priyankatechsci – Page 14

Smart Glasses Market to Register a CAGR of 9.50% During the Forecast Period

According to TechSci Research report, “Smart Glasses Market – Global Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2018-2028,” the Global Smart Glasses Market is expected to project an impressive growth of 9.50% through 2028 to reach USD372.24 million by 2028 on account of rapidly surging demand from the rising trend for eye wear products and growing innovations in wearable glasses. The Global Smart Glasses Market is being supported by major factors such as growing technological advancements in the smart glasses, such as glasses equipped with virtual reality and augmented reality and other features such as camera, connectivity with smartphones and other gadgets, and health tracking. These are some critical drivers, which are projected to boost the global smart glasses market in the coming years.

Browse over 162 market data figures spread through 217 Pages and an in-depth TOC on “Global Smart Glasses Market.” – https://www.techsciresearch.com/report/global-smart-glasses-market/10615.html

The Global Smart Glasses Market is segmented into product type, end user, frame shape, distribution channel, region, and company. Based on product type, the global smart glasses market can be segregated into sunglasses and eyeglasses. Among these, the sunglasses segment dominated the market in 2022 as smart sunglasses offer many advantages, including sun protection, and are fitted with cutting-edge technologies like cameras, headphones, and activity monitors, which is further accelerating market growth.

Furthermore, it is anticipated that new product launches by brands will speed up market expansion. For instance, in 2022 Noise unveiled the “i1,” the company’s first pair of smart sunglasses, which includes features like Motion Estimation, a Motion Compensation (MEMS) microphone for calling, magnetic charging, hands-free voice control, and more. Certain factors influence the growth of the smart sunglasses segment within the global smart glasses market.

In terms of end user, the global smart glasses market is divided into men and women. The men category accounts for the majority of the market share in the global smart glasses market. However, the market share of men category for the smart glasses is expected to decline due to the growing adoption of smart glasses among women as they are witnessing a significant inclination towards fashion-based technology-driven products.

Based on distribution channel, the global smart glasses market is segmented into specialty stores, online, hypermarkets and supermarkets, and others (multi-branded stores, direct sales, etc.). Out of these, the specialty stores accounted for the majority of market shares in the global smart glasses market, followed by online channel. Companies are trying to increase their focus to make their products reach specialty stores, and online channels worldwide. Urban areas remain the dominant consumption market.

In terms of regional analysis, the global smart glasses market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Factors such as significant changes in the standard of living, increasing urbanization in developing nations, and China’s dominance for technological driven products and continuous inhouse production hub for eyewear products which are further propelling the demand for smart glasses in the global market.

Key market players in the global smart glasses market include:

EssilorLuxottica
Titan Company Limited
Lenovo Group Limited
Alphabet Inc.
Goertek Inc.
Bose Corporation
Huawei Technologies Co. Ltd
Razer Inc.
Vuzix Corporation
Vigo Technologies, Inc.

Many brands are introducing new, innovative, and distinctive products into the market to grab consumers’ attention and significantly boost their market shares in light of the fierce competition in the global market for smart glasses. As an illustration, Snap unveiled its new smart glasses in 2022. These glasses feature augmented reality and virtual reality.

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Furthermore, the COVID-19 pandemic hindered the growth of the smart glasses sector. The market’s demand for eyeglass accessories decreased as a result of the pandemic and store closings. The scale of manufacturing in the smart glasses was impacted by the lockdown due to changes in labor and resource availability. The supply chain for smart glasses was hampered by transportation issues. Additionally, fewer employees, financial constraints, and higher service prices all contributed to the worsening of the logistics problems. Mobility issues caused supply networks to break down during the lockdown, and the significant collapse within the export facilities had a negative impact on the market for smart glasses worldwide. This affected a number of import shipments in different nations.

In order to grow their businesses, many of the brands in the global smart glasses market are forming alliances with other organizations. For instance, Facebook Inc. and EssilorLuxottica launched their smart glasses in 2021. Additionally, in 2022, Facebook purchased Luxexcel, a business that makes 3D-printed prescription lenses for smart glasses. With this acquisition, the company hopes to grow its market share in this industry. Additionally, Google acquired North in 2022 to help it expand its business in the global market for smart glasses.

“Global Smart Glasses Market is expected to grow at a robust pace during the forecast period due to surging marketing tactics, and growing awareness for the availability of the smart glasses category across the world. Furthermore, the emerging trends in the global smart glasses market are growing demand from the young generation and millennials, and are boosting the sales of smart glasses.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Smart Glasses Market – Global Industry Size, Share, Trends, Opportunity and Forecast, 2018-2028 Segmented By Product Type (Sunglasses, Eyeglasses), By End User (Men, Women), By Frame Shape (Wayfarer, Rectangle, Round (Circle & Oval), Others (Aviators, Square, etc.)), By Distribution Channel (Specialty Stores, Online, Supermarkets and Hypermarkets, Others (Multi-Branded Stores, Direct Sales, etc.)), By Region, Competition”, has evaluated the future growth potential of global smart glasses market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global smart glasses market.

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India Built-in Kitchen Appliances Market – Global Industry Size, Share, Trends

According to TechSci Research report, “India Built-in Kitchen Appliances Market – By Region, Competition, Forecast and Opportunities, 2018-2028F” The India built-in kitchen appliances market is expected to project impressive growth of USD601.18 million by the end of 2028, on account of rapidly surging demand from the residential sector as well as the increasing preferences for convenient and quality-based products among population in India.

The built-in kitchen appliances market is supported by significant factors such as an increasing middle-class population, infrastructure development, rising need for renovation, rapidly increasing urbanization, growing demand for residential spaces, etc. Moreover, increasing technological advancements such as smart technologies in built-in kitchen appliances, etc., on the back of strict government standards, modern trade, increasing demand from Tier I and Tier II cities, growing online sales of built-in kitchen appliances, and the availability of financing and emerging new payment modes are some other factors that are anticipated to contribute to the growth of the India built-in kitchen appliances market in the next five years at a high rate.

