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Herbal Mascara Market Evolving Industry Trends and key Insights by 2025

Herbal cosmetics are considered as the modern trend and is widely consumed among the consumers in recent years. Herbal mascara is accepted widely among consumers and is used to increase the volume of eyelashes. When mascara is applied, the eyes look more prominent and voluminous. Compared to the other beauty products herbal cosmetics are safe to use as it does not contain synthetic chemicals. Rising income among the population and inclination toward better quality cosmetics has resulted in the rise in demand for herbal mascara over the years. Additionally, better awareness about harmful chemicals such as paraben and formaldehyde in cosmetics among the population has resulted in the increased demand for herbal cosmetic products in recent years. This in turn is triggering the growth rate of the global herbal mascara market. Thus, shift in consumer preferences has resulted in continuous research and development by manufacturers in order to develop new products. Proper certification of products is essential in order to develop herbal products.

The global herbal mascara market has been segmented on the basis of different forms, type, and distribution channel. On the basis of different forms, the global herbal mascara market has been segmented into liquid, cream, cake and other. Cake based form mascara is expected to show the fastest growth rate during the forecast period due to rising acceptance among consumers. On the basis of product type, the market has been segmented into different types such as lengthening mascara, curling mascara, volumizing mascara and others. Volumizing mascara is showing the fastest growth rate during the forecast period owing to the rising demand from the population. The global herbal mascara market has been further segmented on the basis of distribution channel such as online distribution channel and offline distribution channel. Offline distribution channel of the global herbal mascara has been further segmented into supermarkets and hypermarkets, convenience stores, drug stores, departmental stores and others. The online distribution channel is projected to exhibit the fastest growth rate during the forecast period due to convenience, high penetration growth of internet and presence of different brand options.

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Rising beauty consciousness and inclination toward chemical free cosmetics is resulting in the rise in demand for herbal mascara. However, lack of awareness among consumers regarding the benefits associated with the use of herbal mascara is restraining the market. Moreover, rising level of certification coupled with product innovation among manufacturers is resulting in expanding opportunities in the global herbal mascara market. Presence of strong distribution channels is also likely to generate opportunity to the global herbal mascara market during the forecast period.

In terms of region-wise study, the global herbal mascara market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America which comprises the U.S. and Canada has a significant share of the global herbal mascara market due to the rising awareness about harmful chemicals among consumers. Europe (specifically the U.K.), and Asia Pacific which comprises China, India, Japan, and Australia is tipped to show the fastest growth rate during the forecast period owing to the rising number of manufacturers and product innovation. Consumers in these regions are keen on better quality cosmetics with no harmful chemicals. Moreover, urbanization and rising population of working women is triggering the growth of the global herbal mascara market. Major importers in the global herbal mascara market include Hong Kong, China, Singapore, and Germany.

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The global herbal mascara market is highly fragmented in nature. Intense competition among manufacturers of herbal mascara results in strong product innovation coupled with proper certification. Some of the major industry players in the global herbal mascara market include Ecco Bella, Lotus Herbals Limited, Ulta Beauty Inc. Josie Maran Cosmetics, Au Natural Cosmetics, and Odylique among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Application Specific Integrated Circuit Market Competitive Landscape and Regional Analysis by 2024

Transparency Market Research has released a new and a comprehensive report on the global application specific integrated circuit market. As per this report, the application specific integrated circuit market is a highly competitive market, with the presence of several small and local market players. Moreover, most of the market players have their business presence scattered in various regional markets. According to this report, some of the major players operating in the global application specific integrated circuit market include Texas Instruments Inc., STMicroelectronics N.V., Infineon Technologies AG, Renesas Electronics, Analog Devices, Maxim Integrated Products Inc., NXP Semiconductors N.V., ON semiconductor, Qualcomm Inc., Linear Technology Corporation and Intel Corporation. These companies are concentrating on introducing new products in the market by following a process of a robust research and development. The above companies are also focusing on expanding their business by undertaking strategic acquisitions and this is one of their main strategies for cementing their position in this market.

As per the assessment of Transparency Market Research, the global application specific integrated circuit market was valued at US$ 18.7 Bn in 2017 and is slated to reach a valuation of US$ 35.2 Bn in 2024 end, reflecting a CAGR of 9.5% during the period of forecast 2017-2024.

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Vast Usage of Application Specific Integrated Circuits Boosting Market Growth

During the last few years, due to the technological advancements in the electronics and semiconductor industry, the array of applications for application specific integrated circuits have enhanced. Furthermore, developments in application specific integrated circuits in the form of miniaturization of the components, energy efficiency and reliability have led to increased utilization of such kind of circuits across various application segments. Uses of application specific integrated circuits have broadened to automotive electronics, industrial electronics, telecommunication, medical electronics, military electronics, aerospace electronics, and power electronics. In comparison to the previous uses of application specific integrated circuits, which were basically for electrical circuits and consumer appliances, the scope of use of such kind of circuits has significantly increased in the past few years. This has given a great boost to the global application specific integrated circuits market.

Intense Competition Amongst Application Specific Integrated Circuit Manufacturers Acting as a Restraint

The semiconductor industry as a whole is evolving. The manufacturers of application specific integrated circuits strive to design products that are smaller, faster and cheaper. Advancements in manufacturing technology have also lead to a rise in the number of transistors on a chip. Thus, better products with added features are entering the market on a regular basis. However, such technological advancements have fueled intense competitive rivalry among the various manufacturers of such kind of circuits. A newly launched advanced application specific integrated circuit becomes common within a matter of months due to such strong rivalry. Thus, companies developing such kind of circuits have to bear the brunt of fluctuating revenues and reduced profitability. After launching a new product, manufacturers cannot afford to wait and need to continuously strive to develop a better product. These factors may act as a restrain and slow down the growth of the global application specific integrated circuit market during the assessment period.

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Global Application Specific Integrated Circuit Market: Regional Outlook

Asia Pacific region dominates the global application specific integrated circuit market. The Asia Pacific application specific integrated circuit market was valued at US$ 13.4 Bn in 2017 and is slated to reach a valuation of US$ 25.6 Bn in 2024 end. Asia Pacific is also expected to be the fastest growing market during the period of assessment. The reason for the complete dominance of Asia Pacific in the global application specific integrated circuit market is that the region boasts of huge sales of consumer electronics and a huge middle class population with growing disposable incomes.

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Tiller Machine Market Explores New Growth Opportunities By 2026

The global tiller machines market is projected to grow at 2.6% CAGR and reach a valuation of US$ 2.68 Bn by 2026-end, according to a new research report by Transparency Market Research (TMR). Sluggishness in the global farm and garden equipment industry is likely to stymie the growth of the tiller machine market during the assessment period.

According to the report, the steady demand for tiller machines is on account of growing awareness among residential and commercial consumers on the benefits of tiller machines. Although demand for new equipment has waned over the years, leasing and renting are gaining traction, which is promoting the growth of the tiller machines market. It is anticipated that proliferation of garden equipment rental companies will create growth opportunities for players in the tiller machines market.

