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Nutraceuticals Market is Expected to Reach $302,306 Million, Globally by 2022

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Patented products of pharmaceuticals products with nutraceuticals is a lucrative delivery platform for pharmaceutical industries.

Nutraceuticals market report published by Allied Market Research, forecasts that the global market is expected to be $184,092 million in 2015, growing at a CAGR of 7.04% from 2016 to 2022 to reach $302,306 million by 2022. The functional food segment dominated the market in 2015 with more than one-fourth share, in terms of revenue.

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Nutraceuticals are standardized grade of food sources derived from food sources with extra benefits in addition to basic nutritional value found in food. Integration of nutraceuticals with personal care has benefitted the market with cosmeceuticals owing to its anti-aging properties. In addition, increase in demand for nutraceutical in dietary supplements products is expected to drive the market owing to decreased use of genetically modified foods and crops. The expensive medical treatments have paved the way for nutraceuticals as an alternative to expensive drugs which is expected to boom in near future. However, production of nutraceuticals coupled with raw materials cost have increased substantially restricting the affordability of the consumers.

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Both functional foods & beverages occupy three-fifth of the total volume by revenue. Functional medicines segment in the nutraceuticals industry, and emerges as the best alternative for normal medicines. Nutraceuticals influence drug metabolism, and can also boost the pharmaceuticals in the body when optimally balanced, thus opening lucrative business opportunities through patented combinations of nutraceuticals and pharmaceuticals.

Key findings of the Nutraceuticals Market:

• Functional food segment is expected to grow with a CAGR of 6.84% during 20162022.
• The European branded flour market is expected to garner with a CAGR of 6.99% during the forecast period.
• LAMEA is expected to achieve a CAGR of 7.13% in proteins & peptides market during the forecast period.
• The functional food segment is the fastest growing market occupying more than one-fourth of the total volume in terms of revenue.
• The personal care and pharmaceuticals product is expected to grow with a CAGR of 7.61% during 20162022.
• Asia-Pacific occupies approximately one-third of the total volume by revenue in terms of geography.

Asia-Pacific and Europe collectively contributed more than half of the share to the global nutraceuticals market revenue in 2015. India is expected to achieve a CAGR of 14.23% during the forecast period.

The top market players include Archer Daniels Midland Company, Cargill Incorporated, Royal DSM N.V., BASF SE, Nestle S.A., Groupe Danone S.A., E. I. du Pont de Nemours and Company, PepsiCo Inc., Aland (Jiangsu) Nutraceutical Co., Ltd., and General Mills, Inc.

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Mobile Advertising Market Expected to Reach $243,703 Million, Globally, by 2022

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“With growth in penetration of mobile devices, the number of mobile internet users have also increased at a rapid pace worldwide. This growth is attributed to the availability of mobile devices such as smartphones and tablets at an affordable price, declining price of internet plans, and increase in connectivity services. Further, marketers have found new communication venues for targeting audience with more personalized messages. In addition, mobile advertising is more cost-effective as compared to other marketing methods such as physical, exhibitions and face to face promotion.”

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Mobile Advertising Market Report, published by Allied Market Research, forecasts that the global market was valued at $69,781 million in 2015 and is projected to reach $243,703 million by 2022, growing at a CAGR of 15.8% from 2016 to 2022.

Mobile advertising is a technique of promoting products and services on mobile devices such as smartphones, tablets, and featured phones through mobile applications (apps) or mobile websites (web).

View full summary at: https://www.alliedmarketresearch.com/mobile-advertising-market

Surge in mobile device penetration; rise in mobile internet users; increased awareness among mobile users about benefits of technology-based advertising such as increased accessibility, the speed of communication and frequency are projected to drive the mobile advertising market growth during the forecast period. However, rise in privacy and security concerns and growth in AD blocker solution adoption is projected to limit the market growth to some extent during the forecast period.

By format, the search segment dominated the market in 2014 with around 37% market revenue share owing to increase in awareness about health, safety, entertainment, and hobbies & interests among the mobile users. Furthermore, the video segment is projected to expand at the highest CAGR of 17.5%, owing to the increase in the trend of watching on-demand movies, TV shows, and others videos especially among the young population.

