Germany Diabetes Market will be USD 12.13 Billion by 2025

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According to the latest report by Renub Research, titled “Germany Diabetes Market, By Continuous Glucose Monitoring (CGM), Blood Glucose (SMBG) Device, Insulin Pen, Insulin Pump, Reimbursement Company Analysis & Forecast” There are more than 400 Thousand different products summarized as “Medical devices”. Medical devices are designed for preventing, diagnosing, and treating diseases. On this contrary, Diabetes is prevalent in German people that, in the year 2018, Germany accounts for 25% percent of the European diabetes devices market. According to Renub Research report, Germany Diabetes Market is expected to be an opportunity of US$ 12.13 Billion. This research study covers the demand of all the four types of diabetes devices – Blood Glucose (SMBG) Device, Insulin Pen, Continuous Glucose Monitoring (CGM) and Insulin Pump.

Germany has 7 Million known diabetes population, but according to estimates, about 1.3 Million people are expected to be living with undetected diabetes. According to German Diabetes Centre (DDZ), type 2 diabetes patients are expected to increase in Germany for 20 years. As per their estimate diabetes will affect 12 Million in Germany by the end of the year 2040.

The number of people with type 2 diabetes in Germany will continue to increase over the next twenty years. Researchers at the German Diabetes Centre (DDZ) estimate that up to twelve million people might suffer from metabolic disorders in 2040.

Germany is known for developed countries for advanced healthcare facilities say, for instance, technologies like an insulin pump, insulin pen, continuous glucose monitoring are adopted at a very rapid pace. Besides, pricing and reimbursement policies were highly regulated in Germany while giving traction to the surging adoption rate of new and advanced technologies.

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The Factors which are Fueling the Germany Diabetes Market are

• Growing Disposable Income
• Increasing Geriatric Population
• Technological Advancement
• Surging Number of Diabetes Population
• Increasing Healthcare Spending

For the key players German diabetes market, it offers a huge opportunity to increase awareness among the people, rising collaboration with international research, advancement in new technologies, and roll-out of many new drugs into the market expanding its market size.

Market Summary

Markets & Users Covered: SMBG, CGM, Insulin Pen and Pump all the four types of Diabetes Devices market and users are covered in the Report

Reimbursement Policies: We have studied the Reimbursement Policies of all the four diabetes devices in Germany

Continuous Glucose Monitoring (CGM): CGM Market & User by Components, Glucose Sensor, Transmitter, CGM are covered in this research report.

Self Monitoring Blood Glucose Device: By Test Strips, Lancet, Meter – Market & User are given in the report.

Insulin Pen: Disposable, Reusable and Smart Insulin Pen, Insulin Pen Needle Market & Users is covered in this research report.

By Insulin Pump: This research report covers Insulin Pump Users and Market.

By Company: This research report has covered Company overview, recent developments/ initiatives and revenue analysis for B. Braun Melsungen AG, Eli Lilly and Company, Artsana S.p.A, BD, Novo Nordisk A/S, Owen Mumford Ltd, Ypsomed AG, Medtronic, Insulet Corporation, LifeScan Inc., Abbott Laboratories, DexcomInc and Roche.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
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Cassava Starch Market, Consumption & Global Forecast by Product

According to the latest report by Renub Research, titled “Cassava Starch Market, Consumption & Global Forecast by Type, Region, Applications, Company Analysis” the Global Cassava Starch Market size reached US$ 7.7 Billion in 2020. Traditionally starch around the globe is made from arrowroot or sago palm. However, cassava is a cheaper raw material and has tended to replace these starches. The cassava plant is found in equatorial regions between the Tropic of Cancer and the Tropic of Capricorn. The starch procured from the roots of the cassava plant is termed cassava starch. Moreover, cassava starch, or tapioca, is procured through the washing and pulping of roots of cassava plants.

Global Cassava Starch Market to Reach US$ 8.1 Billion by 2026


The global industrial application of cassava starch has a tremendous diversity of its uses of cassava starch. As an ingredient in several industries, native and modified cassava starch has been widely utilized. Indeed, cassava starch consumption in industrial applications has been more related to economics than any unique functionality. In general, confectionery & drinks and processed food use cassava starch as a thickener and stabilizer. Similarly, Corrugating and Paper Making are significant users of starch.


Food Industries Holds Lion’s Share in The Market:

The food industries are amongst the most significant users of starch and starch products. Additionally, large quantities of starch are sold in processed products sold in small packages for household cooking. Bakery, cassava starch is used in biscuit making to increase volume and crispness. In addition, cassava starch is used in sweetened and unsweetened biscuits and cream sandwiches to soften the texture. Add taste and render the biscuit non-stick. Apart from cassava being utilized in the food industry, it is also applied in feeding animals, confectionery & drinks, corrugating & paper making, non-food and pharmaceuticals & chemicals.

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Application of Cassava Starch in Confectioneries:

Principally, cassava starch is used in the production of gums. Pastes and other types of sweets are constituents in making moulds or for dusting sweets to prevent them from sticking together. In addition, starch and modified starches are also used to manufacture numerous candies, such as toffee, hard and soft gums, jellybeans, boiled sweets (hard candy), fondants and Turkish delight.


Application of Cassava Starch in Animal Feed:

Cassava being similar to feed grains consists substantially wholly of starch and is easy to ingest. The roots are, hence, eminently suited to fostering young animals and fattening pigs. Several feeding demonstrations have revealed that cassava provides a good quality carbohydrate that may supersede maize or barley. In addition, cassava rations are especially suitable for swine, dairy cattle and poultry. Notwithstanding, cassava cannot be used as the sole feedstuff because of its deficiency in protein and vitamins. However, it must be supplemented by other feeds that are rich in these elements.


In the global economy, the highly developed compound animal-feed industry uses dried cassava roots as an ingredient. Large quantities of cassava chips, pellets and meals are imported into these countries for this purpose. Notwithstanding, in Brazil and many parts of southeast Asia, large amounts of cassava roots, stems and leaves are chopped and mixed into silage to feed cattle and pigs. This use of cassava is increasing.


Application of Cassava Starch in Corrugating and Paper Manufacture:

One of the evolving users of cassava is the corrugated cardboard industry for the manufacture of cartons: boxes and other packing materials. The board layers are glued mutually with a suspension of raw starch in a solvent of the gelatinized form. The board is clasped between hot rollers, which concerns a gelatinization of the natural starch and results in a robust bonding. Medium-quality flours are fit for this tenacity, provided the pulp content is not too high.


Regional Prospects for Cassava Starch Utilisation:

As per our analysis world, cassava consumption is predominantly concentrated in two regions, namely America and the Asia Pacific. America is the region with immense potential for cassava starch and witnessed the fastest growth rate worldwide. The accelerated expansion of the food and beverage sectors is a notable pillar that drives the cassava starch market across the region. The American region has the largest gluten intolerance population, which directly helps grow the market as cassava is gluten-free. The manufacturers involved in the market are profoundly employing such opportunities by launching unique and innovative cassava starch based-food and beverages in realms such as the U.S., Canada, and Mexico to satisfy the demand from the obese residents across the region.