Front Tine Tiller Machines Account for Higher Demand than Rear Tine and Mini-Cultivators

Among the various types of tiller machines available in the market – front tine, rear tine, and mini-cultivators – demand for front tine tiller machines has been observed to be the highest. Front tine tillers are suitable for most of the gardening work in households, and are an affordable option than rear tine and mini-cultivators. They can be easily maneuvered in small and medium garden plots, along with gardens with tight corners. On the back of these factors, demand for front tine tiller machines has remained steady over the years, and during the assessment period, this segment is projected to grow at 2.1% CAGR.

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Electric Tiller Machines Projected to Reach US$ 1.32 Bn by 2026-end

On account of their range of benefits, including ease of use and convenience, electric tiller machines are becoming sought-after among residential and commercial consumers. Although hydraulic tiller machines currently account for a higher revenue share of the market, demand for electric tiller machines is likely to grow at a higher rate during the assessment period. By the end of forecast period, electric tiller machines are likely to reach a valuation of nearly US$ 1.32 Bn by the end of 2026.

9 Inch Wide Tilling Machines to Witness Highest Growth

Tiller machines are available in a different widths, ranging from 9 inches to over 36 inches. Currently, demand for 9 inch wide tilling machines is the highest, and 14 inch wide tilling machines second prominent segment among end-users. According to the report, demand for 9 inch wide tilling machines is likely to surpass US$ 490 Mn by the end of the forecast period.

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40 HP to 60 HP Power Capacity Tilling Machines Witnessing Highest Demand

The demand for 40 HP to 60 HP power capacity tilling machines is the highest among end-users, and the status quo is likely to remain unchanged during the assessment period. 40 HP to 60 HP power capacity tilling machines are suitable for a wide range of gardening equipment tasks in households. By the end of forecast period, the 40 HP to 60 HP power capacity tilling machines segment is likely to reach a valuation of US$ 896 Mn by the end of the forecast period.

Sluggishness in Demand Influencing Manufacturers to Launch Affordable Range of Products

Long replacement cycles, sluggishness in garden equipment industry, and other macroeconomic factors have influenced manufacturers to adapt to the evolving landscape. As APEJ is likely to offer steady growth opportunities to manufacturers, manufacturers are focusing on launching an affordable range of products to cater to the needs of a cost-sensitive consumer base. Some of the key players operating in the market include AGCO Corp, CLAAS KGaA mbH, Kubota Corporation , Tractor and Farm Equipment Limited, Deere & Company, Mahindra & Mahindra Ltd., EXEL Industries, SDF S.p.A., ISEKI & CO. LTD., CNH Industrial N.V.., Bucher Industries AG, Eurometal MIO, Sharp Garuda Farm Equipments Pvt Ltd, Yanmar Co., Ltd., and Kuhn North America Inc.

Get More Info: https://globenewswire.com/news-release/2018/03/16/1441380/0/en/Global-Tiller-Machines-Market-to-be-worth-US-2-68-Bn-by-2026-TMR.html

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Makeup Remover Market - The Biggest Trends to Watch out for 2026

Manufacturers are focusing on enhancing their product portfolio to serve the rising demand for makeup removers. Various types of products are being innovated to ensure efficient makeup removal. Additionally, the trend of natural makeup removers is growing. Making use of low chemical makeup removers to prevent side effects has been envisioned by many players in the cosmetic domain. They are planning to develop their existing product lines to introduce such products at comparatively lower costs. Transparency Market Research has captured the pulse of the global makeup remover market. As per this analytical research report, the global demand for makeup removers is projected rise at a robust pace throughout the period of forecast (2017-2026). Makeup removers are expected to witness sales of over US$ 3 Bn by the end of the year of forecast.

Major players operating in the global makeup remover market are concentrating on improving their products and also increase production capacity in the coming years. To name a few key players, Estée Lauder Companies Inc., Urban Decay Cosmetics, Bobbi Brown Professional Cosmetics, Inc., Avon Products Inc., LVMH, Kimberly-Clark, Beiersdorf and Revlon Group are involved in the manufacturing of makeup removers.

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Makeup Removers to Witness Significant Consumption in Europe

European countries such as Germany, United Kingdom and France have reflected higher usage of makeup removers. Predominantly, this region is considered as one of the biggest consumer hub for several personal care and cosmetic products. The increasing use of cosmetics coupled with growing number of cosmetic manufacturers in this region has triggered the sales of makeup removers. According to the research report, the sales of makeup removers in Europe is poised to reach a billion dollar benchmark by the end of analysis period. Asia Pacific excluding Japan (APEJ) is another lucrative region for makeup removers. Large percentage of population in this region uses makeup and cosmetics which is the main aspect triggering the sales of makeup removers in APEJ, making it the second largest region with a high growth potential.

Clothes and Towlettes to be the Leading Makeup Removers in the Coming Years

Clothes and towlettes have witnessed high traction since 2012. They are effective in cleaning thick and heavy makeup providing convenience to the user. Innovations in clothes and towlettes has been a major priority of many players, who are incorporating additional features to clothes and towlettes to improve their cleansing efficiency. For instance, Wet Cloths are a new addition by Proctor & Gamble that can be applied to remove dirt, oil and makeup from neck, face and eyes. Such developments have spurred the use of clothes and towlettes since past few years.

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Drug Stores and Online Retailers to Spearhead the Growth of Global Makeup Remover Market

Online retailers and drug stores are reflecting significant growth with respect to sales of makeup removers. E-commerce has boosted online retailing which offers both convenience and cost saving to the consumer. Also, makeup removers are available in drug stores and are in full steam as number of drug stores has risen across regions. This is an attractive sales channel for makeup remover manufacturers to promote their products via drug stores. With respect to growth rate and sales revenue, drug stores are shade darker than online retailers.

Get More Info: https://globenewswire.com/news-release/2018/03/13/1421478/0/en/Makeup-Remover-Market-to-witness-sales-of-over-US-3-Bn-by-2026-TMR.html

Eye Makeup Removers to Gain High Steam During Analysis Period

Makeup removers are largely used for face cleansing. Face makeup removers are expected to gain high market share in the coming years and are expected to lead the global market’s growth. On the other hand, makeup removers for eyes are gaining high steam and are expected to witness increased adoption during the period of forecast to reflect a stellar growth rate of 9.1%.

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Automotive Adaptive Front Lighting Market Production, Sales, Supply, Demand, Analysis & Forecast to 2025

Rising demand for optimized lighting systems in all kinds of vehicles, ranging from passenger cars to luxury SUVs, across a number of regional markets are presenting promising growth avenues before companies operating in the global automotive adaptive front lighting market. The vendor landscape is becoming increasingly crowded and competitive and companies are focusing on collaboration with other peers, product innovations, and geographical expansion as the means for strengthening their hold on the market, observes Transparency Market Research in a recent report.

Some of the leading companies in the market are Texas Instruments Incorporated, Magneti Marelli S.p.A, HELLA GmbH & Co. KGaA., Hyundai Mobis, Valeo, Koito Manufacturing co., ltd., De Amertek Corp, Continental AG, Denso Corporation,Neolite ZKW, Stanley Electric CO., LTD., Robert Bosch GmbH, Fraunhofer-Gesellschaft, and Johnson Electric.

