Worldwide Autoimmune Diseases Diagnostics Industry will grow with a CAGR of 8.41% during 2021 to 2027

According to Renub Research report, tittled “Autoimmune Disease Diagnostic Market, Size. Global Forecast 2021-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the Autoimmune Disease Diagnostics Market will be USD 8.02 Billion by 2027. Autoimmune disorders are a species of more than 80 chronic diseases, out of which multiple sclerosis, Systemic Lupus Erythematosus (SLE), rheumatoid arthritis, and type I diabetes are the most common autoimmune diseases. An autoimmune disease transfers to a condition wherein the immune system destroys and attacks healthy cells, organs of the body, and tissues. In the longer run, it can further lead to abnormal growth of an organ and changes in organ function.

Global Autoimmune Disease Diagnostics Market to Grow at CAGR of 8.4% from 2022-2027


As per Scientific American in 2021, several autoimmune diseases affect as much as 4.5 percent of the world’s population. Further, a diagnostic of autoimmunity suspected based on a patient’s symptoms, blood test results and details of their family history. Diagnosis of an autoimmune disease includes tests to identify whether the body produces these autoantibodies. Apart from this, several governing authorities and non-governing organizations are funding various programs to develop the autoimmune disease diagnostic market.

For instance, launched by the Accelerating Medicines Partnership (AMP), the AMP RA/SLE Program is public-private (NIH) cooperation between the National Institutes of Health, the US Food and Drug Administration (FDA) and multiple non-profit organizations. The program aims to recognize relevant drug targets for diagnosing autoimmune diseases. The other determinants, such as partnerships with physici, improved laboratory automation, clinical laboratories, and technological advancements, encourage the autoimmune disease diagnostics market. Hospital professionals worldwide are focusing on adopting advanced technologies to conduct multiple tests with faster and more precise resul


Consistent use for Systemic and Localized Diseases

Localized autoimmune disease diagnostics segment is further bifurcated into type 1 diabetes, multiple sclerosis, idiopathic thrombocytopenic purpura, Hashimoto’s thyroiditis, and others. The rising incidence of localized autoimmune diseases such as type 1 diabetes, and multiple sclerosis; and growing patient awareness for getting tested for these diseases opt diagnostics. This can be owed to the improved adoption of diagnostics kits and assays with consumers’ recurring incidences of autoimmune disorders.


Similarly, systemic autoimmune disease diagnostics is characterized into rheumatoid arthritis, ankylosing spondylitis, systemic lupus erythematosus (SLE), and others. Systemic autoimmune diseases are a large and clinically diverse cluster of disorders. They share in common inappropriate targeting of healthy tissues by immune and inflammatory mechanisms leading to self-injury. With technical developments in multiple autoantibodies screening tests to assist in the early diagnosis and treatment of systemic autoimmune diseases.


Worldwide Autoimmune Disease Diagnostics Market Size was US$ 4.94 Billion in 2021

Based on Disease, autoimmune disease diagnostics market includes systemic Lupus Erythematosus, Thyroiditis, Rheumatoid Arthritis, Sjögren’s Syndrome, Scleroderma and Others. Rheumatoid arthritis disease mainly attacks the synovial tissues within the joints. The disease predominantly affects aging patients. The old population coupled with technological advancements in immunofluorescence and proteomics technologies has intensified the rheumatoid arthritis diagnosis. Off-label prescription of NSAIDs, growing incidence of autoimmune diseases, and other pain management drugs boost the demand for rheumatoid arthritis diagnosis.

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Moreover, thyroiditis is also known as Hashimoto’s disease, thyroid-stimulating hormone test, anti-thyroid antibodies test, and free T4 test are the primary tests for Hashimoto’s thyroiditis. Heart problems, myxedema, and goiter and mental health issues are the significant complications of thyroiditis. The rising prevalence of thyroiditis diseases has significantly impacted the autoimmune disease diagnostics industry.


