India Air-Conditioner Market is projected Size, Share, Growth, Key players | Forecast (2023-2028) | Renub Research

According to Renub Research’s latest report “India Air Conditioner Market, Size, forecast 2023-2028, Industry Trends, Share, Growth, Company Analysis” India Air-Conditioner Market is projected to reach US$ 399.88 Billion by 2028. An electrical appliance that eliminates heat and moisture from an indoor space is an air conditioning system. This process typically creates a more comfortable environment for people and animals.

Additionally, air conditioning systems help cool and remove humidity from areas with heat-generating electronic equipment, such as computer servers and power amplifiers, and in spaces with sensitive objects like artwork. India is one of the fastest-growing economies in the world, and with the rise in disposable incomes, more and more people are able to afford air conditioners. India the world’s largest population is expected to surge the demand for air conditioners, particularly in with hot and humid climates, leading to significant growth in the air conditioner market in the coming years.

In addition, the Indian air conditioner industry is witnessing a growing trend towards smart air conditioners. Smart air conditioners can be controlled using a smartphone app, and some models also come with features such as voice control and remote temperature monitoring

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India’s Air Conditioner Market was US$ 255.31 Billion in 2022

With the rapid urbanization of India, many people are moving to cities that tend to have hotter climates due to the urban heat island effect. As a result, the demand for air conditioners has increased in urban areas. In addition, the government’s focus on infrastructure development has led to more air-conditioned buildings, such as malls, hotels, and office spaces, increasing the demand for air-conditioning systems.

Air conditioning can help improve indoor air quality by filtering out pollutants and allergens, which is especially beneficial in India, where air pollution is a significant problem. In addition to traditional air conditioning systems, there is a growing demand for intelligent air conditioning systems that is controllable through smartphones or other devices. This trend shall continue in the coming years as more customers become aware of the advantages of intelligent air conditioning systems, such as energy efficiency and cost savings.

Room Air Conditioners are dominating the Market as they are Affordable and Easy to Install

Room air conditioners in India are affordable, easy to install, and portable, which makes them a popular choice. They do not require significant modifications to buildings, making them suitable for homes and apartments not designed for central air conditioning. Additionally, they need less power than central air conditioning, making them more suitable for regions with an unstable power supply. Room air conditioners are better suited to provide localized cooling in India’s hot and humid climate, where temperatures can go up above 40 degrees Celsius. They are widely available, with various options, making them convenient for consumers.

Split Air Conditioner has Supremacy in the Market

Split air conditioners are popular among Indian consumers due to their energy efficiency, modern design, and better air distribution system. They can be installed in different room parts, allowing for customized temperature settings and better control over cooling. Split air conditioners are also highly reliable and require minimal maintenance. With increased competition and demand, they have become more affordable, making them accessible to a broader range of consumers in India.

2-Ton ACs growing demand can be attributed to Energy Efficiency

The growing demand for air conditioners with higher cooling capacity is due to the increasing size of homes and commercial spaces. 2-ton ACs find their usage for their ability to cool larger areas effectively. The rise in disposable income among middle-class households in India has increased demand for advanced air conditioning systems, with 2-ton ACs recognized as premium products with better performance. Energy efficiency is also a factor in the growth of 2-ton ACs, with technological advancements producing more efficient models. In addition, financing options and payment plans have made purchasing 2-ton ACs more accessible, despite their relatively higher cost than smaller units.

Progress in eco-friendly methods adds to the growth in the need of ACs in Commercial & Retail Appliances

Given the fierce market competition, businesses are investing in air conditioning systems to create a comfortable environment for employees and customers, which can increase productivity and sales. Additionally, advancements in energy-efficient and eco-friendly techniques have made it easier for businesses to justify the cost of installation and operation.

Furthermore, the changing lifestyle and the need for public spaces to provide a comfortable environment have further contributed to the growth of air conditioning systems in commercial and retail applications. Moreover, customers are more likely to patronize businesses that offer a comfortable environment. Finally, government regulations mandating comfortable working environments have led to an increase in air conditioning system adoption.

Small and medium-sized retailers in India dominate the air conditioner market due to their easy accessibility in local areas

The abundance of small and medium-sized retailers in India has made air conditioners available in local areas. These retailers can provide a personalized shopping experience and are often more attuned to the local market and customer preferences. With lower overhead costs, they can offer competitive pricing, which appeals to cost-conscious consumers. Moreover, many small retailers offer financing options or instalment plans to facilitate air conditioner purchases. Due to their strong relationships with local distributors and manufacturers, small retailers can offer a broader range of products and better after-sales service.

North India dominated the market in 2022

The supremacy of the North Indian region in the air conditioner market in India is due to the exceedingly tropical weather conditions in states such as Delhi, Haryana, and Uttar Pradesh and cold weather conditions in the mountainous states such as Uttarakhand, Himachal Pradesh, and Jammu & Kashmir.

Therefore, different regions require demand various types of air conditioning. In addition, due to the rising disposable income in the area, the standard of living of the middle-class population is improving. Because of this, the spending on consumer goods like Air conditioners is also increasing.  

Competitive Landscape:

Prominent companies competing currently in the India Air Conditioner Market are Voltas Limited, Blue Star Limited, Havells India, Whirlpool India Ltd., Godrej & Boyce Manufacturing Company Ltd., MIRC Electronics Ltd., and Johnson Controls- Hitachi Air Conditioning India Ltd.

Market Summary:

  • Type – The Report covers India Air Conditioner Market, by type in 4 viewpoints (Room Air ConditionerDucted Air Conditioner, Ductless Air Conditioner, and Centralized Air Conditioner).
  • Product types – By product types, the India Air ConditionerMarket, breakup in 3 viewpoints (Split AC, Window AC, and Other AC).
  • Size -The Report covers India Air Conditioner Market, by size in 4 viewpoints (1 Ton, 1.5 Ton, 2 Ton, and Others).
  • Applications – By application, the India Air Conditioner Market, breakup in 6 viewpoints (Residential, Commercial & Retail, Hospitality, Transportation & Infrastructure, Healthcare, Others).
  • Sales Channel – Renub Research report covers by sales channel in 3 viewpoints (Small Retailers, Modern Retail/MBO, and Others).
  • Region – The India Air Conditioner Market by region breakup in 4 viewpoints (North, South, West, and East).
  • Key Players – All the major players have been covered from 3 Viewpoints (Overview, Recent Developments, and Revenue) Voltas Limited, Blue Star Limited, Havells India, Whirlpool India Ltd., Godrej & Boyce Manufacturing Company Ltd., MIRC Electronics Ltd., and Johnson Controls- Hitachi Air Conditioning India Ltd.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 14 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.

Contact Us:

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Global Beef Market, Size, Share, Growth | ( Forecast 2023 – 2028 ) | Renub Research

According to Renub Research latest report, “Global Beef Market, Size, Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis” the Global Beef Market is estimated to reach US$ 421.61 Billion by 2028 Many people worldwide rely on meat as a significant source of nutrition. Meat production has witnessed a tremendous surge in the last five decades, with over a three-fold increase. As a result, there is a growing global demand for meat.

Beef is one of the most popular and widely consumed meats in the world, with a significant portion of the global population consumed as part of their regular diet.The Global Beef Market is driven by rising health consciousness and increased demand for animal-sourced protein, leading to increased use of beef in the food business. As a result, burgers, hotdogs, sausages, fillets and steaks, and stews made with meat are commonly available in cafés and restaurants, offering customers authentic and multi-cuisine dishes.