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According to the report, the global automotive adaptive front lighting market was valued at US$7.71 bn in 2016, by revenue, and is expected to rise to a valuation of US$354.11 bn by 2025, exhibiting an unprecedented CAGR of 52.20% during the report’s forecast period. In terms of volume, the market generated a demand of 36.53 mn units in 2016 and is expected to reach 157.29 million units by 2025, expanding at a CAGR of 18.29% from 2017 to 2025.

Europe and Asia Pacific to Remain Most Promising Regional Markets

In terms of technology, the segments of xenon adaptive front lighting and LED adaptive front lighting segment cumulatively accounted for the majority of the share of the global market. Laser headlight segment is an emerging segments and is likely to hold the largest revenue share of automotive adaptive front lighting market in next few years.

Geographically, the highest share of the global market was held by Europe followed by Asia Pacific in 2016. Collectively, these regions held over 82% of the overall revenue opportunity of the global market in the said year. The vast rise in demand for passenger vehicles, the significant rise in uptake of technologically advanced vehicles in emerging countries in Asia pacific, and the massive rise in adoption of mass production methods such as assembly line production in the region’s automotive manufacturing sector are the major factors driving the growth of the market in the Asia Pacific region.

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Swelling Sales of Advanced and Passenger Cars Globally to Drive Market

Growth of the automotive adaptive front lighting market can be chiefly credited to the rapidly expanding automotive industry, constant growth in the demand for advanced commercial vehicles, and swelling passenger car sales embedded with the innovative technologies, supplemented by the vast rise in purchasing power of consumers in developing nations. This rise in demand is estimated to increase in the near future, thereby further augmenting the demand growth of the automotive adaptive front lighting market.

Other key factors driving the global automotive adaptive front lighting market are the vast rise in miles driven in everyday commute, on account of the rising hub and spoke architecture of metropolitan cities and suburban areas, a significant rise in accident cases during night hours, and dynamic changes in weather condition. The market is also expected to benefit from the rising interest of global manufacturers in self-driving vehicles, which require optimized vision to be able to take driving decisions effectively. Moreover, the market is also expected to benefit from the paradigm shift in working hours, primarily in emerging economies such as India, and South East Asian countries, which has led to a vast increase in night-time commutation. This is, in turn, necessitates lighting systems that provide optimized vision to the driver in all kinds of lighting conditions.

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This analysis of the global automotive adaptive front lighting market is based on a recent market research report by Transparency Market Research, titled “Automotive Adaptive Front Lighting Market (Technology - Xenon Headlight, LED headlight, Laser headlight, OLED headlight; Vehicle Type - Passenger Vehicles and Commercial Vehicles) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017–2025.”

Key Takeaways:

Asia Pacific and Europe account for a massive share in global revenues

Changing weather conditions also drive increased demand for automotive adaptive front lighting

Get More Info: https://www.prnewswire.com/news-releases/automotive-adaptive-front-lighting-market-rising-interest-of-global-manufacturers-in-self-driving-vehicles-to-boost-market-growth-prospects-says-tmr-676368893.html

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Storage in Big Data Market The Biggest Trends to Watch out for 2026

Persistence Market Research delivers key insights on the global storage in big data market in a new report titled, “Storage in Big Data: Global Industry Analysis and Forecast, 2016–2026”. According to the report, the global storage in big data market is estimated to be valued at US$ 9,599.1 Mn by the end of 2016 and this is anticipated to increase to US$ 61.44 Bn by 2026 end. In terms of value, the global storage in big data market is expected to register a CAGR of 20.4% over the forecast period (2016–2026). This is attributed to various factors, regarding which Persistence Market Research offers vital insights in detail in this study.

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Market dynamics

Digitization of records globally is the primary factor driving the global storage in big data market. Due to recent laws enforced by governments of various countries, companies are shifting towards digital maintenance of records, especially in the healthcare sector. Increasing digital data volumes is leading to companies increasingly adopting various data storage options. Further, increasing adoption of software-based storage options and an increase in the number of connected devices is expected to fuel the growth of the global storage in big data market over the forecast period. One of the major restraints for growth of the global storage in big data market to a certain extent are macroeconomic factors such as reduced budgets for data storage and high total cost of ownership of flash storage. Improper data representation is also posing a threat to the global storage in big data market.

Leading market players are integrating predictive analytics with storage systems and are providing storage servers close to end users to reduce latency time.

Market forecast

The global storage in big data market is segmented on the basis of – Segment (Hardware Segment, Software Segment, Services Segment); Industry (BFSI, IT and Telecommunications, Transportation, Logistics & Retail, Healthcare and Medical, Media and Entertainment, Others); and Region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and Middle East & Africa (MEA)).

The Hardware segment dominated the global storage in big data market with 49.1% market share in terms of value in 2015. The Hardware segment is estimated to create incremental $ opportunity of US$ 16.38 Bn between 2016 and 2026. The Software segment is estimated to create incremental $ opportunity of US$ 11.34 Bn between 2016 and 2026.

The BFSI segment was valued at US$ 1,694.1 Mn in 2015 and is estimated to reach US$ 2,071.2 Mn by the end of 2016, reflecting a Y-o-Y growth rate of 22.3%. The Media and Entertainment segment is expected to register high Y-o-Y growth rates throughout the forecast period.

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Among regions, North America is expected to remain dominant in terms of revenue throughout the forecast period, registering a CAGR of 21.1% between 2016 and 2026. The North America storage in big data market is estimated to be valued at US$ 30.12 Bn by the end of 2026. The Western Europe storage in big data market is anticipated to register the highest CAGR of 21.8% during the forecast period. Latin America is projected to be the most attractive region in the global storage in big data market in terms of revenue during the forecast period.

Competitive landscape

The global storage in big data market report covers various solution providers operating in the global storage in big data market. Top companies profiled in the report include Google Inc., Microsoft Corporation, Amazon Web Services Inc., VMware Inc., IBM Corporation, Dell EMC, SAS Institute Inc., Oracle Corporation, SAP SE, Teradata Corporation, Hewlett Packard Enterprise, Hitachi Data Systems Corporation, and MemSQL Inc. Some of these companies are adopting strategies such as increasing global investment in cloud services, providing hybrid storage solutions, enhancing flash storage product portfolio, integrating cloud and flash technology with storage products, and collaborating with various technology partners to expand their market presence and enhance customer base globally.

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Enterprise Social Networks and Online Communities Market Worldwide Industry Analysis, Size | Trends, Forecast 2026

According to the latest market report published by Persistence Market Research titled ‘Enterprise Social Networks and Online Communities Market: Global Industry Analysis and Forecast 2016–2026’, the global enterprise social networks and online communities market is anticipated to grow from US$ 2,636.1 Mn in 2016 to US$ 12,189.0 Mn by 2026, registering a CAGR of 16.5% in terms of revenue during the forecast period (2016-2026). In this report, the global enterprise social networks and online communities market is tracked in terms of value and is calibrated to obtain the market revenue estimates.

