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Meat Substitute Market On The Rise

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According to a new report published by Allied Market Research titled, Meat Substitute Market by Product Type, Source and Category: Global Opportunity Analysis and Industry Forecast, 2018-2025,” the global meat substitute market size was valued at $4,175 million in 2017, and is expected to reach $7,549 million by 2025, registering a CAGR of 7.7% from 2018 to 2025. Europe dominated the global meat substitute market in 2017, accounting for 38.5% of the total revenue.

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The meat substitute market by product type comprises products prepared from tofu, tempeh, textured vegetable protein, seitan, quorn, and other plant-based sources. Textured vegetable protein (TVP)-based meat substitutes occupied the largest market share of 35.8% in 2017 as it is the basic ingredient in most of the soy-based meat substitute products. In terms of growth, Seitan-based meat substitutes are projected to exhibit an impressive CAGR of 9.4%, owing to increase in adoption in the food service industry.

Most of the food and snack products, marketed as meat substitutes are either frozen, refrigerated, or shelf-stable. Products offered by leading meat substitute companies such as Amys Kitchen, Beyond Meat, and others, primarily belong to frozen category. However, shelf stable category is projected to exhibit the fastest growth in the coming years.

Various categories of meat substitutes marketed by players include frozen, refrigerated, and shelf-stable products. Frozen meat substitutes occupied a prominent market share of 77.2% in 2017, followed by refrigerated and shelf stable meat substitute products. The shelf stable category is anticipated to exhibit the fastest CAGR of 9.1% from 2018 to 2025.

Key Advantages of the Meat Substitute Market:

    • In terms of value, the quorn-based segment is expected to grow at a CAGR of 8.5% during the forecast period.
    • Europe is expected to dominate the market, registering a CAGR of 7.3% in terms of value.
    • Asia-Pacific is projected to exponential growth in demand throughout 2025, growing at the highest CAGR 9.4%, in terms of value.
    • Soy-based segment is anticipated to dominate the global meat substitute market registering CAGR of 7.2%.
    • In the global meat substitute market, the shelf stable segment is expected to grow at a CAGR of 9.1%, in terms of value.

 

Curious? Need more details? The request a sample of the “Meat Substitute Market” report.

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Ozone Generation Market – Emerging Markets in Developing Countries

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The global ozone generation market was valued at $880 million in 2016, and is expected to reach at $1,486 million by 2023, registering a CAGR of 7.4% from 2017 to 2023. Asia-Pacific is expected to dominate the market and is expected to maintain this trend throughout the forecast period.

The improvements in ozone generation technologies have enabled industrial and municipal wastewater treatment frameworks to consider ozone treatment as a feasible and economic option. High ozone concentration and high gas pressure of modern ozone generators have made highly polluted water samples treatable at a lesser cost.

Ozone is a highly effectual and dynamic sterilizing agent with application in many industries, owing to collective awareness regarding environmental pollution. Wastewater reclamation, potable water conservation, sludge minimization, and sludge pretreatment are some of the prominent avenues of ozone generation application in industrial and municipal backdrops.

Ozone Generation Market

Rise in need for clean drinking water, increase in usage of ozone technologies, and rapid urbanization & demographic growth drive the market. However, high installation & operational cost of ozone generation systems and lack of awareness regarding ozone generators hamper the potential of the market for different applications.

The potable water treatment segment accounted for around one-third share of the global market in 2016, and is expected to maintain its dominance during the forecast period, owing to growth in population and urbanization. However, air treatment applications are also expected to grow with a moderate CAGR due to rise in demand for deodorizers and high ozone-level shock treatments.

In 2016, Asia-Pacific and North America collectively accounted for around two-thirds share of the global market, while Asia-Pacific is expected to grow at a higher rate during the forecast period. Furthermore, high demand from the emerging countries, such as Japan, India, and China, is estimated to drive the market growth.

The major companies profiled in the report include, Absolute Systems, Inc., Chemtronics Co., Ltd., DEL Ozone, EBARA Technologies, Inc., ESCO International Ltd., Fuji Electric Co., Ltd., International Ozone Technologies Group, Inc., Mitsubishi Electric Corp., Toshiba Infrastructure Systems & Solutions Corporation, and Suez SA.

Oil Shale Market – Industry Share, Growth and Regional Forecast

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Burgeoning demand for energy worldwide, depleting reserves of crude oil, and reduction in energy dependence after the advent of oil shale would propel the growth of the global oil shale market

The report offers an extensive analysis of the market size & share, key winning strategies, drivers, restraints, & opportunities, market landscape, and top investment pockets. According to the report, the oil shale market garnered $1.6 billion in 2017, and is estimated to reach $5.63 billion through 2025 in five current commercialized country markets across the globe, registering a CAGR of 16.7% from 2018 to 2025.

