to outsource over 30% of their fill finish operations. With the increase in the demand for prefilled syringes and the growing complexity of fill finish processes, outsourcing these operations is probably going to increase further later on. At present, in excess of 100 companies on the planet are providing fill finish administrations for prefilled syringe manufacturers. To adapt to the current and future market demand, specialist organizations are actively investing in expanding their existing infrastructure and capabilities; they are also expanding their customer base through help agreements since the past couple of years. As injectables account for ~55% of medication candidates in the global Research and development pipeline, the businesses of prefilled syringe manufacturers and associated specialist organizations are projected to grow in the coming years. Because of the new Coronavirus pandemic, vaccine advancement initiatives have increased across the world. This is expected to significantly raise the demand for prefilled syringes, providing an additional motivation to the overall fill finish manufacturing market.

Fill Finish Manufacturing Market: Segmental Outline

Regarding product, the consumables portion is anticipated to register a higher CAGR in the fill finish manufacturing market during the forecast time frame. The greater sales of consumables is mainly attributed to higher replacement rate than instruments as the former has short time span of usability and are expected in large quantities. The consumables fragment accounted for over 58.66% share in the fill finish manufacturing market in 2019. As far as end user, the market for the contract manufacturing organizations section is expected to grow at the fastest CAGR during the forecast time frame.

Halal Cosmetics Market Overview and Regional Outlook Study

According to our latest market study on " Halal Cosmetics Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product Type (Skincare, Haircare, Makeup, and Others), Category (Men, Women, and Unisex), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others)" the market is expected to grow from US$ 36,686.54 million in 2022 to US$ 79,861.73 million by 2028; it is estimated to grow at a CAGR of 13.8% from 2022 to 2028. The report highlights key factors driving the halal cosmetics market and prominent players and their progress in the market.

Halal restorative products are corrective products that adhere to Islamic standards, i.e., corrective products liberated from pig-determined and other prohibited ingredients. Halal restorative products are also wudu-accommodating (permeable to water) as expected by Islamic standards.

There has been a growing awareness among the consumers about the harmful impacts of synthetic cosmetics, for example, respiratory distress and skin allergies, which has moved consumers' inclination toward halal cosmetics. Additionally, the rise in the Muslim population across the world and an increase in the spending by the Muslim population on superficial products are augmenting the expansion of the halal cosmetics market. With the growth envisaged in the coming years, new start-up cosmetics players are emerging, and the sector is diversifying its product portfolio. Also, the increased penetration of online retail has given growth opportunities to halal cosmetics manufacturers to sell their products via online platforms to increase their reach. An increased number of manufacturers is leveraging the reach of social media to spread awareness about halal cosmetics to consumers. Along with this, men and women especially in urban areas are showing increased interest and awareness towards halal ensured corrective products. The increased demand from Southeast Asian nations for halal cosmetics is also driving the halal cosmetics market growth.

Clara International Beauty Group; Inglot Cosmetics; Inika Organic Australia; IVY Beauty Corporation; MMA Bio Lab Sdn Bhd; OnePure, LLC; PT Paragon Technology and Innovation; PHB Ethical Beauty Ltd.; Sampure Minerals; and IBA Cosmetics are the well-established players constituting the majority of the halal cosmetics market share.

Impact of COVID-19 Pandemic on Halal Cosmetics Market
The COVID-19 pandemic adversely affected the consumer merchandise industry with the closure of manufacturing facilities, trouble in procuring raw materials and components, and restrictions on logistic operations. The disruptions in the stock of raw materials to manufacturers hampered the production of halal cosmetics. The outbreak distorted operational productivity and disrupted the value chains because of the unexpected closure of national and international boundaries, creating income misfortune and damage. Various halal cosmetics manufacturers had to temporarily close their operations or limit their production capacities, negatively impacting the halal cosmetics market. Notwithstanding, the businesses are gaining ground as governments of various nations overall have eased out the previously forced restrictions. The start of operations in the halal cosmetics manufacturing units is positively impacting the halal cosmetics market.

The "Global Halal Cosmetics Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global halal cosmetics market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The market is segmented based on product type, category, distribution channel, and geography. Based on product type, the market is segmented into skincare, haircare, makeup, and others. In terms of category, the market is segmented into men, women, and unisex. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. Based on geography, the market is segmented into five main regions North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In 2020, Asia Pacific dominated the halal cosmetics market and is expected to be the fastest-growing region over the forecast period. The countries in the Asia Pacific are emerging markets for halal cosmetics. This can be attributed to the increasing awareness about animal welfare and the harmful effects of synthetic cosmetics. Moreover, the increase in the population of Muslims in the countries across Asia Pacific is driving the demand for halal cosmetic products.

Avocado Oil Market Insight on the Important Factors and Trends Influencing the Industry

According to our latest market concentrate on "Global Avocado Oil Market to 2027 - COVID-19 Impact and Global Forecast Analysis by Type (Extra Virgin, Virgin, Refined, and Blends); Nature (Organic, Conventional); Variety (Hass, Pinkerton, Fuerte, Gwen, and Others); Application (Food and Beverages, Pharmaceuticals, Cosmetics, and Others); Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, Online Stores, and Others), and Geography," the market accounted for US$ 669.5 million in 2018 and is expected to grow at a CAGR of 9.1% during 2019-2027 to reach US$ 1,452.2 million by 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

Avocado oil is consumable item used in various food recipes, salad dressings, bakery things, and sweet and savory snacks. It is also used in personal care and cosmetics items owing to its moisturizing and regenerative properties. The oil has high monounsaturated fat and low saturated fat substance, and it is liberated from cholesterol. Avocado oil is profoundly liked by individuals with diabetes as regular utilization of this oil assists lower with lowing thickness lipid (LDL), i.e., bad cholesterol, levels. Avocado oil is high in vitamin E and potassium, which keep the veins healthy by eliminating free radicals. The utilization of food prepared using avocado oil also alters the degrees of essential fatty oils in kidneys.

Avocado oil is gaining high traction because of the rising awareness about its health benefits. This oil is also high on antioxidants and healthy fats. ~70% of avocado oil consists of heart-healthy oleic acid, i.e., monounsaturated omega-9 fatty acid. Various examinations show that avocado oil assists in reducing with blooding strain and blood cholesterol levels. It is a rich wellspring of lutein, a carotenoid naturally tracked down in human eyes. Thus, the utilization of this oil further develops eye health and brings down the risk of acquiring age-related eye diseases. A new report tracked down that adding avocado oil to a salad with carrots, romaine lettuce, and spinach, enhances the absorption of carotenoids in the human body.

