Global Citrus Flavors Market to Witness CAGR of ~5% Increase in Value Share During the Forecast Period 2019-2029

The global citrus flavors market is expected to reach ~US$ 2 Bn by 2019-end, expanding at a CAGR of ~5% during the forecast period of 2019-2029.

Increasing demand for new and unique flavors is projected to contribute to the growth of the citrus flavors market through 2029. When it comes to forming new flavor blends with exotic citrus fruits and tropical fruits, the prospects are endless. Citrus flavors can be easily paired with floral flavors, which are increasingly being used in a variety of products. Fruits such as kiwi, strawberry, pineapple, mango, cucumber, and others are being paired with citrus and other tropical flavors, to complement the healthier trends among today’s consumers.

Key Takeaways from Citrus Flavor Market Study

• New trends and applications for citrus flavors are diverse and include a resurgence in the flavored alcoholic beverages sector, savory snacks, sweet goods, dairy products, and others.
• Growing economic and political stability, increasing urbanization, sprung in the number of working population, and rapidly developing infrastructure across the Asia Pacific and Latin America regions signify high growth prospects of the citrus flavor market.
• The establishment of efficient supply chain management and distribution channels is ensuring the availability of a wide range of citrus flavors in developing economies that further add to the growth potential of the market in these regions.
• The sweet, sour, and refreshing taste, as well as richness in vitamins and nutritional values of citrus flavors are likely to account for the greater gains in the market.
• The consumption of citrus flavors for alcoholic beverages is expected to account for relatively high sales, in the view of increasing customer demand for exotic and adventurous tastes.
• PMR predicts that the demand for natural citrus flavor will increase with a striking CAGR of ~ 5% through 2019.
• Diseases and infections on citrus plants such as citrus greening, sapling wilt, and others, are expected to represent potential threat to the steady growth of the market.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/30755

“Citrus flavors are considered a valuable ingredient in food and beverage industries due to their enriched benefits for imparting a natural taste & flavor to the final product. New trends and diverse applications of citrus flavors, especially in the flavored alcoholic beverages including fine spirits and malted beverages categories are being observed in the recent times,” says a PMR analyst.

Strategic Alliances and Product Innovations to Create Growth Opportunities

As F&B industry go natural and organic, companies operating in the citrus flavors market are focused on innovation and investments in R&D activities, with the aim of offering high-quality products to food and beverage manufacturers.

Manufacturers are also targeted towards expanding production facilities and entering into strategic alliances/partnerships with regional flavor and food manufacturers to increase their profit margin and achieve a stronger global footprint.

Find More Valuable Insights on Citrus Flavors Market

Persistence Market Research, in its new offering, presents an unbiased analysis of the global citrus flavors market, offering historical demand data (2014-2018) and estimation statistics for the period of 2019-2029. The study reveals comprehensive insights on the citrus flavor market, on the basis of type (orange, lemon, lime, grapefruit, and others), nature (natural, artificial), application (beverages, savory, sweet goods, dairy, and others), and region (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa).

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/30755 

To gain better understanding of the citrus flavors market, consult an expert analyst.

About the Food & Beverage Division at Persistence Market Research

With a repertoire of over 1000 reports and 1 million plus data points, the food innovation team at Persistence Market Research tracked ever-evolving consumer as well as industrial trends to offer essential insights and consulting analysis that will help fulfill the unique business intelligence needs of clients worldwide. Our catalog contains latest statistics and analysis of the global food & beverages industry; reach out to explore how we help every client.

Global Intelligent Speakers Market to Witness CAGR of ~29% Increase in Value Share During the Forecast Period 2019-2029

The intelligent speakers market is expected to grow ~29% annually through 2029. Apart from just producing audio output, intelligent speaker includes advanced features such as voice assistant, and allows users to make to-do list, set alarms, and gain access to real time information.

PMR reports that the global intelligent speakers market generated a revenue of ~US$ 8,355 Mn in 2018. Rapid advances in disruptive technologies such as IoT and Artificial Intelligence have been impacting the growth of the intelligent speakers market. Incessant rise in demand for smart home devices has led to an increase in the adoption of multifunctional devices, and the result is likely to lead to surge in sales of intelligent speakers.

Key Takeaways from the Intelligent Speakers Market Study

• Rapid penetration of digital technologies and smart devices in both residential and commercial areas has been weighing on a same scale as the rising demand for intelligent speakers.
• Increasing adoption of online audio listening, especially among the millennial demographic, is likely to impact the growth of the intelligent speakers market.
• With the advancements of technologies, the quest of assistant which listens to consumers’ calls, anticipates their needs, and takes action when necessary has been on the rise, thereby potentially raising the demand for intelligent speakers.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/30759

• PMR reports that demand for Alexa will increase with striking CAGR of ~33% through 2029.
• While North America continues to offer greater opportunities for the intelligent speaker manufacturers, growth prospects of the market will increase in APEJ, in the view of macro factors such as urbanization and increased disposable income.

“As the quest of ‘convenience’ intensifies, today’s consumers are continuously leveraging smart devices that use several types of connectivity to perform a wide range of functions. The demand for intelligent speakers will continue to be quite strong going forward, on the account of deploying voice-activated digital assistant that can operate every home automation hub,” says the PMR analyst.

