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Press Releases from Credible Markets (844 total)

Will Climate Change Irreversibly Decline Supply in The Black Pepper Market?

Black pepper is a pungent, hot-tasting powdered spice prepared from dried peppercorn commonly used to flavor foods. Black pepper is referred to as the ‘king of spices’ as it contains a number of nutrients such as anti-oxidants. Black pepper has been an important spice in the global trade for millennia and its production and consumption in different regions has shaped the contours of the global black pepper market. Black pepper

Chocolate Biscuit Market to Witness Tremendous Growth as Food Away from Home Tak …

The chocolate biscuit market is expected to witness tremendous growth in the near future, thanks to rising demand for food consumed away from home, and growing value for agro-business. According to the United States Department of Agriculture (USDA) projections, the food consumed at home was expected to grow from USD 600 billion in 2008 to nearly USD790 billion in 2018. On the other hand, the food consumed away from home

Blood Serum Market to Witness 9.7% CAGR Growth as Demand for Tissue Culture and …

Credible Market has released a new market report titled, “Blood serum Market (by product, application, and region), Global Opportunity Analysis and Industry Forecast, 2021-2028”. The blood serum market is a competitive, and fragmented landscape with vast opportunities for new players, thanks to growing technological advancements in tissue culture, and diagnostic testing. Some key players in the blood serum market are, Sigma-Aldrich, Thermo Fisher, Corning, Merck, Gemini, Bioind, and Bovogen. Get Free

Ethanol Fuel Market Set for a Major Take-off as IEA Predicts 19% CAGR Growth Dur …

The ethanol fuel market is likely to witness tremendous growth as the International Energy Agency (IEA) has predicted growth in output to 19% during the 2019-2024 period. The energy estimates that the renewable energy met nearly 3.7% of transport fuel demand in 2018, which accounted for a total of 4 extra joules (EJ) of consumption. Among this, biofuels accounted for close to 93% of all renewable energy, while the rest

Automotive Relay Market to Reach Promising $24.3 Billion Valuation by 2028, Stro …

The automotive relay market is expected to reach $24.3 billion by 2028, rising at 6.1% CAGR, thanks to growing demand for electric vehicles. According to the International Energy Agency (IEA), the sales of electric vehicles witnessed a record growth in 2019, surpassing an already record year in 2018. The IEA reports that the electric vehicles accounted for 7.2% of global vehicles in 2020, rising from 2.6% in 2019. The increase

Power Converter or Inverter Market to Witness Robust Growth at 18.37% During 202 …

The power converter or inverter market is expected to witness tremendous growth during the 2021-2028. The market is expected to reach valuation of over $20 billion, thanks to promising forecast by the International Energy Agency (IEA). The IEA estimated that in 2018, renewables made up 26% share of global electricity generation. Moreover, the IEA reported that despite the covid-19 blues, the renewable electricity generation grew by 6%, and solar PV,

Genetic Engineering Drug Market is expected to reach a robust valuation of 12.3 …

The global engineering drug market is expected to reach a robust valuation of 12.3 billion in 2025, rising from $5.9 billion in 2020. The market is expected to witness tremendous growth, thanks to growing availability of funding for research, increased efficacy of technologies like machine learning, and new ways of drug development like 3D cell culture, among others. The high cost of equipment remains a major barrier to growth in

Cancer Therapy Market to Rise at Unprecedented CAGR of 8.13%, Rising FDA Approva …

On march 27, 2021, the Food and Drug Administration (FDA) of the United States approved a cell-based gene therapy to treat adult patients with multiple myeloma. The therapy is the in the list of long-line of approvals from the FDA in recent times. Similarly, in April, 2021, Vysioneer, a company dealing with Artificial Intelligence (AI) announced that it received an FDA approval for its first-ever tumor auto-contouring solution. On a

Pharma E-commerce Market to Grow at 22.37% During 2021-2028 Period, as Disabilit …

The pharma e-commerce market will likely grow at 22.37% CAGR during the 2021-2028 period. The growing demand for convenience, high penetration of mobile connectivity, and growing demand for prescription-based service to cater to a rising sedentary lifestyle will drive major growth for the pharma e-commerce market. Furthermore, rising incidences of illnesses like chronic diseases, disabilities, and sexual health will also spell new avenues for growth in the conventional pharmacy sector

Interactive Fitness Market Poised for Strong Growth with a 7.03% CAGR during 202 …

The strong demand for socially distanced online fitness modules will likely be a new beginning for the online fitness market, which will likely reach USD5.87 billion in valuation by 2028 end. The market is expected to grow at 7.03% during the 2021-2028 period, as demand for both key channels like on-demand, and live fitness modules continues to skyrocket. The rising demand for online fitness to engage in fitness activities to