By category, the arts & entertainment segment dominated the market with around 45% market share, followed by hobbies & interests segment, in 2014. Further, the hobbies & interests segment is projected to expand at the highest CAGR of 16.7% due to rise in time spent on mobile devices by users across the globe.

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Based on the geography, the mobile advertising market is studied across four major regions, namely North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor in 2014, accounting for around 42% share of the overall mobile advertising market. The North America mobile advertising market is projected to grow at the highest CAGR of 17.6% during the forecast period owing to increased penetration of mobile devices in the region.

The report features a competitive scenario of the mobile advertising industry and provides comprehensive analysis of key growth strategies adopted by major players. Some of the key players operating in the mobile advertising industry include Applovin Corporation, Avazu Inc., Chartboost Inc., Facebook Inc., Flurry Inc., Google Inc., Inmobi Pte. Ltd., Matomy Media Group Ltd., Millennial Media Inc., and Smaato Inc.

Key Findings of the Mobile Advertising Market:

• By format, the search segment dominated the mobile advertising market in 2014, and the video segment is expected to grow at the highest CAGR.
• Among categories, the hobbies & interests segment is projected to create significant growth opportunities for prominent players operating in the global market.
• Asia-Pacific was the highest contributor in the overall mobile advertising market size in 2014, however in terms of growth, the market in North America is projected to expand at the highest CAGR.
• The U.S. was leading in terms of expenditure on mobile advertising in 2014, followed by Japan.

Permanent Magnet Synchronous Motor (PMSM) Market is Expected to Garner $31.1 Billion, Globally, by 2022

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“Asia-Pacific leads the global PMSM market, accounting for around 44% of the overall market revenue in 2015. The region is expected to maintain its dominance over the forecast period. Whereas, LAMEA is expected to exhibit the fastest revenue growth, owing to the increased applications of PMSM in the automation sector, decreased prices of raw materials, and technological advancements in the region.”

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Permanent Magnet Synchronous Motor (PMSM) Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $31.1 billion by 2022, registering a CAGR of 10.9% from 2016-2022. Asia-Pacific is expected to dominate the PMSM market in terms of revenue as well as volume, during the forecast period, due to ample availability of low-cost raw materials, improved government regulations, and increased spending power of customers.

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PMSMs are widely used in automation, consumer electronics, medical and lab equipment, and automotive amongst others. The automation sector is a significant revenue contributor to the PMSM market, accounting for over 30% of the overall revenue throughout the analysis period. This is attributable to the prominent role played by PMSM in the motion-control applications owing to its functionalities such as high efficiency, compact size, high power, and high torque-to-inertia ratio. From a revenue growth perspective, lab equipment would be the most lucrative application sector, owing to the to the high demand for PMSM from lab equipment manufacturers due to its high torque, speed, and reliability.

PMSMs within the voltage range of 21V30V are anticipated to be the leading revenue generators. The segment is expected to contribute over 20% of the market revenue, throughout the analysis period. This is due to increased use of PMSM machine tools which reduce the vibrations in machines. Also, these machine tools have witnessed significant growth due to high demand for industrial machines from small and medium enterprises, particularly in the developing countries. In terms of volume, 10V-20V would account for the largest units shipped during the forecast period. PMSM of this range provides high efficiency, requires low-operating temperature, and reduces the weight of motors. Thus, their suitability across the varied applications would continue to supplement their market growth.

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Key findings of the Permanent Magnet Synchronous Motor (PMSM) Market:

– The automation sector is expected to lead the market during the forecast period, attributed to high efficiency, compact size, high power, and high torque-to-inertia ratio that PMSM provides.
– PMSMs with voltage range 9V and below is expected to be the fastest growing product segment, in terms of revenue.
– LAMEA is expected to register the highest growth over the forecast period.
– Industry participants focus on introducing new products and acquisitions to strengthen their market share.

PMSM market comprises dominant players such as Baldor Electric Company, General Electric Company, and Siemens AG. These players focus on the development of new technology, launch of novel products with innovative variations, and acquisition as their key strategies to strengthen their position in the market.

