Global Tattoo Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Tattoo Market Trends, Report and Forecast 2023-2028’, gives an in-depth analysis of the global tattoo market, assessing the market based on its segments like types, categories, applications, end-users, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 9.60%

The growing popularity of tattoo among men and women is driving the market growth. This can be attributed to the increasing inclination towards enhancing attractiveness and keeping a tattoo for memory. In addition to this, the increasing number of young followers of art, dance, sports, and modelling is anticipated to propel the demand for tattoo in the forecast period.

Moreover, tattoos leave a stand-apart impression on clients on various industries including fashion and photography. This factor is likely to augment the market growth in the coming years. In terms of region, the Asia Pacific region accounts for a significant share in the market owing to the presence of large population attracted towards stylish tattoo designs. Furthermore, in countries like India and China, the increasing number of tattoo suppliers are anticipated to provide further impetus to the market growth in the forecast period.

Tattoo Industry Definition and Major Segments

Tattoo is defined as an intentionally placed permanent or temporary mark on the body. A tattoo is created by the insertion of pigments under the skin. In the tattoo insertion process, a needle is used to put different colours and images under the skin. A temporary tattoo can last for a few weeks, while a permanent one can last for a lifetime.

On the basis of type, the market can be bifurcated into:

• Temporary Tattoo
• Permanent Tattoo

Based on category, the market has been segmented into:

• Cosmetic Tattoo
• Natural Tattoo
• Medical Tattoo

The market can be segmented based on application into:

• Skin Tattoo
• Corneal Tattoo
• Mouth Tattoo
• Others

The significant end-users included in the market are as follows:

• Men
• Women
• Others

The regional markets for tattoo include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

The key trends in the tattoo market include the technological advancements in the tattoo industry. The growing use of advanced graphic design software such as Affinity Designer, and Xara Designer Pro X, among others, is anticipated to propel the market growth in the coming years.

Meanwhile, the increasing demand for 3D tattoo printing, which offers an image with detailed and realistic features, is likely to accelerate the demand for tattoos in the forecast period. Moreover, the increasing adoption of smartphones and computers, which provides the convenience of online tattoo booking, is likely to be another key trend in the market.

Key Market Players

The major players in the market are:

  • WorldWide Tattoo Supply
  • Element Tattoo Supply
  • Joker Tattoo Supply
  • Tommy’s Suppliers LLC
  • Dragonhawk Tatoo Supply
  • Bishop Tattoo Supply
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

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Global Hand Sanitizer Market Size, Share, Trends, Growth, Analysis, Report, Forecast 2023-2028

The ‘Global Hand Sanitizer Market Size, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global hand Sanitizer market, assessing the market on the basis of its segments like product, distribution channel, end use, and major regions.

The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2022): USD 6.05 billion
Forecast CAGR (2023-2028):  5.20%
Forecast Market Size (2028):  USD 7.4 billion

The growing health awareness amongst the people and the rapid spread of viral infections are the key factors driving the growth of the global hand Sanitizer market. The rising population and the growing disposable incomes are further supporting market expansion. The surging demand for personal hygiene and anti-infection products is aiding the market demand for hand Sanitizers across the globe. The rising infrastructural activities like the construction of schools, shopping malls, and hospitals has positively impacted the market for hand Sanitizers and expanded its scope for growth.

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Gel types of hand Sanitizers are expected to witness a steady growth in the hand Sanitizer market during the forecast period owing to their ability to spread evenly onto the palms of hands, resulting in better cleansing action and quicker effect. Hospital end uses of hand Sanitizers are forecasted to witness a surging demand in order to provide support adequate sanitation, particularly for bedridden patients and hospital personnel. Furthermore, restaurant end uses are also likely to witness growth due to their increasing focus on food safety and hygiene and preventing spread of bacteria and viruses.

Hand Sanitizer Industry Definition and Major Segments

Hand Sanitizers are alcohol-based cleaning agents that are designed to be used on hands for the removal of germs and pathogens. They are often used as an alternative to hand washing when soap and water are not available. Available in forms such as sprays, gels, and foams, hand Sanitizers typically contain alcohols such as isopropyl alcohol and ethanol in varying concentrations.

