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Showing posts from July, 2022

Digestive & Intestinal Remedies Market Is Likely To Up Demand At A USD 22.9 Billion By 2028

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  San Francisco, 29 July 2022:  The Report  Digestive & Intestinal Remedies Market  Size, Share & Trends Analysis Report By Type, By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2022 - 2028 The global digestive & intestinal remedies market size is expected to reach USD 22.9 billion by 2028, registering a CAGR of 3.5% from 2022 to 2028, according to a new report by Grand View Research, Inc. Digestive medicines are the most common over the counter medicines purchased by people. Moreover, physicians recommend the use of these medicines only after minor health issues such as acidity and other digestive problems. But in several countries, these medicines are sold directly to the patients without prescription as per their rules and regulations. The market is majorly driven by high demand for over-the-counter products such as zientac, omez, and others. There is an increase in gastrointestinal disorders cases among people. M...

Fixed Voice Market Estimated At USD 121.2 Billion By 2028

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  San Francisco, 29 July 2022:  The Report  Fixed Voice Market  Size, Share & Trends Analysis Report By End-use (Consumer/Residential, Business), By Region, And Segment Forecasts, 2022 - 2028 The global fixed voice market size is expected to reach USD 121.2 billion by 2028, registering a CAGR of -2.3 %  from 2022 to 2028, according to a new report by Grand View Research, Inc. Fixed voice service revenue is predicted to decline in the next few years as a result of lower circuit-switched subscriptions among companies and consumers, as well as a drop in fixed voice ARPU. Due to a strong preference for mobile and OTT-based network communication services, fixed voice services revenues will be pulled down over the forecast timeline. Consumers and companies have shifted heavily towards mobile voice and internet voice communication platforms in recent years. As a result, the overall revenue streams for the worldwide fixed voice services industry have decre...

Creative Software Market Estimated At USD 13.42 Billion By 2028

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  San Francisco, 25 July 2022:  The Report  Creative Software Market  Size, Share & Trends Analysis Report By Deployment, By Type (Sound & Video Recording Software, Image & Video Editing Software), By Region, And Segment Forecasts, 2022 - 2028 The global creative software market size is expected to reach USD 13.42 billion by 2028, registering a CAGR of 6.8 %  during the forecast period from 2022 to 2028 according to a new report by Grand View Research, Inc. The demand for technologically advanced solutions to create effective audio and video content is rising globally. As content production showcases immense growth, companies and solution providers are under constant pressure to show a profit. Video is considered one of the most effective ways of customer engagement. The global market has benefited from this trend. Key players operating in the market are taking key initiatives to strengthen their market presence. For example, Adobe Systems ...

Smart Home Services Market Size Is Projected To Reach USD 11.7 Billion By 2028

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  San Francisco, 28 July 2022:  The Report  Smart Home Services Market  Size, Share & Trends Analysis Report By Type (IoT Services for Control & Connectivity Devices, IoT Services for Security & Surveillance Equipment), By Region, And Segment Forecasts, 2022 - 2028 The global smart home services market size is estimated to reach USD 11.7 billion by 2028 and is expected to expand at a CAGR of 11.2% from 2022 to 2028, according to a new report by Grand View Research, Inc. The growing demand for cognitive systems at smart homes is surging the adoption of installation and maintenance of smart home devices. In addition, customization of smart home devices by professional installers has also supported the expansion in the industry. However, the expensive nature of repair and maintenance services for smart home device is the key factor hindering the growth of the market. Most of the key industry players are adopting partnership and service expansion to...

Lipid Market Accounted For USD 13.05 Billion By 2028

  San Francisco, 28 July 2022:  The Report  Lipid Market  Size, Share & Trends Analysis Report By Source (Animal, Plant), By Application (Food & Beverages, Pharmaceuticals, Nutrition & Supplements), By Region, And Segment Forecasts, 2022 - 2028 The global lipid market size is expected to reach USD 13.05 billion by 2028, registering a CAGR of 8.8% from 2022 to 2028, according to a new report by Grand View Research, Inc. Considering the benefits of health and fitness, rising consumption by the aging population in daily diet, and changing lifestyle are driving the market. The increasing vegan, as well as vegetarian population and the developing need to add adequate nutrition to the everyday diet, are positively impelling the demand for lipid supplements all over the world. Moreover, lipids play important role in chronic diseases such as arthritis, asthma, cancer, cystic fibrosis, and diabetes. The global market is extremely competitive, as various ...

Carp Market Is Likely To Up Demand At A USD 142.50 Billion By 2028

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  San Francisco, 28 July 2022:  The Report  Carp Market  Size, Share & Trends Analysis Report By Species (Grass, Silver, Common, Bighead, Catla), By Form (Frozen, Canned), By Distribution Channel, By Region, And Segment Forecasts, 2022 - 2028 The global carp market size is expected to reach USD 142.50 billion by 2028, registering a CAGR of 5.5% during the forecast period, according to a new report by Grand View Research, Inc. The rising health concerns towards premature skin aging, bone health, and high prevalence of cardiovascular diseases are accelerating the demand for carp fish around the globe. The growing demand for premium quality food products due to freshness, diversity of the products, and convenience for food safety are expected to boost the market growth during the forecast period. Furthermore, continuously changing consumers’ dietary patterns and rapid urbanization has expected to boost the demand for protein-rich fish food products, accele...

