Press Room

Pea Flakes Market Size Worth $3.4 Billion By 2025 | CAGR: 9.6%

The global pea flakes market size is expected to reach USD 3.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.6% over the forecast period. Growing awareness regarding health benefits offered and rise in incorporation of pea flakes as a staple food are expected to remain a key driving factor. Furthermore, increasing application of yellow and green pea flakes as an animal feed and aqua feed is fueling the demand for these products. North America dominated the market in 2018 with a revenue of USD 629.3 million. This region is expected to...Read More »

August 2019

Grain Mill Products Market Worth $797.3 Billion By 2025 | CAGR: 3.6%

The global grain mill products market size is expected to reach USD 797.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.6% over the forecast period. Growing preference for gluten-free food, coupled with changing trends in milling technology such as dry and wet milling based on various applications, is likely to create robust demand for grain mills over the anticipated years. Increasing number of cafes and fast food restaurants worldwide is driving the demand for flour, henceforth, augmenting the growth of grain mills in the...Read More »

August 2019

5G Chipset Market Size Worth $21.8 Billion By 2025 | CAGR: 69.7%

The global 5G chipset market size is estimated to reach USD 21,786.21 million by 2025, exhibiting a CAGR of 69.7% from 2020 to 2025, according to a new study by Grand View Research, Inc. The rapidly rising demand for ultra-reliable and low-latency data networks capable of delivering seamless connectivity is estimated to boost the market growth over the forecast period. As such, 5G chipset is turning out to be an integral part of modern telecommunication equipment. 5G chipset can be found in the latest smartphones, laptops, base stations, modems, and routers. These chipsets are also being installed in connected vehicles...Read More »

August 2019

Air Mattress Market Size Worth $227.2 Million By 2025 | CAGR: 8.6%

The global air mattress market size is expected to reach USD 227.2 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.6% over the forecast period. Rising awareness regarding the need for convenient sleeping to protect from diseases including back pain and pressure wound will further promote the utility of air mattress. Additionally, positive outlook towards the tourism sector at the global level on account of increasing number of professional and holiday trips among the consumers in various countries is expected to promote the use of hassle free foldable beds for extra...Read More »

August 2019

Robotic Process Automation in BFSI Market Worth $1.12 Billion By 2025

The global robotic process automation in BFSI market size is expected to reach USD 1,123.0 million by 2025, and it is anticipated to grow at CAGR of 31.3% from 2019 to 2025, according to a new report by Grand View Research, Inc. The introduction of Digital 2.0 is driving digital transformation in the banking and financial services sector. Some of the key technologies used in the banking, financial services and insurance (BFSI) sector include Artificial Intelligence (AI) & machine learning, robotic process automation, blockchain, Internet of Things (IoT), and open banking platforms. The growing need...Read More »

August 2019

Canopy Market Size Worth $2.1 Billion By 2025 | CAGR: 4.0%

The global canopy market size is expected to reach USD 2.1 billion by 2025, accelerating at a CAGR of 4.0% over the forecast period, according to a new report by Grand View Research, Inc. Provision for expanded outdoor space for seating and recreational purposes owing to the installation of canopies in nearby residential and non-residential buildings is expected to drive the product demand over the forecast period. Increasing penetration of the product in commercial and residential sectors is anticipated to complement the growth of the market over the forecast period. This can be attributed...Read More »

August 2019

Prenatal Vitamin Supplements Market Worth $673.8 Million By 2025

The prenatal vitamin supplement market size is expected to reach USD 673.8 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.6% over the forecast period. Prenatal vitamin supplements comprises vitamins, calcium, iron, folic acid, and other minerals as compared to regular adult multivitamins. Rising awareness among pregnant women is one of the major factors driving the market. Improper nutrition to the baby, rise in other birth defects, and increasing awareness regarding the advantages of the prenatal supplements are some of the other factors driving the...Read More »

August 2019

Shea Butter Market Size Worth $1.76 Billion By 2025 | CAGR: 6.6%

The global shea butter market size is expected to reach USD 1.76 billion by 2025 expanding at a CAGR of 6.6%. Increasing demand for coco butter alternative and growing consumption of chocolate and bakery products are expected to drive the market. In addition, widespread usage of shea butter as a substitute for edible vegetable oils and fat in various food applications is likely to spur the demand. Bakery and confectionery manufacturers widely use it as an alternative for cocoa butter due to high prices of cocoa as a result of limited supply. The product also contains essential fatty...Read More »

August 2019

Non-Alcoholic Concentrated Syrup Market Worth $33.82 Billion By 2025

The global non-alcoholic concentrated syrup market size is expected to reach USD 33.82 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 5.9% from 2019 to 2025 on account of increasing product demand across the globe. Moreover, rising consumption of non-carbonated drinks in developed countries including U.S., Mexico, and Canada is expected to boost the product demand further. Wide product usage in the pharmaceutical industry is also expected to provide new growth opportunities for market...Read More »

August 2019

Needle Coke Market Size Worth $5.4 Billion By 2025 | CAGR 6.9%

The global needle coke market size is projected to reach USD 5.4 billion by 2025, accelerating at a CAGR of 6.9% over the forecast period, according to a new report by Grand View Research, Inc. Surging demand for needle coke in the manufacturing of lithium-ion battery is a key factor driving the industry growth. Needle coke is a primary element used in the manufacturing of graphite electrodes. The utilization of graphite in batteries has expanded at a robust pace over the past few years. It is the second heaviest component in lithium-ion batteries. These batteries require up to 10 to...Read More »