Biometric In The Automotive Market to Grow at 21.03 CAGR, as Demand for Electric …

The report titled on “Biometric In The Automotive Market Assessment, With Major Companies Analysis, Regional Analysis, Breakdown Data by Application/Type and Forecast to 2016-2027” firstly introduced the Biometric In The Automotive basics: Definitions, Classifications, Applications and Market Overview; product specifications; manufacturing processes; cost structures, raw materials and so on. The report takes into account the impact of the novel COVID-19 pandemic on the Biometric In The Automotive market also provides

COVID-19 Causes Rampant Alcohol Drink Consumption; Governments May Intervene to …

An alcoholic drink is any drink that contains ethanol, that is one produced by fermenting sugar, grains, fruits, or other foodstuffs. The consumption of alcohol plays a critical social role in several cultures around the world and thus, countries have strict laws regulating its production, sale, and consumption. While some nations ban it outright due to various reasons, alcoholic drinks are legal in most nations. Customers Want Low-Calorie But High-Quality Alcoholic

Pharmaceutical Industry to Favor Cold Chain Packaging Materials Market Growth; N …

Demand for Cold Chain Packaging Materials is expected to rise at a modest pace on the back of increasing popularity of cold chain packaging solutions across various industries. Last two decades reflected an era of hardships faced by highly competitive markets. Against this backdrop, companies pursued the much sought after packaging techniques, such as cold chain packaging, in a bid to reduce cost of the packaging of the product and

Likelihood of a Stellar Rise in Demand for Pharmaceutical Packaging Materials to …

The global demand for pharmaceutical packaging materials is expected to increase at a stellar pace on the back of growing drug discovery and development activities. Complementing this, the growing demand for OTC (Over the Counter) drugs continues to influence the growth of the pharmaceutical packaging materials market. Macro factors such as increasing GDP per capita and economic transformation have embossed an indirect influence on the use of pharmaceutical drugs, in

Global Nutritional Supplements Market Pumps Growth with a Promising 7.8% CAGR du …

The global nutritional supplements market promises to reach $302.89 billion in valuation by 2027, thanks to a robust demand due to rising health concerns associated with the worldwide pandemic. The pandemic has proven to be fatal to vulnerable population groups including the elderly, and the children. The rising demand to increase the intake of immunity has led to strong demand for nutritional supplements, with vitamin intakes leading the way. Rising health

English Language Training (ELT) Market to Deliver Robust Growth at 24.6% CAGR, T …

Rising internationalization, growing access to technology, and expanding global opportunities will drive robust growth for online learning in the English language training market. The online learning model will grow at 24.6% CAGR, and create major opportunities for learning, and commercial growth around the world. The online training segment in the ELT market stood at USD 8,238 million in 2019. The segment will likely reach USD 25,463 million 2026. Apart from growing

Global Alcoholic RTDs/ High Strength Premixes Market to Grow at 3.9% CAGR to Rea …

The global alcoholic RTDs/ high strength premixes market promises noteworthy growth, as popularity of alcopops remains high among countries with traditional wine culture, youngsters, and especially women. The often sweet taste of alcopops with growing advancement in packaging embedding trendy, anti-social, and rebellious themes remain a big hit among youngsters, thanks to their youthfulness, and largely exclusive nature. Banking on the rising popularity, the market for RTDs, and high strength

Industrial Belt Drives Market Promises a Notable 3.1% CAGR as Cold Winds Promise …

Thanks to the promising expected rise in demand for electric vehicles, diesel generators, and favourable change in the energy scenario, there will be a stable growth the industrial belt drives market during 2020-2025. According to Credible Insights, the global industrial belt drives market will grow at a stable 3.1% CAGR during 2020-2025. The market reached a sizable valuation of $5,842.6 million in 2019. As world grapples with fallen investments in renewable

FMCG Market to Grow by 5.4% CAGR during 2020-2025, As Demand for Medicines, Esse …

The rising demand for essentials, medicines, and cleaning products will propel growth in the FMCG market, aiding it to reach $15,256 billion by 2025, rising at 5.4% during 2020-2025. The rising prevalence of covid-19 among developed countries like the US has led to tremendous demand for medicines, essentials, and cleaning products. In cities like Los Angeles, the coronavirus pandemic has gripped more than one-third of the population, reaching upwards of

Global Hydrogen Tube Trailers Market to Ignite Growth with 10.0% CAGR Projection …

