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  31. <title>Advanced Drug Delivery Market Size to Surpass USD 375.86 Billion by 2033</title>
  32. <link>https://newindiaobserver.com/advanced-drug-delivery-market-size-to-surpass-usd-375-86-billion-by-2033/382342/</link>
  34. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  35. <pubDate>Fri, 03 May 2024 15:05:00 +0000</pubDate>
  36. <category><![CDATA[Brand Post]]></category>
  37. <guid isPermaLink="false">https://newindiaobserver.com/advanced-drug-delivery-market-size-to-surpass-usd-375-86-billion-by-2033</guid>
  38.  
  39. <description><![CDATA[<p>The global advanced drug delivery market size is calculated at USD 239.37 billion in 2024 and is projected to surpass around USD 375.86 billion by 2033, growing at a CAGR of 4.6% from 2024 to 2033. Ottawa, May 03, 2024 (GLOBE NEWSWIRE) &#8212; The global advanced drug delivery market size was valued at USD 234.84 [&#8230;]</p>
  40. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/advanced-drug-delivery-market-size-to-surpass-usd-375-86-billion-by-2033/382342/">Advanced Drug Delivery Market Size to Surpass USD 375.86 Billion by 2033</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  41. ]]></description>
  42. <content:encoded><![CDATA[<p><em>The global advanced drug delivery market size is calculated at USD 239.37 billion in 2024 and is projected to surpass around USD 375.86 billion by 2033, growing at a CAGR of 4.6% from 2024 to 2033.</em></p>
  43. <p>Ottawa, May 03, 2024 (GLOBE NEWSWIRE) &#8212; The global <strong>advanced drug delivery market</strong> size was valued at USD 234.84 billion in 2023 and is estimated to be worth around USD 347.99 billion by 2032, a study published by Towards Healthcare a sister firm of Precedence Research.</p>
  44. <p align="center"><img fetchpriority="high" decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=ce986054-5a80-4730-8c18-526e0cefaf32&amp;size=3" height="328" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/ce986054-5a80-4730-8c18-526e0cefaf32/image1.jpg" width="613" /></p>
  45. <p><strong>Insight Highlights:</strong></p>
  46. <ul type="disc">
  47. <li style="margin-bottom:8pt;">Oral drug delivery systems dominated the market in 2023, claiming a 48% share.</li>
  48. <li style="margin-bottom:8pt;">Controlled release took center stage, accounting for a sizeable 42% market share in 2023.</li>
  49. <li style="margin-bottom:8pt;">North America currently takes the biggest slice of the pie, holding 38% in 2023.</li>
  50. <li style="margin-bottom:8pt;">But watch out, Asia Pacific! It&#8217;s projected to be the fastest-growing region, soaring at 7.4% CAGR.</li>
  51. </ul>
  52. <p><strong>Download a short version of this report @ </strong><strong>https://www.towardshealthcare.com/personalized-scope/5113</strong></p>
  53. <p><strong>In 2022, the World Health Organization recorded approximately 630,000 deaths from HIV-related causes, highlighting the pressing need for effective treatments. Advanced drug delivery methods are proving to be highly promising for managing infectious diseases like HIV, offering innovative approaches to treatment and improving patient outcomes.</strong></p>
  54. <p>The advanced drug delivery market encompasses technologies and methods to deliver therapeutic agents, such as drugs or <strong>biologics</strong>, into the body with enhanced precision, efficiency, and control. These delivery systems aim to optimize the therapeutic effect of drugs while minimizing side effects and improving patient compliance. They utilize various approaches, including nanotechnology, microencapsulation, targeted drug delivery, and controlled-release systems.</p>
  55. <p>Advanced drug delivery plays a crucial role in modern medicine for several reasons. Additionally, they enable targeted delivery of drugs to specific tissues or cells, thereby maximizing therapeutic effects while minimizing systemic side effects. This targeted approach enhances the efficacy of treatment, offering patients more effective relief with fewer adverse reactions. Advanced delivery often provides prolonged release of drugs, reducing the frequency of dosing required and improving patient compliance with treatment regimens. This sustained-release feature simplifies medication schedules and enhances patient adherence, leading to better health outcomes.</p>
  56. <p>Furthermore, by precisely targeting drugs to specific sites in the body, these systems can minimize off-target effects, resulting in better patient tolerability and safety profiles. This reduction in side effects contributes to a more comfortable treatment experience and improves overall patient well-being. Moreover, some drug delivery systems can enhance the bioavailability of drugs by improving their solubility and stability. This enhancement in bioavailability ensures that a higher proportion of the administered dose reaches its intended target, optimizing therapeutic outcomes. Advanced drug delivery technologies offer opportunities for personalized medicine by allowing treatments to be advanced to meet individual patient needs. This customized approach enables healthcare providers to optimize treatment strategies based on patient&#8217;s unique characteristics, leading to more effective and personalized care. In summary, advanced drug delivery systems represent a critical advancement in medicine, offering improved efficacy, compliance, safety, bioavailability, and customized patient treatment options.</p>
  57. <p><strong>You can place an order or ask any questions, please feel free to contact us at </strong><strong>sales@towardshealthcare.com</strong></p>
  58. <p><strong>Key Trends and Innovations</strong></p>
  59. <p align="center"><img decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=6a6605c4-21f7-47de-a318-085093460033&amp;size=3" height="303.93px" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/6a6605c4-21f7-47de-a318-085093460033/image2.jpeg" width="567.14px" /></p>
  60. <p>The increasing disease prevalence and rapid technological advancements have significantly propelled the market for advanced drug delivery systems. With a rising burden of chronic conditions such as cancer, diabetes, and cardiovascular disorders worldwide, there is a growing demand for more effective and targeted drug delivery solutions. Technological innovations in nanotechnology, biomaterials, and formulation science drive the development of novel drug-delivery platforms with enhanced capabilities. These advancements enable the precise delivery of therapeutic agents to specific tissues or cells, maximizing efficacy while minimizing systemic side effects. As pharmaceutical companies continue to invest heavily in research and development to meet evolving healthcare needs, the market for advanced drug delivery systems is expected to witness robust growth, offering innovative solutions to improve patient outcomes and quality of life.</p>
  61. <p><strong>Advanced Drug Delivery Shows Significant Potential for Effectively Treating Infectious Diseases</strong></p>
  62. <p>In the fight against infectious diseases like HIV/AIDS, tuberculosis, and viral hepatitis, scientists are turning to advanced drug delivery for more effective treatments. These systems use tiny particles called nanoparticles to carry antiviral and antimicrobial drugs directly to the infected tissues in the body. By doing this, they can target the specific areas where the viruses or bacteria are causing harm while reducing the risk of side effects in other body parts.</p>
  63. <p><strong>Customize this study as per your requirement @ </strong><strong>https://www.towardshealthcare.com/customization/5113</strong></p>
  64. <p><strong>For instance,</strong></p>
  65. <ul type="disc">
  66. <li style="margin-bottom:8pt;">In 2022, the World Health Organization reported an estimated 39.0 million people living with HIV, with 1.5 million being children aged 0-14 years old. Globally, 630,000 individuals died from HIV-related causes, while 29.8 million people were receiving antiretroviral therapy. Additionally, 86% of those living with HIV knew their status, 76% were receiving treatment, and 71% had suppressed viral loads. Advanced Drug Delivery for HIV treatment is in high demand due to these statistics.</li>
  67. </ul>
  68. <p>Think of these nanoparticles as little vehicles programmed to deliver their cargo (the drugs) to the right destination. They can also be designed to release the drugs slowly over time, ensuring that the medications stay active in the body for extended periods. This sustained release helps maintain adequate drug levels in the bloodstream, crucial for fighting infections.</p>
  69. <p>One of the significant advantages of using nanotechnology-based drug carriers is that they can help overcome some of the challenges associated with traditional drug delivery methods. For example, they can bypass barriers in the body that might otherwise prevent the drugs from reaching their target, such as the blood-brain barrier for diseases affecting the brain.</p>
  70. <p>Additionally, by targeting the drugs directly to the infected tissues, this delivery can reduce the amount of medication needed, which can lower the risk of side effects and drug resistance. This is particularly important in the case of infectious diseases, where the pathogens can develop resistance to conventional treatments over time. Advanced drug delivery holds great promise for improving the effectiveness of treatments for infectious diseases by delivering drugs more precisely to where they&#8217;re needed most while minimizing the risks and side effects associated with conventional therapies.</p>
  71. <p><strong>Innovative Treatment Solutions for Chronic Diseases</strong></p>
  72. <p>Technological advancements in nanotechnology, biomaterials, and formulation science are revolutionizing the field of drug delivery, enabling the development of novel platforms with enhanced capabilities.</p>
  73. <p>Nanotechnology is all about tinkering with tiny stuff, like super small materials, about 1 to 100 nanometers in size. These tiny materials, called nanoparticles, are great for delivering drugs to our bodies. They have unique qualities, like having a lot of surface area compared to their size, which makes them excellent for carrying drugs. They can hold onto drugs well, whether they&#8217;re water-friendly or not. Nanoparticles can be made from fats, plastics, metals, etc. Each type of nanoparticle has its perks for delivering drugs. For example, ones made from fats can wrap drugs up, protecting them and making sure they don&#8217;t break down too quickly inside our bodies. And those made from plastics can be designed to release drugs at the right pace so we get the medicine we need over time.</p>
  74. <p>Biomaterials are another critical component of advanced drug delivery systems. These materials are designed to interact with biological systems, often serving as carriers or scaffolds for delivering drugs to target sites in the body. Biomaterials can be natural or synthetic and are chosen based on biocompatibility, biodegradability, and mechanical properties.</p>
  75. <p>Natural biomaterials, such as proteins, polysaccharides, and extracellular matrix components, are derived from biological sources and often exhibit excellent biocompatibility. On the other hand, synthetic biomaterials can be precisely engineered to possess specific properties tailored for drug delivery applications. For example, synthetic polymers like poly (lactic-co-glycolic acid) (PLGA) and polyethylene glycol (PEG) are widely used in drug delivery due to their tunable properties and biodegradability.</p>
  76. <p><strong>Synthetic Polymer Recent Updates</strong></p>
  77. <ul type="disc">
  78. <li style="margin-bottom:8pt;">In December 2023, the FDA greenlit Zejula (Niraparib), contained within PLGA nanoparticles, as a treatment for ovarian cancer.</li>
  79. <li style="margin-bottom:8pt;">Numerous clinical trials are underway to assess the safety and effectiveness of PLGA-based vaccines for illnesses like COVID-19 and influenza.</li>
  80. <li style="margin-bottom:8pt;">Investigations into combining PLGA with PEG indicate promising potential for targeted drug delivery, minimizing adverse effects on the entire body by directing drugs to particular organs and tissues.</li>
  81. </ul>
  82. <p>Formulation science plays a crucial role in designing and optimizing drug delivery systems. Formulation scientists utilize chemistry, physics, and engineering principles to develop formulations that optimize drug stability, solubility, and bioavailability. Advanced formulation techniques, such as microencapsulation, nanoemulsions, and solid lipid nanoparticles, improve the delivery of poorly soluble drugs, enhance drug absorption, and target drugs to specific tissues or cells.</p>
  83. <p>Microencapsulation involves encapsulating drugs within microscopic particles, protecting them from degradation and enabling controlled release at the desired site of action. Similarly, nanoemulsions are colloidal dispersions of oil and water stabilized by surfactants, which can encapsulate hydrophobic drugs and improve their solubility and absorption in the body.</p>
  84. <ul type="disc">
  85. <li style="margin-bottom:8pt;">In October 2023, the COVID-19 pandemic has deeply affected societies, healthcare, and the economy worldwide. With over 771 million cases and more than 6.9 million deaths reported by the World Health Organization, finding a solution became urgent. Since the start of the outbreak, there has been a high demand for immediate treatment and effective vaccines. This prompted scientists, pharmaceutical companies, and governments to focus on strategies to control and minimize the spread of the virus. Vaccination emerged as the most effective way to fight this infectious disease.</li>
  86. </ul>
  87. <p>Ongoing advancements in nanotechnology, biomaterials, and formulation science are driving the development of innovative drug-delivery platforms with improved capabilities. These technologies enhance drug therapies&#8217; efficacy, safety, and patient compliance across various disease conditions.</p>
  88. <p><strong>Transdermal Drug Delivery Showing Rapid Effect on Pain Management and Cardiovascular Disease</strong></p>
  89. <p>Transdermal drug delivery is a crucial driver of growth in the advanced drug delivery market due to its numerous advantages, including non-invasive administration, sustained release, and improved patient compliance. Transdermal patches offer a convenient and effective way to deliver medications through the skin into the bloodstream, bypassing gastrointestinal degradation and first-pass metabolism. With applications ranging from pain management and hormone replacement therapy to smoking cessation and cardiovascular disorders, transdermal drug delivery systems are increasingly preferred by both patients and healthcare providers. As the demand for convenient and patient-friendly drug delivery solutions continues to rise, the transdermal drug delivery segment is poised for significant growth in the advanced drug delivery market.</p>
  90. <p><strong>Recent Launches in Transdermal Drug Delivery</strong></p>
  91. <ul type="disc">
  92. <li style="margin-bottom:8pt;">In 2023, the FDA approved ZYNTEGLO, a microneedle patch delivering the anti-nausea drug thioperamide for post-surgery sickness.</li>
  93. <li style="margin-bottom:8pt;">Buzzy Patch, launched in 2022, is a microneedle patch that eases pain by gradually releasing lidocaine.</li>
  94. </ul>
  95. <p><strong>Difficulties in Market Acceptance and Adaptability</strong></p>
  96. <p>Market acceptance and adoption of advanced drug delivery systems can be challenging due to various factors, especially when healthcare providers and patients are more familiar with traditional treatment methods. Imagine you&#8217;re used to taking pills or receiving injections for your medical condition. Suddenly, a new type of treatment involves using tiny particles to deliver medication directly to the affected area in your body. This might sound strange or unfamiliar initially, and some people might be hesitant to try it because they&#8217;re used to what they know.</p>
  97. <p>To overcome this hesitation, it&#8217;s crucial to educate both healthcare professionals and patients about the benefits and safety of these advanced delivery technologies. Healthcare providers must understand how these new systems work, their benefits, and how they can improve patient outcomes. On the other hand, patients need to feel comfortable and confident in using these new treatments, knowing they are safe and effective.</p>
  98. <p>Factors like reimbursement policies and formulary decisions made by insurance companies and other payers can also influence whether these advanced drug delivery products are widely adopted. If insurance doesn&#8217;t cover the cost of these new treatments or is not included in the list of approved medications, it can be more challenging for patients to access them. To encourage the acceptance and adoption of advanced drug delivery systems, it&#8217;s essential to educate healthcare providers and patients about their benefits and safety. Ensuring that these treatments are covered by insurance and included in formularies can help make them more accessible to those who need them.</p>
  99. <p><strong>Browse More Insights of Towards Healthcare:</strong></p>
  100. <ul type="disc">
  101. <li style="margin-bottom:8pt;">The global <strong>AI in genomics market</strong> size surpassed USD 397.64 million in 2022 to reach around USD 7,365.59 million by 2032 at an expanding 23.6% of CAGR between 2023 and 2032.</li>
  102. <li style="margin-bottom:8pt;">The <strong>AI in cancer diagnostics market</strong> was valued at USD 892.23 million in 2022 to soar around USD 2,084.34 million by 2032, expanding at a 9.35% CAGR from 2023 to 2032.</li>
  103. <li style="margin-bottom:8pt;">The global <strong>smart healthcare market</strong> size to grow from USD 201.83 billion in 2022 to reach an around USD 1,097.27 billion by 2032, at a staggering 18.5% CAGR between 2023 and 2032.</li>
  104. <li style="margin-bottom:8pt;">The global <strong>digital health market</strong> is was estimated at USD 262.63 billion in 2022 to reach around USD 939.54 billion by 2032, expanding at a 13.1% of CAGR between 2023 and 2032.</li>
  105. <li style="margin-bottom:8pt;">The global <strong>health and wellness market</strong> is to grow from USD 5.24 trillion in 2022 to hit an estimated USD 8.94 trillion by 2032, at an expanding 5.46% CAGR between 2023 and 2032.</li>
  106. <li style="margin-bottom:8pt;">The global <strong>hospital services market</strong> was valued at USD 9.29 trillion in 2022, projected to reach USD 21.27 trillion by 2032, growing at a CAGR of 9.15% from 2023 to 2032.</li>