On the basis of product, the market is segmented into:

Gel
Foam
Spray

Based on distribution channel, the market is classified into:

Online Stores
Departmental Stores
Pharmacy Stores
Others

On the basis of end use, the market is divided into:

Restaurants
Schools
Hospitals
Household Purpose
Others

Based on region, the market is differentiated into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Stringent regulations by various governments for sanitation and hygiene and the surging demand for on-the-go sanitation facilities are the key trends of the global hand Sanitizer market that are adding to its growth. While the COVID-19 pandemic may have triggered the increased awareness regarding importance of hand sanitising, the trend continues, supporting the sustained growth of the market for hand Sanitizers. The availability of different variants of hand Sanitizers with fruity and floral scents coupled with the availability of foot-operated, contactless dispensing containers have made the atmosphere favourable for the rapid market growth.

Increased celebrity endorsements and high-quality, appealing packaging are also likely to support the growth of the market. The thriving e-commerce sector has provided lucrative opportunities for the overall market growth by providing services like heavy discounts, home delivery services, and wider choice. There have been increased investments in the research and development activities of hand Sanitizers, which is likely to create a boom in the hand Sanitizer market.

Keeping in mind the hectic lifestyles and travelling routines of the growing populations, manufacturers have invested in packaging of mini sachets and disposable, travel-friendly hand Sanitizers. The growing prominence of using natural products has encouraged market players to incorporate natural products like aloe vera and witch-hazel into hand Sanitizers. The presence of these ingredients makes hand Sanitizers safe to use for people with skin problems like rashes and inflammation, which is expected to lead to the expansion of the hand Sanitizer market.

Key Market Players

The major players in the global hand Sanitizer market report are Himalaya Global Holdings Ltd., Proctor and Gamble Company, Gojo Industries, Inc., Henkel AG and Co. KGaA , Unilever PLC, 3M Company, Reckitt Benckiser Group PLC, Colgate-Palmolive Company, Sanofi S.A., and The Clorox Company, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact

Company Name: Claight Corporation
Contact Person: Sophia Grace, Business Consultant
Email: sales@expertmarketresearch.com
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Global Functional Beverage Market Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The ‘Global Functional Beverage Market Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global functional beverage market, assessing the market on the basis of its segments like type, distribution channel, and major regions.

Functional Beverage Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

  • Forecast CAGR (2023-2028): 7%

The surging demand for immunity-boosting and hydrating drinks has supported the expansion of the functional beverage market. The growing demand for nutraceuticals and the improved living standards are the major driving forces of this market. Hectic lifestyles led by growing populations have encouraged the adoption of ready-to-drink beverages, which is fuelling to the overall growth of the market. Furthermore, growing prevalence of high cholesterol and stress, owing to sedentary lifestyles and increasing work pressure is motivating a sizeable population to switch from carbonated drinks to functional beverages, impacting the market positively.

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In the functional beverage market, sports drinks type of functional beverages are projected to witness a robust growth due to the growing prevalence of gyms and fitness centres, and the rising population of fitness-conscious people. The greater convenience offered by online shopping coupled with the thriving e-commerce sector and quick delivery is likely to flourish the online retail stores distribution channels of functional beverages, which is likely to be favourable for further market expansion. Meanwhile, the wide range of choices offered by supermarkets/hypermarkets and the availability of beverages in bulk is also expected to surge the market demand for functional beverages in the forecast period.

Functional Beverage Industry Definition and Major Segments

Functional beverages are non-alcoholic beverages which prove consumers with additional health benefits beyond basic nutrition. These drinks have numerous health benefits and thus help in improving the general conditions of the human body and aiding in weight loss and boosting immune system. The specific health advantages and nutritional profile vary depending upon the particular drink.