Home Decor Market is Expected to Garner $664.0 Billion, Globally, by 2020

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“In developed countries such as the U.S. and U.K, eco-friendly home decor products have generated a high demand owing to the increased environment awareness. Multifunctional furniture is popular among the consumers in developing countries. Online buying of home decor products is gaining popularity, worldwide. Globally, consumers are more inclined towards buying stylish and luxury home decor products.”

home-decor

Home Decor Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $664.0 billion by 2020, registering a CAGR of 4.2% during the forecast period 2015-2020. Home decor products have generated substantial demand among consumers owing to the growing consumers interest towards the concept of home decor. Asia-Pacific is the leading market, occupying around 31% of the market share followed by Europe.

Access full summary at: https://www.alliedmarketresearch.com/home-decor-furnishing-market

The market players are focusing on developing eco-friendly products since popularity of these products is growing among consumers, owing to rising environment awareness. Among the three key product segments; home textiles, floor coverings and furniture, floor covering segment occupied the largest share in the overall home decor market in 2014. The segment is expected to maintain its leading position throughout the forecast period, owing to the wide adoption of floor coverings in different geographical markets. In 2014, Asia-Pacific occupied the highest market share in floor covering segment. Rapid urbanization, increasing disposable income and growing/booming real estate sector in the region, are main driving forces for the growth of home decor market in the region.

The three product segments are further bifurcated into sub categories based on their type. In 2014, floor covering segment was dominated by carpets & rugs, followed by tiles. North America held the largest share in vinyl & rubber flooring segment and is expected to maintain its share during 2015-2020, owing to stringent government regulations restricting the use of hazardous floor covering materials. Additionally, low maintenance, high durability and comparatively lower price than other flooring materials, are other factors that have driven the high demand of vinyl and rubber flooring in North America.

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Geographically, APAC is the leading market for home decor products. In emerging markets such as India, China and Brazil, the residential real estate industry has witnessed a considerable growth in the recent past, thereby fostering favorable environment for the home decor market in the region. Additionally, high urbanization rate, increasing disposable income and improving life style are other important factors spurring the market growth in the region.

Key Findings of Home Decor Market:

  • The global market for home decor product, is expected to grow owing to the growth in real estate industry and increasing urbanization in developing countries during the forecast period (2015-2020)
  • Floor covering segment would continue to maintain its growth trend during the forecast period
  • Asia-Pacific was the largest market for home decor products in 2014, owing to the high growth in real estate sector and increasing urban population in the region

    Global home decor market comprises players such as Inter IKEA Group, Forbo International SA, Armstrong World Industries, Inc., Mannington Mills Inc., Mohawk Industries Inc., Shaw Industries, Herman Miller Inc., Ashley Furniture Industries, Inc., Kimball International and Duresta Upholstery Ltd. The leading players are acquiring smaller players to widen their customer base. Leading players are consistently introducing new products with a wide range of design and style in order to increase their market share. Besides this, many furniture manufacturers are partnering with interior designers to create and offer a wide range of customized furniture.

Food service Equipment Market to Reach $43,379 Million, Globally, by 2022

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Growing number of hotels and restaurants in developing nations along with flourishing travel & tourism industry is expected to promote the demand for food service equipment. Moreover, stringent government regulations, energy-efficient products and increasing sanitation and hygiene requirements in commercial kitchens are expected to contribute to the further growth of the market.

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Food Service Equipment Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $43,379 million by 2022, registering a CAGR of 5.7% during the period 2016-2022. Cooking equipment segment is expected to dominate this market throughout the analysis period. North America accounted for more than one-third share of the global food service equipment market in 2015.

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Increase in tourism, growth in restaurant & hotel industry, enhancements in urban infrastructure in developing & developed nations, and rising disposable income worldwide have catalyzed the market growth. The rise in number of application areas for food service equipment, coupled with increasing per capita income & spending power is expected to boost the market. Advancement in refrigeration technology, cost-effectiveness, safety, efficiency & automation in kitchen equipment results in steady growth of the food service equipment market, globally. In addition, growing health consciousness among consumers and demand for fresh fruits are anticipated to further drive the market. However, high initial capital investment to install kitchen equipment has restrained the market growth. Moreover, the European economy is recovering after the Greece crisis, which has resulted in more number of consumers dining at small cafes and quick-service restaurants. This has supplemented the adoption of food service equipment in European countries.