Ever-increasing Demand for Smart Devices Promoting the Market Growth

Several devices can be operated by intelligent speakers including TV, air conditioners, and refrigerators, and other accessories. Increasing penetration of smartphones, has led to surge in the demand for supportive accessories, ultimately resulting in increasing sales of intelligent speakers. Given consideration to evolving demand and significant advances in wireless technologies, manufacturers are specifically focusing on increasing the production of portable intelligent speakers.

For instance, in September 2018, Amazon introduced new Alexa features which include a number of entertainment features such as TIDAL, Amazon music new release notification, and right-left stereo pairing.

Find More Valuable Insights on Intelligent Speakers Market

PMR, in its new study, provides historical growth analysis of the intelligent speakers market (2014-2018) along with forecast statistics in terms of both value and volume for the period (2019-2029). PMR studies the intelligent speakers market on the basis of devices (Alexa, Google Assistant, Siri, and others), distribution channel (organized retail, unorganized retail, and online/e-commerce), and application (residential and commercial) across the globe.

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/30759

To gain deeper understanding of key trends impacting the intelligent speakers market, consult an expert analyst.

About the Electronics and Smart Devices Division at Persistence Market Research

Expert analysis, actionable insights, and strategic recommendations – the Electronics and Smart Devices team at Persistence Market Research helps clients worldwide with their unique business intelligence needs. With a repository of over 500 reports on conventional as well as latest electronics and smart device, the team has consistently tracked and analyzed the evolving dynamics of consumers’ demand and technologies. Get in touch to explore how we can help.

Global Encapsulated Flavors Market to Witness CAGR of ~5% Increase in Value Share During the Forecast Period 2019-2029

The encapsulated flavors market is expected to witness a steady growth of ~5% annually through 2029, driven by a notable rise in the use of encapsulated flavors in F&B products for their exceptional capabilities and functional properties. Global sales of encapsulated flavors are estimated to reach a value of ~US$ 3.7 Bn in 2019 and a sweeping ~US$ 6.2 Bn by the end of 2029. Improved functional properties such as stability and heat resistance are propelling the demand for encapsulated flavors in the food & beverage industry.

Increased stability of encapsulated flavors prevents the flavor from interacting with other elements in final products, which further prevents any change in food properties such as texture and color. In addition, improved oxidative and heat resistant properties help protect the flavor from heat during processing, reduce volatility/evaporation of molecules, and eliminate product degradation caused by air.

Key Takeaways from Encapsulated Flavors Market Study

• Consumption of encapsulated flavors in beverage and instant drinks industry will continue to account for relatively high sales.
• Growing application encapsulated flavors in the pharmaceutical industry for manufacturing of products such as syrups, ORS, and other medicines is likely to result in increased market share.
• Chocolate encapsulated flavors remains highly preferred product among the end users, with a revenue share of ~24%.
• Technical and procedural restrictions in the glass encapsulation process are forcing manufacturers to opt for other technologies such as spray drying and spray chilling.
• Despite holding relatively less revenue share, South and East Asia markets for encapsulated flavor are projected to show the significant growth of ~8% and ~7% respectively through 2029.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/30757

“In the dynamic cluster of various industries, the increasing demand for functional beverages and instant drinks with nutritional ingredients will benefit the encapsulated flavors market. In addition to focusing on extended portfolio through the innovative technologies, manufacturers are continuously targeting the developing economies to achieve stronger footprint,” says PMR analyst.

Penetrating Price-Sensitive Regions through Competitive Pricing Strategy

Considering the relatively high cost associated with encapsulated flavors as compared to free flavors, it is quite difficult for companies to penetrate into price-sensitive economies including various countries in Asia Pacific. However, the emergence of cost-efficient technologies to formulate encapsulated flavors has been prompting manufacturer to explore the untapped markets by offering products at affordable prices.

On the other hand, factors such as increasing production costs and erratic supply of raw materials in developing as well as established markets are leading to reduced production per unit. These attributes tend to increase strain on the market players to meet the demand. Thus, improper alignment between supply and demand is likely to hamper the encapsulated flavors market growth.

Explore More Valuable Insights on Encapsulated Flavors Market

Persistence Market Research, in its new study, reveals an impartial analysis of the global encapsulated flavors market, presenting historical data (2014 - 2018) and estimation statistics for the period of 2019 - 2029. The study presents compelling insights on the encapsulated flavors market based on encapsulation process (spray drying, spray congealing/chilling, fluid bed coating, glass encapsulation, and others), flavor (citrus, berries, spices, nuts, general fruits, exotic fruits, chocolate, vanilla, and others), and application (bakery and confectionery, cereals and oatmeal, snack food, frozen food, dairy, beverages and instant drinks, pharmaceutical & personal care, and others) across seven regions.

To gain deeper understanding of various aspects and nuances of the encapsulated flavors market, consult an expert analyst.

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/30757 

About Food & Beverage Division at Persistence Market Research

With a repertoire of over 1000 reports and 1 million plus data points, the food innovation team at Persistence Market Research tracked ever-evolving consumer as well as industrial trends to offer comprehensive insights and consulting services that will help meet unique business intelligence needs of clients worldwide. Our catalog contains latest statistics and analysis of the global food & beverages industry; reach out to explore how we help every client.