The global avocado oil market is concentrated with a few well-established players; these companies are Aconcagua Oil & Extract S.A.; Avocado Health Limited; Crofts Ltd, Bella Vado, Inc.; La Tourangelle, Inc.;Madana Inc.; Mevi Avocados, Inc; Olivado USA; Sesajal S.A de C.V.; and Spectrum Organics Products, LLC (Hain Celestial Group, Inc.); among others.

The report segments the global avocado oil market as follows:

By Type

• Extra virgin oil
• Virgin
• Refined
• Blends

By Nature

• Organic
• Conventional

By Variety

• Hass
• Pinkerton
• Fuerte
• Gwen
• Others 

By Application

• Food &Beverages
• Pharmaceuticals
• Cosmetics
• Others

By Distribution Channel

• Hypermarkets and Supermarkets
• Specialty Stores
• Online Stores
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • UK
  • France
  • Russia
  • Rest of Europe
• Asia Pacific (APAC)
  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Middle East &Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA
• South America
  • Brazil
  • Argentina
  • Rest of South America

Kidney Stone Retrieval Devices Market is Booming Worldwide According to New Research Report

According to our new market research study on “Kidney Stone Retrieval Devices Market to 2027 – Global Analysis and Forecast – by Type, Treatment, and End User,” the market is expected to reach US$ 3,653.92 million by 2027 from US$ 2,541.07 million in 2019; it is estimated to grow at a CAGR of 4.8% from 2020 to 2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth. The key factors driving the growth of the market include increasing incidence of kidney stone disease and escalating number of kidney stone retrieval device launches. However, the lack of expertise required for conducting minimally invasive procedures hinder the market growth.

Based on type, the kidney stone retrieval devices market is segmented into lithotripters, stone removal devices, ureteral stents, and ureterorenoscopes. The lithotripters segment held the largest share of the market in 2019, and it is further anticipated to register the highest CAGR during the forecast period. The increasing number of SWL and ESWL procedures, and mounting number of product launches. The increased demand for lithotripters is mainly attributed to their advantages such as noninvasiveness, faster treatment, and less painful experience during and after treatment. For instance, in May 2018, Dornier MedTech has announced its Dornier Delta III SmartLitho at the American Urology Association (AUA) Annual Meeting 2018; it is the world's first lithotripter system that utilizes Big Data analytics in urology.

Boston Scientific Corporation, BD, Cook Medical LLC, Olympus Corporation, Lumenis, Coloplast Group, STORZ MEDICAL AG, Walz Elektronik GmbH, Richard Wolf GmbH, and Dornier MedTech are among the leading companies operating in the kidney stone retrieval devices market. The companies have adopted inorganic and organic growth strategies to expand their global footprints and product portfolios to meet the rising demand for the kidney stone retrieval devices and services. For instance, in June 2020, Olympus Corporation, a global technology leader, launched the Soltive SuperPulsed Laser System( and Soltive Laser System) the product is enabled with the thulium fiber laser technology designed for stone lithotripsy and soft tissue applications.

The report segments global kidney stone retrieval devices market as follows:

By Type

• Lithotripters
  • Stone Removal Devices
    • Stone Basket
    • Grasper
    • Dormia
    • Tipless
  • Guidewires
  • Access Sheath
• Ureteral Stents
  • Metal Ureteral Stents
  • Silicone Ureteral Stents
  • Polyurethane Ureteral Stents
  • Others Ureteral Stents
• Ureterorenoscopes
  • By Type
    • Flexible Ureterorenoscopes
    • Semi-rigid Ureterorenoscopes
  • By Usage
    • Single-use Ureterorenoscopes
    • Re-usable Ureterorenoscopes

By Treatment                                              

• Extracorporeal Shock Wave Lithotripsy
• Intracorporeal Ureteroscopy
• Percutaneous Nephrolithotripsy

By End User

• Hospitals and Clinics
• Specialty Clinics
• Ambulatory Surgery Centers

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • UK
  • Spain
  • Italy
• Asia Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
• South and Central America (SCAM)
  • Brazil
  • Argentina

Cloud Based Payroll Software Market Growth Opportunities, Key Players, and Threads Analysis

Latest market study on "Cloud Based Payroll Software Market to 2027 by Organizational Size (Small and Medium Enterprises and Large Enterprises) and Industry Vertical (Healthcare, Manufacturing, Telecom and IT, BFSI, Retail, Hospitality, and Public Sector) - Global Analysis and Forecast", the Cloud Based Payroll Software market is estimated at 7.34 Bn in 2018 and is expected to grow at a CAGR of 10.3% during the forecast period 2019 - 2027, to account to US$ 17.39 Bn by 2027. The report includes key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

The global cloud based payroll software market is experiencing significant growth in the ongoing market scenario. This is because of the presence of large number of all around perceived as well as medium and smaller companies across the globe, which are involved being developed of robust software and offer administrations to their clients. Also the advancements in cloud innovation has accelerated the adoption of cloud based payroll software, among numerous companies across industries. Because of low passage barrier to the cloud based payroll software market, the emerging companies are also experiencing significant growth as far as customers, which is smoothening the growth path of cloud based payroll software market in the emerging nations.

SMEs are more impacted because of the lack of assets, and lower spending plans. As, SMEs are more frugal and investing in complex software solutions can put extra weight on its operations. Many of the market players in the cloud-based payroll software market are more inclined towards delivering a savvy solution to SMEs to assist them with managing their business. Presently, SMEs are also opting for cloud-based solutions in request to bring effectiveness to work. SME's are considered as a significant part of the economy of any country. The easy in use, arrangements and operability as compared to on-premise payroll management frameworks is another key parameter which has increased the obtainment of cloud based payroll software among the SMEs throughout the long term.

Asia Pacific, is estimated to be the fastest growing geography during the forecast period from 2019 - 2027. The nations in Asia Pacific are constantly witnessing the establishments of various worldwide companies as well as rise of national or local companies. This factor is playing a significant job in driving the cloud based payroll software market in the Asia Pacific region. Also, several nations in the region have encountered the rise of cloud infrastructure lately, which is anticipated to fuel the growth of cloud based payroll software market in Asia Pacific during the forecast period. Among the Asia Pacific nations, China contributed the maximum market share in 2018, owing to the presence of large number of industries with tremendous representative base per company.