In Asia-Pacific, cassava is utilized for direct human consumption and most is processed for chips/pellets and starch. Most of the utmost starch products are intended for the food processing, soft drinks and pharmaceutical industries. Notably, the cassava starch industry is most important and dynamic in Thailand, Indonesia, China, India and Vietnam. Indonesia has long traditions, producing cassava chips (gaplek) for human consumption, exporting for feed, and further processing into starch. Another traditional cassava (sago) starch producer in Asia- Pacific is India, principally for the national market. Relative new entrants to the Asian cassava starch industry are Vietnam and China.


The Structure of Cassava Starch Industry is Highly Fragmented and Consolidated:

The evolution of several domestic and local players in the global market is highly consolidated and fragmented. The cassava starch companies are capitalizing on strengthening the distribution network, realizing cost reduction techniques, and setting various cassava starch products in the global marketplace. Private label and region-dominant players such as Cargill, Midland Company, Archer Daniels & Tate & Lyle have set new criteria for innovation and development of functional cassava starch with new formulations. They are further encouraging natural ingredient giants to scale up their product launches and expand their product portfolios in the foreseeable future.


The unforeseen disruption of the COVID-19 pandemic led to strict lockdown laws across several nations following the temporary closure of numerous end-use industries of cassava starch, thereby negatively impacting the overall market growth. Nevertheless, the constant development of new products has facilitated the starch industry’s expansion and pandemic recovery. The booming of the starch industry in the doom appears to be very assuring, rendering the variety of products and the advancement of new products authorize them to compete with the various substitutes.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/cassava-starch-market-p.php


Market Summary:

Cassava Starch Market & Consumption – We have covered the market from two vital points Products and Regions.

By Products – We have studied the market through Native Starch, Modified Starch and Sweeteners existing as products in Global Cassava Starch Market.

By Region – We have covered the Global Cassava Starch Market of Asia Pacific, Americas, Rest of World.

By Application – This report studies the application of cassava starch in Processed Food, Confectionery & Drinks, Corrugating & Paper Making, Feed, Pharmaceuticals & Chemicals, Non-food.

Company – We have studied the company by Company Overview, Recent Development and Revenue of following companies Cargill, Midland Company, Archer Daniels & Tate & Lyle.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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Global Industrial Enzymes Market to Grow with 7.34% CAGR from 2021–2017, Propelled by Rising Demand for Enzymes from the Food Industry

According to Renub Research report “Industrial Enzymes Market, Global Forecast, Impact of COVID-19, Industry Trends, Growth, Opportunity By Types, Company Analysis” the Global Industrial Enzymes Market is expected to reach US$ 17.4 Billion by 2027. Enzymes are proteins that catalyze chemical resistance. As such, enzymes have been extensively used to facilitate industrial processes and create products, and these enzymes are referenced as industrial enzymes. Industrial enzymes are also increasing since they are being used in the production of biofuel and biopolymers. Yeast and E. coli of enzyme engineering is a powerful way to obtain large amounts of enzyme for biocatalysis to replace traditional chemical processes.

Industrial Enzymes Market to Grow with 7.34% CAGR from 2021 – 2017


How COVID-19 Impact helped Enzymes Industry Growth

The COVID-19 crisis is to have a positive impact on the global industrial enzymes market. This is attributed to the increase in demand for enzymes in nutritional & immunity boosting products, a rise in consumer focus on household care, and an upsurge in in-house food consumption. Thus, the overall impact is to remain positive for key market players in the industry due to increased awareness about preventive health and dietary solutions & formulations that support immune health over the entire pandemic phase.


Factors Driving the Industrial Enzymes Market

Worldwide, the expanding environmental concerns and rise in demand for bioethanol and advancements in R&D activities are oriented to the growth of the industrial enzymes market. In addition, the development in enzyme engineering & green chemistry and the introduction of genetically engineered enzymes have increased industrial usage globally. Some of the other factors the rising need for a sustainable solution, improvement in biotechnology sectors, inclination towards protein engineering among the vast population, and introduction of probiotic products.

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Plant-derived Enzymes have High Growth Potential

Based on type, the industrial enzymes market involves Amylases, Carbohydrases, Cellulases, Proteases, and Lipases.  Carbohydrases enzymes are utilized in various industries, including animal feed, food and beverages and pharmaceuticals. Carbohydrases are predominantly applied as an impetus for transforming carbohydrates into sugar syrup, including glucose and fructose, which are further appropriated in the pharmaceutical, food, and beverage industries. Although protease is mostly used for protein breakdown, catalytic hydrolysis of protein peptides to amino acids, detergents, chemicals, and photography, serine, aspartate, threonine, glutamic acid, cysteine, papain, and metalloproteases are the commonly found types of proteases.


Microorganisms are the Good Source of Enzymes

On the basis of source, global industrial enzymes bifurcated into microorganisms, animals and plants. Microorganisms are the primary source of enzymes due to their easy availability and low production cost—Microorganism-derived enzymes segment due to their large-scale production, the emergence of genetically engineered microorganisms, and vast applications. Notwithstanding, plants are considered a prominent source of industrial enzymes. Plant-derived enzymes possess the highest growth potential due to the emergence of advanced purification technologies that require fewer investments.


Exclusive Enzyme Products are used in Food & Beverage Industries

Industrial enzymes play a vital role in various applications like Biofuel Enzymes, Cleaning Product Enzymes, Food Enzymes, Animal Feed Enzymes, Textile Enzymes and Specialty Enzymes. Customized solutions and exclusive enzyme products are used in fruit, cheese, and vegetable processing, grain processing, fats and oils processing, protein processing, and other food processing industries, such as baking, cereal extraction, dairy, and brewing. Specialized enzyme extracts assist food and beverage producers enlarge final products’ quality, optimize resources, manufacture higher yields, decrease costs, lower environmental pollution, and reduce wastage.


Moreover, amylases are widely used to eradicate deposits of starchy food products, such as mashed potatoes, spaghetti, custards, oatmeal porridge, gravies and chocolate. Those types of enzymes are applied in laundry detergents and chlorine-free dishwashing cleansers. Additionally, lipases are mostly utilized to eliminate greasy stains, such as salad oil, frying fats, lipstick, butter, tough stains on collars and cuffs, and sauces.


North America has Prominent Share in Worldwide Enzymes Market

Geographically, North America is a prominent regional market for industrial enzymes due to the definite presence of several end-use industries, such as pharmaceuticals, food and beverage, laundry detergent, and personal care and cosmetics, along with massive scope for research & development activities in the leading countries of the region. Besides, Europe is one of the influential producers of cosmetics products, pharmaceuticals, and medicine. The presence of significant pharmaceutical and cosmetic companies in the region is to propel the demand for enzymes.