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Market dynamics

Increasing adoption of enterprise social networking technologies for collaboration with business technologies to improve social collaboration are major factors driving the growth of global enterprise social networks and online communities market. Demand for social media technology among businesses for activity streaming, blogging, profiles, expert advices and other secure communications is strong in this market and is slated to increase in the forecast period. Moreover, demand among industries such as healthcare for real time communication is expected to improve growth which is expected to reflect in the revenue forecast.

However, lack of awareness about the technology, and the high cost of integration with business technologies are major challenges expected to be faced by market players in the global enterprise social networks and online communities market during the forecast period.

Market forecast

To understand and assess the demand and opportunities in this market, the report is categorically split into three major sections, namely market analysis – by enterprise type, by industry, and by region.

The section – market analysis by enterprise type, comprehensively analyzes the market on the basis of enterprise type and presents an in-depth analysis of the market in terms of value for 2016-2026. In 2015, large enterprise segment dominated the global enterprise social networks and online communities market, followed by medium enterprise segment. Moreover, small enterprise segment is anticipated to expand at the fastest CAGR of 21.7% over the forecast period in the global enterprise social networks and online communities market in terms of revenue, followed by large enterprise segment.

The section – market analysis by industry, analyzes the global enterprise social networks and online communities market on the basis of industry verticals and the data is provided in terms of value for 2016-2026. The healthcare IT and Telecom industry is expected to expand at the highest CAGR of 17.0% in terms of value during the forecast period. In terms of market share, healthcare industry accounted major percentage of the revenue share of the overall market in 2015 and healthcare industry is expected to dominate the global enterprise social networks and online communities market throughout the forecast years, followed by IT and Telecom industry.

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The section – market analysis by region, includes an in-depth country level analysis of all global regions namely, North America, Latin America, Asia Pacific (excluding Japan), Japan, Eastern Europe, Western Europe, and Middle East & Africa by enterprise type, industry and countries; and provides market data in terms of value for 2016-2026. In 2015, market in North America region dominated the overall global enterprise social networks and online communities market, followed by the market in Asia Pacific region. The enterprise social networks and online communities market in Asia Pacific region is forecast to expand at the highest CAGR over the forecast period, followed by North America and Europe regions respectively.

Competitive landscape

Key players reported in this study on the global enterprise social networks and online communities market include Microsoft, IBM, Cisco, VMWare, Salesforce.com, Google, Jive and TIBCO, who have significantly increased their footprint in the global enterprise social networks and online communities market over the years.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Cloud API Market Worldwide Industry Analysis, Size | Trends, Forecast 2026

Interdependency of businesses with cloud computing is rapidly gaining traction among multiple industry verticals, necessitating the need for an Application Programming Interface (API) that enables cloud application accessibility to numerous users. Smartphones, mobiles, and other connectivity devices have attained a predominant presence in the global tech industry, working as an ideal dais for the global cloud API market growth. Development of cloud platforms and their integration in business infrastructure is being actively practiced by companies globally, especially in North America. In 2015, the cloud API market in North America surpassed US$ 100 million in revenues. With respect to global revenues, the US$ 295 million global cloud API market is expected to attain a steadfast growth and procure US$ 1,773.9 million over the forecast period of 2016-2026.

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Persistence Market Research’s report on the global market for cloud API titled “Global Market Study on Cloud API: SMEs End User Segment Anticipated to Register Relatively High CAGR over the Forecast Period,” estimates that North America’s contribution to global cloud API revenues is expected to be to a greater degree compared to other regions. By the end of 2026, North America’s cloud API market is estimated to have accounted for more than US$ 850 million in revenues. The application of cloud API in the BFSI sector is expected to surge substantially across Western Europe as the region is projected to attribute to about 17% of global cloud API revenues. Meanwhile, the Asia Pacific excluding Japan (APEJ) cloud API market will witness a considerable rise in revenues during the projected period, primarily due to a rapid proliferation of trends such as digitization. Key insights compiled in the report also estimate that during the projected tenure, the APEJ market will expand at the highest regional CAGR – 23.7%. Contrarily, the cloud API market in the Middle East & Africa (MEA) is estimated to be at a very nascent stage of expansion, urging the region’s domestic players to actively participate in the development and implementation of APIs across untapped businesses.

Global Cloud API Market: Research Highlights

The global cloud API market size is estimated to expand vigorously at 19.6% CAGR during the period of assessment

Top industries attuned with cloud API applications include healthcare, hospitality, media &

entertainment, BFSI, retail, and IT & telecommunications

By 2026, cloud API applications in the global BFSI sector are expected to yield revenues worth over US$ 350 million

Cloud APIs in healthcare applications, however, are likely to incur a dip as the industry vertical’s market share is anticipated to descend over the forecast period

Compared to SMEs, large corporations will dominate the global cloud API market, contributing over US$ 1 billion to global revenues by the end of 2026

Despite the market’s exponential growth, improper documentation has been rendered as a crucial inhibitor for adoption of cloud API services, particularly in BFSI, retail and healthcare industry verticals.

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Global Cloud API Market: Competitive Standings

A company-wise backdrop of the global cloud API market comprises distinguished participation from the world’s largest IT corporations, which induces faith among end-users of cloud API services. Backed by tech behemoths, cloud API solutions & services are being fundamentally incorporated into the regular cloud-based product offerings. Companies partaking in the development of the global cloud API market are being classified into four groups namely – Integration Specialists, Platform Management Providers, System Integrators, and Pure Players.

Companies such as Microsoft Corporation or Axway Software SA are identified as integration or Platform-as-a-Service (PaaS) specialists. Developing and delivering a customized cloud API management solution that easily integrates with the client’s business data system is a key offering of system integrators such as Accenture and The Hewlett-Packard Company. Correspondingly, Oracle Corporation and IBM Corporation are two of the leading players in the global cloud API market that manage API platforms by offering service governance. Apart from these, the global market for cloud API includes some core players such as Apigee Corporation, 3scale Inc., CA Technologies, Inc., Google Inc., SAP S.E., TIBCO Mashrey, and Amazon Web Services, Inc.

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Mobile Analytics Market expanding at a CAGR of 18.8% During 2016-2024

Microsoft Corporation Emerges as the Leading Shareholder of the Global Mobile Analytics Market

Microsoft Corporation accounted for a turnover in excess of US$ 93 Bn in 2015, with its latest bridge application tool “HockeyApp” launched in August 2016 gaining immense popularity amongst users. Adobe Systems Incorporated, Yahoo! Inc. (Flurry Analytics), International Business Machine Corporation (IBM), Tune, Inc., Google Inc. (Alphabet Inc.), Amazon Web Services, Inc. (Amazon.com, Inc.), Localytics (Char Software, Inc.), Webtrends Inc., and Mixpanel, Inc. are amongst other prominent players operating in the global mobile analytics market.

Persistence Market Research (PMR) indicates North America to remain at pole position of the global mobile analytics market, accounting for the highest revenue share during 2016 to 2024. In 2015, the market in the region was valued at over US$ 560 Mn and expected to reach US$ 2058.7 Mn by 2024. Further, the market in Asia Pacific is predicted to be the fastest growing market, expanding at a CAGR of 22.4% over the forecast period. This is primarily due to robustly growing fascination towards mobile technology and rapid smartphone penetration in countries such as India and China.

