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Thai Cuisine Market Price, Size, Share, Trends, Forecast 2023-2028

Thai Cuisine Market Outlook

According to a new report by Expert Market Research titled, “Global Thai Cuisine Market Growth, Size, Analysis, Report and Forecast 2023-2028″, the thai cuisine market is projected to grow at a CAGR of 7.20% between 2023 and 2028. Aided by the increasing availability of Thai food and changing food preferences of consumers, the market is expected to grow significantly by 2028.

Thai cuisine, renowned for its rich tapestry of flavours—sour, sweet, salty, bitter, and spicy—has made a lasting impression on the global culinary landscape. Known for its unique combination of seasonings, fresh ingredients, and aromatic herbs, Thai food provides not only a tantalising taste but also numerous health benefits, thanks to its inclusion of ingredients like turmeric, ginger, lemongrass, and coconut milk.

The mounting appreciation for Thai dishes globally is substantially driving the Thai cuisine market expansion. As culinary enthusiasts increasingly seek authentic and exotic flavours, Thai food, with its palatable range from Pad Thai to Tom Yum Goong, finds a rising consumer base. Moreover, the proliferation of Thai restaurants, both stand-alone and chains, in key cities worldwide has augmented the cuisine’s accessibility and popularity.

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Furthermore, tourism in Thailand plays a pivotal role in accentuating the global appeal of Thai cuisine. Tourists, enticed by Thailand’s scenic beauty and rich cultural heritage, often return home with an enhanced appreciation for Thai dishes. This experience-driven demand subsequently stimulates interest in Thai cuisine in their home countries, leading to an uptick in Thai restaurant openings and Thai cookery classes globally.

The global health and wellness trend has further augmented Thai cuisine market demand. Given that numerous Thai dishes incorporate nutritious ingredients and are often less calorically dense compared to Western fast food, health-conscious consumers are gravitating towards Thai options. Dishes like Som Tam (Papaya Salad) or Tom Kha Gai (Coconut Chicken Soup) are not only flavour-packed but also align with dietary preferences emphasising fresh ingredients and holistic wellness.

In the fast-evolving food and beverage industry, convenience remains king. Recognising this, many Thai cuisine manufacturers and restaurants are delving into the realm of ready-to-eat Thai meals and meal kits. These offerings, designed to satiate the cravings of those who might not have the luxury of dining out frequently, are becoming increasingly popular in supermarkets and online platforms, further fuelling the Thai cuisine market growth trajectory.

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Additionally, the global push for sustainability and ethical consumption resonates well with Thai culinary traditions. Many Thai dishes can be crafted using locally sourced, organic ingredients. As consumers worldwide become more discerning about food origins and environmental impact, Thai cuisine, with its emphasis on fresh, local produce, stands out as a sustainable dining option.

Thai Cuisine Market Segmentation

The market can be divided based on type, application, and region.

Market Breakup by Type

Street Food
Meal Kit
Fine Dining

Market Breakup by Application

Restaurants
Processed Food
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global Thai cuisine companies. Some of the major key players explored in the report by Expert Market Research are as follows:

MTY Food Group Inc.
McCormick & Company Inc.
Narathai Cuisine Co., Ltd.
Le Du
SanehJaan
Greyhound Café
Siam House
Bangkok Express
Exquisine System(HK) Co., Ltd.
Sri Tart Aroy-D Thai
Others

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Nanomaterials Market Trends, Size, Share, Report and Forecast 2023-28

Nanomaterials Market Outlook

According to a new report by Expert Market Research titled, “Global Nanomaterials Market Growth, Size, Share, Analysis, Report and Forecast 2023-2028″, the nanomaterials market reached a value of USD 25.8 billion in 2022. Aided by the growing demand for advanced materials across various industries and the extensive application spectrum of nanomaterials, the market is projected to further grow at a CAGR of 15.60% between 2023 and 2028 to reach a value of USD 61.02 billion by 2028.