The factors aiding the growth of the global oil shale market include concerns about depleting crude oil reserves, surge in energy requirement globally, and benefits offered by oil shale such as reduction in energy dependence. However, high costs of equipment, mining, and processing technologies have resulted in increased cost of extracting oil from oil shale, which in turn is expected to hamper the growth of the industry. Conversely, developments in extraction techniques for obtaining kerogen from oil shale coupled with improvements in drilling techniques are expected to provide lucrative opportunities for the growth of the market in future.

The oil segment accounted for more than two-thirds of the total market share in 2017. It is expected to grow at the fastest CAGR of 16.9% from 2018 to 2025 on account of the large oil reserves present in oil shale. Moreover, the report analyzes several products such as gas, coke, and others.

The ex situ segment accounted for nearly three-fourths of the total market share in 2017. This segment would maintain its lead throughout 2025, as the oil shale industry uses surface mining to excavate oil shale.  However, the in-situ segment would grow at the fastest CAGR of 18.8% from 2018 to 2025 due to advancements in drilling technologies coupled with less pollution of ground water.

The electricity segment captured two-thirds of the total market share in 2017. It is expected to remain dominant through the study period, as majority of the oil shale is used to produce electricity in countries where resources such as coal and gas are unavailable. On the other hand, the cement segment would grow at the fastest CAGR of 17.6% during the forecast period, due to large-scale production of spent shale during extraction process, which is used as a raw material in cement production. The report analyzes additional applications, namely, fuel and others.

U.S. is projected to grow at the highest CAGR of 27.1% from 2018 to 2025, due to presence of abundant oil shale reserves in this region. On the other hand, Estonia contributed more than two-thirds of the total market share in 2017, and would maintain its dominance through the forecast period, as it has huge oil shale reserves that can be easily extracted for use in electricity production. The other commercialized regions discussed in the study include RussiaChina, and Brazil.

Apart from the commercialized markets, the report present a comprehensive analysis of the countries, such as AustraliaCanadaItalyMorocco, and others that includes Republic of Congo and Jordan, where presence of oil shale reserves has been identified.

The key market players operating in the global oil shale industry include American Resource Petroleum Corp., Chevron Shale Oil Company, Exxon Mobil Corp, American Shale Oil Corp. (AMSO), AFSK HOM TOV, and others. They have adopted various strategies such as business expansion, agreement, acquisitions, and joint venture to increase their market shares and expand their footprint.

 

Virtual Power Plant Market Till 2023 | Latest Trends, Growth & Forecast Analysis

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The global virtual power plant market was valued at $762 million in 2016, and is expected to reach at $4,587 million by 2023, registering a CAGR of 25.9% from 2017 to 2023. North America is expected to dominate the market and is expected to maintain this trend throughout the forecast period.

Virtual power plant is an aggregation of decentralized generators with the outline to integrate different distributed energy sources such as biomass plants, biogas block heating plants, wind turbines, and hydroelectric plants.

Virtual Power Plant Market

Rise in demand for renewable energy in power generation sector, changes in dynamic of power grids from centralized to distributed, and moderating costs and easy accessibility of energy storage drive the growth of the virtual power plant market. However, health concerns over high frequency human exposure of electromagnetic and radio waves hamper the potential of the market for different end users.

The industrial segment accounted for around half the share of global market in 2016, and is expected to maintain its dominance during the forecast period, owing to energy efficiency of VPPs. However, residential end users are also expected to grow with a high CAGR due to rise in demand for renewable energy.

According to Eswara Prasad, Team Lead, Energy & Power at Allied Market Research, “The improvements in energy storage technologies have enabled industrial and commercial frameworks to consider clean and renewable energy utility as a feasible and economic option.

In 2016, North America and Europe collectively accounted for more than four-fifths share of the global market, while Asia-Pacific is expected to grow at a higher rate during the forecast period. Furthermore, high demand from the emerging countries, such as ChinaAustralia, and South Korea, is estimated to drive the market growth.

The major companies profiled in the report include, ABB Ltd., AGL Energy, AutoGrid Systems, Inc., Comverge, Inc., Enbala Power Networks, EnerNOC, Inc., General Electric Company, Siemens AG, Schneider Electric SE, Limejump Ltd., and others.

Family Entertainment Centers Changing the Market Dynamics of Entertainment Industry

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Summary: “Family/Indoor Entertainment Centers Market by Visitor Demographics, Facility Size, Revenue Source, Application, and Type: Global Opportunity Analysis and Industry Forecast 2018 – 2025”

The location-based entertainment centers (LBECs) segment is expected to grow at the highest CAGR during the forecast period as FEC operators are increasingly integrating virtual reality (VR) into location-based entertainment (LBE) centers to gain the competitive edge over the competitors and seek content and experiences which distinguish LBE VR from the growing adoption of in-home systems.