Beef is also a versatile ingredient used in many cuisines and dishes, from burgers and steaks to stews and soups. Its unique flavor and texture make it a popular choice for many consumers.The rising demand for beef in the food industry can be attributed to several factors, including population growth, urbanization, and changing dietary preferences. As more people around the world are able to afford meat, particularly in developing countries, the demand for beef has increased. The global beef industry is a significant contributor to the global food system and the economy. According to the Food and Agriculture Organization of the United Nations, beef production accounts for about 40% of the world’s meat production, with the top beef-producing countries including the United States, Brazil, and China.

Global Beef Market was Us$ 332.29 Billion in 2022

Despite companies implementing more sustainable practices to reduce their carbon footprint, beef production costs are rising due to increasing prices of feed, fuel, and personnel. This, in turn, is causing consumer prices for beef to rise and leading some to seek cheaper protein sources. Additionally, beef production consumes a significant amount of water, putting a strain on water resources, especially in water-stressed areas.

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In response to these challenges, the beef industry has seen recent product developments such as the launch of Impossible Foods’ Impossible Burger 2.0, a meat-free burger that replicates the taste, texture, and cooking experience of beef using plant-based ingredients. Tyson Foods has also entered the plant-based market with its Raised & Rooted brand, which includes a blended beef and pea protein burger that offers a more sustainable and ethical alternative to traditional beef burgers while meeting consumer preferences for meat-like products.

United States Beef Consumption is Increasing due to being more Consumer Friendly

The United States beef industry plays a significant role in the country’s economy, providing employment and generating billions of dollars in revenue. With cattle raised in all 50 states, the industry is highly diversified and includes cow-calf operations, feedlots, and meatpacking plants, as well as supporting industries such as feed suppliers, transportation, and marketing.

Despite declining beef consumption due to health and environmental concerns and the rise of alternative protein sources, beef remains a popular protein source in the American diet, with burgers, steaks, and other beef-based dishes remaining staples in many households and restaurants.

Online delivery of beef products is gaining popularity in the United States, thanks to the growth of e-commerce and food delivery platforms. Customers can now conveniently order beef products online and have them delivered straight to their doorsteps. The industry has adapted to changing consumer preferences by introducing new products such as grass-fed beef, organic beef, and plant-based alternatives.

United States Production will upsurge in Global Beef Market with Supportive Government Policies and New Technologies

The United States beef production industry is an important part of the country’s agricultural sector, comprising cow-calf operations, feedlots, and meatpacking plants. Cow-calf operations breed and raise calves until they are ready for feedlots, where they are fattened and finished for market. Meatpacking plants process the cattle into various cuts of beef, which are then sold to retailers and restaurants. The industry provides employment to millions of people, including farmers, ranchers, meatpackers, truckers, and retailers.

Although beef consumption has been declining in the United States due to health and environmental concerns, the industry remains a significant global player, with exports to countries like Japan, South Korea, and Mexico. The USA government invested US$ 9.6 Million in January 2023 to diversify the nation’s meat supply, with Todd Family Meats and Gillispie’s County Line Farm LLC receiving grants to process pasture-raised beef and other livestock.

 Global Beef Market, China’s Beef is Expanding due to the Growing middle-Class Income and Urbanization

The rise of China’s middle class and their evolving dietary preferences have resulted in a surge in demand for premium protein, particularly beef. However, the domestic beef production in China has been restrained due to factors like limited land availability, water scarcity, and cattle disease outbreaks. Therefore, China has emerged as one of the largest beef importers globally, with major suppliers such as Brazil, Australia, and Argentina. The Chinese government has also taken steps to relax its beef import regulations recently, such as lifting the 14-year ban on US beef imports in 2017.

In March 2023, China made an agreement to resume imports of Brazilian beef into the country. Brazil is one of the largest beef suppliers to China, with Chinese imports accounting for nearly 9% of its total imports from the country in 2022, totaling US$ 8 Billion.

Brazil Exports are predicted to Grow Faster in the Coming Years

Brazil is a major player in the global beef market, and is one of the world’s largest beef exporters. The country’s vast agricultural lands, favorable climate, and abundant water resources make it an ideal location for raising cattle. Brazil’s beef exports have increased significantly in recent years, driven in part by strong demand from countries such as China, the United States, and Russia. The country has also invested heavily in improving its production processes and ensuring the safety and quality of its beef products. As a result, Brazilian beef has become a sought-after commodity in international markets, and the industry is a vital component of the country’s economy.

Brazil’s strong export infrastructure, including ports, transportation networks, and logistics providers, has made it the world’s leading exporter of beef. Additionally, Brazilian beef producers have diversified their export markets, reduced dependence, and stabilized the industry.


Competitive Landscape:

Prominent companies competing currently in the Global Beef Market are (J.B.S. S.A, Tyson Foods, Pilgrim’s pride corporation, Danish crown group, Vion Food Group, W.H.W.H. Groups, Hormel Foods Corporation, and Muyuan Foods.)


Market Summary:

  • Consumption – Global Beef Market is divided into (United States, Brazil, China, European Union, India, Argentina, Mexico, Russia, Japan, United Kingdom, Canada, and Others).
  • Production – Global Beef Market is segregated into (United States, Brazil, European Union, China, India, Argentina, Australia, Mexico, Canada, Russia, South Africa, and Others).
  • Import – Global Beef Market is differentiated into (China, United States, Japan, Hong Kong, Mexico, South Korea, United Kingdom, European Union, Chile, Egypt, Malaysia, Philippines, and Others).
  • Export – Global Beef Market is segregated into (Brazil, United States, Australia, India, European Union, New Zealand, Argentina, Canada, Uruguay, Paraguay, Mexico, and Others).

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 14 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

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Agricultural Micronutrient Market is estimated to reach US$ 8.20 Billion by 2028, propelled bya rise in deficiency in the soil | Renub Research

According to Renub Research latest report, “Agriculture Micronutrient Market, Size, Global forecast 2023-2028, Industry Trends, Share, Growth, Company Analysis,” Agriculture Micronutrient Market is estimated to grow at a CAGR of 8.10% by 2028. Micronutrients are essential elements necessary for plant growth in small amounts. Although crops require less than one pound of most micronutrients per acre, their deficiency can limit critical plant functions, reduce growth and yield, and cause abnormalities. The increasing concentration of CO2 in the atmosphere is causing a mineral deficiency in the soil, leading to faster depletion of micronutrients. With the changing climate and the constant threat to food security, this issue has gained significant attention in recent years. All nations worldwide are now placing more emphasis on food security and collaborating to achieve it.

Micronutrients, which are required by plants in small quantities, are crucial for preventing crop diseases. However, the deficiency of micronutrients in soils worldwide is caused by various factors, such as temperature, humidity, soil erosion, and soil pH. In particular, high soil pH can reduce the availability of micronutrients in the soil. The growing demand for biofuels and the production of bio-crops like sugarcane are driving the agricultural micronutrient market globally. Bioethanol and biodiesel are considered more sustainable alternatives to existing fuels, leading to an increase in biofuel crop production by farmers. Consequently, farmers are turning to micronutrients to enhance yields.

Several factors are driving the growth of the agricultural micronutrient market, such as the increasing global population, a reduction in arable land, soil and water pollution causing soil deficiency, a rise in demand for biofuels, and a growing need for high-quality food products with better yields. Additionally, the development of newer products and the reduction of agricultural land due to population growth are expected to further benefit the agricultural micronutrient market. However, the market’s growth may be limited by the high cost of these products and a lack of awareness about their proper application and appropriate dosage, especially in underdeveloped countries.

Furthermore, the excessive use of fertilizers is causing a gradual decline in soil productivity. Consequently, agricultural scientists are focusing on enhancing product yields in less cultivation area, which is expected to fuel the growth of the agricultural micronutrient market. To increase their revenue share, agriculture industries are implementing various strategies such as conducting research and development activities to innovate newer products, acquiring and merging with other companies, obtaining product approvals and launches, filing patents, and collaborating with other businesses. For example, Novozymes acquired TJ Technologies Inc. to strengthen its bio-agriculture position, which includes its agricultural micronutrient product portfolio. Additionally, Zero Gravity Solutions, Inc. has received a U.S. patent for BAM-FX, an agricultural micronutrient product that improves fertilizer use efficiency.