Nanomaterials are materials engineered at a nanoscale, typically between 1 and 100 nanometres in size. These materials exhibit unique physical and chemical properties owing to their nanoscale dimensions. Nanomaterials are widely used across a range of industries, including electronics, healthcare, energy, environmental science, and aerospace, for their superior mechanical, thermal, and optical characteristics.

The escalating consumer demand for innovative materials is a key driver of the global nanomaterials market growth. As technology continues to evolve at a rapid pace, there is a significant shift towards materials that offer enhanced functionality, improved efficiency, and reduced environmental impact. This shift leads to an uptick in the demand for nanomaterials across various sectors.

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Moreover, the growing application spectrum of nanomaterials plays a substantial role in propelling nanomaterials market growth. In the electronics sector, nanomaterials contribute to the development of faster, smaller, and more portable systems, with extended lifetimes and improved energy efficiency. In healthcare, nanomaterials are employed for various purposes, including drug delivery, imaging, diagnostics, and artificial tissues. Their unique optical properties are exploited in the energy sector for photovoltaic applications, and their mechanical strength is utilised in the aerospace sector for lightweight, high-strength composites.

Additionally, the burgeoning trend of sustainability and eco-efficiency has significantly boosted the nanomaterials market expansion. These materials, due to their inherent properties, can contribute to energy efficiency, waste reduction, and the use of renewable resources, aligning with the global shift towards a more sustainable and circular economy.

Further, nanomaterials are being increasingly recognised as crucial components in the manufacturing of next-generation products. With advancements in nanotechnology and the rising emphasis on research and development, nanomaterials are set to play an increasingly integral role in the conception of future technologies, thereby spurring the nanomaterials market development.

Lastly, the rise in consumer awareness and acceptance of nanotechnology-based products have provided a significant boost to the market for nanomaterials. While the field of nanotechnology was once considered niche, it has now gained mainstream acceptance, with consumers recognising the benefits that these advanced materials can offer.

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Nanomaterials Market Segmentation

The market can be divided based on product type, structure type, end use, and region.

Market Breakup by Product Type

Nanoparticles
- Nanometals
- Nonmetal Oxides
- Complex Oxides
Nanofibres
Nanotubes
Nanoclays
Nanowires

Market Breakup by Structure Type

Non-polymer Organic Nanomaterials
Polymeric Nanomaterials

Market Breakup by End Use

Healthcare
Energy
Electronics
Construction
Personal Care
Paints and Coatings
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global nanomaterials companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Arkema Group
LG Chem, Ltd.
Cabot Corporation
Nanoshel LLC
CHASM Advanced Materials, Inc.
ACS Material
US Research Nanomaterials, Inc.
Strem Chemicals, Inc.
Fortis Life Sciences Company
Nanophase Technologies Corporation
SkySpring Nanomaterials, Inc.
Others

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Irish Whiskey Market Trends, Share, Size, Report, Forecast 2023-2028

Irish Whiskey Market Outlook

According to a new report by Expert Market Research titled, “Global Irish Whiskey Market Value, Share, Size, Analysis, Report and Forecast 2023-2028″, the Irish whiskey market reached a value of USD 5.02 billion in 2022. Aided by the rising global affinity for Irish beverages and the proliferation of whiskey’s applications in various settings, the market is projected to further grow at a CAGR of 8.0% between 2023 and 2028 to reach a value of USD 7.96 billion by 2028.

Irish whiskey is a distilled alcoholic beverage produced exclusively in Ireland. Distilled and aged for a minimum of three years in wooden casks, it offers a distinct, smooth, and light profile. Its applications are diverse, ranging from direct consumption, in cocktails, to use in cooking. With its robust flavour and versatile characteristics, Irish whiskey has found its way into homes, restaurants, and social events worldwide.