On the basis of type, the market is classified into:

  • Energy Drinks
  • Sports Drinks
  • Fortified Juices
  • Dairy and Dairy Alternative Beverages
  • Others

Based on distribution channel, the market is segmented into:

  • Supermarket/Hypermarket
  • Pharmacies/Health Stores
  • Convenience Stores
  • Online Retail Stores
  • Others

On the basis of region, the market is divided into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Functional Beverage Market Trends 

The rising health awareness amongst the population and the growing indulgence in sports is expected to expand the functional beverage market. The demand for zero-sugar, low carb beverages, coupled with the rising prevalence of natural product ingredients are the key trends of this market that are leading to its growth. Market players are increasingly focussing on manufacturing functional beverages with clean-labels targeting the increasing population following a vegan, plant-based, and healthy diets. Increasing celebrity endorsements and adoption of attractive packaging by market players is further bolstering the growth of the market. The emergence of 24×7 retail stores in the developing economies has made the atmosphere favourable for the expansion of the market for functional beverages.

Stringent regulations of various governments regarding the ingredients of these beverages coupled with growing research and development towards new product development is accelerating the growth of the functional beverage market. Additionally, the surging demand for energy drinks and coffee amongst the corporate workers and college students, owing to their long hectic working-hours and additional benefits of coffee like promoting cognitive health, is likely to create a boom in this market. Healthier options like soymilk and probiotic drink kombucha are likely to be adopted by a sizeable population, in line with the growing consumer education regarding the benefits of fermented drinks with natural ingredients.

Key Market Players

The major players in the global functional beverage market report are PepsiCo Inc., Red Bull GmbH, The Coca-Cola Company, Danone S.A, and Monster Beverage Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Global Food Safety Testing Market Share, Trends, Growth, Analysis, Report, Forecast 2023-2028

The ‘Global Food Safety Testing Market Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global food safety testing market, assessing the market on the basis of its segments like testing method, technology, food type, and region.

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Size (2022): USD 22.24 billion
  • Forecast CAGR (2023-2028): 8.10%
  • Forecast Market Size (2028): USD 35.07 billion

The global food safety testing market is anticipated to expand in the upcoming years owing to rising health and consumer safety concerns. Various food borne diseases pose a significant threat to public health and can have long lasting catastrophic consequences. Regulatory bodies, research institutes, and governments across the globe are significantly investing in food testing to prevent outbreak of food borne diseases and protect public health.

Due to rising consumption of meat, quality checks on both processed and unprocessed forms of meat have become essential to assess their quality, compliance, and performance with the prescribed standards. Testing of meat is essential as large colonies of bacteria can grow on spoiled meat and can lead to spreading of bacteria such as E. coli and salmonella which can cause food poisoning. Furthermore, rising consumption of processed foods due to increasing working population and rising interest in convenient foods is also positively influencing the growth of the food safety testing market.

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Rapid globalisation of food supply chains has increased the risks associated with food safety. With sourcing and distribution of food products from different regions across the globe, the requirement for food testing to ensure safety is propelling. Many food and beverage manufacturing companies have started investing in in-house laboratories to conduct food safety testing in an efficient and swift manner.

Industry Definition and Major Segments

Food safety testing refers to the scientific methods that evaluate the safety of food on the basis of chemical, microbiological, and physical composition. Furthermore, food safety testing aids in detection of disease-causing organisms such as bacteria, viruses, and parasites and in evaluation of foods altered to withstand drastic conditions.

On the basis of testing method, the market is divided into:

  • Chemical Testing
  • Physical Testing
  • Nutritional Testing
  • Food Sensory Analysis
  • Microbiological Testing
  • Allergen Testing
  • Others

Based on technology, the market is bifurcated into:

  • Traditional Technology
  • Rapid Technology

On the basis of food type, the market is segmented into:

  • Dairy Products
  • Fruits and Vegetables
  • Seafood, Meat, and Poultry
  • Processed Food
  • Cereals and Grains
  • Others

Based on region, the market is classified into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The key trends of the global food safety testing market include adoption of advanced technology food safety testing solutions such as artificial intelligence, machine learning, Internet of Things, and blockchain. These solutions aid in real-time monitoring and boost transparency and traceability across food supply chains. Additionally, increasing incidences of food adulteration and contamination have resulted in uptake of rigorous testing, to eliminate the potential health hazards to the consumers.

