Next Generation Stevia Market Estimated to Expand at a Robust CAGR over 2018 – 2028

Growing number of health-conscious consumers across the globe today are demanding for food products offering natural sweetness with reduced calorie content. Sweeteners are added to number of food products including, beverages, bakery, desserts, confectionary, sports nutrition and others thus resulting in their increasing consumption. Next generation stevia is produced from the fermentation process rather than extraction. Several genetic innovation studies have identified Reb D and Reb M glycosides as chemical compounds present in stevia leaf that are responsible of giving the plant its sweetness. Reb M also delivers superior flavor profile in comparison to other steviol glycosides present in stevia leaf, thus contributing toward the global next generation stevia market growth. These glycosides are the sweetest component of the plant and are used in several application areas. The global next generation stevia market is expected to witness significant increase in the near future owing to its better sweetness and aftertaste.

Increasing Demand for Processed Food Products is driving the Market for Next Generation Stevia:

Carbonated drinks and other beverages have long been remained in the scrutiny due to their high sugar content. To reduce the consumption of sucrose and other artificial sweeteners, various chemically synthesized low-calorie sweeteners are trending in the food and beverages industry currently. However, consumers inclination towards the natural ingredients along with demand for healthy food products is been one of the trending concept globally which is pushing the penetration of zero calories, non-GMO sweeteners including, next generation stevia. Increasing number of manufacturers have increased their presence in the production of next generation stevia market in the recent years in order to bring high-intensity next generation stevia sweetener without compromising the taste in the marketplace thus pushing the revenue generation. For example, in 2017, Ingredion, in partnership with SweeGen Inc., launched BESTEVIA Reb M stevia leaf sweetener in the US and Canada thus, entering into the production of next generation stevia.

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Global Next Generation Stevia: Market Segmentation

On the basis of form, the global next generation stevia market has been segmented as –

• Liquid
• Powder

On the basis of application, the global next generation stevia market has been segmented as –

• Bakery
• Confectionery
• Cereal Based Products
• Dairy Products
• Beverages
  • Carbonated Beverages
  • Juices
  • Others
• Nutraceuticals/ Pharmaceuticals
• Others

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Global Next Generation Stevia Market: Key Players

Some of the key players operating in the global next generation stevia market are Cargill, Incorporated, PureCircle,  GLG Life Tech Corporation, Ingredion Incorporated, SweeGen among others. Global rising demand for natural sweeteners coupled with rising obese and diabetic population has resulted in introduction of sweeteners delivering sugar like sweetness and zero calories without any side effects thus creating market opportunity for next generation stevia based sweeteners. Such next generation stevia sweetener offers feasible pricing, sustained availability and consistent quality.

Global Healthcare Cloud Computing Market to Witness Comprehensive Growth US$12,653.4 million in 2020

According to a new market report published by Persistence Market Research “Global Market Study on Healthcare Cloud Computing: Hybrid Clouds to Witness Highest Growth by 2020” the global healthcare cloud computing market was valued at USD 4,216.5 million in 2014 and is expected to grow at a CAGR of 20.1% from 2014 to 2020, to reach an estimated value of USD 12,653.4 million in 2020.

 

Healthcare cloud computing refers to a process which involves delivering hosted medical services to the clients. These services can be classified into majorly three types: infrastructure-as-a-service, platform-as-a-service, and software-as-a-service. A cloud can be public, private, hybrid or community in nature.

  

Globally, the healthcare cloud computing market is witnessing significant growth due to increased government healthcare IT spending and advanced features of cloud computing services In addition, rising demand for better healthcare facilities, increasing in popularity of wireless and cloud technologies are driving the healthcare cloud computing market. However, factors such as high cost involved in the implementation of clinical information systems and lack of security and privacy of patient’s information restrain the global market for healthcare cloud computing market. In addition, interoperability issues negatively impact the growth of the healthcare cloud computing market. The global healthcare cloud computing market is estimated at USD 4,216.5 million in 2014 and expected to reach USD 12,653.4 million in 2020, growing at a CAGR of 20.1%.

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North America has the largest market for the global healthcare cloud computing market. This is due to technological advancements in the region. North American market for healthcare cloud computing is estimated at USD 1,857.5 million in 2014 and is expected to reach USD 5,757.7 million in 2020, growing at a CAGR of 20.7%. In terms of deployment model, hybrid clouds are the fastest growing segment. In terms of service model, software-as-a-service (Saas) is the largest segment of healthcare cloud computing market.

 

One of the latest trends that have been observed in the global healthcare cloud computing market includes increasing use of mobile devices for delivering healthcare services.

 

Microsoft Corporation and International Business Machines Corporation are some of the leading players in the global market for healthcare cloud computing market. Some of the other major players in healthcare cloud computing market are Agfa-Gevaert N.V., CareCloud Corporation, Dell Inc, ORACLE CORPORATION, GE Healthcare and Merge Healthcare Incorporated.

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Smart Grid Sensor Market Foreseen to Grow exponentially over 30.3% CAGR During 2017-2025

The global energy sector is transitioning into intelligent, efficient network of power supply, and smart grids are actively replacing conventional power grids across the world. The demand for smart grid sensors grows in parallel with surging adoption of smart grid technology. In today’s day and age, detection and monitoring operations have helped save potential losses worth millions of dollars. Therefore, smart grid sensors are also expected to gain surplus demand in tomorrow’s energy industry. Persistence Market Research’s latest report on the global market for smart grid sensors projects that the market, which is presently valued at a little over US$ 128 Mn, will soar at a stellar CAGR of 30.3% to bring in US$ 1,447.3 Mn in revenues by the end of 2025.