The expansion of the global Irish whiskey market is propelled by a surge in consumer preference for craft and premium spirits. As sophistication and novelty in beverage choices continue to rise, consumers have shown a distinct shift towards high-quality, distinct flavour profiles, a trend that favourably impacts Irish whiskey. Its unique, smooth character and rich heritage have enhanced its appeal amongst connoisseurs and casual drinkers alike.

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Moreover, the evolution of the food and beverage sector has contributed towards the Irish whiskey market growth. The beverage’s diverse applicability, as both a standalone drink and a cocktail ingredient, has boosted its demand. It’s utilised in various settings, from upscale restaurants and bars to home cooking, enhancing flavour profiles of numerous dishes and cocktails.

The extensive marketing efforts of Irish whiskey producers also play a key role in Irish whiskey market expansion. Producers engage in strategic marketing and branding efforts to highlight the whiskey’s unique characteristics and cultural heritage. These initiatives, including whiskey tourism and global tasting events, help expose Irish whiskey to a broader audience, fuelling demand.

Furthermore, the growing interest in whiskey-based investment has encouraged a focus on Irish whiskey. As consumers increasingly view premium whiskey as an investment, the sales of aged, rare Irish whiskey bottles have seen significant growth. This trend not only propels the market but also reinforces the prestige associated with Irish whiskey.

Lastly, the increasing demand for Irish whiskey as a culinary ingredient has boosted the global Irish whiskey market demand. Irish whiskey’s robust flavour profile makes it a versatile ingredient in cooking, used to enhance the taste of various dishes. Its usage spans from meat marinades to rich desserts, thereby broadening its consumer base and usage scenarios.

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Irish Whiskey Market Segmentation

The market can be divided based on type, pricing, sales channel, and region.

Market Breakup by Type

Blended
Single Malt
Single Pot Still
Single Grain

Market Breakup by Pricing

Mass
Premium

Market Breakup by Sales Channel

On-Trade
Off-Trade

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global Irish whiskey companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Pernod Ricard S.A
Proximo Spirits, Inc.
Teeling Whiskey Company
Suntory Holdings Limited
Brown-Forman Corporation
Diageo plc
William Grant & Sons Limited
West Cork Distillers Limited
Na Cuana (Boann Distiller)
Sazerac Company Inc.
Others

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IoT Cloud Platform Market Trends, Size, Share, Forecast 2023-2028

IoT Cloud Platform Market Outlook

According to a new report by Expert Market Research titled “The Global IoT Cloud Platform Market Price, Size, Share, Analysis, Report and Forecast 2023-2028″ the IoT cloud platform market reached a value of USD 11.60 billion in 2022. Aided by the growing adoption of IoT-enabled devices and the rising applications of IoT cloud platforms in a myriad of industries, the market is projected to further grow at a CAGR of 13.8% between 2023 and 2028 to reach a value of USD 13.20 billion by 2028.

An IoT cloud platform, also known as Cloud IoT services, provides the infrastructure necessary to interconnect and manage IoT devices, facilitating data storage, processing, and analysis. It plays an essential role in enabling real-time remote monitoring, device management, and overall operational efficiency. Beyond its connectivity capabilities, the IoT cloud platform offers significant advantages in data scalability, cost-effectiveness, and security, making it a valuable tool in various industries, including automotive, healthcare, retail, and manufacturing.

The growing consumer and industrial adoption of IoT-enabled devices is a significant driver of the global IoT cloud platform market growth. With the escalating recognition of the efficiency and convenience associated with smart devices, there has been a substantial shift towards IoT integration, leading to an increase in demand for IoT cloud platforms. Moreover, the trend towards digital transformation and automation across various industries has further bolstered the relevance of IoT cloud platforms, a critical element in facilitating IoT functionalities.

