The global gluten-free products market size is projected to reach USD 43.65 billion by 2027, exhibiting a CAGR of 9.2% during the forecast period, according to a new report published by Grand View Research, Inc. The rising prevalence of lifestyle-related diseases has favored is driving the product demand. Increasing instances of diseases, most notably chronic and non-communicable diseases leading to disability or death have bolstered the demand for gluten-free products.
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Furthermore, increasing focus of food manufacturers as regards various parameters including production of food products with less saturated fat coupled with efficient labelling solutions has driven the demand for gluten-free products. Another important factor favoring market growth is the increasing incidences of Irresistible Bowel Syndrome (IBS) and celiac diseases. U.S. is one of the major consumers of gluten-free products as on an average, one of every 133 people suffer from celiac disease, and one in every 56 people experience similar symptoms. High cases of misdiagnosis of the disease is likely to drive the product demand in the country. However, the lack of awareness about celiac disease, leading to the consumption of gluten-rich food products, may hinder the market growth.
North America accounted for the largest revenue share of 40.61% in 2019. The region is home to major food brands and companies with extensive distribution networks that provide a wide array of commodities. Consumers also have favorable perceptions about healthy gluten-free food products, which is likely to boost the market growth. The favorable regulatory framework and initiatives to promote a gluten-free diet by the U.S. Food and Drug Administration (FDA) and subsidy allocations are anticipated to boost the regional market over the forecast period.
Further key findings from the report suggest:
- In terms of product, bakery products emerged as the largest segment in 2019, registering a revenue of USD 5.64 billion. It is expected to expand at a CAGR of over 10.2% over the forecast period
- In terms of distribution, independent natural or health food store segment is anticipated to register the fastest growth over the forecast period, attributed to the rising consumer disposable incomes and awareness about organic and natural foods
- Asia Pacific is expected to witness the fastest growth over the forecast period. The market conditions are highly promising due to factors such as the increasing internet penetration, booming e-commerce market, and favorable demographics
- Australia is a growing market for gluten-free bakeries. Regulations by the Australian government favor the initialization of start-ups in the food and beverage industry
- The gluten-free products market is highly competitive with a sizable number of players sharing the market space. Some of the key competitive strategies employed by the companies include mergers and acquisitions, expansion of product portfolio, and product innovation
- Major market participants include Boulder Brands, Inc.; General Mills, Inc.; The Hain Celestial Group, Inc.; The Kraft Heinz Company; Kellogg’s Company; Hero Group AG; and Big Oz Industries Ltd.
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The global customer data platform market size is expected to reach USD 5.66 billion by 2025, registering a CAGR of 27.5% from 2019 to 2025, according to the new study conducted by Radiant Insights, Inc.
Furthermore, the need to engage and improve customer life-cycle by comprehending the collected insights is also contributing to the growth of the market.
Currently, brands and marketers accumulate huge volumes of customer data in the form of demographic, behavioral, and transnational segments.
Furthermore, information gathering based on cross-platform and online activities for customer conversion and engagement also remains a challenge for marketers.
Retail and consumer goods were the early adopters of customer data platforms and the adoption gradually increased among the financial services, travel, IT and Telecom, and healthcare verticals.
In 2018, CDP vendors generated funds worth more than USD 1.5 billion and registered a growth by 48% in funding as compared to the previous year.
The global minimally invasive surgical instruments market size is expected to reach USD 42.2 billion by 2026 progressing at a CAGR of 9.85% over the forecast.
The preference for minimally invasive surgical (MIS) procedures is rising as they are less traumatic than traditional open surgeries and they facilitate faster recover process.
Patients can resume their daily activities in shorter time after minimally invasive procedures.Access Sample Report of this report @ https://www.radiantinsights.com/research/minimally-invasive-surgical-instruments-market/request-sampleAccording to a research article published in the medical journal, JAMA Surgery, in March 2015, the use of minimally invasive surgeries for routine operations of colon, lungs, and appendix can result in reduction of postoperative complications, thereby saving nearly USD 280 million to USD 340 million per year.
Investments in minimally invasive surgical instruments are gradually rising in hospitals, thereby driving the market.In addition, the costs involved in MIS procedures are significantly less than in-patient and conventional open surgeries.