Regional Analysis of Autoimmune Disease Diagnostics Industry

Regionally, European countries have an enormous demand for autoimmune disease diagnosis due to the increasing most autoimmune disorders. As per Ms Barometer, in 2020, 1 million people lived with multiple sclerosis (MS) in Europe, and the prevalence rate of multiple sclerosis is increasing, especially in women than men. Besides, the increasing awareness of auto-immune diseases, through education, support, research, and advocacy is a crucial part augmenting the usage rates. The European Commission is taking several moves to increase awareness among the public regarding the risk factors in improving autoimmune diseases. Consequently, as symptoms occur, they seek diagnosis and begin a treatment regimen.


Impact of COVID-19 on Autoimmune Disease Diagnostics

Worldwide, the patients undergoing from autoimmune disease feared the COVID-19 had severe adverse reactions or that the autoimmune disease may worsen amidst the pandemic. So, certain patients could be at a higher risk of severe COVID-19. Therefore, the health providers working consistently for the patients served regular autoimmune disease diagnoses, thus helping the growth of the diagnostic market. The leading players in the global autoimmune disease diagnostics market are Abbott Laboratories, Bio-Rad Laboratories, Roche Diagnostics, Siemens Healthineers, and bioMerieux SA.

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


Market Summary:

  • Type – We have covered Market breakup by 2 viewpoints by-type (Systemic Autoimmune Disease Diagnostics and Localized Autoimmune Disease Diagnostics)
  • Disease – Renub Research Report covered by Disease in the 6 viewpoints (Systemic Lupus Erythematosus, Thyroiditis, Rheumatoid Arthritis, Sjögren’s Syndrome, Scleroderma and Others)
  • End Users – Our Report covers by End Users in the 3 viewpoints (Hospitals, Clinical Laboratories and Others)
  • Region – This Report covers Autoimmune Disease Diagnostic Market breakup by 5 Region (North America, Europe, Asia-Pacific’s, Latin America and Middle East & Africa)
  • All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Abbott Laboratories, Bio-Rad Laboratories, Roche Diagnostics, Siemens Healthineers and bioMerieux SA

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

Europe Automobile Market Size is expected to grow with a CAGR of 3.38% from 2020 to 2030

According to the report by Renub Research, titled “Europe Automotive Vehicle Market Forecast 2021-2030, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the Europe Automotive Vehicle Market size reached a value of 15.49 Million Unites in 2020. The European automotive industry continues to be a huge success for increasingly time efficient, safer, and more affordable. The automotive vehicle industry is crucial for Europe’s prosperity. The European automobile industry has a long tradition in development and production. Among its specific attributes belong an undoubtedly high level of technology, the emphasis on safety, and greater sensitivity to the environment. The automotive vehicle industry has been one of the fastest-growing branches of the manufacturing industry over the last decade in Europe.

Europe Automotive Vehicle Market will be 21.59 Million Units by 2030

Automotive Industry is one the Biggest Employment Generator in Europe

Further, the EU is among the world’s biggest producers of motor vehicles, and the sector represents the most significant private investor in research and development (R&D). To strengthen the competitiveness of the EU automotive vehicle industry and preserve its global technological leadership, the automobile industry is supported by several factors such as the availability of robust R&D centers, skilled labor at low cost, and low-cost steel production. As per European Commission in 2021, the automotive vehicle sector grants direct and indirect jobs to 13.8 Million Europeans, representing 6.1% of total EU employment. More than 2.6 Million People operate in the direct manufacturing of motor vehicles, representing 8.5 % of EU employment in manufacturing.

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Electric Vehicles are Future of Automotive Industry in Europe

The industry’s principal categories include Electric Vehicle (EV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Mild Hybrid Electric Vehicle (MHEV), Natural Gas Vehicle (NGV), Fuel Cell Electric Vehicle (FCEV), Diesel Vehicle and Petrol Vehicle. The Mild Hybrid Electric Vehicle represents a technological leap in the European automotive vehicle market. MHEVs bring higher efficiency and lower running costs to flaming engines and could therefore provide promising opportunities for suppliers, OEMs, and customers until electric power train becomes ubiquitous. Also, European consumers’ new habit of using tailored solutions for each purpose will lead to specialized vehicles designed for particular necessities.


Furthermore, the adoption of plug-in electric vehicles ((PHEV) in Europe is actively encouraged by the European Union and several national, provincial, and regional governments in Europe. Various policies have been built to accommodate direct financial support to customers, subsidies for the deployment of charging infrastructure-monetary incentives and manufacturers and long term regulations with specific targets. As per findings, Europe wills registration new plug-in hybrid electric vehicles (PHEVs) under 200,000 units in 2021.


