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LMS Market
LMS Market is predicted to touch USD 33,456 Million by 2027, registering a CAGR of 13% over the forecast period, owing to the growing adoption of Bring Your Own Devices by corporates.
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Recurring expenses of traditional teaching methods has drifted organizations towards to e-leaning services to train and educate their employees. Thus, the growing adoption of e-learning platform and rising trend of bring your own devices are the major factors bolstering the global Learning Management Systems Market. Moreover, the increasing compatibility of LMS with social learning and mobile devices has inclined corporates to deploy BYOD culture has bolstered the market growth. However, the outbreak of coronavirus resulted in a temporary closure of schools and colleges, thereby, obligating trainers and faculty to adopt online teaching solutions. Changes in educational system has bolstered the LMS market share.
As per the LMS market analysis, by deployment model, the cloud-based segment is anticipated to witness a faster CAGR over the forecast period, owing to the better flexibility offered trainers and learners with cost-efficient service infrastructure.
By region, North America is projected to witness a remarkable growing, due to the growing adoption of eLearning tools and technological improvements in learning methodologies. Also, the incorporation of organizations and universities has made organizations more responsive towards changing technologies, thereby driving the LMS market growth.
Leading players in the market include D2L Corporation, Blackboard Inc., Cornerstone, McGraw Hill, Pearson, Saba Software, CrossKnowledge, Xerox Corporation, PowerSchool, Docebo, among others.
Key Developments:
In 2020, Cornerstone procured Saba, a leading vendor of talent experience solutions. This acquisition intends to facilitate Cornerstone to encourage the innovation and ability of the company to help a larger and diverse group of clients.
In 2020, Blackboard Inc. innovated its new remote learning solution, called Blackboard Unite for K-12. This new solution offers a set of resources and tools to help K-12 districts with best practices needed to transform to a virtual learning model.
LMS Market Segmentation:
LMS Market by User Type
Higher Education
K-12
Government
Business
LMS Market by Deployment Model
Cloud-Based
On-Premises
LMS Market by Delivery Mode
Distance Learning
Instructor-Led Training
LMS Market by Application
Administration
Content Management
Performance Management
Others
LMS Market by Region:
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com
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Automotive Aftermarket Market
Automotive Aftermarket Market is predicted to witness a promising growth over the forecast period (2020-2027), owing to the ongoing technological innovations and growing competition across the automotive industry.
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Rapid digitalization and growing demand of new and second-hand vehicles is the major factor strengthening the automotive aftermarket market. Further, increasing concerns among consumers about the safety and comfort with the adoption of Internet of Things will boost the market growth. With the advent of autonomous driving, the complications in vehicles needing reduced maintenance intervals has increased, surging the automotive aftermarket market share.
By replacement part, the tire segment is projected to lead the market over the forecast period, owing to the low substitution cycle of tires over its counterparts. The growing need for comfort and high maintenance of tires among customers will fuel the automotive aftermarket market size.
By region, Asia-Pacific region is forecast to expand at a higher CAGR during the forecast period, owing to the expansion across Japan, China, India, and South Korea and the growing production of aftermarket products in the automotive industry. North America is anticipated to hold a larger share over the forecast period, due to the rising safety concerns of vehicles.
Leading automotive aftermarket companies in the market include 3M Company, Continental AG, BorgWarner Inc., Tenneco Inc., Marelli Holdings Co., Ltd., Robert Bosch GmbH, The Goodyear Tire & Rubber Company, ZF Friedrichshafen AG, Denso Corporation, and Cooper Tire & Rubber Company, among other companies.
Key Developments:
In 2020, BorgWarner Inc., a major company offering effective technology solutions for hybrid, combustion, and electric vehicles, adopted Delphi Technologies PLC. This will improve the company’s business portfolio in the automotive aftermarket industry.
In 2018, Tenneco Inc., adopted Federal-Mogul Corporation, leading global suppliers of original equipment manufacturers and the aftermarket in automotive industry. This acquisition helped to enhance the product portfolio of the company in the aftermarket products.
