Argan Oil Market Size Worth $507.2 Million By 2027

The global argan oil market size is anticipated to reach USD 507.2 million by 2027, expanding at a revenue-based CAGR of 10.8% over the forecast period, according to a new report by Grand View Research, Inc. Argan oil is gaining popularity in the global market as it cotains omega-3 and omega-6 fatty acids, lupeol, beta amyrin, antioxidant tocopherols, triterpenoids, and butyrospermol, which play a significant role in improving skin and hair quality. This has encouraged manufacturers from industries such as aromatherapy, medical, and cosmetics products to integrate argan oil in their final products.

Key players in the market are focusing on improving the quality of product in their personal care and cosmetic products to promote healthy hair and skin. Such initiatives are anticipated to fuel the overall demand in the cosmetics application segment. Furthermore, the global demand is also witnessing a surge on account of shifting consumer preference toward organic products.

Players in the argan oil market are involved in R&D activities for improving the extraction method as it is a key step in the production process. Recently, researchers obtained argan oil using super critical fluid extraction and concluded no changes in the quality and physicochemical parameters of the product. However, the method is still in the nascent stage and is likely to play a significant role in increasing the production over the coming years.

Health consciousness coupled with a fat-free lifestyle accelerates the demand for healthy vegetable oil including argan oil. Food industry is also witnessing a surge in demand on account of increasing importance given to maintaining a healthy diet. Argan oil helps control cholesterol levels while boosting energy levels in the human body. Technological advancements are also contributing significantly to the enhancement of both chemical and microbiological qualities, thus positively influencing the overall product demand.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/argan-oil-market

Further key findings from the report suggest:

In 2019, conventional emerged as the largest type segment in the argan oil market owing to high crop yield obtained by using this cultivation method as it involves using synthetic pesticides and fertilizers
In 2019, Business to Business (B2B) dominated the distribution channel segment in the market owing to increasing direct sales of the product in the international market, especially by the manufacturers of cosmetic products
Sivan, an Israeli company is developing a super strain, called as Argan 100, which is capable of tolerating the Mediterranean climate and can manufacture 10 times more nuts as compared to the average trees of Morocco, thus contributing to the production
Some of the key players in the market are OLVEA, ARGANisme, Zineglob, PURUS (Purus International), Malakbio, Argane Aouzac, Organica Group LTD, Arganfarm, Kamakhya Bottlers, Zidrop Argan Oil, and ARGANBULK.

Scooters Market Size Worth $33.58 Billion By 2030

The global scooters market size is expected to reach USD 33.58 billion by 2030, at a CAGR of 0.1% over the forecast period, according to a study conducted by Grand View Research, Inc. Declining raw material prices, the growing adoption of electric scooter sharing service, and rising consumer awareness towards eco-friendly transportation is projected to fuel the market growth. As the automotive industry is evolving, the uncertainties over the adoption of electric scooters related to the lack of charging infrastructure in developing economies are gaining prominence. It is forcing the manufacturers to undertake strategies to make design and specification alterations in line with the consumer’s expectations to comprehend the full potential of the evolving electric two-wheeler industry. Hence, the introduction of home charging solutions, battery swapping stations, and product-related innovations have boosted the revenue growth in the market for electric scooters over the past two years and is projected to continue a proliferated trend over the next eleven years.

The role electric scooters is portrayed in meeting the standards for zero-emissions is contributing significantly to reducing the carbon emission gap by 2025. The consumption of electricity in these vehicles can be managed with proper energy and power infrastructure planning, which is further mitigated by evolving technologies such as solar-powered vehicles and vehicle-to-grid technologies.

In addition, the key players are focusing on innovations to expand their reach. For instance, Gogoro, Inc. is offering its customers battery-swapping network to offset the cost of purchasing an electric scooter by removing the battery, which accounts for around 35% to 50% of the entire vehicle cost. Furthermore, the charging system manufacturers are collaborating with automakers and researchers to develop strategies that can facilitate scooters access to clean energy from renewable sources such as solar power, wind energy, among others, thus influencing the market growth over the forecast period.