Chelated Agents market is expected to grow due to the Increasing Demand for Soil Amendments to address Soil Micronutrient Deficiency

Chelated agents are characterized by large molecules that surround a metal nutrient ion. These molecules, known as chelates or ligands, can be combined with micronutrients to form chelated fertilizers that improve the availability and uptake of these nutrients in the soil. With the growing global population and increasing food demand, farmers are under pressure to cultivate crops with higher yields, which has led to an increased use of chelated fertilizers. Chelated fertilizers are especially useful for plants that require specific micronutrients, such as iron, zinc, or manganese. These micronutrients can be challenging for plants to absorb in their natural state in the soil. However, when chelates or ligands are combined with these micronutrients, it results in a more stable and soluble form that can be more easily absorbed by the plants, leading to better growth and development.

As agriculture continues to evolve globally, the use of hydroponics and fertigation is becoming more widespread, particularly in areas with challenging farming conditions. This trend is expected to increase the demand for chelated agents in the agriculture micronutrient market, as hydroponic systems rely heavily on the use of chelated micronutrients to achieve optimal plant growth and yields. Therefore, the growing popularity of hydroponics is expected to create significant growth opportunities for chelating agents in the agricultural micronutrient market.

Fruits and Vegetables segment is experiencing significant growth in the agriculture micronutrient market, driven by the increasing consumption of healthy foods and diets

With a growing awareness of the health benefits of a diet rich in fruits and vegetables, there has been a surge in demand for high-quality produce with improved yields. To meet this demand, farmers are turning to chelated micronutrient fertilizers to provide their crops with the essential micronutrients needed for optimal growth and development. As a result, the fruits and vegetables segment is expected to continue to register the highest growth in the agricultural micronutrient market.

The global demand for fresh and nutritious fruits and vegetables is increasing due to their nutritional value, including vitamins, minerals, fiber, and antioxidants, which have been shown to protect against chronic diseases such as cancer and heart disease. As a result of increasing health awareness, consumers worldwide are becoming more concerned about food safety and nutritional quality. The agriculture micronutrient market is expected to benefit from this trend, as the demand for high-quality, nutrient-rich produce continues to rise. Additionally, the shrinking availability of arable land and soil micronutrient deficiencies will further drive the demand for agriculture micronutrient products.

For thousands of years, cereal grains have been a crucial part of the human diet and played a significant role in shaping human civilization. Cereal grains directly contribute to more than 50% of the world’s daily caloric intake. As the demand for cereals is expected to double in the coming decade, the use of Agriculture Micronutrient can help meet this growing demand worldwide.

Zinc is projected to Experience substantial growth in the Agricultural Micronutrient Market

Zinc is one of the essential micronutrients that are required for the proper growth and development of plants. It plays a crucial role in the activation of enzymes, the synthesis of proteins, and the regulation of plant growth hormones. Zinc deficiency in crops can lead to reduced yields and lower crop quality. Moreover, zinc deficiency in human diets can lead to serious health problems. Therefore, the use of zinc micronutrient fertilizers has become increasingly important in agriculture to address zinc deficiency in soils and ensure adequate crop yields and human nutrition.

The demand for zinc in the Agricultural Micronutrient Market is expected to grow rapidly in the coming years. This can be attributed to several factors, including increasing awareness about the health benefits of zinc consumption, the decline in the water table level, and the adoption of new farming technologies that require higher zinc input. Zinc deficiency is a common problem in many parts of the world, leading to stunted growth in children and other health concerns.

As a result, there is a growing demand for zinc-fortified food products and supplements. Additionally, the use of zinc in agriculture is essential for plant growth and development, as it plays a crucial role in several physiological processes, including photosynthesis, enzyme activation, and protein synthesis. With the increasing demand for higher crop yields and quality, the use of zinc as a micronutrient in agriculture is expected to grow significantly in the coming years.

By Application: Soil will have the Largest Market Share

The preferred method of applying agricultural micronutrients is through soil, as it is cost-effective and easy to implement. In underdeveloped countries with limited resources and low adoption of farming technologies, soil application is particularly popular. Direct contact with plant roots makes soil application highly effective, resulting in increased productivity and yield, thereby supporting the growth of the agriculture micronutrient market.

Additionally, seed treatment with micronutrients can improve the establishment of stands, promote phenological events, and enhance both yield and micronutrient content in the grains. This approach is more economical, as fewer micronutrients are required, and the application is straightforward, leading to improved seedling growth.

Asia-Pacific region is expected to have the highest Compound Annual Growth Rate (CAGR) in the Agriculture Micronutrient Market

The high consumption of primary nutrients and the rising incidence of micronutrient deficiency in the soil in Asia-Pacific is driving the growth of the Agriculture Micronutrient Market in the region. In addition, the growing population and the rapidly increasing demand for nutrient-rich food are expected to further boost the utilization of micronutrient fertilizers in the region. Moreover, the traditional farming methods still used in the region also support the need for micronutrients.

North America is a major producer of several crops however a recent report by the American Farmland Trust indicates that 11 million acres of farmland have been lost. This decline in arable land in the United States and Mexico is expected to increase the demand for specialized products such as micronutrient fertilizer blends. Additionally, the rising awareness and production of high-quality crops are expected to drive the growth of the agriculture micronutrient market in the North American region.

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Competitive Landscape Analysis:

Prominent companies competing currently in the Global Agriculture Micronutrient Market are BASF SE, Nutrien Ltd, Coromandel International Ltd, Nufarm, The Mosaic Company, Compass Minerals International, Zuari Agro Chemicals Ltd, Balchem.

Market Summary: – 

  • Form – Agriculture Micronutrient Market is broken into two points (Chelated and Non- Chelated)
  • Crop Type – Agriculture Micronutrient Market is segregated into four points (Cereals, Pulses & Oilseeds, Fruits & Vegetable, and Others)
  • Nutrients – Agriculture Micronutrient Market is differentiated into four points (Iron, Zinc, Magnesium, and Others).
  • Application – Agriculture Micronutrient Market is divided into five parts (Soil Application, Foliar, Fertigation, Seed Treatment, and Others)
  • Region – Agriculture Micronutrient Market is split into four parts (North America, Europe, Asia-Pacific, South America, and Rest of World)

About the Company:

Renub Research is a Market Research and Information Analysis company with more than 14 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

Contact Us:

Renub Research         

Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)

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Web: www.renub.com

Germany Diabetes Market Projected to Experience a CAGR of 5.92% from 2022 to 2028: Market Analysis and Outlook

According to Renub Research’s latest report, “Germany Diabetes Market, Size, Forecast 2023-2028, by SMBG Device, Continuous Glucose Monitoring (CGM), Insulin Pen, Insulin Pump, and Company Analysis” the Germany Diabetes Market to grow with a CAGR of 5.92% from 2022 to 2028. In Germany, around seven million people live with diabetes. Diabetes is a severe disease that represents a significant public health challenge in Germany and globally. Moreover, the growing difficulties, aging population, family history, unhealthy meals, physical inactivity, and environmental factors will significantly contribute to Germany’s Diabetes Market.

Germany provides better quality treatment for diabetic complications. German doctors have succeeded in treating both type 1 and type 2 diabetes; therefore, people from all over the world come to this European country to receive the best medical care. Germany had the second highest of deaths related to diabetes, with around 151.5 thousand in 2021.