Rinsing collaborations and mergers between food manufacturers and research institutions for boosting their research and development efforts is further contributing towards the growth of the global food safety testing market. Advancements in food safety testing methods including PCR-based methods, biosensors, and immunoassays, among others, for optimisation of testing processes, are anticipated to positively influence the market for food safety testing.

Altering lifestyles and shifting eating habits are also aiding the expansion of the global food safety testing market as consumption of minimally processed and ready-to-eat food products increases. Rising uptake of genetically modified foods due to growing demand for nutritionally enhanced food products is further boosting the utilisation of food safety testing. Popularity of genetically modified foods is also increasing as they are disease and drought resistant and can be grown with less usage of pesticides.

Key Market Players

The major players in the global food safety testing market report are SGS Group, Bureau Veritas S. A., Eurofins Scientific, Intertek Group plc, ALS Limited, NSF International, Neogen Corporation, Merieux NutriSciences Corporation, Microbac Laboratories, Inc., IEH Laboratories & Consulting Group, QIMA Limited, AGQ Labs, NSF International, TÜV NORD GROUP, EMSL Analytical, Inc., Microbiologics, Inc, and Romer Labs Division Holding GmbH, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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Global Perfume Market Size, Share, Trends, Growth, Analysis, Report, Forecast 2023-2028

The ‘Global Perfume Market Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global perfume market, assessing the market on the basis of its segments like products, gender, and major regions.

PERFUME MARKET SIZE, TRENDS, INDUSTRY REPORT, KEY PLAYER, MAJOR SEGMENTS, AND FORECAST

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): USD 33 billion
• Forecast CAGR (2023-2028):  5.5%

The demand for perfumes has been driven by the increase in standards of living, rise in popularity of long-lasting high-quality perfumes, and robust urbanisation. Increase in the number of corporate workers is also fuelling the sale of perfumes. More men are also experimenting with various perfumes, supporting the growth of the market. The perfume market has been aided by the rise in disposable income and increase in demand for perfumes with high fragrance oil.

The increase in awareness about personal care and hygiene is another crucial driving factor for the market. The growing expansion of the fashion industry and increasing influence of celebrities are motivating millennials and youngsters to purchase perfumes.

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Applying perfume can change the mood of a person and decrease stress and anxiety. In this regard, the busy and hectic lifestyles led by the working-class population is further escalating the sale of perfumes.

The increasing incorporation of perfumes in cosmetic products to enhance the experience of cometic consumers is adding to the perfume market growth. Moreover, perfumes are also added to air fresheners which improve the atmosphere of a room. Hence, the increasing adoption of air fresheners in commercial spaces, public places, and households, is expanding the market opportunities for perfumes.

PERFUME INDUSTRY DEFINITION AND MAJOR SEGMENTS

A perfume is defined as a mixture of essential oils extracted from plants and other aromatic compounds which gives out pleasant odour. Modern perfumes contain many other compounds apart from aromatic compounds, for purposes such as stabilisation of the final product and scent longevity. Perfumes containing high amounts of specialised fragrances are generally more expensive. The classes of fragrance can be divided into floral, wood, and citrus.

On the basis of product, the market can be segmented into:

• Premium Product
• Mass Product

Based on gender, the market has been divided into:

• Male
• Female
• Unisex

On the basis of region, the market can be categorised into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

PERFUME MARKET TRENDS

The key trends in the perfume market include the growing research and development activities by the major market players aimed towards producing world-class perfumes with superior fragrance and unique smell. Product engagement and branding of new innovations has become easy in the modern world owing to the increase in number of social media users which is another crucial market driving trend.

The availability of unisex perfumes is a growing trend in the market for perfumes, particularly amongst consumers that prefer neutral scents. Preference for natural perfumes is also a key trend, as consumers express interest in avoiding overtly chemical formulations. The availability of vast perfume brands of different shapes and sizes is further expanding the options for consumers who are selective. Subscription boxes and samples of perfumes help users in finding an ideal perfume that matches their taste.