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The expanding applications of IoT cloud platforms in various industries play a pivotal role in accelerating the IoT cloud platform market development. In the automotive industry, IoT cloud platforms enable real-time vehicle tracking, predictive maintenance, and smart connectivity, transforming the driving experience. The healthcare sector leverages IoT cloud platforms for remote patient monitoring, telemedicine, and smart healthcare solutions. Retail businesses use IoT cloud platforms to optimise supply chain management, customer experience, and inventory control, while manufacturers deploy these platforms to facilitate industrial automation, predictive maintenance, and process optimisation.

Moreover, the increasing demand for data management solutions in the wake of the data explosion caused by IoT proliferation has placed the IoT cloud platform at the centre of attention. With the rise of big data and the growing need for efficient data processing and analytics, IoT cloud platforms have emerged as a critical solution, thus propelling IoT cloud platform market expansion.

From a technological standpoint, advancements in cloud computing, artificial intelligence (AI), and machine learning (ML) have significantly amplified the capabilities of IoT cloud platforms. These cutting-edge technologies not only enhance data processing and analysis but also introduce sophisticated features like AI-based predictive analytics and automated decision-making, thus further fuelling IoT cloud platform market growth.

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IoT Cloud Platform Market Segmentation

The market can be divided based on offering, deployment mode, organisation size, application, application, and region.

Market Breakup by Offering

Platform
- Device Management
- Analytics
- Connectivity and Communication
Services
- Professional Services
- Managed Services

Market Breakup by Deployment Mode

Private
Commercial
Hybrid

Market Breakup by Organisation Size

Small and Medium-Sized Organisations
Large Size Organisations

Market breakup by Application

Smart Infrastructure
Automotive
Industrial Automation and Smart Manufacturing
Healthcare
Retail and E-commerce
BFSI
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global IoT cloud platform companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Microsoft Corporation
Amazon Web Services, Inc.
Alphabet Inc. (Google LLC)
IBM Corporation
Oracle Corporation
Bosch.IO GmbH
Cisco Systems, Inc.
General Electric Company
Siemens AG
PTC Inc.
Particle Industries, Inc.
Telit Corporate Group
Others

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Intelligent Vending Machines Market Trends, Size, Share, Forecast 2023-28

Intelligent Vending Machines Market Outlook

According to a new report by Expert Market Research titled, “Global IIntelligent Vending Machines Market Growth, Size, Share, Analysis, Report and Forecast 2023-2028″, the intelligent vending machines market reached a value of USD 22.81 billion in 2022. Aided by the rising need for convenient retail solutions and the broadening applications of intelligent vending machines across diverse sectors, the market is projected to further grow at a CAGR of 14.40% between 2023 and 2028 to reach a value of USD 50.44 billion by 2028.

Intelligent vending machines are automated self-service kiosks that dispense a wide range of products, including snacks, beverages, and other consumer goods. They offer various benefits, such as improved user experience, real-time inventory tracking, and energy efficiency. These machines also feature advanced technologies like touch screen controls, cashless payment systems, and face recognition, increasing their appeal among consumers and businesses alike.

The increasing consumer demand for quick and convenient shopping experiences is a primary driver for the global intelligent vending machines market growth. With the expanding urbanisation and hectic lifestyles, there has been a significant shift towards self-service retail solutions, which has resulted in a growing demand for intelligent vending machines. Furthermore, the rising trend of digitisation and cashless transactions has amplified the popularity of these machines, given their compatibility with digital payment methods.

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Intelligent vending machines’ diverse applications across different industries significantly contribute to the intelligent vending machines market expansion. In the retail sector, these machines provide round-the-clock access to products and enable efficient inventory management. In corporate environments, they serve as a convenient solution for employees to access snacks, beverages, and office supplies. The hospitality sector leverages these machines for providing guests with essential items without staff intervention. Hence, the increasing adoption of the product in these sectors is invigorating the intelligent vending machines market growth. Moreover, these machines find usage in public transportation hubs, offering travellers quick access to food, drinks, and travel essentials.