Global Surgical Drill Bits Market to Witness CAGR of ~5% Increase in Value Share During the Forecast Period 2019-2029

The global surgical drill bits market is anticipated to grow at CAGR of 5% over the period of 2019-2029, owing to rise in adoption of surgical drill bits in neurosurgery such as craniotomy. In 2019, global sales of surgical drill bits is estimated to reach a value of ~US$ 230 Mn.

PMR reveals that around 7 million people in the U.S. required hospitalization due to orthopedic conditions, of which 10% of patients have orthopedic impairment issue, leading to an upsurge in the demand for surgical drill bits.  The American Academy of Orthopaedic Surgeons stated that on an average 29 surgeries performed in a month by orthopedic surgeons are related to sport injuries are bone fractures which require surgical drill bits.

Key Takeaways from the Surgical Drill Bits Market Study

• Standard solid surgical drill bits continue to account for major share of the manufacturers’ bottom lines, while more focus has been placed on increasing the production of cannulated drill bits, as they efficiently aid in minimal access surgery and newer requirements such as cost effectiveness and improved tactile advantages.
• Adoption of single use surgical drill bits has been gaining momentum in developed economies, owing to high healthcare expenditure and availability of favourable reimbursement scenario.
• The North American and European regions are expected to collectively account for ~60% of revenue share of the surgical drill bits market.
• India, China and Brazil are top three developing markets for surgical drill bits, which are estimated to gain ~10% of the revenue share of global surgical drill bits market in 2019.

“Increasing incidences of orthopedic disorders such as osteoporosis, spinal deformities, and spinal injuries are primarily responsible for the growth of the surgical drill bits market. With the rise of minimally invasive and robotic surgeries, the war of innovation supremacy among the manufacturers is likely to be quite strong going forward,” says the PMR analyst.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/24085

Tier 1 Players to Account for Half of the Total Revenue Share

Dentsply Sirona, Arthrex Inc., Zimmer Biomet, Integra Life Sciences and Stryker Corporation are leading players of surgical drill bits market. In 2018, these top five players accounted for over 55% share in the surgical drill bits market. Dentsply Sirona remains the leading supplier of surgical drill bits, backed by the company’s reliance on inorganic growth strategies and expansion of its territorial reach and business. Other key market participants such as Arthrex, Inc. and Zimmer Biomet collectively account for a prominent market share owing to their emphasis on product innovation and collaborations with hospitals and orthopedic surgeons.

Find More Valuable Insights on Surgical Drill Bits Market

Persistence Market Research offers a unique perspective and actionable insights on the surgical drill bits market in its new study, presenting historical demand assessment from 2014 – 2018 and projections from 2019 – 2029 on the basis of product (standard solid drill bits, cannulated drill bits, and calibrated drill bits), function (cutting, tapping, marking, and shaping), application (orthopedic surgery, neurosurgery, dental surgery, general surgery, and veterinary), and end user (hospitals, office based clinics, ambulatory surgical centers) in seven key regions.

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/24085 

Persistence Market Research’s Expertise in Life Sciences & Transformational Health

Persistence Market Research homes a team of industry analysts comprising management graduates, medical professionals, engineers, and project managers which focuses on continuous tracking and analysis of evolving trends in life science and transformation health sphere. The team provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.

Global Polyethylene Wax Market to Witness CAGR of ~5% Increase in Value Share During the Forecast Period 2019-2029

The recent report on the global polyethylene wax market published by PMR offers a comprehensive analysis of the global market. The polyethylene wax market reached ~US$ 770 Mn in 2018. According to the research report, the polyethylene wax market is expected to grow at ~5% CAGR in terms of value over the forecast period. Rising demand for polyethylene wax in end-use industries such as paints & coatings, adhesives, printing ink, and candles along with its growing application in the construction industry are anticipated to fuel the growth of the polyethylene wax market during the forecast period.

Polyethylene wax has a relatively higher melting point, and it is used as an additive for hot melt adhesives, as a lubrication and processing aid for plastics, PVC, and rubber, and as a dry stir-in additive for ink, etc. Further, it is used in textile emulsion, as a wax portion in polish formulation, and a lubricant in PVC extrusion.

According to the detailed study by PMR, the superior properties of polyethylene wax have contributed to its wide range of applications across the end-use industries including paints & coatings, hot-melt adhesives, inks, plastic additives, paper, polishes, textiles, wax blends, personal care products, and others which have positively impacted the growth of the polyethylene wax market. Additionally, high demand for polyethylene wax for food packaging industry is expected to boost the market growth throughout the forecast period.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/24958

Significant demand for polyethylene wax manufactured from the polymerization process is strengthening the growth of the polyethylene wax market over the forecast period. The market value of the global polyethylene wax market is estimated to be ~US$ 810 Mn by 2019 end, and is forecasted to reach ~US$ 1,300 Mn by the end of 2029.

East Asia Remains in the Vanguard

As a result of steady demand for polyethylene wax from the growing industrialization and rapidly expanding end-use industries, East Asia is expected to hold a noticeable market share of the global polyethylene wax market, in terms of both value and volume. Moreover, the Asia Pacific market’s dominance is projected to remain constant over the forecast period, followed by Europe and South Asia, where the polyethylene wax market is expected to grow at a noteworthy rate.

Key manufacturers involved in the production of polyethylene wax are strongly focusing on expansion activities in order to generate more revenue, for instance Trecora Resources signed an agreement with SSI Chusei Inc. – a US base PE wax manufacturer, to acquire 100% stakes of the company, which is anticipated to raise the production capacity of polyethylene wax.

