Pet Shampoo Market Size Worth $757.7 Million By 2025

The global pet shampoo market size is expected to reach USD 757.7 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.4% during the forecast period. Increasing rate of pet adoption among millennials is expected to remain a key growth driver. In addition, rising awareness about animal health and hygiene among the pet owners is expected to fuel the product demand.

Dog products segment held the leading market share exceeding 30% in 2018. The dog adoption rate has been increasing in countries, including U.S., Argentina, Mexico, Brazil, U.K, Russia, China, Japan, Philippines, and India. This trend is anticipated to boost the demand for dog shampoos in the upcoming years.

The commercial application segment held the largest market share of over 60% in 2018. Growing number of pet stores on a global level has been driving the application in the commercial sector. Furthermore, the bulk requirements from the growing animal boarding and grooming services has been impacting the market positively.

The online distribution channel is expected to witness the fastest growth in near future. The prominent e-commerce players in the pet shampoo market include Amazon; PetSmart Inc.; BarkBox; Petco Animal Supplies, Inc.; PetFlow; Bulk Reef Supply; TABcom LLC; and PetMed Express, Inc.

Asia Pacific is anticipated to register the fastest CAGR of 13.8% from 2019 to 2025. China, Australia, India, South Korea, and Philippines are the major economies in the region. Rapid pace of urbanization along with the increasing purchasing power of consumers is expected to boost the regional market growth in near future.

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https://www.grandviewresearch.com/industry-analysis/pet-shampoo-market

Further key findings from the report suggest:

Household application is expected register the fastest CAGR of 6.7% from 2019 to 2025
Commercial segment held the largest market share of more than 50% in terms of revenue in 2018
Offline distribution channel held the leading market share of around 90% in 2018
Online distribution channel is expected expand at the fastest CAGR of more than 10% during the forecast period
The key competitors in the market include Groomer’s Choice; SynergyLabs; Vet’s Best; Himalaya Herbal Healthcare; Petco Animal Supplies, Inc.; Logic Product Group LLC; Wahl Clipper Corporation; 4-Legger; Earthwhile Endeavors, Inc.; and World For Pets

Large Cooking Appliances Market Size Worth $39.91 Billion By 2025

The global large cooking appliance market size is expected to reach USD 39.91 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.5% during the forecast period. Growing standards of living and popularity of modular kitchens is anticipated to fuel the growth. Advancements in efficient and specialized equipment are anticipated to further drive the product demand.

Constantly changing household and commercial routines, access to economic electricity, and rising awareness regarding eco-friendly appliances are anticipated to drive the product demand. Expansion of e-commerce distribution channels along with the emergence of Internet of Things (IoT) and other advanced technologies are expected to augment the market growth over the forecast period.

Increasing number of meals consumed away from home due to the rise in working population is projected to further stimulate market growth, particularly in the commercial segment. In this category, developing countries like India and China are expected to offer abundant growth opportunities. For instance, Hitachi and Vulcan direct their premium offerings to leverage construction channels for product sales in India through paid partnerships with builders and developers.

The rise in disposable income has spurred the development of large cooking appliances within various business units including modular households across developed and developing economies like India and China. New advancements such as built-in hobs, modular ovens, and charbroilers have increased the demand for specialized appliances. The segment is anticipated to expand at a CAGR of 6.7 % over the forecast period, due to product efficiency. In addition, rising workforce in urban cities is expected to fuel demand for high-end products. For instance, Hitachi and Haier have emerged as the leading brands in cooktops and cooking range segment especially due to increased demand for modular kitchens in countries from Asia Pacific such as India and Singapore.

The market for cooking appliances is the parent market for all the cooking appliance segments. The large cooking appliances contribute, among other things, an essential 40% of the overall market. With profits rising and the facility to do business in the hospitality sector, demand for commercial equipment has been rising for quite some time. This factor is anticipated to fuel growth of industrial application at a CAGR of 6.6% over the forecast period. For instance, Hitachi provides hospitals and hotels with energy-efficient commercial cooking equipment, ranging from cooktops to broilers, as rising technological advancements in smart equipment are a driving consumer preference for cooking food. Commercial segment is anticipated to emerge as the fastest and the largest growing segment for the large cooking appliances market.