Due to an Unhealthy lifestyle, the Prevalence of Type-2 diabetes is to Increase

The increasing popularity of type 2 diabetes in the German adult population is very high and growing yearly, along with an increased number of patients not yet diagnosed with the disease. Due to an aging population, smoking, obesity, and lack of physical activity, the prevalence of type 2 diabetes is rapidly increasing. High-quality care, including adequate monitoring, control of risk factors, and active self-management, is critical for averting complications in German patients with type 2 diabetes. In addition, Incidence rates of T1D are also rising, contributing to the growth in diabetes prevalence.

A range of validated, Germany-specific advice to mark sub-optimal T2D therapy adherence and persistence are put forth for action by government stakeholders, payers, and healthcare administrators, among other organizations, and focus on three broad phases of a patient journey toward optimal adherence and persistence especially designed to improve T2D therapy adherence and industry in the German population, decreasing high and avoidable economic and societal costs and improving the quality of life for people with the condition. However, the concerned individuals behave inadequately with the hormone insulin, which conducts in elevated blood glucose levels. This can cause strokes, heart attacks, retinal damage, kidney damage, and neuropathy.

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Increasing Diabetic Patients will create more demand for Insulin Pen in Germany

Germany is an advanced country in terms of healthcare facilities. Technologies, such as Insulin Pens, continuous glucose monitoring, and insulin infusion pumps, are getting more rapidly adopted in Germany than the other developing countries. Moreover, reimbursement and pricing policies are strictly regulated, which drives the market and increases the acquiring rate of new and cutting-edge technologies. The launch of products increasing international research collaborations in technology advancement, and increasing awareness about diabetes among people are some market opportunities for the players in the German diabetes care device market.

Moreover due to the increasing demand for insulin cartridges, most insulin pen device manufacturers have produced reusable insulin pens compatible with various insulin manufacturers’ cartridges. These insulin cartridges are more socially friendly, more minor, less noticeable than the classic vial-and-syringe, and more portable for consumers to use. Therefore, using cartridges is the most low-cost way to utilize insulin, as reusable pens are a one-time investment.

In July 2021, “ESYSTA App & Portal – Digital Diabetes Management” (Emperra GmbH E-Health Technologies, Germany) was inaugurated in Germany. The app is expanded for patients with diabetes treated with insulin. By automatically importing data from blood glucose meters and insulin pens into a diary, ESYSTA allows the monitoring of blood glucose levels and therapy.

Government Initiatives

Germany is one of the few countries in Europe with a dedicated insurance system for long-term care. Although long-term care insurance has structurally been closely linked to social health insurance and health authorities, health and social services delivery have remained fragmented and less coordinated than expected. The discourse on integrated care has focused primarily on coordination within the health system, such as in managed care and disease management Digital healthcare act passed by the German government allows doctors to prescribe apps. German law planned to cap out-of-pocket healthcare costs and to cover all medically necessary treatment, including insulin drugs, for the public. As a result, German diabetes patients have some of the lowest out-of-pocket expenses in the world.

The German Centre for Diabetes Research (DZD) is a national association that lead together specialist active of diabetes research and cooperate basic research, translational research, epidemiology, and medical applications which focus on all aspects of translational research is strengthened by a dedicated training program for early-career scientists and clinicians in the diabetes field, which the DZD organizes.

Competitive Landscape:

German Diabetes companies include B. Braun Melsungen AG, Eli Lilly and Company, Terumo Corporation, Becton, Dickinson (BD), Novo Nordisk, Ypsomed AG, Medtronic, Insulet Corporation, Abbott Laboratories, DarioHealth Crop, Dexcom, Inc, Roche Diagnostic, Tandem Diabetes Care.

In April 2022, CamDiab, Abbott, and Ypsomed partnered to grow and integrated automated insulin delivery (AID) system, which helps to decrease the burden of people with diabetes. The main focus of this partnership will be on European countries.

Market Summary:- 

  • By Devices: – The Report covers the Germany Diabetes Market by devices from 4 viewpoints.CGM (Glucose Sensor Market & Forecast, CGM Transmitter Market & Forecast, CGM User, and CGM Reimbursement), SMBG (Test Strips Market and Forecast, Lancet Market and Forecast, Meter Market and Forecast, Blood Glucose (SMBG) Users and Blood Glucose Devices Reimbursement), Insulin Pen(Disposable Insulin Pen, Reusable Insulin Pen, Smart Insulin Pen, Insulin Pen Needle Market, Insulin Pen Users and Reimbursement Policies), and Insulin Pump (Insulin Pump Market, Insulin Pump User, Insulin Pump Products, and Reimbursement Policies)respectively.
  • The company report covers the Germany Diabetes Market from Three viewpoints.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 14 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.

Contact Us:

Renub Research

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France Furniture Market, Size, Share, Key Players | Forecast (2023 – 2028) | Renub Research

Renub Research has recently released a report titled “France Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030,” providing a detailed industry analysis that includes market share insights. The report also includes competitor and regional research and contemporary advancements in the market. France Furniture market was US$ 16.27 Billion by 2022. France is a significant player in the furniture industry, ranking third in production in Europe and seventh globally. It is regarded as a leader in the international furniture market and is taking on a crucial role in the European furniture industry’s recovery after the COVID-19 pandemic.

For centuries, France has been recognized for its rich history in furniture-making, boasting a tradition that has endured the test of time. France Furniture Market is highly esteemed for its exquisite beauty, elegance, and superior craftsmanship, making it a prized possession among collectors and enthusiasts worldwide. In present times, French furniture makers are preserving this legacy by integrating traditional methods with modern technologies and materials, resulting in innovative and practical designs that cater to the demands of modern consumers. They are also incorporating eco-friendly materials and sustainable practices to produce furniture that is both visually appealing and environmentally conscious.

France Furniture Market shall expand at a CAGR of 4.12% from 2022 to 2028

French furniture design is experiencing a surge in the utilization of recycled materials. Designers are incorporating reclaimed wood, metal, and other sustainable materials to create distinctive and eco-conscious furniture pieces that are visually appealing and environmentally sustainable. Additionally, the France furniture market is experiencing a growing focus on producing multifunctional furniture that can be used in various settings and scenarios. Due to space constraints in many French homes, furniture that can serve several purposes, such as a convertible sofa or a foldable table that can be stored away when not in use is becoming more popular.

France Furniture Market, being one of the largest global furniture exporters, remains highly competitive. French furniture manufacturers can expand their exports to new markets by leveraging their reputation for quality and design. The French government has implemented policies, including tax incentives, R&D investments, and export support, that foster a favorable business environment for furniture makers. French furniture makers are adopting sustainable practices and materials to meet the increasing demand for eco-friendly and sustainable products, creating new growth opportunities. Additionally, the industry is embracing digitalization through e-commerce and online marketplaces to reach a broader audience and increase sales.

French Furniture Industry uses Online Marketplaces to broaden its Audience and Increase Sales due to the growth of Online Shopping and Digitalization

The Online platform where French furniture manufacturers, distributors, and retailers sell their products to customers via the internet is called the online France Furniture Market. To reach a broader audience and increase sales, the French furniture industry has embraced e-commerce and online marketplaces due to the growing trend of online shopping and digitalization.

Customers can conveniently browse a wide selection of furniture products, compare prices, and place orders from the comfort of their homes. The online France Furniture Market offers a hassle-free shopping experience, with many retailers providing home delivery services. Moreover, the online platform enables French furniture makers to expand beyond local markets, connect with customers worldwide, and promote their products globally.

Dominant Position of Living Room Furniture is attributed to the Strong Demand for Stylish Furniture in France Furniture Market

The France living room furniture market comprises the production, distribution, and sale of furniture specifically designed for living rooms in France, including sofas, armchairs, coffee tables, TV cabinets, and bookshelves. The demand for stylish and functional living room furniture is driven by changing lifestyles, interior design trends, and increasing consumer disposable income. The France Furniture market is competitive, with both domestic and international players. Sustainability and eco-friendliness are becoming more important to consumers, and the industry is responding. The availability of e-commerce and online marketplaces has made it easier for consumers to access a wider variety of living room furniture products.