August 2019

Rotary Hammer Drill Market Worth $1.81 Billion By 2025 | CAGR: 3.7%

The global rotary hammer drill market size is expected to reach USD 1.81 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 3.7% during the forecast period. Rising demand for home-based lightweight power tools which can be used in small drilling activities is propelling the product demand. Advanced modified rotor speed helps to drill surface easily in less time. Wireless product segment is projected to foresee the fastest CAGR of 5.1% from 2019 to 2025. Factors such as...Read More »

August 2019

Smart Advertising Market Size Worth $2,175.8 Million By 2025

The global smart advertising market size is expected to reach USD 2,175.8 million by 2025, registering a CAGR of 19.4% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. The capability of smart advertising to deliver highly customized multimedia content to target customers is a key factor anticipated to drive market growth over the forecast period. Furthermore, the increasing consumption of digital media in comparison to conventional printed billboards and posters by the consumer has led to an increased demand for smart advertising. ...Read More »

August 2019

Empty IV Bags Market Size Worth $5.6 Billion By 2026 | CAGR: 8.1%

The empty IV bags market size is expected to reach USD 5.6 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 8.1%. Rising incidence of cancer, favorable government initiatives related to non-PVC IV bags, and growing risk of malnutrition across the globe are the key driving factors for the market. Government agencies of various countries are taking several steps to reduce usage of phthalate IV bags wherever possible without compromising on patient safety. For instance, Denmark introduced a national ban on Di-(2-ethylhexyl) phthalate (DEHP),...Read More »

August 2019

Amla Extract Market Size Worth $49.34 Billion By 2025 | CAGR: 4.9%

The global amla extract market size is expected to reach USD 49.34 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.9% from 2019 to 2025. Rising health consciousness coupled with growing demand for antioxidant rich products is expected to fuel the growth. Rising awareness regarding numerous benefits of amla extract to improve body composition, weight loss, metabolism, immune and digestive system, and liver and heart health is anticipated to drive the product demand. The extract is...Read More »

August 2019

Reduced Fat Butter Market Size Worth $1.16 Billion By 2025 | CAGR 4%

The global reduced fat butter market size is expected to reach USD 1.16 billion by 2025 expanding at a CAGR of 4.0% from 2019 to 2025, according to a new report by Grand View Research, Inc. Growing awareness regarding the health benefits of the product, such as weight management and better digestion, is expected to drive the demand over the forecast period. Rising health consciousness and demand for healthy food products are also among the key factors expected to boost the market growth in the next few years. Rising usage of reduced fat...Read More »

August 2019

Yogurt Powder Market Size Worth $834.5 Million By 2025 | CAGR: 6.9%

The global yogurt powder market size is expected to reach USD 834.5 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.9% during the forecast period. Changing dietary preferences of consumers and increasing adoption of healthier diets are the key factors for driving the growth. Yogurt powder is a rich source of vitamin B6, vitamin B12, calcium, vitamin D, protein, and riboflavin among other nutrients, which in turn is anticipated to fuel the product demand. Key manufacturers are expanding distribution channels by...Read More »

August 2019

Hip Replacement Implants Market Size Worth $7.8 Billion By 2026

The global hip replacement implants market size is expected to reach USD 7.8 Billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to expand at exhibiting a CAGR of 4.7% over the forecast period. Growing prevalence of osteoarthritis & osteoporosis are expected to drive growth over the forecast period. In addition, a paradigm shift toward minimally invasive procedures is fueling the market globally. Moreover, favorable reimbursement policy is further propelling growth. Moreover, individuals aged 60 years and above accounted for 12.3%...Read More »

August 2019

Arbitrary Waveform Generator Market Size Worth $557.8 Million By 2025

The global arbitrary waveform generator market size is expected to reach USD 557.8 million by 2025, registering a CAGR of over 9% from 2019 to 2025, according to a new report by Grand View Research, Inc. The growing number of applications of these generators across numerous end-use sectors is expected to drive the arbitrary waveform generator (AWG) market growth over the forecast period. There has been a considerable rise in the investments and R&D activities carried out in various sectors, including healthcare, telecommunications, and aerospace & defense, which have led to the introduction of...Read More »

August 2019

Airsoft Guns Market Size Worth $2.5 Billion By 2025 | CAGR: 6.8%

The global airsoft guns market size is expected to reach USD 2.5 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at CAGR of 6.8% over the forecast period. Growing consumers’ spending on adventure sports activities, coupled with increasing number of shooting clubs across the globe, is driving the market. Large number of baby boomers and generation X population prefers to purchase this product as it is a very popular sports activity to spend leisure time. These age groups use this product for target shooting, hunting, and adventure sports activities. Companies are...Read More »

August 2019

Southeast Asia Plastic Compounding Market Worth $6.7 Billion By 2026

The Southeast Asia plastic compounding market size is anticipated to reach USD 6.7 billion by 2026, accelerating at a CAGR of 8.9% from 2019 to 2026, according to a new report by Grand View Research, Inc. Rapidly developing construction and automobile markets are anticipated to drive the demand for interiors, exteriors, and underhood components. Major application areas of plastic compounding involve underhood components in the automotive industry, building interiors and exteriors in construction and infrastructure industries, and in electronics, durables, and wire and cable industries. ...Read More »

August 2019