Automotive Aftermarket Market Segmentation:
Automotive Aftermarket Market by Replacement Part
Tire
Battery
Brake Parts
Filters
Body Parts
Lighting & Electronics Components
Exhaust Component
Turbochargers
Others
Automotive Aftermarket Market by Distribution Channel
Online
Offline
Automotive Aftermarket Market by Region:
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com
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3D Printing Market
GMI Research projects the 3D printing market to expand at a CAGR of 21% over the forecast period (2020-2027), owing to the ongoing innovation in material structure and the increasing research and development activities.
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3D printing technology helps producers to provide customized products with enhanced accuracy and shine depending on the customer’s need. Growing use of 3D printing technology for product designing due to its ability to reduce risk and real-time insights is a prime factor stimulating the 3D printing market size. Increasing investment by government across 3D printing projects and the reduction in process down time and production cost are likely to bolster the market growth. Several end-use industries such as aerospace, automotive, and consumer goods have shifted towards functional part manufacturing from prototyping, which will fuel the market growth. However, the misunderstanding about prototyping process across the small and medium-sized producers might hamper the 3D printing market growth.
By technology, the direct metal laser sintering segment is projected to witness a promising growth over the forecast period, due to the growing use of DMLS to produce complicated structures, such as automotive and aerospace. Further, as per the 3D printing market analysis, the augmenting deployment of the technology to produce fixtures and jigs and the user-friendly feature have propelled the market growth. The direct metal laser sintering helps producing superior metal parts as it facilitates the construction of complicated geometries of metals.
By application, the prototyping segment is anticipated to grow at a higher CAGR over the coming years. The 3D printing produces prototypes from 3D computer-driven designs to help organizations decrease the wastages and operational costs. The fast production of cheaper prototypes based on the customer’s need has bolstered the prototyping demand across several industries, driving the 3D printing market size.
By region, the North American region is forecast to boom over the upcoming years due to the increasing application of 3D printers across healthcare, automotive, and energy sector. Asia-Pacific region, on the other hand, will lead the market owing to the rapid urbanization and increasing production of consumer electronics.
Leading operating in the market include GE Additive, SLM Solutions, EOS GmbH, Envisiontec, Exone, Stratasys, 3D Systems, Protolabs, and Mcor Technologies, Voxeljet, HP, among others.
Key Developments:
In 2020, SLM solutions partnered with Honeywell International Co., to introduce new parameter sets for the 3D printed aluminum alloy with higher thicknesses. This partnership intended to use this material to produce components in the aerospace industry.
In 2020, Protolabs introduced new 3D printed cobalt chrome for the aerospace sector. The cobalt chrome gained huge prominence due to high strength to weight ratio and ability to take shape depending upon the product.
3D Printing Market Segmentation:
3D Printing Market by Offering
Printer
Desktop
Industrial
Material
Plastic
Thermoplastics
Acrylonitrile Butadiene Styrene (Abs)
Polylactic Acid (Pla)
Nylon
Polypropylene
Polycarbonate
Polyvinyl Alcohol (Pva)
Others
Photopolymers
Metals
Steel
Aluminum
Titanium
Silver
Gold
Others
Ceramics
Glass
Silica
Quartz
Others
Others
Software
Design
Inspection
Printing
Scanning
Service
3D Printing Market by Process
Powder Bed Fusion
Material Extrusion
Vat Photopolymerization
Material Jetting
Binder Jetting
Directed Energy Deposition
Sheet Lamination
3D Printing Market by Application
Prototyping
Functional Part Manufacturing
Tooling
3D Printing Market by Vertical
Aerospace & Defense
Engineering
Healthcare
Consumer Products
Automotive
Jewelry
Education
Energy
Architecture and Construction
Printed Electronics
Food and Culinary
3D Printing Market by Technology
Stereolithography (SLA)
Fused Deposition Modeling (FDM)
Selective Laser Sintering (SLS)
Direct Metal Laser Sintering (DMLS)
PolyJet/MultiJet Printing (MJP)
Inkjet Printing
Electron Beam Melting (EBM)
Laser Metal Deposition (LMD)
Direct Light Projection (DLP)
Laminated Object Manufacturing (LOM)
Others
3D Printing Market by Region:
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com
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Industrial Cleaning Market
Industrial Cleaning Market was valued at USD 45 Billion in 2018 and is predicted to expand at a CAGR of 4.1% over the forecast period (2019-2026). Industrial cleaning is an important method used to clean hazardous particles across every industry, ensuring effective functioning of the product.