Additionally, the increasing demand for contactless retail solutions due to public health considerations has led to a heightened focus on intelligent vending machines. With the ongoing global health crisis, touchless shopping has gained significant importance, resulting in intelligent vending machines emerging as a critical component in the retail sector’s evolution. These machines’ advanced features, such as face recognition and touchless operation, offer a safer, more hygienic retail experience, boosting the relevance and expansion of intelligent vending machines market.

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Intelligent Vending Machines Market Segmentation

The market can be divided based on machine type, product, application, and region.

Market Breakup by

Free-Standing Vending Machine
Wall-Mounted Vending Machine

Market Breakup by Product

Beverages
Confections
Food
Snacks
Others

Market Breakup by Application

Manufacturing
Commercial Malls and Retail Stores
Offices
Educational Institutes
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global intelligent vending machines companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Fuji Electric Co., Ltd.
Azkoyen, S.A.
Bianchi Industry S.p.A. Group
Crane Payment Innovations Inc.
Rhea Vendors Group S.p.A.
Westomatic Vending Services Ltd
SandenVendo GmbH
Seaga Manufacturing, Inc.
Fas International S.R.L.
Sielaff GmbH & Co. KG
Others

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South Korea Lactose-Free Yogurt Market Growth, Size, Share, Report, Forecast 2023-28

South Korea Lactose-Free Yogurt Market Outlook

According to a new report by Expert Market Research titled, “South Korea Lactose-Free Yogurt Market Trends, Size, Share, Analysis, Report and Forecast 2023-2028″, the South Korea lactose-free yoghurt market reached a value of more than USD 79 million in 2022. Aided by the escalating demand for digestive health-focused food products and growing lactose intolerance among people, the market is expected to grow at a CAGR of 12.5% between 2023 and 2028, reaching a value of USD 158 million by 2028.

Lactose-free yoghurt is a specialised form of yoghurt that is produced without lactose, a sugar present in milk that may cause digestive issues in lactose-intolerant individuals. This product provides the same beneficial probiotics, vitamins, and minerals as regular yoghurt but without the lactose content. It plays a pivotal role in maintaining gut health, boosting the immune system, and ensuring overall wellness.

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In addition to its health benefits, lactose-free yoghurt also possesses excellent taste and texture attributes, making it an appealing ingredient in various food applications, including desserts, snacks, and beverages. The growing consumer preference for health-centric food products, particularly those promoting digestive wellness, is driving the South Korea lactose-free yoghurt market growth.

With the increasing awareness of the health benefits associated with the consumption of probiotics, there has been a significant shift towards probiotic-rich diets, leading to the rising South Korea lactose-free yoghurt market demand. Moreover, the growing prevalence of lactose intolerance and the escalating trend of health and wellness have further contributed to the increasing popularity of lactose-free yoghurt, as it is a nutritious ingredient in dietary regimes adopted by health-conscious individuals.

The expanding applications of lactose-free yoghurt in various sectors also play a substantial role in propelling the South Korea lactose-free yoghurt market development. In the food and beverage industry, lactose-free yoghurt is used as a base ingredient in the production of smoothies, parfaits, and desserts. The cosmetic industry utilises lactose-free yoghurt for its skin-nourishing properties, which are critical in the formulation of various skincare products.

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Further, the growing demand for dairy-based alternatives that cater to the needs of lactose-intolerant and health-conscious consumers has led to an increased focus on lactose-free yoghurt as a viable product in the food and beverage sector. With the rise of personalised nutrition and the increasing popularity of gut-friendly diets, lactose-free yoghurt has emerged as a key component in the formulation of a variety of food and beverage products, thereby boosting the South Korea lactose-free yoghurt market expansion.

South Korea Lactose-Free Yohurt Market Segmentation

The market can be divided based on source, type, and distribution channel.