Predominant material used in France Furniture Industry is Wood

The French wood furniture industry designs, produces, distributes, and sells high-quality wooden furniture. It faces competition from both domestic and international players and has recently shifted towards sustainable materials in response to growing consumer demand. The France Furniture Market is also utilizing digitalization and e-commerce to enhance sales and reach a wider audience.

Wood is a significant source of renewable energy in France, and it is also in high demand for the manufacturing of furniture, particularly traditional furniture. In recent years, the use of wood in homes has increased as people have begun using it for various purposes, including furnishing cupboards, decorating, and more.

Rising demand for Commercial Furniture is driven by an Increasing need for such Furniture

Increasing construction of residential, commercial, and office spaces has led to a growing demand for commercial furniture in France Furniture Market. Office spaces have prompted the introduction of intelligently designed furniture products, while online furniture stores have improved purchase processes. Customized and themed furniture are in high demand in the hospitality industry, creating opportunities for new players. Hospital furniture, including ward furniture, hospital beds, and operating tables, plays a crucial role in patient care. Furniture used in waiting rooms & lobbies, bariatric furniture, and medical office furniture are also crucial in hospitals.

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Key Players

Some major companies competing in the France Furniture Market are Roche Bobois, IKEA, Maisons du Monde, MillerKnoll Inc., and La-Z-Boy.

Market Summary

  • Ordering Method–France Furniture Market breakup from 2 Viewpoints:(Online Furniture Market and Offline Furniture Market)
  • Segments – France Furniture Market breakup from 7 Viewpoints: (Bedroom Furniture, Home Décor, Home Office Furniture, Kitchen and Dining Furniture, Lamps, and lighting, , Living Room Furniture and Outdoor Furniture)
  • Material – France Furniture Market breakup from 4 Viewpoints: (Plastic, Wood, Metal and Others)
  • Type – France Furniture Market breakup from 2 Viewpoints: (Residential and Commercial)
  • Company have been covered from 3 Viewpoints: (Overview, Recent Development and Revenue)
  • Company Analysis: (Roche Bobois, IKEA, Maisons du Monde, MillerKnoll Inc., and La-Z-Boy)

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 14 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

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Europe Ultrasound Device Market from 2023 to 2028, Size, Share, Growth | Renub Research

According to Renub Research’s latest report, “Europe Ultrasound Device Market, Size, Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis,” Europe Ultrasound Device Market was US$ 2.29 Billion in 2022. Ultrasound, also referred to as a sonogram, employs sound waves to generate an image of internal body structures, including organs and tissues. Ultrasound is a non-invasive imaging technique, which means it does not require any cuts or injections, which makes it a safe and painless procedure that does not carry the risk of infection or other complications associated with invasive procedures. In addition, unlike X-rays and CT scans, ultrasound does not use ionizing radiation; this makes it a safer option for patients needing repeated imaging studies.

Ultrasound can image many different body organs and tissues, such as the heart, liver, kidneys, and uterus. It is also frequently used to guide needle biopsies or other medical procedures. In addition, many ultrasound devices are portable and easily transported to a patient’s bedside or other locations. This makes it a convenient option for medical professionals who need to perform imaging studies in various settings. In addition, ultrasound is generally less expensive than other imaging techniques, like CT scans or MRIs, making it a more cost-effective option for patients and healthcare providers.

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Factors Driving Ultrasound Devices Industry

  • The aging population in France has caused a surge in demand for monitoring and diagnostic services for chronic diseases. This increase in usage is due to ultrasound devices becoming valuable tools for diagnosing and monitoring these conditions.
  • In addition, the growth is due to the availability of universal coverage for ultrasound services in the French healthcare system. As a result, ultrasound has become the preferred diagnostic option, particularly in prenatal care.
  • Furthermore, the French government has invested in developing medical imaging technology, including ultrasound devices, in improving the quality and accessibility of healthcare services. As a result, medical facilities across France have adopted more advanced and up-to-date ultrasound equipment.

Europe Ultrasound Devices Market shall grow in the future at a CAGR of 5.06% from 2022-2028

Europe’s growing aging population is driving demand for medical imaging services. The ultrasound finds its usage in diagnosing and monitoring age-related conditions such as cardiovascular disease, arthritis, and cancer. For instance, in the United Nations Population Fund’s World Population Statistics 2022, Italy has approximately 24.1% of the population aged 65 and above. Thus, the increasing aging population is prone to chronic diseases. As a result, the demand for ultrasound devices is rising.

Chronic diseases like diabetes, obesity, and hypertension are rising in Europe, increasing the need for medical imaging services. The GLOBOCAN report of 2020 revealed that Germany had 628,519 new cancer cases diagnosed. Breast and colorectal cancer were commonly diagnosed in females, whereas males had a higher prostate and lung cancer prevalence. Ultrasound often finds its use in diagnosing and monitoring these conditions, making it a valuable tool for managing chronic diseases.

Furthermore, the development of new ultrasound technologies has improved image quality and increased functionality, allowing the usage of ultrasound for a broader range of applications. For example, 3D and 4D ultrasound imaging have become more widely available, providing more detailed and realistic images of internal organs and structures.

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Providing Quick and Accurate results is the reason Portable Ultrasound Devices are Thriving

Portable ultrasound devices have improved image quality and functionality, making them helpful in diagnosing and monitoring various conditions in medical settings. They are a cost-effective option compared to larger imaging systems and can reduce the need for invasive procedures. They can also be used for point-of-care testing, providing quick and accurate results at the bedside or in other clinical settings. In addition, portable ultrasound devices are essential in remote healthcare, allowing for diagnosis and monitoring without requiring patients to travel to a medical facility.

Dominance of General Imaging is due to its Convenience in Usage

General imaging ultrasound is a versatile and non-invasive modality that can visualize various organs and tissues, including the abdomen, pelvis, and thyroid gland. It can guide interventional procedures and is widely available in Europe, making it a convenient option for healthcare providers. The growing demand for ultrasound services, driven by an aging population and the prevalence of chronic diseases, has also contributed to its dominance in medical imaging.

Demand for 3D and 4D Ultrasound Devices will Grow in the Coming Years

The availability of high-quality 3D and 4D ultrasound imaging, made possible by advances in ultrasound technology, has made it a valuable tool for prenatal diagnosis and monitoring. There is a growing demand for 3D and 4D ultrasound services in Europe, as many expectant parents want to see their babies before birth and are willing to pay for private scans. This type of imaging is widely available in medical facilities throughout Europe, making it convenient for patients to access.

Furthermore, 3D and 4D ultrasound provide more detailed information about fetal development and anatomy, allowing for earlier and more accurate diagnoses of certain conditions, which has increased their value in prenatal diagnosis and management.

Hospitals are dominating the Ultrasound Devices Market in terms of Usage

Hospitals are the primary location for medical imaging services and have the necessary resources to support the use of ultrasound devices. With a larger volume of patients, hospitals require more diagnostic imaging services, including ultrasound. Ultrasound devices are used across various medical fields, making them an essential tool in hospital settings.

Hospitals have a higher budget for medical equipment, allowing them to invest in the latest ultrasound technology, providing improved image quality and functionality for more accurate diagnoses and better patient care. Additionally, hospitals are often the location for medical education and research, where ultrasound devices are used in teaching healthcare providers and investigating new applications and techniques for ultrasound imaging.

Competitive Landscape:

Some key companies operating in the European region are Hologic Inc., Samsung Electronics Co. Ltd., Canon Medical Systems Corporation, Siemens AG, and Koninklijke Philips NV.

