Press Room

Sugar Substitutes Market Worth $19.1 Billion By 2024 | CAGR 4.2%

The global sugar substitutes market size is expected to reach USD 19.1 billion by 2024, according to a new report by Grand View Research, Inc., posting a CAGR of 4.2% during the forecast period. Growing awareness and rising consumer inclination towards low-caloric food and beverages, especially in developing countries are likely to help the market gain significant momentum over the forecast period. Sugar substitutes are majorly used in the form of sorbitol, tagatose, and aspartame saccharine in the healthcare, cosmetics, and food &...Read More »

April 2018

Synthetic Paper Market Size Worth $1.3 Billion By 2024 | CAGR 7.1%

The global synthetic paper market size is projected to reach USD 1.3 billion by 2024, according to a new report by Grand View Research, Inc., progressing at a CAGR of 7.1% during the forecast period. Rising environmental awareness due to initiatives taken by environmental organizations and increasing demand from the packaging & label industry is likely to stoke the growth of the market. Synthetic paper is recyclable and wastes linked to the production are collected by a recycling company and processed as raw materials for other...Read More »

April 2018

Wireless Health Market Worth $315.4 Billion By 2025 | CAGR: 23.5%

The global wireless health market size is expected to reach USD 315.4 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 23.5% CAGR during the forecast period. Increase in number of eHealth initiatives worldwide, increase in penetration of smartphones and Internet connectivity, and growth in the trend of self-disease management are some of the factors boosting market growth. Growing trend toward use of wearable devices for monitoring physical parameters, such as sleep, blood pressure, heart rate, and physical activity, is also driving the wireless health market. ...Read More »

April 2018

Rigid Packaging Market Worth $848.71 Billion By 2025 | CAGR 6.7%

The global rigid packaging market size is projected to reach USD 848.71 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.7% during the forecast period. Increasing demand for sustainable packaging is expected to augment the market over the forecast period. Packaging is a process of protecting and enclosing goods for storage, distribution, and sale. Rigid packaging is a type of packing which is characterized by high stiffness, impact strength, and barrier properties. It is offered in several...Read More »

April 2018

Surgical Microscopes Market Worth $1.4 Billion By 2025 | CAGR 11.5%

The global surgical microscopes market size is expected to reach USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc., registering an 11.5% CAGR during the forecast period. Increasing prevalence of chronic disorders such as cancer and cardiovascular diseases, which require surgical intervention, are anticipated to boost market growth. Rising awareness about the advantages of minimally invasive procedures is subsequently expected to raise demand for surgical microscopes. According to Ethicon’s annual report, the number of minimally invasive...Read More »

April 2018

Pet Food Market Size Worth $98.81 Billion By 2022 | CAGR 4.3%

The global pet food market size is projected to reach USD 98.81 billion by 2022, according to a new report by Grand View Research, Inc., exhibiting a 4.3% CAGR during the forecast period. Rising trend of pet adoption is expected to be a major driving factor over the coming years. Increasing number of nuclear families in emerging economies of Asia Pacific, particularly India, China, Vietnam, and Indonesia, has resulted in the growing trend of pet adoption and this is expected to drive market growth over the forecast period. Rising need for...Read More »

April 2018

RTD Tea and Coffee Market Size Worth $116.13 Billion By 2024

The global ready to drink tea and coffee market size is expected to reach USD 116.13 billion by 2024, according to a new report by Grand View Research, Inc., progressing at a CAGR of close to 5.6% during the forecast period. The instant energy provided by these products and their status of healthier substitute to carbonated drinks are likely to provide a fillip to the market. The major product segments in the market are RTD tea and coffee. Demand for RTD coffee is expected to grow rapidly on account of...Read More »

April 2018

Nitric Acid Market Size Worth $14.0 Billion By 2022 | CAGR 1.8%

The global nitric acid market size is expected to reach USD 14.0 billion by 2022, according to a new report by Grand View Research, Inc., progressing at a CAGR of 1.8% during the forecast period. Flourishing agriculture industry and surging demand for fertilizers are among the key trends escalating market growth. Growing need for high yield in order to meet demands of ever-rising population is creating an upswing in the use of synthetic fertilizers, which is anticipated to have a positive impact on the market. Growth in chemical processing industry, particularly in developing countries...Read More »

April 2018

North America Cold Storage Market Size Worth $68.23 Billion By 2025

The North America cold storage market size is estimated to reach USD 68.23 billion by 2025, according to the new report by Grand View Research, Inc., expanding at a CAGR of 9.9% during the forecast period. Technological advancements in cold storage warehouses are stimulating the growth of the market. Increasing automation is changing the conventional warehouse operations, enabling companies to maximize their output. Growing penetration of robotics applications, automated material handling equipment, and high-speed conveyor systems help in achieving the order accuracy. ...Read More »

April 2018

Ceramic Armor Market Size Worth $3.04 Billion By 2025 | CAGR: 7.2%

The global ceramic armor market size is estimated to reach USD 3.04 billion by 2025, according to a new report by Grand View Research, Inc., presenting a 7.2% CAGR during the forecast period. The market is driven by increasing unrest among countries, cross-border disputes, and terrorist activities, which creates the need for advanced protection systems for soldiers as well as combat vehicles. Advancements in material technologies and manufacturing techniques are driving adoption of ceramic as armor materials. The use of ceramic armor is governed by various acts and regulations, led by organizations such as...Read More »