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Major factors which include rapid urbanization, rising expenditure on health, and growing awareness about hygiene and cleanliness at the workplace are fueling the industrial cleaning market. Rising use of industrial cleaning chemicals across energy generation, petrochemicals, healthcare, food processing and automobile industries will propel the market growth. Further, strategic government norms enforced to ensure cleanliness across work areas and industries is projected to offer captivating opportunities to the market.
The outburst of coronavirus crisis has moderately impacted the industrial cleaning sector due to the disruption in global supply chain, as the product majorly relies on commercial and healthcare institutions. However, the industrial cleaning market report asserts that post-pandemic the demand is predicted to increase, owing to the rising recognition towards hygiene and cleanliness.
North America is anticipated to lead the market over the forecast period, due to the rising recognition about the importance of hygiene. Asia Pacific will expand at higher CAGR over the forecast period, attributed to the increasing demand for industrial cleaning chemicals. Also, as per the industrial cleaning market research, surging demand for industrial cleaning in hospitals is another factor stimulating the regional demand for industrial cleaning chemicals.
Industrial Cleaning Market Segmentation:
Industrial Cleaning Market by Ingredient Type
Surfactants
Solvents
Chelating Agent
pH Regulators
Solubilizers/Hydrotropes
Others
Industrial Cleaning Market by Product Type
General Cleaners
Metal Cleaners
Disinfectants
Commercial Laundry
Dish Washing
IOven & Grill Cleaners
Food Cleaners
Dairy Cleaners
Industrial Cleaning Market by Application
Manufacturing & Commercial Offices
Healthcare
Retail & Food Service
Hospitality
Food Processing
Automotive & Aerospace
Others
Industrial Cleaning Market by Region:
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com
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Building Automation System Market
Building Automation System Market size is likely to expand at a faster CAGR over the forecast period.
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Increasing adoption of building automation systems to automate the safety solutions via biometric and video surveillance systems and monitor the activities of people has augmented the building automation system market growth. Further, as per the building automation system market report, growing penetration of wireless sensors, internet of things, and strategic initiatives to improve energy efficiency will drive the market growth. The market growth can also be attributed to the growing emphasis on reducing utility costs and evolving need for energy management. Evolving need for energy-effective facilities with enhanced safety systems is another factor contributing to the building automation system market size.
By offering, the security and access controls segment is anticipated to hold a larger share over the forecast period, owing to the increasing use of these systems to protect information and monitor activities in buildings.
By region, North America is predicted to witness a faster CAGR during the forecast period, owing to the growing emphasis on encouraging the adoption of smart solutions. Also, the building automation system market report \the early adoption of these solutions in US and Canada have driven the market growth. The strong presence of leading building automation systems players such as Siemens, and the advent of latest concepts and ongoing technological innovation have driven the global building automation system market growth.
Leading players operating in the market include Siemens AG, Honeywell International Inc., Johnson Controls, Schneider Electric, Carrier, Legrand, ABB, Hubbell, Bosch Limited, and Trane Technologies plc, among others.
Key Developments:
In 2020, Honeywell International Inc., partnered with SAP SE to improve the performance of buildings in terms of energy efficiency by incorporating the cloud-based operations and businesses. This data helps real estate owners, corporate companies, and other operators to combine the financial and operational intelligence.
In 2020, Siemens launched Desigo PXC4 for HVAC plants and Desigo PXC5 for the integration of HVAC systems. These controllers help automate the SMEs buildings to achieve flexible and scalable building automation.