In terms of region, Europe accounts for a significant share in the market due to the strong foothold of major perfume manufacturers. The increasing influence of the fashion industry in the region has been fuelling the demand for perfumes.

KEY MARKET PLAYERS

The major players in the Global Perfume Market are :

  • Avon Products Inc.
  • Natura Cosméticos SA
  • Chanel SA
  • Coty Inc.
  • LVMH
  • L’Oréal SA
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
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Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Global Fermenters Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The ‘Global Fermenters Market Size, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global fermenters market, assessing the market on the basis of its segments like processes, modes of operation, applications, and major regions.

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The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): USD 1,412.03 million
• Forecast CAGR (2023-2028): 5.6%
• Forecast Market Size (2028): USD 1,958.06 million

The increasing applications of fermentation technology across industries and requirement for cost-effective compounds which help in the production of energy are driving the demand for fermenters. They are extensively used in the food and beverage industry to increase the nutritional value of fermented food products and to enhance the content of bioactive compounds, thereby, boosting the overall health of consumers. The thriving food and beverage industry owing to the rising population is a major driving factor of the fermenters market.

In addition, the growing popularity of alcoholic beverages, such as beer and wine, is propelling the demand for fermenters across breweries. Fermentation technology is also gaining traction across the personal care sector owing to the increasing demand for fermented ingredients. These ingredients are better absorbed by the body. The increasing sale of skin and hair care products are further generating the demand for fermented ingredients.

In terms of regions, the Asia Pacific accounts for a significant share in the fermenters market. The accelerated growth of the end use industries of the product is driving the market growth. Meanwhile, the sizable consumer segments for personal care and pharmaceutical products across emerging economies such as India and China are further bolstering the demand for fermenters.

Fermenters Industry Definition and Major Segments

Fermenters, also known as bioreactors, are defined as vessels or barrels in which the process of fermentation takes place. In these vessels, a microorganism such as yeast is fermented to produce metabolite, which is utilised across the commercial sector. The capacity of fermenters can vary from 20 litres to 500,000 litres.

Based on the process, the market can be segmented into:

• Batch
• Continuous
• Others

On the basis of mode of operation, the market has been classified into:

• Automatic
• Semi-Automatic

By application, the fermenters market has been divided into:

• Food

  • Beverage
    • Alcoholic Beverages
    • Non-Alcoholic Beverages

• Healthcare and Personal Care
• Others

On the basis of region, the market can be categorised into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

The key trends in the global fermenters market include the growing research and development activities in the pharmaceutical sector which is generating the demand for fermenters to optimise the production process while maintaining aseptic conditions. In addition, upgrades and advancements in biotechnology are likely to provide impetus to the market.

The growing geriatric population, coupled with the heightened cases of associated chronic diseases, are leading to innovations in fermented ingredients, enabling major pharmaceutical companies to gain a competitive edge.

The thriving e-commerce industry is a crucial trend in the market which is bolstering the sale of cosmetics, pharmaceuticals, and food products, leading to a greater growth of the fermenters market. The increasing footfall of consumers in convenience stores and supermarkets to buy fermented food products such as yoghurt, is likely to lead to an increased application of fermenters in food processing industry. Moreover, the rising per capita income across the emerging economies is further adding to the market numbers.

Robust innovations and flavour enhancements in fermented non-alcoholic beverages are expanding the consumer base. Non-alcoholic beers, kefir, and ginger beer, among others, are further aiding the market by increasing the demand for fermenters. Furthermore, the market is anticipated to be influenced by rapid urbanisation across rural and semi-urban areas.

Key Market Players

The major players in the fermenters market report are:

  • Sartorius AG
  • Eppendorf AG
  • GEA Group Aktiengesellschaft
  • Electrolab Biotech
  • Bioengineering AG
  • BBI-Biotech GmbH
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Global Conversational AI Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The ‘Global Conversational AI Market Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global conversational AI market, assessing the market on the basis of its segments like component, technology, deployment mode, end use, and major regions.