Samsung Electronics Co. Ltd, Morphy Richards, LG Electronics Inc., Whirlpool Corporation, Hitachi Appliances Inc., Koninklijke Philips N.V, AB Electrolux, Haier Group Corporation, GE Appliances, and Robert Bosch GmbH are some of the key market players.

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https://www.grandviewresearch.com/industry-analysis/large-cooking-appliance-market

Further key findings from the report suggest:

In terms of regional revenue, North America is projected to have a value of USD 12.64 billion by 2025
Specialized appliances constitute about 28.23% of the total market share in 2018, and are projected to exhibit a significant increase in the next few years
Asia Pacific is anticipated to lead the global large cooking appliances market with a CAGR of 7.3% during the forecast period
Rise in disposable income and working women population, especially in countries like China and India is anticipated to positively influence market growth
The market is highly competitive in nature with the main players including Samsung Electronics Co. Ltd; Morphy Richards; LG Electronics Inc.; Whirlpool Corporation; Hitachi Appliances Inc.; Koninklijke Philips N.V.; AB Electrolux; Haier Group Corporation; GE Appliances; and Robert Bosch GmbH

Caviar Market Size Worth $496.3 Million By 2025

The global caviar market size is expected to reach USD 496.3 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 8.7% over the forecast period. Increasing use of caviar as seasoning or to sprinkle it on various food items such as pizza, burgers, sandwiches, ice cream, along with associated health benefits, is expected to propel the market demand over the forecast period.

Asia Pacific has been the fastest growing regional market in the world owing to increase in imports and exports, rapidly developing economies, and availability of a variety of fishes in the region. The market in Asia Pacific is anticipated to gain momentum due to high demand from developing countries like Japan and China.

The industry is witnessing rapid growth as caviar and related products have found wide applications in different sectors. The profitability aspects and rising demand from the consumers to compensate for their nutrient deficiencies are likely to attract new players and eventually benefit the market expansion.

Use of caviar in cosmetic products and health supplements is the latest trend in the market, which enables custom manufacturers to meet the desired product specifications by the customers. Restaurants has been the largest application segment for this product, wherein caviar is used in different food items, which not just improves taste but also makes them healthy.

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https://www.grandviewresearch.com/industry-analysis/caviar-market

Further key findings from the study suggest:

Europe is expected to expand at a CAGR of 8.2% from 2019 to 2025, owing to high spending ability of the consumers and rise in health consciousness
In China, sevruga accounted for the largest share of 27.8% in 2018 on account of their high imports and exports. This product is used as a seasoning agent, health supplement, and consumed as a premium delicacy
The Caviar market in the U.S. is projected to exhibit a CAGR of 8.8% from 2019 to 2025, wherein the major share is held by The Caviar Co., California Caviar Corp., and few other companies
Restaurants accounted for 72.2% share in Germany with a revenue of USD 19.3 million in 2018
Product innovation, along with formation of alliances with distributors located in the developing economies including China and India, is projected to provide the competitive edge to the manufacturers in the near future

Deep Fryer Market Size Worth $625.1 Million By 2025

The global deep fryer market size is expected to reach USD 625.1 million by 2025, expanding at a CAGR 2.8% over a forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by growing fast food industry and popularity of E-commerce retail. Moreover, high demand for the product from North America owing to rising preference for convenience food and on-the-go fast food is propelling the market.

Consumers supplement their regular meals with fried food products, such as fried chicken and French fires among various other products. Thus, changing consumer lifestyle, especially in terms of eating habits, and rising need for ready to eat food are expected to drive the demand in the region, which, in turn, is likely to boost global market over the forecast period. In addition, consumers are also becoming increasingly aware regarding health and wellness and, thus, are preferring food fried at home as opposed to fried food sold at fast food chains. This is expected to positively impact the demand for small deep fryers, such as the ones with a two-liter frying capacity, over the forecast period.

