Burning agarbatti and dhoop at residence or at any religious place have been have been a traditional practice in India which have shown strong adaption and a competitive market.
Since thousands of years it has been a regular practice for almost every Indians to burn agarbatti or dhoop at home or at any ritual function such as “Havan” or at any temples. This practice have been carried out with a thinking to create environment for doing worship cleanse subtler energies, attract positive energies and repel negative ones. In India no Puja is performed without agarbatti in case of Hindus, Muslims too light Agarbattis during their prayers or at the shrines of their great leaders. Burning agarbatti is common in most of the Indian festivals. Agarbatti does not serve or relate to any one religion but is used in most of the religions during various rituals and prayers. These practices are not just prevalent in India but throughout the world the smoke of these products are looked forward as a worshiping practice as well as medicinal practice. These practice have been proven scientifically through modern research and have the benefits like sanitize the environment naturally and provides an efficient aroma therapy.
Market insight
India is the largest agarbatti and dhoop market in terms of consumption as well as production market. According to the report “India Agarbatti & Dhoop Market, By Value & Volume, By Segment (Agarbatti, Dhoop), By Fragrance ( Mogra, Jasmine, Sandal, Rose, Lavender etc.), By Packing Type (Box, Pouch), By Packing Size (0 -25gm, 26-50 gm, 51 – 100 gm, 101-150 gm, 151 – 200 gm etc.), By Region ( East, West, North, South), By Sales Channel (Retail Stores, Departmental Stores, Specialized store & Online), By Demographics (Urban, Rural), (challenges & Trends) Outlook, 2025” published by Bonafide Research the market have been growing leaps and bounds with various range of products of agarbatti and dhoop. The market has been widely derived by the largest presence of agarbatti products which have grown with over 10% CAGR in last couple of years. However the adaption towards the dhoop products by the consumer has surged in last couple of years with the products heaving wide range of fragrance and long lasting capability. It is expected that the market of dhoop products will grow at a CAGR of above 8% In coming years. The Indian agarbatti and dhoop market provides large number of variants in term of pack size, shape, fragrance, length, etc. which provide more option to a customer and the customer can have their pack of agarbatti and dhoop according to their requirement and preferences. These are such type of products that are easily found in retail stored with the packs of box or pouch of smaller size and are very convenient in price for consumers. Whereas on the other hand the products are sold through some companies owned store, agarbatti wholesale, Puja store, pan shops, shops near temple, mosque, etc. gathers large number of consumers.
Difficulties observed in the market
India being the largest producer of agarbatti and dhoop, a large amount of raw material is imported due to high prices of Indian raw materials. Agarbattis sticks are made from bamboo, a key input which is imported from China or Vietnam. This is because of the stringent Indian forest regulations creating a deficit of the raw material in the country, forcing manufacturers to turn to imports. However this was due to the free trade agreement which have now been revised to restricted trade where the importers have to acquire license from the government for import purpose. The low import rate led to closure of many Indian agarbatti manufacturing plants and number of job losses. This is because the Indian bamboo sticks were found to be costlier that have allowed manufacturers to import the products and sell into the market by easing the task. To tackle this situation KVIC came up with a solution to plant certain variety of bamboo called Bamboosa Tulda which has intermodal length of 22 inches. This organisation aims to plant around 20,000 saplings of variety every year. The import duty which was brought down to 5% in 2018 have now increased to 15.5% with GST.
Few growth drivers
The demand of agarbatti and dhoop is never ending in India as well as foreign markets. Though the demand fluctuates in regions according to occasions or festivals, but the demand never goes down from a certain level due to high presence of religious people who generally never miss their prayers and poojas. The business is always on with no holidays, infact on national holidays the business is more compared to the normal days. The never-ending demand of agarbatti and dhoop provides a competitive advantage to this industry over many other industries.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by End User
Indian baby food market has been very competitive with the formula like infant milk, follow-up and baby cereal consumers have gained a lot of attention towards the prepared baby food products.Breast milk is considered as unequalled way for providing ideal food for infants to maintain their better health and growth development.
However when the infant reaches the age of four to six months it is advisable to provide them with appropriate complimentary foods however it should not as breast-milk substitute.
These complimentary foods includes Infant milk substitute, Follow up formula, Baby Cereal, Prepared baby foods and others.
The companies are constantly introducing number of types of baby food varies according to ingredients, formula, flavors, proportion of nutrition and vitamins, and packaging.Market InsightIndian baby food market has developed a large segment for Infant milk formula as an alternative of breastfeeding.
According to the report “India Baby Food Market By Value, By Type (Infant Milk Formula, Baby Cereals, Follow-Up Formula, Prepared Food & Others), By Pack Size, By Pack Type , By Age Group, By Sales Channel ( General Retail, Multi-Brand Retail, Online), By Company (Nestle India, Denone Nutricia, GCMMF (Amul) etc.
), By Region (East, West, North, South), By Demographics (Urban, Rural), Overview, 2020-2025” the infant milk formula segment of the market have grown with a strong CAGR of around 16% in last couple of years.