  107. <li style="margin-bottom:8pt;">The global <strong>central lab market</strong> surpassed USD 3.1 billion in 2022 and is expected to reach USD 5.4 billion by 2032, expanding at a 5.71% CAGR from 2023 to 2032.</li>
  108. <li style="margin-bottom:8pt;">The global <strong>biosimilar market</strong> size to grow from USD 25,125.36 million in 2022 to hit around USD 1,26,019.67 million by 2032, at a staggering CAGR of 17.6% between 2023 and 2032.</li>
  109. <li style="margin-bottom:8pt;">The global <strong>acne treatment market</strong> was estimated at USD 9,6615.6 million in 2022 to reach around USD 15,183.2 million by 2032, growing at 4.8% of CAGR from 2023 to 2032.</li>
  110. <li style="margin-bottom:8pt;">The global <strong>newborn imaging system market</strong> size was projected at USD 277.64 million in 2022 to soar around USD 441.42 million by 2032, growing at a CAGR of 4.6% between 2023 and 2032.</li>
  111. </ul>
  112. <p><strong>Geographical Landscape</strong></p>
  113. <p>North America, particularly the United States, dominates the advanced drug delivery market due to its well-established healthcare infrastructure, significant R&amp;D investments, and favorable regulatory environment. The presence of leading pharmaceutical and biotechnology companies, academic research institutions, and government funding for healthcare innovation further contributes to the growth of this market in the region.</p>
  114. <p>In places like Asia-Pacific, the fancy drug delivery market is booming because people spend more on healthcare and long-term illnesses and want new and better treatments. Countries like China, Japan, India, and South Korea are putting lots of money into figuring out better ways to deliver drugs. Also, governments are helping out, the drug industry is growing, and there are a lot of sick people who need these new treatments, all of which help the market to grow even more.</p>
  115. <p><strong>Competitive Landscape</strong></p>
  116. <p>The advanced drug delivery market is competitive and involves various players like pharmaceutical companies, biotech firms, medical device makers, and research institutions. Universities play a key role in advancing drug delivery technology. Contract research organizations (CROs) and contract development and manufacturing organizations (CDMOs) offer services to drug companies. There are programs like Innovative Research in Cancer Nanotechnology (IRCNs) and Cancer Nanotechnology Training Centers (CNTCs) that focus on using nanotechnology for early cancer diagnosis, treatment, and prevention.Competition is fierce due to continuous innovation, partnerships, and focus on medical needs. Companies succeeding in this market have unique technologies, strong partnerships, and handle regulations well.</p>
  117. <p><strong>Recent Developments</strong></p>
  118. <ul type="disc">
  119. <li style="margin-bottom:8pt;"><strong>In March 2022,</strong> Corium, Inc. got approval from the United States Food and Drug Administration (FDA) for Corium&#8217;s ADLARITY (donepezil transdermal system) to treat patients with mild, moderate, or severe Alzheimer &#8216;s-type dementia. CLARITY is one of the first patches that deliver consistent doses of donepezil through the skin once a week.</li>
  120. <li style="margin-bottom:8pt;"><strong>In March 2022, </strong>the FDA approved the first generic version of Symbicort (budesonide and formoterol fumarate dihydrate) Inhalation Aerosol for treating two common lung conditions: asthma in patients six years and older and chronic obstructive pulmonary disease (COPD), which includes chronic bronchitis and emphysema.</li>
  121. </ul>
  122. <p><strong>Market Players</strong></p>
  123. <ul type="disc">
  124. <li style="margin-bottom:8pt;">Pfizer</li>
  125. <li style="margin-bottom:8pt;">Boston Scientific Corporation</li>
  126. <li style="margin-bottom:8pt;">AbbVie</li>
  127. <li style="margin-bottom:8pt;">Baxter</li>
  128. <li style="margin-bottom:8pt;">Kindeva Drug Delivery</li>
  129. <li style="margin-bottom:8pt;">Teva Pharmaceutical Industries Ltd.</li>
  130. <li style="margin-bottom:8pt;">Eli Lilly and Company</li>
  131. <li style="margin-bottom:8pt;">Takeda Pharmaceutical Company Limited</li>
  132. <li style="margin-bottom:8pt;">Novartis</li>
  133. <li style="margin-bottom:8pt;">AstraZeneca</li>
  134. </ul>
  135. <p><strong>Market Segments</strong></p>
  136. <p><strong>By Type of Delivery System</strong></p>
  137. <ul type="disc">
  138. <li style="margin-bottom:8pt;">Oral Drug Delivery</li>
  139. <li style="margin-bottom:8pt;">Injectable Drug Delivery</li>
  140. <li style="margin-bottom:8pt;">Inhalation Drug Delivery</li>
  141. <li style="margin-bottom:8pt;">Transdermal Drug Delivery</li>
  142. <li style="margin-bottom:8pt;">Transmucosal Drug Delivery</li>
  143. </ul>
  144. <p><strong>By Technology</strong></p>
  145. <ul type="disc">
  146. <li style="margin-bottom:8pt;">Prodrug Technology</li>
  147. <li style="margin-bottom:8pt;">Controlled Release Technology</li>
  148. <li style="margin-bottom:8pt;">Targeted Drug Delivery</li>
  149. <li style="margin-bottom:8pt;">Nanotechnology</li>
  150. </ul>
  151. <p><strong>By Application</strong></p>
  152. <ul type="disc">
  153. <li style="margin-bottom:8pt;">Oncology</li>
  154. <li style="margin-bottom:8pt;">Cardiovascular Disease</li>
  155. <li style="margin-bottom:8pt;">Neurology</li>
  156. <li style="margin-bottom:8pt;">Infectious Disease</li>
  157. <li style="margin-bottom:8pt;">Other Applications</li>
  158. </ul>
  159. <p><strong>By Geography</strong></p>
  160. <ul type="disc">
  161. <li style="margin-bottom:8pt;">North America</li>
  162. <li style="margin-bottom:8pt;">Europe</li>
  163. <li style="margin-bottom:8pt;">Asia Pacific</li>
  164. <li style="margin-bottom:8pt;">Middle East and Africa</li>
  165. </ul>
  166. <p><strong>Acquire our comprehensive analysis today @ </strong><strong>https://www.towardshealthcare.com/price/5113</strong></p>
  167. <p><strong>You can place an order or ask any questions, please feel free to contact us at </strong><strong>sales@towardshealthcare.com</strong></p>
  168. <p>Gain access to the latest insights and statistics in the healthcare industry by subscribing to our Annual Membership. Stay updated on healthcare industry segmentation with detailed reports, market trends, and expert analysis tailored to your needs. Stay ahead of the curve with valuable resources and strategic recommendations. Join today to unlock a wealth of knowledge and opportunities in the dynamic world of healthcare<strong>: </strong><strong>Get a Subscription</strong></p>
  169. <p><strong>About Us</strong></p>
  170. <p>Towards Healthcare is a leading global provider of technological solutions, clinical research services, and advanced analytics to the healthcare sector, committed to forming creative connections that result in actionable insights and creative innovations. We are a global strategy consulting firm that assists business leaders in gaining a competitive edge and accelerating growth. We are a provider of technological solutions, clinical research services, and advanced analytics to the healthcare sector, committed to forming creative connections that result in actionable insights and creative innovations.</p>
  171. <p><strong>Web: </strong><strong>https://www.precedenceresearch.com</strong></p>
  172. <p><strong>Browse our Brand-New Journals: </strong></p>
  173. <p><strong>https://www.towardspackaging.com</strong></p>
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  175. <p><strong>For Latest Update Follow Us: </strong><strong>https://www.linkedin.com/company/towards-healthcare</strong></p>
  176. <p><strong>Get Our Freshly Printed Chronicle: </strong><strong>https://www.healthcarewebwire.com</strong></p>
  177. <p /><img src='https://ml.globenewswire.com/media/Yzc2MThkZWQtMjhlZi00NTU4LThjNmEtMzlhNzVlNDc1NmJjLTEyMTM4NDk=/tiny/Precedence-Research.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. NewIndiaObserver.com takes no editorial responsibility for the same.</p>
  178. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/advanced-drug-delivery-market-size-to-surpass-usd-375-86-billion-by-2033/382342/">Advanced Drug Delivery Market Size to Surpass USD 375.86 Billion by 2033</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  179. ]]></content:encoded>
  183. </item>
  184. <item>
  185. <title>Foam Packaging Market Size to Worth USD 29.28 Billion by 2032</title>
  186. <link>https://newindiaobserver.com/foam-packaging-market-size-to-worth-usd-29-28-billion-by-2032/382343/</link>
  188. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  189. <pubDate>Fri, 03 May 2024 15:01:00 +0000</pubDate>
  190. <category><![CDATA[Brand Post]]></category>
  191. <guid isPermaLink="false">https://newindiaobserver.com/foam-packaging-market-size-to-worth-usd-29-28-billion-by-2032</guid>
  192.  
  193. <description><![CDATA[<p>The global foam packaging market size is calculated at USD 19.29 billion in 2024 and is predicted to be worth around USD 29.28 billion by 2032, growing at a CAGR of 5.35% from 2024 to 2032. Ottawa, May 03, 2024 (GLOBE NEWSWIRE) &#8212; The global foam packaging market size was valued at USD 18.32 billion [&#8230;]</p>
  194. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/foam-packaging-market-size-to-worth-usd-29-28-billion-by-2032/382343/">Foam Packaging Market Size to Worth USD 29.28 Billion by 2032</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  195. ]]></description>
  196. <content:encoded><![CDATA[<p><em>The global foam packaging market size is calculated at USD 19.29 billion in 2024 and is predicted to be worth around USD 29.28 billion by 2032, growing at a CAGR of 5.35% from 2024 to 2032.</em></p>
  197. <p>Ottawa, May 03, 2024 (GLOBE NEWSWIRE) &#8212; The global <strong>foam packaging market</strong> size was valued at USD 18.32 billion in 2023 and is anticipated to reach around USD 27.79 billion by 2031, a study published by Towards Packaging a sister firm of Precedence Research.</p>
  198. <p align="center"><img decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=bd7bf95f-93fb-4a6b-baca-685eb50493df&amp;size=3" height="347" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/bd7bf95f-93fb-4a6b-baca-685eb50493df/image1.png" width="648" /></p>
  199. <p><strong>Report Highlights: Important Revelations</strong></p>
  200. <ul type="disc">
  201. <li style="margin-bottom:8pt;">Emergence of the foam packaging market in the Asia Pacific region.</li>
  202. <li style="margin-bottom:8pt;">Importance of North America in the foam packaging sector.</li>
  203. <li style="margin-bottom:8pt;">Exploring the diverse applications of eps foam beyond packaging.</li>
  204. <li style="margin-bottom:8pt;">Versatility of flexible polyurethane foam across industries.</li>
  205. <li style="margin-bottom:8pt;">Foamed polystyrene&#8217;s dominance in food packaging applications.</li>
  206. </ul>
  207. <p><strong>For the short version of this report @ </strong><strong>https://www.towardspackaging.com/personalized-scope/5150</strong></p>
  208. <p>The foam packaging is the process of encasing things in foam, such as expanded polystyrene (EPS) or polyethylene (PE), to keep them safe during handling and transportation. These materials were selected because they are very effective at absorbing shocks and are lightweight. 98% of foam packing is air. The development of foam packing has been characterised by an ongoing search for innovation to satisfy changing industry demands. The market has seen a radical shift from conventional Styrofoam blocks to custom-molded foam inserts, propelled by developments in material science and production technology. Foam packing was first only used for simple protective purposes. Customisation and sustainability, however, have been the industry&#8217;s main growth pillars over time.</p>
  209. <p>The importance of foam packing cannot be emphasised. It is a strong solution that guarantees the protection and safety of fragile items while they are in transit. Foam packing is essential for minimising damage and lowering returns for businesses because of its capacity to cushion delicate objects and absorb shocks. The adaptability of foam packing is one of its main benefits. Foam materials have several uses in a variety of sectors, from securing electronics to preserving perishable items. Foam packing has become an essential part of contemporary supply chains, whether it is used to protect food items or secure medical equipment during transit.</p>
  210. <p>Enhancing the recyclability and biodegradability of foam packaging goods is another priority for producers in order to comply with environmental standards and meet consumer expectations. Manufacturers are investing resources on R&amp;D to provide cutting-edge foam solutions that balance sustainability and performance. Foam packaging continues to be a vital component of effective and dependable product protection since it conforms to industry requirements and changes to accommodate new trends. It is crucial for businesses to select the appropriate packaging solutions as they handle the intricacies of the supply chain. The foam <strong>packaging market is characterised by a dynamic landscape</strong> where success is contingent upon achieving excellence in quality, sustainability, and innovation.</p>
  211. <p><strong>For Instance,</strong></p>
  212. <ul type="disc">
  213. <li style="margin-bottom:8pt;"><strong>In February 2023, Cruz Foam, located in Santa Cruz, California, has announced the introduction of a new line of protective packing solutions that it claims will satisfy particular client requirements for consumers and businesses transporting delicate and temperature-sensitive items.</strong></li>
  214. </ul>
  215. <p><strong>If you have any questions, please feel free to contact us at </strong><strong>sales@towardspackaging.com</strong></p>
  216. <p><strong>Foam Packaging Market Trends</strong></p>
  217. <ul type="disc">
  218. <li style="margin-bottom:8pt;">The utilisation of cutting-edge materials that provide better performance and sustainability is changing in the foam packaging business.</li>
  219. <li style="margin-bottom:8pt;">Technology integration in foam packing is growing in popularity because it makes it possible to track, monitor, and secure goods better while they&#8217;re in transit.</li>
  220. <li style="margin-bottom:8pt;">Brands are choosing tailored choices that meet particular product needs over universal packaging solutions.</li>
  221. <li style="margin-bottom:8pt;">Designs for interactive packaging are becoming more popular in the market, enabling customers to interact with the product via digital tools like QR codes or augmented reality.</li>
  222. </ul>
  223. <p><strong>Rise of the Foam Packaging Market in Asia Pacific</strong></p>
  224. <p align="center"><img decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=3c88a5d7-f1d6-42c6-9794-1c0cad499834&amp;size=3" height="339.62px" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/3c88a5d7-f1d6-42c6-9794-1c0cad499834/image2.jpg" width="603.54px" /></p>
  225. <p>Asia Pacific region has emerged as a market leader in foam packaging, accounting for the majority of global revenue. Asia-Pacific is the most important foam packaging sales market, processing almost one tonne of polystyrene per second. The demand for polystyrene and expandable polystyrene (EPS) is rising significantly in countries like Saudi Arabia, China, India, and Iran.</p>
  226. <p>The emergence of e-commerce and the growing emphasis on efficient packaging solutions has spurred demand for foam packaging in the logistics industry. Foam packing is essential for the expanding e-commerce sector as it protects and insulates delicate goods during transit. Foam packing is becoming more and more necessary to safeguard fragile parts and equipment as a result of the aerospace industry growth that is occurring in Asia-Pacific.</p>
  227. <p>Foam packing contributes to the region&#8217;s dominance in this industry by ensuring that aeronautical items reach their destinations safely and undamaged. The industrial sector in the area is expanding quickly, particularly in nations like China where business is booming in the manufacturing sector. The need for packaging foams is increased by manufacturers that depend on foam packaging solutions to protect their goods during handling, storage, and transportation.</p>
  228. <p><strong>Customize this study as per your requirement @ </strong><strong>https://www.towardspackaging.com/customization/5150</strong></p>
  229. <p>The industrial sector in the region is expanding quickly, particularly in nations like China where business is growing rapidly in the manufacturing sector. The need for packaging foams is increased by manufacturers that depend on foam packaging solutions to protect their goods during handling, storage, and transportation. China developing as a major participant and Asia Pacific leading the foam packaging market, the region&#8217;s sector appears to have a bright future. The foam packaging market is expected to have continuous expansion and innovation because to the increasing demand in emerging nations and various industries such as logistics, aerospace production, and manufacturing operations.</p>
  230. <p><strong>For Instance,</strong></p>
  231. <ul type="disc">
  232. <li style="margin-bottom:8pt;"><strong>The polyethylene foam producer and fabricator Fagerdala Singapore Pte Ltd. was acquired by Sealed Air Corporation.</strong></li>
  233. </ul>
  234. <p>North America is the second-largest regional stakeholder in the foam packaging industry, following the Asia Pacific. This is mainly due to the region&#8217;s vast customer base and high levels of disposable income, which fuel demand for a variety of foam packaging goods. Numerous well-known foam packaging firms with a reputation for using cutting-edge technology and creative solutions are based in North America.</p>
  235. <p>The <strong>food packaging sector benefits greatly</strong> from the foam polystyrene industry, which also makes a large economic contribution to the US. The production, marketing, and export of foam packaging materials stimulate innovation, create jobs, and promote economic progress. Almost all manufacturing waste is gathered and recycled in the United States. As to the Carpet Cushion Council&#8217;s estimation, the manufacturing of carpet cushions saves over 1.2 billion pounds of post-industrial and post-consumer foam scrap per year from ending up in landfills. The US foam packaging market is constantly evolving and adapting to new customer demands and environmental laws, with a focus on sustainability and recyclability.</p>
