Press Room

Physical Security Market Worth $292.40 Billion By 2025 | CAGR: 9.4%

The global physical security market size is expected to reach USD 292.40 billion by 2025 growing at a CAGR of 9.4%, according to a new study by Grand View Research, Inc. Increased spending on security products, equipment, and services is one of the key factors driving the market. Moreover, rapid infrastructure development across major regions is anticipated to boost the demand for premises security, thereby propelling market growth. Increasing convergence of IT and OT technologies has increased concerns about inbuilt security operations that are added into a network. As Network...Read More »

June 2019

Glucose Syrup Market Size Worth $4.7 Billion By 2025 | CAGR: 4.9%

The global glucose syrup market size is expected to reach USD 4.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. Long shelf life, nontoxicity, anti-crystal, anti-freezing humectant (an element that retains moisture and maintains freshness), and preservative properties are fueling the demand for glucose syrup. Additionally, industries such as confectionery, pharmaceuticals, and food and beverages require glucose syrup as a sweetener. Although adverse effects due to heavy intake of glucose syrup are causing...Read More »

June 2019

Spray Drying Equipment Market Size Worth $7.19 Billion By 2025

The global spray drying equipment market size is estimated to reach USD 7.19 billion by 2025 registering a CAGR of 6.8%, according to a new study by Grand View Research, Inc. Spray drying envisages transforming a liquid, slurry, or semi-solid feed into a dried powder form using hot gas. It is a widely preferred method to dry food materials, pharmaceutical products, and other temperature-sensitive items, such as dairy products. Moreover, rising need to increase the shelf-life of processed food and pharmaceutical products is opening new growth opportunities in the food processing and pharmaceutical industries....Read More »

June 2019

Enzymes Market Size Worth $19.09 Billion By 2025 | CAGR: 8.9%

The global enzymes market size is expected to reach USD 19.09 billion by 2025, as per a new report by Grand View Research Inc. It is projected to register a CAGR of 8.9% during the forecast period. Rising demand for industrial enzymes in detergent, animal feed, food and beverage, and wastewater treatment industries is expected to drive the growth. Enzymes are used as additives in the food and beverage industry to enhance the product quality and eradicate deficiencies in food items. The rapid growth of food processing industry on account of rising population coupled with increasing...Read More »

June 2019

Food Service Disposable Market Size Worth $87.6 Billion By 2025

The global food service disposables market size is expected to reach USD 87.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.5% over the forecast period. Increase in the number ofquick service restaurants (QSR) as well as expansion of online food services on a global level are expected to remain favorable for the market growth. Rising popularity of online ordering on account of expanding e-commerce platform and heavy discounts by retail outlets on food items have engaged consumers, thereby benefiting the market expansion....Read More »

June 2019

Heating Equipment Market Worth $48.58 Billion By 2025 | CAGR: 5.4%

The global heating equipment market size is expected to reach USD 48.58 billion by 2025 registering a CAGR of 5.4%, according to a new report by Grand View Research, Inc. The market is expected to be driven by the government mandates and incentives provided on energy-efficient solutions through initiatives, such as Leadership in Energy and Environmental Design. Growing spending in construction sector coupled with repair and replacement activities for the existing systems are anticipated to drive the demand for energy-efficient heating solutions. The construction industries in...Read More »

June 2019

Third Party Logistics Market Worth $1.2 Trillion By 2025 | CAGR: 7.5%

The global third party logistics market size is expected to reach USD 1.2 trillion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.5% over the forecast period. Logistics plays a vital role in most of businesses; a reliable and robust logistics service is a primary requirement for the development of any business. A strong logistical infrastructure handled by 3PL providers helps the outsourcer focus on its core business. Globalization has enabled companies to set up a global business network that necessitates complex transportation services. This, in turn, is expected to...Read More »

June 2019

Material Handling Equipment Market Size Worth $41.18 Billion By 2025

The global material handling equipment market size is expected to reach USD 41.18 billion by 2025, at a CAGR of 6.8% over the forecast period according to a study conducted by Grand View Research, Inc. Rising growth of e-commerce industry, rapid industrialization, and automation in manufacturing sector are some of the factors expected to positively impact the growth. Rising penetration of advanced technologies such as Artificial Intelligence (AI), Radio Frequency Identification (RFID), and Internet of Things (IoT), among others is also anticipated to power the market...Read More »

June 2019

Disposable Face Masks Market Size Worth $1.1 Billion By 2025

The global disposable face masks market size is expected to reach USD 1.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.5% over the forecast period. Rapid industrialization, rising pollution levels globally, and growing awareness among users regarding health protection are expected to propel the need for disposable face protectors over the projected period. Furthermore, implementation of various safety norms for workers safety in the developed economies including U.S. and Germany is expected to remain a key trend in the market. ...Read More »

June 2019

Frozen Desserts Market Worth $135.0 Billion By 2025 | CAGR: 5.4%

The global frozen dessert market size is expected to reach USD 135.0 billion by 2025, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Increasing demand for frozen dessert products across the globe, rising disposable income, growing trend of consuming frozen desserts after meal as an effective digestive product, and climate change are the key factors for industry growth. These desserts are mainly made up of milk compounds, vegetable fats, along with a mixture of flavors and dry fruits. Rising awareness...Read More »