On the basis of product, commercial deep fryer held the largest market share in 2017. Changing dynamics of fast food market are expected to positively impact the demand for these products during the forecast period. Over the past few years, there has been a diversity in fast food restaurants. Players such as Wendy’s, Chick-fil-A, Burger King, Kentucky Fried Chicken (KFC), and McDonald’s among others are operating in the fast food market. These companies are continuously expanding their market reach and inaugurating new stores across the globe. Such fast food chains are the major consumers of deep fryers.

2 liter to 5 liter was the dominant segment on the basis of type of deep fryers. Growing fast food industry across the globe is projected to boost the demand over the forecast period. There are certain concerns among consumers regarding the ill-effects of fried food consumption. To mitigate such concerns, food chains market their products as safe and free from artificial colors. This trend is expected to influence customers to consume fried food, which is anticipated to bode well for the overall market growth.

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https://www.grandviewresearch.com/industry-analysis/deep-fryers-market

Further key findings from the report suggest:

North America dominated the global deep fryer market in 2017. However, Asia-Pacific is anticipated to witness the fastest CAGR of 3.5% during the forecast period from 2018 to 2025
China is the fastest growing country in the Asia Pacific market on account of growing popularity of ready to eat food, rising disposable income, and enhancing standard of living
E-commerce distribution channel segment is potentially fueling the market growth owing to the increasing number of internet users globally
Companies undertake various strategic initiatives to boost their market share. For instance, in January 2017, National Presto Industries, Inc. announced the sale of the assets of its absorbent product segment, Presto Absorbent Products, Inc. (PAPI), to Drylock Technologies, Ltd. a private Belgian company that manufactures and sells private adult incontinence, feminine hygiene, and label diaper products in Europe.

Potassium Citrate Market Worth $868.9 Million By 2025

The global potassium citrate market size is expected to reach USD 868.9 million by 2025, according to a report by Grand View Research, Inc., registering a CAGR of 3.7% during the forecast period. Increasing demand for potassium citrate on account of to its superior properties such as high water solubility, high chemical and microbiological stability, and outstanding biodegradability is anticipated to propel industry growth.

Emulsifiers perform various functions, such as potassium fortification, treatment of bladder infection and kidney stones, and as a sequestering agent. This has upped its demand in desserts, confectionery, bakery, juices and drinks, and syrups.

The personal care and household application accounted for 9.34% of the overall revenue in 2016 and is projected to exhibit steady growth on account of high utilization of potassium citrate in color cosmetics, skin care, deodorants, oral care, hair care, and soap and bath products. Growing demand for the product as a systemic alkalizer in the pharmaceutical sector is likely to augment industry demand.

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https://www.grandviewresearch.com/industry-analysis/potassium-citrate-market

Further key findings from the report suggest:

The pharmaceutical sector is anticipated to exhibit substantial volume gains with a predicted CAGR of 2.7% from 2017 to 2025. This is owing to rising requirement of the product as a pharmaceutical aid in veterinary practice. Potassium citrate acts as an activator in several enzymatic reactions, which is essential in transmission of nerve impulses, carbohydrate metabolism, renal function, and tissue synthesis
Asia Pacific has a strong customer base and made up for 29.3% of the total revenue in 2016. Growing usage of cosmetic products such as sunscreens, makeup, creams, and lotions among the younger population in India and China is expected to have a major impact on market growth. Demand for detergents, agrochemicals, fertilizers, metal surface treatment, and pharmaceuticals is also expected to have a positive impact on regional growth
Manufacturers dominating the potassium citrate market are Cargill, Incorporated; Tate & Lyle Plc.; Dr. Paul Lohmann GmbH KG; Archer Daniels Midland Company; and Gadot Biochemical Industries, Ltd. Strengthening product length and capital expansion is expected to remain a key critical success factor for the industry in the near future
In December 2015, Jungbunzlauer Canada Inc., a subsidiary of Jungbunzlauer Suisse AG, announced the commencement of a new tripotassium citrate manufacturing plant in Port Colborne, Ontario, Canada. The company is anticipated to offer accelerated and flexible supply of tripotassium citrate to customers in North America
In August 2017, Foodchem International Corporation founded a laboratory to explore market trends and technological applications to trigger the development of nutritional food ingredients and carry out technical exchanges. This was in collaboration with the Food Institute of Jiangnan University in Jiangsu Sheng, China, a major institution in the field of engineering and food science.