Browse over 20 market data Figures spread through 70 Pages and an in-depth TOC on “India built-in kitchen appliances Market” https://www.techsciresearch.com/report/india-built-in-kitchen-appliances-market/9501.html

The India built-in kitchen appliances market is segmented based on product type, end distribution channel, regional distribution, and competitive landscape. Based on product type, the market is further fragmented into built-in hobs, built-in hoods, built-in ovens & microwaves, built-in dishwashers, built-in refrigerators, and others (built-in coffee machines, built-in barbeque grillers, etc.). The built-in hobs segment is expected to register the largest revenue share of the market and dominate the market segment in the upcoming five years on account of its various advantages, such as greater energy efficiency, blending with home décor, as they are not bulky, and therefore highly suitable for a compact kitchen. These are significant factors influencing the growth of built-in hobs within India’s built-in kitchen appliances market.

The market is segmented into contract sales, multi-branded stores, exclusive stores, and online based on the end-use sector. The exclusive stores segment is anticipated to grow the fastest in India’s built-in kitchen appliances market, as consumers are inclined toward branded products due to the rising preference for quality-based products. Also, various brands offer discounts, extended warranty periods, etc., to expand their consumer base. The use of built-in kitchen appliances within the household sector is continuously increasing with the growing standard of living and the easy availability of these products. Such factors contribute to the increasing demand for built-in kitchen appliances within the residential sector.

Key market players in the built-in kitchen appliances market include:

Whirlpool of India Ltd.
BSH Household Appliances Manufacturing Private Limited
Franke Faber India Private Limited
Hafele India Private Limited
Miele India Pvt. Ltd.
Samsung India Electronics Private Limited
Haier Smart Home Co. Ltd.
Kaff Appliances (India) Private Limited
IFB Appliances LTD
BlowHot Kitchen Appliances Pvt. Ltd.

With the increasing competition in the India built-in kitchen appliances market, most major brands are focused on producing new models with the latest features. Also, market players of built-in kitchen appliances are investing in research and development departments to develop innovative offerings to target the untapped consumer base around the nation.

Furthermore, the market players are continuously enhancing their product portfolios and acquiring and merging with other players to expand their consumer base. For instance, in 2021, Whirlpool acquired an additional stake in kitchen appliance maker Elica PB India for $57 million. The company developed a majority stake in Elica PB India, i.e., increasing its holding from 49% to 87%.

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Since the northern states of India are home to a more significant proportion of India’s population, the North India area accounts for the largest revenue share in the built-in kitchen appliances market. Moreover, other factors, such as the rising demand for residential spaces, particularly in the northern areas such as Delhi/NCR, which has the highest demand for built-in kitchen appliances, etc., are projected to further fuel the market growth in the region in the forecast period.

“Consumer adoption of built-in kitchen appliances is likely to increase over the next five years, given the rising consumer spending on luxury products and the expanding number of distributors and dealers of built-in kitchen appliances cooperating with big online portals such as Flipkart, Amazon, and others.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Built-in Kitchen Appliances Market Share By Product Type (Built-in Hobs, Built-in Hoods, Built-in Ovens & Microwaves, Built-in Dishwashers, Built-in Refrigerators, and Others (Built-in Coffee Machines, Built-in Barbeque Griller, etc.)), By End Distribution Channel (Contract Sales, Multi-Branded Stores, Exclusive Stores, and Online), By Region, Competition, Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of India built-in kitchen appliances market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India built-in kitchen appliances market.

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UAE Dairy Products Market – Global Industry Size, Share, Trends

According to TechSci Research report, “UAE Dairy Products Market By Type (Dairy Milk, Ghee & Butter, Ice Cream & Milk Cream, Cheese & Spread, Yogurt, Others), By Distribution Channel (Supermarket /Hypermarket, Grocery Stores, Online & Others), By Region, Competition Forecast & Opportunities, 2026”, the UAE dairy products market stood at USD1.66 billion in 2020 and is projected to reach USD2.47 billion by 2026F with a CAGR of 6.89%. Dairy products, also known as milk products, are types of food which are made from the milk of mammals, most commonly cow, goat, camels, buffaloes, sheep, and other cattle. Dairy products include food items such as milk, cheese and spreads, yogurt, ice cream, milk cream, ghee, butter, and other products like condensed milk cream, pudding, milk powders, etc.

Dairy products market in the UAE is witnessing a tremendous change due to increasing emphasis on nutritional value of dairy products. Introduction of value-added dairy products, changing consumption patterns, growing penetration of international players, etc. are further fueling the growth of dairy products market in the UAE. Value added dairy products, changing consumer preference towards low fat dairy products, increasing per capita spending, etc., are projected to drive the growth of the UAE dairy products market.

The COVID-19 pandemic led to the rise in awareness for healthy eating and drinking habits among the consumers. Thus, a rise in demand for dairy products has been observed across the country post lockdown, as they are considered a healthier option. During and post the pandemic period, the shift in consumers’ focus towards preventive health management practices is expected to drive the growth of the dairy market.

Large players along with the help of the government have established collection and cooling centers in order to manage the storage and distribution of raw milk efficiently. Collection and cooling centers are technologically advanced, where milk can be stored for longer hours at specified locations, and then finally transferred to factories for further processing of dairy products. Moreover, integration of latest technology would enable easy monitoring of cattle health and feeds vis-a-vis limiting human interference. New processing technologies of converting milk into other dairy products with a longer shelf life has reduced losses associated with the perishability of milk and has opened up new markets for surplus milk production.