Key findings in the report exhibit that the global smart grid sensors market will have a steadfast growth during the assessment period, 2017-2025. In this period, the dynamic growth of the global smart grid sensor market will be impacted by several factors, among which following have an enduring influence:

Extreme Weather Conditions: Severe climate and harsh environment is disrupting the operational efficiency of smart grids, compelling the deployment of thermal sensors that can detect temperature differences and adapt to drastic weather changes, particularly in the US.

Electricity Thefts: Rising incidence of electricity thefts in developing & underdeveloped regions is driving the adoption of smart grids. In Latin American countries, power authorities are monitoring such malpractices with help of sensors that identify faux power glitches.

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Proliferation of IoT: Internet of Things (IoT) is influencing the sales of smart grid sensors but remuneratively. Presently, utilities companies in Europe are looking to leverage IoT to improve development and operation of smart grids by connecting unique devices, which will end up creating an intelligent & self-sustained energy ecosystem.

Ineffectiveness of older power grids, increasing energy demands, and implementation of smart metering systems has also propelled the global demand for smart grid sensors. According to the report, titled “Smart Grid Sensors Market: Global Industry Trend Analysis 2012 to 2016 and Forecast 2017–2025,” rising concern regarding safety & security of smart grids, and high implementation costs of smart grid sensors is likely to impede the global market’s growth, but to a certain extent.

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Based on the region, Latin America’s smart grid sensors market is projected to exhibit a relatively high growth, registering a robust CAGR of 36.1%. The demand for voltage/temperature sensors, in particular, is projected to remain high throughout the forecast period. The report estimates that in 2016, more than 40% of global smart grid sensor revenues were accounted by sales of voltage/temperature sensors. In terms of application, smart energy metering is expected to dominate with more than 40% share, while revenues amassed from other applications such as lead management, energy storage and renewable energy will be registering a speedy growth at 38.1% CAGR. The report also profiles key participants in the global smart grid sensors market, which include ABB Ltd., Aclara Technologies LLC, General Electric Company, Honeywell International Inc., Eaton, Toshiba Corporation, Networked Energy Services Corporation, QinetiQ Group PLC, Torino Power Solutions Inc., Sentient Energy, Inc., ARTECHE, Siemens AG, Ingenu Inc., GIPRO GmbH, GRID20/20 Inc.

Silicon Photonics Market to Observe Strong Development by 2015 - 2021

Silicon photonics refers to the application of photonic systems using silicon as an optical medium. The silicon material used in such photonic systems is designed with sub micrometer precision and is deployed into the microphotonic components. The silicon photonics systems works at the wavelength of 1.55 micrometer that falls under the infrared spectrum and is most commonly used for optical communications. Silicon photonics combines technologies such as complementary metal oxide semiconductor (CMOS), micro-electro-mechanical systems (MEMS) and 3D Stacking. The basic operation of silicon photonics includes the transfer of data as optical rays between the computer chips. Silicon photonics is basically an approach for designing optical devices using silicon and use photons to transfer enormous data at high speeds. Additionally, this technology enables data transfer at low power consumption over an optical fiber. Moreover, silicon photonics satisfies the mounting need of high data transfer rate and enhances the capabilities such as computational and processing needs of data centers.

Pressing bandwidth, cloud computing performance needs for data centers, virtualization, fast-growing internet traffic and other intensive data are the key factors driving the growth of silicon photonics market. Silicon photonics are majorly used in telecom, datacom, consumer applications (connecting laptops, PCs, HDTVs), datacenters and high performance computers, commercial video, metrology and sensors, medical, military and aerospace. Data communication is one of the major market share holders and it dwarfs all other silicon photonics application. In addition, features such as low environmental footprint, low heating of components, low operating cost, high optical functions integration, high density of interconnects, low error rate and spectral efficiency are adding value to the silicon photonics products. Thus, these factors are expected to drive the market of silicon photonics in the coming years. However, the major challenges such as technical mismatches with high volume markets and availability of substitute technologies such as vertical-cavity surface-emitting laser (VCSEL) are expected to hinder the growth of silicon photonics market. 

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The silicon photonics based systems deploy several components such as wavelength division multiplexer filters, optical modulators, optical interconnects, silicon photonic waveguides, silicon LED's and silicon photo-detectors. The silicon photonics systems exhibits physical properties such as optical guiding and dispersion tailoring, Kerr non-linearity, two-photon absorption, free charge carrier interaction, second order non-linearity and the Raman effect. These properties govern the propagation of light through an optical medium. Silicon photonics technology is used for providing optical interconnects, optical routing and signal processing. Moreover, with technological advancement it is expected that this technology will widely be deployed for long range communication applications over the coming years. Silicon phonics finds its applications in several industries such telecommunications, IT, sensing and metrology, healthcare, consumer electronics and displays, and research and development.