The report segments the global Cloud Based Payroll Software market as follows:

 

 Global Cloud-Based Payroll Software Market – By Organizational Size

• SMEs (Employee Size <250
  • Employee Size <50
  • Employee Size 50-99
  • Employee Size 100-250
• Large Enterprises (Employee Size>250)

Global Cloud-Based Payroll Software Market – By Industry Verticals

• Healthcare
• Manufacturing
• Telecom & IT
• BFSI
• Retail
• Hospitality
• Public Sector
• Others

Global Cloud-Based Payroll Software Market – By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • Russia
  • UK
  • Rest of Europe
• Asia Pacific (APAC)
  • South Korea
  • China
  • India
  • Australia
  • Japan
  • Rest of Asia Pacific
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA
• South America
  • Brazil
  • Argentina
  • Rest of South America (SAM)

Health Economics and Outcomes Research (HEOR) Services Market Status and Forecast, by Players, Types and Applications

According to our new research study on "Health Economics and Outcomes Research (HEOR) Services Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by Service, Service Provider, and End User," the market is expected to reach US$ 2,699.56 million by 2027 from US$ 1,116.38 million in 2019; it is estimated to grow at a CAGR of 11.9% from 2020 to 2027. The report highlights trends prevailing in the market, and the factors driving and hindering the market growth. The growth of the overall healthcare economics and outcomes research (HEOR) services market is attributed to increasing product development and growing healthcare spending. However, restrictions on access to real-world data (RWD) is the major factor hindering the market growth.

Based on service, the healthcare economics and outcomes research (HEOR) services market is portioned into economic modeling/evaluation, real-world data analysis and information frameworks, clinical result, and market access solutions and repayment. The clinical result section held the largest market share in 2019, and the real-world data analysis and information frameworks fragment is estimated to register the most noteworthy CAGR during the forecast time frame. Rising number of clinical trials and growing pharmaceutical research and development activities offer lucrative opportunities for the growth of the real-world data analysis fragment.

The healthcare economics and outcomes research (HEOR) services market is expected to witness substantial growth post-pandemic. The global healthcare infrastructure noticed limitations and capabilities during the abrupt rise of coronavirus. In request to deal with such situations in years to come, healthcare organizations as well as states are expected to increase the utilization of HEOR services, which would eventually drive the market. In addition, increase in demand for advanced data analysis advancements is anticipated to drive the market.

Axtria, Inc.; Avalon Health Economics LLC; MEDLIOR; PHARMALEX GMBH; Analysis Group; ICON PLC; IQVIA Inc.; McKESSON CORPORATION; Syneos Health; and Optum, Inc. are among the leading companies operating in the healthcare economics and outcomes research (HEOR) services market.

The report segments healthcare economics and outcomes research (HEOR) services market as follows:

By Service

• Economic Modelling/Evaluation
• Real-World Data Analysis and Information Systems
• Clinical Outcome
• Market Access Solutions and Reimbursement

By Service Provider

• Consultancy
• Contract Research Organization

By End User

• Healthcare Providers
• Healthcare Payers
• Biotech/Pharma Companies
• Government Organizations

By Geography

• North America
  • • US
    • Canada
    • Mexico
• Europe
  • • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
• Asia Pacific (APAC)
  • • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of APAC
• Middle East & Africa (MEA)
  • • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA
• South and Central America (SCAM)
  • • Brazil
    • Argentina
    • Rest of SCAM

Electric Bed Market Overview and Regional Outlook Study

According to our new research study on "Electric Bed Market to 2027 - COVID-19 Impact and Analysis by Product, Application, and End User," the market is expected to reach US$ 4,597.60 million in 2027 from US$ 2,111.59 million in 2019. The market is estimated to grow ata CAGR of 9.6% from 2020 to 2027.The growth of the market is attributed to key driving factors such as rising number of chronic diseases, increasing number of hospitals and clinics, and growing number of public-private partnership in the healthcare industry. However, the steep prices of electric beds and reduction in average length of hospital stays are likely to hinder the market growth.

Based on product, the electric bed market is fragmented into self-loader electric bed and completely automatic electric bed. The self-loader electric bed portion held alarger share of the market in 2019,while the completely automatic electric bed fragment is expected to grow at a higher CAGR during the forecast time frame. The increasing number of patients combined with patient consistence and improvement in the nature of care given by healthcare institutions across the world is expected to expand the growth of the completely automatic electric beds fragment during the coming years.

The vast majority of the worldwide healthcare players focus on the emerging market such as APAC due to increasingprevalence of chronic diseases (including diabetes) and rising clinical tourism in the region. A large number of the Asian nations such as India, Thailand, and Singapore are becoming the destination for clinical tourists. Additionally, government experts in APAC nations are focusing on strengthening their clinical tourism sector, thereby maximizing the progression of income. In India, clinical science has grown quickly in the past couple of many years. Numerous patients from Europe and the Center East are choosing India as their number one destination to use the accessibility of productive infrastructures and innovation with the Indian healthcare sector. The health care coverage market and National clinical frameworks here are advanced, which is convenient for visitors from the West and the Center East. Nevertheless, they additionally find hospital costs reasonable.

In Japan, the escalating number of unfamiliar visitors is likely to project the healthcare sector as one of the main contributors to the national economy in the coming years. Poland is consistently growing as one of the famous clinical tourism destinations in Europe. The expense of clinical medicines in the nation are often 60-80% lower than the expenses of similar advantages in the remainder of the EU nations. The significant reason for the growth of tourism is Poland's recognition and acknowledgment of the European Union.

The rising clinical tourism, particularly in the emerging nations, is expected to give critical growth potential open doors to the electric bed market players during the forecast time frame.

The COVID-19 pandemic is causing massive disruptions in worldwide stockpile chains, consumer markets, and the economy all in all. However, the demand for electric beds hasincreased because of COVID 19 as the hospital beds playa essential job in the care expected for COVID-19 victims. The condition of patients not receiving care might be fatal and thus the initial months of transfection brought about whooping demand for cutting edge beds for patient care.

Arjo Medical Devices;Hill Rom Holding, Inc.;Medline Industries, Inc.;Paramount Bed Holdings Co., Ltd.;Invacare Corporation;Stryker Corporation;Malvestio Spa;LINET;Gendron Inc.;and Joerns Healthcare LLCare among the leading companies in the electric bed market.

The report segments electric bed market as follows:

 

By Product

• Semi-Automatic Electric Bed
• FullyAutomatic Electric Bed

By Application

• General Bed
• Intensive Care Bed
• Bariatric Bed
• Birthing Bed

By End User

• Hospitals and Clinics
• Dentistry
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • UK
  • Spain
  • Italy
• Asia Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
• South and Central America (SCAM)
  • Brazil
  • Argentina

Nanocopper Oxide Market is Booming Worldwide Scrutinized in New Research

 According to our new research study on "Nanocopper Oxide Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by End User," the nanocopper oxide market size was valued at US$ 75.9 million in 2018 and is projected to reach US$ 251.1 million by 2027; it is expected to grow at a CAGR of 14.4% from 2019 to 2027. The projected growth of the market during the forecast period is attributed to the increase in demand for electrical equipment.