June 2019

Edge Computing Market Size Worth $28.84 Billion By 2025 | CAGR 54%

The global edge computing market size is expected to reach USD 28.84 billion by 2025 registering a CAGR of 54.0%, according to a new report by Grand View Research, Inc. Growing need to process large volumes of data being generated from the rise in Internet-of-Things (IoT) developments closer to the end user is expected to increase the demand for these solutions over the forecast period. Increasing emphasis on cost reduction and process automation coupled with intensified business competition is also expected to drive the market in the coming years. Organizations are endorsing this technology to enhance operations and...Read More »

June 2019

Home Fragrance Market Size Worth $9.1 Billion By 2025 | CAGR: 4.4%

The global home fragrance market size is expected to reach USD 9.1 billion by 2025, expanding at a CAGR of 4.4% over the forecast period, according to a new report by Grand View Research, Inc. High demand for home fragrances, growing need for aromatherapy at households, introduction of new aesthetic pleasing products, change in consumer preferences, and improved standard of living are driving the global market. In addition, increasing awareness regarding hygienic lifestyle is expected to drive the market in the forecast period. Supermarkets and hypermarkets generated a revenue of...Read More »

June 2019

Flow Cytometry Market Size Worth $8.92 Billion By 2026 | CAGR: 10.6%

The global flow cytometry market size is expected to reach USD 8.92 billion by 2026 registering a CAGR of 10.6%, according to a new report by Grand View Research, Inc. Increasing incidence of infectious diseases and cancer is expected to upsurge the demand for flow cytometers for disease diagnosis. In addition, rising usage of autologous and allogenic stem cell therapy by physicians, due to adverse effects of radiation and chemotherapy in the treatment of cancer, will also drive the market. High demand for Point-of-Care (PoC) testing in chronic disease management is also expected to...Read More »

June 2019

Personal Care Wipes Market Size Worth $23.1 Billion By 2025 | CAGR: 5.6%

The global personal care wipes market size is expected to reach USD 23.1 billion by 2025, expanding at a CAGR of 5.6%, according to a new report by Grand View Research, Inc. Several characteristics such as convenience, performance, ease of use, time saving, disposability, safety/regulation, and consumer-centric aesthetics are driving product demand. Moreover, growing population andhygiene awareness are the key factors responsible for the market growth. Sudden rise in the infant population, rapid growth in urbanization, high disposable income...Read More »

June 2019

Animal Feed Organic Trace Minerals Market Worth $880.2 Million By 2025

The global animal feed organic trace minerals market size is expected to reach USD 880.2 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.4% during the forecast period. Increasing R&D investments by manufacturers like Alltech and Archer Daniels Midland Co. to reduce the manufacturing cost and to expand the product application is estimated to boost overall growth. Minerals used in traces perform specific functions in different animals. For instance, zinc helps the formation of eggshell and...Read More »

June 2019

Magnetic Sensor Market Size Worth $3.2 Billion By 2025 | CAGR: 6.8%

The global magnetic sensor market size is expected to reach USD 3.2 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 6.8% CAGR over the forecast period. Growing emphasis on automobile safety, coupled with steadily declining prices of sensors, has supported product demand. Integration of sophisticated technology in consumer electronics is also expected to drive the magnetic sensor market. In addition to smartphones, magnetic sensors are being increasingly integrated into wearables such as fitness bands...Read More »

June 2019

Automated Fare Collection Market Size Worth $19.89 Billion By 2025

The global automated fare collection market size is expected to reach USD 19.89 billion by 2025 registering a CAGR of 13.6% from 2019 to 2025, according to a new report by Grand View Research, Inc. Growing adoption of digital technologies to improve transaction processing speed and to reduce issues associated with cash handling and ticket management is anticipated to remain one of the leading factors driving the market. Focus of governments on the performance optimization of existing public transit systems, such as subways, buses, trams, and metros, is also...Read More »

June 2019

Drilling Fluids Market Size Worth $10.12 Billion By 2025 | CAGR: 3.8%

The global drilling fluids market size is projected to reach USD 10.12 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to witness a moderate CAGR of 3.8% over the forecast period, from 2019 to 2025. Revival of new E&P projects along with several upcoming exploration and production bids over the next few years is predicted to spur the market growth over the forecast period. Development of advanced formulations and performance additives mainly for wells where horizontal or directional drilling is required is projected to...Read More »

June 2019

Fermented Ingredients Market Size Worth $39.0 Billion By 2025

The global fermented ingredients market size is expected to reach USD 39.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.5% over the forecast period. Increasing digestive problems and awareness among consumers about health benefits of fermented products are expected to drive the market in the forecast period. Moreover, usage of fermented ingredients as preservatives by various manufacturers in order to increase the shelf life of various products is expected to propel the demand for the product. ...Read More »

June 2019

Pharmaceutical Packaging Market Size Worth $158.24 Billion By 2025

The global pharmaceutical packaging market size is expected to reach USD 158.24 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 8.3% during the forecast period. The market is driven by increasing consumption of pharmaceutical packaging materials in emerging economies, most notably in China, Brazil, and India. This is in reaction to increasing government spending on healthcare infrastructure in these countries. The market has been witnessing significant demand for pharmaceutical packaging in African countries....Read More »

June 2019