The key highlights of the report include:

Market Overview (2018-2028) 

  • Historical Market Size (2022): USD 7.9 billion
  • Forecast CAGR (2023-2028): 60%
  • Forecast Market Size (2028): USD 27.4 billion

The surging demand for AI-powered consumer support services is expected to boost the growth of the global conversational AI market. The rising adoption of IoT solutions and usage of chatbots in various industry verticals are the major forces that are driving the growth of this market. The widening deployment of automation for providing a variety of services like order placement and resolution of general queries is expected to further grow this market. In the healthcare sector, the deployment of conversational AI has increased significantly so as to provide medical advice to patients and assist in remote-patient monitoring.

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The cloud deployment mode of conversational AI is expected to witness robust growth owing to the growing adoption of cloud technologies around the globe. The national language processing technology is likely to enhance the growth of the conversational AI market owing to its ability to promote accuracy and efficiency. The conversational AI services is also likely to surge in the forecast period due to enhanced customer support, advanced fraud detection, and ability for task automation in major verticals like BFSI and travel and hospitality. Improved multilingual support has made communication with users around the world possible and fuelled the growth of the market.

Conversational AI Industry Definition and Major Segments

Conversational AI refers to an artificial intelligence technology that uses machine learning processes in order to hold human-like conversations by interpreting human speech. It is capable of deploying automated messages and speech-enabled applications to enable consumers to chat with computers or virtual agents in a similar manner to human support staff. Conversational AI services are increasingly being deployed by various industries owing to its benefits of time-saving and quick consumer support.

On the basis of component, the market is bifurcated into:

  • Platform
  • Services

Based on technology, the market is segmented into:

  • Machine Learning and Deep Learning
  • Natural Language Processing
  • Automated Speech Recognition

On the basis of deployment, the market is classified into:

  • Cloud
  • On-Premises

Based on end use, the market is divided into:

  • Banking, Financial Services, and Insurance
  • Retail and E-commerce
  • Healthcare and Life Sciences
  • Travel and Hospitality
  • Telecom
  • Media and Entertainment

On the basis of region, the market is differentiated into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Rapid digitalisation and advancements in technology across the globe are strengthening the growth potential of the global conversational AI market. Increased focus on consumer interaction and reduced chatbot development costs are the key trends observed in this market, that are leading to its overall growth. Market players are increasingly focussing on integrating gesture recognition systems in conversational AI in order to counter problems of unrecognised accent and tone, which is likely to further boost the market growth. The deployment of omnichannel sales modes and increased social media interactions with customers is projected to expand the global conversational AI market.

The deployment of conversational AI solutions by more and more companies owing to its benefits like 24×7 availability, personalised interactions, and zero-human errors is empowering the growth potential of the market. The prevailing usage of conversational AI in call centres has significantly reduced the workload on live agents and assisted in saving time and storing relevant information of customers, which has boosted the conversational AI market growth. The incorporation of conversational AI also aids in reducing pressure on employees, freeing up their time by reducing service request volumes so they can focus on high-priority tasks.

Key Market Players

The major players in the global conversational AI market report are Google LLC, Microsoft Corporation, Amazon Web Services (AWS), Oracle Corporation, IBM Corporation, Nuance Communications, Avaamo, Inc., SAP SE, Cognigy GmbH, Rasa Technologies Inc., and Kasisto, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
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Address: 30 North Gould Street, Sheridan, WY 82801, USA
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Global Candle Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Candle Market Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the global candle market, assessing the market based on its segments like product types, raw materials, distribution channels, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Candle Market Size, Trends, Industry Report, Key Player, Major Segments and Forecast

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The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 8.0%

The growing demand for candles in the household sector owing to its rising application in home décor, for religious or ritual purposes, to bolster the ambience, and to spread pleasant scent all over the house is driving the market growth. The traditional use of candles as an alternate source of lighting during power cut is anticipated to augment the market in the forecast period.

In terms of region, the Asia Pacific region accounts for a significant share in the market owing to the increasing utilisation of candles in countries such as India for various festive purposes. In China, candle burning is a part of a ritual in Taoism. Hence, the market in the region is anticipated to witness a healthy growth in the forecast period.