Demand Bolstered by Multifarious Applications in Adhesives and Coatings

PMR found that polyethylene wax is suitably employed in the adhesives and coatings industry for a variety of applications. Polyethylene wax is a low molecular weight polyethylene polymer that is used for improving and enhancing the process parameters and properties of finished products in in the plastic industry. It is being used in several applications as a slip agent, resin modifier, mold release agent, processing aid for hot-melt adhesive composition, for improving physical appearance and thermal properties. It is also added to coatings and inks to resist adhesion, scratches, and increase smoothness.

Cost Effectiveness & High Productivity – Dual Drivers for PE Wax Demand

Cost effectiveness of polyethylene wax is a key factor boosting its demand over the years. The other options available in the market, such as Fischer-Tropsch wax and others, have much lower viscosity and higher prices as compared to polyethylene wax. Prominent companies have developed processes to produce polyethylene wax using paraffin bases as a replacement to petroleum ones, and the use of such alternative raw materials for oxidized polyethylene wax, has benefited manufacturers by overruling the price imbalance caused due to ethylene costs.

 Polyethylene Wax Market: Competition Landscape

Some of the prominent market participants of the global polyethylene wax market operating at international and domestic levels are as follows:

• BASF
• Mitsui Chemicals America, Inc.
• Clariant International
• Honeywell International
• Trecora Resources
• EUROCERAS
• Westlake Chemical Corporation
• The Lubrizol Corporation
• Qingdao Haihao Chemical Co.,Ltd
• Yimei New Material Technology Co., Ltd
• Darent Wax Co.Ltd

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/24958 

With a large number of market participants in the global polyethylene wax market, the competition among these players is intense. The market players are differentiated on the basis of tier structure ranging from Tier 1 to Tier 3. Some of the players such as BASF, Clariant AG, Honeywell International, along with other key players, are categorized under Tier 1 players of the global polyethylene wax market. To expand product offerings, market leaders are collaborating with other market players.

Global Digital Signature Market to Witness CAGR of ~21% Increase in Value Share During the Forecast Period 2019-2029

The global digital signature market valued reached ~USD 1,400 Mn in 2018, according to a recently published report by Persistence Market Research (PMR). As per the report, the global digital signature market is anticipated to grow by ~ 18% year on year in 2019. Digital signature works on the premise that security of the data is ensured once the document has been digitally signed. Many legislations have been introduced which are generally used to deal with electronic documents and digital signatures. Thus, the adoption of digital signature has witnessed noteworthy growth in legal proceedings.

As per the report, adoption of digital initiatives by organizations, supportive norms and regulations, improved efficiency, and error reduction will continue to drive the growth of the digital signature market throughout the forecast period. Currently, businesses around the world are shifting from paper and opting for digital signature instead, as it can offer significant benefits to enterprises as well as to the environment. Integration of new technologies such as IoT, Machine Learning and Artificial Intelligence will continue to propel the demand of digital signature software. Moreover, ability of digital signature solutions to focus on safeguards against security breach will fuel the sales of these solutions in 2019 and beyond.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/10574

Gains Underpinned by Increasing Demand for Digital Signature Solutions in SMEs

According to the latest study by PMR, most of the companies are switching from manual systems to integrated solutions that manage all the quality-related processes and data in one comprehensive model. Organizations and companies are interested in adopting the technology and are constantly focusing on implementing convenient and trusted digital signature solutions, which do not increase the complexity of workflows. Thus, the digital signature solution providers with an ability to fulfil the needs through innovative offerings will have a substantial competitive advantage over other solution providers in the digital signature market.

As per the PMR research study, the digital signature market is poised to create an incremental opportunity of ~ US$ 9,500 Mn during the stipulated timeframe. Digital signature software continues to account for relatively high share of the stakeholders’ bottom lines, as compared to services. However, contribution of revenue generated through services is estimated to grow in regions with high demand for digital signature solutions.

Tapping into Opportunities in Healthcare Sector

The trend to digitize and transform the healthcare sector is accelerating. The healthcare sector has been witnessing an increasing shift towards paperless options for various daily processes, thus significantly driving the growth of the digital signature market. Some processes include contracting and procurement, medicare billing, patient onboarding, and others. In addition, digital signature in healthcare sector ensures safety and integrity of personal information of patients, which reduces the incidence of data and information theft and unauthorized access. Thus, digital signature solution providers remain targeted towards the healthcare industry.

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/10574

Tier-1 Players to Account for 20% Revenue Share in Digital Signature Market

PMR opines that the global digital signature market shows a fair level of fragmentation, with a large number of regional players. PMR has segregated the market structure into three tiers: Tier 1, Tier 2, and Tier 3 for deep-down analysis. Tier-1 digital signature providers account for around 18%-20% of the overall market. Tier-1 vendors are the most experienced and largest in the industry, and have a vast regional coverage across the globe. These vendors are collaborating and partnering with new players in the market to expand their distribution channel. Tier-3 digital signature providers are fairly new in the market and are mostly local and regional players. As Tier-3 players have a limited presence in the market, they constantly keep themselves updated with the latest technology and are growing at a rapid pace.