Countries with high level of technology adoption and advancement across North America and Europe are the leading markets for silicon photonics. Moreover, Asia Pacific market is expected to witness rapid technological upgrades and thus serves as an opportunity for this market in the coming years. The ongoing use of silicon for developing integrated circuits and the compatibility of silicon photonics technology with the existing fabrication techniques encourages several research institutes and large players in the electronic manufacturing industry to adopt silicon photonics technology. Leading players in silicon photonics market are Luxtera, Molex Inc., Mellanox Technologies, Northrop Grumman, Global Foundries, Altis, Texas Instruments, BAE Systems, TSMC, Avago Technologies, LightWire, Intel, Teraxion, Infinera, Color Chip, Fujitsu, Cisco, HP, IBM, NTT, Oracle, Leti, imec, ePIXfab, Scorpios Technologies, Caliopa and Aurrion among others.

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Online Advertising Market to See Incredible Growth During 2015 - 2021

Online advertising is likewise known as internet advertising or digital advertising which makes usage of the cyberspace to communicate the promotional marketing message to the customers.

The online advertising term is broadly categorized on the basis of types of advertising which includes search engine optimization (SEO), banner marketing, search engine advertising (SEA), email marketing, online video advertising, local online advertising, social media optimization (SMO) strategies and additional types of online advertising. These online advertisings appear on the internet more often than traditional advertising media such as television and newspapers.

Search engine advertising and pay per click marketing are the fastest evolving advertising concepts for numerous assortments of businesses. Pay per clip is comparatively simple and effortless to carry out scalable, enormously cost efficient and in house. PPC is a huge component of effective and efficient online advertising for the business.

Online advertising uses numerous tools and techniques for online marketing functions which include sales CRM, e-commerce, e-mail, marketing automation, WCM, social CRM and web analytics. All these software tools collectively facilitate an organization to develop and implement effective and efficient marketing strategies.

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The global online advertising market continues to rise in tandem with the global internet user base, social networking websites, income and widespread adoption of broadband. The industry is being motivated by mobile internet activity, increasing attractiveness and fame of mobile devices which includes tablets and smart phones that are proving to be beneficial.

The main factors that are driving the online advertising market are increased focus on digital media, cost effective, smart phone penetration, advertising by content providers and rising numbers of advertisers on social networking sites. The main factor that is restraining the growth of online advertising are lack of skilled personnel and still use of tradition advertising factors such as television and newspapers. The main opportunity for the growth of online advertising in future would be the emergence of SAAS based solutions.

The online advertising market is segmented on the basis of advertising sectors which include online classifieds, search, directories, and general advertising. In addition, the market is segmented on the basis of its mode of interaction which includes web sites, commercial online services, email providers, as well as other companies selling online advertising. Further, the online advertising is segmented on the basis of end use industry which includes BFSI and automotive industry among others. Furthermore, the market could be segmented on the basis of geography which includes North America, Europe, Asia-Pacific and RoW.

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The North American region dominates the market of global online advertising industry and is remain the market leaders in future as well. Asia Pacific region is expected to be the biggest emerging market for online advertising because of the large customer base.

Some of the major companies that are dominating in the online advertising market include IBM Corp., SAP AG, Oracle Corp., Salesforce.com Inc., Aplicor LLC, Adobe Systems Inc., ComScore Networks Inc., Ebay GSI Commerce, Lithium Technologies Inc., Demandware Inc., Attensity Corp., Microsoft Corp., LongJump CRM, OpenText Corp., StrongMail Systems Inc., Percussion Software Inc., Zoho CRM Inc., Yahoo Analytics, SugarCRM Inc., Netsuite Inc. and Sitecore Inc. among others.

Traffic Management Market to See Incredible Growth During 2015 - 2021

The rising global population is increasing the number of vehicles plying on the roads, thus increasing the traffic-density and incidences of road accident. A sound traffic management system needs to be in place in every country, with industrialization speeding up. Increasing employment further boosts demand for such systems wherein the economically population can manage their time efficiently.  

Traffic management systems offer real-time data and ability to analyze and respond immediately . Based on solutions, the traffic management market can be classified into five categories, namely extra low voltage (ELV) solutions, intersection controllers, full pedestrian solutions, LED signal retrofit solutions, and parking space and ticketing management solutions. Based on detection systems, the traffic management market can be segmented into three categories, namely above ground pedestrian and vehicles detection, loop detection and closed circuit televisions (CCTV), and automatic number plate recognition (ANPR) systems. Based on displays, the traffic management market can be segmented into three categories, namely variable or dynamic message signboards, vehicle information terminals, and others.

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   The key drivers of the global traffic management market include increasing urbanization, government initiatives to modify traffic infrastructure, and growing public concern for safety. The increasing urbanization is have been escalating the traffic density levels making tough commuting for the common masses . According to the United Nations, 54% of the global population lives in urban areas. The global urban population is expected to reach 66% by 2050, with key contribution coming from India, China, and Nigeria. While developed countries have been rapidly modifying their traffic infrastructure, developing countries are incorporating changes in their traffic management systems. The traffic management market also uses cloud services  to assist vehicle drivers with all necessary information. With the increasing emergence of smart cities, opportunities for the global traffic management market is increasing. Some of the ongoing smart cities projects include Amsterdam smart city, Masdar City, Planit Valley, Guangzhou Innovation City, Songdo Ibd, Yokohama Smart City Project, Smart City Wien, Smart City Kochi, and Smart City Malta.  

Other projects include Smart Parking Project Montreal (Canada), Chennai-Nashri Tunnel (India), Elizabeth River Tunnels (The U.S.), Rohtang Tunnel (India), Deep Dredge Project (The U.S.), and Johnson County Gateway Interchange Project Kansas (The U.S.).  