Market Summary:

  • Types: The report covers Europe’s Ultrasound Device Market by type in 2 viewpoints (Stationary Ultrasound and Portable Ultrasound).
  • Application: Europe Ultrasound Device Market by Application breaks up into 4 viewpoints (General Imaging, Cardiology, Obstetrics/Gynaecology, and Others).
  • Technology: The report covers Europe Ultrasound Device Market by technology in 5 viewpoints (2D Ultrasound, 3D & 4D Ultrasound, Dopler Ultrasound, High-Intensity Focused Ultrasound, and Others).
  • End-User – The Report Covered Europe Ultrasound Devices Market by End-User breakup into 3 viewpoints (Hospitals, Diagnostic Centres, and Others).
  • Country: Europe Ultrasound Device Market by Country is divided into 7 viewpoints (Germany, France, United Kingdom, Italy, Spain, Poland, and the rest of Europe).
  • Key Players: All the major players have been covered from 3 Viewpoints (Overview, Recent Developments, and Revenue) Hologic Inc., Samsung Electronics Co. Ltd., Canon Medical Systems Corporation, Siemens AG, and Koninklijke Philips NV.

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Renub Research is a Market Research and Consulting Company. We have more than 14 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.

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Europe Cyber Security Market to Grow with a CAGR of 13% from 2022 to 2028 | Renub Research

According to Renub Research’s latest report “Europe Cyber Security Market, Size, forecast 2023-2028, Industry Trends, Share, Growth, Company Analysis” Europe Cyber Security Market is estimated to reach US$ 103.51 Billion by 2028. Cybersecurity measures help to protect against cyber-attacks, such as phishing, malware, and ransomware which helps to keep sensitive information and systems secure, reducing the risk of financial loss and reputational damage. Customers expect businesses to protect their personal information, and a data breach can damage trust and brand reputation. Therefore, implementing strong cybersecurity measures can help maintain customer trust and confidence in an organization.

Growing awareness among the European Union and the governments of the various EU member states, together with SME’s and mid-caps, has contributed to the industry’s growth. The majority of businesses in Europe are SME’s undergoing digital transformation with funding from the EU. The market for cyber security is expanding in tandem with the digitalization of businesses throughout all of Europe.

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European Cyber Security Market was USD 49.72 Billion in 2022

The number and sophistication of cyber threats are increasing, posing a significant risk to European organizations. As a result, more and more organizations realize the need to invest in cybersecurity measures to protect their systems, data, and assets. Furthermore, the increasing frequency and severity of cyber-attacks have raised public awareness of the need for cybersecurity leading to more individuals and businesses taking proactive steps to protect themselves, which has driven greater adoption of cybersecurity measures across Europe.

European Union (EU) and national regulations require firms to take measures to protect personal data and privacy. For illustration, The General Data Protection Regulation (GDPR) directs organizations to implement appropriate technical and organizational evaluations to ensure personal data security, incentivizing companies to invest in cybersecurity measures to avoid potential fines and legal consequences.

In addition, the digital transformation of businesses and society has increased the use of cloud computing, mobile appliances, and the internet of things (IoT). As a result, there is a substantial demand for cybersecurity measures to protect these new technologies, which are often more vulnerable to cyber threats. Furthermore, businesses demonstrating a solid commitment to cybersecurity are more likely to attract and retain customers concerned about data privacy and security. As a result, organizations are investing in cybersecurity measures to differentiate themselves from their competitors.

Demand for PCS is the Highest in the Country due to the Extensive range it Provides

With a well-established presence in Europe, Personal Computer Security (PCS) has actively participated in the cybersecurity industry for many years, earning a reputation for its reliability, performance, and innovative approach. Offering an extensive range of cybersecurity solutions, including antivirus software, firewall protection, and network security, PCS can provide comprehensive cybersecurity solutions that cater to diverse customer needs. Furthermore, by investing heavily in research and development, PCS stays ahead of the curve in a constantly evolving industry.

Moreover, PCS has fostered strong partnerships with other cybersecurity companies, as well as with government organizations and law enforcement agencies, to solidify its position in the market. Additionally, PCS is committed to offering excellent customer service and support, which has helped to cultivate a loyal customer base and establish its reputation as a dependable and trustworthy provider of cybersecurity solutions throughout Europe.

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Growth of IT & Telecom Cybersecurity in Europe can be due to Increased reliance on Technology

Due to digital transformation, IT and telecom industries have become increasingly reliant on technology, like cloud computing and mobile gadgets; this has increased the need for robust cybersecurity measures to safeguard against cyber threats and data breaches. In addition, the European Union (EU) and national regulations, like General Data Protection Regulation (GDPR), encourage companies to invest in cybersecurity to avoid legal and financial consequences.

Public awareness of the need for cybersecurity has also increased due to the growing frequency and severity of cyber-attacks, driving growth in the IT & Telecom cybersecurity market. As a result, companies are investing more in cybersecurity solutions to protect their systems and data, leading to the development of new and innovative technologies. Investing in cybersecurity has become an essential strategy for companies to differentiate themselves and demonstrate their commitment to protecting customers’ data and privacy amidst global competition.

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German Cyber Security Market will thrive in the Coming Years

The rise in cyber threats in Germany has heightened the need for cybersecurity solutions. Cyber incidents such as data breaches, phishing, and malware attacks are becoming more frequent and advanced, leading businesses and individuals to recognize the importance of protecting themselves. The German government has taken measures to enhance cybersecurity, including establishing the National Cyber Defence Centre and enacting the IT Security Act, which requires critical infrastructure companies to adopt adequate cybersecurity measures.

With a strong and vibrant economy, Germany has witnessed growth in its IT industry, leading to an increased demand for cybersecurity solutions. Furthermore, the ongoing digital transformation in various sectors has amplified reliance on technology, thus heightening the necessity for cybersecurity. Consequently, German companies invest in cybersecurity solutions to safeguard their digital assets and customers’ data.

Competitive Landscape:

Companies compete in the European cybersecurity market by developing innovative solutions to address emerging threats, providing high-quality services, building strong partnerships with other companies and government organizations, specializing in specific sectors, and establishing a solid reputation for reliability, performance, and security.

Major players competing in the Europe cyber security market are Broadcom (Symantec Corporation), Cisco Systems, Inc., Check Point Software Technology, IBM, Fortinet, Palo Alto Networks, Inc., Microsoft Corporation, F5 Network, Accenture, and Cognizant Technology.

Market Summary:

  • Segments– The Report covers Europe Cyber Security Market, by segments in 6 viewpoints (IOT devices, PCS, Mobiles/Networks, Connected T.V.s, Wearables, and Connected cars).
  • Components– By components, the Europe Cyber Security Market, breakup in 7 viewpoints (I.T. & Telecom, Retail, BFSI, Healthcare, Defence/Government, Automotive, and Others).
  • Country- The Europe Cyber Security Market by country breakup in 10 viewpoints (Germany, France, the U.K., Italy, Belgium, Netherlands, Poland, Spain, Sweden, and Others).
  • Key Players– All the major players have been covered from 3 Viewpoints (Overview, Recent Developments, and Revenue) Broadcom (Symantec Corporation), Cisco Systems, Inc., Check Point Software Technology, IBM, Fortinet, Palo Alto Networks, Inc., Microsoft Corporation, F5 Network, Accenture, and Cognizant Technology.

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About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 14 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

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Denmark Organic Food Market, Size, Share, Growth | Forecast ( 2023 – 2028) | Renub Research

According to Renub Research latest report, “Denmark Organic Food Market, Size, Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis” the Denmark Organic Food Market is estimated to reach US$ 7.56 Billion by 2028. Denmark has taken a leading role globally in promoting the consumption of organic food. Its innovative organic food and farming policy employs various policy instruments that impact both the supply and demand sides of the organic market.