In 2018, North America contributed to the largest market share in the global nanocopper oxide market. The flood in demand for various electrical and electronic gadgets, for example, smartphones, televisions, laptops, and smart home appliances considers responsible for the dominance of North America. In addition, the rise in disposable income, along with rapid industrialization, has impelled the demand for advanced innovation used in healthcare and life science, paints and coatings, and other industries. This creates lucrative opportunities for the market in North America. The growing market trend toward nanomaterial and increasing investment in research and improvement activities is expected to have a positive impact on growth of the nanocopper oxide market.

Increasing Demand for Electronic Equipment

The consumption electronic equipment has risen across the globe in commercial as well as household sector. The advancement in advancements along with the rise in investment in Research and development for innovative items is driving the demand for electronic equipment. The rise in population combined with increase in disposable income in developing region is also responsible for propelling the market of electrical and electronics components. The nanoparticles of copper oxides (CuO NPs) are profoundly utilized in the production of several electrical and electronic equipment owing to the minimal expense of production associated with thermal stability, super conductivity and photovoltaic properties. The nanocopper oxide consists of predominant electrical, mechanical, catalytic, and optical properties, which make them ideal to be used in the production of several electronic gadgets like smart phones, laptops, and tablets. Other than this, they are generally used in heat transfer liquids, microelectronics, and other electronic gadgets. The growing usage of electrical gadgets is expected to reinforce the growth of the market.

Nanocopper Oxide Market: Segmental Outline

Based on end user, the market is divided into electricals and electronics, paints and coatings, catalyst, energy storage, and other. The electricals and electronics fragment accounted for the largest share in the global market in 2018. Nanocopper oxide has always been used broadly for electricals and electronics gadget manufacturing, for example, smartphones, monitors, and televisions. The growing demand for electricals and electronics is expected to drive the market in the near future.

Impact of COVID-19 Pandemic on Nanocopper oxide Market

The COVID-19 outbreak adversely affected economies and industries in various nations because of lockdowns, travel restrictions, and business closures. The chemicals and materials industry is among the significant industries suffering from extreme disruptions, for example, restrictions on the store network and the closure of production plants. The closure of various plants and factories in various nations disrupted the global stockpile chains and negatively impacted the sales of electrical and paints and coating industries. The consumption for nanocopper oxide was also hampered due to declining demand from end-use industries. Various companies have already announced potential delays in item conveyances and rut in later items sales. Notwithstanding, with the introduction of vaccination there is ease in the restrictions and manufacturing activities has also restarted for economic recuperation. The significant decline in the growth of the several industrial sectors impacted the market.

Nanocopper oxide Market: Competition Landscape

American Elements; Hongwu International Group Ltd.; Inframat Corporation; nanoComposix; Nanoshel LLC; Nanostructured & Amorphous Materials, Inc.; PlasmaChem GmbH; SkySpringNanomaterials Inc.; Strem Chemicals Inc.; and US Research Nanomaterials, Inc. are some of the players operating in the global market.

Functional Proteins Market Development and Future Demand Analysis Report

 According to our latest market study on "Functional Proteins Market Forecast to 2027 - COVID-19 Impact and Global Analysis - Type (Hydrolysates, Concentrates, and Isolates), Source (Plant and Animal), Form (Dry and Liquid), and Application (Functional Foods, Functional Beverages, Dietary Supplements, Animal Nutrition, and Others)," The market was valued at US$ 10,297.91 million in 2019 and is projected to reach US$ 17,767.48 million by 2027; it is expected to grow at a CAGR of 7.2% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

Consumers are more inclined toward wellbeing, health, and nutrition content. Food industry is continuously introducing new items considering the adoption of healthy way of life among consumers. Among functional food ingredients, protein is one of the significant ingredients that are naturally found in the range of animal and plant sources. Proteins are crucial for the smooth body functioning, and are expected for the design, function, and regulation of the body's tissues and organs. The awareness among consumers regarding the benefits offered by functional proteins is contributing significantly to the growth of the functional proteins market. In addition, increasing disposable income of consumers in emerging economies in Asia Pacific, Center East, and Africa, and South America contributes to the market growth.

Functional proteins are a complex combination of biologically active proteins that backings and maintains normal resistant function. Nowadays, the populace overall is inclined toward a healthy way of life and is spending considerably on nutritional items. Functional proteins assist in lowering the blood with pressuring that is a major cause of heart attracts, strokes, and chronic kidney diseases. According to the estimates of Habitats for Disease Control and Prevention, nearly half of adults in the US are affected by hypertension and are taking medication for hypertension. Furthermore, the rate of patients suffering from obesity is escalating across the globe. Obesity leads to various health issues like heart disease, type 2 diabetes, stroke, and certain types of cancer. For instance, according to the Communities for Disease Control and Prevention, the prevalence of obesity in the US was 42.4% in 2017-2018. To overcome such issues, the populace is exploring new strategies to stay fit and decide on healthy ways of life. Such instances are estimated to increase the demand for foods improved with functional proteins, aiding in the market expansion.

A few of the major key players operating in the global functional proteins market are AMCO Proteins; APC INC; FrieslandCampina; Abbott Nutrition; Archer Daniels Midland Company; Arla Foods Ingredients Group; Cargill, Incorporated; Glanbia plc; DSM; Real Dairy Australia Pty Ltd.; Fonterra Co-operative Group Limited; Kerry; and Saputo Ingredients.

The COVID-19 outbreak was first reported in Wuhan (China) during December 2019. As of February 2021, the US, India, Brazil, Russia, the UK, France, Spain, Italy, Turkey, Germany, Colombia, and Argentina are among the most horrendously awful affected countries with regards to confirmed cases and reported deaths. According to the latest WHO figures, there are ~108,579,352 confirmed cases and 2,396,408 total deaths globally. The outbreak has adversely affected economies and industries in various countries because of lockdowns, travel bans, and business closures. The global food and beverage industry is one of the major industries suffering serious disruptions, for example, store network breaks, innovation occasions cancellations, office closures, and so on. The lockdown of various plants and factories in leading regions like North America, Europe, Asia Pacific, South America, and the Center East, and Africa confines the global stock chains and hinders the manufacturing activities, conveyance plans, and various products sales. Transportation is also a major concern as many boundaries are shut because of the global travel bans forced by countries in Europe, Asia, and North America. This also disrupts business collaborations and partnerships opportunities. All these factors have restrained the growth of the functional protein market.

Women's Lingerie Market Size Incredible Possibilities And Growth Analysis

Latest market study on "Global Women's Lingerie Market to 2027 - Analysis and Forecasts by Type (Brassiere, Knickers or Panties, Shapewear, Others); Material (Cotton, Silk, Satin, Nylon, Others); Distribution Channel (Mass Merchandizers, Specialized Stores, Online, Others), and Geography" ,the global women's lingerie market was valued at US$ 35,169.4 million in 2018 and is projected to be worth US$ 78,662.5 million by 2027, growing at a CAGR of 9.4%. The report include key understanding on the driving factors of this global women's lingerie market growth and also highlights the prominent players in the market and their developments.