The global hydrogen tube trailers market is expected to witness major growth, thanks to growing adoption of fuel-cell technology, increased investments in hydrogen infrastructure, like hydrogen fuelling stations for heavy-trucks. The market will likely grow at 10.0% CAGR during 20202-2026, as hydrogen’s properties as a natural energy carrier, lowering costs of renewable energy, and growing energy demand in emerging nations promises to provide a major boost to growth. Growing Demand for

Rehabilitation Robots Market To Grow At 21.9% During 2019-26 Period, Thanks To R …

The global rehabilitation robots market was worth USD 529.8 million in 2018, and is projected to reach USD 2,617.3 million by 2026, growing at 22.1% CAGR between 2019-2026 period. The growing population of elderly, and disabled individuals, rising spending on MEDICAID, and increased penetration of chronic illnesses like strokes, diabetes, cancer, among others. Due to rising sedentary lifestyle, and rising elderly population, diseases like stroke, and subsequent mental disability remains a

Global Urgent Care Apps Market To Grow At 42.3% By 2027, Chronic Pain Management …

Credible Market Insight has released a new report, which estimates that the Global Urgent Care Apps Markets rose to nearly $600 million in valuation in 2019. The market is expected to grow at robust pace with 40.3% CAGR during 2020-27, thanks to rising demand to treat chronic illnesses, and increased federal incentives in the US accordance with federal performance indexes. The growing demand for chronic care has necessitated the urgent need

Global Virtual Reality (In) Healthcare Market To Grow At 42.3% By 2027, Chronic …

According to a new market report by Credible Insights, the global virtual reality in healthcare market will rise by 42.3% to reach $35.87 billion by 2027. The promising application of virtual reality in treating chronic illnesses like cancer, aesthetic procedures for face upliftment, dental work, and proven efficacy in areas like training for professionals remain key drivers to growth. Moreover, the spread of Covid-19 has been a major impetus for technologies

RTLS for Healthcare Market To Grow At 20.3% During 2020-2027, To Reach $2753.59 …

The RTLS for health market will likely reach over USD 2753 million in valuation by 2027, rising from $578.47 million in valuation in 2019. The market will register a notable CAGR of 20.3% during 2020-2027 period, thanks to technological advancements like wearable devices, growing demand for chronic care, and increased linked to digitalization with federal aid. GPS Tracking Application Remains a Promising Driver in the Healthcare Sector According to Centre for Disease

Natural Personal Care Products Market to Grow at Promising 10.37% CAGR, Growing …

The global natural personal care products market reached $14.75 billion in 2018. The market is expected to continue its promising growth, thanks to rising entry of small players, complete disruption in mainstream industry due to digitalization, and grow at 10.37% during the 2021-2028 period. Increasing research and development in natural care, and increased efficacy of new ingredients originating from animal and plant extracts, along with rising promotions remain key drivers

Massive Open Online Course (MOOC) Market To Grow At 33.1% CAGR During 2021-2026, …

MOOCs continue to march on to their disruptive journey in the field of higher education. President Obama had cited during the early years of MOOCs development that they had the potential to bring down costs of higher education, which remains a key concern among all stakeholders. MOOCs promise an alternative future to traditional education with course content remaining essential free, but fees being levied on assets like certifications. The rising

PLM in Consumer Goods Market Promises Growth at 11.07% CAGR, as Automation and M …

PLM in consumer goods market is undergoing a sea of change, as covid-19 pandemic has boosted demand for daily essentials for consumers globally. Furthermore, the growth of e-commerce, and increased focus on quality manufacturing with highest efficiency can no longer be comprised with. The rise of e-commerce is visible in key regions like North America. The US department of commerce noted that e-commerce led growth for essential products as retail

Polyethylene foams Market To Grow at 6.1% CAGR during 2020-2025, Rising Demand f …

According to the United States Census Bureau, the retail e-commerce sales in the United States continue to skyrocket, and reached $209.5 billion in the third quarter of 2020. In the third quarter of 2020, e-commerce rose by 36.7% from the previous year. Moreover, these sales reached a record high of 14.3% of total sales. The increase in total sales amounted to 6.9% from previous year. E-commerce remains the key drivers

Healthcare Fabrics Market to Rise at 6.9% As Demand for Anti-Microbial Textile t …

The covid-19 pandemic has been a bittersweet saga for many players in the healthcare sector. On one hand, it has resulted in myriad of opportunities to care for new patients, new understanding about the rise of diseases; it has also resulted in some unfathomable losses. For example, according to the Centre for Disease Prevention and Control, each year 1.7 million patients in the US are affected by Hospital Infected Infections,

Oxygen Conserving Market to Reach $2.56 billion in Valuation by 2025, Rising at …