Margarine Market Size Worth $4.32 Billion By 2027

The global margarine market size is expected to reach USD 4.32 billion by 2027, expanding at a CAGR of 2.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing number of health conscious consumers is expected to drive the demand for the product as it contains low fat, low calorie, and low cholesterol. Furthermore, the consumption pattern will shift towards healthier and heart-friendly alternatives in the near future due to growing aging population.

Increasing application of the product in the bakery and confectionary industry is a key factor fueling the market growth. Margarine has gained significant popularity as an affordable, healthier, and sustainable ingredient among numerous food manufacturers. As a result, in terms of application, the commercial segment dominated the market in 2019.

In terms of product, hard margarine led the market with over 50% share of the total revenue in 2019. It is the most used form of the product in the food industry. Rising acceptance of packaged cookies and biscuits has widened the opportunity for hard margarine over the world. Liquid margarine is expected to witness the fastest growth over the forecast period owing to its lower fat content.

Key competitors in the industry include Unilever; Bunge Limited; NMGK Group; Conagra Brands, Inc.; Wilmar International Ltd.; BRF; Yildiz Holding; Cargill, Incorporated; Uni-President; Upfield; China Mengniu Dairy Company Limited; and Namchow. Merger & acquisition and new product launch are the key strategies adopted by the margarine manufacturers. For instance, in July 2018, Kohlberg Kravis Roberts & Co. L.P. (KKR) completed its acquisition of Unilever’s Spreads business. KKR acquired the business for USD 8.04 billion and it includes Unilever’s Country Crock, Becel, Flora, and Blue Band brands. This acquisition helped to reshape and enhance the product portfolio of the Spreads business.

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https://www.grandviewresearch.com/industry-analysis/margarine-market

Further key findings from the report suggest:

In terms of product, the hard segment dominated the market in 2019 with over 50% share of the global revenue owing to extensive application scope of the product in the bakery and confectionary industry
The household application segment is expected to expand at the fastest CAGR of 2.8% from 2020 to 2027. This growth is attributed to increasing importance of healthy spreads during breakfast and dinner among the millennials
Asia Pacific is expected to exhibit the fastest CAGR of 3.2% from 2020 to 2027 owing to growing demand for the product in countries, such as China and India
Major players in the margarine market include Unilever; Bunge Limited; NMGK Group; Conagra Brands, Inc.; Wilmar International Ltd.; BRF; Yildiz Holding; Cargill, Incorporated; Uni-President; and Upfield.

Home & Garden Pesticides Market Size Worth $8.8 Billion By 2025

The global home and garden pesticides market size is expected to reach USD 8.8 billion by 2025 expanding at a CAGR of 3.8%, according to a new report by Grand View Research, Inc. Growing trend of home gardening and increased expenditure on lawn and garden maintenance are the key factors fuelling the demand for pesticides, thereby boosting market growth. Organic pesticides, in particular, have high demand as they eco-friendly, are less toxic, and can degrade quickly. Moreover, organic pesticides support the growth of beneficial insects, such as honey bees.