Global Architectural LED Products Market to Witness CAGR of ~14% Increase in Value Share During the Forecast Period 2019-2029

Worldwide sales of architectural LED products reached ~USD 7,136 Mn in 2018 according to a recently published report by Persistence Market Research (PMR). As per the report, the global architectural LED products market is anticipated to grow by CAGR of ~14% year-over-year in 2019.  Government regulations related to the construction of artistic buildings across various regions have been fueling the demand for efficient lighting systems from construction and building management companies. Governments in many countries have banned the usage of incandescent lighting products for improving energy efficiency and reducing CO2 emissions. Due to this reason, construction companies are encouraged to deploy LED lighting systems, following government regulations on low carbon emission and energy saving.

As per the report, factors such as increased lifespan of LED products, government regulations, decreasing cost of LED products, uniformity in the standards will continue to drive the growth of the architectural LED products market throughout the forecast period. Currently, businesses around the world are shifting from incandescent lights and opting for LED lights instead, as they are durable, efficient, and help reduce energy cost. Moreover, architectural LED products use about 50% less electricity than traditional incandescent lights, which makes them more power efficient.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/8074 

As per the PMR research study, the architectural LED products market is poised to create an incremental opportunity of ~ US$ 21,708 Mn throughout the forecast period. Conventional architectural LED products continue to account for major share of manufacturers’ bottom lines, in the view of increasing demand for strip LED products for cove lighting.

Demand Bolstered by Growing Smart Cities Projects

Government organizations are launching several smart city initiatives, which in turn is likely to increase the demand for architectural LED products, as they help reduce energy cost and cast unadulterated light, similar to daylight. Architectural LED products are available in a different colors and temperatures that are suitable for a range of applications. Moreover, increase in demand for energy efficient lighting solution and rising investments in smart city infrastructure such as roadways, parks, and commercial buildings will continue to favor the growth of the architectural LED products market.

Tier-1 Players to Account for 20% Revenue Share

PMR opines that the global architectural LED products market is considered fragmented, owing to the presence of a large number of local players. PMR has segregated the market structure into three tiers: Tier 1, Tier 2, and Tier 3 for deep-down analysis. Tier-1 architectural LED product providers account for ~18%-20% of the overall market. Tier-1 vendors, are the most experienced and largest in the industry and have a vast regional coverage across the globe. These vendors are collaborating and partnering with new players in the market to expand their distribution channel. Tier-3 architectural LED product providers are fairly new in the market and includes mostly local and regional players. As tier-3 players have a limited presence in the market, they constantly keep themselves updated with the latest technology and are growing at a rapid pace.

Request Methodology of this report @  https://www.persistencemarketresearch.com/methodology/8074

For instance, in July 2019, the OSRAM Litch AG introduced high-power LEDs for general lighting with the Osconiq P 3030 that provides long life and excellent brightness and efficiency values in flashlights and work lamps.

Similarly, in October 2018, Cree Inc., introduced its industrial lighting portfolio with the new XB Series Linear High-Bay luminaires. The series includes enhanced efficacy, extended life, which makes it an ideal solution for high ambient temperature, high ceiling, and high profile spaces.

Global Full Service Restaurants Market to Witness CAGR of ~9% Increase in Value Share During the Forecast Period 2019-2029

Persistence Market Research’s report on the full service restaurants market has introduced notable insights about the gradually expanding market growing with a CAGR of 2.3% during 2019 to 2027. The market analysis has revealed that the changing consumer preferences towards restaurants for a meal and rising per capita expenditure for food have led to significant growth of the full service restaurants market. 

The market value of full service restaurants pegged at ~US$ 1,400 Bn in 2018, and the global full service restaurants market and is estimated to grow at a promising rate during the forecast period, owing to the growing food & beverage industry across the globe. In addition, the growing demand for locally sourced food products and the online footprint of restaurants are among the key factors estimated to boost the market growth of full service restaurants over the forecast period.

Asia Pacific is one of the most prominent markets for full service restaurants, owing to significant growth opportunities in the developing countries of the region. The number of online food orders from restaurants is increasing at a remarkable rate in the regional full service restaurants market. The developing countries in the region such as China and India are the centers of some of the most popular cuisines in the world. The rising demand of organized food services and growing trend of out-of-home dining in the markets are expected to boost the growth of full service restaurants market in the Asia Pacific region. Rising income levels, growing internet penetration, and changing consumer preferences are also among the prominent factors forecasted to propel the growth of full service restaurants market.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/30733

Widespread Use of Plastic Money Driving the Out-of-Home Dining Trends

According to PMR study, the growing use of “plastic money” i.e. debit and credit cards has resulted in increasing per capita spending among the consumers. The consumers are seeking out more convenient way of payment to save time, due to which the number of plastic card users is increasing at a significant rate around the globe. The acceptance of plastic money and payment through digital sources has been accepted in almost all the full service restaurants to attract the consumers in the market. Additionally, the incentive such as, cash-back offers and discounts on the plastic card payment options have lured the consumers towards the cashless spending. The full service restaurants are grabbing this opportunity and providing several offers on cashless payment to lure the consumers.

Casual Dining Gaining Traction in the Full Service Restaurants Market

In the full service restaurants the casual dining is more preferred as compared to fine dining. The fine dining is a more expensive and formal food service in the full service restaurants. The fine dining full service restaurants can offer upscale service and more expensive menu options for the consumers. On the other hand the casual dining is a less expensive foodservice, and can provide satisfactory service to the consumers in lower prices. Thus, casual dining is growing at a significant rate, accounting for relatively high share in the global full service restaurants market.