Medical Device Outsourcing Market Projected To Reach USD 292.93 Billion By 2030

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  San Francisco, 25 July 2022:  The Report  Medical Device Outsourcing Market  Size, Share & Trends Analysis Report By Application (Cardiology, General & Plastic Surgery, IVD), By Service (Contract Manufacturing, Quality Assurance), By Region, And Segment Forecasts, 2022 - 2030 The global medical device outsourcing market size is expected to reach USD 292.93 billion by 2030, registering a CAGR of 12.1% during the forecast period, according to a new report by Grand View Research, Inc. The rising demand for advanced medical products and a growing trend of offshoring are fueling the growth of this market. Various initiatives by public organizations promoting testing for COVID-19 are also enhancing market growth. Regulatory bodies are emphasizing the quality of the healthcare devices provided to the public that is becoming burdensome to handle. To meet the regulatory scenario, various services like regulatory consulting are being utilized by the industr...

Medical Marijuana Market Size Is Anticipated To Reach USD 65.9 Billion By 2030

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  San Francisco, 27 July 2022:  The Report  Medical Marijuana Market  Size, Share & Trends Analysis Report By Product Type (Flower, Oil & Tinctures), By Application (Chronic Pain, Arthritis, Migraine, Cancer, Diabetes, AIDS, Epilepsy, Parkinson's Disease), By Region, And Segment Forecasts, 2022 - 2030 The global medical marijuana market size is expected to reach USD 65.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 21.6% from 2022 to 2030. It has been identified that, in 2016, Washington D.C. along with 28 states legalized marijuana for medical uses. In 2016, states such as Arkansas, Florida, North Dakota, Ohio, and Pennsylvania were approved to use the drug in medical applications such as chemotherapies and pain management. The growing number of states and countries getting approval for using it in therapeutic applications is one of the crucial factors driving the demand over ...

Aluminum Foil Market Is Estimated To Exhibit At USD 39.59 Billion By 2030

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  San Francisco, 26 July 2022:  The Report  Aluminum Foil Packaging Market  Size, Share & Trends Analysis Report By Product (Foils Wraps, Pouches, Blisters, Containers, Others), By End Use (Food & Beverage, Tobacco, Pharmaceutical), By Region, And Segment Forecasts, 2020 - 2028 The global aluminum foil market size is expected to reach USD 39.59 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.5% over the forecast period. The increasing investments in the Electric Vehicle (EV) industry and rising demand for packaging from the food & beverage, and pharmaceutical industries, along with favorable government policies regarding carbon footprint reduction, are driving the market growth. Governments around the world are encouraging the production of EVs. For instance, in 2021, the French government unveiled an industrial revival plan worth EUR 30.0 billion (~USD 32.1 billion) in sectors suc...

Ethnic Food Market Is Likely To Up Demand At USD 70.8 Billion By 2028

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  San Francisco, 26 July 2022:  The Report  Ethnic Food Market  Size, Share & Trends Analysis Report By Type (Chinese, Japanese, Mexican, Italian), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Grocery Stores, Online), By Region, And Segment Forecasts, 2022 - 2028 The global ethnic food market size is expected to reach USD 70.8 billion by 2028, registering a CAGR of 8.7% over the forecast period, according to a new report by Grand View Research, Inc. The growing demand for ethnic food cuisines in developed regions is propelling the industry demand. Globalization and increasing migration are major factors driving the growth of the market, which is also facilitated by the increasing food promotion via various media platforms. Number of ethnic food consumers is growing worldwide with rising number of migrants around globe. As international trade, tourism, and immigration have increased globally, the part of ethnicity has bec...

Fresh Fruits Market To Expand Industry Growth At USD 708.1 Billion By 2028

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  San Francisco, 26 July 2022:  The Report  Fresh Fruits Market  Size, Share & Trends Analysis Report By Product (Apples & Pears, Bananas, Berries & Grapes, Citrus Fruits, Watermelon & Melon, Mangoes & Guava, Pineapples), By Distribution Channel, By Region, And Segment Forecasts, 2022 - 2028 The global fresh fruits market size is expected to reach USD 708.1 billion by 2028, registering a CAGR of 3.6% from 2022 to 2028, according to a new report by Grand View Research, Inc. The growing food industry and increasing spending on fresh food products are expected to promote market growth over the forecast period. Moreover, increasing awareness about the benefits of fresh fruits among consumers is further propelling market growth. Factors such as rising middle-class population, rising disposable income, rapid urbanization, changing consumer lifestyles, and the rise of vegetarianism are some factors likely to increase the growth of this target m...

Tomato Ketchup Market To Witness A Significant Growth Of USD 25.4 Billion By 2028

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  San Francisco, 26 July 2022:  The Report  Tomato Ketchup Market  Size, Share & Trends Analysis Report By Product (Regular, Flavored), By Packaging (Bottled, Pouch), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2022 - 2028 The global tomato ketchup market size is expected to reach USD 25.4 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 2.8% from 2022 to 2028. The increasing processed food industry and rising demand for fast food across the world are driving the market. Moreover, the continuous efforts on introducing flavored products with attractive packaging increase the demand for tomato processed products in emerging economies. Moreover, a lockdown situation has been observed during the COVID-19 pandemic, and it showed an impact on the market for tomato ketchup due to the suspended or delayed supply of raw materials like tomato and other raw materials. How...