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According to the report by Allied Market Research, the global family entertainment centers market was valued at $18.91 billion in 2017 and is projected to reach $40.81 billion by 2025, registering a CAGR of 10.2% during the forecast period.

The growth of the global family entertainment centers market is driven by increased per capita disposable income, the rise in preference for indoor entertainment, and the availability of diversified gaming and entertainment options. However, the advent of home gaming and mobile devices and high installation cost & surge in ticket prices for such centers impede market growth.

Based on visitor demographics, the families with children (9-12) segment is poised to grow at the fastest rate, registering a CAGR of 13.1%, on account of the fact that more than 60% of visitors are school-aged kids within this age range who are relatively strong and well-coordinated. However, the teenagers (13-19) segment is expected to continue its dominance throughout 2025, owing to the growing popularity of arcade games and amusement parks among teenagers. Based on the activity area, the AR & VR gaming zones is expected to grow at the fastest CAGR of 14.1%, due to the increased demand for family entertainment centers offering advanced entertainment experiences.

Based on the type, the location-based entertainment centers (LBECs) segment is expected to encounter the highest growth rate of 14.0% CAGR, as they are rapidly integrating VR systems to cater to the growing demand of curious consumers and VR aficionados. However, children’s entertainment centers (CECs) would remain the dominant segment during the forecast period, accounting for more than one-third of the global market by 2025, as they facilitate child/parent interaction with a primary focus on child play activities. By region, North America generated more than a third of the global revenue in 2017 and is expected to continue its dominance through 2025. Meanwhile, Asia-Pacific is anticipated to grow at the fastest CAGR of 12.5% during the forecast period.

To explore more, get the sample copy: https://www.alliedmarketresearch.com/request-sample/5142

Major Players in Family Entertainment Centers Market:

The key players analyzed in the report include

  • Dave & Busters
  • CEC Entertainment Inc.
  • Cinergy Entertainment
  • KidZania
  • Scene 75 Entertainment Centers
  • The Walt Disney Company
  • Lucky Strike Entertainment
  • FunCity, Smaaash Entertainment Pvt. Ltd., and
  • LEGOLAND Discovery Center.

Cash Logistics Market: Factors and Restrains that Drive the Market Growth

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Surge in cash circulation, increase in the number of ATMs, and rise in demand for safe & vault for cash management drive the growth of the global cash logistics market.

The report offers detailed analyses of the market dynamics, top investment pockets, market size & forecasts, and competitive landscape. According to the report, the global cash logistics market garnered $16.5 billion in 2017, and is expected to reach $30.7 billion by 2025, registering a CAGR of 7.8% from 2018 to 2025.

Increase in cash transactions, surge in presence of ATMs, and growth in demand for safe & vault for managing cash drive the growth of the global cash logistics market. However, increase in adoption of digital payments and rise in cash-in-transit robberies restrain the market growth. On the other hand, increase in demand for cash from emerging economies and surge in manufacturing of fully automated cash-in-transit vehicles would create new opportunities to the market.

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Cash-in-transit service segment contributed more than two-fifths of the total market revenue in 2017 and is expected to maintain its dominance by 2025. This is attributed to the increasing adoption of new technologies by market players to foster safety and security of cash-in-transit vehicles. However, cash management service is expected to register the highest CAGR of 9.4% from 2018 to 2025, owing to incorporation of innovative cash management services by leading banks to handle cash and offer convenience to clients. The report also analyzes ATM services segment.

Financial institutions segment held the major share in 2017, accounting for more than two-fifths of the total market revenue and is projected to maintain its dominance throughout the forecast period. This is due to the increasing adoption of cash logistics solutions among financial institutions on account of advantages such as optimal cash flow, improved transparency, and customization of solutions among others. However, the other end user segment, which comprises individuals, private firms, and others, would grow at the fastest CAGR of 9.0% from 2018 to 2025, owing to surge in cash flow and increase in demand for safe and vault for cash management.

Asia-Pacific is expected to grow at the highest CAGR of 10.3% from 2018 to 2025, owing to expansion of banking facilities in emerging economies such as IndiaChina, and others and increase in cash circulation. However, LAMEA accounted for nearly three-tenths of the total market share in 2017 and would maintain its lion’s share through 2025 due to increase in demand for cash flow and high security threat for transportation of cash.

The key players analyzed in the report include The Brink’s Company, CMS Info Systems Ltd., Cash Logistics Security AG, Garda World Security Corporation, G4S Plc., GSLS, Lemuir Group, Global Security Logistics Co., Loomis, and Prosegur Cash, S.A.

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Automotive Interiors Market: Competitive Analysis and Profiles of Key Market Players

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Increasing need to increase fuel efficiency, growing demand for luxurious vehicles, and rapid advancements in in-vehicle infotainment are expected to boost the growth of the global automotive interiors market.