Candle Industry Definition and Major Segments

Candle is a cylinder or block made up of parrafin wax and is known to provide lighting through continuous burning. A candle contains a wick, which goes through it. In order to light up a particular area, the wick is flamed which heats up the wax and turns it into a liquid. The liquified wax is burned in order to keep the candle lit. A candle has been used traditionally to generate heat and as a method of keeping time.

On the basis of product type, the market can be segmented into:

• Pillars
• Tea Lights
• Votive
• Cartridge Candle
• Birthday Candle
• Wax Filled Container Candles
• Others

The different raw materials based on which the market has been segmented include:

• Stearin
• Beeswax
• Palm Wax
• Soy Wax
• Paraffin Wax
• Rapeseed Wax
• Others

Based on distribution channel, the market has been bifurcated into:

• Online
• Offline

The regional markets for candle include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Candle Market Trends

The key trends in the global candle market include the growing R&D activities by the candle makers in order to develop superior quality decorative candles with long lasting aroma, attractive design, environment-friendly properties, and enhanced safety. The thriving e-commerce industry is propelling the sales of candles by providing attractive discounts and convenience of door-step delivery is another key trend in the market. For instance, the large jar scented candle is a popular option on Amazon.

Furthermore, some other key trends in the market include the development of candle-holder flashlights, candles with hidden storage, and candLEDs, among others.

Key Market Players

The major players in the Global Candle Market are :

  • Bath & Body Works Direct, Inc.
  • Candle Delirium, Inc.
  • Vollmar GmbH
  • Empire Candle Co. LLC
  • MVP Group International, Inc.
  • Armadilla Wax Works
  • SC Johnson & Son, Inc
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
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Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Global Water Soluble Polymers Market Share, Size, Trends, Growth, Analysis, Report, Forecast 2023-2028

The ‘Global Water Soluble Polymers Market Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global water soluble polymers market, assessing the market on the basis of its segments like product type, application, and region.

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Size (2022): USD 40.1 billion
  • Forecast CAGR (2023-2028): 50%
  • Forecast Market Size (2028): USD 55.3 billion

The numerous industrial uses of water soluble polymers, including in food, medicine, textiles, building materials, paints, paper, water treatment, coatings, and adhesives are propelling the global water soluble polymers market growth. The superior high-temperature stability of advanced water soluble polymers is leading to an increase in their use in many end-use sectors, particularly in oilfields, which is anticipated to positively affect market growth.

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Novel drug delivery methods are being created as a result of advancements in polymer science, and the introduction of new polymers is creating polymers with distinctive features. In the pharmaceutical sector, water soluble polymers are frequently used as stabilisers, solubilisers, and mechanical supports for sustained release of pharmaceuticals.

Additionally, major market players are investing in research and development projects to create bio-based water-based emulsion polymers for clean environments. The global water soluble polymers market is being positively affected by their work on creating water soluble polymers from amino acids that can withstand high temperatures.

Water soluble polymers are also in increasing demand for use in water treatment projects as thickeners, stabilisers, flocculants, coagulants, and humectants, among others. The growth in demand for clean water is anticipated to increase the need for water soluble polymers over the course of the forecast period.

Industry Definition and Major Segments

Water soluble polymers are compounds that when dissolved in water, expand or scatter to show certain distinctive properties. When dissolved in water, the electronegative atoms of these compounds, which are present in sufficient numbers, tend to form hydrogen bonds. The molecular weight of the polymer affects how quickly it dissolves in water.

Based on product type, the market is segmented into:

  • Polyacrylamide
  • Polyvinyl Alcohol
  • Guar Gum
  • Gelatin
  • Xanthan Gum
  • Casein
  • Polyacrylic Acid
  • Others

On the basis of application, the market is categorised into:

  • Water Treatment
  • Household Products and Detergents
  • Oil and Gas
  • Pulp and Paper
  • Pharmaceuticals
  • Others

By region, the market is divided into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Rising population, increasing need for freshwater, and low resources of fresh drinking water are heightening the demand for water soluble polymers to lessen water contamination, further bolstering the water soluble polymers market. Potable water, municipal sewage, and ores are all treated using water soluble polymers.