COVID-19 Impact on European Automotive Industry

The impact of COVID-19 has been widely visible across all the automotive vehicle industries around Europe. Although some sectors are struggling due to the pandemic, the automotive vehicle industry has seen a massive fall in demand for new cars during the lockdown period, and it is also due to travel restrictions. The corona virus (COVID-19) pandemic has brought the decade of expansion in the European automotive industry to an abrupt standstill. While, there have been more job cuts behind the sector, with plants and suppliers closing down in countries where the sales are slowest to recover.


Companies Performance

In addition, the European automotive vehicle market is moderately consolidated with existing players such as Toyota Motor Volkswagen, Corporation, Daimler AG, Ford Motor Company and Honda Motor Company. As the demand for the automotive vehicle is growing in the region, the automotive manufacturers are trying to edge over their competitors by making joint ventures, partnerships and launching new products with advanced technology. For instance, in 2021, the Volkswagen brand plans to double the share of full-electric vehicles more than will have in its European sales by 2030, in a bid to accelerate the automaker’s shift toward battery-powered cars.

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


Market Summary

By Category – Report covers by category in the European automotive vehicle market breakup by 8 viewpoints

1.    (Electric Vehicle (EV),
2.    Hybrid Electric Vehicle (HEV),
3.    Plug-in Hybrid Electric Vehicle (PHEV),
4.    Mild Hybrid Electric Vehicle (MHEV),
5.    Natural Gas Vehicle (NGV),
6.    Fuel Cell Electric Vehicle (FCEV),
7.    Diesel Vehicle and Petrol Vehicle)


All the key players have been covered from 3 (Overview, Recent Development, Revenue Analysis Viewpoints Volkswagen, Toyota Motor Corporation, Daimler AG, Ford Motor Company and Honda Motor Company)

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 Hotel Market to grow at a CAGR of 12.47% from 2021–2027

According to Renub Research report titled “China Hotel Market Forecast 2021-2027, Industry Trends, Share, Insight, Growth, Impact of COVID-19, Opportunity Company Analysis” the China Hotel Market is expected to reach USD 131.15 Billion by 2027. The Hotels industry in China has developed rapidly over the past decade and is an increasingly important industry in many cities and regions in China. The hotel industry represents a crucial component of financial industry outputs, job creation, and business opportunities contributing to local economic development. Evaluating hotel performance is vital for hotel management and strategy by indicating gaps and guiding future Improvement.

China Hotel Market to grow at a CAGR of 12.47% from 2021–2027


With increasing business travel and domestic tourism, the hotel market in China is far from reaching its saturation point. The continuous improvement of the hotel’s occupancy rate, people’s demand for leisure activities and tourism continues to increase. Notwithstanding, in China hotel industry is driven by more significant numbers of domestic and international tourists and increasing living standards and per capita spending for tourism. More elevated demand for services and quality, higher room prices, and industry deregulation has also supported revenue growth over the period. With the increasing demand for international and domestic tourism, China’s total number of hotels is rapidly increasing.

All International Chain High-End Hotels are Present in China

Besides, China’s largest populations to use their hotel services are business people. China has focused on creating convention centers in their large cities and high-end hotels that is good for meetings and talking. There are many different types of hotel-like High-End Hotel, Mid-Scale Hotel; Budget Hotel is in China. High-End Hotel is a well-known international chain and brand stared hotel. Many foreign hotel brands and their chains continued to expand in China, while the domestic brands are converging on increasing their footprint into mergers and acquisitions. The Chinese government has launched the Greater Bay Area Plan and the Belt and Road Initiative to increase higher demand for luxury hotels.


Similarly, Mid-Scale hotels in China benefit considerably from the recovery of meeting, incentive, conference and exhibition (MICE) services in China because they offer affordable prices and quality services. Middle- and low-end hotels accelerate their development in online booking services. For middle- and low-end hotels with small scale and small client groups, competing with high-end hotels owning large scale and high reputation is getting increasingly difficult. Online booking services help them to reach a broader range of people and thus acquire more clients.