Browse 20 market data Figures and 6 Tables spread through 84 Pages and an in-depth TOC on “UAE Dairy Products Market”

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The UAE dairy products market consists of the following segments, by type, by distribution channel, by region and by company. In terms of type, the UAE dairy product market is divided into dairy milk, ghee & butter, ice cream & milk cream, cheese & spread, yogurt and others. Among these, dairy milk accounted for the majority of market share in the UAE dairy products market in 2020 followed by cheese and spread. This is due to the rise in awareness of value-added dairy products among consumers, focus on organic milk and growing demand from young population. In terms of distribution channels, the UAE dairy products market is divided into supermarket /hypermarket, grocery stores, online & others. Among these, supermarket /hypermarket accounted for the majority of market share of more than 60% in UAE dairy products market in 2020 and will continue to dominate the market during the forecast period. The online sales segment is the fastest-growing as it is convenient due to better logistic systems.

Do You Have A Love/Hate Relationship With Dairy Products?

In terms of region, the UAE dairy products market is divided into Dubai, Abu Dhabi, Sharjah and Rest of UAE. Among which, Dubai has dominated the UAE dairy products market due to the large population and high per capita income. Additionally, dairy products companies in the UAE are continuously focusing on maximizing the dairy farmer investment by creating programs and resources to drive dairy products demand and build consumer confidence to ensure a strong future for the dairy industry in the country. To remain competitive in the market, companies are continuously involved in new product development and in new strategic development.

Some of the leading companies in UAE dairy products market are Almarai Company, Al Rawabi Dairy Co Llc, Al Ain Farms, Gulf & Safa Dairies Co LLC and Marmum Dairy Farm LLC.

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“Dairy products are considered a beneficial source nutrition for preventive healthcare. They are consumed highly in order to maintain a proper health and lifestyle. The growing middle-class population, with rising disposable income, is becoming highly aware of the importance of diet and nutrition for long term good health. Growing awareness about the preventive health among consumers is expected to increase the consumption of dairy products in UAE.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“UAE Dairy Products Market By Type (Dairy Milk, Ghee & Butter, Ice Cream & Milk Cream, Cheese & Spread, Yogurt, Others), By Distribution Channel (Supermarket /Hypermarket, Grocery Stores, Online & Others), By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of dairy products market in the UAE and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with the essential drivers, challenges and opportunities present in the UAE dairy products market.

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Saudi Arabia Dairy Products Market – Global Industry Size, Share, Trends

According to TechSci Research report, “Saudi Arabia Dairy Products Market– By Region, Competition Forecast & Opportunities, 2018-2028F”, Saudi Arabia Dairy Products Market is expected to grow at a higher pace during the forecast period due to various factors such as increasing health consciousness, rising demand for protein-rich meals, and rising consumption of high-end dairy products, particularly dairy sweets. Additionally, the demand for dairy products in sports nutrition is one of the key factors anticipated to propel the expansion of the Saudi Arabia Dairy Products Market over the anticipated years.

The dairy sector in Saudi Arabia is experiencing an increase in demand for value-added dairy products such as ghee, butter, cheese, ice cream, probiotic drinks, and others. Demand for value-added dairy products is rising in Saudi Arabia due to a variety of factors, including rising disposable income, population increase, altered eating patterns brought on by western culture, etc. Furthermore, during the projection period, the demand for value-added products in Saudi Arabia is projected to be boosted by product advancements in dairy products with added value, such as reduced-fat cheese, sugar-free ice cream, and flavored yogurt.

The Saudi Arabian Dairy Products Market is declining as the rise in veganism and the preference of the vegan population for plant-based diets over dairy products. Moreover, The Saudi Arabian Dairy Products Market will encounter challenges due to the high cost of these products. Some of the major challenges limiting the region dairy products market’s expansion are lactose intolerance, dairy allergy, consumer shift toward plant-based foods, and misconceptions regarding milk consumption. However, it is anticipated that the availability of cholesterol-free substitutes such as toned milk, soy milk, rice milk, potato milk, and almond milk will restrain the growth of the Saudi Arabia Dairy Products Market over the forecast period.

Browse over XX market data Figures spread through XX pages and an in-depth TOC on “Saudi Arabia Dairy Products Market” – https://www.techsciresearch.com/report/saudi-arabia-dairy-products-market/14854.html

The increase in dairy products has been made feasible by simple packaging, marketing, healthy products, and accessibility. Supermarkets have been essential in displaying dairy products for customers. Various companies manufactures milk and milk-related products for both the domestic market and the global market. The Saudi Arabia dairy products industry is growing because of laws governing halal drinks and the rising demand for packaged dairy goods. Several foreign companies are entering the market, as the country significantly depends on imports to meet its dairy needs.

Saudi Arabia Dairy Products Market is segmented into type and distribution channel. Based on product type, the market is segmented into drinking milk, butter, cheese, yogurt, and others. Among these, the drinking milk segment holds the largest market share and is predicted to continue dominating the industry. Due to the rising number of consumers who are health-conscious and aware of the advantages of milk consumption.

11th Edition - Foodex Saudi Expo 2024 Riyadh (16 - 19 September 2024, Riyadh International Convention & Exhibition Center, RIYADH, SAUDI ARABIA - Saudi Arabia's Leading International Food & Drink Trade Exhibition)

Based on distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, Bakala, online, & others. The country’s dairy market is dominated by the supermarkets and hypermarkets segments since leading dairy producers offer their products at these facilities. Additionally, a variety of dairy products are offered in supermarkets and hypermarkets because of the government’s efforts to boost dairy productivity.

The market also studies regional segment which includes western, northern & central, eastern, and southern.