In 2020, Johnson Controls procured Qolysy Inc., a leading residential and building automation solution and smart home developer to improve the long-term growth opportunities.
Building Automation System Market Segmentation:
Building Automation System Market by Offering
Facility Management Systems
Security and Access Control
Fire Protection Systems
Building Energy Management Software
Bas Services
Others
Building Automation System Market by Communication Technology
Wireless Technologies
Wired Technologies
Building Automation System Market by Application
Residential Applications
Commercial Applications
Industrial Applications
Building Automation System Market by Region:
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com
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Gas Detection Equipment Market
Gas Detection Equipment Market is likely to witness a promising growth over the forecast period (2021-2028), owing to the growing emphasis on reducing oil and gas methane discharge. Also, this equipment helps reduce the damages caused by methane leakage during power generation and transportation.
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Gas detection equipment identifies the harmful gasses present in environment and raise the alarm to avoid accidents. Thus, as per the global gas detection equipment market research report, the growing need to protect workers from harmful gasses and the demand for gas detection equipment in the oil and gas industry are the major factors fueling the gas detection equipment market growth. Increasing awareness about the harmful impact of the low concentration innocuous gases on workers has raised the emphasis on safety across commercial and industrial areas, thereby driving the global gas detection equipment market growth.
In 2020, the outburst of coronavirus has significantly impacted the market demand. Gas detection equipment can detect oxygen leakage in hospitals and protect patients, thus is increasingly demanded in hospitals during pandemic as the patients suffering from coronavirus need extra oxygen.
By end-use industry, the oil & gas segment is anticipated to grow at a higher CAGR during the forecast period, owing to the growing awareness about benefits of gas detection equipment which include enhancement in plants, cost saving, and more safety. Also, surging demand for wireless gas detection systems across the oil & gas sectors is augmenting the Gas Detection Equipment Market Size.
By sensor type, the infrared sensors segment is predicted to witness a faster CAGR over the forecast period, owing to their ability to provide précised details.
By region, North America region is likely to lead the market over the coming years, owing to the rising demand for occupational safety norms. However, the Asia-Pacific region will hold a larger share over the forecast period, due to the growing demand for gas detection systems in India and China.
Leading players in the market include Siemens, RIKEN KEIKI Co., Ltd., Honeywell International Inc., Sensor Electronics, GE DIGITAL, Raeco Rents, LLC, Industrial Scientific, SCHAUENBURG GRUPPE, Trolex, and ESP Safety, among others.
Gas Detection Equipment Market Segmentation:
Gas Detection Equipment Market by Sensor Type
Infrared sensors
Electrochemical Sensors
Metal Oxide Semiconductor (MOS) sensor
Gas Detection Equipment Market by End-Use Industry
Oil & Gas
Water Treatment
Semiconductor
Mining
Building Automation and Construction
Power Generation/Utilities
Gas Detection Equipment Market by Power Source
Battery-powered gas detectors
Hardwired gas detectors with backup batteries
Hardwired Gas Detectors without backup batteries
Gas Detection Equipment Market by Region:
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com
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Quantum Dot Market
Quantum Dot Market is anticipated to touch USD 4416 Million by 2025, registering a Compound Annual Growth Rate of 40.9% over the forecast period, owing to the rising demand for optimum devices with high resolution.
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Quantum dots are semiconductor nanoparticles with exclusive electronic and optical properties that functions like molecules and its properties can be adjusted by adding or removing electrons. Growing demand for quantum dots in high-quality display devices and mounting demand for quantum dots over traditional displays are the major factors propelling the quantum dots market growth. Quantum dots are increasingly used in the photovoltaic cells which has significantly reduced the distillation cost incurred in case of silicon, thereby, increasing efficiency. Other factors such as growing focus on offering enhanced resolution and need to reduce band light persistence in the electronic industry have bolstered the market growth. However, limited adoption and high manufacturing cost of quantum dots as compared to the conventional display technologies might hamper the quantum dot market size.