  236. <p>The foam packaging business confronts new possibilities and challenges as consumer tastes change towards eco-friendly and <strong>sustainable packaging</strong> alternatives. The advancement of foam packaging for products is being propelled by developments in biodegradable materials, recycling technology, and circular economy activities. The foam packaging industry in North America is expected to have sustained growth and development in the upcoming years, with particular emphasis on product diversification, market expansion, and resource efficiency.</p>
  237. <p><strong>For Instance,</strong></p>
  238. <ul type="disc">
  239. <li style="margin-bottom:8pt;"><strong>In November 2023, A portfolio business of the Spell Family Office, Complete Packaging is situated in Monroe, Michigan, and was acquired by Specialised Packaging Group (SPG), a prominent vertically integrated supplier of protective packaging goods.</strong></li>
  240. </ul>
  241. <p><strong>Foam Packaging Market, DRO</strong></p>
  242. <p><strong>Demand:</strong></p>
  243. <ul type="disc">
  244. <li style="margin-bottom:8pt;">The demand for safe packing options has increased as online shopping grows in popularity. Foam packaging minimises damage and returns by ensuring that items get to customers undamaged.</li>
  245. </ul>
  246. <p><strong>Restraint:</strong></p>
  247. <ul type="disc">
  248. <li style="margin-bottom:8pt;">Governments everywhere are enforcing strict laws against using specific types of foam packing, claiming risks to the environment and public health.</li>
  249. </ul>
  250. <p><strong>Opportunity:</strong></p>
  251. <ul type="disc">
  252. <li style="margin-bottom:8pt;">Enhancing the industry&#8217;s environmental image may be achieved by collaborating with recycling firms to guarantee the appropriate disposal and recycling of foam packaging materials.</li>
  253. </ul>
  254. <p><strong>Beyond Packaging Multifaceted Uses of EPS Foam</strong></p>
  255. <p>Expanded polystyrene (EPS) foam is a flexible material with a wide range of uses in the foam packaging sector. EPS foam, which is recognised for its flexibility and low weight, is used in many different industries, including building, cushioning, thermal insulation, flotation, transportation, and packaging. Its composition, which consists of only 2% plastic and 98% trapped air, is one of the characteristics that set EPS foam apart. It&#8217;s highly efficient as an insulating and packing material because of its special makeup. It’s entirely recyclable quality and minimal raw material utilisation make it an affordable option.</p>
  256. <p>EPS foam has several appealing qualities that increase its popularity across a wide range of sectors. Its resilience assures endurance and dependability in a variety of applications, while its lightweight design makes handling and shipping easier. EPS foam is resistant to moisture, which means that it may be used in places where there is a lot of humidity or exposure to moisture. Another characteristic of EPS foam that makes it a great option for insulation is its thermal efficiency. Its efficient temperature regulation improves energy economy and lowers heating and cooling expenses. EPS foam also performs exceptionally well in absorbing shocks, protecting fragile goods from harm during handling or transportation.</p>
  257. <p>Products made of EPS foam are in high demand, especially in the food and beverage, building, infrastructure, and industrial sectors. Due to its structural stability and capacity to withstand loads and backfill stresses, it is an essential tool in construction contexts where dependability and longevity are important.</p>
  258. <p><strong>For Instance,</strong></p>
  259. <ul type="disc">
  260. <li style="margin-bottom:8pt;"><strong>In December 2022, A pioneer in the development and production of personalised protective packaging and cold chain solutions, Engineered Foam Packaging (EFP) has announced the purchase of NatureKool, Incorporated, a North Carolina-based business that created the first natural fibre insulated shipper in history.</strong></li>
  261. </ul>
  262. <p><strong>Versatile World of Flexible Polyurethane Foam</strong></p>
  263. <p>The flexible foaming category is the leading force in the globally market for foam packaging. Flexible polyurethane foam is used in this market sector to provide cushioning for a wide range of consumer and commercial items. According to its adaptability, flexible foam finds significant use in a variety of applications, including furniture and bedding, automobile interiors, carpet underlay, and packaging.</p>
  264. <p>The most important factors are flexible foam&#8217;s capacity to be shaped into a variety of forms and stiffness levels, offering customised protection for breakable objects including instruments, medical equipment, and electronics. Its supportive, long-lasting, and lightweight qualities provide ideal cushioning without adding undue weight. This aspect leads to substantial cost savings during shipping in place of improving product safety.</p>
  265. <p>Flexible foam can be easily modified, making it possible for it to adapt smoothly to a variety of product forms and sizes, unlike its rivals made of stiff foam. This flexibility guarantees the best defence against shocks and vibrations, protecting products all while going through the supply chain. Using flexible polyurethane foam supports initiatives aimed at preserving the environment. The total environmental impact of packing materials is decreased by the recyclable nature of some flexible foam varieties. Furthermore, flexible foam&#8217;s lightweight characteristics support environmentally friendly transportation methods by reducing carbon emissions.</p>
  266. <p>Flexible polyurethane foam accounts for around 30% of the polyurethane market in North America, where it commands a sizable market share. The fact that it is widely used in industries like automobile, furniture, and bedding highlights how essential it is to many others. A flexible and lightweight packaging solution is essential in today&#8217;s industry, as demonstrated by the growth of the flexible foaming category. Flexible polyurethane foam remains the material of <strong>choice for protective packaging</strong> applications because to its many advantages, including environmental sustainability, customisation, and durability.</p>
  267. <p><strong>For Instance,</strong></p>
  268. <ul type="disc">
  269. <li style="margin-bottom:8pt;"><strong>In November 2023, Carpenter has agreed to purchase NCFI&#8217;s consumer goods division&#8217;s flexible foam business. The company, which is headquartered in Mount Airy, North Carolina, produces tailored foams for a variety of industries, including the medical, furniture, mattress, aviation, and aerospace sectors.</strong></li>
  270. </ul>
  271. <p><strong>Dominance of Foamed Polystyrene in Food Packaging</strong></p>
  272. <p>The food companies overflowing with foamed polystyrene, frequently referred to as Styrofoam.  It has been praised for its lightweight and insulating characteristics, which keep food warm or cold during travel and storage, prolonging shelf life and decreasing spoiling. Polystyrene has evolved into an indispensable tool for food service operators, ranging from steaming coffee cups to takeout containers.</p>
  273. <p>There is a substantial environmental cost associated with this convenience.  Oil and natural gas are two non-renewable resources that are used to make almost all Styrofoam packaging.  The plastics sector, which depends largely on these resources, may use up to 20% of the world&#8217;s oil supply by 2050.  Polystyrene is disposed of in landfills after usage, where it takes generations for it to break down, releasing toxic compounds into the atmosphere and threatening animals.</p>
  274. <p>The food industry is confronted with a decision.  Even while polystyrene has many advantages, its effects on the environment cannot be overlooked.  Going forward, there is an urgent need for sustainable options that preserve food quality without endangering the environment.</p>
  275. <p><strong>For Instance,</strong></p>
  276. <ul type="disc">
  277. <li style="margin-bottom:8pt;"><strong>In February 2023, A collaboration between AmSty, a prominent producer of polystyrene and a pioneer in the circular recycling of polystyrene, and Pactiv Evergreen, a leading producer of fresh food and beverage packaging, aims to support large food companies in meeting significant sustainability targets.</strong></li>
  278. </ul>
  279. <p>Styrene-based goods are produced by BASF&#8217;s Styrenics subsidiary for the packaging and construction sectors. One of the biggest providers of styrene-based goods in Europe, BASF sets itself apart among other things by consistently expanding its product line. Styrenic foams such as polystyrene and styrene, extruded polystyrene (XPS) Styrodur®, and expanded polystyrene (EPS) Styropor® and Neopor®, BASF now provides product variations based on resource-saving production procedures, the mass balancing approach.</p>
  280. <p><strong>For Instance,</strong></p>
  281. <ul type="disc">
  282. <li style="margin-bottom:8pt;"><strong>In March 2022, Expandable polystyrene (EPS) granulates made of graphitic material is now part of BASF&#8217;s product line. Ten percent of Neopor® F 5 McycledTM&#8217;s material is recycled, making it ideal for a variety of architectural applications—especially façade insulation.</strong></li>
  283. </ul>
  284. <p><strong>Key Players and Competitive Dynamics in the Foam Packaging Market</strong></p>
  285. <p>The competitive landscape of the foam packaging market is dominated by established industry giants such as Sealed Air Corporation, Sonoco Products Company, BASF SE (Germany), Dart Container Corporation, Pactiv LLC, WinCup, Genpak, Zotefoams Plc (U.K.), Arkema (France), Kaneka Corporation (Japan), Rogers Corporation (U.S.), Synthos SA (Poland), Armacell (Germany), JSP (Japan), and Foampartner Group (Switzerland) and Pregis LLC. These giants compete with upstart direct-to-consumer firms that use digital platforms to gain market share. Key competitive characteristics include product innovation, sustainable practices, and the ability to respond to changing consumer tastes.</p>
  286. <p>Sealed air company Businesses are able to protect their items during shipment with a customisable solution when they use foam for packaging. Superior cushioning offered by foam packing materials protects goods from compromise while reducing the total transportation footprint. Foam packing offers customisable options for density, size, and form, making it ideal for protecting a wide range of products, including fragile goods and electronics.</p>
  287. <p><strong>For Instant,</strong></p>
  288. <ul type="disc">
  289. <li style="margin-bottom:8pt;"><strong>In February 2022, Foxpak Flexibles Ltd. (Foxpak) has been acquired by SEE as part of its SEE Ventures strategy, which aims to accelerate growth by investing in revolutionary technology and business models.</strong></li>
  290. </ul>
  291. <p>Products based on styrene are produced by BASF&#8217;s Styrenics business for the packaging and construction sectors. One of the biggest providers of styrene-based goods in Europe, BASF sets itself apart among other things by consistently expanding its product line. Together with styrenic foams like polystyrene and styrene, extruded polystyrene (XPS) Styrodur®, and expandable polystyrenes (EPS) Styropor® and Neopor®, BASF now provides product variations based on resource-saving production techniques called the mass balance method.</p>
  292. <p>Expandable polystyrene (EPS) granulates made of graphitic material is now part of BASF&#8217;s product line. Ten percent of Neopor® F 5 McycledTM&#8217;s material is recycled, making it ideal for a variety of architectural applications—especially façade insulation.</p>
  293. <p><strong>Browse More Insights of Towards Packaging:</strong></p>
  294. <ul type="disc">
  295. <li style="margin-bottom:8pt;">The global <strong>footwear packaging market</strong> size expected to increase from USD 5.45 billion in 2022 to achieve an approximation USD 8.26 billion by 2032, growing at a 4.3% CAGR between 2023 and 2032.</li>
  296. <li style="margin-bottom:8pt;">The global <strong>flexible plastic packaging market</strong> size to expand from USD 178.60 billion in 2022 to secure USD 289.52 billion by 2032, growing at a 5.0% CAGR between 2023 and 2032.</li>
  297. <li style="margin-bottom:8pt;">The <strong>packaging 5.0</strong> recognizes of the increasing consumer demand for personalized products. To meet this demand, packaging technologies that combine big data and artificial intelligence are being implemented.</li>
  298. <li style="margin-bottom:8pt;">The global <strong>secondary packaging market</strong> size presumed to grow from USD 232.85 billion in 2022 to reach a conjectured USD 366.81 billion by 2032, growing at a 4.7% CAGR between 2023 and 2032.</li>
  299. <li style="margin-bottom:8pt;">The global <strong>packaging market</strong> size is speculated to escalate from USD 1.20 trillion in 2022 to acquire a anticipated USD 1.58 trillion by 2032, growing at a 3.16% CAGR between 2023 and 2032.</li>
  300. <li style="margin-bottom:8pt;">The global <strong>bakery packaging market</strong> size envisaged to surge from USD 3.40 billion in 2022 to secure a forecasted USD 5.40 billion by 2032, growing at a 4.8% CAGR between 2023 and 2032.</li>
  301. <li style="margin-bottom:8pt;">The global <strong>lip powder packaging market</strong> size prognosticated to elevate from USD 1,798.20 million in 2022 to hit a presumed USD 3,328.10 million by 2032, expanding at a 6.4% CAGR between 2023 and 2032.</li>
  302. <li style="margin-bottom:8pt;">The global <strong>packaging automation market</strong> size predicted to climb from USD 64.70 billion in 2022 to obtain a projected USD 136.47 billion by 2032, growing at a 7.8% CAGR between 2023 and 2032.</li>
  303. <li style="margin-bottom:8pt;">The global <strong>returnable transport packaging market</strong> size expected to increase from USD 8,786.68 million in 2022 to attain a calculated USD 16,570.80 million by 2032, increasing at 6.6% CAGR between 2023 and 2032.</li>
  304. <li style="margin-bottom:8pt;">The global <strong>aerosol packaging market</strong> size anticipated to rise from USD 6.74 billion in 2022 to achieve an approximation USD 10.58 billion by 2032, growing at a 4.62% CAGR between 2023 and 2032.</li>
  305. </ul>
  306. <p><strong>Foam Packaging Market Player</strong></p>
  307. <p>Foam packaging leading market players are Sealed Air Corporation, Sonoco Products Company, BASF SE (Germany), Dart Container Corporation, Pactiv LLC, WinCup, Genpak, Zotefoams Plc (U.K.), Arkema (France), Kaneka Corporation (Japan), Rogers Corporation (U.S.), Synthos SA (Poland), Armacell (Germany), JSP (Japan), and Foampartner Group (Switzerland) and Pregis LLC.</p>
  308. <p><strong>Market Segmentation</strong></p>
  309. <p><strong>By Material</strong></p>
  310. <ul type="disc">
  311. <li style="margin-bottom:8pt;">Expanded Polystyrene (EPS)</li>
  312. <li style="margin-bottom:8pt;">Polyurethane (PU)</li>
  313. <li style="margin-bottom:8pt;">Polyethylene (PO)</li>
  314. <li style="margin-bottom:8pt;">Polyvinyl chloride (PVC)</li>
  315. <li style="margin-bottom:8pt;">Polyvinylidene fluoride (PVDF)</li>
  316. <li style="margin-bottom:8pt;">Others</li>
  317. </ul>
  318. <p><strong>By Structure</strong></p>
  319. <ul type="disc">
  320. <li style="margin-bottom:8pt;">Flexible</li>
  321. <li style="margin-bottom:8pt;">Rigid</li>
  322. </ul>
  323. <p><strong>By End Use</strong></p>
  324. <ul type="disc">
  325. <li style="margin-bottom:8pt;">Food and Beverage</li>
  326. <li style="margin-bottom:8pt;">Pharmaceutical</li>
  327. <li style="margin-bottom:8pt;">Personal Care</li>
  328. <li style="margin-bottom:8pt;">Automotive</li>
  329. <li style="margin-bottom:8pt;">Industrial</li>
  330. <li style="margin-bottom:8pt;">Others</li>
  331. </ul>
  332. <p><strong>By Region</strong></p>
  333. <ul type="disc">
  334. <li style="margin-bottom:8pt;">Asia Pacific</li>
  335. <li style="margin-bottom:8pt;">North America</li>
  336. <li style="margin-bottom:8pt;">Europe</li>
  337. <li style="margin-bottom:8pt;">LAMEA</li>
  338. </ul>
  339. <p><strong>Own your copy of our reach study and stay informed: </strong><strong>https://www.towardspackaging.com/price/5150</strong></p>
  340. <p><strong>Explore the statistics and insights concerning the packaging industry and its segmentation: </strong><strong>Subscribe to Annual Membership</strong></p>
  341. <p><strong>If you have any questions, please feel free to contact us at </strong><strong>sales@towardspackaging.com</strong></p>
  342. <p><strong>About Us</strong></p>
  343. <p>Towards Packaging is a leading global consulting firm specializing in providing comprehensive and strategic research solutions. With a highly skilled and experienced consultant team, we offer a wide range of services designed to empower businesses with valuable insights and actionable recommendations. We stay abreast of the latest industry trends and emerging markets to provide our clients with an unrivalled understanding of their respective sectors. We adhere to rigorous research methodologies, combining primary and secondary research to ensure accuracy and reliability. Our data-driven approach and advanced analytics enable us to unearth actionable insights and make informed recommendations. We are committed to delivering excellence in all our endeavours. Our dedication to quality and continuous improvement has earned us the trust and loyalty of clients worldwide.</p>
  344. <p><strong>Web: </strong><strong>https://www.precedenceresearch.com/</strong></p>
  345. <p><strong>Browse our Brand-New Journal:</strong></p>
  346. <p><strong>https://www.towardshealthcare.com/</strong></p>
  347. <p><strong>https://www.towardsautomotive.com/</strong></p>
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  350. <p /><img src='https://ml.globenewswire.com/media/M2UwN2ZjYWUtNTlkYS00ZWJkLTlmOTctZmIwZjBjMjZkMzM3LTEyMTM4NDk=/tiny/Precedence-Research.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. NewIndiaObserver.com takes no editorial responsibility for the same.</p>
  351. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/foam-packaging-market-size-to-worth-usd-29-28-billion-by-2032/382343/">Foam Packaging Market Size to Worth USD 29.28 Billion by 2032</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  352. ]]></content:encoded>
  356. </item>
  357. <item>
  358. <title>Generic Sterile Injectable Market Size to Worth USD 108.54 Bn by 2033</title>
  359. <link>https://newindiaobserver.com/generic-sterile-injectable-market-size-to-worth-usd-108-54-bn-by-2033/382344/</link>
  361. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  362. <pubDate>Fri, 03 May 2024 15:00:00 +0000</pubDate>
  363. <category><![CDATA[Brand Post]]></category>
  364. <guid isPermaLink="false">https://newindiaobserver.com/generic-sterile-injectable-market-size-to-worth-usd-108-54-bn-by-2033</guid>
  365.  