Key market players in the global Saudi Arabia Dairy Products Market include:

Almarai Compan
Saudia Dairy and Foodstuff Company (SADAFCO)
National Agriculture Development Company (NADEC
Mondelēz Arabia for Trading LLC
Al Muhaidib Group (Nestle)
Al Faisaliah Group
Al Othman Agriculture Production and Processing Company (NADA)
Danya Foods Ltd
Al Safi Danone Ltd
Pinar Dairy Food Co

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“The demand for dairy products in Saudi Arabia is increasing as consumers’ awareness of the benefits of milk and related products is growing. The market has also been fueled by new milk-related product developments since the top market players frequently launch new and competitive products that foster market expansion by increasing the use of dairy products for a variety of uses. In the upcoming years, it is anticipated that the market for dairy-derived products would grow due to the increasing demand for on-the-go products which will also increase the demand for dairy in Saudi Arabia.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Saudi Arabia Dairy Products Market Size By Type (Drinking Milk, Butter, Cheese, Yogurt & Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Bakala, Online, & Others), By Region, By Company, By Company, Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of dairy products in the Saudi Arabia market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the Saudi Arabia dairy products market.

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Turkey Travel and Tourism Market – Global Industry Size, Share, Trends

According to TechSci Research report on, “Turkey Travel & Tourism Market -By Region, Competition Forecast & Opportunities, 2027”, the Turkey travel and tourismmarket is anticipated to witness robust CAGR over the forecast period 2023-2027. The market growth can be attributed to the inflating disposable income of the consumers along with their growing spending power on leisure and recreational activities. Tourism in Turkey is largely focused on a variety of seaside resorts such as Mediterranean and Aegean Sea and historical sites. The country is also a popular destination for culture, spas, and healthcare. As a result, Turkey comes among one of the top 10 destinations across the globe for tourism. Moreover, the tourism sector directly affects the economy of Turkey, accounting for 7.7 percent of the total employment, equivalent to 2.2 million people. Therefore, the government of Turkey is taking initiatives to promote the travel and tourism industry. The new “healthy tourism certificate” program has been implemented to earn the confidence of tourists that Turkey is a safe destination with rigorous checks on airlines, local transport, and hotels. Apart from this, the growing medical tourism in the country is also adding to the growth of the market. Turkey is one of the world’s leading healthcare destinations due to the availability of high-quality health facilities. Moreover, medical tourists have access to healthcare programs and thermal spas who take five-star hotel accommodation in their package. All these aforementioned factors are anticipated to propel the Turkey tourism and travel market over the coming years.

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The Turkey travel & tourism market is segmented by service offering, destination, the purpose of visit, competitive landscape, and regional distribution. Based on the service offering, the market is differentiated between ticket reservation, hotel booking, holiday/tour packages, travel insurance, foreign exchange, visa services, conference/trade fair services, and others. Among these, the holiday/tour packages segment is anticipated to hold a prominent market share. Holiday/tour packages assist in overall traveling, from booking flight tickets and hotels to easy visa application. Moreover, the emergence of holiday/tour packages service providers over online platforms has resulted in an increased number of travelers from all over the world. In addition, the increasing internet and smartphone penetration are also adding to the growth of this segment as it is convenient for the traveler to book everything online via holiday/tour packages service providers.

By destination, the market is divided between domestic tourists and international tourists. Among these, the international tourist segment is expected to hold a significant share of the market due to the several initiatives taken by the Turkey government to strengthen the international tourism as it yields more revenue to the country. Tourism is among one of the largest and fastest-growing industries and is an essential source of employment in Turkey. Therefore, strategic marketing initiatives are taken by the top market players and the government, such as less hustle in visa offering to promote tourism adding to the growth of the international tourist segment. Furthermore, after the Covid-19, with Turkey relaxing all the covid-related restrictions for, several nations have received a high number of travelers in the recent quarter. The country also made it easy for anyone to access their visa if they had a valid UK or US visa.

Turkey Tourism – A Complete Travel Guide - Tripoto

Based on the purpose of the visit, the market is segmented into business, leisure & recreation, education, medical, social activity, and others. The leisure and recreation segment is anticipated to hold a considerable market share in the coming years due to the inflating disposable income of the consumers, and their growing preference for personalized travel is creating a huge potential for luxury travel. However, medical tourism is also anticipated to propel at a rapid pace in the country as Turkey is one of the leading health tourism destinations across the world due to the availability of high-quality healthcare facilities.

A list of major market players of the Turkey travel and tourism market includes:

G Adventures
Exodus Travels Limited
Explore Worldwide Ltd
Europamundo Vacation
MWM Consultancy (Scotland) Ltd.
Cosmos Tours Ltd
Topdeck Travel Limited
Insight Vacations (Canada) Ltd.
MacBackpackers Limited

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“Turkey stands as the 6th most popular tourist destination in the world. Turkey represents vast employment opportunities in both established and newly developing subsectors of the tourism industry. With its favorable location, mega projects, and ambitious targets set for 2023, the tourism sector is anticipated to grow at a rapid pace. Turkey’s regions like Eastern and Southeastern Anatolia both have untapped potential for new investments. The Turkish government is also supporting the investors by introducing policies such as reduced utility prices and taxes along with formulating policies that are aimed at eliminating any bureaucratic barriers that may hinder the growth in the tourism sector.” said Mr. Karan Chechi, Research Director, TechSci Research, a research based global management consulting firm.

“Turkey Travel & Tourism Market Size By Service Offering (Ticket Reservation, Hotel Booking, Holiday/Tour Packages, Travel Insurance, Foreign Exchange, Visa Services, Conference/Trade Fair Services and Others), By Destination (Domestic Tourist Vs International Tourist), By Purpose of Visit (Business, Leisure & Recreation, Education, Medical, Social Activity and Others), By Region, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of global Turkey travel and tourism market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global Turkey travel and tourism market.