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Prospects of the Global Mobile Analytics Market in the Near Future

As per Persistence Market Research analysis, the global mobile analytics market will continue to witness pronounced growth over the forecast period on the backdrop of a slew of factors. Increasing demand for real-time analytics to deliver personalized ads and growing investment in digital advertising across mobile platforms is expected to influence the demand for mobile analytics in the near future. Further, higher investments in developing advanced mobile apps and exploding number of smartphone users are additional factors anticipated to support the overall market growth. In contrast, a dearth of technological understanding for operating high end functionalities of mobile analytics solutions and increasing concerns over privacy breach associated with customer data may inhibit market growth during the next eight years.

On the basis of solution type, demand for application performance analytics solutions is expected to remain dominant throughout the projected period. In addition, the application performance analytics solutions segment is set to register the highest revenue by solution type.

On the basis of development, cloud-based development is expected to remain as the most attractive segment, increasing at a CAGR of 21% during the forecast period 2016-2024.

By end user vertical, the e-commerce & retail segment is projected to account for a comparatively higher share of the market. Further, the segment is projected to expand at over 22% CAGR through 2024, followed by media & entertainment segment.

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Lucrative Opportunities in the Offing

The arrival of smart TV technology and increasing demand for TV apps is expected to present scope of long-terms business for market players. Robust adoption of connected TVs is steadily stimulating the need for dedicated analytics solutions for measuring performance and effectiveness of both TV ads and TV applications. Moreover, growing necessity of integrated mobile analytics solutions and a higher number of connected personal devices such as laptops, wearable devices, smartphones, and tablets is fueling the demand for integrated analytics solution in order to manage data exchange across multiple devices.

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Datacenter Market Industry Shares, Market Strategies And Key Players

Persistence Market Research (PMR) delivers key insights on the global datacenter market based on installation and construction, consulting and integration services, and applications in its latest report titled, “Global Market Study on Datacenters: Healthcare Application Segment to Register a Value CAGR of 12.6% Between 2016 and 2024 ”. According to the report, the global datacenter installation & construction market is anticipated to be valued at US$ 40.43 Bn by the end of 2016 and this is projected to increase to US$ 95.56 Bn by the end of 2024.

Global datacenter market dynamics

The challenging economic scenario and macro-economic factors have a great impact on the growth of the internal datacenters. The declining economy put on hold many datacenter projects since it requires large lead time for the datacenter to construct and the considerable amount of investment. The fluctuating economy and growing technology advancements demand flexible and high computational power solutions in the datacenter landscape, thereby leading to the growth of outsourcing of the datacenter. The growing demand to reduce large capital commitments compel many enterprises to outsource the datacenter services or capacity to external service providers.

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The accelerated growth in digitization results in the transformation of the datacenter infrastructure as the traditional datacenter architecture is not flexible to adapt to the heavy data volume and variety of the information transferred through different devices. The growing digital transformation through the mobile devices, connected technology, Internet of Things demands the datacenter ecosystem with the high speed of deployment, flexibility, scalability, security and availability of data. This digital transformation leads to the development of the innovative datacenter infrastructure that serves as highly agile, cost- effective and software- defined infrastructure

The datacenter market is undergoing rapid change with the change in focus towards cloud computing, cloud provisioning, cloud migration and cloud-based deployment and automation. The rise in the digital data content and growth of a large amount of data transfer via mobile devices have encouraged the enterprises to shift towards the cloud datacenters. Moreover, companies today are focusing on the benefits such as scalability, flexibility and easy deployment and allocating resources to public, private and hybrid cloud environments. Cloud computing provides new architectural environments to datacenter networking, thereby boosting demand for network services and datacenters.

Global datacenter market forecast

The installation and construction market is expected to witness a CAGR of 11.5% during the forecast period. This is attributed to the growth of the service provider datacenter sub-segment in the new datacenter builds segment. The growth of mega, localized and midtier datacenter globally leads to the overall growth of the service provider datacenter market. The new datacenter builds segment is expected to register a CAGR of 12.4% during the forecast period and the datacenter rebuilds segment is expected to exhibit a CAGR of 6.3% during the forecast period. The consulting & integration services market is expected to be valued at US$ 20.34 Bn by 2024 and is expected to register a CAGR of 12.4% during the forecast period. The growth in consulting activities is attributed to the growth of network design, network design and planning and security consulting.

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On the basis of regions, North America is anticipated to be the most attractive region in terms of value share by 2024. The region is estimated to account for 34.39% value share in 2016 and is anticipated to continue the dominance in value share over 2016–2024.The markets in North America and Europe are anticipated to contribute majorly to the global datacenter installation & construction market. The market in North America is estimated to be valued at US$ 14.67 Bn by 2016 and is expected to register a CAGR of 11.0% during the forecast period. The market in Europe is expected to be valued at US$ 26.40 Bn by 2024. Asia Pacific is the leading region in terms of market value during the forecast period due to emerging economies in the region and faster adoption of technological advancements such as cloud, mobile, and data analytics leading to the growth of datacenter service providers in the region

The report analyses the global datacenter market in terms of value (US$ Mn) by installation & construction type, consulting & integration services types, application and region; and provides insightful information regarding the value chain, market trends, competitive landscape, market dynamics, and market estimations and forecast.

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Security As A Service Market Forecast Report by PMR Offers Key Insights 2016-2026

Adopting the business model of Security-as-a-Service (SaaS) has become a pragmatic choice for companies looking at integrating security with their business infrastructure. Furthermore, emerging technological trends related to the Internet of Things (IoT) and cloud-computing will continue to compel more businesses towards implementation of a Security-as-a-Service business model, which will incidentally benefit them through cost savings. Persistence Market Research’s report on the global Security-as-a-Service market titled “Global Market Study on Security-as-a-Service: IT & Telecom and BFSI Industry Segments Major Adopters of Security-as-a-Service Solutions ,” includes a comprehensive study that has predicted the market to attain US$ 3.3 billion in value by the end of 2016. Over a ten-year forecast period of 2016-2026, the global Security-as-a-Service market is projected to expand at a staggering CAGR of 17.1%.

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Telecom & IT remains the largest industry for SaaS. Healthcare, Retail & Consumer Goods, and BFSI are the other prominent industries for the global SaaS market. The risks of data loss in the healthcare industry can disrupt dozens of associated businesses such as insurance reimbursement and drug development, and with it, compromise the health of millions of patients. Cloud computing is being merged in the global finance industry, but protection of electronic transactions has necessitated the need for amalgamating a Security-as-a-Service business model. By the end of the forecast period, Healthcare and BFSI industries will account for a market value share of 20.3% and 17.7% respectively, with the global IT & Telecom sector accounting for a revenue share of nearly 30%.

Competitive Backdrop & Enterprise-based Market Segmentation

Providing security services to large enterprises remains a lucrative revenue-generation business model for leading players. By 2026, large enterprises such as conglomerates or multinational corporations will procure about 50% share of global market value, higher than the collective revenue share of small and medium enterprises. Meanwhile, companies in the global Security-as-a-Service market have transformed from being service providers, software developers, and security platform providers to managed security service providers and integrators of Security-as-a-Service for client enterprises. Some of the leading market players profiled in this report include Intel Security, Oracle Corporation, Cisco Systems, Inc., Gemalto NV, Qualys Inc., Alert Logic Inc., Trend Micro Inc., Proofpoint Inc., Zscaler, Inc., and Okta, Inc.