Market Breakup by Source

Organic
Conventional

Market Breakup by Type

Plain
Flavoured

Market Breakup by Distribution Channel

Supermarkets and Hypermarkets
Convenience Stores
Speciality Stores
Online
Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the South Korea lactose-free yoghurt companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Arla Foods Ingredients Group P/S
Nestlé SA
Danone Pulmuone Co., Ltd.
Others

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South Korea Frozen Yoghurt Market Growth, Share, Size, Report 2023-28

South Korea Frozen Yoghurt Market Outlook

According to a new report by Expert Market Research titled, “South Korea Frozen Yoghurt Market Trends, Size, Share, Analysis, Report and Forecast 2023-2028″, South Korea Frozen Yogurt Market is projected to grow at a CAGR of 3.5% between 2023 and 2028. Aided by the increasing demand for healthier dessert alternatives and a rise in consumer consciousness towards nutritious food intake, the market is expected to grow significantly by 2028.

Frozen yoghurt is a dessert made with yoghurt and sometimes other dairy and non-dairy products. Low fat content, fewer calories, and presence of probiotic cultures make it a favourite amongst health-conscious consumers. Frozen yoghurt is also versatile, being used in a variety of forms such as bars, shakes, and smoothies, adding to its popularity.

The increasing preference for nutritious food products is a significant driver of the South Korea frozen yoghurt market growth. Consumers, increasingly aware of the health benefits associated with yoghurt consumption, are shifting towards frozen yoghurt as a healthier alternative to traditional ice cream. This transition has resulted in a surge in demand for frozen yoghurt products, especially amongst the urban and health-conscious population.

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Additionally, the burgeoning fitness trend in South Korea has also contributed to the escalating popularity of frozen yoghurt. As a high-protein dessert, it is frequently consumed by athletes and fitness enthusiasts, further bolstering the South Korea frozen yoghurt market demand.

The expanding applications of frozen yoghurt in the food and beverage industry also play a substantial role in propelling the market growth. Apart from being served as a standalone dessert, frozen yoghurt is also being used as a key ingredient in various food recipes, including baked goods, drinks, and even savoury dishes.

Moreover, the increase in veganism and the rising popularity of plant-based diets have led to an increased focus on frozen yoghurt as a viable alternative to dairy-based products. With the advent of dairy-free frozen yoghurt made from almond milk, coconut milk, and other plant-based milks, the market has been able to tap into the growing vegan consumer base, thereby boosting the South Korea frozen yoghurt market development.

The influence of western eating habits, coupled with a strong food and beverage sector in South Korea, is further enhancing the South Korea frozen yoghurt market growth. Brands are continually innovating and experimenting with flavours, toppings, and combinations to cater to the evolving consumer palette, leading to a dynamic and competitive market landscape.

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South Korea Frozen Yoghurt Market Segmentation

The market can be divided based on type, flavour, and distribution channel.

Market Breakup by Type

Dairy-based
Conventional
Lactose Free
Non-Dairy-Based

Market Breakup by Flavour

Regular
Flavoured

Market Breakup by Distribution Channel

Supermarkets and Hypermarkets
Convenience Stores
Online
Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the South Korea frozen yoghurt companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Lotte Confectionery Co.,Ltd
Namyang Co., Ltd.
Binggrae Co., Ltd.
Maeil Co.Ltd
Danone Pulmuone Co., Ltd.,
Others

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South Korea Breakfast Cereal Market Trends, Size, Share, Report and Forecast 2023-28

South Korea Breakfast Cereal Market Outlook

According to a new report by Expert Market Research titled, “South Korea Breakfast Cereal Market Share, Size, Growth, Analysis, Report and Forecast 2023-2028″, the breakfast cereal market is expected to grow at a CAGR of 6.1% between 2023 and 2028. Aided by the increasing awareness regarding its health benefits and the increasing demand for ready-to-eat food items, the market is expected to grow significantly by 2028.