  366. <description><![CDATA[<p>The global generic sterile injectable market size is calculated at USD 46.53 billion in 2024 and is expected to be worth around USD 108.54 billion by 2033, expanding at a CAGR of 9.85% from 2024 to 2033. Ottawa, May 03, 2024 (GLOBE NEWSWIRE) &#8212; The global generic sterile injectable market size is projected to surpass [&#8230;]</p>
  367. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/generic-sterile-injectable-market-size-to-worth-usd-108-54-bn-by-2033/382344/">Generic Sterile Injectable Market Size to Worth USD 108.54 Bn by 2033</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  368. ]]></description>
  369. <content:encoded><![CDATA[<p><em>The global generic sterile injectable market size is calculated at USD 46.53 billion in 2024 and is expected to be worth around USD 108.54 billion by 2033, expanding at a CAGR of 9.85% from 2024 to 2033.</em></p>
  370. <p>Ottawa, May 03, 2024 (GLOBE NEWSWIRE) &#8212; The global <strong>generic sterile injectable market</strong> size is projected to surpass around USD 100.59 billion by 2032, increasing from USD 42.39 billion in 2023, According to Precedence Research. Hospitals provide patients with good healthcare, which contributes significantly to the growth of the market.</p>
  371. <p align="center"><img decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=66f7d7c2-535a-4f0f-bcd9-37439dc8b3c0&amp;size=3" height="456" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/66f7d7c2-535a-4f0f-bcd9-37439dc8b3c0/image1.png" width="598" /></p>
  372. <p><strong><br />Generic Sterile Injectable Market Revenue (USD Million), By Therapeutic Application </strong></p>
  373. <table style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-collapse: collapse; width:100%; border-collapse:collapse ;">
  374. <tr>
  375. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Therapeutic Application</strong></td>
  376. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; "><strong>2020</strong></td>
  377. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; "><strong>2021</strong></td>
  378. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; "><strong>2022</strong></td>
  379. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; "><strong>2023</strong></td>
  380. </tr>
  381. <tr>
  382. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Cancer</strong></td>
  383. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">8,059.7</td>
  384. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">8,885.6</td>
  385. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">9,820.3</td>
  386. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">10,872.4</td>
  387. </tr>
  388. <tr>
  389. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Diabetes</strong></td>
  390. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">5,655.2</td>
  391. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">6,185.9</td>
  392. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">6,774.1</td>
  393. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">7,428.8</td>
  394. </tr>
  395. <tr>
  396. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Cardiovascular Disease</strong></td>
  397. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">4,590.8</td>
  398. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">4,977.7</td>
  399. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">5,408.4</td>
  400. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">5,885.0</td>
  401. </tr>
  402. <tr>
  403. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Central Nervous System</strong></td>
  404. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">2,716.1</td>
  405. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">2,934.7</td>
  406. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">3,177.4</td>
  407. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">3,445.0</td>
  408. </tr>
  409. <tr>
  410. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Infectious Disorders</strong></td>
  411. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">2,927.3</td>
  412. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">3,172.7</td>
  413. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">3,442.3</td>
  414. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">3,739.5</td>
  415. </tr>
  416. <tr>
  417. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Musculoskeletal System </strong></td>
  418. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">2,517.2</td>
  419. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">2,747.1</td>
  420. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">3,001.5</td>
  421. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">3,283.9</td>
  422. </tr>
  423. <tr>
  424. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Others</strong></td>
  425. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">5,962.0</td>
  426. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">6,492.3</td>
  427. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">7,082.5</td>
  428. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">7,737.5</td>
  429. </tr>
  430. </table>
  431. <p><strong>Generic Sterile Injectable Market Revenue (USD Million), By Distribution Channel </strong></p>
  432. <table style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-collapse: collapse; width:100%; border-collapse:collapse ;">
  433. <tr>
  434. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Distribution Channel</strong></td>
  435. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; "><strong>2020</strong></td>
  436. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; "><strong>2021</strong></td>
  437. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; "><strong>2022</strong></td>
  438. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; "><strong>2023</strong></td>
  439. </tr>
  440. <tr>
  441. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Hospital Pharmacies</strong></td>
  442. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">16,579.9</td>
  443. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">18,078.0</td>
  444. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">19,754.7</td>
  445. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">21,620.7</td>
  446. </tr>
  447. <tr>
  448. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Retail Pharmacies</strong></td>
  449. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">11,967.4</td>
  450. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">13,103.7</td>
  451. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">14,365.3</td>
  452. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">15,771.4</td>
  453. </tr>
  454. <tr>
  455. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Online Pharmacies</strong></td>
  456. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">3,880.9</td>
  457. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">4,214.4</td>
  458. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">4,586.5</td>
  459. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; text-align: center ; vertical-align: middle; ">5,000.0</td>
  460. </tr>
  461. </table>
  462. <p><strong><br />Immediate Delivery Available | Buy This Premium Research Report@ </strong><strong>https://www.precedenceresearch.com/checkout/1214</strong></p>
  463. <p>The generic sterile injectable market is expected to grow during the forecast period because sterile injectable products are used in various medical conditions and diseases. Manufacturers focus on the manufacturing of generic sterile injectable drugs without any impact on their injectable quality. The development of generic sterile injectable products contributes to providing patients and healthcare providers with more treatment options and reducing overall healthcare costs, including those associated with drug product administration and patient compliance, which helps in the growth of the market.</p>
  464. <p>In hospitals, generic sterile injectable drugs are commonly used by anesthesiologists. The generic sterile injectable drugs are antiviral, vaccination, anesthetic, antibiotics, and more. These drugs are used in the treatment of chronic and acute conditions.</p>
  465. <p><strong>Key Insights</strong></p>
  466. <ul type="disc">
  467. <li style="margin-top:12pt;">North America dominated the market with the largest market share of 39% in 2023.</li>
  468. <li style="margin-top:12pt;">Asia-Pacific is estimated to be the fastest-growing during the forecast period of 2024-2033</li>
  469. <li style="margin-top:12pt;">By drug type, the monoclonal antibodies segment has recorded the largest market share of 33.95% in 2023.</li>
  470. <li style="margin-top:12pt;">By drug type, the vaccine segment is significantly growing during the forecast period.</li>
  471. <li style="margin-top:12pt;">By therapeutic application, the cancer segment has generated the biggest market share of 25.64% in 2023.</li>
  472. <li style="margin-top:12pt;">By distribution channel, the hospital pharmacies segment has accounted for more than 51% of the market share in 2023.</li>
  473. <li style="margin-top:12pt;">By distribution channel type, the retail pharmacies segment is the fastest-growing during the forecast period.</li>
  474. </ul>
  475. <p><strong>The Full Study is Readily Available | Download the Sample Pages of this Report@ </strong><strong>https://www.precedenceresearch.com/sample/1214</strong></p>
  476. <p><strong>Regional Stance</strong></p>
  477. <p>The <strong>U.S. generic sterile injectables market size</strong> is projected to reach around USD 37.76 billion by 2033 from USD 14.85 billion in 2023, with a CAGR of 9.77% from 2024 to 2033.</p>
  478. <p align="center"><img loading="lazy" decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=2a765ea4-dadd-425c-bf6e-651fa9240179&amp;size=3" height="377" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/2a765ea4-dadd-425c-bf6e-651fa9240179/image2.png" width="638" /></p>
  479. <p>Government policies and regulatory bodies like the FDA promote the use of sterile injectable drugs in the North American region. <strong>Generic drugs</strong> are a mainstay of medical practice in the US and have been a larger economic success for patients. CivicaRx, a not-for-profit generic drug manufacturer, was created by hospitals and foundations to address critical supply chain vulnerabilities for hospital members.</p>
  480. <p>Nowadays, CivicaRx supplies almost 60 sterile injectable products to its members. The US generic sterile injectable market includes major key players Hikma Pharmaceuticals PLC, Gland Pharma Limited, Merck &amp; Co., CIVICA, Ascendia Pharmaceuticals Inc., Pfizer, Mylan, Sandoz, 3M, and Par Pharmaceutical, Inc.</p>
  481. <ul type="disc">
  482. <li style="margin-top:12pt;">In June 2023, Endo launched the first generic version of Noxafil® (posaconazole) injection.</li>
  483. <li>In August 2023, HIKMA appointed Bill Larkins as the new president of injectables business.</li>
  484. <li>In October 2023, Pharmascience Inc. announced a major expansion of its sterile injectable manufacturing facility in Candiac.</li>
  485. <li>In February 2024, Pharmascience, a huge Canadian-allowed pharmaceutical company, reported a major $120 million sterile injectable manufacturing facility expansion in its Candiac region.</li>
  486. </ul>
  487. <p>Asia-Pacific is estimated to be the fastest-growing during the forecast period of 2024-2033. Increasing chronic diseases, changing lifestyles, and busy schedules contribute to the growth of the market. In the Asia-Pacific region, the increasing population and demand for high-quality healthcare have led to the growth of the market. Pharmaceutical industries and research institutes investing in generic sterile injectable studies contribute to the growth of the generic sterile injectable market. India, Japan, and China are the main regions in the Asia-Pacific region, which helps in the growth of the market.</p>
  488. <ul type="disc">
  489. <li>In February 2024, an Indian branded formulations company, Eris Lifesciences Ltd., reported the enlargement of its sterile injectables impression between the investment of a 51 percent equity share in Swiss Parenterals Ltd. for a deliberation of Rs.637.50 crore.</li>
  490. <li>In March 2024, India has planned to introduce HPV vaccines countrywide. TV Padma observes the state situation in a country that nowadays sees one cervical cancer death every seven minutes. To reduce cervical cancer, India found a solution to vaccinating girls.</li>
  491. <li>In March 2024, Cadila Pharmaceuticals launched a vaccine in India to prevent seasonal flu, a respiratory disease caused by influenza viruses.
  492. </li>
  493. </ul>
  494. <p><strong>You can place an order or ask any questions, please feel free to contact at </strong><strong>sales@precedenceresearch.com</strong><strong> | +1 650 460 3308</strong></p>
  495. <p><strong>Scope of Generic Sterile Injectable Market</strong></p>
  496. <table style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-collapse: collapse; width:100%; border-collapse:collapse ;">
  497. <tr>
  498. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Report Coverage</strong></td>
  499. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; "><strong>Details</strong></td>
  500. </tr>
  501. <tr>
  502. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">CAGR</td>
  503. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">9.85% from 2024 to 2033</td>
  504. </tr>
  505. <tr>
  506. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Market Size in 2023</td>
  507. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">USD 42.39 Billion</td>
  508. </tr>
  509. <tr>
  510. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Market Size in 2024</td>
  511. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">USD 46.53 Billion</td>
  512. </tr>
  513. <tr>
  514. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Market Size by 2033</td>
  515. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">USD 108.54 Billion</td>
  516. </tr>
  517. <tr>
  518. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Largest Market</td>
  519. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">North America</td>
  520. </tr>
  521. <tr>
  522. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Base Year</td>
  523. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">2023</td>
  524. </tr>
  525. <tr>
  526. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Forecast Year</td>
  527. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">2024 to 2033</td>
  528. </tr>
  529. <tr>
  530. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Historical Year</td>
  531. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">2021-2022</td>
  532. </tr>
  533. <tr>
  534. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Segments Covered</td>
  535. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Product, Therapeutic Application, Distribution Channel, and Region</td>
  536. </tr>
  537. <tr>
  538. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Regions Covered        </td>
  539. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">North America, Europe, Asia-Pacific, Latin America, and Middle East &amp; Africa</td>
  540. </tr>
  541. </table>
  542. <p><strong>Report Highlights</strong></p>
  543. <p><strong>Product Type </strong></p>
  544. <p>The <strong>monoclonal antibodies</strong> segment dominated the generic sterile injectable market in 2023. Monoclonal antibodies are research laboratory-manufactured molecules that serve as replaced antibodies that may bring back, increase, and modify the immune system&#8217;s strike on cells that are not hoped for, such as cancer cells. The monoclonal antibodies are used as therapeutic agents in diseases like diabetes, Crohn&#8217;s disease, <strong>breast cancer</strong>, asthma, leukemia, macular degeneration, transplants, and arthritis. Monoclonal antibody treatments can modulate certain signaling pathways of immune cells and stimulate disease-fighting activation of immune responses, helping segment growth.</p>
  545. <ul type="disc">
  546. <li>In March 2024, Roche, a monoclonal antibody Vabysmo (farcical) launched for two critical diseases, diabetic macular edema (DME) and neovascular age-related macular degeneration (AMD) in India.
  547. </li>
  548. <li>In December 2023, a JSR Life Sciences company, KBI Biopharma, Inc., launched SUREmAb, an offering built on KBI’s SUREtechnology Platform planned for cost-efficient, optimized, safe monoclonal antibody (mAb) manufacturing and development.</li>
  549. </ul>
  550. <p>The vaccine segment is significantly growing during the forecast period. Vaccines instruct the immune system to produce antibodies, as it does when it is exposed to a disease. Vaccines contain just weakened or killed forms of germs like bacteria and viruses. They reduce the risk of the illness and its complications. Vaccines help to keep you healthy. Vaccination is safe and means the difference between life and death. Vaccines are designed to prevent diseases and not cause diseases. These advantages of vaccines contribute to the growth of the segment.</p>
  551. <ul type="disc">
  552. <li>In November 2023, Indian Immunologicals Limited launched the measles and rubella vaccine for children.
  553. </li>
  554. <li>In February 2024, Japan&#8217;s Takeda Pharmaceutical, in regulatory talks about launching a dengue vaccine in India</li>
  555. </ul>
  556. <p><strong>By Therapeutic Application</strong></p>
  557. <p>The cancer segment held the largest share of the market in 2023. The demand for generic sterile injectables in <strong>oncology</strong> is due to the increasing number of cancer patients. The applications of injectables have been explored widely, ranging from cancer treatment to long-acting depot injections for central nervous system disorders. The rising demand for generic therapeutics solutions for cancer that usually cost a huge amount for treatment is observed to create a potential for the segment to grow.   </p>
  558. <ul type="disc">
  559. <li>For instance, in August 2023, the National Health Service England launched the world’s first anti-cancer injection capable of reducing cancer treatment time. In some cases, it can reduce the time by up to 75%. It only takes 7 minutes to administer the injection. </li>
  560. </ul>
  561. <p>The diabetes segment is grow at a substantial rate during the forecast period. Commonly, <strong>injectable drugs are used in Type-2 diabetes</strong>. Type-2 diabetes injectable drugs include <strong>insulin</strong>, amylin, and GLP-1 agonists, which contribute to the growth of the segment. The increase in unhealthy lifestyles has led to an increased number of diabetic patients across the world, which is a leading cause of the increased demand for diabetes-related injectables.   </p>
  562. <ul type="disc">
  563. <li>According to the World Health Organization, there are 422 million cases of diabetes globally, among which around 150-200 million people are dependent on insulin therapy. </li>
  564. </ul>
  565. <p><strong>Personalized your customization here: </strong><strong>https://www.precedenceresearch.com/customization/1214</strong></p>
  566. <p><strong>By Distribution Channel Type</strong></p>
  567. <p>The hospital segment dominated the generic sterile injectable market in 2023. Generic sterile injectable drugs are clinically used for hospitalized patients. Operating rooms and intensive care units (ICUs) are the two hospital care areas where high use of generic sterile injectable drugs. Generic sterile injectables are used in hospitals because of their low price and quality compared to normal injectables.</p>
  568. <p>The retail pharmacies segment is the fastest-growing during the forecast period. Retail pharmacies are profitable for the generic sterile injectable market. Retail pharmacies mainly sell GLP-1, which is used to treat diabetes. People who have a doctor’s prescription and don’t need hospital visits can directly purchase the injectables from retail pharmacies. It saves time and hospital visit charges.</p>
  569. <p><strong>Market Dynamics</strong></p>
  570. <p><strong>Driver</strong></p>
  571. <p><strong>Rising investments in research and development</strong></p>
  572. <p>The FDA has reason to invest in research and development to improve existing products or to develop new products. The FDA may substantively improve its approval of new generic suppliers. Laboratories, which certify thousands of products in areas such as fire safety, this arrangement contributes to the speed of market entry by drug suppliers.</p>
  573. <p>Generic manufacturers invest in generic sterile injectable market research to inform them when to expand production in anticipation of an approaching shortage. In emergency rooms, ICUs, cancer clinics, and outpatient elective surgery departments, there is a need for investment in those technologies.</p>
  574. <p><strong>Restraint</strong></p>
  575. <p><strong>Shortage of sterile injectables</strong></p>
  576. <p>Manufacturing and storing injectable medicines are difficult and costly because they can be poisonous or infectious in their natural state. Exposure to light and heat leads to be managed to ensure that they remain sterile.</p>
  577. <p>Many of the physical factors that lead to these shortages include a disruption in the supply of raw materials, an unexpected increase in demand, and natural disasters. Other factors for storage are increasing demand and diseases, which are why manufacturers are unable to fulfill the demand.</p>
  578. <p><strong>Browse More Insights:</strong></p>
  579. <ul type="disc">
  580. <li style="margin-top:12pt;"><strong>Peptide Therapeutics Market: </strong>The global <strong>peptide therapeutics market size</strong> was valued at USD 45.67 billion in 2023 and is expected to surpass around USD 80.44 billion by 2033 with a noteworthy CAGR of 5.63% from 2024 to 2033. </li>
  581. <li style="margin-top:12pt;"><strong>Generic Injectable Market: </strong>The global <strong>generic injectable market size</strong> was exhibited at USD 90 billion in 2022 and it is expected to hit around USD 326.39 billion by 2032, expanding at a CAGR of 13.8% from 2023 to 2032.</li>
  582. <li style="margin-top:12pt;"><strong>Cell Penetrating Peptide Market: </strong>The global <strong>cell penetrating peptide market size</strong> was estimated at USD 1.6 billion in 2022 and is projected to be worth around USD 7.15 billion by 2032, poised to grow at a CAGR of 16.2% from 2023 to 2032.</li>
  583. <li style="margin-top:12pt;"><strong>Subcutaneous Immunoglobulin Market: </strong>The global <strong>subcutaneous immunoglobulin market size</strong> surpassed USD 15.48 billion in 2023 and is estimated to hit around USD 32.59 billion by 2033 with a CAGR of 7.73% from 2024 to 2033.</li>
  584. <li style="margin-top:12pt;"><strong>Immunoglobulin Market: </strong>The global <strong>immunoglobulin market size</strong> was estimated at USD 13.36 billion in 2023 and is anticipated to reach around USD 24.98 billion by 2032, poised to grow at a CAGR of 7.20% from 2023 to 2032.</li>
  585. <li style="margin-top:12pt;"><strong>Intravenous Immunoglobulin Market: </strong>The global <strong>intravenous immunoglobulin market size</strong> was estimated at USD 13.69 billion in 2022 and it is projected to be worth around USD 29.53 billion by 2032, poised to grow at a remarkable CAGR of 7.99% between 2023 and 2032.</li>
  586. </ul>
  587. <p><strong>Opportunity</strong></p>
  588. <p><strong>Development and use of innovative products</strong></p>
  589. <p>Autoinjectors and prefilled syringes (PFS) are the most widely used devices, although innovative modifications like needle dual-chamber design and safety guards and novel devices like on-body injectors have also become promising presentations. Innovation in long-acting injectable (LAI) formulations may provide many benefits over traditional oral formulations as drug product opportunities. Closed system transfer devices are used to inject the drug into the body without contamination.</p>
  590. <p>Closed system transfer devices (CSTDs) pose a major benefit for drug manufacturers in ensuring and assessing drug acceptability and compatibility of dosing accuracy for a range of clinical administration strategies. In the future, continuous innovation, research, and development can help in developing new products, which will provide better results and boost the generic sterile injectable market’s growth.</p>
  591. <p><strong>Recent Developments</strong></p>
  592. <ul type="disc">
  593. <li>In May 2023, Juno Pharmaceuticals elevated Montreal-based drugmaker Omega Labs for expanding its generic injectables business in Canada.
  594. </li>
  595. <li>In August 2023, Pfizer implemented emergency ordering processes for sterile injectables.