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The Need for Subscription-based Security Keeps Surging

Interlinked businesses within a company or within multiple corporations are exposed to the threats of network breach, now that cybercrime is at large. As a countermeasure, business operations need to be integrated with security services that safeguard the companies, not just at the “firewall” level, but at an out-and-out networking parameter. Fusing a security-based business model in an existing and complicated corporate structure can be really formidable for companies, considering the added expenditure of developing an individual security service

Additionally, companies are not looking to further implicate their operational accountabilities by gaining a total ownership of such developed security services. Ergo, the growth of the global market for Security-as-a-Service will be primarily driven by increasing partnerships of companies with service providers offering subscription-based security. So, cost advantages of integrating a Security-as-a-Service business model will encourage more companies to upgrade security measures of their businesses.

North America to Account for over 35% of Global Revenues by 2026

Cloud-based security services are proliferating the US corporate world; from budding startups to established conglomerates. North America’s robust Telecom and IT infrastructure aids the extension of its Security-as-a-Service market, which is anticipated to garner revenues worth US$ 8 billion by 2026-end. With an estimated global market revenue share of 36.4% in 2016, North America’s Security-as-a-Service market will account for nearly half of the global market by the end of 2026, growing at the fastest CAGR among all the regions. Meanwhile, the Security-as-a-Service market in Western Europe will expand gradually, generating an opportune incremental value of an estimated US$ 3,059.6 million over the forecast period. Other regions analyzed in the report include Asia Pacific excluding Japan (APEJ), Japan, Eastern Europe, Latin America, and Middle East & Africa (MEA).

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Mobile Payment Transaction Market : Key Growth Factors and Industry Analysis 2020

The mobile payment is an integrated system linked by various components of value chain which typically includes the merchant, the consumer, the financial institution involved and not to forget the payment gateway and the telecom network.

In terms of revenue, the global mobile payment transaction market revenues valued at US$ 549,917.7 Mn in 2015 will possibly reach US$ 2,849,231.4 Mn in the year 2020.

Mobile payment transaction volume will grow by a massive 41.7% during the forecast period 2015-2020. In terms of volume, the global mobile payment transaction market volume was 18,969.8 million transactions in the year 2015 and this is projected to increase by 106,001.5 million transactions by the year 2020.

Persistence Market Research forecasts the global mobile payment transaction market to register a CAGR of 39.1% through 2020 and reach US$ 2.89 trillion in revenues.

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Market dynamics

Even though there will be tremendous growth in mobile payment transactions market, there are many challenges that are obstructing the growth of this market. A major challenge is the slow adoption of smartphone compatible POS systems by the retailers. If taken at face value, a 41.7% volume growth looks amazing, but there is something to be concerned about. One of the major concerns is that apart from few countries, consumers haven’t fully accepted the concept of mobile payments, even though the facility is much more secure. However, given the inherent nature of the product, it wouldn’t be long before consumers all over the world use the facilities provided by mobile payments, as per the research report of Persistence Market Research.

Market forecast

By technology, SMS and WAP/WEB will continue to account for most of the transactions conducted worldwide. Mobile payments conducted through SMS will witness a robust CAGR of 24.5% over the forecast period. In the year 2015, the revenue from the SMS segment was US$ 238,884.3 Mn and this is going to be at the value of US$ 678,117.1 Mn by 2020 end.

Mobile payments conducted through WAP/WEB will witness a CAGR of 48.0% during the forecast period. In the year 2015, the revenue from the WAP/WEB segment was US$ 164,386.1 Mn and this is going to be valued at US$ 1,725,209.6 at the end of the forecast period in the year 2020.

Money transfer and merchandise purchases account for over 90% revenue share of the global mobile payment transaction market on the basis of end-use ‘purpose’. Mobile payments made for merchandise purchases will be worth US$ 323.73 Bn in 2016, up from US$ 228.32 Bn in 2015. Money transfer, the largest end-use purpose in the mobile payment transaction market, will grow by over 38% to surpass US$ 381 Bn in revenues.

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The market for mobile payments will continue to be robust in APEJ and Africa, as majority of people there don’t own a credit card, in contrast of the situation in Europe and United States. So, consumers in APEJ and Africa are making a direct shift from using cash to using mobile payments. Growth in the mobile payments market will be particularly strong in China. This is due to the entry of major market players like Apple and Samsung in the Chinese market, making the competition more fierce and interesting.

Due to a strong showing in China, the market for mobile payment will continue to grow in the Asia Pacific region and this region will be the leading market in the world in terms of volume. However, in terms of value, it is Africa that will maintain its number one position in the mobile payment transaction market. This is due to the spectacular success of M-Pesa in Kenya and this has influenced consumers and businesses in other regions of Africa to adopt the technology of mobile payments. This has boosted the market of mobile payment transaction market in Africa. Currently, Africa has nearly 32% revenue share of the global mobile payment market, and boasts of a subscriber base of over 100 million. Other than Asia Pacific and Africa, Western Europe and United States are other lucrative regions for mobile payment transaction market the world over.

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Smart Cities Market: Future market projections for forthcoming years

A recent market research report by Persistence Market Research, covering the global market for smart cities, states that the market will emerge as one of the most promising markets in the information technology and telecommunications sector in the next few years. The report, titled “Smart Cities Market: Global Industry Analysis and Forecast 2016-2026,” states that the market will exhibit an exponential 18.8% CAGR over the period between 2016 and 2026. If the numbers hold true, the market is expected to rise from a valuation of US$540.6 bn in 2015 to a revenue opportunity of US$3,482.2 bn by 2026.

The report attributes the excellent scope of expansion of the global smart cities market to factors such as the rising awareness regarding the vast sets of benefits of connected cities, the increased rate of adoption of home security and safety systems, and the vast technological advancements witnessed in the field in the past few years. Owing to the increased number of companies in the market, the number of innovative products and solutions have rapidly multiplied, bringing down costs and expanding consumer-base.

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The report segments the global smart cities market on the basis of criteria such as application, component, and geography.

Key applications of smart cities covered in the report include smart building, smart security, smart energy, smart governance, smart transportation, smart healthcare, smart education, and smart water network systems. Of these, the segment of smart energy accounted for the dominant share of nearly 18% in the global market in 2015, chiefly owing to the rapid deployment of a large number of smart grid products, devices, and technologies across the globe in the past few years. However, the segment is estimated to witness a setback over the second-half of the report’s forecast period and lose its leading position.

The segment of smart security, which held over 15% of the global market in 2015, is expected to take the top spot in terms of revenue contribution to the global market in 2026 with a 22% share. The segment is also expected to register the highest CAGR over the report’s forecast period and lead to promising growth opportunities throughout.

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In terms of component, the report segments the global smart cities market into hardware, software, and services. The report states that all the three segments will register a decent rate of growth over the forecast period. While the hardware segment could see a slight slump in sales in the second-half of the forecast period, it will continue to account for the dominant share in the overall market throughout the report’s forecast period, holding a nearly 35% of the market through 2026.