Restraints associated with the traffic management market include heavy capital investment, infrastructural legacy systems, and traffic hindrance due to transformation downtime. Due to lack of funds, governments in underdeveloped and developing countries refrain from investing in new technologies for traffic systems. Many of the urban areas in these countries do not have traffic lights.  However, some of these countries have started including basic forms of traffic management systems such as CCTV cameras .    

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North America dominated the global traffic management market in 2013, followed by Europe. The traffic management market is competitive due to the presence of a large number of players. The key players in the global traffic management market include Accenture, Affiliated Computer Services, Inc., Alstom SA, Cisco Systems, Inc., Cubic, ESRI, GE Transportation, IBM, Indra, Ineo, Kapsch, LG CNS, Schneider Electric, Siemens, and Thales.

Mens Grooming Products Market to Expand with Significant 8.4 % CAGR through 2016 - 2024

With nearly 40% revenue share, Europe will continue to remain the most attractive market for men’s grooming products. Germany, France, and the UK remain the top three markets, collectively accounting for over half of the revenue share of the Europe men's grooming products market. North America, the second largest market globally, will rake in US$ 29 Bn in revenues by 2024. In terms of market value, the US$ 54 billion global market for men’s grooming products will expand at a CAGR of 8.4% through 2024.

Key Regional Findings

• In North America, shave care products and fragrances will be the top-selling men’s grooming products
• The market in Asia Pacific will continue to post steady gains on account of rapidly growing sales in China

Persistence Market Research’s study on the global men’s grooming products market has been compiled in the report titled “Global Men’s Grooming Products Sales Estimated to Reach US$ 104,199.2 Million by 2024 End; Europe’s Revenue Share to Remain Dominant.” Personalized shopping through e-commerce outlets has been identified as a key driving factor men’s grooming products globally. Increasing FDI in e-tailing businesses is further urging manufacturers of men’s grooming products to intensify their distribution operations through online retail channels. Easy accessibility and low costs are key factors for the rising men’s grooming products sales through e-commerce and online retail websites. Over the forecast period, online distribution channels will give rise to an absolute increment of more than US$ 12 billion. Nevertheless, sales of men’s grooming products through supermarkets and independent retail outlets remain key for companies looking to improve their sales potential by catering to impulsive buying and focusing on customer rapport.

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Product Insights: Beard is in Vogue

Globally, the sales of men’s shave care products such as trimmers will be way higher than any other types of grooming products. Being the highest-selling products in the global market, consumption of men’s shave care products will be valued at over US$ 40 billion by the end of 2024. Subsequently, men’s grooming products sales under fragrances will account for nearly 35% of the global market over the projected period. Hair care products sales will register a market value share of about 10%, while the demand for men’s toiletries will be pared down as compared to the above types of grooming products.

Pricing Trends and Vendor Landscape

Higher disposable incomes don’t necessarily instrument higher sales of men’s grooming products in the premium price range. Half of the global men’s grooming products revenues are concentrated in the mid-price range, with over 7,000 million expected to be sold globally over the forecast period.

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Procter & Gamble Co. will retain its competitive position as the global leader in shave care products. Independently, the company will also be dominant in the overall global men’s grooming products market by accounting for more than 10% market share. However, local manufacturers of men’s grooming products will collectively dominate the global market by accounting for nearly one-third of its market value. Accordingly, acquisition of such native players will be a strategic measure of expanding market presence for global leaders in consumer goods. Johnson & Johnson Private Limited, Koninklijke Philips N.V., ITC Limited, Coty Inc., Unilever PLC., Colgate-Palmolive Company, and Edgewell Personal Care Co., among others, are some leading manufacturers of men’s grooming products that intend to expand their businesses through acquisitions. Furthermore, L'Oréal S.A. and Beiersdorf AG are also some of the recognized players participating in the growth of the global men’s grooming products market.

Global Stevia Market to Record an Exponential US$ 565 MN Value BY 2020

Stevia has been used for centuries, traditionally, however, it became the recognized as a substitute for sugar in recent years. Stevia contains no calories or very small amount of calories, though it is enough sweet, which in turn makes it suitable as an ingredient in food and beverage production. Thereby, making it a feasible substitute for sugar. Stevia is gaining popularity in recent years as ingredient for food items. Japan started cultivation of stevia for commercial usage, in 1970s, Morita Kagaku Kogyo Co., Ltd. was the 1st market player that sold and marketed stevia commercially. The global stevia market reached nearly US$ 350 Mn in 2014. Additionally, the market is estimated to surpass US$ 565Mn by the end of 2020, exhibiting single-digit growth rate. In terms of volume, the sales of stevia, as an ingredient is anticipated to reach more than 8,500 tonnes by the end of 2020 increased from 5,100 tonnes in the year 2014.

The stevia rebaudiana bertoni leaves are being used for the industries to sugarcoat beverages over centuries. This plant is largest source of sweet ent-kaurene diterpenoid glycosides. However the key constituents are stevioside and rebaudioside.