  596. </li>
  597. <li>In February 2024, after receiving approval from the United States Food and Drug Administration (U.S. FDA), Lupin Limited launched Bromfenac Ophthalmic Solution, 0.075%, which is generic same as BromSite Ophthalmic Solution, 0.075%, of Sun Pharmaceutical Industries Limited.</li>
  598. </ul>
  599. <p><strong>Market Key Players</strong></p>
  600. <ul type="disc">
  601. <li style="margin-top:12pt;">Fresenius Kabi</li>
  602. <li style="margin-top:12pt;">Baxter</li>
  603. <li style="margin-top:12pt;">Civica</li>
  604. <li style="margin-top:12pt;">Pfizer</li>
  605. <li style="margin-top:12pt;">Mylan</li>
  606. <li style="margin-top:12pt;">Hikma</li>
  607. <li style="margin-top:12pt;">Sandoz</li>
  608. <li style="margin-top:12pt;">Teva</li>
  609. <li style="margin-top:12pt;">Nichi-Iko</li>
  610. <li style="margin-top:12pt;">3M</li>
  611. <li style="margin-top:12pt;">Merck &amp; Co., Inc.</li>
  612. <li style="margin-top:12pt;">Others</li>
  613. </ul>
  614. <p><strong>Market Segmentation</strong></p>
  615. <p><strong>By Drug Type</strong></p>
  616. <ul type="disc">
  617. <li style="margin-top:12pt;">Monoclonal Antibodies</li>
  618. <li style="margin-top:12pt;">Cytokines</li>
  619. <li style="margin-top:12pt;">Insulin</li>
  620. <li style="margin-top:12pt;">Peptide Hormones</li>
  621. <li style="margin-top:12pt;">Vaccines</li>
  622. <li style="margin-top:12pt;">Immunoglobulin</li>
  623. <li style="margin-top:12pt;">Blood Factors</li>
  624. <li style="margin-top:12pt;">Antibiotics</li>
  625. <li style="margin-top:12pt;">Others</li>
  626. </ul>
  627. <p><strong>By Therapeutic Application</strong></p>
  628. <ul type="disc">
  629. <li style="margin-top:12pt;">Cancer</li>
  630. <li style="margin-top:12pt;">Diabetes</li>
  631. <li style="margin-top:12pt;">Cardiovascular Disease</li>
  632. <li style="margin-top:12pt;">Central Nervous System</li>
  633. <li style="margin-top:12pt;">Infectious Disorders</li>
  634. <li style="margin-top:12pt;">Musculoskeletal System</li>
  635. <li style="margin-top:12pt;">Others</li>
  636. </ul>
  637. <p><strong>By Distribution Channel</strong></p>
  638. <ul type="disc">
  639. <li style="margin-top:12pt;">Hospitals Pharmacies</li>
  640. <li style="margin-top:12pt;">Online Pharmacies</li>
  641. <li style="margin-top:12pt;">Retail Pharmacies</li>
  642. <li style="margin-top:12pt;">Others</li>
  643. </ul>
  644. <p><strong>By Geography</strong></p>
  645. <ul type="disc">
  646. <li style="margin-top:12pt;">North America</li>
  647. <li style="margin-top:12pt;">Europe</li>
  648. <li style="margin-top:12pt;">Asia-Pacific</li>
  649. <li style="margin-top:12pt;">Latin America</li>
  650. <li style="margin-top:12pt;">Middle East and Africa</li>
  651. </ul>
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  667. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/generic-sterile-injectable-market-size-to-worth-usd-108-54-bn-by-2033/382344/">Generic Sterile Injectable Market Size to Worth USD 108.54 Bn by 2033</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
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  672. </item>
  673. <item>
  674. <title>Digital Asset Management Market Worth $10.3 billion by 2029, Growing At a CAGR of 14.0% Report by MarketsandMarkets™</title>
  675. <link>https://newindiaobserver.com/digital-asset-management-market-worth-10-3-billion-by-2029-growing-at-a-cagr-of-14-0-report-by-marketsandmarkets/382345/</link>
  677. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  678. <pubDate>Fri, 03 May 2024 14:00:00 +0000</pubDate>
  679. <category><![CDATA[Brand Post]]></category>
  680. <guid isPermaLink="false">https://newindiaobserver.com/digital-asset-management-market-worth-10-3-billion-by-2029-growing-at-a-cagr-of-14-0-report-by-marketsandmarkets</guid>
  681.  
  682. <description><![CDATA[<p>Chicago, May 03, 2024 (GLOBE NEWSWIRE) &#8212; The global Digital Asset Management Market size is expected to grow from USD 5.3 billion in 2024 to USD 10.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period, according to a new report by MarketsandMarkets™. The shift toward remote work and distributed [&#8230;]</p>
  683. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/digital-asset-management-market-worth-10-3-billion-by-2029-growing-at-a-cagr-of-14-0-report-by-marketsandmarkets/382345/">Digital Asset Management Market Worth $10.3 billion by 2029, Growing At a CAGR of 14.0% Report by MarketsandMarkets™</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  684. ]]></description>
  685. <content:encoded><![CDATA[<p align="justify">Chicago, May 03, 2024 (GLOBE NEWSWIRE) &#8212; <b>The global </b><b><u>Digital Asset Management Market</u></b> <b>size is expected to grow from USD 5.3 billion in 2024 to USD 10.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period, according to a new report by MarketsandMarkets<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />.</b> The shift toward remote work and distributed teams has accelerated the adoption of DAM solutions as organizations seek centralized platforms for accessing and collaborating on digital assets from anywhere, anytime.</p>
  686. <p align="justify"><b>Browse in-depth TOC on &#8220;</b><b>Digital Asset Management Market</b><b>&#8220;</b></p>
  687. <p><b>254 &#8211; Tables<br /> 52 &#8211; Figures<br /> 263 &#8211; Pages</b></p>
  688. <p><b>Download Report Brochure @ </b><u>https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=96538567</u></p>
  689. <p><b>Digital Asset Management Market Dynamics:</b></p>
  690. <p><b>Drivers:</b></p>
  691. <ol type="1">
  692. <li style="margin-top:0cm; margin-bottom:8pt;" value="1">Increase in digitalization of content and need for effective collaboration of corporate assets.</li>
  693. <li style="margin-top:0cm; margin-bottom:8pt;">Emergence of cloud-based delivery options</li>
  694. <li style="margin-top:0cm; margin-bottom:8pt;">Growth in need for controlled access and better security of digital assets to avoid copyright issues</li>
  695. <li style="margin-top:0cm; margin-bottom:8pt;">Growing focus on digital marketing</li>
  696. <li style="margin-top:0cm; margin-bottom:8pt;">Focus on enhancing digital experiences of customers.</li>
  697. </ol>
  698. <p><b>Restraints:</b></p>
  699. <ol type="1">
  700. <li style="margin-top:0cm; margin-bottom:8pt;" value="1">High cost of implementation of DAM solutions.</li>
  701. </ol>
  702. <p><b>Opportunities:</b></p>
  703. <ol type="1">
  704. <li style="margin-top:0cm; margin-bottom:8pt;" value="1">Emergence of <u>AI</u> to automate business processes.</li>
  705. <li style="margin-top:0cm; margin-bottom:8pt;">Demand for high-quality digital assets in e-commerce</li>
  706. <li style="margin-top:0cm; margin-bottom:8pt;">Infusion of advanced encryption technologies to streamline digital trading.</li>
  707. </ol>
  708. <p><b>List of Key Players in Digital Asset Management Market:</b></p>
  709. <ul>
  710. <li>Adobe (US)</li>
  711. <li>OpenText (Canada)</li>
  712. <li>Cognizant (US)</li>
  713. <li>Aprimo (US)</li>
  714. <li>Cloudinary (US)</li>
  715. <li>Bynder (Netherlands)</li>
  716. <li>Hyland (US)</li>
  717. <li>Acquia (US)</li>
  718. <li>Frontify (Switzerland)</li>
  719. <li>Veeva Systems (US)</li>
  720. </ul>
  721. <p><b>Get Sample Report @ </b><u>https://www.marketsandmarkets.com/requestsampleNew.asp?id=96538567</u></p>
  722. <p align="justify">Based on the offering, the services segment will grow at the highest CAGR during the forecast period. The DAM market offers a diverse range of services to support organizations in effectively managing their digital assets and maximizing the value derived from them. These services comprise implementation, integration, customization, training, support, and ongoing maintenance. The role of services in the DAM market extends across various asset lifecycle stages, from initial consultation and assessment to ongoing support and optimization. Consulting services assist organizations in defining their DAM requirements, evaluating technology options, and developing a strategic roadmap for DAM implementation. Implementation services focus on deploying and configuring DAM software to meet organizational needs. Services in the DAM market play a critical role in helping organizations unlock the full potential of their digital assets, improve operational efficiency, drive innovation, and achieve business objectives.</p>
  723. <p align="justify"><b>Based on the organization&#8217;s size, SMEs will grow at a higher CAGR during the forecast period.</b></p>
  724. <p align="justify">Small and Medium-sized Enterprises (SMEs) increasingly recognize the significance of DAM solutions in optimizing their operations and enhancing their competitiveness. Unlike large enterprises, SMEs often operate with limited resources and budgets, making efficient asset management crucial for success. DAM solutions allow SMEs to centralize, organize, and access their digital assets more effectively, improving productivity, collaboration, and brand consistency. The scalability and affordability of cloud-based DAM solutions make them particularly attractive to SMEs, allowing them to scale their operations without significant upfront investments in IT infrastructure. As SMEs continue to embrace digital transformation, DAM solutions will play an increasingly critical role in helping them maximize the value of their digital assets.</p>
  725. <p><b>Inquire Before Buying @ </b><u>https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=96538567</u></p>
  726. <p align="justify"><b>Based on business function, the marketing &amp; advertising segment will hold the largest market share in 2023. </b></p>
  727. <p align="justify">In the dynamic digital marketing landscape, where enterprise assets such as images, videos, graphics, and brand materials are crucial, DAM systems offer a centralized storage, organization, and retrieval hub. Marketing and advertising professionals can attest to the transformative impact of DAM solutions, which streamline workflows and enhance productivity. By implementing DAM, teams can overcome the tedious task of sifting through multiple repositories or struggling with version control issues. Quickly locating and accessing assets saves valuable time and supports collaboration and creativity. Moreover, DAM solutions ensure brand consistency by serving as repositories for approved brand assets, thus safeguarding brand integrity across diverse marketing channels; this is particularly crucial in maintaining a cohesive brand identity in the eyes of consumers. Furthermore, DAM analytics provide insights into asset performance, optimizing marketing strategies for improved engagement and ROI.</p>
  728. <p><b>Browse Adjacent Markets</b>: <u>Software and Services Market Research</u> Reports &amp; Consulting</p>
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  730. <p><b><u>5G Services Market</u></b> </p>
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  733. <p><b><u>Wireless Broadband in Public Safety Market</u></b></p>
  734. <p><b><u>Revenue Assurance Market</u></b></p>
  735. <pre>CONTACT: About MarketsandMarkets&#x2122; MarketsandMarkets&#x2122; has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets&#x2122; is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore&#x2122; (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets&#x2122;.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets&#x2122; INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com</pre>
  736. <p><img src='https://ml.globenewswire.com/media/NzMyZjE0ZDEtMDhjYS00ZTA3LWJjYTAtNWE0NDFiMmFiOTgxLTEyMDYwNjc=/tiny/MarketsandMarkets-Research-Pvt.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. NewIndiaObserver.com takes no editorial responsibility for the same.</p>
  737. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/digital-asset-management-market-worth-10-3-billion-by-2029-growing-at-a-cagr-of-14-0-report-by-marketsandmarkets/382345/">Digital Asset Management Market Worth $10.3 billion by 2029, Growing At a CAGR of 14.0% Report by MarketsandMarkets™</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  738. ]]></content:encoded>
  742. </item>
  743. <item>
  744. <title>Automotive Aluminum Wheels Market to Reach $37,000.80 Million, Globally, by 2032 at 7.65% CAGR: Allied Market Research</title>
  745. <link>https://newindiaobserver.com/automotive-aluminum-wheels-market-to-reach-37000-80-million-globally-by-2032-at-7-65-cagr-allied-market-research/382346/</link>
  747. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  748. <pubDate>Fri, 03 May 2024 13:48:00 +0000</pubDate>
  749. <category><![CDATA[Brand Post]]></category>
  750. <guid isPermaLink="false">https://newindiaobserver.com/automotive-aluminum-wheels-market-to-reach-37000-80-million-globally-by-2032-at-7-65-cagr-allied-market-research</guid>
  751.  
  752. <description><![CDATA[<p>Increase in vehicle production &#038; sales, surge in demand for enhanced visual appeal in automobiles, and rise in trend toward weight reduction drive the growth of the global automotive aluminum wheels market. Wilmington, New Castle,&#160;Delaware, May 03, 2024 (GLOBE NEWSWIRE) &#8212; Allied Market Research published a report, titled, “Automotive Aluminum Wheels Market by Vehicle Type (Passenger Car, Light Commercial [&#8230;]</p>
  753. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/automotive-aluminum-wheels-market-to-reach-37000-80-million-globally-by-2032-at-7-65-cagr-allied-market-research/382346/">Automotive Aluminum Wheels Market to Reach $37,000.80 Million, Globally, by 2032 at 7.65% CAGR: Allied Market Research</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  754. ]]></description>
  755. <content:encoded><![CDATA[<p><em>Increase in vehicle production &#038; sales, surge in demand for enhanced visual appeal in automobiles, and rise in trend toward weight reduction drive the growth of the global automotive aluminum wheels market.</em></p>
  756. <p align="justify" style="padding-left:0px;">Wilmington, New Castle,&#160;Delaware, May 03, 2024 (GLOBE NEWSWIRE) &#8212; Allied Market Research published a report, titled,<b> “Automotive Aluminum Wheels Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, Bus, and Trucks), Wheel Size (Less than 15, 16 to 20, and More than 21), Distribution Channel (OEM and Aftermarket), and Propulsion Type (ICE and Electric): Global Opportunity Analysis and Industry Forecast, 2023-2032”. </b>According to the report, the global <b>Automotive Aluminum Wheels </b><b>market</b> generated $18,091.62 million in 2022, and is anticipated to generate $37,000.80 million by 2032, witnessing a CAGR of 7.65% from 2023 to 2032. </p>
  757. <p align="justify" style="padding-left:0px;"><b>Prime Determinants </b><b>o</b><b>f</b><b> Growth</b> </p>
  758. <p align="justify" style="padding-left:0px;">The global automotive aluminum wheels market has experienced significant growth and transformation, driven by a combination of increase in vehicle production and sales, increase in demand for enhanced visual appeal in automobiles and an increase in trend towards weight reduction. Moreover, technological advancements and increase in demand for aftermarket products are likely to shape the industry&#8217;s future, enhancing safety and efficiency. </p>
  759. <p style="padding-left:0px;"><b>Request Sample of the Report on Automotive Aluminum Wheels Market Forecast 2032 :</b> <b>https://www.alliedmarketresearch.com/request-sample/A320545</b> </p>
  760. </p>
  761. <p align="justify" style="padding-left:0px;"><b>Report coverage &amp; details:</b> </p>
  762. <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;">
  763. <tr>
  764. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "><b>Report Coverage</b><b> </b> </td>
  765. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "><b>Details</b><b> </b> </td>
  766. </tr>
  767. <tr>
  768. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Forecast Period  </td>
  769. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">2023–2032  </td>
  770. </tr>
  771. <tr>
  772. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Base Year  </td>
  773. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">2022  </td>
  774. </tr>
  775. <tr>
  776. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Market Size in 2022  </td>
  777. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">$18,091.62 million  </td>
  778. </tr>
  779. <tr>
  780. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Market Size in 2032  </td>
  781. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">$37,000.80 million  </td>
  782. </tr>
  783. <tr>
  784. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">CAGR  </td>
  785. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">7.65%  </td>
  786. </tr>
  787. <tr>
  788. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">No. of Pages in Report  </td>
  789. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">364  </td>
  790. </tr>
  791. <tr>
  792. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Segments Covered  </td>
  793. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Vehicle Type, Wheel Size, Distribution Channel, Propulsion Type, and Region.  </td>
  794. </tr>
  795. <tr>
  796. <td rowspan="2" style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Drivers   </td>
  797. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Increase in vehicle production and sales   </td>
  798. </tr>
  799. <tr>
  800. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Surge in demand for enhanced visual appeal in automobiles Increase in trend towards weight reduction  </td>
  801. </tr>
  802. <tr>
  803. <td rowspan="2" style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Opportunities  </td>
  804. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Technological advancements  </td>
  805. </tr>
  806. <tr>
  807. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Increase in demand for aftermarket products  </td>
  808. </tr>
  809. <tr>
  810. <td rowspan="2" style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Restraints  </td>