In addition, descriptive company profiles of the leading market participants, including BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM, Kerry Group PLCare are focusing on adopting environmentally and modern safe technologies to customize the product, enhance its features, and differentiate the final product from its competitors.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/industrial-enzymes-market-p.php

  • Types- Our Report covers by type Global Industrial Enzymes Market from 5 viewpoints (Carbohydrases, Amylases, Cellulases, Proteases and Lipases)
  • Source – Renub Research Report covers by source Global Industrial Enzymes market by 3 viewpoints (Microorganism, Plant and Animal)
  • Application – This Report covered by application Global Industrial Enzymes market by 6 viewpoints (Bio fuel, Cleaning Product, Food, Animal Feed, Textile and Specialty)
  • Regions –We covered by region Global Industrial Enzymes market from 4 viewpoints (North America, Europe, Asia Pacific and Rest of the World)
  • All the key players have been covered from 3 Viewpoints (Overview, Recent Developments and Revenue) BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM, Kerry Group PLCare.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Automotive Air Suspension Growth rate will be CAGR 8.67% during 2020 – 2027

According to the report by Renub Research, titled “Automotive Air Suspension Market, Global Forecast, Impact of Coronavirus, Industry Trends, Growth, Opportunity, Company Analysis” the Global Automotive Air Suspension Market is projected to reach US$ 9.13 Billion by 2027. Suspensions play a pivotal role in-vehicle comfort and handling. An automotive air suspension system is a vehicle suspension powered by an electric pump or compressor that pumps air into flexible bellows typically made out of a textile-reinforced kind of rubber. It is used in vehicles to provide support to drivers while driving. The automotive air suspension decreases noise and vibration and increases the capacity to transport loads by leveling the suspension.

Automotive Air Suspension Market to grow at 8.67% CAGR from 2021 2027


Factors Driving Automotive Air Suspension Industry

Notwithstanding, the rise in global commercial vehicle sales and demand for premium and luxury vehicles make the automotive air suspension industry grow. Further, the improvement in demand for lightweight air suspension systems and rising aftermarket demand for air suspension and related components is to create numerous opportunities for the growth and expansion of the air suspension market.


Electronic Suspension are Technologically Superior to Conventional Air Suspensions

On the basis of technology, automotive air suspension includes Electronic and Non- Electronic. The electronically controlled air suspension system is essentially a computer-controlled system that can adjust the ride characteristics and performance of the vehicle. Unlike conventional air suspensions, an electronic suspension modifies the shocks and struts electronically to ensure a smooth ride.

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Furthermore, automotive air suspension has a higher installation in cars and heavy vehicles like buses, trucks, and Light Commercial Vehicles. Many luxury passenger cars are being released with electronically controlled air suspension, such as Mercedes S-Class, Audi A8, Land Rover Discovery, Porsche Cayenne, and Volkswagen Touareg, are some of many models.


Air Springs has advantages over Conventional Coil Sprig

The air suspension system consists of different components, such as Air Spring, Shock Absorber, Air Compressor, Electronic Control Unit (ECU), Tank, Solenoid Valve, Height & Pressure Sensor, Others. Air suspension helps improve the vehicle’s driving comfort with increased stability and reduced fuel consumption. Air Springs have more capacities than conventional coil springs. Vehicles maintain constant levels with air suspension, regardless of the amount of load applied to them. Besides, the ECU comprises a memory, microprocessor, input conditioners, and output drivers. ECU is a vital component of an electronically controlled air automotive suspension system that offers better vibration absorption and enhanced performance.


Automotive Air Suspension rate is high in Asia-Pacific

In the Asia Pacific, automotive air suspension systems are witnessing a tremendous upsurge owing to gaining consciousness regarding vehicle safety and increasing sales of luxury vehicles. These systems play an essential role in maintaining vehicle tires in contact with the road. South Korea, China, and Japan are the leading vehicle-producing countries in the region. The growth of China’s automotive air suspension industry is primarily associated with higher vehicle production and foreign direct investments (FDIs) in alliances and joint ventures between international OEMs and Chinese partners.


Although, Europe is to lead the automotive air suspension market due to its tremendous adoption rate of air suspension across all vehicle types. Light-duty vehicles such as Audi, Mercedes-Benz, BMW, Porsche, and Land Rover offer ECAS technology in select models to improve benefits such as height-raising and lowering options. Remarkably, technology-driven suppliers such as ThyssenKrupp, Continental, and SAF-Holland are continually making efforts to introduce the latest technology in the domain of air suspension for light and heavy-duty vehicles in this region.


COVID-19 Scenario on Automotive Air Suspension Market

The COVID-19 crisis has compelled all automotive-related companies to put their workforces on clasp during the lockdowns. The impact is visible on the auto industry as many companies suffered disturbances with their production activities and supply chain. Manufacturing activities have been suspended due to a shortage of disrupted supply chain, raw materials and lockdown inflicted by the government. Research and development projects have been resumed due to a shortage of access to resources, and manufacturers have delayed new product launches.


Key Players Operating in the Automotive Air Suspension Market

Some influential organizations present in the automotive air suspension market include BWI Group, Continental AG, Hitachi Ltd., ThyssenKrupp AG, Mando Corporation and WABCO [Acquired by ZF Friedrichshafen AG]. For instance, in 2020, ZF Friedrichshafen AG successfully acquired commercial vehicle technology supplier WABCO, getting approval from all required regulatory authorities.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/automotive-air-suspension-market-p.php


Market Summary:

  • Technology – We have covered Automotive Air Suspension Market breakup by 2 viewpoints by technology (Electronic & Non- Electronic)
  • Application – This report covered the Application in the 4 segments (Cars, Trucks, Buses, and Light Commercial Vehicles)
  • Component – Renub Research Report covered by Component in the 8 viewpoints (Air Spring, Shock Absorber, Air Compressor, Electronic Control Unit (ECU), Tank, Solenoid Valve, Height & Pressure Sensor, Others)
  • Regions – Our Report covered the Automotive Air Suspension Market breakup by 4 Regions (North America, Europe, Asia Pacific, and Rest of World)
  • All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) BWI Group, Continental AG, Hitachi Ltd., Mando Corporation, ThyssenKrupp AG and WABCO [Acquired by ZF Friedrichshafen AG]

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

China Ice Cream Market to Grow at 8.1% CAGR from 2020 – 2027, Propelled by Rising Consumer Spending on Food & Confectionery Items

According to the latest report by Renub Research, titled “China Ice Cream Market Forecast 2021-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the China Ice Cream Market Size will reach to US$ 40.19 Billion by 2027. Ice creams are becoming more fashionable and more eatable items in China. As China experiments with frozen treats, people find popsicles shaped like the Great Wall of China, boba tee-flavored ice pops and even peppercorn-flavored ice cream. It is a sugared chilled food typically eaten as a snack or dessert. It is made of dairy milk or cream and is flavored with a sweetener, either sugar or an alternative, and spice, such as cocoa or vanilla, or fruit like strawberries or peaches.

How COVID-19 Driving Growth of Chinese Ice Cream Industry

The China ice cream industry is growing due to the novel coronavirus. The COVID-19 pandemic has been improving the performance of Chinese consumers in many different ways, from spending and lifestyle options to the shopping channels used and media used. The extension in purchasing ice cream to eat at home suggests that people find some solace in an indulgent snack in this stressful time. Growing middle-class income and high-end ice cream consumption have never been higher in China. China current economic development is attracting foreign companies to invest in the ice cream sector.