From a geographical standpoint, the report states that the market in North America is presently the dominant revenue contributor to the global market. Backed by strong growth potential in the U.S., the North America smart cities market will exhibit a promising CAGR of 14.5% over the report’s forecast period. However, the Asia Pacific except Japan (APEJ) market will register growth at the most promising 22.6% CAGR over the forecast period and will emerge as the region with the most lucrative growth opportunities

Some of the leading companies operating in the global smart cities market profiled in the report are Cisco Systems, Inc., IBM Global Business Services, AT&T, GE, Huawei Technologies Co., Ltd., Hitachi Data Systems Corporation, Ericsson, SAP SE, Philips Lighting, and Microsoft.

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The Global Integration & Orchestration Middleware Market is Envisioned to be Valued at US$ 15.29 Bn by 2024, According to Research Nester

According to Persistence Market Research, the US$ 8.8 Bn integration and orchestration middleware market will surpass US$ 15 Bn by 2024-end, expanding at a CAGR of 7.1% through 2024. Primarily fueled by widespread adoption of cloud computing, rapidly expanding digital transformation, and soaring adoption of API management, this market will also be impacted by several other technology trends.

Top market players profiled in the report, include IBM Corporation, OpenText Corporation, Microsoft Corporation, Oracle Corporation, and Infor ION. SPS Commerce, Inc., Society for Worldwide Interbank Financial Telecommunication (SWIFT), Axway, Covisint, and Tibco Software Inc. are other leading companies on the market’s competitive landscape.

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Based on middleware type,

Integration middleware will remain the leading segment, followed by business-to-business middleware segment.

Over 2016-2024, integration middleware segment is likely to gain over 700 BPS and expand at a healthy CAGR of 9.2%, reaching US$ 7.37 Bn in 2024.

While integration segment is projected to account for over 48% share in terms of value, B2B middleware segment will hold around 25% share in 2024.

However, event-driven middleware segment will witness a higher growth rate compared to B2B.

By deployment type,

On-premise will remain the largest segment slated for moderate growth over the forecast period, attaining a value of over US$ 9 Bn in 2024. However, this segment will reportedly lose its market share by 1400 BPS, resulting in nearly 60% of the total revenues by 2024-end.

Growing popularity and rapid adoption of cloud-based middleware for quicker, more flexible, and scalable access to information will continue to drive the cloud-based deployment segment at a rapid pace.

This segment will demonstrate the fastest growth at a promising CAGR of 12.9% and exceed US$ 6 Bn by the end of the assessed period. From around 26% market share in 2016, cloud-based segment is expected to reach a notable share of over 40% in 2024.

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On the basis of application,

Consumption by the BSFI sector will account for the revenues worth US$ 5.23 Bn by 2024 end, making it the largest application segment with over 34% share in 2024 market revenues.

IT and telecommunications, the second largest segment, is anticipated to achieve a value of nearly US$ 4 Bn that roughly accounts for over 26% market value share in 2024.

The next key segments include government and retail. However, healthcare segment, thought the smallest one so far, will demonstrate the highest growth during the next eight years at an estimated 8.9% CAGR.

APAC Set for Impressive Growth at a CAGR of over 7%

Regional analysis reaffirms the preeminence of North America, foreseen to capture over 38% value share in 2024, representing a value of over US$ 5.8 Bn. Europe will remain the second largest regional market for integration and orchestration middleware market with over 27% share in 2024. Asia Pacific, poised to register the highest CAGR of 7.6%, will also represent a sizeable market share of over 15%. Growth of middleware deployment markets in China, Japan, and India are primarily identified to boost the Asian market over the next few years.

Technological Innovations Collectively Driving Market

Integration and orchestration middleware solutions will continue to gain traction with growing innovation in IoT things and rising demand for digitization. A relatively quicker fundamental shift to cloud-based middleware, coupled with API evolution, will be responsible for the flourishing market. To be competitive within marketplace, enterprise managers can encounter opportunities that come along with business automation middleware. Moreover, burgeoning use of cloud for better agility will open new avenues for the entire middleware market over the next few years.

Influential trends, such as PaaS, DevOps, containerization, and MBaaS will provide a strong impetus to technological innovation and demand for integration and orchestration middleware. While emergence of microservices is expected to be one of the most popular techniques for faster creation and testing of applications especially in the midst of connected devices, introduction of consumerization will allow end-users with self-integration and automation of applications.

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Natural Health Supplements Market Garbage Bag Market Analysis, Segments, Growth and Value Chain 2024

In various parts of the world, health supplements are included as a part of a diet that beholds higher nutritional value. The status of these health supplements also plays a key role in their sales. A majority of consumers will prefer that these nutritional ingredients get derived from natural or organic sources. Persistence Market Research’s recently published study explores the global market for natural health supplements, projecting how the demand for natural health supplements will shape up in the years to come. And, the crux forecast of Persistence Market Research’s report goes – “In 2016, global natural health supplements market was estimated to be valued at US$ 36,803.52 Mn; which is assessed to increase at a CAGR of 8.0% to reach US$ 68,140.05 Mn by the end of 2024.”

Factors measured by analysts for assessment of this forecast include:

Increasing government funding towards R&D of nutritional supplements

Growing consumption of unused volumes of natural-based ingredients in health supplement industry

Rising adoption of self/direct medication practices among consumers

Use of natural health supplements as preventive measure for lifestyle diseases

Surging demand for natural health supplements among geriatric population suffering from bone & joint disorders

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Escalating global clout of e-commerce platforms and digitalization trends are also observed to be key boosters for the market’s growth. The report also expects manufacturers of health supplements to remain inclined towards formulation of natural health supplements having holistic benefits. Companies such as Herbalife International Inc., Omega Protein Corporation, Archer Daniels Midland Company, Evonik Industries AG, Amway Corporation, The Nature's Bounty Co., Naturex SA, Blackmores Limited, United Naturals Food, Inc., and Nutraceutical International Corporation are recognized as key manufacturers of natural health supplements in the world.

The report also projects higher contribution of Asia-Pacific (APAC) region to the global natural health supplement revenues. In 2017 and beyond, the APAC natural health supplement market will register fastest revenue growth and exhibit a value CAGR of 8.5%. North America will also be a lucrative region for natural health supplement businesses during the forecast period. By 2024-end, over US$ 22 Bn worth of natural health supplements will be consumed across the US and Canada.

Considering the demographics of consumers for natural health supplements, women consumers will remain key targets for manufacturers. Towards the end of 2021, a little over 40% of the world’s natural health supplement revenues are projected to be accounted by women consumers. Product offerings and future developments of natural health supplement manufacturers are, thus, likely to remain direct towards attracting – firstly women, and then senior citizens. Sports & nutrition applications of natural health supplements are also projected to bring in higher revenues, procuring over one-fourth share of global revenues throughout the forecast period. Demand for natural health supplements will also gain traction in bone & joint support and weight management applications.