Lingerie is a women's clothing which is made of lightweight, smooth, sheer, stretchy. The women's lingerie market is characterized into four main types such as brassiere, knickers or panties, shapewear, and others. The demand for various types of lingerie such as bra, underwear, camisole, shapewear, babydoll, knickers, bralettes, triangles, bodysuits, and hosiery are rising among customers, which is attributable to growing consumer focus towards fashionable, comfortable, and luxurious items of clothing. Demand for these products is increasing because of the usage of comfortable fabrics such as nylon, polyester, satin, lace, sheer, lycra, silk, and cotton. To match the rise in demand for women lingerie, manufacturers are introducing diversified range of products prepared using various fabrics along with innovative designs. Consumers in the market are looking forward to attractive, special in design, and cost-successful lingerie. Consumers are also inclined towards color, fabric, and style, which is encouraging the manufacturers to introduce stylish lingerie suitable for various activities. Subsequently, production of the diversified range of women lingerie according to customers' requirements is supposed to help the market players to capture a better market position.

North America is supposed to be the fastest-growing market for global women's lingerie products in the coming years. Increasing awareness about the best fit, developing millennial populace, and ascend in spending power among ladies are expected to drive the market over the figure time span. Expanding accessibility of a wide scope of items in numerous designs for various purposes such games, wedding wear, and standard wear has likewise been driving the market in the region. In addition, more extensive item availability, along with increased penetration of online as well as offline channels, is also among the key factor driving the women's lingerie market in the region. Presence of a large number of market players such as L-Brands Inc., Gap Inc., Hanesbrands Inc., Jockey International, Inc. and others providing vast varieties of lingerie such as softly padded underwired bra, form and beauty lace minimizer bra, sports bra with racerback, mid-rise hipster briefs, is a crucial driver for North America women's lingerie market.

Non-Alcoholic Steatohepatitis (NASH) Market Report Analysis With Industry Share

According to our latest study on “Non-Alcoholic Steatohepatitis (NASH) Market Forecast to 2028 – COVID-19 Impact and Global Analysis – Product, Application, and Sales Channel," the market is expected to grow from US$ 1,631.92 million in 2021 to US$ 24,266.81 million by 2028; it is estimated to grow at a CAGR of 47.1% from 2021 to 2028.

The report features the major factors driving the market, and prominent players and their advancements in the market. The growth of the non-alcoholic steatohepatitis (NASH) market is mainly determined by the rising prevalence of NASH and increasing initiatives for the awareness of NASH. Nonetheless, the lack of established guidelines for the diagnosis and withdrawal of medications from the marketing authorization stage of clinical trials hamper the market growth.

NASH had the strongest association with COVID-19 of all comorbid metabolic conditions, including hypertension and obesity. Liver injury in the type of increased transaminases and hyperbilirubinemia among COVID-19 patients can be attributed to two or three factors, including prior liver disease. The comorbidity of nonalcoholic fatty liver disease (NAFLD) and NASH in these patients makes them prone to extreme types of liver injury. The presence of fibrosis rather than NASH/NAFLD is associated with more terrible clinical results and higher mortality in COVID-19 patients.

The impact of COVID-19 on comorbid patient populations, including individuals with diabetes, obesity, fatty liver disease, and NASH, has set off the need of providing optimal care to patients. Research revolving around combating NAFLD and NASH indicates that the anticipated relationship with obesity is stark. Therefore, a high incidence of NASH demands advanced diagnostics and treatments, which lifts research and improvement in the market. Thus, the COVID-19 crisis has filled the non-alcoholic steatohepatitis (NASH) market growth.

The non-alcoholic steatohepatitis (NASH) market, by product, is portioned into vitamin E and pioglitazone, ocaliva, elafibranor, selonsertib and cenicriviroc, and others. In 2021, the others portion held the largest share of the market. The selonsertib and cenicriviroc fragment is expected to register the fastest CAGR in the non-alcoholic steatohepatitis (NASH) market from 2021 to 2028. Further, the selonsertib and cenicriviroc fragment is anticipated to register the most elevated CAGR of 73.3% in the market during the forecast time frame. Selonsertib is an oral inhibitor of apoptosis signal-regulating kinase 1 (ASK1), with potential anti-inflammatory, antineoplastic and anti-fibrotic activities. It is being scrutinized in clinical trial NCT03053050 — Safety and Efficacy of Selonsertib in Adults with Nonalcoholic Steatohepatitis (NASH) and Bridging (F3) Fibrosis. Cenicriviroc (CVC) is a strong chemokine 2 and 5 receptor antagonist that is as of now being produced for the treatment of liver fibrosis in individuals with NASH. Various research studies and clinical trials are being conducted overall for selonsertib and CVC, which are expected to drive the market during the forecast time frame.

Building Integrated Photovoltaics Market is Set to Grow According to Latest Research

According to our latest market study on “Building Integrated Photovoltaics Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Technology, Type, Application, and End Use,” the market is projected to reach US$ 13,023.97 million by 2028 from US$ 4,605.97 million in 2021; it is expected to grow at a CAGR of 16.0% from 2021 to 2028.

Photovoltaics (PV) is an elegant way of generating power on-site from solar energy. PV power systems for individual buildings are the most common of these distributed applications. BIPV systems can help save money on materials and electricity by acting as both a building envelope material and a power generator, reducing the use of fossil fuels and lowering the release of ozone-depleting gasses while also adding architectural beauty to the structure. Major countries around the world are introducing plans to shift toward ultra-low-energy buildings to overcome the challenges presented by climate change. The increasing focus of the European Union on setting regulatory standards related to energy performance in buildings and supportive investments in augmenting renewable power generation are the key factors driving the demand for BIPV across European countries. At the end of 2020, the European Union mandated all new buildings in EU member countries to be nearly zero-energy buildings (nZEB) through its Energy Performance of Buildings Directive (EPBD). In addition, in July 2020, The Italian Government extended a new incentive program for homeowners that will reimburse up to 110% super-bonus of the cost of building improvements that increase energy efficiency till December 2022. Thus, supportive initiatives for promoting the use of sustainable construction materials are fueling the building integrated photovoltaics market size to grow.

The integration of solar power generation equipment directly into building areas could improve material efficiency and reduce product costs. In addition, growing awareness about the need for improving the energy efficiency of buildings has been promoting the use of clean or renewable energy technologies. The region exhibits a rise in initiatives and action plans for improving energy efficiencies. For instance, the government of Canada is committed to making homes and buildings more energy-efficient with the help of its low-carbon economy fund and other infrastructure initiatives. In addition, in the three-year Growth Plan launched by Canada Infrastructure Bank (CIB) in October 2020, an investment of US$ 10 billion will be collectively directed toward clean power generation and building green infrastructure.