Based on product type, the China ice-cream industry is segmented into artisanal, impulse and takes home. Impulse Ice cream remains a Chinese favorite summertime treat; it Includes single-serve ice cream tubs, packaged cones, ice cream sandwiches, and chocolate-coated ice creams. Impulse Ice Cream (dairy and water-based) consumed in china Supermarkets and Hypermarkets, Convenience stores with new packaging Paper Bowls, Carton, Wrap, and others are more comfortable to carry and store compared to the old ones.


Vanilla Ice Cream is the most Popular Flavor in All Section of Chinese Society

Moreover, the inclination of young Chinese people towards snacking at different intervals evolves artisanal ice creams as a snack food. Health consciousness of consumers is a predominant factor boosting the artisanal product demand due to its being handmade by using natural ingredients and avoiding the use of any preservatives, emulsifiers, artificial flavors or any taste stabilizer.


Besides, vanilla ice cream was the most popular flavor in Chinese Kids & Babies, Early Young Adults and Older Young Adults. Vanilla has continued to be the best-selling ice cream flavor not only because it is creamy and sweet but also because of its capacity to enhance so many other desserts and treats. At a Chinese Buffet, users can find the typical Ice Cream sections for scooping: chocolate, milk/vanilla, strawberry. While classic flavors prevalent in Western countries, such as chocolate, strawberry or cookies and cream, were also considered crowd-pleasers in China.


Worldwide Chinese Ice Cream Market Size was US$ 23.34 Billion in 2020

The ice cream industry in East China is increasing, with brands tapping into this trend from both an indulgence and health perspective. The majority of East China consumers opt for ice cream desserts as meal replacements. Further, coupled with health, hectic lifestyles and wellness concerns demand these changes. A viable preference for natural, less processed, and convenient food and an increasing centre on low-calorie ice creams enable companies to tap into East China’s market’s growth potential. In addition to the rising health concerns regarding ice cream consumption in South China, consumers prefer ice cream products that are hormone-free, GMO-free, additive- and preservative-free, dairy-free, low in calories, and organic and fat-free.

Competitive Landscape Analysis

The China ice cream market is competitive and comprises regional and international Players. Such as Meiji co ltd, Haagen-Dazs, Blizzard, Magnum, YILI.Com Inc, General Mills Inc. These players compete on different factors, including quality, product offerings, taste, flavor, marketing activities, price, functionality, size, packaging, and to gain a competitive advantage in the ice cream market in China. The most active companies in the ice cream market are mainly focused on introducing new products to cater to the interests of consumers. For instance, in 2021, General Mills aims to expand into lower-tier Ice Cream markets and stimulate its product presence in China through a tie-up with the food giant Ting Shin Group to obtain a stronger foothold in the food and catering sector.

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Market Summary

  • Products Type – We have covered by product type in the China ice cream market breakup by 3 viewpoints (Artisanal, Impulse and Take Home)
  • Flavor Type – Renub Research Report covered by Flavor type the China ice cream market breakup by 8 viewpoints (Vanilla, Chocolate, Mango, Orange, and Strawberry, Butterscotch, Blueberry, Others)
  • Age Group – Our Report covered by Age Group in the China ice cream market breakup by 7 viewpoints (Kids & Babies, Tweens & Early Teens, Early Young Adults, Older Young Adults, Pre-Mid-Lifers, Mid-Lifers, Older Consumers)
  • Packaging Type – As per Report covered by Packaging Type the China ice cream market breakup by 4 viewpoints (Paper Bowls, Carton, Wrap, and Others)
  • Distribution – This report covered by Distribution in the China ice cream breakup by 5 viewpoints (Supermarkets and Hypermarkets, Convenience Store, Specialist Retailers, Online Retail Stores and Other)
  • Regional Distribution – Our Report covered by Regional Distribution in China ice cream market breakup by 6 viewpoints (East China, South China, North China, West China, Central China, Northeast China)
  • All the key players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Meiji co.ltd, Haagen-Dazs, Blizzard, Magnum, YILI.Com Inc, General Mills Inc

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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Sleep Apnea Devices Market by Device Type, Companies, Forecast

According to the latest report by Renub Research, titled “Sleep Apnea Devices Market, Global Forecast, Impact of COVID-19, Industry Trends by Device Type, Opportunity Company Overview, Revenue” the Sleep Apnea Devices Market is expected to reach US$ 8.7 Billion by 2027. Sleep apnea is a disorder distinguished by rhythmic and repetitive obstruction of the upper airway provoking pharyngeal collapse. During sleep apnea disorder, breathing is repeatedly interrupted during sleep; these breathing pauses typically last between 10 to 20 seconds and happen from 5 to over 100 times per hour. There are three main characters of sleep apnea obstructive sleep apnea, central sleep apnea, and complex sleep apnea syndrome. Sleep apnea therapy aims to open the airway and breathe better at night. Many devices help that happen.

Key Market Trends:

  • The expanding prevalence of (OSA) obstructive sleep apnea disorder, complex sleep apnea syndrome and central sleep apnea are among the key factors driving the growth of the Sleep apnea device industry. Such conditions are highly prevalent among the geriatric and population suffering from other ailments, such as hypertension and cardiovascular diseases (CVDs) and diabetes, facilitating product adoption across developed and emerging nations.
  • According to Respirology, 1 billion of the world’s population of 7.3 billion people, between the ages of 30 and 69 years, has the most common Type of sleep-disordered breathing, obstructive sleep apnoea (OSA).
  • As a result of rising life anticipation, the growing geriatric population increases the prevalence of sleep disease. With the development of the geriatric population, the usage of Sleep apnea devices will increase, as the senior population is more prone to sleep apnea devices.
  • As per WHO (World Health Organization), in 2018, the world’s population of people aged 60 and above will reach 2.0 billion by 2050.
  • In 2021, the FDA announces the approval of a prescription tongue muscle stimulation device that claims to defeat mild obstructive sleep apnea (OSA) and to snore. The device, named eXciteOSA, is pass through the de novo regulatory pathway for people 18 years and older.


Worldwide Sleep Apnea Device Market Size was US$ 5.2 Billion in 2020

On the basis of Type, Sleep apnea appliances industry includes therapeutic devices and diagnostic devices. Sleep apnea therapeutic devices, such as Continuous Positive Airway Pressure (CPAP), Bilevel Positive Airway Pressure (BiPAP) and Auto CPAP Sleep Apnea machines. The (CPAP) continuous positive airway pressure unit is the most prescribed machine for sleep apnea. Auto CPAP Sleep Apnea machines are used to evaluate the patient’s respiratory and other bodily functions during sleep.


Apart from this, sleep apnea diagnostics devices are segmented into Polysomnography Devices (PSG), Respiratory Polygraph, Sleep Apnea Screening Devices, Oximeter, and Actigraphy Monitoring Device.  Pornographically Devices (PSG), attributed to the fact that it is a multi-parameter study that records patient’s brain waves, heart rate and breathing, the oxygen level in the blood, and even eye and leg movements during the diagnosis procedure.