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Factors Influencing Stevia Market

Increasing awareness of health benefits of low-calorie consumable products has led to increased demand for global stevia market, in recent years. In addition, encouraging initiative by government and rising consumer awareness is auguring healthy future of the global stevia market. Stevia has been a favorable ingredient for consumer as it has earned the tag of being effectively healthy product. The launch of some products that are based on the stevia is pushing forward the growth of the market and has been well appreciated by customers. Various health organizations advices use of minimum calories-based products in the daily diet, which will further fuel the growth of stevia market. Further, increasing demand for the natural ingredient products and antioxidants are other major factors that are driving the demand for stevia integrated products.

By Application Type

Based on application type, the stevia is segmented into beverages, packaged food products, table top sweeteners, bakery products, and food products. Among these, the beverages segment includes, soft drinks, energy drinks and hot drinks is anticipated to expand at higher growth rate throughout the assessment period. Similarly, the table top segment is also estimated to expand at high single-digit CAGR through end of forecast period. The segment is projected to procure healthy market share through end of forecast period.

Region-based Segmentation

On the basis of region, the report reveals that the North America and Asia Pacific excluding Japan (APEJ) are anticipated to continue to retain their dominance in the market over the forecast period. Moreover, while the APEJ exhibits significant market growth, the stevia market in North America is projected to record a high CAGR of single-digit throughout the assessment period. In terms of production capacity and export capacity of stevia, China will secure unique lead among rest of the economies in the world. Large availability of skilled labors and minimum manufacturing cost are the key factors that are fueling the growth of the stevia market in APEJ. Moreover, Latin America is projected to exhibit sound growth through forecast period-end.

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Global Electronic Access Control Systems Market to Record Sturdy Growth USD 31,187.8 million in 2019.

Persistence Market Research Released New Market Report on “Global Market Study on Electronic Access Control (EAC) Systems: Biometric Systems to Witness Highest Growth by 2019,” the global Electronic Access Control systems market was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.

Increasing crime and terror attacks demand high-end security. Need for better security systems to tackle fraudulence, illegal immigration, and criminal activity has propelled governments to invest in better security systems. Among which Electronic Access Control system stands apart from other security system. Rising terrorist attacks, vandalism, and violence in public places such as city centers, educational institutions have made security as one of the major concerns for every individual, organizations and government agencies. Advantages such as high accuracy, convenience, and time efficiency of Electronic Access Control (EAC) systems increase its attractiveness in the global security market. Rising terrorist attacks, vandalism, and violence in public places such as city centers and educational institutions are some of the factors leading to increasing demand for Electronic Access Control systems market. According to Study of Terrorism and Responses to Terrorism (START), one of the world’s top terrorism trackers, 2012 witnessed 69% rise in terror attacks and 89% increase in fatalities caused by them over 2011. Increasing crime and terror attacks demand high end security.

Increasing international trade and privatization have influenced the government and private sector to invest in better infrastructure facilities. Construction of roads, residential buildings, healthcare centers and educational institutes are expected to increase in the coming future increasing the demand for EAC system market in order to attain better security levels. Local and national government have instructed the private sector to invest in security systems for the prevention of population and property from illegal acts.  Mobile device with advanced sensor technologies is currently generating a shift toward biometrics system. EAC system is bifurcated into three major technologies, authentication system (biometric and card based authentication system), intruder alarm system and perimeter security system (free standing, buried cable and fence mounted security system) and end-user segment (government, commercial, industrial and residential).

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The global market for EAC system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013, and is expected to grow to USD 31.2 billion in 2019 growing at a CAGR of 12.6%. The authentication system (largest market in 2013) increased by 13.1% CAGR during 2009-2013 to reach USD 11.7 billion in 2013. The Asia-Pacific EAC systems market is expected to record the highest CAGR growth of 16.7% to reach USD 9.6 billion in 2019. Usage of EAC system in commercial sector (largest end-user in 2013) increased by 13.9% CAGR during 2009-2013 to reach USD 4.6 billion in 2013.

The EAC system market is fragmented with several players operating at a global or regional level, supplying EAC system products (authentication system, intruder alarm system and perimeter security system). Some of the companies operating globally and providing products under all three categories are United Technologies Corporation, Tyco International Ltd., Godrej Industries Limited, and Cisco Systems, Inc. There are companies which operate globally and provide products under two categories such as Safran SA (authentication and intruder alarm system), 3M Cogent, Inc. (authentication and perimeter security system), Panasonic Corporation (intruder alarm and perimeter security), and Honeywell International Inc. (authentication and intruder alarm). Some companies operate on the global level and provide only one EAC system product such as Siemens AG (authentication system), Hitachi Ltd. (intruder alarm), and Magal Security

Systems Ltd. (perimeter security system).

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Clinical Nutrition Market to Perceive Substantial Growth USD 48.6 Billion in 2020

According to a new market report published by Persistence Market Research “Global Market Study on Clinical Nutrition: Infant Nutrition Segment To Witness Highest Growth by 2020,” the global Clinical Nutrition market was valued at USD 36.9 billion in 2013 and is expected to grow at a CAGR of 4.1% from 2014 to 2020, to reach an estimated value of USD 48.6 billion in 2020.

Nutrition provides human beings with the required amount of proteins, carbohydrates, fats, water, vitamins, and minerals essential for proper cellular functioning and physiological activities and to maintain energy balance in the body. Rise in the number of victims of malnutrition receiving treatment, high birth rate, and high number of premature births are some of the important factors driving growth of the clinical nutrition market. Malnutrition is a widespread problem affecting the lives of millions of people globally. It is a condition that occurs due to deficiency of essential nutrients in the body. In 2010, around 40% of all hospital patients across the world were malnourished. In Europe, around one-third of all hospital patients were malnourished in 2012. Clinical nutrition is the most efficient way to treat malnutrition and avoid associated costs. 