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Number of Hotels in Hong Kong Doubled between 2010 and 2020

Beijing’s capital city of China hotel industry has benefited from enhanced intercity transportation and tourism facility. Therefore, Shanghai, one of China’s most important business hubs, is home to a buzzing hospitality market that continues to grow. Moreover, Hong Kong hotel has visited centres for central tourist hubs in China as Chinese visitors from the mainland spend relatively more money. At the same time, during their stay in Hong Kong, the tourism and hotel sector highly depend on mainland Chinese visitors’ revenue. As per our research, with the growing number of overnight visitors, the number of hotels in Hong Kong doubled between 2010 and 2020, while available hotel rooms increased by more than 40 percent. In addition to providing subsidies by China government, the Hong Kong administration initiated a holiday at promoting hotel bookings, home campaigns and touristic offers to Hong Kong residents.


Impact of COVID-19 on China Hotel Industry

The China hotel industry is comparatively less affected by the COVID-19 pandemic during 2020, as the market shifted from International to domestic travellers. The international travellers who account for a less share in the market recorded a sharp decline in transactions as most nations are primarily affected by the sudden pandemic. But as the domestic conditions stabilized and the vaccination rate against coronavirus increased significantly, the impact of the pandemic is steadily diminishing. Thus confidence in the China domestic hotel market is gradually restored, and the dawn of hotel performance is also ushering in, casting out the gloomy mist.


Key Hotel Players Performance

The key hotel players present in China are Huazhu Hotels Group Ltd, Shanghai Jin Jiang International Hotels (Group) Company Limited, Zhejiang New Century Hotel Management Co. Limited, Jinmao Hotel and Ctrip. These players in the China hospitality industry are opting for technological upgrading of their properties throughout the country. For instance, in 2021, Huazhu Group Limited announces License Agreement between Steigenberger and Porsche Design Group to Establish a Joint Hotel Brand.

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


Market Summary

Hotel Type – Report covers by hotel type in the China hotel market breakup of 3 viewpoints (High End Hotel, Mid-Scale Hotel and Budget Hotel), Platform (Online and Offline)

Ordering Platform – We have covered by Ordering Platform in the China hotel market breakup by 2 viewpoints (Online and Offline)

City – Our Report covers by city in China hotel market breakup by 6 viewpoints (Beijing, Shanghai, Guangzhou, Shenzhen, Hong Kong, Macau)

All the key players have been covered from 3 Viewpoints (Overview, Recent Development, and Hotel Revenue) Huazhu Hotels Group Ltd, Shanghai Jin Jiang International Hotels (Group) Company Limited, Zhejiang New Century Hotel Management Co. Limited, Jinmao Hotel and Ctrip

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

Canada Foodservice Market, Size, Forecast 2022-2027

According to Renub Research, report titled “Canada Foodservice Market, Size, Forecast 2022-2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis” the Canada Foodservice Market was USD 94.19 Billion in 2021. Over the years, the foodservice industry in Canada has revolutionized in size. Canadian consumers tend to spend a substantial amount of their earnings on foodservice owing to the four crucial factors of value, convenience, health, and sustainability that drive their choices. Thus, Canada has a potential market in the foodservice industry as it possesses a broad consumer base with a multicultural population of millions. Moreover, the millennials and generation Zers are the major fast-food spenders in the industry. The fast-food sector traditionally includes food and beverages items; however, with the evolution of time, plant-based products have also been added to the fast-food list.

Canada Foodservice Market to Reach USD 102.98 Billion by 2027


Around the year, Canadians make millions of restaurant visits on any typical day. In addition, they have a more personal, direct, and frequent association with the foodservice industry. They stop for a coffee on their way to work, they go out for dinner to celebrate an anniversary, and they order in to feed a crowd. Moreover, some people interact with restaurants daily, and for others, a trip to a restaurant is a special treat. Whatever the occasion, good service, great food, and a safe and enjoyable experience add to the growth of the foodservice industry in Canada.


Full-Service Restaurants Grows with High Growth Rates:

The Canadian fast food industry is categorized into quick-service restaurants, full-service restaurants, caterers, and drinking places. Full-service restaurants are growing with high germination rates. Additionally, quick-service restaurants also hold a conspicuous share in the overall foodservice business in Canada. The relatable augmentation of the Canadian foodservice business is constantly supported by Canada’s economy, operating at total capacity.