The benefits of minimally invasive surgical instruments in various areas of orthopedics have contributed to the growing demand for less traumatic alternatives with minimum tissue disruption of bones.Further Key Findings from the Report Suggest:Minimal invasive technologies are designed to cause less trauma than traditional open surgeries, reduced blood loss, minimal scarring, and low chances of infectionHandheld instruments dominated the device segment in terms of revenue share in 2018.
On the other hand, electrosurgical devices are expected to witness the fastest growth rate during the forecast period.Orthopedic segment dominated the application segment in terms of revenue share in 2018.
Indore has seen exceptional growth in the real estate sector in the last few years with the construction of office and commercial complexes, high-rise residential complexes, and shopping malls.Let's learn what is driving the demand for residential plots in Indore.• The home loan interest is at an all time low and there is a PMAY Subsidy for first-time buyers which provide a favorable situation for buyers.• Reverse migration is helping in reviving the real estate sector in Indore.
People now prefer tier 2 and tier 3 cities after the outbreak of the COVID-19 pandemic.• Indore has become a hub for education, medicine, commerce, finance, and now IT companies too.
Hence, the fast development and job opportunities created in the city are also attracting buyers to Indore property plots.• AB Bypass has become a new preferred location where modern facilities can be enjoyed along with the beauty of nature.
Lots of new projects in Indore are coming up on AB Bypass road giving homebuyers options and opportunities to invest.Parsvnath City, IndoreParsvnath City in Indore is a township spread across 100 acres and located on the Agra Bombay By-pass (AB By-pass) Indore, close to all educational, recreational & shopping hubs.Indore has become a hub for new development and home buying.
Being ranked number one in cleanness and proximity to big cities like Mumbai and Delhi along with good connectivity & a better lifestyle at low cost makes Indore a convenient & attractive option to invest in new projects in Indore with a better return on investment.
The global carbon dioxide market size is expected to reach USD 10.00 Billion by 2027, registering a revenue-based CAGR of 3.4% during the forecast period, according to a new report published by Radiant Insights, Inc. Increasing application of carbon dioxide in the Enhanced Oil Recovery (EOR) technology, food and beverages, and medical industry is anticipated to be the major growth driver.
Download Free Sample Report @ https://www.radiantinsights.com/research/carbon-dioxide-market/request-sample North American and European companies are focusing on R activities and improving EOR techniques.
Technological advancements coupled with the introduction of several modern techniques, which utilize CO2 released in the production stage, are estimated to create growth opportunities for the market in the forthcoming years.
The CO2 market is moderately consolidated with the presence of numerous large multinational players.
This makes the industry highly competitive in nature as it also requires high initial investment and R cost.
Rising investments are anticipated to propel the market during the forecast period.
The global welding equipment market size is expected to reach USD 18,170.0 million by 2025, registering a CAGR of 6.9% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. A notable rise in manufacturing and construction activities across the globe is expected to boost the growth of the market over the forecast period.
Increasing adoption of automated solutions is a key trend observed in the market.
The growing demand for lightweight cars across the globe is expected to drive the demand for advanced products over the next six years.
For instance, development of the friction stir welding technology for the automotive sector, which helps avoid toxic fumes and eliminates the use of solvents required for degreasing is further expected to drive the market growth.The global rise in demand for oil and natural gas and an increase in exploration and production activities are expected to propel the growth of the market over the forecast period.
Furthermore, the introduction of advanced and smarter automatic machines, which help companies minimizes their dependency on manual labor, is expected to further drive the welding equipment market in the near future.Manufacturers are focusing on developing new technologies and related education and training content, which can improve safety, quality, and productivity of fusing processes across industries.
For instance, in November 2018, Panasonic Industry Europe GmbH and DVS, a German welding industry association, announced collaboration to train operators of automatic equipment following industry guidelines.
The global fuel cell market size is expected to reach USD 33.09 billion by 2027, exhibiting a CAGR of 15.5% over the forecast period, according to a new report published by Radiant Insights, Inc.
The rise in demand for unconventional energy sources is a key factor driving the growth.
Download Free Sample Report @ https://www.radiantinsights.com/research/fuel-cell-market/request-sample Power-based electricity generation is effective in minimizing emission of carbon dioxide or any other hazardous pollutants.
Hence, fuel cell technology plays a vital role in dealing with environmental issues as well as encouraging the use of renewable carriers of energy.
Ongoing product developments and innovation is expected to open new opportunities for emerging players.
Further key findings from the report suggest: • The fuel cell market is highly consolidated with major companies accounting for over 80% of industry demand.