Denmark is now recognized as the world’s leader in organic food production. Denmark was the world’s first nation to pass its organic law. It occurred in 1987, and Denmark received its national organic label, the red “-label,” in 1990. By doing so, Denmark created the conditions for an organic mentality to flourish into a thriving business sector trusted and well-known for its high traceability, quality, and sustainability standards.

Danish strengths in the organic food and farming sector have come into their own at a time when organic food products are increasingly in demand around the globe. As a result, organic food products now have a larger share of the retail market in Denmark than anywhere else in the world, including sales in online shops. The Danish approach has effectively established organic farming as an integral part of the country’s food and farming industry.

Over three decades, the Danish government has built the ideal environment for organic innovation and growth, prompting the growth of the Denmark Organic Food Market. A solid foundation for this development adventure has been set by strong and trusting cooperation between the public and private sectors. Innovative national and foreign businesses drive organic food production in Denmark, emphasizing innovation and solid organic credentials.

Besides, Danish farmers, businesses, and trade associations have adopted more stringent voluntary guidelines than EU laws. These include prohibiting the use of nitrite in processed foods, reducing fertilizer use, and limiting the total transportation time of live animals to 8 hours – straight from the production facility to the slaughter. The Organic Cuisine Label is also state-controlled and free to get. The Organic Cuisine Label is also free to obtain and is under governmental control. The gold, silver, and bronze groups on the label denote whether commercial kitchens use 100–90%, 90–60%, or 60–30% organic produce. These points make it easy for Denmark Organic Food Market to flourish.

By Product: Organic Fruits &Vegetable Market will increase awareness among Denmark Organic Food Market Consumers

The Danish market for organic fruits and vegetables is anticipated to expand as consumer awareness of healthy diets rises, and lifestyles and eating habits change. The rise in the use of harsh chemicals in food products and the consequent surge in illness rates and health has become the prime focus in today’s generation. As a result, people have evolved from chemical-based to organic food due to increased consciousness. Rich in vitamins, minerals, fiber, carbohydrates, calcium, fruit, and vegetables help prevent many diseases. These facets could help to expand Denmark Organic Food Market during the projected year.

Additionally, the Danish government’s early efforts to promote organic food have drawn attention to the production of fruits and vegetables. Additionally, there has been a rise in customer awareness of the benefits of organic products, including their affordability and accessibility. Studies reveal that organic foods may contain more antioxidants than conventional varieties, making them better for health, including cancer prevention. Moreover retail chains have also significantly expanded their organic product offerings.

In Denmark Organic Food Market, Online Commerce will grow Substantially due to High Internet Penetration

According to the ITA December 2022 Report, Denmark has been and is still a developing market for e-commerce. Denmark had the highest per-capita internet shopping expenditures in Europe in 2021. Denmark is natural for e-Commerce in the organic food market due to its dense population, loyal base of urban consumers, high internet usage, and efficient postal and delivery systems—one of the top European nations for smartphone and mobile eCommerce adoption in Denmark.

The ease of accessibility, the trend toward busier lifestyles, time-saving, and fuel costs will all contribute to the continued expansion of online commerce for Denmark organic foods. Another element in the growth of a sizable middle class with more disposable income was the fast and robust economic growth that fuelled Denmark’s Industrialization. Additionally, promotions like Black Friday encourage Danish online shopping, which can further put forward the Denmark Organic Food Market.

More Government Initiatives will increase Public Institutions (Hospitals, Kindergartens, Educational, etc.) in Denmark Organic Food Market

Denmark’s government guides public institutes looking to convert their kitchens to organic ingredients. To establish new goals for purchasing organic foods by the municipal and regional administrations in Denmark, the government has opened communication with the Partnership for Public Green Purchasing. In addition, the Ministry of Health has partnered with local governments to raise the proportion of organic foods in hospital canteens.

Moreover, the government has also funded organic fruit and vegetable distribution in schools at a significant level. In addition, the government has also stepped up its educational efforts in conjunction with distributing organic produce to classrooms. The government is also attempting to increase the number of schools using organic products by offering motivating resources on sustainability and organics. This factor will fuel the growth of Denmark Organic Food Market in upcoming years.

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 Competitive Landscape: –

Prominent companies competing currently in the Denmark Organic Food Market are Arla Foods Amba, Daish Crown, MidsonaDanmark A/S, ATRIA DANMARK, and DANISH AGRO

Market Summary: –

  • Product – Denmark Organic Food Market is segregated into (Beverages, Dairy, Organic Processed Food, Organic Meat, Fish, Poultry & Eggs, Rice, bread, Pasta, flour, etc., Organic Fruits & Vegetables, and Other Organic Food Products)
  • Sales Channels – Denmark Organic Food Market is bifurcated into (Groceries trade including online commerce, Foodservice and Mini-Markets and Specialty Shops) 
  • End Users – Denmark Organic Food Market is split into (Public Institutions: Hospitals, Kindergarten, Educational, etc., Canteens in Public Sector Work Place, Canteens in Private Sector Work Place, Hotels, Restaurants, Cafes, etc and Others)

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 14 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

Contact Us:

Renub Research

Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)

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Global Cervical Cancer Screening Market will reach to US$ 34.72 Billion by 2028 | Size, Share, Growth, Outlook, | Renub Research

According to Renub Research latest report, “Cervical Cancer Screening Market, Size, Global Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis” Cervical Cancer Screening Market is estimated to grow at a CAGR of 4.57% from 2022 to 2028. Cervical cancer screening finds changes in the cervix cells that could lead to cancer. Screening includes cervical cytology (the Pap test or Pap smear), testing for human papillomavirus (HPV), or both. Most women should have cervical cancer screening regularly.

Cervical cancer screening is a simple, non-invasive procedure in a doctor’s office or clinic. Screening recommendations are tailored to individual risk factors, such as age, sexual history, and family history, making the screening process personalized and targeted. Cervical cancer screening can detect abnormalities in the cells of the cervix before they develop into cancer. Early detection allows for early intervention and treatment, increasing successful treatment chances. In addition, regular cervical cancer screening can significantly reduce the risk of developing cervical cancer. Cervical cancer screening is a cost-effective way to detect and prevent cervical cancer. According to this research report, Cervical Cancer Screening Market was US$ 26.52 Billion in 2022.

The increasing prevalence of cervical cancer worldwide will drive the demand for screening tests. In February 2022, the World Health Organization reported that cervical cancer ranked the fourth most frequently occurring cancer in women globally, with 604,000 new cases and 342,000 fatalities recorded by 2020.  Furthermore, the rising awareness about the importance of early detection of cervical cancer is adding to the demand for cervical cancer screening tests. In addition, the increasing adoption of minimally invasive techniques for cervical cancer screening, such as colposcopy and cone biopsy, is driving cervical cancer screening market growth as these techniques offer accuracy and reduces the need for invasive procedures.

Pap Smear Testing dominates the cervical cancer screening market as it is highly accurate

For several decades, Pap smear testing has been successfully detecting cervical cancer, making it a screening method with a long-standing history. It is also a cost-effective screening option, significant in countries with limited healthcare budgets. With its availability in healthcare settings, Pap smear testing is accessible to a large population. Furthermore, as a non-invasive screening method, it is less likely to cause discomfort and is suitable for women of all ages. Pap smear testing is highly accurate and can detect pre-cancerous cells before developing cancer. Training healthcare professionals in a clinic or doctor’s office can perform this screening method relatively quickly.

Government Policies and Educational Programs from various organizations contribute to the growing demand for cervical cancer screening in the United States

One of the primary reasons for death among women in the United States is cervical cancer, with approximately 14,100 women diagnosed with invasive cervical cancer, according to Cervical Cancer Statistics 2020. However, the accuracy and effectiveness of cervical cancer screening in the United States have improved with advanced screening technologies such as liquid-based cytology and HPV testing.