Breakfast cereals, commonly made from processed grains, play a significant role in a balanced diet, contributing to overall health and well-being. They come in various forms including flaked, puffed, shredded, or granulated, often fortified with vitamins and minerals. Apart from their nutritional values, breakfast cereals also offer the convenience of quick preparation, making them an ideal choice for the increasingly busy lifestyle of consumers.

The growing preference for nutrient-rich food products is significantly driving the South Korea breakfast cereal market growth. With the rising awareness of health benefits associated with a wholesome breakfast, there has been a notable shift towards high-fibre and low-sugar diets, leading to a surge in demand for breakfast cereal products.

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In addition, the increasing trend of health and fitness has contributed to the popularity of breakfast cereals. As a prime source of carbohydrates and proteins, breakfast cereals are a popular choice for athletes and fitness enthusiasts.

The expanding applications of breakfast cereals also play a critical role in stimulating the South Korea breakfast cereal market development. In the food industry, breakfast cereals are used as a crucial ingredient in numerous products such as energy bars, bakery products, and even in savoury dishes.

Moreover, with the rise of veganism and the increasing popularity of plant-based diets, breakfast cereals have gained recognition as a significant component in the formulation of vegan and plant-based foods. As a result, the focus on breakfast cereals as a viable ingredient for plant-based products has increased, thereby promoting the South Korea breakfast cereal market expansion.

Further, the Westernisation of diets, alongside the robust food and beverage sector in South Korea, is enhancing the breakfast cereal market. Brands are continually innovating to cater to the evolving consumer preferences, experimenting with flavours, textures, and nutritional content. Additionally, the increase in disposable income, the growth of organised retail, and an expanding e-commerce sector are positively impacting the South Korea breakfast cereal market growth.

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South Korea Breakfast Cereal Market Segmentation

The market can be divided based on product and distribution channel.

Market Breakup by Product

Hot Cereal
Ready to Eat

Market Breakup by Distribution Channel

Supermarkets and Hypermarkets
Convenience Stores
Online
Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the South Korea breakfast cereal companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Kellogg Company
Post Consumer Brands, LLC
Lotte Confectionery Co. Ltd.
Orion Corp.
Pulmuone Co., Ltd.
Others

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Ship Funnel Market Trends, Share, Size, Growth, Report 2023-28

Ship Funnel Market Outlook

According to a new report by Expert Market Research titled “The Global Ship Funnel Market Growth, Size, Trends, Analysis, Report and Forecast 2023-2028″ the ship funnel market projected to grow at a CAGR of 3.30% between 2023 and 2028. Aided by the growing demand for efficient exhaust systems in maritime transportation and the increasing application of various types of vessels across industrial and commercial sectors, the market is expected to grow significantly by 2028.

Ship funnels, also known as smokestacks, are an essential part of maritime vessels, designed to vent off exhaust gases from the ship’s engines into the atmosphere. They play a crucial role in maintaining the operational efficiency and safety of ships, thereby contributing to the overall integrity of maritime transportation.

Apart from their primary function of gas venting, ship funnels also serve as an essential platform for integrating exhaust gas cleaning systems (scrubbers) to comply with the International Maritime Organisation (IMO) sulphur cap regulations. This environmental regulation and the subsequent adoption of scrubbers are significant drivers propelling the global ship funnel market growth.

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With the increasing awareness of environmental concerns and the harmful impacts of maritime pollution, there has been a considerable shift towards environmentally friendly shipping practices. This shift has resulted in a surge in demand for ship funnels equipped with advanced scrubber systems, as they play a vital role in reducing sulphur oxide emissions.

The rising trend of efficient fuel usage in shipping operations also contributes to the increasing popularity of ship funnels, increasing the ship funnel market demand. As they can help optimise fuel combustion processes and reduce soot deposits, ship funnels have become an integral part of maritime vessels aiming for fuel efficiency and compliance with emission standards.