  811. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Volatility in raw materials price   </td>
  812. </tr>
  813. <tr>
  814. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">High cost </td>
  815. </tr>
  816. </table>
  817. <p align="justify" style="padding-left:0px;"><b>Procure Complete Report (</b><b>364</b><b> Pages PDF with Insights, Charts, Tables, and Figures):</b> <b>https://www.alliedmarketresearch.com/checkout-final/a</b><b>utomotive-aluminum-wheels-market-A320545</b> </p>
  818. <p align="justify" style="padding-left:0px;"><b>The passenger car segment to </b><b>maintain</b><b> its leadership status throughout the forecast period</b> </p>
  819. <p align="justify" style="padding-left:0px;">By vehicle type, the passenger car segment held the highest market share in 2022, and is estimated to maintain its leadership status with the highest CAGR of 8.35% from 2023 to 2032. This is attributed to rise in population in developing nations, such as China and India, which creates lucrative opportunities for the penetration of electric and hybrid passenger car and assists in the growth of the automotive aluminum wheels market. In addition, factors such as rise in disposable income in countries, such as India and China, and stringent rules and regulations to promote adoption of electric vehicles are projected to increase the demand for automotive aluminum wheels in passenger vehicles, which in turn is projected to contribute toward the growth of the market. </p>
  820. <p align="justify" style="padding-left:0px;"><b>The less than 15 segment to </b><b>maintain</b><b> its dominance throughout the forecast period</b> </p>
  821. <p align="justify" style="padding-left:0px;">By wheel size, the less than 15 segment held the highest market share in 2022, and is estimated to maintain its leadership status with the highest CAGR of 8.5% from 2023 to 2032 due to their high adoption in passenger vehicle segment. In addition, the less than 15 inch segment is the lightest in weight as compared to other wheel types. This allows the vehicle suspension to respond more quickly, which enhances handling, cornering, improving overall maneuverability, increased fuel efficiency, and better handling on the vehicle. </p>
  822. <p align="justify" style="padding-left:0px;"><b>The aftermarket segment to </b><b>maintain</b><b> its leadership throughout the forecast period</b> </p>
  823. <p align="justify" style="padding-left:0px;">By distribution channel, the aftermarket segment held the highest market share in 2022, and it is estimated to maintain its leadership with the highest CAGR of 7.7% during the forecast period due to the presence of numerous companies, which are operating in the aftermarket segment for automobile components. In addition, companies operating as an aftermarket player offer a wide range of products options in the market at a relatively lower price, which helps companies to generate revenue. In addition, customers also prefer buying products from aftermarket players as they are cheaper. Such factors create opportunities for the growth of the segment in the market. </p>
  824. <p align="justify" style="padding-left:0px;"><b>The electric segment </b><b>to maintain</b><b> its lead position during the forecast period.</b> </p>
  825. <p align="justify" style="padding-left:0px;">By propulsion type, the ICE segment held the highest market share in 2022, and is estimated to maintain its leadership status throughout the forecast period 2023-2032, due to affordability of the ICE vehicle. Moreover, in major developing regions, there is lack of EV charging infrastructure. Customers are therefore more likely to choose internal combustion engines (ICEs). ICEs are mostly utilized in commercial vehicles and are going to continue to dominate the market for few years. However, the electric segment is projected to manifest the highest CAGR of 9.48% from 2023 to 2032, due to the surge in demand for electric vehicles owing to increase in the prices of fuel and strengthening government policies toward traditional internal combustion engine vehicles to  reduce carbon emissions. </p>
  826. <p align="justify" style="padding-left:0px;"><b>Asia-Pacific to </b><b>maintain</b><b> its dominance by 2032</b> </p>
  827. <p align="justify" style="padding-left:0px;">By region, Asia-Pacific held the highest market share in terms of revenue in 2022 and is estimated to maintain its leadership status with the highest CAGR of 8.37% throughout the forecast period due to factors such as significant rise in income levels and increase in urbanization in emerging countries of Asia-Pacific. In addition, strengthening regulation related to vehicle emission, and subsidies and incentive scheme for hybrid &amp; electric vehicles are helping in the market growth. Passenger electric vehicles are gaining popularity among consumers, which will further boost the demand for automotive aluminum wheels. </p>
  828. <p align="justify" style="padding-left:0px;"><b>To Talk </b><b>With</b><b> Our Industry Expert @</b> <b>https://www.alliedmarketresearch.com/connect-to-analyst/A320545</b> </p>
  829. <p align="justify" style="padding-left:0px;"><b>Leading Market Players:</b></p>
  830. <ul>
  831. <li>ENKEI Wheels (India) Limited  </li>
  832. <li> Wheel Pros  </li>
  833. <li> Accuride Corporation  </li>
  834. <li> CITIC LIMITED  </li>
  835. <li> BBS Kraftfahrzeugtechnik AG  </li>
  836. <li> OTTO FUCHS KG  </li>
  837. <li> Ronal Group  </li>
  838. <li> Wanfeng Group Co., Ltd.  </li>
  839. <li> BBS Japan Co., Ltd.  </li>
  840. <li> SuperAlloy Industrial Co., Ltd.  </li>
  841. <li> Maxion Wheels  </li>
  842. <li> Uno Minda  </li>
  843. <li> Fuel Off-Road Wheels  </li>
  844. <li> MHT Luxury Wheels  </li>
  845. <li> ALCOA WHEELS  </li>
  846. <li> Zhejiang Hongxin Technology Co., Ltd.,   </li>
  847. <li>UNIWHEELS AG. </li>
  848. </ul>
  849. <p align="justify" style="padding-left:0px;">The report provides a detailed analysis of these key players in the global automotive aluminum wheels market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. </p>
  850. <p align="justify" style="padding-left:0px;"><b>Browse More Trending Reports</b> </p>
  851. <p align="justify" style="padding-left:0px;"><b>Electric Vehicle Charging System Market Size</b> Share, Competitive Landscape and Trend Analysis Report by Product Type, Mode of Charging and Charging Voltage Level &#8211; Global Opportunity Analysis and Industry Forecast, 2021-2030 </p>
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  854. <p align="justify" style="padding-left:0px;"><b>About Us</b> </p>
  855. <p align="justify" style="padding-left:0px;">Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of &#8220;Market Research Reports&#8221; and &#8220;Business Intelligence Solutions.&#8221; AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. </p>
  856. <p align="justify" style="padding-left:0px;">We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. </p>
  857. <p style="padding-left:0px;"><b>Contact:</b> </p>
  858. <p style="padding-left:0px;">David Correa <br />1209 Orange Street, <br />Corporation Trust Center, <br />Wilmington, New Castle, <br />Delaware 19801 USA. <br />USA/Canada (Toll Free): <br />+1-800-792-5285 <br />UK: +44-845-528-1300 <br />Hong Kong: +852-301-84916 <br />India (Pune): +91-20-66346060 <br />Fax: +1-800-792-5285 <br />help@alliedmarketresearch.com </p>
  859. <p style="padding-left:0px;"><b>Web</b>: www.alliedmarketresearch.com </p>
  860. <p style="padding-left:0px;"><b>AMR Resource Center</b>: https://www.alliedmarketresearch.com/resource-center </p>
  861. <p><img src='https://ml.globenewswire.com/media/ZGNmYTI3NDEtOGQwNy00MDcwLThlZmMtZGY4MzYwZDE1MGJhLTEwOTg1MDg=/tiny/Allied-Analytics-LLP.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. NewIndiaObserver.com takes no editorial responsibility for the same.</p>
  862. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/automotive-aluminum-wheels-market-to-reach-37000-80-million-globally-by-2032-at-7-65-cagr-allied-market-research/382346/">Automotive Aluminum Wheels Market to Reach $37,000.80 Million, Globally, by 2032 at 7.65% CAGR: Allied Market Research</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  863. ]]></content:encoded>
  867. </item>
  868. <item>
  869. <title>Market for Functional Food Ingredients Industry is Booming on Health and Wellness Trends</title>
  870. <link>https://newindiaobserver.com/market-for-functional-food-ingredients-industry-is-booming-on-health-and-wellness-trends/382347/</link>
  872. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  873. <pubDate>Fri, 03 May 2024 13:30:00 +0000</pubDate>
  874. <category><![CDATA[Brand Post]]></category>
  875. <guid isPermaLink="false">https://newindiaobserver.com/market-for-functional-food-ingredients-industry-is-booming-on-health-and-wellness-trends</guid>
  876.  
  877. <description><![CDATA[<p>Chicago, May 03, 2024 (GLOBE NEWSWIRE) &#8212; Functional food ingredients are bioactive compounds that are added to food or beverages to promote health benefits beyond basic nutrition. These ingredients can be derived from a variety of sources, including plants, animals, microorganisms, and minerals. The global functional food ingredients market size, valued at USD 119.2 billion [&#8230;]</p>
  878. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/market-for-functional-food-ingredients-industry-is-booming-on-health-and-wellness-trends/382347/">Market for Functional Food Ingredients Industry is Booming on Health and Wellness Trends</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  879. ]]></description>
  880. <content:encoded><![CDATA[<p align="justify">Chicago, May 03, 2024 (GLOBE NEWSWIRE) &#8212; Functional food ingredients are bioactive compounds that are added to food or beverages to promote health benefits beyond basic nutrition. These ingredients can be derived from a variety of sources, including plants, animals, microorganisms, and minerals. The global <b><u>functional food ingredients market size</u></b>, valued at USD 119.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 165.8 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 6.8% during the forecast period.</p>
  881. <p align="justify"><b>Some common examples of functional food ingredients include:</b></p>
  882. <ul>
  883. <li><b>Probiotics:</b> Live bacteria that can improve gut health. Probiotics are found in yogurt, kefir, kimchi, and some sauerkraut.
  884. </li>
  885. <li><b>Prebiotics:</b> Non-digestible fibers that feed probiotics and promote gut health. Prebiotics are found in fruits, vegetables, whole grains, and legumes.
  886. </li>
  887. <li><b>Fiber:</b> Dietary fiber can help with digestion, weight management, and blood sugar control. Fiber is found in fruits, vegetables, whole grains, and legumes.
  888. </li>
  889. <li><b>Omega-3 fatty acids:</b> These healthy fats can improve heart health, brain function, and reduce inflammation. Omega-3 fatty acids are found in fatty fish, flaxseeds, chia seeds, and walnuts.
  890. </li>
  891. <li><b>Antioxidants:</b> These compounds can protect cells from damage and may reduce the risk of chronic diseases such as cancer and heart disease. Antioxidants are found in fruits, vegetables, whole grains, and nuts.</li>
  892. </ul>
  893. <p><b>Request for Sample Pages of Report@  </b><u>https://www.marketsandmarkets.com/requestsampleNew.asp?id=9242020</u></p>
  894. <p align="justify"><b><i>Some of the Market Players in the Functional Food Ingredients Industry</i></b></p>
  895. <ul>
  896. <li><i>Cargill, Incorporated (US)</i></li>
  897. <li><i>BASF SE (Germany)</i></li>
  898. <li><i>ADM (US)</i></li>
  899. <li><i>International Flavors &amp; Fragrances Inc. (US)</i></li>
  900. <li><i>Arla Foods amba (Denmark)</i></li>
  901. <li><i>Kerry Group plc (Ireland)</i></li>
  902. <li><i>Ajinomoto Co., Inc. (Japan)</i></li>
  903. <li><i>DSM (Netherlands)</i></li>
  904. <li><i>Ingredion (US)</i></li>
  905. <li><i>Tate &amp; Lyle (UK)</i></li>
  906. <li><i>TEIJIN LIMITED (Japan)</i></li>
  907. </ul>
  908. <p align="justify"><b>The emergence of the &#8220;beauty from within&#8221; trend has significantly fueled the demand for the functional food ingredients market</b></p>
  909. <p align="justify">The functional food ingredients market is thriving, driven by a growing emphasis on health and wellness among consumers. This shift in consumer behavior is fueled by several factors, including:</p>
  910. <ul>
  911. <li><b>Rising awareness of health and wellness:</b>  People are increasingly aware of the link between diet and health outcomes, leading them to prioritize healthier food choices.
  912. </li>
  913. <li><b>Accessibility of information:</b> Widespread access to information through various media channels empowers consumers to make informed decisions about their diets. Scientific research highlighting the benefits of certain nutrients further fuels this trend.
  914. </li>
  915. <li><b>Demographic shifts:</b> An aging population and a growing middle class in emerging economies are creating a demand for functional foods that address specific health concerns.
  916. </li>
  917. <li><b>The &#8220;beauty from within&#8221; trend:</b> Consumers are recognizing the connection between diet and physical appearance, leading to a surge in demand for functional foods that promote beauty from within.</li>
  918. </ul>
  919. <p align="justify">These trends are creating a market for functional food ingredients rich in bioactive compounds like protein, vitamins, and omega-3 fatty acids. These ingredients offer a natural way to improve health and appearance, appealing to consumers seeking preventive healthcare and alternatives to traditional beauty regimens.</p>
  920. <p align="justify"><b>Functional Food Applications: Food Leads the Way</b></p>
  921. <p align="justify">The food segment holds the largest share of the functional food ingredients market. This dominance can be attributed to several factors:</p>
  922. <ul>
  923. <li><b>Essential part of daily life:</b> Food provides a natural and convenient way to incorporate functional ingredients into consumers&#8217; diets.
  924. </li>
  925. <li><b>Versatility:</b> Functional ingredients can be seamlessly integrated into various food categories like bakery, confectionery, dairy, and savory snacks, without significantly altering taste or texture.
  926. </li>
  927. <li><b>Streamlined regulations:</b> Regulatory processes for functional ingredients in food products are generally less stringent compared to beverages and nutraceuticals, allowing for faster product development and market entry.</li>
  928. </ul>
  929. <p><b>You can Buy this Report @ </b><u>https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=9242020</u></p>
  930. <p align="justify"><b>North America Takes the Lead</b></p>
  931. <p align="justify">North America is expected to remain at the forefront of the functional food ingredients market. This dominance is driven by several factors:</p>
  932. <ul>
  933. <li><b>High dietary supplement usage:</b> Consumers in North America widely adopt dietary supplements, indicating a strong market for functional food ingredients.
  934. </li>
  935. <li><b>Robust R&amp;D infrastructure:</b> The region boasts a strong infrastructure for research and development in the food and beverage industry, facilitating innovation in functional ingredients.
  936. </li>
  937. <li><b>Stringent regulations:</b> Strong regulatory frameworks ensure the safety and efficacy of functional food ingredients, bolstering consumer trust and market growth.
  938. </li>
  939. <li><b>Focus on health and wellness:</b> Consumers in North America are increasingly seeking products with tangible health benefits, driving demand for functional foods with ingredients like carotenoids, protein, and amino acids.</li>
  940. </ul>
  941. <p align="justify">The convergence of health, wellness, and beauty aspirations is expected to propel the functional food ingredients market further in the coming years. As consumers become more informed and proactive about their health, the demand for functional food ingredients that offer a natural and holistic approach to well-being is likely to continue to rise.</p>
  942. <p align="justify"><b>Browse Related Reports:</b></p>
  943. <p align="justify"><b><u>Health Ingredients Market</u></b></p>
  944. <p align="justify"><b><u>Food Extrusion Market</u></b></p>
  945. <pre>CONTACT: About MarketsandMarkets&#x2122; MarketsandMarkets&#x2122; has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets&#x2122; is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore&#x2122; (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets&#x2122;.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets&#x2122; INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com</pre>
  946. <p><img src='https://ml.globenewswire.com/media/MzU3ZmU5YTItNzEzMC00NGUzLWFlZjktY2NhM2U1YzM4YWRjLTEyMDYwNjc=/tiny/MarketsandMarkets-Research-Pvt.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. NewIndiaObserver.com takes no editorial responsibility for the same.</p>
  947. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/market-for-functional-food-ingredients-industry-is-booming-on-health-and-wellness-trends/382347/">Market for Functional Food Ingredients Industry is Booming on Health and Wellness Trends</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  948. ]]></content:encoded>
  952. </item>
  953. <item>
  954. <title>Automotive Rocker Panel Market to Reach $86,444.32 Million, Globally, by 2033 at 5.1% CAGR: Allied Market Research</title>
  955. <link>https://newindiaobserver.com/automotive-rocker-panel-market-to-reach-86444-32-million-globally-by-2033-at-5-1-cagr-allied-market-research/382348/</link>
  957. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  958. <pubDate>Fri, 03 May 2024 13:20:00 +0000</pubDate>
  959. <category><![CDATA[Brand Post]]></category>
  960. <guid isPermaLink="false">https://newindiaobserver.com/automotive-rocker-panel-market-to-reach-86444-32-million-globally-by-2033-at-5-1-cagr-allied-market-research</guid>
  961.  