Factors such as increasing demand for fresh food and decrease in cooking time have contributed towards the growth of cooking equipment. This segment accounted for about 32% of the overall food service equipment market in 2015 owing to rising demand for advanced and modular kitchen equipment. In addition, storage & handling segment is the fastest growing segment, owing to growing demand for refrigeration and advanced cooling & food warming techniques in commercial kitchens.

Based on end users, full-service restaurants & hotel segment is projected to maintain its lead due to growth in hotel and food service industry in developing nations, which can be attributed to the technological improvements in kitchens and innovation in cooking techniques. The growing demand for cooking and food preparation equipment in the developed economies, such as North America and Europe, due to established hotel industry has further boosted the market growth.

North America accounted for the majority of revenue in 2015 and is expected to maintain its dominance throughout the forecast period. This is attributed to the increased adoption of technologically advanced products, high penetration in terms of equipment installation in commercial kitchens, improved living standard, and increased demand for readymade food from rapidly aging population.

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In addition, the enforcement of the F-gas regulation by European government and mandatory requirements to meet EPA standards have derived the growth of the food service equipment in developed nations. These regulations and standards set by food service regulatory authorities urge manufacturers to develop equipment matching with these standards.

Asia-Pacific is projected to be the fastest growing region throughout the analysis period. China, being dominant in the Asia-Pacific, especially in cooking and storage & handling equipment, contributes two-sevenths for the Asia-Pacific food service equipment market. This is a result of blooming tourism industry and vast dining out options for consumers. Furthermore, improving economical and infrastructural in the emerging markets (India and Australia) have accelerated the market growth. Technological advancements for cost-effective equipment in these nations offer a lucrative opportunity for the food service equipment market growth.

Key Findings of the Food service Equipment Market:

– In the year 2015, cooking equipment led the overall food service equipment market revenue, and is projected to reach around 31% by 2022.
– Storage & handling is expected to grow at a CAGR of 6.7%, owing to rising need for processed food in developing countries.
– North America generated the highest revenue, among all regions in 2015, owing to rising working population & growing demand for fast food products.
– Full-service restaurant & hotels segment is projected to generate the highest revenue in the food service equipment market.
– U.S. is the major shareholder, accounting for more than 53% share of the North America food service equipment market in 2015.

The major players profiled in this report include AB Electrolux, Duke Manufacturing Co. Inc., Dover Corporation, Hoshizaki Corporation, Illinois Tool Works Inc., Haier Electronics Group Co. Ltd., Ali S.p.A, Manitowoc Foodservice, Inc., The Middleby Corporation, and Fujimak Corporation. These market players have focused on innovations in new advanced food service equipment with better technology and enhanced features to improve their services and enhance their market share. For instance, in February 2016, Falcon, a subsidiary of Ali S.p.A has launched F900 series in professional catering equipment. It comprises boiling tops, griddles, chargrills, fryers, pasta cookers, bratt pans, boiling pans and rise and fall grills.

Global Electrophysiology Market is Expected to Garner $8,271 Million, by 2022

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Catheter ablation is highly preferred device due to its minimal invasive nature and is designated as gold standard‐modality for treating atrial fibrillation. The growing adoption of this device by the physicians or electrophysiologists has catered double digit growth in the study period.

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Electrophysiology Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $8,271 million by 2022, registering a CAGR of 13.4% during the period 2016-2022. Electrophysiology (EP) ablation catheters is expected to dominate the global electrophysiology market throughout the forecast period. North America accounted more than one-third share of the global electrophysiology market in 2015.

Access full summary at: https://www.alliedmarketresearch.com/electrophysiology-devices-market

The market is driven by growth in incidence of atrial fibrillation (one of the most common heart rhythm disorder or cardiac arrhythmia), growth in baby boomer generation with high-risk of targeted diseases, and increase in adoption of EP catheter ablation. Rise in focus of the key players toward innovative EP technologies (such as 3D mapping systems, bidirectional duodecapolar diagnostic catheter, remote steering systems, and irrigated-tip RF catheters), and growth in EP labs further drives the market growth. However, stringent government regulations, high cost of the treatment of complex arrhythmias, preference to pharmaceutical interventions (drugs) over, and dearth of skilled & experienced electrophysiologists restrain the market growth.

