Market Research Insights

  San Francisco, 3 Nov 2022:  The Report  Lactic Acid Market  Size, Share & Trends Analysis Report By Raw Material (Sugarcane, Corn, Cassava), By Application (PLA, Food & Beverages, Personal Care, Pharmaceuticals), By Region, And Segment Forecasts, 2022 - 2030 The global lactic acid market size is expected to reach USD 5.8 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2022 to 2030. The market growth can be attributed to the increasing demand for lactic acid in various end-use industries, including industrial, food and beverages, and pharmaceuticals, especially in emerging economies such as India, China, and Indonesia. Additionally, demand for this product as a feedstock in the production of Polylactic Acid (PLA) is anticipated to drive the market globally.  COVID-19 had a substantial effect on the expansion and dynamics of various businesses. Customers were concerned about social distancing, immunity, and

  San Francisco, 2 Nov 2022:  The Report  Industrial Insulation Market  Size, Share & Trends Analysis Report By Material (Stone Wool, Glass Wool, Foamed Plastic), By Product, By Application (Power Generation, EIP), By Region, And Segment Forecasts, 2022 - 2030 The global industrial insulation market size is expected to reach USD 12.10 billion by 2030, expanding at a compound annual growth rate (CAGR) of 5.0%, according to a new report by Grand View Research, Inc. The increasing demand for adequate thermal insulation for industrial equipment for energy-efficient operations, and economical design, is expected to drive the market during the forecast period. The raw materials used for the production of various industrial insulation products are available in abundance, which benefits the industry. However, some of the feedstock used for insulation production is derived from petrochemicals, so fluctuations in the price of crude oil result in changes in the procurement cost of the feedsto

  San Francisco, 1 Nov 2022:  The Report  Armored Vehicle Market  Size, Share & Trends Analysis Report By Product (Defense Armored Vehicle, Commercial Armored Vehicle), By Region, And Segment Forecasts, 2022 - 2030 The global armored vehicle market size is expected to reach USD 29.87 billion by 2030, growing at a CAGR of 6.9% during the forecast period, according to a new study conducted by Grand View Research, Inc. A rise in internal and external terrorism and the increasing technological advancements worldwide are expected to drive market growth over the forecast period. In February 2021, ADASI, a reputed end-to-end solution provider in the autonomous systems industry of the MENA area, revealed an armored robotic vehicle and two unmanned ground vehicles at the International Defense Exhibition and Conference. Unmanned vehicles, controlled by a ground control station with a transmission of 12 km and an endurance range of six to eight hours, can travel at speed up to 50 km/hr to pro

  San Francisco, 1 Nov 2022:  The Report  Still Wine Market  Size, Share & Trends Analysis Report By Type (White Wine, Red Wine), By Distribution Channel (Liquor Stores, Internet Retailing), By Region, And Segment Forecasts, 2022 - 2028 The global still wine market size is expected to reach USD 546.86 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 10.1% from 2022 to 2028. The growing consumption of alcohol among developed and developing countries, the adoption of a global lifestyle, an increasing number of wineries, rising disposable income, and the changing preference of consumers from hard liquor to mild alcoholic beverages are propelling the market growth. The market is mainly driven by various health benefits associated with the liquor, coupled with the advanced distribution networks and innovation of new flavors. In addition, factors such as the ease of availability to consumers and luxurious appeal are anticipated

  San Francisco, 1 Nov 2022:  The Report  Biobanks Market  Size, Share & Trends Analysis Report By Product (LIMS, Biobanking Equipment), By Biospecimen Type (Organs, Stem Cells), By Biobank Type (Real, Virtual), By Service, By Application, And Segment Forecasts, 2022 - 2030 The global biobanks market size is expected to reach USD 100.8 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 4.6% during the forecast period. Biobanks continue to evolve with the introduction of new technologies, such as NGS, and increased focus on genomic medicine. The availability of several types of biospecimens to cater to multiple domains including drug discovery, diagnostics, and others has accelerated the diversification of biorepositories, thereby driving the market. The quality of biospecimens can significantly influence disease testing as well as preclinical and clinical research. Regulatory agencies have played a vital role in spurring the adoption of b

  San Francisco, 1 Nov 2022:  The Report  Veterinary Point Of Care Diagnostics Market  Size, Share & Trends Analysis Report By Animal Type (Companion, Livestock), By Sample Type, By Product, By Testing Category, By Indication, By End-use, By Region, And Segment Forecasts, 2022 - 2030 The global veterinary point of care diagnostics market size is anticipated to reach USD 3.17 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a lucrative CAGR of 10.6% from 2021 to 2030. Factors driving the market growth comprise increasing demand for easy-to-use and rapid diagnostic products, increasing incidence of zoonotic diseases among companion and livestock animals, strategic initiatives by market players, and growing animal health concerns. For instance, in January 2022, IDEXX Laboratories expanded its reference laboratory menu for different tests and services. This may help veterinarians deal with the difficulties of cancer treatment and

  San Francisco, 31 Oct 2022:  The Report  Excipients Market  Size, Share & Trends Analysis Report By Type (Polymers, Alcohols, Sugars, Minerals, Gelatin), By Region, And Segment Forecasts, 2022 - 2030 The global excipients market size is expected to reach USD 9.37 billion by 2030, expanding at a CAGR of 6.0% for the forecast period from 2022 to 2030, according to a new report by Grand View Research, Inc. Globally increasing reach of generic medicines has been a major factor driving market growth. In addition, rising demand for newer excipients owing to the advantages of drug delivery and stability has led to the growth of the market.  Excipients are essential components for the improvement of overall pharmaceutical activity and performance, both of which directly impact the characteristics of pharmaceutical formulations. An excipient in the right proportion can improve the shelf life and bioavailability of a formulation. These can also be used in drug delivery mechanisms such as s