Additionally, high birth rate as well as the high number of premature births is expected to drive the global clinical nutrition market. Countries such as India and China have high birth rate, which is expected to boost the demand for clinical nutrition products, especially that of infant nutrition products. According to the World Bank Group, the birth rate was highest in India (around 21.0 per thousand people), followed by China (12.0 per thousand people), in Asia Pacific in 2012. The U.K. (13.0 per thousand people) and France (13.0 per thousand people) had the highest birth rate in Europe in the same year, while in the U.S.; it was 13.0 per thousand people.

Asia Pacific is the largest market for clinical nutritional products globally. Increasing birth rate paired with increasing geriatric population is driving the clinical nutrition market in the Asia Pacific region. Some of the major factors contributing the growth of clinical nutrition market in North America include Increase in consumer awareness about health and wellbeing paired with increasing healthcare cost. Growing aging population coupled with high birth rate in some European countries, such as the U.K. and France, are driving the clinical nutrition market in the region.

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In this report, the clinical nutrition market is bifurcated into product type (infant nutrition, enteral nutrition, and parenteral nutrition) by value (USD billion), type of infant nutrition (milk-based, soy-based, organic, probiotic/prebiotic, and others) by value (USD billion), type of enteral nutrition (standard, and enteral nutrition for chronic illnesses) by value (USD billion), and region North America, Europe, Asia Pacific and Rest of the World.

Global clinical nutrition market grew from USD 32.3 billion in 2010 to USD 36.9 billion in 2013 at a CAGR of 4.5%. Under regional segment, the Asia Pacific clinical nutrition market (largest market in 2013) increased by 4.8% CAGR during 2010-2013 to reach USD 15.3 billion in 2013.

The global clinical nutrition market is highly concentrated with four players accounting for approximately 69% of the market share. Nestlé SA led the market in 2013. Others major players operating in the global clinical nutrition market are Baxter International, Inc., Abbott Laboratories, B. Braun Melsungen AG, H. J. Heinz Company, Groupe Danone, Mead Johnson Nutrition Company, Fresenius Kabi AG, Hospira, Inc. and Perrigo Company Plc.

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Chocolate Market to Perceive Substantial Growth During 2024

Chocolate is one of the most profitable components of the confectionary industry globally. The chocolate industry has been representing a multibillion dollar market since the past decade and is expected to reach new levels of growth within the next few years. Rising awareness about health benefits of consuming a chocolate on a daily basis, will remain a key booster to the global chocolate market over the next few years. The chocolate market registered a value of US$ XX Bn in 2016. During a five-year forecast period 2016-2024, the global market for chocolate is expected to witness a robust CAGR. A host of trends and opportunities that are currently driving the market are slated to shape up the market condition during the forecast period.

Global Chocolate Market: Drivers and Restraints

While developed countries represent established and thriving markets for chocolate, a shift in consumer taste preferences and rising spending on chocolate and other confectionary products are identified to be the major drivers to market growth, prominently in developing countries. Increasing urbanization and widespread availability of chocolate and derived products will remain another key factor fueling the market for chocolate globally. Antioxidants-enrichment, blood pressure-suppressing character, and supposedly anti-aging properties of chocolate will remain the key factors propelling adoption of chocolate and chocolate products. Dark chocolate that contains a larger proportion of cocoa is especially recommended to prevent or slow down aging and certain diseases, such as CVDs. These and more similar perceived benefits of chocolate will continue to drive demand for chocolate in the global market.

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A few recent research findings indicate that chocolate consumption aids in looking younger as well as relieving stress, which are expected to further push the demand for chocolate. A sweeping range of new applications of chocolate in food and confectionary products are anticipated to escalate the demand, whereas wide acceptance of chocolate-flavored milk, drinks, bakery products, ice creams, functional foods, and liquor chocolates will sustain the demand throughout the next four years. Chocolates are still largely considered as an affordable luxury in some regions of the globe. Price-sensitivity may detain the penetration of chocolate market in some of the underdeveloped parts of the world. Moreover, the uncertain economy of the cocoa supply is likely to raise chocolate prices, which is foreseen to be a major challenge to market growth.

Global Chocolate Market: Trends and Opportunities

Seasonal and festive sales of chocolate are projected to surge in the next few years. Gifting chocolate hampers and bouquets are among some popular consumer trends in market, which will strongly favor the market over the forecast period. In addition, lucrative growth opportunities lie in handmade chocolates and signature chocolate-based products.

Some niche products, such as chocolate drinks, fudge, mousse, rolls, and sandwich are identified to be attractive revenue generators. Moreover, a variety in gourmet chocolate is also expected to present significant opportunities in the global chocolate market. Development of organic and fair-trade chocolate may completely change the market dynamics over 2016-2024

Global Chocolate Market: Segment Analysis

The global chocolate market is segmented on the basis of type and sale frequency.

By chocolate type, the market is classified as milk chocolate, dark chocolate, and white chocolate. Milk chocolate segment registered the largest market share in 2013, followed by dark chocolate.

Based on frequency of sale, the market is categorized as daily chocolate, premium chocolate, and seasonal chocolate. Daily chocolate, attributed to affordable price, has been a major segment over the years.