Moreover, diagnostic devices, clinical PSG devices, pulse oximeters, and heart–rate systems make up most of the devices used in sleep hospitals and laboratories worldwide. The number of sleep tests performed and sleep laboratories with a clinical polysomnography device are increasing. These tests are promptly regarded as the regular diagnostic test for sleep apnea.


North America is Driving the Demand of Sleep Apnea Devices Industry

Among different regions, the increasing prevalence of respiratory illnesses in North America is causing sleeping disorders, boosting the demand for Sleep apnea devices. The United States operates the majority of the sleep apnea devices market in North America. According to the American Sleep Association, in 2018, 50-70 million adult populations in the United States were found to have a sleep disorder.


Furthermore, a huge patient pool, raising awareness of sleep apnea, and the presence of foreign manufacturers are boosting the demand for Sleep apnea devices in Europe. The abundance of diagnostic tests for proving the presence of sleep apnea in the region is fast increasing, as numerous people are concerned about the health concerns associated with this illness.


COVID-19 Pandemic Impact on Sleep Apnea Devices Market:

The COVID-19 pandemic affects the management of sleep apnea patients. Physical isolation, social distancing, and suspension of many clinical services complicate the already prevalent underdiagnosis of sleep disorders and potentially delay treatment for those diagnosed. Sleep Apnea Devices companies faced specific operational and logistic challenges due to the imposition of nationwide lockdowns.

Competitive Landscape:

The sleep apnea devices market is highly competitive, with several major players such as Summoned, Resmed, Koninklijke Philips N.V., Carefusion Corp. (Part of Becton, Dickinson and Company), Imthera Medical, Inc. (Part of Livanova Plc) across the world.

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Market Summary

  • Type – Renub Research Report covered by Type in the Sleep Apnea Devices Market breakup by 2 viewpoints (Therapeutic Devices, Diagnostic Devices)
  • Therapeutic Devices – Sleep Apnea Devices Market have been further sub-segmented from 4 viewpoints: (CPAP Sleep Apnea, Auto CPAP Sleep Apnea, BiPAP Sleep Apnea, Others)
  • Diagnostic Devices – Sleep Apnea Devices Market have been further sub-segmented from 5 viewpoints: (Polysomnography Devices (PSG), Respiratory Polygraph, Sleep Apnea Screening Devices, Oximeter, and Actigraphy Monitoring Device)
  • End-User – Our Report covered by End User Sleep Apnea Devices Market breakup by 2 viewpoints (Sleep Laboratories & Hospitals & Home Care Setting/Individuals)
  • Region – This Report covered by Region Sleep Apnea Devices Market breakup by 4 viewpoints (North America, Europe, Asia Pacific, ROW)
  • All the major players have been covered from 3 Viewpoints (Overview, Recent Developments and Revenue) Summoned, Resmed, Koninklijke Philips N.V., Carefusion Corp. (Part of Becton, Dickinson and Company), Imthera Medical, Inc. (Part of Livanova Plc)

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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Global Lipid Market to Grow at 7.6% CAGR from 2021-2026, Due to the Rising Awareness to Improve Immunity by Maintaining Fitness through Fortified Foods

According to the latest report by Renub Research, titled “Lipid Market Size, Share, Global Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the Global Lipid Market is projected to reach US$ 21.53 Billion by 2027. Globally, lipids are molecules known as building blocks of the structure and function of living cells. Some examples of lipids include fats, oils, waxes, specific vitamins (such as A, D, E and K), hormones and most significant of the cell membrane that is not made up of protein. Besides, lipids are not soluble in water as they are non-polar but are thus soluble in non-polar solvents such as chloroform. Lipids are mainly composed of hydrocarbons in their most reduced form, making them an excellent energy storage record. When metabolized, the hydrocarbons oxidize to release large amounts of energy.

Global Lipid Market to Grow at 7.6% CAGR from 2021-2026

Global Lipid Industry will grow at a CAGR of 7.62% during 2020-2027

Lipids are organic molecules, broadly termed derivatives of fatty acids and similar compounds produced from plants and animals. Increasing demand for lipids as nutritional supplements, the rising health awareness among consumers, and changing food patterns due to busy lifestyles are expected to drive industry growth during 2020-2027. Additionally, lipids play an essential role in preventing chronic diseases, such as arthritis, asthma, cancer, cystic fibrosis, and diabetes, which, in turn, is expected to boost the market further.


Impact of COVID-19 on Worldwide Lipid Market Size

During the COVID-19 pandemic and lockdown situation, citizens have become more health-conscious and focused on improving the immunity system to maintain fitness. Hence, the demand for lipid-based supplements has seen significant growth due to their beneficial health properties, preventing consumers from getting infected by a coronavirus. Thus, consumers have increased their spending on healthy and nutritious food. Therefore, the market is expected to witness positive growth during the covid-19 pandemic situation.


Phospholipids: An Essential Contribution to Lipids Market

By Product, phospholipids consist of two fatty acids, a phosphate group and a glycerol molecule. Across the world, phospholipid has several applications in nutritional, pharmaceutical, and food categories. Remarkably, the demand for phospholipids is increasing due to their versatile application in different sectors. The market is particularly true in the case of phospholipids derived from natural sources. The availability of raw materials had enabled manufacturers to utilize the resource and expand their product portfolio.


Further, the numerous health benefits related to phospholipids is actively being used in several studies related to the pharmaceutical industry. The companies are also releasing innovative natural health products, and some are superseding natural chemicals for synthetic ones in product formulations. Consumers are more amenable to seeking complementary and alternative medications, which drives the demand for natural products. Customers actively prefer natural and non-synthetic products to counteract ailments. Naturally sourced constituents are selected as customers feel safe. Associated health benefits and the inclination of customers to approach natural ingredients are the key reasons that drive demand for such products in the market.


Omega-3: Segment Continue to Witness Significant Growth

Recently, the rising inclusion of omega-3 ingredients in the diet to support heart and brain health has been trending in the market. Moreover, rising occurrences of Cardiovascular Diseases (CVDs) and changing dietary habits worldwide and the rising importance of immunity development post-COVID-19 pandemic has further strengthened the driving force for the Omega-3 market.


As per the American Medical Association, heart disease was the leading cause of death in the U.S. in 2020, accounting for 690,882 deaths. Hence, the U.S. FDA has approved omega-3 supplements to treat adults for diseases such as severe hypertriglyceridemia. Remarkably, an increasing number of omega 3-based pharmaceutical product launches by market players, due to the rising product application scope in medicines, is expected to witness market growth.


By Application, Food Segment Continues to Lead the Market

The global lipid industry is segmented into Food & Beverages, Nutrition & Supplement, Feed and others. In addition, the expanding figures of functional benefits joined with health benefits counted as a prominent driver for the acceptance of lipids as additives in the food industry. Lipids have a significant role to play in most edibles. Moreover, lipids improve aspects of food, including flavour, emulsification, texture, density, and hydrogenation. They act as good flavour carriers delivering taste and also enhancing the smell of products.


Besides, the role of lipids in emulsification is to help the diffusion of fat evenly into water. The use of shortenings is formed with mono-glycerides, so fats and milk are emulsified in cake batters to create a fine texture for cakes and other products. Furthermore, there has been an increasing emergence of lipids in the last decade that has shown tremendous potential for nutritional applications. Thus, nutritional applications are expected to boost the global market for lipids in the years to come.


