Tag: Mineral

Women Health & Beauty Supplements Market Worth $68.96 Billion By 2026

The global women health and beauty supplements market size is expected to reach USD 68.96 billion by 2026, expanding at a CAGR of 4.75% over the forecast period, according to a new report by Grand View Research, Inc. Increasing intake of unhealthy, junk food along with prevalence of hormonal imbalances is resulting in increased demand for vitamin and supplements. Furthermore, growing global focus on active lifestyle and fitness is positively influencing the growth.

Vitamins. Healthy Diet, Eating, Lifestyle. Happy Smiling Woman Taking Pill With Cod Liver Oil Omega-3 And Holding A Glass Of Fresh Water. Healthcare And Beauty. Vitamin D, E, A Fish Oil Capsules. Nutrition.

Rising disposable income, awareness regarding the benefits of dietary supplements, and branding aimed at targeting younger and middle-aged population is expected to significantly boost market growth. Additionally, growing focus on preventive health as a consequence of various initiatives to increase awareness about liver heath taken by public and private organizations to promote awareness regarding health will significantly boost the growth. For instance, in March 2019, a Kiss and Click campaign is launched by Amsety and Fatty Liver Foundation to increase awareness regarding liver health. The British Liver Trust is also launching various campaigns to increase awareness regarding different types of liver diseases and promoting early diagnosis.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/women-health-beauty-supplements-market

Further key findings from the study suggest:

  • In 2019, Asia Pacific was the largest regional market with a revenue share of nearly 39%, attributed to presence of a large target population base, availability of target products, and high awareness regarding active lifestyle
  • By product, vitamins supplements segment held the largest revenue share in 2019. It is difficult for pregnant and breastfeeding women to get enough vitamin A, and thus specialists recommend vitamin A supplements usually in the form of retinyl acetate, beta-carotene, or a combination of preformed provitamin A
  • Age 31 to 50 segment held the largest revenue share in 2019, as women in this age group are the largest consumer pool for multivitamin or mineral beauty supplements. A large portion of this population is highly influenced by social media. Thus, companies are focused on using social media platforms to promote beauty supplements as youthful and brightly packed products
  • By sales channel, direct sales channel held the largest revenue share in 2019. Key factor attributed to the dominance is the presence of large players offering significant discounts and flexible payment plans

Mining Automation Market Size Worth $6.2 Billion By 2025

The global mining automation market size is expected to reach USD 6.2 billion by 2025 at a CAGR of 7.3% during the forecast period, according to a report by Grand View Research, Inc. Increasing need to enhance accuracy and productivity of mining operations is expected to drive market growth.

Need for optimizing production costs, reducing human intervention, and changing the mining landscape are key growth-driving factors for the market. Increasing investment in digital technologies, including analytics and human-machine interactions, is also expected to be one of the key factors boosting industry growth. Furthermore, complex stages involved in supply chain activities and growing sophistication in mining operations are driving the need for automation and robotics technology in this sector.

Growing automation has led to adoption of drones as a step toward the evolution of unmanned and aerial data collection technology in mines. Automated drone systems are expected to become an essential technology in future mining automation and digitization activities.

Several companies such as Tata Steel, Rio Tinto Group, and Komatsu Ltd. are the early adopters of drone technology. Usage of these systems enables quick data collection by enhancing accuracy in designing mine plans and making necessary changes, thereby boosting operational productivity.

Changing mining landscape across the globe along with dependence on specific technologies is expected to create growth opportunities over the next few years. Such changes in operations are challenging the viability of traditional exploration and drilling technologies and processes, thereby providing opportunities for the adoption of new technologies.

Rising need for Geographic Information Systems (GIS) in mineral exploration activities has boosted market growth. GIS enables professionals to perform in-depth analysis of insights related to mineral exploration, mining conditions, and geochemical or hydrological data.

Several economies including India, Africa, and Brazil lack the potential for growth owing to use of conventional exploration techniques and equipment. Increased need for exploration in these economies with the adoption of advanced technologies is expected to accelerate demand for automated solutions over the forecast period.

Rising investments and government support, along with ongoing initiatives such as Digital Transformation Initiative (DFT) for a digital transition in the mining sector, would significantly boost the adoption of automated solutions. For instance, in 2017, the Government of Australia announced its plans to invest approximately USD 79 million to encourage medium- and small-sized miners to carry out exploration activities.

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

Further key findings from the report suggest:

  • The equipment automation segment is projected to expand at a CAGR of 7.5% over the forecast period. Retrofitting existing equipment with automated technology is expected to substantially contribute to segment growth
  • The autonomous trucks sub-segment is expected to dominate the equipment automation segment over the forecast period, on account of their increased deployment to boost productivity and safety
  • The metal mining application segment is expected to grow at a significant rate over the forecast period, which can be attributed to increased gold exploration activities globally
  • The revenue share of Asia Pacific is expected to surpass 40.0% by 2025, owing to growing penetration of automation solutions in economies including Australia and India
  • Prominent market players include Rockwell Automation, Inc.; Komatsu Ltd.; Rio Tinto Group; and Caterpillar Inc.
  • Increased investments in developing automated solutions by either launching new products or retrofitting existing equipment are some of the growth strategies adopted by key players.

Construction Additives Market Size Worth $38.32 Billion By 2025

The global construction additives market size is expected to reach USD 38.32 billion by 2025, according to a report published by Grand View Research, Inc., registering a CAGR of 8.8%. The market for construction additives is anticipated to be driven by growing awareness regarding advantages of construction additives among infrastructure developers, contractors, and designers. In addition, extensive use of construction additives in residential and commercial buildings is expected to boost market growth.

Construction additives are advance materials, which have emerged as a viable solution for improving the quality of buildings and infrastructure. Additive concrete, compared to other conventional concrete types, possesses useful properties such as durability and high strength, which makes it ideal for use in infrastructure components.

By type, chemical is anticipated to be the fastest growing segment owing to its wide-ranging use in the construction sector. Its low cost, compared to other construction additives, is a major growth driver for this segment.

Booming hospitality industry all over the world, in addition to increasing number of medical centres, is responsible for enabling the commercial segment expand at the highest CAGR. On the other hand, increasing disposable income in developing countries, coupled with increasing government projects, is expected to drive the residential and infrastructure segments.  

Key players are investing in educating builders and contractors regarding the significance of using construction additives to enhance quality and endurance of construction. These players are also heavily investing in R&D activities, most of which are focused on manufacturing products that are suitable for various conditions at an affordable price.

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

Further key findings from the report suggest:

  • The chemical additives segment is anticipated to be exhibit the highest growth in terms of revenue, with a CAGR of 9.3% over the forecast period. Low cost and ease of use make it ideal for residential and commercial construction
  • The commercial segment is the largest end user in the global construction additives market. Extensive use of construction additives in high-rise buildings, hotels, malls, and hospitals is driving this segment
  • Asia Pacific is expected to be the largest as well as fastest-growing regional market, exhibiting a CAGR of 10.2% in terms of revenue over the forecast period. Rapidly growing population and rising government mega infrastructure projects in the region is expected to further boost market demand  
  • Many major players have invested in research and development activities in order to develop more effective and affordable products. Companies are also focusing on expanding their businesses in developing countries.