Global Chocolate Market: Regional Outlook

The global chocolate market is segmented on the basis of geography, into key four regions viz. North America, Europe, Asia Pacific, and rest of the world (RoW).

Presence of a large number of leading international chocolate brands and higher chocolate consumption will continue to account for the top market position of North America, especially the U.S. Europe will be another major market, led by the U.K. and Germany.

APAC, predominantly China and India, is however expected to emerge at the fastest rate over 2016-2024. This growth is attributed to soaring influence of the Western lifestyle and awareness about health benefits of chocolate. Seasonal and festive sales are likely to hold a strong foothold in developing Asian economies, such as India.

Global Chocolate Market: Key Players

Some of the key players participating in the global chocolate market, include Nestle SA, Fererro Group, Hershey Foods Corporation, Mondelez International (Cadbury), Mars Inc, Meiji Co Ltd, August Storck KG, Ezaki Glico Co. Ltd. and Arcor. A few other notable companies are Kraft Foods, Moonstruck Chocolatier Co., and Ghirardelli Chocolate Co.

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Dietary Supplements Market to Perceive Substantial Growth US$ 179.8 Billion, Globally in 2020

According to a new market report published by Persistence Market Research “Global Market Study on Dietary Supplements: Botanical Supplements To Be The Largest Market by 2020,” the global dietary supplements market was valued at USD 109.8 billion in 2013 and is expected to grow at a CAGR of 7.4% from 2014 to 2020, to reach an estimated value of USD 179.8 billion in 2020.

 

A growing interest in a healthy lifestyle is leading to an increase in the consumption of healthy food. Dietary supplements are the best choice for consumers looking to adopt a healthy lifestyle. People across various age groups consume dietary supplements to meet their recommended dietary allowances. Dietary supplements are available in different forms, such tablets, pills, powders, capsules, gelcaps, and liquids. Dietary supplements such as vitamin, botanical, mineral and fatty acid help consumers stay healthy and prevent nutritional deficiency diseases. Rising aging population, increasing lifestyle diseases and increasing healthcare cost are some of the important factors driving the growth of the dietary supplements market.

 

Asia-Pacific is the largest market for dietary supplements globally. Consumer awareness about the benefits of dietary supplements and wide product availability are the major drivers for the market in Asia Pacific. The increase in disposable income allows customers to spend more on healthy food items. According to the National Bureau of Statistics of China, annual per capita disposable income of urban households in China increased from USD 2,271.0 in 2008 to USD 3408.5 in 2012. The overall annual disposable income in India increased from USD 1,366.2 billion in 2010 to USD 1,587.6 billion in 2013. The dietary supplements market in North America is at mature stage compared to that in developing nations in Asia and Africa.

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In recent years, consumers have become more conscious of their diet. According to a survey conducted by the Council for Responsible Nutrition (CRN) in 2014, around 68% of adults in the U.S. use dietary supplements; of these, around 50% are regular users. Rising number of elderly people in North America is leading to a rise in demand for dietary supplements products. Over the last few years, the risk of chronic diseases and maintenance of health in old age have been the major health concerns leading to increased spending on dietary supplement products. According to the U.S. Census Bureau, in 2012, 40 million people in the country are aged 65 and above. Europe is the second-largest market for dietary supplement products. Recently, consumers in the region are showing great interest in leading healthy lifestyles, in turn, driving the consumption of healthy food. In the European region, Western Europe is the largest market for dietary supplements. Eastern Europe is considered to have higher future growth potential. Rising aging population, increasing lifestyle diseases, and growing healthcare costs are some of the important factors driving the growth of the dietary supplements market in the region.

 

The dietary supplements market is bifurcated into product (vitamin, botanical, mineral, fatty acids, and others supplements) by value (USD billion), application (food and beverages, pharmaceuticals, personal care, and others) by value (USD billion), and end user (adult women, adult men, senior citizens, and others) by value (USD billion).

 

Global dietary supplements market grew from USD 90.6 billion in 2010 to USD 109.8 billion in 2013 at a CAGR of 6.6%. Under regional segment, the Asia Pacific dietary supplements market ( the largest market in 2013) increased by 8.2% CAGR during 2010-2013 to reach USD 34.2 billion in 2013.

 

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Some of the major companies operating in the global dietary supplements market are NBTY, Inc., Koninklijke DSM N.V., Amway, Herbalife Ltd., Omega Protein Corporation, Bayer AG, Naturalife Asia Co., Ltd., Integrated BioPharma, Inc., Nu Skin Enterprises, Inc., BASF SE, Surya Herbal Ltd., Bio-Botanica Inc., The Himalaya Drug Company, Ricola AG, Pharmavite LLC, Blackmores Ltd., Epax AS, and Axellus AS.

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Organic Color Pigments Market Set to Record Exponential Growth by 2015 to 2021

Organic color pigments are materials which alter the color of transmitted or reflected light due to wavelength absorption. The process differs from phosphorescence, fluorescence and other types of luminescence, in which a material emits light. These pigments are used for the production of printing inks and are derived from the derivatives of coal tars, hence generally referred to as “Coal Tar Colors”, as compared to inorganic color pigments which are produced from mineral sources. Unlike inorganic color pigments, organic color pigments are described chemically by their complex ring structures. On the basis of their class, organic color pigments are segmented into azo pigments, high performance pigments, and phthalocyanines among others, where azo pigments dominate the industry. However, azo pigments along with phthalocyanines are also known by their limited profit margins due to strong competition from lower priced imports, while other pigments such as high performance pigments are known for having higher profit margins. On the basis of applications, organic color pigments are widely used in plastics, textiles, coatings and printing inks among others, where printing ink leads the industry. In addition to these, organic color pigments are also used in the automotive industry. After the global economic slowdown in 2009, the global market for automotives started to rise again, which has also been a prominent factors for the growing demand for organic color pigments.