Asia-Pacific is the Fastest Growing Region

In our report, we have analyzed the regional markets of North America, South America, Europe, Asia Pacific, Middle East & Africa. Wherein, Asia-Pacific is the Fastest Growing Region as per our estimates. Lipids, such as coconut oil, cocoa butter (in chocolates), palm oil, and mango kernel oils, are gaining popularity in Asia-Pacific owing to their versatile application in the food & beverage industry. Also, the physical environment, food habits, local availability of fats and oils, and education level are other determinants that affect the overall consumption of fats in the region.


For occurrence: in Bangladesh, the consumption of fats in urban regions is higher than in rural regions, owing to the enormous increase in urbanization and lifestyle transitions in the past few years, owing the part is has deemed for rapid growth. The Southeast Asian countries, especially Malaysia and Indonesia, are more significant producers and consumers of palm oil, owing to its immense availability and comparatively low costs.

Competitive Aspect:

The global lipid market is exceptionally competitive, as different players worldwide are coming up with nutritional ingredients to expand their reach in Food & Beverages, Nutrition & Supplement and Feed industries. Our report’s most influential companies in the global lipid market are NOF Corporation, Stepan Company, Archer Daniels Midland, Cargill, Kerry Group. The key players in the worldwide market are targeting the native markets in various regions, where awareness regarding health concerns is rising.


Furthermore, mergers and acquisitions in the global lipid market are the most preferred strategies, followed by new product launches. In addition, the major manufacturers in the worldwide market are accounting consistent top and bottom-line expansion. The companies are progressing the proportion of protecting innovations to attract a significant share of the consumers and meet their growing specific demands.

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Market Summary:

  • By Product – We have covered Global Lipid Market through four aspects Phospholiplds, Glycollpds, Cholesteroal and Others.
  • By Type – In the report Global Lipid Market we have studied Omega-3, Omega-6, MCT, and others.
  • By Application – We have covered Global Lipid Market Application in Food & Beverages, Nutrition & Supplement, Feed and Others.
  • By Region – The regional market covered in the report is of North America, South America, Europe, Asia Pacific, Middle East & Africa.
  • Company – In our report market’s main players studied include NOF Corporation, Stepan Company, Archer Daniels Midland, Cargill, Kerry Group.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Genetic Testing Market to Grow at 9.6% CAGR during 2021-2027, Impelled by Increasing Burden of Cancers Worldwide

According to the latest report by Renub Research, titled “Genetic Testing Market Global Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the Global Genetic Testing Market is expected to reach US$ 25.05 Billion by 2027. Genetic testing plays an essential role in diagnosing the carrier detection disease, presymptomatic, and prenatal diagnosis. As per the (WHO) World Health Organization, 10,000 diseases worldwide are monogenetic, created by modification or variation in a single gene present in every single cell of a body; those diseases can only be diagnosed and prevented by genetic testing.

Global Genetic Testing Market to Grow at 9.6% CAGR during 2021-2027

Moreover, genetic testing is a form of medical testing performed to identify any changes in the DNA sequence or chromosome structure. Genetic testing practices are rapidly progressing in rare disease diagnostics and personalized medicine. There are different kinds of tests practiced in examining genetic disorders like Predictive Testing, Carrier Testing, Prenatal and Newborn Testing, Diagnostic Testing, Pharmacogenomics Testing, Nutrigenomic Testing, and others. These tests are used to diagnose medical conditions such as genetic disease, cancer diagnosis, diagnosis, and cardiovascular disease diagnosis.


Globally New Cancer Cases were more than 19 Million and Deaths from Cancer were also more than 9 Million

The increasing burden of cancers worldwide and the growing awareness among the global population on predictive testing and personalized medicine are the major factors that demand genetic testing in cancer. Thus, the aid of the genetic test provides information on whether cancer runs in the family and the risk factors connected with the development of cancers in future among the individuals with a family history of diseases. Also, genetic testing is conducted in patients who do not respond to chemotherapy to identify the presence of acquired mutations in tumors that are resistant to therapy. By Globocan 2020, the rate of new cancer cases was 19,292,789, with nearly 9,958,133 deaths due to cancers.


Genetic testing includes cytogenetic, biochemical, and molecular testing based on technology. Molecular testing is the most standard technology for genetic testing. For instance, molecular technology is used in genetic tests such as diagnostic, carrier, predictive, & presymptomatic testing, etc. Furthermore, molecular testing is also favored as it can be applied to analyze gains or losses in DNA that are not detectable with regular chromosome analysis.


United States New Cancer Cases were more than 2 Million and Deaths from Cancer were also more than 0.6 Million

Geographically, North America runs the market for genetic testing by advancements in technology in the genetic testing space. The growth in the ageing population, a subsequent rise in the cases of chronic diseases, and rising cancer cases are a few factors aiding the demand for genetic testing in the region. For instance, in 2020, by Globocan, in the US, among all cancers, breast cancer had the highest incidence, followed by lung prostate and colon. The new cancer cases diagnosed were 2,281,658 in the United States, with 612,390 deaths.


On the one hand, there is a massive demand for genetic testing in Asia-Pacific due to increased affordability, the surge in healthcare expenditure, and the rise in awareness toward early screening of genetic disorders. In the future, the Asia-Pacific Genetic Testing Market Size will be more than double.


Covid-19 Impact on Genetic Testing Market

COVID-19 pandemic has also affected the genetic testing market adversely. After the WHO declared COVID-19, worldwide adopted lockdowns to observe social distancing to contain the spread. The pandemic hurts the genetic testing market. This is attributed to the point that genetic counselors cannot see patients in person, laboratories cannot run the tests, and doctors are not available for counselling. In addition, governmental bodies such as the Centers for Medicaid Services (CMS) presently do not recognize genetic counselors as healthcare providers. Hence, they are not exempted from training during lockdowns.

The global genetic testing industry is highly ambitious, and the prominent players in the market have adopted several strategies to garner maximum genetic testing market share. These include product launch, collaboration, partnership, and acquisition. Key players operating in the genetic testing market include Abbott Laboratories, Danaher Corporation (Cepheid Inc.), Illumina Inc., BioRad Laboratories Inc. and F Hoffmann-La Roche AG.

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  • Type – We have covered by type in the Genetic testing market breakup by 7 viewpoints (Predictive Testing, Carrier Testing, Prenatal and New-born Testing, Diagnostic Testing, Pharmacogenomics Testing, Nutrigenomic Testing and Others)
  • Technology – Renub Research Report covers by technology in the Genetic testing market breakup by 3 viewpoints (Cytogenetic Testing, Biochemical Testing and Molecular Testing)
  • Application – This Report covered by application in the Genetic testing market breakup by 3 viewpoints (Cancer, Genetic Diseases, Cardiovascular Diseases and Others)
  • Region – Our Report covered by region in Genetic testing market breakup by 4 viewpoints (Europe, America, Middle East & Africa and Asia-Pacific)
  • All the key players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue) Abbott Laboratories, Danaher Corporation (Cepheid Inc.), Illumina Inc., BioRad Laboratories Inc. and F Hoffmann-La Roche AG

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

United States Plant Based Food Market to grow with a CAGR of 9.69% from 2021-2027

According to the latest report by Renub Research, titled “United States Plant Based Food Market Forecast By Segments, Food Services, Merger and Acquisitions, Company Analysis” the United States Plant Based Food Market Size will reach to US$ 10.7 Billion in 2027. With an increased focus on reaching net-zero emissions, the shift to climate-friendly, sustainable protein production presents significant sales and investment opportunities. In addition to the clear opportunity presented by growing consumer excitement around plant-based options in the U.S, this motivation made 2020 a record-breaking year for plant-based sales and investments.