April 2018

Legal Marijuana Market Worth $146.4 Billion by 2025 | CAGR: 34.6%

The global legal marijuana market is expected to reach USD 146.4 billion by end of 2025, according to a new report by Grand View Research, Inc. Growing adoption of marijuana in several medical applications such as cancer, mental disorders, chronic pain and others is expected to propel revenue growth in near future. Legal marijuana has started gaining traction worldwide due to very high demand among consumers and increasing legalization of recreational or medical marijuana in various countries. Additionally, high public and private...Read More »

April 2018

U.S. Wine Market Size Worth $85.00 Billion By 2025

The U.S. wine market is expected to reach USD 85.00 billion by 2025, according to a new report by Grand View Research, Inc. Rising per capita consumption of wine with meals and desserts is expected to drive growth over the forecast period. Consumers’ access to the product in stores, restaurants, bars, nail salons, bookstores, coffee shops, movie theaters, and car wash & repair shops continues to expand over 5,500,000 locations in the U.S. Furthermore, producers are targeting niche sales channels such as direct-to-consumer sales and...Read More »

April 2018

U.S. Hot Drinks Market Size Worth $21,600.4 Million By 2025

The U.S. hot drinks market size is expected to reach USD 21,600.4 million by 2025, according to a new report by Grand View Research, Inc. The industry is anticipated to grow, primarily on account of the increased usage of healthy beverages supporting the dietary requirements of the growing population of the country. The consumers in the economy lay higher emphasis on the sourcing of the product. In addition, the overall quality is generally determined by the consumers through the certifications associated with the product. The industry is...Read More »

April 2018

U.S. Packaged Food Market Size Worth $1,197.8 Billion By 2025

The U.S. packaged food market is expected to reach USD 1,197.8 billion by 2025, according to a new report by Grand View Research, Inc. Globally rising consumption of convenience food products has been a key factor boosting the market growth. In addition, growing disposable income, coupled with busy work schedules are some other driving forces for the packaged food industry. The rise in the population of working professionals and their busier lifestyles has led to the growing need to cater the changing consumption patterns of masses. This...Read More »

April 2018

North America Travel Bags Market Size Worth $15.28 Billion By 2025

The North America travel bags market is expected to be valued at USD 15.28 billion by 2025, according to a new report by Grand View Research, Inc. The increasing air passenger traffic domestically and growing trend of family trips over weekends, driven by rising disposable incomes, in the region. In recent years, economic stability and the resultant rise in disposable incomes of the population have led to growth of the travel & tourism industry in the region, with significantly growing...Read More »

April 2018

U.S. fruit & Vegetables Market Size Worth $ 1,117.3 Billion By 2025

The U.S. fruit and vegetable market is expected to reach USD 1,117.3 billion by 2025, according to a report by Grand View Research, Inc. increasing health awareness among the U.S population, apparent benefits of secondary diseases due to obesity and faulty eating habits is propelling the market to grow further. High trending of exotic fruits products along with the inclination of people towards vegan diet is helping the market to grow. Company initiatives and products online availability is adding to the market volume and revenue....Read More »

April 2018

Medical Cyclotron Market Worth $284.3 Million By 2025 | CAGR: 10.9%

The global medical cyclotron market size is expected to reach USD 284.3 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 10.9% during the forecast period. Increasing prevalence of cancer and surging demand for nuclear scans for accurate diagnosis are among the key factors stimulating the growth of the market. Apart from this, cost advantage over outsourced radioactive tracers and availability of technologically advanced diagnostic devices such as PET and SPECT are playing a pivotal role to escalate market growth. Cancer is becoming...Read More »

April 2018

U.S. Soup Market Size Worth $7,697.1 Million By 2025 | CAGR: 7.2%

The U.S. soup market size is expected to reach USD 7,697.1 million by 2025, according to a new report by Grand View Research, Inc. Rising awareness about leading healthy and active lifestyle is expected to propel demand for the product over the forecast period. Health benefits offered through consumption of soup is expected drive the growth of the industry. High water content in the soup results in the decrease of calorie intake, which helps the weight reduction. In addition, introduction of customized products such as low sodium and gluten free...Read More »

April 2018

U.S. Canned Foods Market Size Worth $22.23 Billion By 2025

The U.S. canned foods market is expected to reach USD 22.23 billion by 2025, according to a new report by Grand View Research, Inc. owing to the rise in demand for convenience food products which in turn is expected to have a positive impact on industry growth. The market is subjected to regulations on food quality and processing, for safe consumption. The regulations are spread over to processing, harvesting and canning of food products according to the regional presence. Large number of imports are noted for the U.S. from Asia Pacific region and thus the companies need to abide...Read More »

April 2018

U.S. Sun Care Market Size Worth $2.68 Billion By 2025

The U.S. sun care market size is expected to reach USD 2.68 billion by 2025, according to a new report by Grand View Research, Inc. The growing emphasis on personal health coupled with rising instances of skin care due to over exposure is giving momentum to the usage of organic sun care products thereby propelling the market growth. Growing demand for organic sun care products including sunscreen is expected to drive the product’s demand. Furthermore, the rising demand for the organic products over non-organic sun care products owing to...Read More »

April 2018