EP ablation catheters (such as cryoablation EP catheters, radiofrequency ablation catheters, microwave ablation systems, laser ablation systems and navigational advanced mapping accessories) was a leading segment and accounted for more than 35.0% of total share in 2015. Ablation catheters is preferred due to its diversified use in the treatment of cardiac arrhythmias with lower risk and high success rate. Cryoablation EP catheters market is expected to grow at the fastest CAGR of 15.1%, owing to benefits such as less thrombogenic effects compared to RF ablation catheters, high success rate, and faster recovery. Advanced EP diagnostics catheters market is expected to grow at a CAGR of 14.2%, due to technological advancements in the segment.

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Atrial fibrillation (AF) indication segment is expected to maintain its lead in the overall electrophysiology market due to its high incidence rate, especially in the developed economies. Although, the AF cases are prevalent in the developing economies, the low awareness, less initiative for preventive care, and unmet medical needs at economical cost has restricted the market growth. Conversely, the growing demand of electrophysiology devices in the developed economies such as North America and Europe has further boosted the market growth due to the high incidence rate of AF, rapidly increasing ageing population, and growing number of EP labs. Furthermore, atrioventricular nodal reentry tachycardia (AVNRT) indication is anticipated to exhibit the highest growth, with a CAGR of 14.8%. The aforementioned is due to the most common regular supraventricular arrhythmia in humans. Nevertheless, despite the smaller target market, it is expected that the cryoablation procedures performed for the treatment of AVNRT will increase at a moderate rate attributable to the physicians adoption of the product and an increase in the number of AVNRT procedures worldwide.

Key Findings of the Electrophysiology Market:

– In 2015, EP ablation catheter was the leading product type, and is projected to grow at a high CAGR of 14.4%.
– Cryoablation EP catheters is expected to grow at a remarkable CAGR of 15.1%.
– Irrigated-tip RF ablation catheters is projected to grow at a high CAGR of 14.6%.
– U.S. was the highest market shareholder with over 80% in the North American region in 2015.
– Japan is the major shareholder, accounting for around half of the Asia-Pacific electrophysiology market.
– North America is expected to dominate the EP market followed Europe, during the analysis period.

North America accounted for the major share in 2015, and is expected to maintain this trend throughout the forecast period. This is due to the rise in prevalence of cardiac arrhythmias coupled with increase in geriatric population, high adoption rate of technologically advanced electrophysiology devices, and high awareness regarding the benefits of electrophysiology devices. In addition, presence of highly sophisticated healthcare infrastructure, rising interventional procedures for the treatment of cardiac arrhythmias especially atrial fibrillation, and favorable reimbursement scenario has propelled the market growth. However, Asia-Pacific region is anticipated to grow rapidly attributed to the presence of ample growth opportunities in terms of unmet medical needs for the treatment of cardiac arrhythmias in this region and quest for improved quality of life in emerging countries.

Some of the key companies profiled in the report are St. Jude Medical, Inc., Biosense Webster, Inc. (A Johnson & Johnson Company), Boston Scientific Corporation, Medtronic, Inc., GE Healthcare (Division of General Electric Co.), Siemens AG, Medtronic plc, Philips Healthcare (A Division of Koninklijke Philips N.V.), Biotronik SE & Co.KG, Microport Scientific Corporation, and Abbott Laboratories.

World Commercial Telematics Market is Expected to Reach Around $ 49.12 Billion, by 2020 – Allied Market Research

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telematicsAccording to a new report by Allied Market Research entitled “Commercial Telematics Market“. The global commercial telematics market is expected to reach$49.12 billionby 2020, at an estimated CAGR of 18.4 % during the forecast period (2014 – 2020). The study includes an analysis of drivers, restraints, opportunities and competition, in the key geographies which include inNorth America,Europe,Asia-Pacific(APAC) andLatin America,Middle East,Australia(LAMEA).

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