The report provides in-depth analyses of the key winning strategies, industry dynamics, top investment pockets, market size & estimations, and competitive landscape. As per the report, the global automotive interiors market accounted for $171.20 billion in 2017 and is expected to garner $249.78 billion by 2025, registering a CAGR of 4.7% from 2018 to 2025.

Growing need to improve fuel efficiency due to rising crude oil prices and increasing focus on well-being of drivers drive the growth of the global automotive interiors market. In addition, technological advancements and high demand for luxurious vehicles supplement the market growth. However, ongoing trade war & surge in automotive import tariffs and increase in raw-material prices hamper the market growth. On the contrary, untapped developing markets in Africa and Asia and advancements in in-vehicle infotainment are expected to create lucrative opportunities for the market players in future.

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The automotive seat segment held the largest share in 2017, registering about 44% of the total revenue, owing to increase in sales of vehicles and high need for low weight seats for higher fuel efficiency. However, the interior lighting segment is expected to register the fastest CAGR of 7.5% during the forecast period, owing to variations in trends related to lighting and vehicles signal indication using LED. The other segments analyzed in the report include cockpit module, door panel, and flooring.

The commercial vehicle segment is estimated to manifest the fastest CAGR of 4.9% from 2018 to 2025, owing to growing demand for commercial vehicles in the developing countries. However, the passenger cars segment held the largest share in 2017, accounting for 70.7% of the total revenue, owing to rise in demand for passenger vehicles in both emerging and developed countries.

In 2017, Asia-Pacific region governed the market, accounting for more than one-third share of the global market, owing to perpetual technological developments and increasing production of passenger and heavy commercial vehicles. However, the LAMEA region is expected to portray the fastest CAGR of 6.5% during the study period, owing to huge untapped markets in the region and anticipated growth opportunities in Africa. The other regions analyzed in the report are North America and Europe.

The report presents the analysis of leading market players, including Adient plc., Faurecia Interior System, Hyundai Mobis Company, Lear Corporation, Visteon Corporation, Calsonic Kansei Corp., Grupo Antolin, IAC Group, Robert Bosch, and Yanfeng Automotive Interiors.

Transformer Oil Market – Key Players and their Strategies

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Transformer oil market is projected to reach $3.4 billion by 2020, with the mineral oil-based transformer oil segment to maintain its dominance until 2020. Mineral oil-based transformer oil dominates the market while bio-based is projected to be the fastest growing segment. Bio-based transformer oil has emerged as an alternative for crude oil-based transformer oil, owing to its biodegradability, high dielectric strength, and low toxic risk & less carbon foot prints. Silicone transformer oil is the second fastest growing segment caused by its increasing demand as a fire safe and eco-friendly alternative to traditional transformer oil.

Transformer oils are electrical insulating oils stable at high temperature, which serves two important functions in a transformer, viz., suppression of arcing and dissipation of heat generated in the transformer. The ability of transformer oil to fulfil these functions are chiefly responsible for its adoption, and thus drives the market growth. Other important factors stimulating its growth include electrification of rural areas, expansion of power grids and increasing investment in the power sector. However, factors such as volatility in crude oil prices and increasing adoption of dry transformers are expected to hamper the market growth.

Transformer Oil Market

Mineral oil-based transformer oil dominates the market while bio-based is projected to be the fastest growing segment. Bio-based transformer oil has emerged as an alternative for crude oil-based transformer oil, owing to its biodegradability, high dielectric strength, and low toxic risk & less carbon foot prints. Silicone transformer oil is the second fastest growing segment caused by its increasing demand as a fire safe and eco-friendly alternative to traditional transformer oil.

Distribution transformers segment dominates the global transformer oil market, accounting for nearly half of the overall market, in terms of volume. The key factors responsible for this dominance is increase in energy usage coupled with increasing number of subtransmission lines to residential homes.

Asia-Pacific is expected to maintain its dominance through 2020, due to increasing demand for electricity in densely populated countries such as India and China, expansion of grid infrastructure and increasing investments in the power sector. China dominates the Asia-Pacific transformer oil market followed by India owing to the high demand for transformer oil in power transmission infrastructure. Russia and Germany are the largest consumers of transformer oil in the European market. Increasing consumption of electricity and development of new power plants are expected to provide stellar growth opportunities for the Russian transformer oil market. The Middle Eastern transformer oil market is projected to exhibit the highest CAGR during the analysis period, both in terms of volume and revenue. This is attributed to factors such as increase in power grids, heavy investment, and expansion of electricity network.

The prominent players profiled in this report, include Nynas AB, Ergon, Inc., PetroChina Company Limited, Apar Industries Limited, Calumet Specialty Products Partners, L.P., Sinopec Corporation, Hydrodec Group Plc, Cargill Incorporated, Engen Petroleum Limited, Valvoline, San Joaquin Refining Co., Inc., and Gandhar Oil Refinery India Limited.