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Saudi Arabia Seafood Market – Global Industry Size, Share, Trends

According to TechSci Research report, “Saudi Arabia Seafood Market By Product (Fish, Shrimp, Crab, Lobster, Others) By Type (Raw, Frozen, Processed) By Application (Retail, Institution Sales and Food Service) By Distribution Channel (Supermarket/Hypermarket, Departmental Stores, Specialized Stores, Online, Others), Company Forecast & Opportunities, 2026”, The Saudi Arabia Seafood market is expected to witness steady growth in the next five years. An increase in the initiatives offered by the government to raise the confidence of the consumers in eating quality seafood is expected to influence the demand for seafood in the next five years. According to the Saudi Vision 2030, the leading authorities are encouraging to increase the domestic production of the fish by adopting advanced technologies and measures to reduce the dependency on the export of the fish. Under Vision 2030, aquaculture production is expected to reach around half a million tonnes thereby significantly contributing to the growth of the economy and fuel the growth of the seafood market in the next five years. The presence of a large red sea coastline and favorable environmental conditions is expected to act as a positive factor contributing to the growth of the seafood market. Identification of the geographic locations favoring the maximum production of the seafood and supply of raw materials and quick logistics by the concerned authorities can accelerate the growth of the seafood market. Organizing social media campaigns to raise consumer awareness regarding the health benefits of consuming seafood is expected to fuel the seafood market growth. Technological advancements made in the production, packaging, distribution of seafood and its related products are expected to influence the market growth in the forecast period.

The COVID-19 outbreak across the world which has been declared as a pandemic by World Health Organization has affected countries adversely. Leading authorities of Saudi Arabia imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Coronavirus-affected patients started suffering from shortness of breath along with coughing and sneezing. Manufacturing units were temporarily shut down, and the shortage of workforce was observed as the majority of workers moved back to their native places. The disruption in the supply chain and the restriction over the import and export activities negatively affected the growth of the seafood market.

However, depletion of certain sea species and short shelf life of the seafood products may hamper the Seafood market growth in the forecast period.

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Saudi Arabia Seafood market is segmented into product, type, application, distribution channel, regional distribution, and company. Based on the product, the market can be divided into fish, shrimp, crab, lobster, and others. The fish segment is expected to account for major market share in the forecast period, 2022-2026 owing to the high demand for the consumption of the fish. An increase in the popularity of the fish as a high protein alternative to meat is expected to foster the fish segment market growth.

COVID-19: KSA Processed Seafood Suppliers to be Self-Sufficient?

Sea Land Seafood Trading Co., Arab Fisheries Co, Al Faisal Fisheries Co, National Aquaculture Group, Rubban Fisheries Trading Company, Izafco LLC, Jazadco Shrimp Sales, Saudi Fisheries Company, Sami Hamad Est, Mohamed Ali Al Aradi & Partner Co., Uzma TE, Zuhair Al Madani Food Trading, King Fisheries Est. Jubail, Kingdom, Fitkar International Trading Company, Mohamed A. Alharbi Est. – Alharbi Seafoods are the leading players operating in Saudi Arabia Seafood market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several Seafood manufacturers are coming up with their technologically advanced offerings.

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“The adoption of a sustainable method of fishing can increase the domestic production of fish to satisfy the growing consumer demand for the consumption of fish. The increase in the presence of restaurants, hotels, cafes, amongst others, and the collaboration of fisherman and fish farmers with retailers, foodservice providers, and distributors can act as a catalyst for the growth of the seafood market in the next five years. Improvement of the infrastructure of the supply chain along with the rise in the affordability of seafood is further expected to propel the seafood market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a global research-based management consulting firm.

“Saudi Arabia Seafood Market Share By Product (Fish, Shrimp, Crab, Lobster, Others) By Type (Raw, Frozen, Processed) By Application (Retail, Institution Sales and Food Service) By Distribution Channel (Supermarket/Hypermarket, Departmental Stores, Specialized Stores, Online, Others), Company Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia Seafood market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Saudi Arabia Seafood market.

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Robotic Vacuum Cleaner Market – Global Industry Size, Share, Trends

According to TechSci Research report, “Global Robotic Vacuum Cleaner Market By Type, By End User, By Region, Competition Forecast & Opportunities, 2012 – 2022”, the robotic vacuum cleaner market is anticipated to exhibit a CAGR of over 13% in value terms, during 2017-2022, globally on account of rising expenditure on lifestyle products along with growing awareness about indoor air pollution. In addition, robotic vacuum cleaners are gaining high traction over the last few years, especially owing to increasing female employment. Further, the manufacturing companies are bringing in new technologies to cater to the augmenting consumers demand for robotic vacuum cleaners. By 2019, number of smartphone users across the globe is forecast to cross 2.91 billion as compared to 2.12 billion in 2016 and global smart homes market size is estimated to reach $ 47.3 billion, both of which are predicted to have a significant positive impact on the global robotic vacuum cleaners market in the coming years.

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In 2016, floor vacuum cleaners captured a lion’s share in global robotic vacuum cleaner market, and the segment is forecast to maintain its dominance through 2022 on the back of on-going expansion in both the amount of floor space and the number of businesses worldwide, growth in demand for smart homes and rising trend of wooden flooring. Residential end user segment held the largest share in the market in 2016. Although, the market is governed by demand from residential sector, the hospitality sector offers much more promising growth prospects. In terms of region, Europe garnered the largest share in the market on account of expanding consumer electronics market, growing technological advancements and favorable government initiatives. The region is witnessing high demand for robotic vacuum cleaners due to increase in indoor pollution level and rising incidences of harmful respiratory diseases. Some of the leading players operating in the market include iRobot Corporation, ECOVACS ROBOTICS, Neato Robotics, Dyson Ltd., Samsung Electronics Co. Ltd., etc.