  962. <description><![CDATA[<p>Increase in vehicle production, technological advancements, and aftermarket growth are expected to drive the growth of the global automotive rocker panel market. Wilmington, New Castle,&#160;Delaware, May 03, 2024 (GLOBE NEWSWIRE) &#8212; Allied Market Research published a report, titled, “Automotive Rocker Panel Market by Product Type (Steel, Plastic, and Rubber), Vehicle Type (Passenger Car and Commercial Vehicle), [&#8230;]</p>
  963. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/automotive-rocker-panel-market-to-reach-86444-32-million-globally-by-2033-at-5-1-cagr-allied-market-research/382348/">Automotive Rocker Panel Market to Reach $86,444.32 Million, Globally, by 2033 at 5.1% CAGR: Allied Market Research</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  964. ]]></description>
  965. <content:encoded><![CDATA[<p><em>Increase in vehicle production, technological advancements, and aftermarket growth are expected to drive the growth of the global automotive rocker panel market.</em></p>
  966. <p align="justify" style="padding-left:0px;">Wilmington, New Castle,&#160;Delaware, May 03, 2024 (GLOBE NEWSWIRE) &#8212; Allied Market Research published a report, titled,<b> “Automotive Rocker Panel Market by Product Type (Steel, Plastic, and Rubber), Vehicle Type (Passenger Car and Commercial Vehicle), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2024–2033.&#8221; </b>According to the report, the <b>automotive rocker panel market</b> was valued at $ 54,341.2 million in 2023 and is projected to reach $ 86,444.32 million by 2033, registering a CAGR of 5.1% from 2024 to 2033. </p>
  967. <p align="justify" style="padding-left:0px;"><b>Prime determinants of growth</b> </p>
  968. <p align="justify" style="padding-left:0px;">The industry’s sales are majorly influenced by an increase in vehicle production. Manufacturers adjust their strategies based on demand fluctuations to take advantage of opportunities and manage risks effectively. When production volumes increase manufacturers can have cost savings due to economies of scale resulting in profits per unit. Higher production levels further enable manufacturers to keep up with growing consumer demand, ensuring delivery of vehicles to dealerships and customers. Rise in vehicle production often corresponds with indicators like consumer confidence and spending, which further boosts sales. Moreover, expanding production creates job opportunities and drives growth in areas where automotive manufacturing facilities are located, thereby fostering a supportive environment for increased vehicle sales. However, manufacturers align their production levels with market demand to avoid overproduction and excess inventory accumulation that could lead to pricing pressures and reduced profitability. By monitoring production trends and consumer preferences, manufacturers can optimize their production strategies to effectively meet demand and boost sales in the automotive market. </p>
  969. <p style="padding-left:0px;"><b>Request Sample of the Report on </b><b>Automotive Rocker Panel Market</b><b> Forecast 2033 :</b> <b>https://www.alliedmarketresearch.com/request-sample/A133442</b> </p>
  970. <p align="justify" style="padding-left:0px;"><b>Report Coverage &amp; Details:</b> </p>
  971. <table style="border-collapse: collapse; margin-left:0px; margin-right:0px; border-collapse:collapse ;">
  972. <tr>
  973. <td style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> <b>Report Coverage</b><b> </b>  </td>
  974. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> <b>Details</b><b> </b>  </td>
  975. </tr>
  976. <tr>
  977. <td style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Forecast Period   </td>
  978. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> 2024–2033   </td>
  979. </tr>
  980. <tr>
  981. <td style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Base Year   </td>
  982. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> 2023   </td>
  983. </tr>
  984. <tr>
  985. <td style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Market Size in 2023   </td>
  986. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> $54,341.2 Million   </td>
  987. </tr>
  988. <tr>
  989. <td style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Market Size in 2033   </td>
  990. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> $86,444.32 Million   </td>
  991. </tr>
  992. <tr>
  993. <td style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> CAGR   </td>
  994. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> 5.1%   </td>
  995. </tr>
  996. <tr>
  997. <td style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> No. of Pages in Report   </td>
  998. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> 305   </td>
  999. </tr>
  1000. <tr>
  1001. <td style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Segments covered   </td>
  1002. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Product Type, Vehicle Type, Sales Channel, and Region   </td>
  1003. </tr>
  1004. <tr>
  1005. <td colspan="1" rowspan="3" style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Drivers    </td>
  1006. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Innovations in vehicle technology   </td>
  1007. </tr>
  1008. <tr>
  1009. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Stringent emission regulations, safety standards, and fuel efficiency requirements to increase sales   </td>
  1010. </tr>
  1011. <tr>
  1012. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Investments in transportation infrastructure to create global demand   </td>
  1013. </tr>
  1014. <tr>
  1015. <td colspan="1" rowspan="2" style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Opportunities   </td>
  1016. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Collaborations with original equipment manufacturers   </td>
  1017. </tr>
  1018. <tr>
  1019. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Consumer demand for personalized vehicle aesthetics   </td>
  1020. </tr>
  1021. <tr>
  1022. <td colspan="1" rowspan="2" style="width:152px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Restraints   </td>
  1023. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Increase in production costs   </td>
  1024. </tr>
  1025. <tr>
  1026. <td style="width:645px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "> Slow adoption of new technologies  </td>
  1027. </tr>
  1028. </table>
  1029. <p><b>Procure Complete Report (305 Pages PDF with Insights, Charts, Tables, and Figures): </b><b>https://www.alliedmarketresearch.com/checkout-final/automotive-</b><b>rocker-panel-market-A133442</b> </p>
  1030. <p align="justify" style="padding-left:0px;"><b>The steel segment to </b><b>maintain</b><b> its leadership status throughout the forecast period</b> </p>
  1031. <p align="justify" style="padding-left:0px;">Depending on product type, the steel segment held the highest market share in 2023, accounting for around two-thirds of the global automotive rocker panel market revenue and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the fact that the sales of steel rocker panels is projected to rise as they are known for their durability and strength, providing protection against impacts and scratches. In addition, steel panels offer enhanced safety and endurance, thereby appealing to buyers who value toughness and strength of materials. Moreover, steel’s ability to withstand harsh environmental conditions draws a large customer base who prioritizes reliability above all. </p>
  1032. <p align="justify" style="padding-left:0px;">However, the plastic segment is projected to exhibit a suitable CAGR of 7.5% during the forecast period, owing to increase in use of plastic to manufacture automotive rocker panel due to its lightweight, design flexibility, and resistance to rust and corrosion. In addition, plastic rocker panels serve as a cost-effective solution. Furthermore, there have been developments in plastic technology aimed at enhancing durability and visual appeal, which are expected to boost the growth of the segment in the coming future. </p>
  1033. <p align="justify" style="padding-left:0px;"><b>The passenger car segment to </b><b>maintain</b><b> its leadership status throughout the forecast period</b> </p>
  1034. <p align="justify" style="padding-left:0px;">On the basis of vehicle type, the passenger car segment held the highest market share in 2023, accounting for more than two-thirds of the global automotive rocker panel market and is projected to grow at a CAGR of 4.3% during the forecast period. Passenger cars designed for passengers frequently focus on looks and fashion leading to an increased interest in rocker panel enhancements to boost their appeal. Moreover, with the growing passenger car industry, the demand for replacement components and personalized features is expected to rise simultaneously. </p>
  1035. <p align="justify" style="padding-left:0px;">However, the commercial vehicle segment is projected to register a CAGR of 7.0% during the forecast period. This is attributed to the fact that the demand for rocker panels for commercial vehicles is expected to rise as industries such as transportation, logistics, and construction, continue to grow. Moreover, commercial vehicles endure usage and wear, which necessitates the replacement of rocker panels to uphold fleet integrity, safety, and operational efficiency. </p>
  1036. <p align="justify" style="padding-left:0px;"><b>The OEM segment to </b><b>maintain</b><b> its leadership status throughout the forecast period</b> </p>
  1037. <p align="justify" style="padding-left:0px;">By sales channel, the OEM segment held the highest market share in 2023, accounting for more than three-fourths of the global automotive rocker panel market, and is projected to grow at a CAGR of 4.5% during the forecast period. The demand for rocker panels from OEMs is expected to rise as they guarantee quality, compatibility, and smooth integration with vehicles during production. Consumers and vehicle manufacturers trust OEM parts for their dependability, warranty protection, and compliance with industry regulations, making them a preferred choice. </p>
  1038. <p align="justify" style="padding-left:0px;">However, the aftermarket segment is projected to register a CAGR of 9.1% during the forecast period. This is attributed to the fact that the demand for rocker panels through aftermarket is poised to increase as consumers often turn to aftermarket options for customization, performance upgrades, and cost-effectiveness compared to OEM parts.  </p>
  1039. <p align="justify" style="padding-left:0px;"><b>Asia-Pacific to </b><b>maintain</b><b> its dominance by 2033</b> </p>
  1040. <p align="justify" style="padding-left:0px;">Region-wise, Asia-Pacific was the major revenue contributor in 2023, accounting for more than half of the global automotive rocker panel market revenue. This is attributed to the fact that the demand for automotive rocker panels is projected to increase in Asia-Pacific due to the burgeoning automotive industry and rising vehicle ownership rates. With expanding economies, the demand for both passenger and commercial vehicles is expected to rise, thereby driving the need for replacement parts and aftermarket customization, including rocker panels, to meet diverse consumer preferences. </p>
  1041. <p align="justify" style="padding-left:0px;">However, North America is projected to register a CAGR of 7.9% during the forecast period. This is attributed to the fact that the deals of automotive rocker panels are expected to rise in North America due to aging vehicle fleet, increased focus on vehicle customization &amp; restoration, and expansion of the aftermarket automotive industry. Moreover, harsh winter conditions in some regions contribute to higher rates of corrosion and damage, necessitating rocker panel replacements. </p>
  1042. <p align="justify" style="padding-left:0px;"><b>To Talk </b><b>With</b><b> Our Industry Expert @</b> <b>https://www.alliedmarketresearch.com/connect-to-analyst/A133442</b> </p>
  1043. <p align="justify" style="padding-left:0px;"><b>Leading Market Players</b></p>
  1044. <ul>
  1045. <li>C2C Fabrication </li>
  1046. <li>Putco </li>
  1047. <li>Smittybilt </li>
  1048. <li>Innovative Creations </li>
  1049. <li>Rugged Ridge </li>
  1050. <li>B&amp;I </li>
  1051. <li>QMI Sharp </li>
  1052. <li>Willmore Manufacturing </li>
  1053. <li>Nor/Am Auto Body Parts </li>
  1054. <li>Auto Metal Direct  </li>
  1055. </ul>
  1056. <p align="justify" style="padding-left:0px;">The report provides a detailed analysis of these key players in the global automotive rocker panel market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, and agreements to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. </p>
  1057. <p align="justify" style="padding-left:0px;"><b>About Us</b> </p>
  1058. <p align="justify" style="padding-left:0px;">Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of &#8220;<strong>Market Research Reports</strong>&#8221; and &#8220;Business Intelligence Solutions.&#8221; AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. </p>
  1059. <p align="justify" style="padding-left:0px;">We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. </p>
  1060. <p style="padding-left:0px;"><b>Contact:</b> </p>
  1061. <p style="padding-left:0px;">David Correa <br />1209 Orange Street, <br />Corporation Trust Center, <br />Wilmington, New Castle, <br />Delaware 19801 USA. <br />USA/Canada (Toll Free): <br />+1-800-792-5285 <br />UK: +44-845-528-1300 <br />Hong Kong: +852-301-84916 <br />India (Pune): +91-20-66346060 <br />Fax: +1-800-792-5285 <br />help@alliedmarketresearch.com </p>
  1062. <p style="padding-left:0px;"><b>Web</b>: www.alliedmarketresearch.com </p>
  1063. <p style="padding-left:0px;"><b>AMR Resource Center</b>: https://www.alliedmarketresearch.com/resource-center </p>
  1064. <p><img src='https://ml.globenewswire.com/media/ZGQzNWVkNjEtMjM0NC00NGZhLTgyZjktMjdiM2QxODMyNDdiLTEwOTg1MDg=/tiny/Allied-Analytics-LLP.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. NewIndiaObserver.com takes no editorial responsibility for the same.</p>
  1065. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/automotive-rocker-panel-market-to-reach-86444-32-million-globally-by-2033-at-5-1-cagr-allied-market-research/382348/">Automotive Rocker Panel Market to Reach $86,444.32 Million, Globally, by 2033 at 5.1% CAGR: Allied Market Research</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  1066. ]]></content:encoded>
  1070. </item>
  1071. <item>
  1072. <title>Human Identification Market is Expected to Reach $1.3 billion &#124; MarketsandMarkets™</title>
  1073. <link>https://newindiaobserver.com/human-identification-market-is-expected-to-reach-1-3-billion-marketsandmarkets/382349/</link>
  1075. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  1076. <pubDate>Fri, 03 May 2024 12:30:00 +0000</pubDate>
  1077. <category><![CDATA[Brand Post]]></category>
  1078. <guid isPermaLink="false">https://newindiaobserver.com/human-identification-market-is-expected-to-reach-1-3-billion-marketsandmarkets</guid>
  1079.  
  1080. <description><![CDATA[<p>Chicago, May 03, 2024 (GLOBE NEWSWIRE) &#8212; Human Identification market in terms of revenue was estimated to be worth $0.8 billion in 2024 and is poised to reach $1.3 billion by 2029, growing at a CAGR of 10.7% from 2024 to 2029 according to a latest report published by MarketsandMarkets™. The use of rapid DNA [&#8230;]</p>
  1081. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/human-identification-market-is-expected-to-reach-1-3-billion-marketsandmarkets/382349/">Human Identification Market is Expected to Reach $1.3 billion | MarketsandMarkets™</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  1082. ]]></description>
  1083. <content:encoded><![CDATA[<p align="justify">Chicago, May 03, 2024 (GLOBE NEWSWIRE) &#8212; <b>Human Identification market</b> in terms of revenue was estimated to be worth $0.8 billion in 2024 and is poised to reach $1.3 billion by 2029, growing at a CAGR of 10.7% from 2024 to 2029 according to a latest report published by MarketsandMarkets<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />.</p>
  1084. <p align="justify">The use of rapid DNA technology in forensic science can be attributed to their ability to provide quick and reliable results. Conducted entirely on a single automated instrument, this process significantly outpaces traditional DNA techniques., which is a significant factor driving their uptake.</p>
  1085. <p align="justify"><b>Download an Illustrative overview: </b><b>https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=100607777</b></p>
  1086. <p align="justify"><b>Human Identification</b><b> Market</b><b> Scope:</b></p>
  1087. <table style="border-collapse: collapse; width:426.15pt; border-collapse:collapse ;">
  1088. <tr>
  1089. <td style="width:207.27px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> <b>Report Coverage</b> </td>
  1090. <td style="width:360.94px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> <b>Details</b> </td>
  1091. </tr>
  1092. <tr>
  1093. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Market Revenue in 2024 </td>
  1094. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> $0.8 billion </td>
  1095. </tr>
  1096. <tr>
  1097. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Estimated Value by 2029 </td>
  1098. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> $1.3 billion </td>
  1099. </tr>
  1100. <tr>
  1101. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Growth Rate </td>
  1102. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Poised to grow at a CAGR of 10.7% </td>
  1103. </tr>
  1104. <tr>
  1105. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Market Size Available for </td>
  1106. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> 2022–2029 </td>
  1107. </tr>
  1108. <tr>
  1109. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Forecast Period </td>
  1110. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> 2024–2029 </td>
  1111. </tr>
  1112. <tr>
  1113. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Forecast Units </td>
  1114. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Value (USD Billion) </td>
  1115. </tr>
  1116. <tr>
  1117. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Report Coverage </td>
  1118. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Revenue Forecast, Competitive Landscape, Growth Factors, and Trends </td>
  1119. </tr>
  1120. <tr>
  1121. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Segments Covered </td>
  1122. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Product, technology, application and end user </td>
  1123. </tr>
  1124. <tr>
  1125. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Geographies Covered </td>
  1126. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> North America, Europe, Asia Pacific, Latin America, the Middle East &amp; Africa, and GCC countries </td>
  1127. </tr>
  1128. <tr>
  1129. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Report Highlights </td>
  1130. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Updated financial information / product portfolio of players </td>
  1131. </tr>
  1132. <tr>
  1133. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Key Market Opportunity </td>
  1134. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Increasing investments and funding for forensic research </td>
  1135. </tr>
  1136. <tr>
  1137. <td style="width:207.27px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Key Market Driver </td>
  1138. <td style="width:360.94px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; "> Rise in crime rates </td>
  1139. </tr>
  1140. </table>
  1141. <p align="justify">Based on product, the human identification market is broadly classified into consumables, instruments, and software. In 2023, the consumables segment accounted for the largest share of the human identification market. These consumables are frequently used in large amounts of repeat purchases by institutions and organizations that are involved in human identification, resulting in a steady demand and significant market share.</p>
  1142. <p align="justify">Categorized by technology, the human identification market is segmented into polymerase chain reaction, next-generation sequencing, capillary electrophoresis, microarrays, and rapid DNA analysis. In 2023, the largest share of the human identification market was held by the capillary electrophoresis segment. Capillary electrophoresis helps identify individuals or establish biological links from DNA samples collected at crime scenes from suspects or missing people.</p>
  1143. <p align="justify">Categorized by application, the human identification market is divided into forensics, paternity testing, and other applications (disaster victim identification, population genetics, identification of crimes related to human trafficking, and anthropology applications). In 2023, the forensics segment accounted for the predominant share of the human identification market. Forensic laboratories use human identification tools to provide and validate data that is used to solve criminal cases. Various government agencies, such as the Defense Science and Technology Laboratory (DSTL) and the National Physical Laboratory (NPL), carry out research activities focused on forensic development.</p>
  1144. <p align="justify">Based on end users, the human identification market is segmented into forensic laboratories, research centers and academic &amp; government institutes, and other end users. In 2023, Forensic laboratories will dominate the market with highest growth rate due to its capability to handle a large number of cases and samples, especially in highly populated areas or regions with high crime rates.</p>
  1145. <p align="justify">The global human identification market has been segmented into six major regions: North America, Europe, Asia Pacific, Latin America, the Middle East &amp; Africa, and GCC countries. The Asia Pacific region is expected to offer significant growth opportunities for players operating in the human identification market during the forecast period, primarily due to the increasing crime rates, rising number of forensic laboratories, and implementation of awareness campaigns and conferences on human identification and forensic sciences.</p>
  1146. <p align="justify"><b>Buy a Robotic Radiotherapy Industry Report (242 Pages PDF with Insightful Charts, Tables, and Figures): </b><b>https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=100607777</b></p>
  1147. <p align="justify"><b>Human Identification market major players covered in the report, such as:</b></p>
  1148. <ul>
  1149. <li>Thermo Fisher Scientific Inc. (US)</li>
  1150. <li>QIAGEN N.V. (Netherlands)</li>
  1151. <li>Promega Corporation (US)</li>
  1152. <li>Hamilton Company (US)</li>
  1153. <li>FUJIFILM Wako Pure Chemical Corporation (Japan)</li>
  1154. <li>ANDE (US)</li>
  1155. <li>AutoGen Inc. (US)</li>
  1156. <li>InnoGenomics Technologies, LLC (US)</li>
  1157. <li>Oxford Nanopore Technologies Plc (UK)</li>
  1158. <li>Bode Cellmark Forensics Inc. (US)</li>
  1159. <li>Carolina Biological Supply (US)</li>
  1160. <li>Genetek Biopharma GmbH (Germany)</li>
  1161. <li>STRmix Limited (New Zealand)</li>
  1162. <li>Ningbo HEALTH Gene Technologies Co., Ltd. (China)</li>
  1163. <li>SoftGenetics (US)</li>
  1164. <li>JusticeTrax (US)</li>
  1165. <li>Geno Technology, Inc. (US)</li>
  1166. <li>Bio-Rad Laboratories, Inc. (US)</li>
  1167. <li>Complete Genomics (US)</li>
  1168. <li>Bioneer Corporation (Republic of Korea)</li>
  1169. <li>Abnova Corporation (Taiwan)</li>
  1170. <li>ZEISS (Germany)</li>
  1171. <li>and Among Others</li>
  1172. </ul>
  1173. <p><b>Request for FREE Sample Pages: </b><b>https://www.marketsandmarkets.com/requestsampleNew.asp?id=100607777</b></p>
  1174. <p align="justify"><b>This report categorizes the human identification market based on product, method, application, and region:</b></p>
  1175. <p align="justify"><b>By Product </b></p>
  1176. <ul>
  1177. <li>Consumables
  1178. <ul type="circle">
  1179. <li>DNA Amplification Kits &amp; Reagents</li>
  1180. <li>DNA Quantification Kits &amp; Reagents</li>
  1181. <li>DNA Extraction Kits &amp; Reagents</li>
  1182. <li>Rapid DNA Analysis Kits &amp; Reagents</li>
  1183. </ul>
  1184. </li>
  1185. <li>Instruments
  1186. <ul type="circle">
  1187. <li>Sample Preparation &amp; Extraction Systems</li>
  1188. <li>DNA Quantification Systems</li>
  1189. <li>DNA Amplification Systems</li>
  1190. <li>DNA Analysis Systems</li>
  1191. </ul>
  1192. </li>
  1193. <li>Software</li>
  1194. </ul>
  1195. <p align="justify"><b>By Technology</b></p>
  1196. <ul>
  1197. <li>Capillary Electrophoresis</li>
  1198. <li>Polymerase Chain Reaction</li>
  1199. <li>Microarrays</li>
  1200. <li>Next-generation Sequencing</li>
  1201. <li>Rapid DNA Analysis</li>
  1202. </ul>
  1203. <p align="justify"><b>By Application</b></p>
  1204. <ul>
  1205. <li>Forensics</li>
  1206. <li>Paternity Testing </li>
  1207. <li>Other Applications</li>
  1208. </ul>
  1209. <p align="justify"><b>By Application</b></p>
  1210. <ul>
  1211. <li>Forensic Laboratories</li>
  1212. <li>Research Centers and Academic &amp; Government Institutes</li>
  1213. <li>Other End Users</li>
  1214. </ul>
  1215. <p align="justify"><b>By Region</b></p>
  1216. <ul>
  1217. <li>North America
  1218. <ul type="circle">
  1219. <li>US</li>
  1220. <li>Canada</li>
  1221. </ul>
  1222. </li>
  1223. <li>Europe
  1224. <ul type="circle">
  1225. <li>Germany </li>
  1226. <li>France</li>
  1227. <li>UK</li>
  1228. <li>Italy </li>
  1229. <li>Spain</li>
  1230. <li>Rest of Europe</li>
  1231. </ul>
  1232. </li>
  1233. <li>Asia Pacific
  1234. <ul type="circle">
  1235. <li>Japan</li>
  1236. <li>China</li>
  1237. <li>India</li>
  1238. <li>Rest of Asia Pacific</li>
  1239. </ul>
  1240. </li>
  1241. <li>Latin America</li>
  1242. <li>Middle East &amp; Africa</li>
  1243. <li>GCC Countries</li>
  1244. </ul>
  1245. <p><b>Get 10% Free Customization on this Report: </b><b>https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=100607777</b></p>
  1246. <p align="justify"><b>Key Market Stakeholders:</b></p>
  1247. <ul>
  1248. <li>Senior Management </li>
  1249. <li>End User </li>
  1250. <li>Finance/Procurement Department </li>
  1251. <li>R&amp;D Department</li>
  1252. </ul>
  1253. <p align="justify"><b>Report Objectives:</b></p>
  1254. <ul>
  1255. <li>To define, describe, segment, and forecast the global human identification market by product, technology, application, end user, and region</li>
  1256. <li>To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, opportunities, challenges, and trends)</li>
  1257. <li>To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall human identification market</li>
  1258. <li>To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players</li>
  1259. <li>To forecast the size of the market segments with respect to six regions—North America, Europe, the Asia Pacific, Latin America, Middle East &amp; Africa, and GCC Countries</li>
  1260. <li>To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies</li>
  1261. <li>To benchmark players within the market using the proprietary Company Evaluation Matrix framework, which analyzes market players on various parameters within the broad categories of business and product excellence</li>
  1262. </ul>
  1263. <p align="justify"><b>Related Reports:</b></p>
  1264. <p align="justify"><b>Gene Expression Analysis Market</b></p>
  1265. <p align="justify"><b>Proteomics Market</b></p>
  1266. <p align="justify"><b>Electrophoresis Market</b></p>
  1267. <p align="justify"><b>Life Science Instrumentation Market</b></p>
  1268. <p align="justify"><b>Next Generation Sequencing Market</b></p>
  1269. <p align="justify">Get access to the latest updates on Human Identification Companies and Human Identification Industry</p>
  1270. <pre>CONTACT: About MarketsandMarkets&#x2122; MarketsandMarkets&#x2122; has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets&#x2122; is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore&#x2122; (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets&#x2122;.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets&#x2122; INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com</pre>
  1271. <p><img src='https://ml.globenewswire.com/media/NTVjYWQzZGQtZGU0OC00YzQ5LWFlZTctYzc1ZmM2N2ZmYzQwLTEyMDYwNjc=/tiny/MarketsandMarkets-Research-Pvt.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. NewIndiaObserver.com takes no editorial responsibility for the same.</p>
  1272. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/human-identification-market-is-expected-to-reach-1-3-billion-marketsandmarkets/382349/">Human Identification Market is Expected to Reach $1.3 billion | MarketsandMarkets™</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  1273. ]]></content:encoded>
  1277. </item>
  1278. <item>
  1279. <title>IR Spectroscopy Market Size, Industry, Share, Growth &#038; Trends, 2029</title>
  1280. <link>https://newindiaobserver.com/ir-spectroscopy-market-size-industry-share-growth-trends-2029/382351/</link>
  1282. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  1283. <pubDate>Fri, 03 May 2024 12:00:00 +0000</pubDate>
  1284. <category><![CDATA[Brand Post]]></category>
  1285. <guid isPermaLink="false">https://newindiaobserver.com/ir-spectroscopy-market-size-industry-share-growth-trends-2029</guid>
  1286.  