Leading players in the market are Nanosys Inc., Nanoco Group Plc., Ocean Nano Tech., QD Laser Inc., Thermo Fischer Scientific Inc., The Dow Chemical Company, Sigma Aldrich Co., NN Labs LLC., Sony Corp. and Quantum Materials Corp.
The Global quantum dot market is segmented on the basis of manufacturing technology, raw materials, application and key regions.
Asia Pacific dominates the overall quantum dots market during the forecast period, owing to the rising research and development activities. Factors such as the strong presence of leading producers, ongoing innovation in the display systems and surging demand for quantum dot displays have propelled the quantum dots market share. Further, increasing disbursement on TV, smartphones, and monitors with the launch of new products has increased the adoption of QD displays, thereby augmenting the regional growth.
Quantum Dot Market Segmentation:
Quantum Dot Market by Manufacturing Technology
Colloidal Synthesis
Plasma Synthesis
Fabrication
Viral Assembly
Electrochemical Assembly
Bulk Manufacturing
Heavy Metal- Free Quantum Dots
Quantum Dot Market by Raw Material
Cadmium Selenide
Cadmium Sulphide
Indium Arsenide
Graphene
Silicon
Non- Toxic Raw Materials
Others
Quantum Dot Market by Application
Optoelectronics
Photovoltaic Cells
LEDs
TVs and Display Units
Photodetectors
Others
Healthcare
Quantum Computing
Others
Quantum Dot Market by Region:
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com
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HR Analytics Market
HR Analytics Market size is poised to reach USD 13,911 Million by 2026, growing at a CAGR of 13.1% over the forecast period. Human Resource Analytics refers to the process of analyzing people within an organization to improve the performance of employees. HR Analytics solution helps to improve the productivity of an organization to offer an improved work environment for employees.
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Growing adoption of HR analytics across small and medium organizations to reach a data-driven decision and improve workforce optimization and talent mobility has steered the HR Analytics market growth. Also, the analytics software improves the performance of employees and saves time and cost for the organization. It helps in making managerial decisions guided by HR data to enhance employee experience, workforce planning, and task automation, thus providing an improved work environment to employees. With the growing need to enhance efficiency and minimize operational costs for an organization, the HR analytics market has substantially grown. These solutions allow the companies to emphasize enhancing workforce efficiency and employee retention, which can increase the ROI for an enterprise, help enhance productivity, and provide a better work culture. However, the growing safety concerns using cloud services is a major factor hampering the market growth.
By end-use segment, the IT and Telecom industry will lead the market over the forecast period, owing to the rapid globalization. Also, the companies have extended their global footprint, which has resulted in complexities in handling the globally dispersed workforce, thus strengthening the market for HR analytics solutions.
By region, Asia-pacific is anticipated to dominate the market during the forecast period owing to rapid digitalization has raised the need for HR analytics. With the rising trend of start-up culture and growing productivity and performance of the employee, the market has bolstered. Countries such as India, New Zealand, Australia, Japan, and China are the market leader in this region.
HR Analytics Market Segmentation:
HR Analytics Market by Component
Solutions
Services
HR Analytics Market by Deployment Type
On-Premises
Cloud
HR Analytics Market by Organization Size
Small and Medium-sized Enterprises
Large Enterprises
HR Analytics Market by Vertical
Healthcare
BFSI
Government
IT& Telecommunication
Education
Retail
Manufacturing
Others
HR Analytics Market by Region:
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com
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Ketones Market
Ketones Market is anticipated to grow at a faster CAGR over the forecast period, owing to the growing consumption of convenience food and increasing health awareness.
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Ketones are simpler compounds that include a carbonyl group and are used in ketone oils and esters. Changing lifestyle of consumers and the growing use of ketones across the beverage industry by leading producers will fuel the ketones market. Increasing drift toward a healthy lifestyle and consumption of functional food is further projected to propel market growth. However, ketone supplements are very costly, and increasing concern about the risk of ketones might hamper the Ketones Market Size.