United States Plant-based Food Industry was US$ 5.6 Billion in 2020

In the United States, plant-based food has become popular to reduce the diet’s environmental footprint and promote human health and animal welfare. Plant-based foods are derived from plants (including grains, vegetables, nuts, seeds, legumes, and fruits) with no animal-source foods or artificial ingredients. Plant-based food supports Americans health and is appropriate throughout all life stages, including lactation, pregnancy, childhood, and adulthood, as well as for athletes.

Furthermore, increasing incidences of intolerance for animal protein, growing urbanization with new consumer aspirations, increasing vegan population, and significant venture investments in plant-based product manufacturers are key factors driving the plant-based products market’s growth in the United States. According to Veg News, in 2020, nearly one-fourth of American consumers (23 percent) have consumed plant-based food products.


Impact of COVID-19 on United States Plant Based Food Industry

The pandemic has changed the way United States consumers interact with food. The United States people are incorporating more plant-based foods into their diets as it is becoming increasingly critical to have a robust immune system. This has happened in the surge of interest and subsequent consumption of plant-based meals. Plant-based foods (including plant-based meats) have been showing strong growth during the COVID-19 pandemic, likely to elevate the market space for plant protein in the United States food manufacturing industry.


Competitive Analysis: Beyond Meat shares Rises 26% in the year 2021

The United States plant-based food market is highly competitive owing to many players such as Beyond meat Inc, Archer Daniels Midland, US Foods Holding Corp, Kellogg, Hormel Foods Corporation. To expand their market shares, companies are concentrating on new and innovative products. For instance, in 2021, Beyond Meat shares soar 26% as the company teams up with PepsiCo to make plant-based snacks and drinks.


Plant Based Foods getting Integrated in Menus of United States Food service Industry

In recent years, plant-based food has gained traction in United States full-service restaurants, limited-service restaurants, hotels and motels menus, and retail stores. Plant-based Butter, Cheese and Tofu and Tempeh are popping up in many full-service restaurants that offer varieties of plant-based products depending upon their customer’s preferences and needs.


Besides, retail formats offer a wide range of products like plant-based Dairy Spreads, Dips, Sour Cream, Sauces, Ready-to-Drink, Beverages, Condiments, Dressings, and Mayo etc. at a competitive price to customers. They are usually located in regularly accessible areas. Burger and patties are more popular in the shelf space of retail outlets. Ice cream and Frozen Novelty are booming in popular as health-conscious consumers embrace new ice cream alternatives. Most United States retail carry the brand of vegan ice cream in numerous varieties, including pint-sized containers, ice cream sandwiches, drumsticks, fudge bars, and more.

Plant-based Beverages gaining Rapid Traction in United States

Across the United States, plant-based food trend continues to grow due to its varieties like Plant-based milk, Plant-based meat, meals, Plant-based ice cream and frozen novelty, Plant-based creamer, Plant-based yoghurt, butter, cheese, Tofu and tempeh, plant-based ready-to-drink beverages, Plant-based dairy spreads, dips, sour cream, and sauces etc. Plant-based milk products such as almond, soy, coconut, cashew, oat, rice are gaining rapid traction among food service providers in the United States. It is majorly used in all kinds of dishes, such as curries, soups, smoothies, and others. Americans prefer plant milk over other dairy or animal milk because of its high nutrition value, Omega-3 fatty acids and vitamins.

Plant-based meat encourages American people to eat more. The nutritional benefits of plant-based meats and their safety compared with conventional meat are also important factors contributing to gaining consumers’ attention. Consumption of plant-based meat does not give rise to obesity, type-2 diabetes and heart disease.

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Report Summary

  • Segments – We have covered by segment in the United States Plant-Based Food Market breakup by 13 viewpoints (Plant-based Milk, Plant-based Meat, Plant-based Meals, Plant-based Ice Cream and Frozen Novelty, Plant-based Creamer, Plant-based Yogurt, Plant-based Butter, Plant-based Cheese, Tofu and Tempeh, Plant-based Ready-to-Drink Beverages, Plant-based Condiments, Dressings, and Mayo, Plant-based Dairy Spreads, Dips, Sour Cream, and Sauces and Plant-based Eggs)
  • Food Services – Renub Research Report covered by Food Services the United States Plant Based Food Market breakup by 8 viewpoints (Full-service Restaurants, Limited-Service Restaurants, Drinking Places, Hotels and Motels, Retail Stores and Vending, Recreational Places, Schools and Colleges and Others)
  • All the key players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Beyond Meat Inc, Archer Daniels Midland, US Foods Holding Corp, Kellogg and Hormel Foods Corporation.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

United States Toy Industry is expected to grow marginally with a CAGR of 0.25% from 2020 to 2026

According to the latest report by Renub Research, tittled “United States Toys Market by Segments, Sales Channel, Company Analysis, Forecast” the United States Toys Market was US$ 33.70 Billion in 2020. In the United States, toys are the tools of play that hold an essential part in social life. It plays a crucial role in developing & engaging children’s minds by improving the thought process and decision-making ability. Kids play with toys to determine their identity and play; their bodies grow strong, learn to explore relationships, cause and effect and practice skills they need as adults. In 2019, there were over 73 million children in the United States.

United States Toys Market to reach 34.20 Billion by 2026

In 2020, the United States toy industry’s resiliency was very much underpinned; in the covid pandemic time, families looked to toys to help keep their children engaged, active and delighted. Besides, a toy is an object used for entertainment from prehistoric times. The demand for toys has increased in the United States due to concern over the safety of the raw materials utilized in construction toys. Parents and educators gradually choose green toys made of eco-friendly raw materials like wood, clay, plastic, etc.

Movies and Cartoons Drives the Sales of Action Figures and Accessories

The toy market has been evolving for an era and is experiencing exponential growth in the United States, owing to high-income group consumers in the country. Middle-range toys accounted for the highest sales in the country. Outdoor, sports toys and dolls contribute the major share to the market. Consumer inclination towards movies and cartoons drives the sales of action figures and accessories, making it the fastest-growing segment in the United States.


In the United States, toys range from cards, games, puzzles, dolls & stuffed toys, construction sets &models, plastic & other toys, video games consoles and toys for toddlers & kids. These toys come with a natural value that adds to the overall advancement of children. A range of environment-friendly products, including recycled plastic bath games, plastic-free games for kids, wooden baby toys, and organic cotton stuffed animals, is increasingly becoming popular, promoting sustainability in the United States.