The building integrated photovoltaics market is segmented on the basis of technology, type, application, end use, and geography. Based on technology, the market is bifurcated into colored and regular. Based on type, the building integrated photovoltaics market is segmented into monocrystalline, polycrystalline, and thin film. In 2020, the monocrystalline segment accounted for the largest market share as this type of photovoltaics offers a larger surface to capture more solar energy. Based on application, the building integrated photovoltaics market is segmented into roofs, walls, glass, façade, and others. In 2020, façade segment accounted for the largest market share; The market growth of this segment is attributed to the light in weight, large-format designs of photovoltaics, which makes them suitable for the façade application. Moreover, they are simple to install and adaptable to a variety of applications. Based on end use, the building integrated photovoltaics market is segmented into industrial, commercial, and residential. In 2020, the residential segment accounted for the largest market share owing to a rise in investments in the development of residential complexes. Based on geography, the building integrated photovoltaics market is segmented into five key regions—North America, Europe, APAC, MEA, and SAM. Europe held the largest revenue share in 2020, followed by North America and APAC, respectively. APAC is projected to register the highest CAGR in the building integrated photovoltaics market from 2021 to 2028.

Impact of COVID-19 Pandemic on building integrated photovoltaics market

The COVID-19 pandemic has shaken the industries such as energy & power, aerospace & defense, electronics & semiconductors, automotive, manufacturing, and construction. Lockdown imposed by countries worldwide to minimize the transmission of SARS-CoV-2 has disrupted the supply chain activities and reduced the production of commodities, goods, and services. Manufacturing declined massively During the first few months of the pandemic. The automotive, consumer electronics, construction materials, aerospace & defense, mining, glass, and chemicals industries observed a decline in their production activities. In the third quarter of 2021, businesses restarted their operations with limited capacities to keep a check on the spread of the virus. Many companies started using automatic technologies and methodologies requiring less human labor to follow proper measures. Adverse effects on the construction industry, especially during the initial period, led to a sharp decline in the sale of integrated photovoltaics worldwide. The market analysis is primarily focused on upcoming developments, introduction of new technologies, new expansion of manufacturing plants and micro & macro factors that influences the market dynamics.

Electric Three-Wheeler Market Overview and Regional Outlook Study

 According to our latest market study on “Electric Three-Wheeler Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (E-Auto (High Speed), E-Rickshaw (Low Speed)),” the global market was valued at US$ 472.56 million in 2020 and is projected to reach US$ 756.52 million by 2028; it is expected to grow at a CAGR of 5.9% during the forecast period. 

Electric three-wheeler manufacturers are trying to invest more on R&D activities for embedding latest technologies, such as global positioning system (GPS) for navigation and solar-powered engines for deriving electric power for the functioning of electric three-wheelers. GPS suggests best route to the destination, thereby saving a considerable amount of time. Further, it shows traffic status on alternative routes along with estimated time to reach the location. Omega Seiki Mobility expanded its electric three-wheeler range in November 2020 with the introduction of three new smart EVs aimed at both the B2B and B2C segments. Omega Seiki's new electric vehicle line includes simulation software, telematics, and a GPS system. The introduction of technologies such as solar-powered electric three-wheelers allows the charging of batteries through solar energy on the go, during daytime. Thus, there is no concern of shortage of batteries and related components. For instance, in December 2016, Lohia Auto debuted its latest eco-friendly vehicles—Humrahi, a solar-powered rickshaw, and Narain, a hydraulic tipper e-rickshaw—at the EV Expo 2016 in Delhi, India. Lohia Auto also unveiled India's first electric three-wheeler rickshaw, which was designed and developed in-house by the company. Such initiatives are likely to provide growth opportunities to the electric three-wheeler market during the forecast period.

Asia Pacific region held the largest share of the electric three-wheeler market in 2020. In 2018–2019, when other auto segments experienced a slow demand growth rate, compared to previous years, sales for electric three-wheeler segment grew considerably. Further, APAC is characterized by large population and emerging economies such as China, India, South Korea, Indonesia, Thailand, and Vietnam. The large share of the region in the global electric three-wheeler market is attributed to the increasingly high pace of urbanization and escalating prices of fossil fuels. Also, government initiatives to boost the electrification of vehicles are further driving the adoption of electric three-wheelers in APAC.

Companies profiled for Electric three-wheeler market are Bodo Vehicle Group Co., Ltd., Nobe Cars, Piaggio & C. SpA, Mahindra Electric Mobility Limited, Terra Motors, Kinetic Green Energy & Power Solutions Ltd., LOHIA AUTO INDUSTRIES, E-Tuk Factory, Goenka Electric Motor Vehicles Private Limited; and JIANGSU KINGBON VEHICLE CO., LTD.

Impact of COVID-19 Pandemic on Electric Three-Wheeler Market

The COVID-19 outbreak has severely disrupted the supply chain and manufacturing of electronics equipment, including the hardware components of electric three-wheelers. On the basis of the emergence of COVID-19 virus across the world, followed by lockdown scenarios, the automotive industry experts have predicted that the industry would face at least a quarter of lag in electronics equipment supply chain. The electronics equipment and automotive industry is likely to pick up pace soon after the governments lift the various containment measures, which would help revive the economies. The production of the electronics equipment and automotive products is anticipated to gain pace from 2021, which is further foreseen to positively influence the electronics equipment and automotive manufacturing, including hardware components of electric three-wheelers.

AIOps Platform Market Trends, Current Demand, and Business Opportunities

 According to The Insight Partners’ research, the global AIOps Platform Market was valued at US$ 2,227.7 million in 2020 and is likely to reach US$ 19,933.5 million by 2028 to propagate at an annual growth rate of 32.2% from 2021 to 2028. Information technology exceeding human scale and the need for resource optimization are the potential factors attributed to the market expansion.

The traditional ways of controlling IT complexity with offline and manual activities do not operate any longer. It is not feasible to track and manage such complex systems by manual intervention. For many years, information technology (ITOs) exceeded human scale making the ecosystem critical. Companies started seeking a highly automated setup to enhance new product development by leveraging classified data. This spurred the need for AIOps platform to fulfill the industrial demands. AIOps consolidate all operations and applications into a single management portal with a simple dashboard view. Besides, it performs 90% of the operative part keeping the human interaction confined to only 10% of the entire task.

Installation of AIOps platforms automates the processes, thus negating human efforts. This resulted in the most efficient use of resources, which surged the need for resource optimization. With the help of AIOps, diverse technologies can be integrated and overhead time can be reduced effectively. Corporate automation optimizes the use of resources by discarding manual quality assurance (QA) and execution processes. AIOps with communication tools make it easier for teams and personnel to manage projects remotely. All these benefits together catalyze the global AIOps platform market.