Asia Pacific dominated the market in 2019 and is projected to continue its dominance over the forecast period. Most of the players manufacturing scooters belong to China, Japan, South Korea, and India. These players generate revenue by selling their products internationally, either through their distribution channel or through the OEM channel. The role of governments of various economies such as India, China, and Japan, in setting up standards and regulations for vehicle charging infrastructure, is anticipated to have a positive impact on the regional market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/scooters-market

Further key findings from the report suggest:

The normal scooters segment is expected to dominate the overall market owing the easy availability of petrol, striking mileage, and safe long-distance drive established scooters as an everyday commuter vehicle. The segment is expected to reach USD 31.99 billion by 2030
The conventional electric scooters segment is expected to dominate the segment and the trend is expected to continue over the forecast period. The segment is anticipated to reach USD 1.16 billion by 2030. A lower-priced conventional scooter would incur fewer expenses and lower Total Cost of Ownership (TCO) compared to a normal scooter
Asia Pacific is projected to account for the majority share of the market over the forecast period. Fluctuating fuel price and air pollution caused by gas emissions have encouraged the regional demand for electric scooters, which is projected to drive the regional market

Blood Culture Test Market Worth $7.3 Billion by 2026

The global blood culture test market size is expected to reach USD 7.3 billion, at a CAGR of 9.1% by 2026, according to a new report by Grand View Research, Inc. Increasing prevalence of bloodstream infections and infectious diseases is the most significant factor anticipated to propel the growth. Rising demand for advanced diagnostic techniques for the diagnosis of infectious diseases, such as sepsis, is projected to drive the growth. Thus, many manufacturing companies have begun focusing on development of advanced diagnostic instruments and consumables. For instance, Cepheid offers Xpert MRSA/SA assay that aids in accurate detection of SA and MRSA in positive blood culture specimens in about an hour.

Introduction of various government initiatives pertaining to the prevention and control of infections is likely to propel the demand for blood culture tests. According to the Centers for Disease Control and Prevention (CDC), there was 46% decrease in central line-associated bloodstream infections in U.S. between 2008 and 2013, owing to the efforts taken by the U.S. government for the prevention of Hospital-acquired Infections (HAIs).

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https://www.grandviewresearch.com/industry-analysis/blood-culture-tests-market

Further key findings from the report suggest:

Conventional blood culture technique was the largest revenue-grossing segment in 2018 owing to increased applications of this method in hospitals, independent clinical laboratories, and pathology laboratories
In product segment, consumables accounted for the largest market share in terms of revenue in 2018, due the product applications in diagnostics and research, with repetitive purchase, such as blood culture media, assay, kits, and reagents, adding to the revenue
Automated blood culture systems is the fastest growing segment owing to the advantages of automation, such as low chances of error and faster result generation
Molecular technology is projected to expand at the highest CAGR over the forecast period, due to rising demand for advanced products by hospitals and laboratories for diagnosis of infectious diseases
Bacterial infections accounted for the largest revenue share in 2018, due to the fact that they are the most common cause for infection in the blood
Reference laboratories is projected to expand at the highest CAGR during the study period, because there is an increase in outsourcing of blood tests by hospitals to reference laboratories
North America accounted for the largest revenue share of the blood culture test market in 2018, due to the presence of well-developed healthcare infrastructure in this region
Asia Pacific is anticipated to register the highest CAGR during the forecast period owing to increased focus of government on the prevention of infectious diseases
Few key players include Becton, Dickinson and Company; bioMérieux SA; Thermo Fisher Scientific, Inc.; Danaher Corporation; Luminex Corporation; Roche; Bruker Corporation; and Abbott Laboratories.

Powdered Sugar Market Size Worth $7.49 Billion By 2025

The global powdered sugar market size is expected to reach USD 7.49 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 4.2% from 2019 to 2025. Increasing consumption of bakery and confectionery food products is the key factor driving the market.