Best robotic vacuum cleaner help us embrace efficiency and cleanliness, 10 picks | Mint

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“Growing women workforce, introduction of innovative products and greater emphasis on health and hygiene are identified to be the key factors that will continue to create demand for robotic vacuum cleaners in the coming years. Additionally, online availability of robotic vacuum cleaners and rising disposable income, especially in dual-income households, is strongly supporting the sales of robotic vacuum cleaners, globally. Besides that, demand from developing countries is expected to fuel market for robotic vacuum cleaners, with Asia-Pacific emerging as the fastest growing region during the forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Robotic Vacuum Cleaner Market By Type, By End User, By Region, Competition Forecast & Opportunities, 2012 – 2022” has evaluated the future growth potential of global robotic vacuum cleaner market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global robotic vacuum cleaner market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Plant-Based Milk Market – Global Industry Size, Share, Trends

According to TechSci Research report, “Global Plant-Based Milk Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Plant-Based Milk Market stood at USD12,624.01 Million in 2022 and is anticipated to grow with a CAGR of 6.38% in the forecast period, 2024-2028. The global plant-based milk market has witnessed significant growth in recent years, driven by changing consumer preferences, health and sustainability concerns, and innovations in product offerings. As the market continues to evolve, several major trends have emerged, shaping its trajectory.

One of the most prominent trends in the global plant-based milk market is the diversification of milk alternatives beyond traditional soy and almond milk. Consumers are now presented with a wide array of options, including oat, rice, coconut, hemp, and cashew milk, among others. This diversification caters to various dietary preferences, nutritional needs, and taste preferences.

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The global plant-based milk market has experienced remarkable growth in recent years, driven by shifting consumer preferences, health-conscious choices, sustainability concerns, and innovative product offerings. This burgeoning sector has evolved from being a niche market to a mainstream choice for a diverse range of consumers. Plant-based milk, also known as dairy alternatives or milk substitutes, refers to non-dairy beverages made from plant sources such as nuts, seeds, grains, and legumes. These alternatives have gained popularity as consumers seek healthier, more sustainable, and ethical options to traditional dairy milk. The plant-based milk market includes a wide variety of options, including almond milk, soy milk, oat milk, coconut milk, rice milk, hemp milk, and more.

Consumers are increasingly seeking healthier dietary options. Plant-based milk is often perceived as a healthier choice due to its lower saturated fat and cholesterol content, as well as its potential for fortification with vitamins and minerals. Environmental concerns related to the dairy industry, such as greenhouse gas emissions and land use, have led consumers to explore more sustainable options. Plant-based milk, particularly almond and oat milk, is often considered more environmentally friendly.

The rise of vegan, vegetarian, and flexitarian diets has spurred demand for dairy alternatives. Plant-based milk fits well into these dietary choices. Lactose intolerance and dairy allergies affect a significant portion of the population, driving individuals to seek dairy-free alternatives. Companies in the plant-based milk market continually innovate, improving taste, texture, and versatility. Innovations like barista-quality oat milk and new flavor profiles expand consumer options.

A Plant-Based Doctor's Take on Choosing a Plant-Based Milk - Nutrition

The market has evolved beyond traditional soy and almond milk to include a wide variety of options. Oat milk, in particular, has gained prominence for its creamy texture and versatility. Consumers are increasingly choosing plant-based milk for its perceived health benefits, including lower saturated fat and cholesterol levels. Fortified versions cater to those seeking added nutritional value. Environmental and ethical concerns have driven demand for more sustainable options. Companies are adopting sustainable practices in sourcing and production to align with consumer values.

Oat milk has gained significant popularity in recent years, emerging as a strong contender in the plant-based milk market. This trend can be attributed to several factors. Firstly, oat milk has a naturally sweet flavor and creamy texture, making it a suitable replacement for dairy milk in coffee, lattes, and cereals. Secondly, it is often perceived as more sustainable than almond milk due to its lower water usage and smaller environmental footprint. Brands like Oatly have capitalized on this trend, leading to widespread availability of oat milk products.

The Global Plant-Based Milk Market is segmented into type, category, packaging, distribution channel, regional distribution, and company.

Based on type, the global plant-based milk market is mainly segmented into almond milk, soy milk, coconut milk, oat milk, rice milk, and others. According to projections, in 2022, the market for plant-based milk would be dominated by the almond milk category with market share of 29.99%.

Based on region, Asia Pacific segment is expected to grow during the forecast period. The significant market share of this region is primarily attributable to greater health consciousness, faster adoption of technical improvements in the F&B industry, and a larger demographic base of vegans and vegetarians.

Major companies operating in Global Plant-Based Milk Market are:

Danone S.A.
Hebei Yangyuan Zhihui Beverage Co., Ltd.
Blue Diamond Growers
Coconut Palm Group Co. Ltd.
Oatly Group AB
Califia Farms, LLC
Earth’s Own Food Company Inc.
The Hain Celestial Group, Inc.
SunOpta, Inc.
Ripple Foods PBC
Australian Health and Nutrition Association Ltd

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“The global plant-based milk market has experienced explosive growth driven by changing consumer preferences for healthier, more sustainable, and dairy-free alternatives. A wide variety of options, including almond, soy, oat, and coconut milk, cater to diverse tastes and dietary needs. Major players, such as Danone, Oatly, and Califia Farms, have expanded their product lines to meet surging demand. Key trends include health and wellness focus, sustainability, retail expansion, and competition from traditional dairy brands. Challenges include pricing disparities and regulatory considerations. Despite these challenges, the plant-based milk market shows immense potential for continued growth and innovation.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Plant-Based Milk Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Soy Milk, Coconut Milk, Almond Milk, Oat Milk, Others (Rice Milk, Pea Milk, etc.)), By Category (Flavored Vs Non-Flavored), By Packaging (Cartons, Bottles, Others (Pouches, Cans, etc.)), By Distribution Channel (Convenience/Grocery Stores, Supermarkets, Online, Others (Specialty Stores, Hypermarkets, etc.)), By Region, By Competition, 2018-2028”, has evaluated the future growth potential of global plant-based milk market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global plant-based milk market.