Despite the driving parameters, the concerns regarding the adoption of modern solutions over traditional methodology hurdle the growth of the global AIOps platform market.

Based on component, the AIOps platform market is segmented into platforms and services. The former held 76.5% market share in 2020, generating US$ 1,703.1 million. It is estimated to garner US$ 15,681.9 million by 2028 to expand at a CAGR of 32.6% during 2021–2028.

As per deployment, the AIOps platform market sphere is arrayed into on-premises and cloud-based. With 63.5% market share, the cloud-based segment mounted US$ 1,414.6 million in 2020. Further, it is projected to hit US$ 13,170.2 million by 2028 to grow at 32.8% CAGR during the forecast period.

According to organization size, the global AIOps platform market is split into small & medium enterprises (SMEs) and large enterprises. The large enterprises segment occupied 68.6% market share in 2020. It accrued US$ 1,527.6 million in 2020 and is slated to amass US$ 12,952.0 million by 2028 to rise at a CAGR of 31.3% along the forecast period.

In terms of vertical, the AIOps platform market domain is categorized into BFSI, IT & telecom, manufacturing, government, and others; of which, the BFSI segment captivated 36.8% market share in 2020. It was evaluated at US$ 819.7 million in 2020 and is forecasted to be worth US$ 7,042.5 million by 2028 to exhibit a CAGR of 31.5% throughout the forecast period.

Regionally speaking, North America led the market, capturing 43.7% of the total business share in 2020. It stood at the valuation of US$ 972.8 million in 2020 and is likely to hit US$ 8,810.6 million by 2028, featuring a CAGR of 32.4% over the forecast period. Meanwhile, Asia Pacific registered the highest CAGR at 34.2% and accounted a sum of US$ 461.9 million in 2020 and is supposed to be worth US$ 4,664.4 million by 2028.

The prominent players profiled in the global AIOps platform market report are BMC Software, Inc; IBM Corporation; AppDynamics; Broadcom Inc; Dynatrace LLC; HCL Technologies; Micro Focus; Moogsoft Inc; Resolve Systems, LLC; and Splunk, Inc, among others.

• In June 2020, BMC Software introduced Automated Mainframe Intelligence (AMI), an AI-driven solution that uses machine learning to detect anomalies and maximize the lead time to prevent mainframe issues from becoming business problems.
• In November 2021, IBM Corporation collaborated with NeuReality to develop artificial intelligence (AI) interference platforms. The partners will evaluate NeuReality products, including system flows, AI use cases, networking, virtualization, security, in IBM’s hybrid cloud.
• In December 2020, Broadcom Inc launched the latest generation of AIOps, an open platform with artificial intelligence, machine learning (ML), and end-to-end observability that assist organizations in achieving operational excellence.

Automated Waste Collection System Market Size Incredible Possibilities And Growth Analysis

According to our latest market study on “Automated Waste Collection System Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type (Stationary and Mobile); End-user (Airports, Educational Institutions, Hospitals, Corporate Offices, Hotels / Restaurants, and Others), the market was valued at US$ 234.88  million in 2020 and is projected to reach US$ 365.37 million by 2028; it is expected to grow at a CAGR of 5.9% from 2021 to 2028. 

Europe drove the global automated waste collection system market with 42.1% income share in 2020, trailed by APAC and North America. The European region includes France, Germany, Russia, Italy, the UK, and the Remainder of Europe. The European market is a profoundly different market with a gathering of in excess of 40 nations in it. Western European nations are further developed compared to the NORDIC and other Eastern European nations. Therefore, there are more turns of events and advancements in the field of automation in the western part of Europe. On the other hand, economically strong nations like Germany, Italy, the UK, and Spain have witnessed significant growth in the implementation of automation solutions. Healthcare, automobile industry, food and beverage processing industry, commercial spaces like airports, and other public entertainment places are the greatest end users of automated waste collection systems.

In 2020, APAC stood second in the automated waste collection system market with a respectable share and it is anticipated to witness a steady CAGR from 2021 to 2028. APAC comprises India, China, Japan, Australia, South Korea, and Rest of APAC. Nations like Japan, India, China, Australia, Singapore, Taiwan, and Indonesia have a plethora of manufacturing industries owing to a different sector that includes electronics, food and beverage, chemicals, material, automobiles, and healthcare. Throughout the long term, the manufacturing spending of the region has grown significantly, and it is further anticipated to grow at the most elevated estimated growth rate. The amount of waste created by these industries has increased significantly throughout the long term. Owing to this reason, these industries have encountered an enormous change in the adoption of automated waste management systems. The Asian manufacturing sector is known to rapidly adopt innovation that include mechanical technology along with the emerging cloud and mobility advancements.

Further, improvements of smart cities in India and digitalization of industries are influencing the adoption of automated solutions across all verticals including waste management. Besides, rapid urbanization across the region has prompted an increase in municipal waste generation. As of late, electronic waste and plastic waste have added significantly to the overall waste stream. Untreated waste is unloaded in random locations in the edges of towns and villages, contaminating groundwater and polluting the air. Thus, there is a growing need to find blind spots in waste collection and transportation to increase effectiveness. Thus, these factors are influencing the requirement for automated waste collection and management systems across the region.

Impact of COVID-19 Pandemic on  Automated Waste Collection SystemMarket

The automated waste collection system manufacturers in the region, however experienced limited tremors as the governments in the region encouraged municipalities and private organizations to invest towards smart and intelligent waste or garbage collection and sorting solutions. Since, the residential waste volumes increased substantially, the demand for automated waste collection systems among the residential sector soared. However, due to disruption in supply chain caused by the limitation of human movements, resulted in slower deployment and installation of the AWCS in the US, Canada, and Mexico. This followed slower than usual revenue growth trend in the North American automated waste collection systems market.

Dairy Ingredients Market Research Insights Shared in Detailed Report

According to our latest market study, titled "Dairy Ingredients Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type (Protein, Milk Powder, Milk Fat Concentrates, Lactose & Lactose Derivatives, and Others) and Application (Food & Beverages, Animal Feed, Pharmaceuticals & Nutraceuticals, and Personal Care)," the market was valued at US$ 85,684.15 million in 2021 and is projected to reach US$ 105,295.16 million by 2028. It is expected to grow at a CAGR of 3.0% from 2021 to 2028.

Dairy ingredients incorporate milk powder, whey protein and casein, milk fat concentrates, lactose, and subordinates. Milk powder is delivered by pasteurizing, evaporating, and spray drying whole milk. The spray-dried milk powder is utilized in dry baking blends, candy parlors, flavor blends, and beverages. Whey protein is the result of cheddar and is thought and spray-dried into a powder. Dairy ingredients are widely utilized across food and beverages, drugs and nutraceuticals, creature feed, and individual consideration businesses.