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/30733 

Furthermore, the key market players are focusing on expanding their casual dining chains in the emerging and high growth potential markets. Companies such as, Panera Bread, Noodles & Company, Chipotle, etc. are among the key casual dining full service restaurants in the North America region.

Global Graphite Market research to Witness Significant Incremental Opportunity During 2019-2029

Worldwide sales of graphite reached ~3,100 (‘000 Tons) in 2018, according to a recent report published by PMR on graphite market. According to the study, the graphite market is projected to grow at ~6% CAGR during the forecast period of 2019-2029. Graphite is considered as one of the strongest, thinnest, and stiffest impermeable materials on earth, with good thermal and electrical conductivity, and very high energy efficiency. Commercialization of graphene with application of latest technologies and innovations is expected to lift the graphite market over the stipulated timeframe.

The global graphite market was valued at ~US$ 18 Bn in 2018, and is expected to reach ~US$ 39 Bn by the end of the forecast period.

According to the brief research, China is expected to display remarkable production of graphite in terms of supply, and hold the largest share among all countries across the globe. Besides, the substantial demand for graphite in lithium-ion batteries and increasing demand from the automotive industry, owing to characteristic properties of graphite such as greater energy efficiency, high mechanical strength, and lubrication is expected to bolster the growth of the graphite market.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/3367

For instance, In July 2016, Tesla Motors announced setting up of a gigafactory for production of lithium ion batteries to aid production of 500,000 new electric cars by 2020. Around 72,000 tonnes of graphite is expected to be consumed for the same.

Additionally, according to Benchmark Mineral Intelligence - an agency involved in collection and assessment of data related to lithium ion battery supply chain - demand for graphite is expected to increase 200% during 2016–2020.

Graphene Set to Revolutionize Future Tech

The graphite market is a consolidated market due to the presence of several international market players. Industry players have laid their concentration on key developments such as expansion and research & development, to fulfill the increasing demand for graphite generated from end-users across various regions such as APEJ, Europe, North America, etc.

Graphene is a two-dimensional carbon nano material made from graphite and has various revolutionary properties. Graphene has the potential to revolutionize future technologies and influence various industries, including applications in various industries such as plastic & polymer, medical, coating, marine, chemicals, automotive, and construction.

For instance, according to Wall Street, at the end of May 2013, there were 9,218 patents published on graphene. With such large number of patents, a rise in number of graphene products is expected in the near future, in turn, driving the demand for graphite.

As per PMR’s in-depth market analysis, international and regional players in the graphite market are offering high quality and natural graphite with several characteristic properties. This factor will result in substantial growth of the graphite market in the coming years.

China Leads Gains in the Graphite Market

China is the largest producer of graphite, accounting for over 70% of global production. In 2012, China’s Ministry of Industry and Information Technology (MIIT) released a document titled ‘Graphite Industry Access Conditions’ that comprises government plans and regulations on the treatment of graphite. The document considers graphite to be a rare earth mineral and proposes steps to regulate the market. China is likely to hold a prominent share in the graphite market throughout the forecast period.

Presence of leading market players in the country and merger & acquisition of new entrants are key factors pushing the graphite market growth in China.

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/3367

Graphite Market: Vendor Insights

PMR’s analysis displays innovative insights about the competitive structure of the graphite market and distinguishing methodologies of matured market players. Few of the key players in the market are AMG Advanced Metallurgical Group N.V., Showa Denko K.K., Toyo Tanso Co., Ltd., SGL Carbon SE, Tokai Carbon Co., Graphite India Limited, Nippon Carbon Co Ltd, SEC Carbon, Limited, HEG Limited, GrafTech International Ltd., and Imerys S.A., among others. Furthermore, several major players operating in the graphite market are adopting various strategies related to the demand point of view, from manufacturers and buyers.

Global Flavors into Over-the-Counter (OTC) Pharmaceuticals Market research to Witness Significant Incremental Opportunity During 2019-2029

Preference for fruit flavors in medicines is an ongoing trend in the flavors into over-the-counter (OTC) pharmaceuticals market. The consumption of fruit flavor formulations by leading manufacturers is relatively high as compared to other flavors.

Strong consumer preference for fruit flavors has prompted manufacturers of OTC pharmaceuticals to develop unique formulations using them.

Fruit flavors such as pineapple, strawberry, cherry and orange are mostly preferred flavors for pharmaceuticals. The adoption of flavored pharmaceuticals, especially in medicines for kids, is increasing because of the taste masking effect of these medicines.

Citrus and lemon flavors, followed by fruit flavors, are commonly used by formulators of pharmaceuticals.

Lemon and mint flavors are generally preferred in chewable tablets or gums. Vanilla or other dairy-based flavors are the least preferred flavors, used in medicines.

PMR has also found that the adoption of flavored medicines, among geriatric patients is lesser as compared to those for pediatric patients.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/30665

Outsourcing and Industrial Consolidation – Key Winning Imperatives

The report states that the companies manufacturing OTC pharmaceuticals typically focus on volume, and hence have been shown to be involved in several industrial collaborations. Key players in the flavors into over-the-counter (OTC) pharmaceuticals market are focusing on entering into strategic collaborations and acquisitions of companies operating in related industry to strengthen their position and extend their global reach.