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India Food Pathogen Testing Market – Global Industry Size, Share, Trends

According to TechSci Research report, “India Food Pathogen Testing Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the India Food Pathogen Testing Market stood at USD 141.47 Million in 2023 and is anticipated to grow with a CAGR of 7.89% in the forecast period, 2025-2029. The India Food Pathogen Testing Market is primarily driven by several factors. There has been a significant increase in the foodborne illnesses in the country, which has prompted stricter food safety regulations. The rising consumer awareness about food safety, especially with the growth of organized retail and food service sectors, is fuelling the demand for pathogen testing. Technological advancements in testing procedures, and the availability of rapid pathogen detection methods, are contributing to the market’s growth.

The Indian food pathogen testing market has witnessed remarkable growth in recent years, propelled by heightened awareness of food safety and the implementation of stringent government regulations. This thriving market reflects India’s increasing emphasis on combating foodborne diseases and ensuring the wholesomeness of food products.

Pathogen testing plays a pivotal role in the food safety ecosystem, involving the identification and quantification of harmful microbes in food items. In India, common pathogens targeted in these tests include salmonella, e. Coli, listeria, and campylobacter, among others. The presence of these pathogens can lead to severe health complications, underscoring the priority of their identification and elimination in the food industry.

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India’s diverse culinary landscape, characterized by an extensive range of raw ingredients and complex cooking methods, presents numerous avenues for potential contamination. Consequently, the demand for comprehensive and efficient pathogen testing methods has surged. In response, a variety of testing technologies are employed, including traditional culture-based methods, immunoassay-based methods, and molecular diagnostic techniques. Each method possesses its own strengths and limitations, with the choice dependent on the specific requirements of the testing scenario.

The Indian government’s increasing adoption of stringent food safety regulations has also played a significant role in bolstering the food pathogen testing market. Regulatory bodies such as the food safety and standards authority of India (FSSAI) have implemented rigorous testing and certification requirements for food manufacturers, thereby driving the demand for reliable and accurate pathogen testing solutions.

Furthermore, the rising consumer awareness regarding food safety among Indian consumers has fueled market growth. With improved access to information through the internet and media, consumers are becoming increasingly informed about the risks associated with foodborne pathogens and the importance of consuming properly tested and certified food products. This evolving consumer behavior has heightened the pressure on food businesses to ensure the safety of their products, further propelling the demand for food pathogen testing.

India's Food Pathogen Testing Market: INR 12,000 Crores by 2032

The future of the Indian food pathogen testing market appears promising, with several growth opportunities on the horizon. Technological advancements in pathogen testing methods, such as the advent of rapid detection techniques and next-generation sequencing, offer new avenues for market expansion. Additionally, the expected increase in regulatory oversight, coupled with the growing consumer awareness, is likely to sustain the upward trajectory of the market. However, challenges such as the high cost of advanced testing methods and a lack of infrastructure in some regions may slightly hinder market growth. The Indian food pathogen testing market is experiencing steady growth, driven by a combination of regulatory enforcement, consumer awareness, and technological advancements. As the country continues to prioritize food safety, the importance of pathogen testing in the Indian food industry is poised to grow even further. While challenges exist, the market presents numerous opportunities for expansion, making it a sector to closely monitor in the years to come.

The India Food Pathogen Testing Market is segmented into type, food type, technology, regional distribution, and company.Based on technology, Rapid Technology, with its exceptional efficiency and precision, is poised to dominate the industry in detecting harmful pathogens in food samples. By leveraging its advanced capabilities, Rapid Technology offers a time-efficient and reliable solution for ensuring the highest standards of food safety. Unlike traditional technology, which may lack the same level of accuracy or speed, Rapid Technology has emerged as the preferred choice for industry professionals. Its cutting-edge features and robust performance make it a game-changer, raising the bar for food safety standards and fostering consumer trust in the Indian food industry.

With its innovative approach, Rapid Technology not only detects harmful pathogens but also provides valuable insights into the source and potential risks associated with them. This additional level of detail enables food industry professionals to take proactive measures and implement targeted interventions, further enhancing food safety practices. Furthermore, Rapid Technology’s user-friendly interface and seamless integration with existing systems simplify the process of pathogen testing, saving valuable time and resources. Its adaptability allows for efficient scalability, making it suitable for various food processing facilities, from small-scale operations to large-scale production plants. Rapid Technology’s exceptional efficiency, precision, and advanced capabilities make it the go-to solution for industry professionals seeking the highest standards of quality and reliability in food pathogen testing. By setting new benchmarks in food safety standards, Rapid Technology is revolutionizing the Indian food industry and instilling confidence among consumers.

Based on region, The North region of India is currently dominating the food pathogen testing market with its robust growth. This is primarily attributed to the increased awareness about food safety among consumers, a high incidence of foodborne diseases, and the implementation of stringent food safety regulations by the authorities. The region boasts a multitude of food industries that rely on pathogen testing to ensure the safety and quality of their products. Furthermore, the North region of India is known for its diverse culinary traditions, with a wide range of dishes and delicacies. This rich food culture has led to an increased emphasis on food safety and the need for rigorous testing to maintain the highest standards. The region’s culinary heritage and the demand for safe and hygienic food have contributed to the rise of the food pathogen testing market.