In the food and beverage industry, dairy ingredients track down applications in bread shop and ice cream parlor items, frozen pastries, dairy items, beverages, and newborn child recipe. Dairy ingredients, for example, whey protein disengages and thinks, whey powders, and demineralized whey, are utilized in bread shop items to work on their surface and morsel strength. Whey proteins are broadly used to make protein supplements. Whey protein is viewed as one of the critical wellsprings of fundamental amino acids that assistance in further developing muscle strength. It is additionally advantageous for forestalling age-related muscle misfortune. Hydrolyzed milk protein is a successful hair conditioner that infiltrates the cortex, raising dampness levels and improving the hair's adaptability. It is likewise utilized in body care items like body creams, lotions, cleansers, and body washes since it hydrates the skin and gives it a characteristic sparkle. The rising demand for whey proteins across different end-use enterprises is probably going to fuel the market development over the forecast period.

Key players in the global dairy ingredients market include Agropur, Arla Foods Ingredients Group P/S, Lactalis Ingredients, Frieslandcampina, Saputo Inc., Fonterra Co-Operative Group Limited, Kerry, Amco Proteins, Prolactal, and Glanbia Ireland, among few others.

Impact of COVID-19 Pandemic on Dairy Ingredients Market

The COVID-19 pandemic has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The food & beverage industry is one of the leading industries, suffering severe disruptions, such as supply chain breaks and shutdowns of production plants due to the pandemic. The pandemic adversely affected the dairy industry owing to the raw material and labor shortage. Many small-scale dairy manufacturers faced a financial crisis due to the shutdown of manufacturing units. However, dairy ingredients, especially dairy proteins, witnessed significant demand due to increased health concerns. People increasingly preferred immunity-boosting food products and supplements, which propelled whey proteins. These factors positively boosted the growth of dairy ingredients market. Furthermore, with the rising vaccination rates and relaxation of government restrictions, the dairy ingredients market is expected to register positive growth over the coming years.

Industrial Starch Market is Set to Grow According to Latest Research

According to our latest market study on "Industrial Starch Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type (Native Endlessly starch Derivatives and Sweeteners), Source (Wheat, Corn, Potato, Cassava, and Others), and Application (Food and Beverages, Pulp and Paper, Animal Feed, Pharmaceuticals, and Others)," the market is expected to grow from US$ 67,353.01 million in 2022 to US$ 98,426.74 million by 2028; it is estimated to grow at a CAGR of 5.5% from 2022 to 2028. The report highlights key factors driving the market growth and prominent players and their key developments in the market.

Starch is a naturally occurring, biodegradable, economic, and abundantly available polysaccharide particle. It is broadly distributed in the type of tiny granules as the major save carbohydrate in stems, grains, roots, and fruits of all types of green-leafed plants. Cereal grains, like corn, wheat, sorghum, and tubers, and roots, like potato, tapioca, and arrowroot,, are a portion of the commercial sources of starch for industrial exploitation. Industrial starch has various functional characteristics, including thickeners, sizing, stabilizers, fat replacers, and binding in various food and non-food applications. Industrial starch is manufactured using various sources, including cassava, corn, potato, and wheat. Besides, starch derivatives are used as a successful fermentation base for the mass production of various biotechnological items like vitamins, organic acids, hormones, and antibiotics.

Starch can be used to create bioplastics because of its high polysaccharide content. Amylose in starch causes retrogradation and gelatinization, which are crucial for film formation. In addition, the thermoplastic properties of starch are favorable for bioplastic production. The biodegradability of starch-based plastics makes them a sustainable alternative to conventional petrol based plastics. Manufacturers are investing in research and advancement to foster starch-based bioplastics with properties that look like conventional plastics. For instance, in December 2018, AGRANA Beteiligungs-AG, an Europe-based manufacturer of industrial items, fostered a bioplastic with a 50:50 mix of thermoplastic starch and biodegradable polyester. According to the TÜV-affirmed manure test, the item is totally biodegradable and leaves no microplastic buildups. Thus, the increasing use of starch for the improvement of industrial bioplastics and biodegradable materials is expected to create lucrative opportunities in the industrial starch market during the forecast time frame.

Although in 2021, the food industry held the largest share of the industrial starch market, industrial starch is also increasingly used in various other end-use applications, such as building materials, paper, pharmaceuticals, and cosmetics. In addition, native starch is used in a variety of applications. However, due to its structure, it is restricted in some applications such as building materials, paper, cosmetics, and pharmaceuticals. Industrial starches are used in different food types such as baby foods, baked food, snacks, and confectionaries. The demand for industrial starch is increasing for bakery and other convenience food products. Due to their functional properties, native starches are considered essential ingredients in the industry. Some key functions include shelf-life extension, preventing undesired hydration, rendering the desired texture and mouthfeel, and encapsulating other ingredients.

Agrana Beteiligungs-AG; ADM; Ingredion Incorporated; Roquette Frères; Tereos Group; Cargill, Incorporated; Tate & Lyle PLC; Grain Processing Corporation; Royal Cosun; and AVEBE are among the key players that collectively hold the majority of the industrial starch market share.

Impact of COVID-19 Pandemic on Industrial Starch Market

The COVID-19 pandemic led to adverse effects on the global food and beverage industry due to the shutdown of manufacturing facilities, challenges in procuring raw materials and components, and restrictions on logistic operations. Disruptions in the supply of raw materials to manufacturers and containment measures hampered industrial starch production. The discontinuation of operations and value chains due to the shutdown closure of national and international boundaries hampered the growth of the packaging, consumer goods, automotive and transportation, textiles, and building & construction industries. However, many businesses started gaining ground as governments worldwide eased out the previously imposed restrictions from 2021. Further, end-use industries are increasingly focusing on using eco-friendly and sustainable products, encouraging manufacturers to focus on developing industrial starch products.

Industrial Starch Market Size, by Region, 2021

The "Industrial Starch Market Analysis to 2028" is a specialized and in-depth study of the food & beverage industry, focusing on the industrial starch market trend analysis. The report aims to provide an overview of the industrial starch market with detailed segmentation. The industrial starch market is segmented on the basis of type, source, application, and geography. Based on type, the market is segmented into native starch and starch derivatives & sweeteners. Based on source, the industrial starch market is segmented into wheat, corn, potato, cassava, and others. Based on application, the industrial starch market is segmented into food & beverages, pulp & paper, animal feed, pharmaceuticals, and others. Based on geography, the industrial starch market is segmented into five main regions North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In 2021, Asia Pacific dominated the industrial starch market.

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