For Example, in 2018, Sensient Technologies Corp. completed the acquisition of Mazza Innovation Limited, a botanical extraction business with patented solvent-free extraction processes, located in Vancouver, Canada.

Similarly, in 2017, International Flavors & Fragrances Inc. acquired “David Michael”, a privately held flavor company. Through this acquisition, International Flavors & Fragrances, Inc. strengthened its flavor market position in North America.

Tapping into Opportunities in Developing Countries

Most of the pharmaceutical players are focusing on developing markets, due to the stagnation of the major markets and presence of a large number of local manufacturers, especially in developing countries.

Changes in disease pattern caused due to changes in the lifestyle, increase in disposable income, improved access to healthcare services, and increasing demand for high-quality healthcare make these markets highly profitable for pharmaceutical companies.

However, this trend is currently opposite in developed economies with sophisticated manufacturing practices, where demand for superior quality excipients is increasing.

An increase in the adoption of continuous processing of excipients, is also an ongoing trend in flavors into the over-the-counter (OTC) pharmaceuticals market. Continuous processing of excipients refers to flow production of the raw material without any kind of interruption.

Manufacturers Target towards Production Capacity Expansion

Over the past few years, major pharmaceutical companies have been expanding their external and internal capacity in production.

Outsourcing opportunities arise in all innovator, generic, as well as other markets for OTC medications.

Even though manufacturing technologies for OTC medications have rapidly matured in the past two decades, the manufacturing of low-margin OTC generics requires the usage of old technologies.

While major pharmaceutical companies are investing resources on newer technologies, the manufacturing of generic OTC drugs and branded over-the-counter drugs is being outsourced.

South Asia & East Asia Remain Prominent Markets

South Asia and East Asia are expected to show significant growth of the flavors in over-the-counter (OTC) pharmaceuticals market. A large portion of the population of Asia remains undertreated, majorly due to the unavailability of effective prescribed drugs, and this is providing growth opportunities for the flavors into over-the-counter (OTC) pharmaceuticals market.

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/30665

Low Awareness and Poor Availability of OTC  Drugs to Hinder the Market Growth

Lack of awareness about the flavors into OTC pharmaceuticals, especially in the developing economies, continues to create a hindrance in the market growth.

Poor availability of drugs at hospital pharmacies and retail pharmacies can be responsible for decreasing the overall growth of the flavors into over-the-counter (OTC) pharmaceuticals market. Also, the marketing of OTC pharmaceutical products requires skilled, trained and knowledgeable pharmacists. A lack of skilled and trained pharmacists, especially in the developing regions, can hinder the overall growth of the flavors into over-the-counter (OTC) pharmaceuticals market.

Global Sports Supplements Market research to Witness Significant Incremental Opportunity During 2019-2029

Persistence Market Research has published a report on the sports supplements market, which includes the global industry analysis 2014-2018 and opportunity assessment 2019-2029. The report opines that the global sports supplements market is expected to reach ~ US$ 15 Bn by the end of 2019, and ~ US$ 29 Bn by the end of 2029. According to the report, increasing usage of online retail and e-Commerce is likely to contribute to the growth of the sports supplements market through 2029. The global retail sales sector is becoming more organized, and it is expected to increase across various domains of consumer products. Globalization of the private brands and expansion of global retail chains in developing economies is driving the food & beverage retail sector. Escalating adoption of technology coupled with rising popularity and usage of e-Commerce are anticipated to drive the growth of the sports supplements market.

Flavored Sports Supplements Becoming Mainstream

Flavor is an essential ingredient in all food and beverage products. Flavorings are used in the food and beverage products to enhance, taste, texture, and appearance of the products. Nowadays, the demand for new and unique flavors is increasing dramatically. While buying the product, consumers are likely to go for unique and enhanced flavor. When it comes to sports supplements, the consumer mostly decides on the basis of flavor used in the supplement. Manufacturers of sports supplements are focused on developing products with new, unique, and popular flavor ingredients and offering a wide range of flavored supplements. Flavor is becoming one of the most essential aspects of the sports supplements and is playing an important role in the market growth.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/3034

Sports Supplements Remains Priority for Fitness Aspirants

In recent years, people are becoming highly conscious about their health and fitness, especially the millennial population. Consumers are focused on daily exercise and fitness activities such as workout, dance, sports, and many others, in which the body needs an intake of nutrition to maintain energy level and to recover muscles. The traditional food is not a sufficient source to get the required nutrition. Sports supplements play an important role in providing nutrition to the human body, including protein, vitamins, minerals, amino acids, and much others. One spoon of sports supplement can provide sufficient nutrition, which can maintain the energy level of the human body for the entire day. Apart from these benefits, sports supplements help burn unhealthy fat of the human body. Owing to that, sports supplements remain the first priority for fitness aspirant around the world. These factors are driving the growth of the global sports supplements market.