By application, the supplements application is anticipated to witness a faster CAGR over the forecast period, owing to their increasing use among sportspersons and athletes. Moreover, as per the Ketones Market forecast, accelerating per capita income and a rising geriatric population will bolster the market growth. However, the Food & Beverage application is predicted to expand at a higher CAGR during the forecast period owing to the rising health awareness among consumers.
By supplement type, the Ketone Salts segment is forecast to lead the market growth over the forecast period. They are mostly used in dietary supplements and help increase the level of ketones in the blood. The Ketone Oils segment is anticipated to grow at a faster CAGR over the forecast period owing to their increasing application in the food & beverages application.
By form, the solid form segment is predicted to grow at the highest rate over the forecast period. The solid form of ketones raises the shelf life of products in comparison to the liquid and semi-liquid forms. Also, it is a more favored alternative among consumers as it is easy to carry than the liquid and semi-liquid form.
By region, the North American region is expected to expand at a faster CAGR over the forecast period due to the accelerating incidences of diseases. Moreover, ketone supplements and food & beverage alternatives have gained immense prominence for several weight loss programs, which will augment the ketones market growth.
Key Developments:
In 2018, HVMN Inc. introduced a drink composed of pure ketone ester to enhance the athletic energy, ability, and health of consumers.
In 2018, Life Sense International LLC innovated a domestically produced formulation of BHB exogenous ketones salts to raise energy and emphasize sports and daily activities of consumers.
Ketones Market Segmentation:
Ketones Market by Application
Supplements
Food & Beverage
Cosmetics & Personal Care
Ketones Market by Form
Solid
Liquid & Semi-Liquid
Ketones Market by Supplement Type
Ketone Salts
Ketone Esters
Ketone Oils
Raspberry Ketones
Ketones Market by Region:
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com
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Ketones Market
Ketones Market is anticipated to grow at a faster CAGR over the forecast period, owing to the growing consumption of convenience food and increasing health awareness.
Request For a FREE Sample Report on Ketones Market
Ketones are simpler compounds that include a carbonyl group and are used in ketone oils and esters. Changing lifestyle of consumers and the growing use of ketones across the beverage industry by leading producers will fuel the ketones market. Increasing drift toward a healthy lifestyle and consumption of functional food is further projected to propel market growth. However, ketone supplements are very costly, and increasing concern about the risk of ketones might hamper the Ketones Market Size.
By application, the supplements application is anticipated to witness a faster CAGR over the forecast period, owing to their increasing use among sportspersons and athletes. Moreover, as per the Ketones Market forecast, accelerating per capita income and a rising geriatric population will bolster the market growth. However, the Food & Beverage application is predicted to expand at a higher CAGR during the forecast period owing to the rising health awareness among consumers.
By supplement type, the Ketone Salts segment is forecast to lead the market growth over the forecast period. They are mostly used in dietary supplements and help increase the level of ketones in the blood. The Ketone Oils segment is anticipated to grow at a faster CAGR over the forecast period owing to their increasing application in the food & beverages application.
By form, the solid form segment is predicted to grow at the highest rate over the forecast period. The solid form of ketones raises the shelf life of products in comparison to the liquid and semi-liquid forms. Also, it is a more favored alternative among consumers as it is easy to carry than the liquid and semi-liquid form.
By region, the North American region is expected to expand at a faster CAGR over the forecast period due to the accelerating incidences of diseases. Moreover, ketone supplements and food & beverage alternatives have gained immense prominence for several weight loss programs, which will augment the ketones market growth.
Key Developments:
In 2018, HVMN Inc. introduced a drink composed of pure ketone ester to enhance the athletic energy, ability, and health of consumers.
In 2018, Life Sense International LLC innovated a domestically produced formulation of BHB exogenous ketones salts to raise energy and emphasize sports and daily activities of consumers.
Ketones Market Segmentation:
Ketones Market by Application
Supplements
Food & Beverage
Cosmetics & Personal Care
Ketones Market by Form
Solid
Liquid & Semi-Liquid
Ketones Market by Supplement Type
Ketone Salts
Ketone Esters
Ketone Oils
Raspberry Ketones
Ketones Market by Region:
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com
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