In addition, constant product developments in the market are likely to propel the growth further. The garden application segment holds the largest market share. It is also estimated to be the fastest-growing application segment over the forecasted period. Herbicides product type is estimated to account for the largest industry share by 2025. This growth is attributed to the wide usage of herbicides to avoid labor-intensive work of removing unwanted plants. However, insecticides type segment is estimated to register the fastest CAGR from 2019 to 2025.

This is due to rising product demand as it is easy to use and can effectively kill pests in larval stage. Botanical insecticides are also becoming popular as they have low toxicity and less or no impact on the environment. North America is estimated to be the largest regional market over the forecasted period due to rising trend of home gardening. Whereas, Asia Pacific is estimated to be the fastest-growing region from 2019 to 2025 due to improving standards of living, rapid economic growth, and rising number of residential construction activities in emerging countries.

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https://www.grandviewresearch.com/industry-analysis/home-garden-pesticides-market

Further key findings from the study suggest:

Insecticides segment is estimated to register the maximum GAGR of 4.4% over the forecasted period owing to high demand for botanical insecticides as they are less toxic
Led by India, Asia Pacific is estimated to be the fastest-growing region from 2019 to 2025 owing to increasing number of residential projects
Key companies in this market are Central Garden & Pet; SC Johnson & Son; Willert Home Products, Inc.; The Scotts Miracle-Gro Company; Spectrum Brands Holdings, Inc.; Bayer AG; Syngenta AG; Organic Laboratories Inc.; Reckitt Benckiser Group plc; BASF SE, and DuPont de Nemours, Inc.

Fish Sauce Market Size Worth $19.50 Billion By 2025

The global fish sauce market size is expected to reach USD 19.50 billion by 2025 registering a CAGR of 3.51%, according to a new report by Grand View Research, Inc. Fish sauce contains numerous vital nutrients and minerals including iodine and vitamins A & D. Rising cases of thyroid problems and related diseases have led to an increased demand across the globe, thereby augmenting market growth.

Fish sauce is widely used as a substitute for soy sauce in many countries as it has a numerous health benefits. It is also used as an ingredient for casseroles and soups, which is propelling its demand further. In addition, manufacturers are using natural fermentation processes by using anchovies and sea salt to retain the product’s nutritional value. This is likely to contribute to the market growth.

Fish sauce is a staple ingredient in many cuisines, which is also expected to spur the demand in future. Moreover, print and media advertisements have played a big role in creating awareness about the product, thereby supporting the overall market growth. U.S. being the largest consumer, North America is expected to be the dominant regional market over the forecast period. The market in Central & South America is projected to register the fastest CAGR of 3.8% from 2019 to 2025.

Some of the key companies in the global market are Teo Tak Seng Fish-Sauce Factory Co. Ltd, Pichai Fish Sauce Co., Masan Consumer Corporation, Rayong Fish Sauce Industry Co., Ltd., Shantou Fish Sauce Factory Co., TANG SANG HAH CO., Ltd., Thai Fishsauce Factory (Squid Brand) Co. Ltd., Fish Sauce Co., Ltd., Halcyon Proteins Pty. Ltd., and Hung Thanh Co. Ltd.

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https://www.grandviewresearch.com/industry-analysis/fish-sauce-market

Further key findings from the study suggest:

Traditional fish sauce is projected to be the fastest-growing, as well as the largest, product type segment over the forecast years
The restaurants application segment is likely to lead the global market expanding at the fastest CAGR of 3.6% from 2019 to 205
North America led the global fish sauce market in 2018 and accounted for a market share of 45%. The region is estimated to grow further at a steady CAGR during the forecast years
Key companies in the market focus on new product development and capacity and portfolio expansion to estimate existing and future demand patterns from upcoming application segments

Pre‐packaged Sandwiches Market Size Worth $18.2 Billion By 2025

The global pre‐packaged sandwiches market size is expected to reach USD 18.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. Rising demand for pre-packaged food among the young and millennial population due to the hectic schedule has been fueling the demand for the product across the world. In addition, sandwich is a lightweight cost-effective meal that contains all the essential nutrients including vitamins, minerals, and proteins. As a result, it has gained remarkable popularity among the health-conscious consumers who work in a hectic schedule.