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/3034 

Sports supplements Gaining Popularity among Bodybuilders and Elite Athletes 

Bodybuilding has become a trend among millennial and Gen-Z population. As the consumption of unhealthy and fast food cause many issues to people resulting in unhealthy fat, laziness, and physical troubles, consumers have been avoiding junk foods and primarily focusing on health and fitness. Sports supplements are gaining popularity among bodybuilders and elite athletes owing to their number of nutritional benefits, such as rich source of protein and amino acids. They also provide essential nutrients to the body, which can help in weight management, act as energy booster, and reduce anxiety and stress. Growing popularity, especially among bodybuilders and elite athletes, is likely to complement the growth of the sports supplements market.

Global Non-stick Cookware Market to Witness CAGR of ~6% Increase in Value Share During the Forecast Period 2019-2029

Worldwide sales of the non-stick cookware market reached ~ 15,700 Mn US$ in 2018, unveils the new research study by Persistence Market Research (PMR). According to the report, the non-stick cookware market is estimated to grow by ~ 5.5% YOY in 2019, primarily influenced by the changing lifestyles of urban consumers, increasing demand for low oil consumption utensils and emerging cooking trends which are boosting the global non-stick cookware market landscape across the globe.

According to the report, increasing focus on utensils which keep the valuable food ingredients intact and growing preference for oil-free food is contributing to the build-up of the non-stick cookware market through 2029. An increasing number of television programs on cooking and celebrity endorsements for the same also boost the market of non-stick cookware. Product strength and durability, heat distribution and optional colors are considered as other factors that provide a fillip to the sales of non-stick cookware in 2019 and beyond. Ceramic coated non-stick cookware is seen as the emerging trend for non-stick cooking category. Due to intense market competition, manufacturers are now focused on innovative product offering such as PFOA-free cookware, multiple non-stick layer coating (3 layer, 5 layer, etc.), color variety by brands such as Rachael Ray™, KitchenAid®, Paula Deen® etc. Most of the color offerings are seen as red, blue and brown. Thus, it helps manufactures in product premiumization which has been observed as the current trend in cookware industry.

Get Sample Copy of this report @ https://www.persistencemarketresearch.com/samples/30613

Modern Trade and Departmental Stores Selling Premium Cookware, Will Remain the Key Sales Channel

 PMR observed that departmental stores, hypermarkets/supermarkets, and mass retailers are considered as the leading players in the global non-stick cookware market.  According to the PMR report, end-users will continue to markedly prefer modern trade and departmental sales channels owing to greater product visibility and availability along with the option for more choices. Mass products that are defined as affordable price products in the non-stick cookware category, will have the highest market share in 2018 and are expected to hold this position during the forecast period. Premium non-stick cookware, in contrast, will have the highest growth in the same period. The growth of premium non-stick cookware is backed by the consumer’s willingness to spend more money on non-stick cookware as it becomes a lifestyle product. The colored non-stick cookware is also an example of a consumer’s growing interest in it. Rachael Ray™ is offering non-stick cookware in various color options, such as warm agave blue, cranberry red, pumpkin orange lavender and mushroom brown. KitchenAid® offers empire red and onyx black. Paula Deen® offers its products in aqua speckle, butter, coral, blueberry, honey, lavender, oatmeal, pear, and red colors, and Circulon® offers red, black & brown color options for the non-stick cookware category. The ceramic non-stick cookware category is growing the fastesr and is successful in capturing consumer’s attention. Teflon coated non-stick cookware category has accounted for a major market share; however, negative perception towards Teflon coating has left an impact on its sales. Due to growing health issues related to Teflon, manufacturers are also coming up with new green technology or eco-friendly non-stick cookware which does not harm the human body and keeps the food ingredients safe during cooking.

East Asia to Become a Lucrative Region from the Investment Perspective

• The global market for non-stick cookware is growing at a steady pace. However, East Asia is ready to snatch market share from developed countries such as North America and Europe owing to a large population, growing middle class consumers, and a growing interest in low oil consumption utensils
• According to the study, growth opportunities for the non-stick cookware market players are gaining pace in East Asia, owing to the profound growth of the regional end-user ecosystem such as the commercial sector. HoreCA (Hotel/Restaurant/Café) which represents the food service industry and is expected to contribute significantly to the non-stick cookware market. Newer opportunities blooming in the East Asia non-stick cookware market are set in motion by the growing urban population, who have a large contribution to the economy build-up across these regions.

PMR’s business intelligence also underlines groundbreaking insights into the competitive scenario of non-stick cookware market along with highlights of the manufacturers’ differential strategies. Key players in the non-stick cookware market will continue to draw upon the global sustainability drive by including ‘green’ or ‘eco-friendly’ offerings in their existing portfolios, which is likely to help them enhance customer confidence. For instance, Cuisinart’s Green Gourmet. Cuisinart’s is an American home appliance brand owned by Conair Corporation. Cuisinart’s ceramic-based nonstick surface is free of PTFE and PFOA. Another producer Scanpan is offering green tek nonstick surface in non-stick cookware category which is a proprietary ceramic titanium coating and PTFE and PFOA free, non-stick cookware.

Request Methodology of this report @ https://www.persistencemarketresearch.com/methodology/30613 

According to the report, the manufacturers are also focusing on scratch resistant properties, durability of non-stick cookware and even heat distribution that would help consumers to cook food in an efficient way without destroying food ingredients. Some of the key players identified across the value chain of the global non-stick cookware market include Groupe SEB, Bernde, Bradshaw International, Inc., Calphalon (Newell Brands LLC), Conair Corporation, Cook N Home, Cuisinart and others.