Besides, improved visual memory and enhanced cognitive skills by participating in 3D puzzles boost the adoption rate of educational puzzles amongst children in the United States. The ability to develop real-life soft skills such as problem-solving skills, team spirit, and critical thinking in millennials further promotes United States people to adopt games and puzzles.


Impact of COVID-19 on United States Toys Market

Children are more likely to get affected by the coronavirus due to the greater outdoor exposure of their parents during the physical shopping of such items compared to staying indoors. Therefore, the United States toy market witnessed a robust growth among the high-income and middle-income consumers, leading to numerous stay-at-home product ranges by the leading players. Throughout the pandemic, the sales of toys and games were primarily driven by the online retail of products.


Online Sales Giving a Boost to the United States Toy Industry

Based on the sales channel, department stores are ideal for selling toys in the United States, as shopping at the weekends is preferred for many families. Department stores gives a huge variety of toys, from classic playthings like arts-and-crafts kits, books and educational toys, puzzles and soft toys, and school gear. Further, hypermarkets in the United States are becoming more and more prevalent. A hypermarket is an effective form of the traditional toys store, a self-service shop offering many toys.

In addition, the online sales channels represent one of the fastest-growing distribution channels for toys in the United States with the evolution of smartphones and other digital media. As quality and features of products are discussed among shoppers and prices compared on various platforms, E-Commerce sales channels have appeared to be one of the fastest-growing distribution channels for toys in the United States.

Competitive Landscape

The key players such as Mattel Inc, Lego, Hasbro Inc, Funko In, and Spin Master Corp. are focusing on introducing new toy products in the United States market to cater to the interests of the consumers. These players are embarking on consolidations and acquisitions as key strategies to achieve consolidation and optimize their offerings.

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Report Summary

  • Segments – We have covered by segments in the United States toy market breakup by 7 Sub-segments (Dolls & Stuffed Toys, Construction Sets & Models, Cards Games, Puzzles, Toys for Toddlers & Kids, Plastic & Others Toys, and Video Games-Consoles)
  • Sales Channel – Our Report covered by sales channel in the  United States toys market breakup by 6 viewpoints (Department Stores, E-Commerce, Mass Merchandisers, Toy & Hobby Store, Hypermarket, Others)
  • All the key players have been covered from 3 Viewpoints (Overview, Recent Development, Revenue Analysis) Mattel Inc., Lego, Hasbro, Inc, Funko, Inc., Spin Master Corp.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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Tilapia Industry globally is expected to grow with a CAGR of 2.20% from 2020 to 2027

As per Renub Research latest report, “Global Tilapia Market Forecast by Production, Import, Export Countries, Company Analysis” the Global Tilapia Market to reach US$ 7.9 Billion in 2020. The fast-growing and prolific tilapia fish is among the essential aquaculture commodities in the world. It grows fast, quickly breeds in captivity, and is tolerant of various environments and cultural systems. Farming and propagating fish requires little input, and the technology can be simple and easily adaptable by small-scale fish farmers. Investors also find tilapia farming profitable because of its reasonably good feeding efficiency in lakes and low investment cost.

Tilapia fish has become the shining star of aquaculture, with farms starting and expanding over the globe while consumption races ahead of even the numerous ambitious farm building plans. All types of Cichlid fish species are commonly known as the tilapia, which is second only to carps as the world’s most widely farmed freshwater fish. These fishes are primarily found in shallow streams, ponds, rivers, and lakes but can also be observed in brackish water.

Further, tilapia fish is a rich source of protein, selenium, vitamin B-12, phosphorus, potassium, niacin and is low in fat and saturated fat, calories, omega-3 fatty acids, carbohydrates, and sodium. The increasing popularity of tilapia fishes leads to introducing new and innovative products of various tilapia fishes and frozen types of tilapia products, including whole tilapia and tilapia fillets.


Moreover, the rapid expansion of aquaculture has catalyzed the growth of the tilapia industry globally. Since it is omnivorous, hard and has good resistance to diseases, they are affordable and accessible even for small farmers to grow. The increasing use of Tilapia pharmaceutical and the fashion industry is expected to increase market demand for Tilapia.


China is the World’s Biggest Producer and Exporter of Tilapia Fish

Based on producing country, China is the world’s biggest producer and exporter of tilapia fish globally. Tilapia fish is a vital food commodity in China; its production was mainly taken out in the southern and southeastern coastal places where subtropical conditions favored the species’ growth and reproduction, with Nile tilapia fish being the most popular important. The tilapia fish farming industry in China is growing rapidly. China is by far the highest tilapia producing country and is producing one half of the global supply. China primary tilapia fish exporting country is the United States, Mexico, Russia, and the European Union. The United States and Mexico have been the traditional markets; however, the Russian market share began to expand. The European Union market grew steadily year on year.


Besides, Indonesia is also the significant producer of tilapia ?sh globally. The tilapia fish production sector plays a vital role in Indonesia’s economy through income generation, livelihoods diversi?cation, supply of animal proteins, and foreign exchange earnings. In addition, tilapia fish is one of the worldwide most demanded fish in the United States market regarding its price and nutritional quality. United States tilapia fish imports create sales, jobs, income, value-added, and tax impacts on the economy. The majority of tilapia fish imported into the United States comes from China and Taiwan, followed by Indonesia, Ecuador.

Impact of COVID – 19 on Tilapia Fish Industry

Coronavirus has spread worldwide, and most countries are adopting lockdown measures to control the spread of the virus and secure public health. All business and production activities are fully shut down except the necessary ones such as the food and medical sector or others, leading toward the economic crisis in the country. Fishing efforts have been reduced, and tilapia stock is finishing with inactive trade and transportation, disrupting the whole supply chain is majorly affecting the tilapia market.


Competitive Landscape

The global tilapia fish market is highly competitive owing to many players such as Seatrade, Atlantic Capes Fisheries, Inc, Atalanta Corporation, Ideal Foods Ltd, and Sea Delights. This essential company operating in the tilapia fish market concentrates on backward integration to expand their goods collection and better check the final product’s quality. Backward integration within the value chain leads to higher profit margins for the manufacturers. As they can produce high-quality aquafeed additives, lowered distribution costs, and improved control over goods price.

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Market Summary

  • Production Countries – We have covered top 10 producing country in the Global Tilapia Fish Market (China, Indonesia, Brazil, Philippines, Vietnam, Thailand, Colombia, Mexico, Costa Rica, and Israel)
  • Import Countries – Report covers top 10 importing country in the Global Tilapia Fish Market (United States, Israel, Germany, Spain, United Kingdom, Japan, Guatemala, Switzerland, Hong Kong, South Korea)
  • Export Countries – Our Report covers top 10 exporting country in the Global Tilapia Fish Market (China, Indonesia, Honduras, Mexico, Taiwan, United States, Netherlands, Peru, Germany, Malaysia)
  • All the key players have been covered from 2 Viewpoints (Overview, Recent Development) Seatrade, Atlantic Capes Fisheries, Inc, Atalanta Corporation, Ideal Foods Ltd, and Sea Delights

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research