Powdered sugar has many applications in bakery products, such as brownies, pound cakes, muffins, cookies, and donuts. Conventional product type was the largest segment in 2018 and accounted for a share of more than 73%. Conventional product is produced from sugarcane or sugar beets. Thus, easy production process and relatively low prices are estimated to drive their demand, thereby supporting segment growth.

However, conventional powdered sugars undergo refining process to remove the molasses that also strips down the vitamins and minerals. This may have a slightly negative impact on its demand. Bakery was the largest application segment in 2018 and will remain dominant even during the forecast period due to extensive product usage in the production various bakery products.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/powdered-sugar-market

Further key findings from the report suggest:

Organic product type is projected to ascend at the fastest CAGR of 4.7% over the forecast years
Bakery application led the global powdered sugar market in 2018 accounting for a revenue share of more than 33%
North America was the dominant regional market in 2018 and is projected to expand further at a steady CAGR from 2019 to 2025
The industry is highly competitive in nature. Key companies include Südzucker United Kingdom Ltd.; Tate & Lyle Sugars; Cargill, Inc.; Imperial Sugar; Nordic Sugar A/S; and American Crystal Sugar Company

Skin Toner Market Size Worth $900.6 Million By 2025

The global skin toner market size is expected to reach USD 900.6 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.7% over the forecast period. The market expansion is attributed to growing demand among the teenagers for products that helps in keeping the skin acne and pimple free and offers protection against rising pollution. Changing lifestyle, which expects people to spend a large chunk of their day outside their houses, has made skin care regimen, an essential part of personal grooming. Along with exercise and healthy eating habits, caring for the skin by using proper cleansing, toning, and moisturizing products on daily basis has become a part of the daily chore.

For instance, in August, 2019, Soko Glam, Inc. launched a new skin toner under the brand name, R.E.P. Nutrinature Ultra All-In-One Multitem. The product is said to offer toning as well as moisturizing characteristics. This product has the ability to maintain the softness, brightness, hydration, and youth. These products consist of many naturally derived ingredients including olive, avocado, and rose hip oil. Similarly, in the same month, Janell Stephens, launched its own line ski care products under the brand, “Face”. Along with five other products, it also consists of a two in one makeup remover cum toner named Fresh Toner. It is available for less than USD 20 on camillerose.com. The product is said to give dewy look.

In July 2019, in Sephora’s Singapore’s press day the French brand Gallinée launched face vinegar toner. The product maintains a health balance of bacteria on the face for perfect skin. It contains a blend of prebiotics and postbiotics, which help in protecting the skin by keeping free from radicals and oxidative, thereby resulting in balanced and refreshed skin texture. Similarly, in July 2019, the South Korean company, K-beauty under its brand Laneige’s launched a two in one skin toner and moisturizer. The product is available for USD 33 and guarantees softness and hydration.

Key manufacturers of skin toner market include Dermalogica; Dr. Hauschka; Dickinson Brands Inc.; Johnson & Johnson Consumer Inc.; La Mer Technology, Inc.; Kiehl’s Since 1851; La Roche-Posays; Lush; Milk Makeup; PIXI – SJOVIK LTD.; THAYERS NATURAL; REMEDIES; THE BODY SHOP; and The Ordinary. The manufacturers are expected to increase spending on new product developments in order to expand their market size over the next few years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/skin-toner-market

Further key findings from the report suggest:

The fluid forms accounted for 70.1% share in 2018. These products got the first mover advantage and thus create a huge penetration. Mist forms are expected to expand at the fastest CAGR of 4.9% from 2019 to 2025
Organic products are expected to generate over USD 140 million by 2025 owing to growing popularity of natural products. Conventional products held more than 80.0% share in 2018
By gender, the women segment dominated the market, accounting for more than 85.0% share of the global revenue in 2018.

Cat Litter Products Market Worth $5.0 Billion By 2025

The global cat litter products market size is expected to reach USD 5.0 billion by 2025, expanding at a CAGR of 3.8%, according to a new report by Grand View Research, Inc. Substantial increase in the cat-owning households is driving the demand for cat litter. Most of the kitten owners prefer to let their kittens outside the house owing to reasons such as human hostility and adverse weather. This is why such products play an important role in the health of the pets and the people in the house, which is one of the major driving factors in the market.