Favorable government policies also influence the overall market for cervical cancer tests in the United States. For instance, the National Breast and Cervical Cancer Early Detection Program (NBCCEDP), which provides breast and cervical cancer screening, has helped drive market growth, per the updates given by the Centre for Disease Control and Prevention (CDC) in February 2022. In addition, the United States Congress has designated January as Cervical Health Awareness Month, which further underscores the importance of cervical cancer screening and contributes to market growth.

Healthcare organizations and advocacy groups, such as the National Cervical Cancer Coalition (NCCC) and its local chapters, have helped raise awareness about cervical cancer screening and early detection. For example, during Cervical Health Awareness Month in January, NCCC chapters organize events to increase community awareness.

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Competitive Landscape:

Companies in the cervical cancer screening market are striving to offer innovative products and services that are accurate, accessible, and affordable while also establishing strong distribution networks and effective marketing strategies to reach their target customers. Some major companies operating in the market are Abbott Laboratories, Becton, Siemens AG, Quest Diagnostics, Roche, Hologic Corporation, and Cardinal Health. 

Market Summary:

Type – Report covers Cervical Cancer Screening Market by type in 3 viewpoints (Pap Smear Tests Market, HPV DNA Tests Market, and VIA Tests Market).

Country – By country, the Cervical Cancer Screening Market breakup into 20 viewpoints (United Kingdom, France, Germany, Italy, Spain, Sweden, Switzerland, Norway, Netherlands, United States, Canada, Japan, Korea, Singapore, Malaysia, India, China, Indonesia, Thailand, and Rest of world).

Key Players- All the major players in the report cervical cancer screening market have been covered from 3 Viewpoints (Overview, Initiatives and Recent Developments, and Sales) Abbott Laboratories, Becton, Siemens AG, Quest Diagnostics, Roche, Hologic Corporation, and Cardinal Health.

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 14 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

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Australia Diabetes Market to Grow with a CAGR of 7.14% from 2022 to 2028 | Renub Research

According to Renub Research’s latest report, “Australia Diabetes Market, Size, Forecast 2023-2028, By SMBG Device, Continuous Glucose Monitoring (CGM), Insulin Pen, Insulin Pump, and Company Analysis” the Australia Diabetes Market is estimated to reach US$ 5.96 Billion by 2028. Diabetes is the biggest epidemic of the 21st century and the most significant challenge confronting Australia’s health system. Diabetes is the seventh most common cause of death by disease in Australia. It rapidly appears as a leading cause of death among Australians due to the growing obesity rate, aging population, and increasing overweight and unhealthy lifestyle of Australian people. However, it is also the fastest growing of heart attacks, strokes, amputations, kidney failure, depression, dementia, and severe infections, all of which contribute to premature death. 

Growing Prevalence of Type-2 Diabetes in Australia

The number of people with type 2 diabetes has increased in Australia. Around 1.4 million Australians are living with known, diagnosed diabetes (types 1 2), and an estimated 500,000 are living with silent undiagnosed type 2 diabetes. There are now almost one million adults in Australia with type 2 diabetes, according to the Australian Institute of Health and Welfare. Substantially higher frequency and the older age of its sufferers, type 2 diabetes kills many more people than type 1. Almost one in five people over 75 have diabetes. Additionally, in Australia, seven in ten have their feet checked at once a year, and three in ten check their glucose levels daily. However, both kinds of diabetes can shorten lives. In addition, increasing cholesterol, body weight, family history, and trouble sleeping primarily contribute to Type-2 diabetes.

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Australia Diabetes Market has Numerous Vital Activities:

  • Leadership for diabetes – national advocacy, policy, campaigns, and communication to raise awareness of diabetes and its impact.
  • Living with diabetes – supporting self-care and choice, promoting the best possible management of diabetes to help prevent complications, and supporting all ages and stages of diabetes. These activities cover type 1 diabetes, type 2 diabetes, gestational diabetes, and other diabetes.
  • Preventing diabetes – promoting and developing prevention policies and programs for risk assessment, early detection, and prevention in high-risk populations (two million Australians are at high risk of developing diabetes) and at a whole-of-population level.

Insulin Pens will Drive the Australia Diabetes Market

The demand for insulin pens has increased considerably in the Australia Diabetes Market owing to the surge in the incidence of diabetic patients coupled with their cost-effective nature as compared to insulin pumps. Although the two most popular brands in Australia; NovoNordisk, which has six devices, and Lilly, which has one. People in Australia use pre-filled cartridges containing 300 units available for most insulin options.

The Pharmaceutical Benefits Scheme provides the equivalent amount of insulin when dispensed as disposable pens or reusable cartridges. People with type 1 diabetes inject insulin daily, up to 4 or 5 times per day. Due to their long-term cost-effectiveness, there will be an increase in demand for Insulin Pens in Australia. Other advantages, such as accuracy, better convenience, and the rising prevalence of diabetes, are driving Australia diabetes market growth. Therefore, leading Australian manufacturers focus on technological innovations and ease of use over conventional insulin pens.

Expert Insights: Ask Analyst or Download Full Report with TOC & Figures: https://www.renub.com/australia-diabetes-market-p.php

After Insulin Pens, CGM, SMBG, and Insulin Pump also accounted for the largest share of the Australian diabetes market due to favorable government policies and better infrastructure technologies, which contributed to this segment capturing the maximum share in such demand.

In January 2021, the National Diabetes Services Scheme (NDSS) Australia approved using the Dexcom G6 CGM device through the NDSS Subsidy Initiative if diabetes patients use a Tandem t: slim X2 insulin pump and meet the NDSS criteria.

Government Initiatives

The National Diabetes Service Scheme is an Australian Government initiative and has operated successfully. It provides universal access for all Australians with diabetes to subsidized diabetes products, information, education, and support services. In Feb 2020, the Australian government initiated USD 300 million Continuous Glucose Monitoring (CGM) (FreeStyleLibre flash glucose monitoring system) free access to eligible type-1 diabetes patients. All these initiatives will help in steady growth of Australia Diabetes Market.

Competitive Landscape:-

Australia Diabetes Market Companies include B. Braun Melsungen AG, Eli Lilly and, Company, Terumo Corporation, Becton, Dickinson (BD), Novo Nordiskpsomed AG, Medtronic, Insulet Corporations, Abbott Laboratories, DarioHealth Crop, Dexcom, Inc, Roche Diagnostic, Tandem Diabetes Care.

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Market Summary:-

  • By Devices: – The Report covers the Australia Diabetes Market by devices from 4 viewpoints. SMBG (Test Strips Market, Lancet Market, Meter Market and Forecast, Blood Glucose (SMBG) Users and Blood Glucose Devices Reimbursement), CGM (Glucose Sensor Market, CGM Transmitter Market, CGM User, and Reimbursement Policies of CGM devices in Israel) Insulin Pump (Insulin Pump Market, Insulin Pump User, and Reimbursement Policies Insulin Pump) and Insulin Pen – (User, Types – Disposable, Reusable and Smart Insulin Pen, Insulin Pen Needle Market, Reimbursement Policies.
  • The company report covers the Australia Diabetes Market from Three viewpoints.

Browse Related Report: 

Germany Diabetes Market: https://www.renub.com/germany-diabetes-market-p.php

France Diabetes Market: https://www.renub.com/france-diabetes-market-p.php

United States Diabetes Market: https://www.renub.com/united-states-diabetes-market-p.php

United Kingdom Diabetes Market: https://www.renub.com/united-kingdom-diabetes-market-p.php

Netherlands Diabetes Market: https://www.renub.com/netherlands-diabetes-market-p.php

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 14 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

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