In addition to the local food industries, the presence of several global food pathogen testing service providers in the North region further facilitates the market’s growth and strengthens its position as a key player in the industry. These international companies bring their expertise and advanced testing technologies to the region, enhancing the overall capabilities and quality of food pathogen testing. Moreover, the North region of India continues to witness significant advancements in food safety practices, with continuous research and development efforts to improve testing methods and ensure the highest level of consumer protection. This dynamic environment of innovation and collaboration makes the region a pivotal hub for food pathogen testing, attracting both local and international stakeholders. Overall, the North region of India’s dominance in the food pathogen testing market is a result of a combination of factors, including consumer awareness, regulatory measures, diverse food culture, and the presence of global service providers. This region’s commitment to food safety and quality positions it as a leader in the industry, driving the overall growth and development of the market.

Major companies operating in India Food Pathogen Testing Market are:

SGS India Private Limited
Eurofins Analytical Services India Private Limited
TUV India Private Limited
Intertek India Private Limited
Bureau Veritas Consumer Products Services Private Limited
Thermofisher Scientific India Private Limited
BioMérieux India Private Limited
HiMedia Laboratories
ALS India
Qiagen India Private Limited

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“The growing consumer awareness has significantly contributed to the market’s growth. Consumers are increasingly conscious about the quality of the food they consume. In response to this awareness, market leaders are ensuring that their food products undergo thorough quality checks before being distributed and consumed. This diligent processing by prominent manufacturers directly fuels the expansion of the India food pathogen testing market. The market has been experiencing rapid growth and is expected to continue its upward trajectory in the future.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“India Food Pathogen Testing Market Size By Type (Salmonella, E. coli, Listeria & Others), By Food Type (Meat & Poultry, Fruits & Vegetables, Dairy Products, Processed Food, And Others), By Technology (Rapid Technology, Traditional Technology), By Region, Competition, Forecast & Opportunities, 2018-2018F”, has evaluated the future growth potential of India Food Pathogen Testing Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Food Pathogen Testing Market.

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Cloud Kitchen Market share, Size |Industry Growth 2029

According to TechSci Research report, “Cloud Kitchen Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” Global cloud kitchen market is forecast to grow at impressive rate until 2028. In a cloud kitchen, food is only prepared in a commercial kitchen for delivery or takeaway; there are no dine-in guests. With the help of cloud kitchens, restaurateurs can quickly grow an already-existing business or launch a digital brand. This allows restaurateurs to expand, investigate new markets, or novel test concepts. Many restaurants use cloud kitchens as an experimental setting where new concepts can be tested while staff and inventory are cloud kitchens were well-liked even before the epidemic. Cloud kitchens are more lucrative now and can be operated in a space only a quarter the size of a typical restaurant. Restaurants can serve directly to clients’ homes while using a fraction of the area needed by conventional restaurants by using what are also known as “ghost kitchens.” This streamlines culinary procedures in ways that a restaurant can’t, allowing them to use resources more efficiently.

Before Covid-19, there had been a definite division between brands focused on delivery, which encouraged dine-in. The situation won’t be this way in the future, though. The cloud kitchen market is driven by lower cost expenditure in real estate, better expansion opportunities, and low overhead costs. Moreover, the cloud kitchen market has grown significantly due to technological improvements. The various ways to order food, including online and mobile apps, have reduced direct human interaction, lowering the risk of human error and improving customer service. Additionally, future applications of new, advanced technology, such as driverless vehicles and drones, speed up the meal delivery procedure.

The demand for fast food has increased due to consumer lifestyle changes and altered eating patterns. The number of cloud kitchens has increased due to the quick changes in underlying factors, including disposable income, consumer tastes, the population of working women, and digitization. This, in turn, fuels the market for cloud kitchens to expand.

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The Cloud Kitchen Market is segmented based on the type, product type, source of order, payment method, and region. The type is segmented into independent cloud kitchens, commissary/shared cloud kitchens, and kitchen pods. Based on product type, the market is segmented into food Vs. Beverage. Further, the source of order is fragmented into web Vs. Mobile app. And the payment method is divided into cash on delivery, UPI, card transaction, and Others.

In terms of type, independent cloud kitchen dominated the industry because they are only operated by a single brand from a single kitchen and does not have a dine-in. Even though they have dominated the market, kitchen pods are growing, as they are moveable and do not require much space.

Key market players in the Cloud Kitchen market include:

Pop Meals (Dahmakan)
Doordash, Inc.
Ghost Kitchen Orlando
Kitchen United
Goodbaby International Holdings Ltd.
Kitopi Catering Services LLC
Rebel Foods Private Limited
Starbucks Corporation
SWIGGY
Zomato Limited

Rebel Foods purchased a majority share in the premier chocolate company Smoor. This is consistent with the business’s most recent declaration that it will invest USD150 million over the years as part of its focus on funding and acquiring profitable brands to provide new food categories from its cloud kitchens.

In 2021, three cloud kitchens and the main production facility were launched by Kitopi in Bahrain. Kitopi has now opened cloud kitchens in Adliya, Seef Mall, Muharraq, and Hamad Town, and a central kitchen production facility in Bu Quwah after launching its operations.

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“The most significant part about cloud kitchens is that they don’t require substantial initial expenses. One can start small and scale. Expanding to new locations and menu options becomes simpler after one establishes a brand and has devoted customers.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Cloud Kitchen Market Size, By Type (Independent Cloud Kitchen, Commissary/Shared Kitchen, Kitchen Pods), By Product Type (Food Vs Beverage), By Source of Order (Web Vs Mobile App) By Payment Method (Cash on Delivery, UPI, Card Transaction, Others (Mobile Wallets, Internet Banking, etc.) By Region, Competition”, has evaluated the future growth potential of Cloud Kitchens and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in Cloud Kitchens globally.

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