Non-Small Cell Lung Cancer Market is Expected to Increase With a CAGR of 10.7% for the Study Period of 2017-2030: DelveInsight (Albany, US) DelveInsight has introduced a new Market Insights, Epidemiology, and Market Forecast Report on "Non-Small Cell Lung Cancer Market Insights, Epidemiology, and Market Forecast-2030" to its portfolio.Key Highlights from report are:As per the DelveInsight analysis, the total incident cases of NSCLC in the 7MM were observed to be 484,726 cases in the year 2017.
These cases are expected to grow with a significant CAGR in the study period 2017–2030.There are different types of treatment available for NSCLC; however, mainly 10 types of standard treatment are used, which include Surgery, Radiation therapy, Chemotherapy, Targeted therapy, Immunotherapy, Laser therapy, Photodynamic therapy (PDT), Cryosurgery, Electrocautery, and Watchful waiting.The market size of NSCLC in the 7MM is expected to increase during study period.
According to the estimates, the highest contribution in the market size of NSCLC is from the United States followed by Japan, Germany, and the UK.One of the most exciting developments in lung cancer medicine is the introduction of targeted treatments.Request for free sample pages to know more on Non-Small Cell Lung Cancer Market Forecast NSCLC is the most common type of lung cancer accounted for approximately 85% of all lung cancers.
The disease epidemiology included in the report provides historical as well as forecasted Non-Small Cell Lung Cancer epidemiology, which is segmented as Total Incident cases of NSCLC patients, Total Incident cases of NSCLC patients by Histology, Total Diagnosed cases of NSCLC patients by Stages, Total NSCLC cases of patients by Genetic mutation/Biomarkers, and Total Treated Cases of NSCLC patients by Line of Therapies scenario of NSCLC in the 7MM.The total NSCLC incident cases in the 7MM were observed to be 484,726 cases in 2017.Click here to know more on Non-Small Cell Lung Cancer pipelineNSCLC report encloses the detailed analysis of Non-Small Cell Lung Cancer marketed drugs and late stage (Phase-III and Phase-II) pipeline drugs.
The therapies that are approved for the NSCLC treatment are Rozlytrek (Entrectinib), Imfinzi (Durvalumab), Opdivo (Nivolumab), Tecentriq (Atezolizumab), Keytruda (Pembrolizumab), Tafinlar (Dabrafenib) in combination with Mekinist (Trametinib), Tagrisso (osimertinib), Lorbrena/Lorviqua (Lorlatinib), Vizimpro (Dacomitinib), Alunbrig (Brigatinib), Alecensa (Alectinib), Vitrakvi (Larotrectinib), Portrazza (Necitumumab) along with many more.Drugs covered in the report are:-There are several key players robustly involved in developing potential products such asNazartinib (EGF816)Capmatinib (INC280)Tepmetko (tepotinib)MerestinibJNJ-61186372 (JNJ-6372)Vemurafenib Plus CobimetinibX-396 (Ensartinib)Tedopi (OSE2101)Selpercatinib (LY3527723/ LOXO-292)SAR408701Braftovi (encorafinib) + Mektovi (binimetinib)PADCEV (enfortumab vedotin/ASG-22ME)Pralsetinib (BLU-667)TAK-788: Canakinumab (ACZ885)Avelumab (Bavencio)Veliparib (ABT-888): Sitravatinib (MGCD516)TesevatinibRomiplostim: CabozantinibSym015AMG 510INCMGA00012 (MGA012)Libtayo (Cemiplimab)BavituximabM7824 (Bintrafusp alfa)And many others Key Players covered in the report are:-Novartis PharmaceuticalsMerck KGaAEli Lilly and CompanyJanssen Research & DevelopmentHoffmann-La RocheXcoveryBeyondSpring PharmaceuticalsOSE ImmunotherapeuticsSanofiPfizerAstellas PharmaSeattle GeneticsBlueprint Medicines CorporationTakedaAbbVieKadmon CorporationAmgenSymphogenRegeneron PharmaceuticalsPeregrine PharmaceuticalsAvid BioservicesGlaxoSmithKlineAnd many othersThe report includes provides in depth analysis historical and forecasted Market Share (%) Distribution of NSCLC, Market Share (%) Distribution of NSCLC by Mutations/Biomarkers, Total Market Size of PD-L1 NSCLC, Total Market Size of BRAF NSCLC, Total Market Size of c-Met, Total Market Size of EGFR, Total Market Size of ALK as well.The reasons for buying this report:The report proffers an overview of pathophysiology, various diagnostic approaches and NSCLC treatment algorithm, including detailed chapters for marketed products and emerging therapies.Historical and forecasted Non-Small Cell Lung Cancer epidemiology in 7MM covering the United States, EU5 (Germany, France, Italy, Spain, and the United Kingdom), and Japan from 2017-2030.Detailed historical and forecasted NSCLC market covering the United States, EU5 and Japan from 2017-2030.
Pipeline analysis across different stages of development (Phase III and Phase II), different emerging trends and comparative analysis of pipeline products with comprehensive clinical profiles, key cross-competition, launch date along with product development activities.
This report studies the global market size of Pressure Infusion Cuffs in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Pressure Infusion Cuffs in these regions.
This report also studies the global Pressure Infusion Cuffs market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
AC Cossor & Son (Surgical)
Market size by End User
The On-demand Taxi Booking market research primarily focuses on the market size, growth, changing trends, factors that are impacting the present market over the period from 2020-2027.
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