The global oxygen conserving devices market is likely to reach $2.56 billion in valuation, due to rising demand to treat large population covid-19 patients. According to Centre for Disease Control and Prevention or CDC, the US today is home to over 27 million coronavirus cases, and over 450,00 deaths. According to a 2020 study published in the New England Journal of Medicine, there is a chronic shortage of mechanical ventilators in

High Performance Thermoplastics Market to Grow at 8.1% CAGR during 2020-2027, Th …

The global high performance thermoplastics (HPTPs) market reached a notable valuation of USD 39.8 billion in 2018. Thanks to growing advancement in thermal engineering, and highly specialised application for thermoplastics, the market will grow at 8.1% CAGR during 2021-2027 period. The high performance thermoplastics are low volume, high-priced polymers that are ideal for application wherein high reliability, and resistance is essential. Hence, these are widely in used in industries

Global Concentrated Solar Power Market to Grow at Robust 9.5% CAGR during 2020-2 …

The global concentrated solar power market reached a valuation of $4.9 billion in 2019. The market is expected to witness robust growth, and register a notable 9.5% CAHR during the 2020-2027 period. Due to increasing concerns surrounding water scarcity, and lowering costs of Concentrated Solar Power (CSP), the market will open new opportunities for producers. CSP systems are known for their mirror-based application to generated concentrated heat. However, conventionally, their application

Global Oil and Gas Storage and Transportation Market to Grow at 5.7% CAGR, as De …

According to the International Energy Agency (IEA), the global oil supply rose from 0.2 million barrels per day to 91.2 million barrels per day in October 2020. The rising compliance to agreements with OPEC countries, and US recovery from hurricanes, and increased production in Libya have led to rising demand for increased oil logistics. Moreover, due to Covid-19, the IEA predicts increased uncertainty in supply chains, as key regions like

Global NLP and Transcription Services Market to Grow at Robust 26.1% CAGR during …

The global NLP and transcription services market reached a robust valuation $19.8 billion in 2019. Thanks to rising demand for transcription based digital assistants like Siri, Alexa, and horizon of 5G, and increasing automation, the market will likely register robust CAGR of 26.1% during 2020-2027 period. The landscape of the global NLP and transcription services market remains an innovative, and competitive field. Some key players in the market are Nuance

Enterprise Car Rental Market to Rise at 6.3% CAGR Due to Growing Demand for Luxu …

The global enterprise car rental market is expected to reach $123 billion by 2025, thanks to rising demand for domestic leisure travel. The market is expected to register a notable 6.3% CAGR during 2020-2025 period. The covid-19 pandemic has brought the aviation industry to a standstill, as increased demand for safety, and high-costs of fuels remain key barriers to air travel. On the other hand, the rental car industry is

Global Luxury Vehicles Market to Soar at 6.31% CAGR during 2021-2027, as Luxurio …

The global luxury vehicles market is expected to clock 6.31% CAGR during 2021-2027, as demand for tangible luxury propositions like a clean environment promises to drive growth. According to the Economic Times, luxury cars witnessed a 44.3% growth during the first three quarters of 2020, as opposed to 40% growth in the previous year. One of the top-most luxury vehicle brands, Mercedes Benz sold nearly 200,000 vehicles topping total vehicle

Medical Digital Imaging Systems Market Size Was Valued At USD 14.55 Billion In 2 …

A recent market research report added to repository of “Credible Markets” is an in-depth analysis of Global Medical Digital Imaging Systems Market. On the basis of historic growth analysis and current scenario of Medical Digital Imaging Systems market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data

Global Hydrogen Fuel Cell Vehicle Market Size Was Valued At USD 651.9 Million In …

A recent market research report added to repository of “Credible Markets” is an in-depth analysis of Global Hydrogen Fuel Cell Vehicle Market. On the basis of historic growth analysis and current scenario of Hydrogen Fuel Cell Vehicle market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data

Adhesive Films Market to Reach $76.7 billion in 2023, Rising Demand for Electric …

The adhesives films market is expected to witness major growth in the near future, as demand for electric cars will likely boost the application of adhesives which are ideal as sealants for various car components. These sealants promise to reduce costs significantly, make way for lighter components (a key requirement for the production of electric vehicles), and deliver key applications like reducing or replacing heavy mechanical fasteners in EV battery

Global Joint Replacement Devices Market To Reach $25.3 Billion By 2027, Rising D …

The global joint replacement devices market is expected to register robust growth during the 2021-2027 period, thanks to rising demand for joint replacement surgeries which are expected to touch 4.5 million total surgeries by 2030. According to the Centre for Disease Prevention and Control (CDC), the total number of knee arthroplasty surgeries amounted to 332,000 in 2010, while total hip arthroplasty surgeries amounted to over 332,000 in the same year.