  1287. <description><![CDATA[<p>Chicago, May 03, 2024 (GLOBE NEWSWIRE) &#8212; The global IR spectroscopy market Size was valued at USD 1.2 billion in 2024 and is projected to reach USD 1.6 billion by 2029; it is expected to register a CAGR of 6.5% during the forecast period. Increase in R&#38;D investments in healthcare and pharmaceuticals industry and continuous [&#8230;]</p>
  1288. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/ir-spectroscopy-market-size-industry-share-growth-trends-2029/382351/">IR Spectroscopy Market Size, Industry, Share, Growth &amp; Trends, 2029</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  1289. ]]></description>
  1290. <content:encoded><![CDATA[<p align="justify">Chicago, May 03, 2024 (GLOBE NEWSWIRE) &#8212; The global <u>IR spectroscopy market Size</u> was valued at USD 1.2 billion in 2024 and is projected to reach <b>USD 1.6 billion by 2029; it is expected to register a CAGR of 6.5%</b> during the forecast period. Increase in R&amp;D investments in healthcare and pharmaceuticals industry and continuous technological advancements in IR spectroscopy are attributed to the ever-increasing demand for IR spectroscopy system.</p>
  1291. <p align="justify"><b>IR Spectroscopy Companies &#8211; Shimadzu Corporation (Japan) and ZEISS (Germany) are the Key Players</b> </p>
  1292. <p align="justify"><b><i>To know about the assumptions considered for the Study </i></b></p>
  1293. <p align="center"><b><u>Download the PDF Brochure</u></b></p>
  1294. <p align="justify"><b>Major IR Spectroscopy companies include:</b></p>
  1295. <ul type="disc">
  1296. <li style="margin-top:0cm; margin-bottom:8pt; text-align:justify;">Shimadzu Corporation (Japan)</li>
  1297. <li style="margin-top:0cm; margin-bottom:8pt; text-align:justify;">ZEISS (Germany)</li>
  1298. <li style="margin-top:0cm; margin-bottom:8pt; text-align:justify;">PerkinElmer Inc. (US)</li>
  1299. <li style="margin-top:0cm; margin-bottom:8pt; text-align:justify;">Agilent Technologies, Inc. (US)</li>
  1300. <li style="margin-top:0cm; margin-bottom:8pt; text-align:justify;">Bruker Corporation (US)</li>
  1301. </ul>
  1302. <p align="justify"><b>Shimadzu Corporation</b></p>
  1303. <p align="justify"><u>Shimadzu Corporation</u> is a global leader in the development and manufacturing of precision instruments, analytical and measuring equipment, and medical systems. Shimadzu&#8217;s commitment to innovation is evident in its diverse range of products, spanning industries such as healthcare, pharmaceuticals, environmental science, and materials testing. The corporation&#8217;s analytical and testing instruments play a pivotal role in research, quality control, and advancements in scientific understanding across various disciplines.</p>
  1304. <p align="justify">The company has made significant contributions to the advancement of analytical techniques, including Infrared (IR) spectroscopy. IR spectroscopy is a powerful analytical method that involves the interaction of infrared radiation with matter to study molecular vibrations, providing valuable information about the chemical composition and structure of compounds.</p>
  1305. <p align="justify"><b>ZEISS</b></p>
  1306. <p align="justify"><u>ZEISS</u> stands as a global leader in optics and optoelectronics. With a rich heritage spanning over a century, ZEISS has consistently set industry standards in the fields of precision engineering and innovative technologies. The company excels in manufacturing optical and optoelectronic products, including lenses, microscopes, medical devices, and semiconductor manufacturing equipment. The company is committed to quality and cutting-edge research has positioned it as a trusted partner across various industries, from healthcare and life sciences to industrial manufacturing and consumer electronic.</p>
  1307. <p align="justify"><b>PerkinElmer Inc.</b></p>
  1308. <p align="justify"><u>PerkinElmer Inc.</u> is a global leader in providing innovative solutions and services for diagnostics, life sciences, and applied services. PerkinElmer specializes in developing cutting-edge technologies and products that enable researchers, clinicians, and businesses to advance scientific discovery, improve health outcomes, and enhance overall safety. The company&#8217;s diverse portfolio encompasses a wide range of offerings, including analytical instruments, reagents, consumables, software, and services. PerkinElmer&#8217;s solutions span various fields, from pharmaceuticals and biotechnology to environmental monitoring and diagnostics. Leveraging its expertise in detection, imaging, and informatics,</p>
  1309. <p align="justify"><b>Agilent Technologies, Inc.</b></p>
  1310. <p align="justify"><u>Agilent Technologies, Inc.</u> is a leader in diagnostics, life sciences, and applied chemicals markets. The company provides laboratories worldwide with services, instruments, consumables, applications, and expertise, enabling customers to gain advanced insights about their products. Agilent implements the latest technologies in its products, which keeps it ahead of its peers. Agilent has one of the broadest product portfolios of any company. Its instruments, software, and sample preparation solutions assist scientists to conduct faster, more accurate research.</p>
  1311. <p align="justify"><b>Bruker Corporation</b></p>
  1312. <p align="justify"><u>Bruker Corporation</u> is a leading global provider of scientific instruments and solutions for various industries, including life sciences, analytical chemistry, diagnostics, and materials research. The company develops, manufactures, and distributes high-performance scientific instruments and analytical and diagnostic solutions. The company offers analytical instruments for various applications, such as nuclear magnetic resonance (NMR), infrared (IR), and X-ray spectroscopy.</p>
  1313. <pre>CONTACT: About MarketsandMarkets&#x2122; MarketsandMarkets&#x2122; has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets&#x2122; is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore&#x2122; (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets&#x2122;.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets&#x2122; INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com</pre>
  1314. <p><img src='https://ml.globenewswire.com/media/N2Q2NjA2MTQtZTcyMC00YjM2LThlMzQtMzJhZWRhY2M5ZGRjLTEyMDYwNjc=/tiny/MarketsandMarkets-Research-Pvt.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. NewIndiaObserver.com takes no editorial responsibility for the same.</p>
  1315. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/ir-spectroscopy-market-size-industry-share-growth-trends-2029/382351/">IR Spectroscopy Market Size, Industry, Share, Growth &amp; Trends, 2029</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  1316. ]]></content:encoded>
  1320. </item>
  1321. <item>
  1322. <title>E-cigarette and Vaping Market To Reach USD 29.4 Billion By 2032 &#124; DataHorizzon Research</title>
  1323. <link>https://newindiaobserver.com/e-cigarette-and-vaping-market-to-reach-usd-29-4-billion-by-2032-datahorizzon-research/382350/</link>
  1325. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
  1326. <pubDate>Fri, 03 May 2024 12:00:00 +0000</pubDate>
  1327. <category><![CDATA[Brand Post]]></category>
  1328. <guid isPermaLink="false">https://newindiaobserver.com/e-cigarette-and-vaping-market-to-reach-usd-29-4-billion-by-2032-datahorizzon-research</guid>
  1329.  
  1330. <description><![CDATA[<p>The e-cigarette and vaping market was valued at USD 21.6 Billion in 2023 and is anticipated to grow CAGR at 3.5% to reach USD 29.4 Billion by 2032. Fort Collins, Colorado, May 03, 2024 (GLOBE NEWSWIRE) &#8212; The growing awareness for vaping and safer alternatives for tobacco consumption drives the industry growth. The increasing awareness [&#8230;]</p>
  1331. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/e-cigarette-and-vaping-market-to-reach-usd-29-4-billion-by-2032-datahorizzon-research/382350/">E-cigarette and Vaping Market To Reach USD 29.4 Billion By 2032 | DataHorizzon Research</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  1332. ]]></description>
  1333. <content:encoded><![CDATA[<p><em>The e-cigarette and vaping market was valued at USD 21.6 Billion in 2023 and is anticipated to grow CAGR at 3.5% to reach USD 29.4 Billion by 2032.</em></p>
  1334. <p>Fort Collins, Colorado, May 03, 2024 (GLOBE NEWSWIRE) &#8212; </p>
  1335. <p><strong>The growing awareness for vaping and safer alternatives for tobacco consumption drives the industry growth.</strong></p>
  1336. <p>The increasing awareness of safer alternatives to tobacco consumption has spurred the global adoption of e-cigarettes. These devices are available in a wide range of price points, enhancing their affordability and accessibility. Technological advancements have facilitated the development of high-capacity e-cigarettes capable of producing substantial vapor and flavor, appealing to vaping enthusiasts. Many smokers have successfully transitioned to vaping, finding it to be an effective alternative to traditional smoking. Additionally, former smokers often report improved respiratory function after switching to e-cigarettes.</p>
  1337. <p>The e-cigarette market is witnessing steady growth, driven by the perception of vaping as a healthier option compared to smoking conventional cigarettes. The introduction of e-cigarette products such as pods and squonk mods has garnered popularity among users in recent years. Moreover, there is anticipation for regulatory frameworks to be reassessed and updated to govern e-cigarette consumption, thereby fostering market expansion. Several European countries have legalized the use of <strong>vapes and e-cigarettes,</strong> further fueling market growth. Additionally, establishing vape shops allows customers to explore and test various devices and e-liquid flavors before purchasing, enhancing consumer experience and driving market demand. </p>
  1338. <p align="center"><strong>Request Sample Report:</strong></p>
  1339. <p align="center"><strong>https://bit.ly/3xXpx6y</strong></p>
  1340. <p><strong>Segmentation Overview:</strong></p>
  1341. <p><strong>The e-cigarette and vaping market has been segmented into product, component, distribution channel, and region.</strong></p>
  1342. <p><strong>Disposable e-cigarattes accounted for a significant market share in 2023.</strong></p>
  1343. <ul>
  1344. <li>The e-cigarette and vaping market is segmented based on product as disposable, rechargeable, and modular devices. Disposable e-cigarettes hold a significant share of the product segment of the e-cigarette and vaping market. These e-cigarettes are designed for one-time use, thus giving the user the feel of a combustible cigarette.</li>
  1345. </ul>
  1346. <p><strong>Retail or vape registered a significant market share in 2023.</strong></p>
  1347. <ul>
  1348. <li>The e-cigarette and vaping market is segmented by distribution channel into online and retail. Retail sales hold a major share of the distribution channel segment. Retail or vape shops allow users to test different varieties of e-liquid flavors and MODs. </li>
  1349. </ul>
  1350. <p align="center"><strong>Ask For Discount </strong></p>
  1351. <p align="center"><strong>https://bit.ly/4bm5gGd</strong></p>
  1352. <p><strong>E-cigarette and Vaping Market Report Highlights:</strong></p>
  1353. <ul>
  1354. <li>The e-cigarette and vaping market growth is anticipated at a<strong> CAGR of 3.5% by 2032.</strong></li>
  1355. </ul>
  1356. <ul>
  1357. <li>A rising demand for e-cigarettes has been observed, especially among younger generations, such as young adults and teenagers. The different flavors add to the demand for these products.</li>
  1358. </ul>
  1359. <ul>
  1360. <li>North America holds a significant share of the e-cigarette and vaping market, with the United States dominating this region. According to the National Center for Health Statistics, in 2021, 4.5% of the adults in the U.S. smoked e-cigarettes, with of 2021, 4.5% of adults in the U.S. smoked e-cigarettes, with the majority of the people being in the age group of 18-24 years. </li>
  1361. </ul>
  1362. <ul>
  1363. <li>Some prominent players in the e-cigarette and vaping market report include Reynolds American Inc., Imperial Brands, Altria Group Inc., Japan Tobacco International, Philip Morris International Inc., British American Tobacco Plc., KangerTech-Shenzhen Kanger Technology Co. Ltd., Juul Labs Inc., NicQuid, Innokin Technology. </li>
  1364. </ul>
  1365. <p align="center"><strong>Looking Exclusively For Region/Country Specific Report? </strong></p>
  1366. <p align="center"><strong>https://bit.ly/4dnCBlU</strong></p>
  1367. <p><strong>About DataHorizzon Research:</strong></p>
  1368. <p>DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHR’s comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.</p>
  1369. <p><strong>Contact:</strong></p>
  1370. <p><strong>Mail:</strong> sales@datahorizzonresearch.com</p>
  1371. <p><strong>Ph:</strong> +1-970-672-0390</p>
  1372. <p><strong>Website:</strong> https://datahorizzonresearch.com/</p>
  1373. <p><strong>Follow Us: </strong>LinkedIn </p>
  1374. <p> </p>
  1375. <p><strong><u>Recent Publications</u></strong></p>
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  1378. <p>Body Mask Market Analysis 2024 to 2032</p>
  1379. <p>Compression Stockings Market Analysis 2024 to 2032</p>
  1380. <p>Disposable Camera Market Analysis 2024 to 2032</p>
  1381. <pre>CONTACT: Mail: sales@datahorizzonresearch.com Ph: +1-970-672-0390 Website: https://www.datahorizzonresearch.com </pre>
  1382. <p><img src='https://ml.globenewswire.com/media/NmE4ZjBiOWQtYjk0YS00NjQ2LWJjZTQtMTY3NWUzNTQzMWVlLTEyNzA3Nzk=/tiny/DataHorizzon-Research.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. NewIndiaObserver.com takes no editorial responsibility for the same.</p>
  1383. <p>The post <a rel="nofollow" href="https://newindiaobserver.com/e-cigarette-and-vaping-market-to-reach-usd-29-4-billion-by-2032-datahorizzon-research/382350/">E-cigarette and Vaping Market To Reach USD 29.4 Billion By 2032 | DataHorizzon Research</a> appeared first on <a rel="nofollow" href="https://newindiaobserver.com">New India Observer</a>.</p>
  1384. ]]></content:encoded>
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