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While mass merchandize will be observed as the largest sales channel for natural health supplements, revenues accounted by direct sales and natural & health food sales outlets will register impressive growth at 8.2% CAGR. In addition to this, key findings from the report also estimate that during the course of forecast period, more than 80% of natural health supplements produced in the world will be derived from plant and marine sources, with both these segments contributing with nearly-equal shares. Natural health supplements in the form of tablets are presently in great demand, but are expected to lose traction during the forecast period. By end of 2024, demand for natural health supplements in the form of capsules and softgel will have increased, registering value CAGRs of 8% and 8.5% respectively.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Lavender Oil Market by Solutions, Technology, End Users and Geography - Global Forecast to 2024

In its report titled, “Lavender Oil Market: Global Industry Analysis and Forecast, 2016–2024” Persistence Market Insights (PMR) reveals that more than US$ 76 Mn worth lavender oil was consumed worldwide in 2016. The lavender market, particularly in Europe will remain highly lucrative in 2017 and beyond owing to the increasing consumer preference for natural plant derived lavender oil products in the region. Meanwhile, personal care products account for a bulk of the overall demand for lavender globally.

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Medicinal Properties of Lavender Oil Boosting its Popularity amongst Consumers

Consumers both in developed and developing countries are spending more on organic essential oil products including lavender oil owing to their health benefits. Lavender oil is considered to have unique properties that are beneficial for the skin, hence, used in various skincare products. Over the years, application of lavender extract, oil and essence in food and beverage products has also increased to a substantial level. Lavender oil application in food and beverage products is expected to create an absolute $ opportunity of US$ 7.65 Mn between 2016 and 2024.

Despite the increasing popularity of substituent products such as the lavendin, players operating in the market remain focused on introducing newer lavender oil products. Moreover, development of advanced product formulations methods, especially for personal care products is anticipated to stimulate the market growth.

Additional Highlights from the Report Include

According to PMR’s report, global lavender oil market is expected to reach US$ 124.2 Mn, reflecting a CAGR of 6.2% between 2016 and 2024.

Owing to increasing inclination of consumers towards single oils of high quality and high purity, demand for absolutes and concentrates of lavender oil is likely to surge during the forecast period. In 2016, lavender concentrates accounted for a staggering 49.0% revenue share of the market.

Lavender oil will continue to find robust application is personal care products during the forecast period. By the end of 2024, personal care products will contribute nearly US$ 45.1 Mn to the global lavender market.

In addition to Europe, North America and APAC will remain as the other two leading markets for lavender oil. Owing to the presence of prominent manufacturers and suppliers of lavender oil in North America, the region’s market is expected to witness a steady growth during the assessment period. The market in APAC is expected to be driven by the growing demand for lavender oil products in emerging countries such as China and India.

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Competitive Landscape

Some of the key players in the global lavender oil market include doTERRA International, LLC, Young living essential oils LC, Takasago International corporation, International Flavours & Fragrances Inc., Aromaland Inc., Symrise AG, Givaudan SA, Firmenich S A, Rocky Mountain Soap Co., and China Flavors and Fragrances Company Limited. To strengthen their market position, many of these companies are going into strategic alliances and also concentrating on further technological advancements to improve product line.

Some of the key players in the global lavender oil market include doTERRA International, LLC, Young living essential oils LC, Takasago International corporation, International Flavours & Fragrances Inc., Aromaland Inc., Symrise AG, Givaudan SA, Firmenich S A, Rocky Mountain Soap Co., and China Flavors and Fragrances Company Limited. To strengthen their market position, many of these companies are going into strategic alliances and also concentrating on further technological advancements to improve product line.

About Us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Gum Arabic Market:to Continue Witnessing High Demand in coming years

Year in, year out, natural emulsifiers such as gum arabic (acacia gum) will continue to be in great demand as thickening agents for production of confectionary treats and food products. The importance of gum arabic as thickening agent in production of chewing gums, as a binder for manufacturing watercolor paints, as an additive in ceramic glazes, and as an adhesive for rolling papers used in cigarettes makes it among the most useful natural emulsifier in the world. Persistence Market Research believes that towards the end of 2025, over 165 thousand tons of gum arabic will be consumed in the world, bringing in an estimated US$ 476.1 Mn in revenues by 2025-end.

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Key projections from the report, titled “Gum Arabic Market: Global Industry Analysis and Forecast, 2017-2025,” indicate that the market, which is presently worth nearly US$ 300 Mn, will expand steadily at 5.4% CAGR. This steady growth in demand for gum arabic is instrumented by factors, namely:

Higher preference to naturally-derived gum arabic in F&B industry

Growing application of gum arabic as tablet binders, film forming agent, and suspending agents in production of pharmaceuticals

Increasing preference of consumers towards natural products

Effective application of gum arabic in paper manufacturing, meat processing, and processing vegetable juices

Key Trends Influencing the Demand for Gum Arabic

Consumption of gum arabic has increased owing to its high dietary fiber content which aids in healthy digestion and bowel movement. Gum arabic could benefit patients suffering from constipation and irregular bowel movement. Moreover, increasing number of gum arabic manufacturers are focusing on securing regulatory clearance for inclusion of this emulsifier as an ingredient in food products. Powder encapsulation, which will remain to be one of the most instrumental production procedure in pharmaceutical industry. Colorless, tasteless, odorless, and high water-solubility are key properties of instantly-soluble gum arabic, which are benefiting the encapsulation of flavors, aromas and colors in powdered form.

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Manufacturers are focusing on promoting health benefits of gum arabic and offering health claims with supporting clinical evidence for end products. Manufacturers are also focusing on nutritional claims of gum arabic as organic or high fiber products. The report has profiled leading manufacturers of gum arabic, which include AEP Colloids Inc., POLYGAL AG, Mountain Rose Herbs, Inc., C.E. Roeper GmbH, IMPORTERS SERVICE CORP., Tic Gums Inc., Nexira International, KERRY GROUP PUBLIC LIMITED COMPANY, CARAGUM International, S.A., and ALLAND ET ROBERT S.A.

Global Gum Arabic Market: Key Research Findings

The market’s revenues, split into acacia senegal and acacia seyal (Vachellia), exhibit that the former type of gum arabic will dominate with greater revenue share, while consumption of the latter gum arabic will remain higher throughout the forecast period

By 2025-end, over US$ 270 Mn worth of acacia senegal will be sold in the world, while acacia seyal will witness consumption of more than 90 thousand tons

Food and beverage will remain the largest application of gum arabic throughout the forecast period; procuring close to 60% share over global revenues

Demand for gum arabic in pharmaceutical applications is also expected to gain traction, registering revenue growth at 5.6% CAGR

North America’s gum arabic market will witness impressive growth, registering a value CAGR of 6%

In terms of revenues, Europe will be the largest market for gum arabic in the world, raking in more than US$ 170 Mn by end of 2025

Asia-Pacific, on the other hand, will showcase fastest revenue growth at 6.1% CAGR, accounting for sales of over 50 thousand tons of gum arabic towards the end of 2025

About Us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us:

305 Broadway,7th Floor

New York City, NY 10007

United States

+1-646-568-7751

+1 800-961-0353 (USA-Canada Toll free)

Email: sales@persistencemarketresearch.com

Website: https://www.persistencemarketresearch.com