The expanding applications of ship funnels across various types of vessels, including cargo ships, passenger ships, tankers, and naval vessels, play a significant role in advancing the ship funnel market development. These funnels are customised according to the vessel type, size, and engine specifications, offering an array of opportunities for market players.

Moreover, the growing demand for eco-friendly alternatives in the maritime industry has led to an increased focus on ship funnels as a viable tool for reducing environmental impact. With the rise of green shipping and the increasing popularity of sustainable maritime operations, ship funnels have emerged as a critical component in the efforts towards cleaner oceans, thereby boosting the ship funnel market expansion.

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Ship Funnel Market Segmentation

The market can be divided based on vessel type and region.

Market Breakup by Vessel Type

Service Vessels
Industrial Ships
Passenger Carriers
Cruise Ships
- Ferries
- Cargo Carriers
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global ship funnel companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Mitsubishi Heavy Industries, Ltd.
Alfa Laval
DSV A/S
Clean Marie AS
FPS Famous Pacific Shipping B.V.
Others

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Metallic Stearates Market Trends, Share, Size, Industry Report 2023-28

Metallic Stearates Market Outlook

According to a new report by Expert Market Research titled, “Global Metallic Stearates Market Size, Share, Analysis, Report and Forecast 2023-2028″, the metallic stearates market is reached a value of approximately USD 3.97 billion in 2022. Aided by the rising demand for plastic stabilisers and the burgeoning applications of metallic stearates in an array of industries, the market is projected to further grow at a CAGR of 4.70% between 2023 and 2028 to reach a value of USD 5.23 billion by 2028.

Metallic stearates, derived from stearic acid, are used extensively as lubricants, acid scavengers, water repellents, and gelling agents, among other things. They play a critical role in enhancing processing capabilities and the overall performance of various end products. Beyond their functional properties, metallic stearates also exhibit excellent stabilising and plasticising properties, which make them an indispensable component in various industrial applications, including plastics, pharmaceuticals, food, and cosmetics.

The escalating consumer inclination towards products with enhanced durability and improved performance is driving the global metallic stearates market growth. With the heightened awareness of the benefits linked with stabilisers, particularly in the plastic and rubber industries, there has been a notable shift towards metallic stearates-based products. Additionally, the thriving trend of sustainable manufacturing has further increased the demand for metallic stearates as they assist in producing more environment-friendly products.

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The burgeoning applications of metallic stearates in myriad industries significantly contribute to the metallic stearates market expansion. In the pharmaceutical industry, metallic stearates are used as lubricants and stabilisers in tablet production. The cosmetics industry utilises metallic stearates for their water-repelling and skin-protective properties, which are integral in the formulation of various skincare products. Furthermore, metallic stearates’ plasticising properties make them an indispensable component in manufacturing PVC and other plastic products, thereby increasing the global metallic stearates market demand.

Further, the escalating demand for high-quality cosmetics and pharmaceutical products has led to an increased focus on metallic stearates. With the increasing popularity of high-performance and sustainable products, metallic stearates have become an integral component in the formulation of many consumer goods. These trends, coupled with ongoing research and development to expand the application range of metallic stearates, continue to fuel the metallic stearates market expansion.

Metallic Stearates Market Segmentation

The market can be divided based on product, form, application, and region.

Read Full Report with Table of Contents@
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Market Breakup by Product

Calcium Stearates
Zinc Stearates
Aluminium Stearates
Lithium Stearates
Magnesium Stearates
Others

Market Breakup by Form

Powder
Granules

Market Breakup by Application

Plastics
Pharmaceuticals
Cosmetics
Rubber
Paints and Coatings
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global metallic stearates companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Akrochem Corporation
Baerlocher GmbH
Dover Chemical Corporation
Faci S.p.A
Peter Greven GmbH & Co. KG
PMC Group, Inc.
Promax Industries ApS
Sinwon Chemical Co., Ltd.
Valtris Specialty Chemicals Limited
Others

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