Laser Probes Market Analysis 2021: Size, Share, Sales, Growth, Revenue, Type, Ap …

A recent market research report added to repository of Credible Markets is an in-depth analysis of Global Laser Probes Market. On the basis of historic growth analysis and current scenario of Laser Probes market place, the report intends to offer actionable insights on Global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools

Global Gym and Health Clubs Market to Reach USD100 Billion by 2024, Rising Deman …

Growing demand for physical fitness continues to drive growth for the global gym and health clubs markets. The market is expected to touch nearly USD 100 billion by 2024, thanks to rising interest in personal well-being among millennials. Various studies continue to point towards growing health consciousness among millennials. The millennial generation visits the gym more often as compared to the previous generation and consumes less alcohol and drinks on

Global Rubber Additives Market to Grow at 5.7% CAGR, Graphite-based Electric Veh …

The global rubber additives market is expected to rise at a significant CAGR of 5.7% during the 2021-2027 periods, thanks to promising technological advancements in materials like graphite. The rising demand for new advancements like electric vehicles in tire manufacturing and promising opportunities in the manufacturing of electric vehicles like the ballistic field-effect transistors promise robust growth. The rubber additives are essential for achieving large area pressure sensor arrays to

Global E-Commerce Payment Gateways Market to Grow at Robust 24.5% CAGR, Rising D …

The global e-commerce payment gateways market reached nearly USD 20 billion in 2019 and is expected to grow at 24.5% CAGR during the 2021-2027 period. The rising digitalization during the coronavirus worldwide lockdowns, subsequent growing demand for online transactions, and increased innovation are likely to drive robust growth for the market. The worldwide lockdowns have led to the emergence of cashless transactions around the world with options like cash pooling,

Global Organic Rice Market to Harvest Grow at Strong 7.7% CAGR, Rising Demand fo …

The global organic rice market reached over USD 1500 million in 2019. The market is expected to witness strong growth in the near future, thanks to a growing demand for functional and healthy foods in key regions like the United States. According to the United States Agriculture Department (USDA), the demand for organics has skyrocketed in recent years, with 3 out of 4 grocery stores keeping up with demand, and

Global Paediatric Healthcare Market to Grow at Robust 4.72% CAGR, as Treatment f …

The global paediatric healthcare market will reach USD 153300 million by 2024, thanks to rising demand for chronic illnesses. The segment witnessed the fastest growth in the recent past, with CAGR rising at over 8.5%, much above the total CAGR for the paediatric healthcare market. The rising treatment options for chronic care remains a promising opportunity for global investors, with a significant rise in innovation, research, and complementary technology. Some

Global Industrial Bulk Packaging Market to Witness Notable Growth at 4.3% CAGR, …

The global industrial bulk packaging market reached USD 21.5 billion in 2018. The market is expected to register a notable growth rate of 4.3% CAGR during the 2021-2027 period, thanks to the growing demand for the industrial sector, and e-commerce. The rising demand for e-commerce remains a key driver for industrial bulk packaging as major e-commerce players bring in promising efficiency through wholesale retailing to global consumers. The advancements

Functional Foods Market to Reach $283.7 Billion by 2025, Strong CAGR of 8.1% Pro …

The functional foods market is likely to grow at a robust 8.1% CAGR during the 2021-2027 period, as demand for carbohydrates remains a promising driver. Rise in awareness about fitness, and the growing importance of carbohydrates to keep in check symptoms like high-cholesterol promises major growth for the functional foods market. In 2020, LCAN (Low-Carb Action Network), a major coalition of consumers, doctors, and academicians came together to urge the government

Global Topical Drug Market to Grow at Robust 7.4% CAGR during 2021-2027 period, …

The global topical drug market is expected to witness tremendous growth during the 2021-2027 period, due to growing demand for skin treatments, and increasing cases of eye disease. Moreover, the market is also witnessing a major surge in therapies like HRT or hormone replacement therapy. According to the Centre for Disease Prevention and Control (CDC), the HRT treatments were used by almost half of all women after menopause. The CDC

Online Education Market to Grow at 9.37% CAGR, Rising Demand for Higher Educatio …

The global online education market is expected to reach $337.83 billion in 2025, rising at 9.37% CAGR during the 2021-2025 period. The increased penetration of mobile devices around the world, the growing demand for higher education, and quality certification programs for working professionals and convenience offered by online learning remain key drivers of growth. The online education market continues to make tremendous progress thanks to technological advancements like lowering costs

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