The non-vegetarian products dominated the market in 2018 due to its high protein content. The products are available in a wide range of variants including egg, chicken, sausage, bacon, and beef. The vegetarian products are expected to expand at the fastest CAGR of 5.3% from 2019 to 2025. Over the past few years, increasing adoption of veganism across the globe has been fueling the demand for vegetarian or plant-based products.

Food service or HoReCa held the largest market share in 2018. Majority of the restaurants keep sandwiches in their menu considering the increasing demand for the product. The household segment for pre-packaged products is anticipated to reach USD 5.6 billion by the end of 2025. Rising penetration of e-commerce in the foodservice sector is expected to accelerate the growth of the market for pre-packaged sandwiches in the upcoming years.

Asia Pacific is expected to expand at the fastest CAGR of 9.3% from 2019 to 2015. Increasing demand for pre-packaged food, along with a wide range of product availability in the developing countries including China, India, Indonesia, and Malaysia, is anticipated to drive the demand for the product in the near future. Furthermore, increasing female participation in the workforce remains a key driving factor in this region.

Key competitors of this industry include Marks & Spencer Group plc; Greencore Group plc; Tyson Foods, Inc.; Landshire, Inc.; Norac Food; Raynor Foods; The Brunch Box; Around Noon; Grand Strand Sandwich Company Inc.; and URBANeat.

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https://www.grandviewresearch.com/industry-analysis/pre-packaged-sandwiches-market

Further key findings from the report suggest:

North America dominated the market in 2018, accounting for 30.0% share of the global revenue
Asia Pacific is expected to expand at the fastest CAGR of 9.3% from 2019 to 2025
The HoReCa or food service application segment held the largest share of 70.9% in 2018
Vegetarian products are expected to expand at the fastest CAGR of 5.3% from 2019 to 2025.

Oyster Sauce Market Size Worth $11.16 Billion By 2025

The global oyster sauce market size is expected to reach USD 11.16 billion by 2025 registering a CAGR of 4.5%, according to a new report by Grand View Research, Inc. Growing popularity of Asian cuisine across the globe is one of the key factors driving the product demand. Oyster sauce is an integral part of Japanese, Chinese, Thai, Vietnamese, Indonesian, and Malaysian cuisines. The product has been gaining popularity due to its savory flavor, making it an ideal ingredient for flavoring different types of meats and vegetables. This is also likely to boost the product demand over the forecast period.

Moreover, companies in the market are focusing on product innovation, which will also have a positive impact on the demands. For instance, in April 2018, Maggi introduced its new product, Maggi Oyster Sauce, which is a blend of Japanese and Korean oyster flavors. Household application is expected to witness the fastest CAGR of 4.7% over the forecast period. Wide usage of oyster sauce in preparation of different cuisines and preference for homemade food due to growing culinary trends are driving the product demand in this segment.

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https://www.grandviewresearch.com/industry-analysis/oyster-sauce-market

Further key findings from the study suggest:

Asia Pacific is estimated to be the largest market by 2025. However, North America is expected to be the fastest-growing region over the forecast period
The hypermarkets and supermarkets distribution channel is estimated to be the largest segment by 2025
Rapid expansion of the organized retail sector and various offers and discounts provided in these stores are augmenting the product demand
Online distribution channel segment is anticipated to register the highest CAGR of 4.8 % from 2019 to 2025 due to rising popularity of e-commerce platforms and number of smartphone users
Some of the key companies in the oyster sauce market are Lee Kum Kee; Foshan Haitan Flavoring & Food Co.; Kikkoman Corp.; Nestlé Maggi; Ajinomoto Co., Inc.; Kakusan Foods Co. Ltd.; Yuen Chun Industries; Thai Preeda Group; Foodex Manufacturer Co., Ltd.; and Bachun Food