In the oil and gas sector, water soluble polymers are frequently utilised in the drilling, workover, completion, and production phases of oil and gas wells in oil fields. As a result, increased shale gas production and improved crude oil recovery are increasing the demand for water soluble polymers in the petrochemicals industry. Rising investments in research and development to develop effective water soluble polymers to enhance their applications in oil and gas fields are also projected to support the growth of the global water soluble polymers market.

An increase in the use of water soluble polymers in the food and pharmaceutical industries are one of the key trends driving the growth of the global water soluble polymers market. The expanding use of polyvinyl alcohol for ecologically friendly packaging and rising government support for its manufacturing are driving demand for water soluble polymers in the packaging sector. In the pulp and paper industry, water soluble polymers are utilised for a variety of purposes, including in the treatment of stickies and the dewatering and treatment of debarking water and green liquor.

Key Market Players

The major players in the global water soluble polymers market report are BASF SE, SNF Group, Nutrition & Biosciences (Dupont), Arkema S.A., Ashland Inc., Kuraray Group, Nuoer Group, CP Kelco, and Polysciences, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

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Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.

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Global Footwear Sole Material Market Share, Size, Trends, Growth, Analysis, Report, Forecast 2023-2028

According to the report by Expert Market Research (EMR), the Global Footwear Sole Material Market Size reached a value of USD 19.4 billion in 2022. Aided by the increasing brand awareness and rapid development of shoe stores, the market is projected to further grow at a CAGR of 4.60% between 2023 and 2028 to reach a value of USD 25.3 billion by 2028.

Footwear sole material forms the base of shoes, providing comfort, traction, and durability. Different materials, including rubber, polyurethane (PU), ethylene-vinyl acetate (EVA), leather, and thermoplastic rubber (TPR), are used in the manufacturing of shoe soles, depending on the footwear type and application. These materials play an integral role in enhancing the overall foot comfort, reducing impact, and offering slip resistance.

The escalating consumer preference for comfortable and durable footwear is fuelling the global footwear sole material market growth. With rising awareness of the importance of proper footwear in maintaining foot health and overall comfort, there has been a significant shift towards shoes featuring high-quality sole materials. In addition, the trend of fashion-forward footwear, integrating style and functionality, further leads to a surge in demand for innovative sole materials.

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The broadening applications of various sole materials in the footwear industry also contribute significantly to the footwear sole material market demand. In sports footwear, materials like EVA and PU are favoured for their lightweight, shock-absorbing, and flexible properties. The workwear and safety footwear segment utilises rubber and TPR for their superior durability and slip-resistance. Moreover, the luxury footwear market extensively uses leather for its premium finish and comfort.

Furthermore, the advancements in material science have resulted in the development of new, improved sole materials offering enhanced performance characteristics. For instance, memory foam soles have gained popularity for their custom cushioning and comfort, while eco-friendly materials like cork and recycled rubber have attracted attention due to growing environmental concerns. These advancements provide fresh impetus to the footwear sole material market development.

Additionally, the rising demand for specialised footwear in various sectors, like sports, healthcare, and defence, has increased the focus on footwear sole materials. With the surge in active lifestyles and athletic activities, the demand for sport-specific footwear with optimised soles has grown. Similarly, in the healthcare sector, therapeutic footwear with specially designed soles is witnessing increased adoption, thereby supporting footwear sole material market expansion.

Market Segmentation

The market can be divided based on material, sole component, end-consumer, and region.

Market Breakup by Material

  • Leather
  • Plastics
  • EVA
  • PU
  • PVC
  • Others
  • Rubber
  • Natural
  • Synthetic
  • Others

Market Breakup by Sole Component

  • In Sole
  • Mid Sole
  • Out Sole

Market Breakup by End-Consumer

  • Men
  • Women
  • Kids

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

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

  • Covestro AG
  • Huntsman International LLC
  • BASF SE
  • Braskem
  • Solvay
  • INOAC Corporation
  • Asahi Kasei Group
  • Others

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About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.

Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.

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Company Name: Claight Corporation
Contact Person: Sophia Grace, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com