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Provincial Boundaries of Canada Foodservice Industry:

Across Canada, the foodservice industry has embarked on concrete expansion plans to effectively perceive its presence in provinces like Newfoundland & Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan, Alberta, and British Columbia.


Further, with moderation from the significant increases in recent years, Ontario is among Canada’s fastest total foodservice market growth due to a thriving population and healthy job generation aggregates. Hence as per our analysis, the foodservice industry in Ontario will remain healthy during 2021-2027.


On the other hand, Quebec’s foodservice industry flourished average annual market growth year on year. Growth was driven by the active consumer, business, and tourist spending at restaurants and drinking spots. Similarly, over the years, the fast-food market in British Columbia has also progressed amongst the highest growth figure in Canada.


Competitive Landscape:

The Canadian fast food industry is highly competitive. The significant players in the market comprise Starbucks Corp., Papa John’s International Inc., Domino’s Pizza Inc., The Wendys Co., and Performance Food Group. As per our analysis, these players have achieved popularity and will develop further.


Further, the players are also undertaking expansion strategies, rolling out innovative menus, and intensifying their portfolios to gain a stronghold in the market. For instance, in 2020, Tim Hortons launched three variations of new Dream Donuts across Canada. The three varieties constitute Dulce de Leche Crème, the Strawberry Confetti, and Chocolate Truffle.


The Impact of COVID-19 on the Canadian Foodservice Industry

The COVID-19 pandemic has created vital challenges for the foodservice market in Canada. The situation was unprecedented, with many foodservice businesses being forced to close and filed for bankruptcy during the pandemic. Therefore, exploring emergent evidence food service industries in Canada was struck by COVID-19. Although pandemic has had a destructive impact on the entire foodservice industry across Canada, the industry assumes it is poised to turn the corner as customers revert to dining out. The foodservice industry, which bore the brunt of COVID-related dine-in restrictions, quickly carved out its share of the recovery in the April-May-June quarter of 2021. Also, consumer spending jumped compared to the decline last year. As per this research report, Canada Fast Food Market was US$ 94.19 Billion in 2021.

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


Market Summary:

  • Restaurant Type – We have covered Commercial (Quick Service Restaurants, Full Service Restaurants, Caterers and Drinking Places) and Non-Commercial.
  • Province – In our report we have covered provincial outlook of Newfoundland & Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Atlantic Region, Quebec, Ontario, Manitoba, Saskatchewan, Alberta and British Columbia
  • Traffic – In our report we have studied the traffic patterns in Full Service Restaurants (Morning Meal, Lunch, Supper and PM Snack) and Quick Service Restaurants (Morning Meal, Lunch, Supper and PM Snack).
  • Food Items – Our report covers food items like French Fries, Potato, Sweet Potato, Onion Rings, Breakfast Item, Burger, Sandwich, Subs, Chicken, Breads, Salad, Pizza, Panzerotti, Calzone, Cakes, Squares, Muffins and Vegetarian Item (Incl Eggs/Dairy as food items in the market.
  • Beverage Items – We have studied beverage items like Coffee, Carbonated Soft Drink, Pop, Soda, Water (includes tap water), Hot Tea, Alcoholic Beverages, Fruit Juice, Iced Tea, Milkshakes, Smoothies, Milk and Hot Chocolate).
  • Average Check Size – Per Person – We have covered Quick Service Restaurants, Full Service Restaurants (Midscale Dining, Casual Dining and Fine Dining) and Retail Foodservice with respect to Average Check Size – Per Person.
  • Channel – We have studied aspects of Quick Service Restaurants and Full Service Restaurants through Delivery, Takeout, Drive Thru and Dine-in existing in Canada Foodservice Industry.
  • Operating Ratios – We have covered Operating Ratios like Cost of Sales, Salaries & Wages, Repair & Maintenance, Rental & Leasing, Utilities, Advertising, Depreciation, Other and Pre-Tax Profit.
  • Key Companies – The key players include Starbucks Corp., Papa John’s International Inc., Domino’s Pizza Inc., The Wendys Co. and Performance Food 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

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.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=cassava-starch-market-p.php

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.

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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.

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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