Additionally, ever since cat care has become easier with the evolution of existing cat litter, along with the introduction of new ones, consumer demand for the variety in these products is increasing. However, there are certain challenges that are expected to negatively impact the market growth. High price of these products retrains the market growth, since the cat owners in the developing countries are reluctant to buy costly pet care products. This also results in a situation where the market fails to introduce premium products more, which, in turn, hampers the growth of the market.

Both the clumping and conventional or non-clumping products are expected to witness significant growth owing to the variation in the consumer needs. The clay segment is anticipated to hold the largest share in the market, owing to its highly absorbent and solid clump formation properties. The silica segment is also expected to witness healthy growth in the coming years.

North America held the largest share of 40.0% in 2018. About 87% of the cat owners in U.S. purchase cat litter in order to maintain hygiene of their pets. Central and South America and Asia Pacific are expected to considerably contribute to the market growth over the forecast period. Key players having a strong presence in the global cat litter products market are Clorox, Nestle, Church & Dwight, Mars, Oil-Dri, Pettex, Drelseys, SINCHEM, Weihai Pearl Silica Gel, and Blue.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/cat-litter-products-market

Further key findings from the study suggest:

In terms of revenue, both the clumping and conventional types are projected to ascend at a CAGR of 3.8% over the forecast period
By raw material, the clay segment dominated the market with a revenue of USD 2.6 billion in 2018
North America dominated the global cat litter products market in 2018 and accounted for 40.0% share of the global revenue. This trend is projected to continue over the next few years
The industry is highly competitive in nature with the main players including Clorox and Church & Dwight
Various manufacturers are concentrating on new product launches, capacity expansion, and portfolio extension to estimate existing and future demand patterns from upcoming application segments.

Horizontal Directional Drilling Market Worth $17.6 Billion By 2025

The global horizontal directional drilling market size is estimated to reach USD 17.6 billion by 2025, according to a new report by Grand View Research, Inc., progress at a CAGR of 13.2% during the forecast period. Growing emphasis on adopting environment-friendly trenchless technologies globally is driving the HDD market, as this drilling technique is turning out to be one of the most critical subsurface construction methods for developing, maintaining, and replacing underground infrastructure.

Horizontal directional drilling has proved to be more convenient and environment-friendly as compared to conventional vertical maneuvering method. It is ideal for installing cables, conduits, and pipes for short-distance as well as long-distance projects and even at deeper depths.

Launch of newer generations of cellular networking technology, such as 4G and 5G, has increased the demand for capable transmission systems. As a result, horizontal directional drilling setups are increasingly being deployed for installing new telecommunication transmission lines. Besides this, burgeoning demand for suitably-diffused distribution of electricity and natural gas from high-capacity intrastate and interstate lines and pipelines is also anticipated to propel the global horizontal directional drilling services market.

With the help of HDD rigs and other machines, significant volumes of oil and gas can be extracted from reservoirs, located as deep as 10,000 feet while causing a minimal impact on the environment. Moreover, HDD setup consumes lesser space, thereby making it ideal for situations where projects are located in congested areas and need to be completed in a short span of time.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/horizontal-directional-drilling-hdd-market

Further key findings from the report suggest:

The HDD midi rigs segment is projected to exhibit a CAGR of more than 4.0% during the forecast period
Onshore HDD services business was valued at over USD 3 billion in 2018
By 2025, the telecommunication segment is poised to hold a revenue share of over 25.0% of the global HDD services market
North America accounted for the largest revenue share in the horizontal directional drilling (HDD) market in 2018. It is likely to retain its position through 2025
The key players in the global horizontal directional drilling machines market include Ditch Witch; Vermeer Corporation; Ellingson Companies; and American Augers, Inc.
Some of the major HDD service providers are Nabors Industries Ltd., UEA, Herrenknecht AG, and Laney Directional Drilling.