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The global market for organic color pigments has been witnessing a noticeable increase due to growth of its application industries. The overall global industry for pigments manufactures significant amount of extender, colorant, and functional pigments for wide range of consumer and industrial applications. The relocation of the pigments market towards emerging economies such as Asia Pacific, particularly India and China has been a major trend observed in the industry. Since the past few decades, production of these pigments has rapidly increased in India and China with the latter becoming the largest manufacturer of organic color pigments, particularly for commodity pigments. However, the production scenario in emerging regions and economies such as United States, Europe and Japan is expected to be on a downward trend due to certain factors such as globalization of the market as well as reduction in profit margins resulting in plant restructurings and shutdowns. Moreover, as more finished pigments are being imported from China, market trends such as imports of unfinished pigments to Japan, Europe and North America for finishing is expected to fall down over the next few years.

Emerging economies such as China serves as the leading supplier of yellow and red azo pigments as well as their intermediates, while India is the leading manufacturer of green and blue phthalocyanine pigments and their intermediates. Over the years, the ink industries in Europe and North America have become largely dependent on raw materials and pigments from suppliers in Asia Pacific. In addition, prices of certain pigments have risen sharply due to several disruptions in the supply chain management of the raw materials. The fluctuation in the supply of the raw materials is likely to continue further as environmental practices of manufacturers in emerging economies such as India are expected to come under observation of various governmental bodies. This could lead to the closure of certain small and medium scale and non-complying manufacturers.

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Akzo Nobel N.V., Aarbor International Corporation, BASF SE, Pidilite Industries Limited and Toyo Color are some of the key manufacturers of organic color pigments present in the industry.

Sodium Glutamate Market Plying for Significant Growth During 2015 to 2021

Sodium glutamate commonly referred as MSG, also known as monosodium glutamate is sodium salt of glutamic acid. Sodium glutamate is available in the market through various trade names such as third spice, accent, ajinomoto and vetsin among others. Sodium glutamate is white crystalline powder which readily dissociates with water. Sodium glutamate is used as a flavor enhancer and food additive in numerous food products such as soups, sauces, baked goods, milk products, cheeses and meat products among others. MSG is common in Chinese and Japanese cooking. Sodium glutamate is manufactured through bacterial fermentation to which sodium is added in later stages. Sodium glutamate is classified by U.S. FDA as GRAS (generally recognized as safe) and food additive by EU. Sodium glutamate has the E number E621 and the HS code 29224220. Some of the pseudo synonyms for sodium glutamate include autolyzed yeast, sodium caseinate, and hydrolyzed protein among others. Sodium glutamate is also referred as Unami in Japan culture.

The market for sodium glutamate was mainly driven by food manufacturing industry where it is used as food additive. Food additive is the only application segment of sodium glutamate. Sodium glutamate used as flavor enhancer in variety of dishes such as barbeque sauces, salad dressings, sauces, seasoning mixtures, snacks, stock cubes, gravies, ketchup, soy sauce and canned meat among others. Sodium glutamate is commonly added to Chinese food products, Japanese recipes and fast foods among others. Increasing demand for Chinese food products coupled with rising demand for fast foods has been the major opportunity for the sodium glutamate market. However, health concerns, issues and symptoms such as headache, skin rash, nausea, tingling in the mouth among consumers are anticipated to hinder the market growth over the forecast period.

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In terms of demand, Asia Pacific was the leading region in sodium glutamate market in 2013. Asia Pacific is expected to be the fastest growing markets for sodium glutamate due to increasing demand for Chinese food products and fast foods from various regions such as India subcontinent, oceanic and Southeast Asia among others. China had the highest demand and production in sodium glutamate market in Asia Pacific region. China was followed by Japan who is second-largest consumer for sodium glutamate in this region. Asia Pacific was followed by North America. Increasing demand for Asian foods coupled with fast food products is driving the demand for sodium glutamate in this region. The U.S. had the largest demand for sodium glutamate owing to huge demand from food manufacturing sector. Europe had the third-largest demand for sodium glutamate market in 2013. Increasing demand for sodium glutamate from food manufacturing sector has been driving the market for sodium glutamate in Europe. The market for sodium glutamate in Europe is dominated by major countries such as Germany, the UK, France, Italy and Spain among others. Rest of the World market is anticipated to show positive outlook for the sodium glutamate market in near future. Latin America is likely to be major market for sodium glutamate in this region in next few years.

The market for sodium glutamate is highly concentrated in nature and the majority of the manufacturers have their facilities across the globe. Some of the key manufacturers in the sodium glutamate market are The Ajinomoto Company, Kyowa Hakko Kogyo Co Ltd and Vedan Vietnam Enterprise Corporation Ltd among others. The Ajinomoto Company is world’s largest manufacturer of sodium glutamate with manufacturing sites in Peru, Brazil, Japan, the U.S., China and France among others.

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