Anti-pollution Mask Market Size Worth $22.3 Billion By 2027

The global anti-pollution mask market size is expected to reach USD 22.3 billion by 2027, expanding at a CAGR of 30.1% over the forecast period, according to a new report by Grand View Research, Inc. Factors such as rising awareness for remedial measures to combat increased pollution levels and high rate of adoption of healthy lifestyle are expected to remain the prominent trends in the market.

The recent outbreak of COVID-19 pandemic is expected to drive the demand for anti-pollution masks during the forecast period. According to a report by Cable News Network, 3M Company has been witnessing an unprecedented spike in the demand for N95 respirator masks since the beginning of 2020 across the globe. Shortage of protection masks in maximum offline stores as well as major e-commerce platforms has led to manufacturers ramping up their production capacity and distribution channels, which is one of the key attributes driving the market growth.

The growing urbanization and industrialization particularly in developing regions such as India and China plays a predominant role in increasing the pollution level. In addition, increasing number of vehicles adds to further degradation of air quality. These factors play a major role in driving the demand for anti-pollution masks in the market. Anti-pollution masks are available in different standard ratings such as N95, N99, N100, P95, and P100, as recommended by NIOSH, an association of U.S. Centers for Disease Control and Prevention.

The P rated masks are resistant to oil based particles and are used for working at places exposed to oil whereas, N rated ones are not resistant to oil based pollutants. N95 filters up to 95% of the Particulate Matter 2.5 (PM2.5) while, N99 masks filter up to 99% of PM2.5 owing to the higher rate of filtration.

Asia Pacific region is expected to witness the largest as well as fastest growth owing to rapid industrialization and development in automobile sector. The rapidly growing population in developing economies such as India and China is leading to rapid urbanization, which is increasing the pollutant levels in the atmosphere, thus boosting the product demand. According to a report by Institute for Health Metrics and Evaluation, 5.5 people die every year on account of indoor and outdoor air pollution.

The prominent players in the anti-pollution mask market are focusing on product innovation. For instance, in November 2016, Xiaomi launched battery powered anti-pollution mask to filter out PM2.5 particles from breathing. It is manufactured with hand-woven polyester material and equipped with battery powered nano filter, which is chargeable through a USB port. Furthermore, in November 2018, O2TODAY launched urban face mask, O2SafeAir through global travel retail Indiegogo. It is expected to be highly breathable, machine washable and engages with interchangeable filters from protection against pollution and microorganisms.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/anti-pollution-mask-market

Further key findings from the report suggest:

  • The recent outbreak of COVID-19 pandemic is expected to drive the demand for anti-pollution masks. Consumers have been gravitating toward the usage of anti-pollution masks to protect themselves from breathing in the pathogens that may be present in the air
  • In terms of revenue, the reusable product segment is projected to ascend at a CAGR of 30.2% from 2020 to 2027
  • Offline channel of distribution dominated the global anti-pollution mask market with an overall revenue share of over 64% in 2019
  • North America is expected to remain one of the key markets, accounting for 28.7% of global revenue share in 2019
  • Increasing rate of pollution level owing to rapid industrialization and urbanization in countries such as India and China, is expected to boost the growth of Asia Pacific market
  • The industry is highly competitive in nature with the main players including 3M, Honeywell International Inc.; KCWW; Totobobo Pte. Ltd.; MSA; and RESPRO.

Laptop Messenger Bags Market Size Worth $636.3 Million By 2027

The global laptop messenger bags market size is anticipated to reach USD 636.3 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.1% from 2020 to 2027. Rising global sales of laptops have been creating robust demand for the product over the past decade. Professionals across various industries typically use these types of bags. However, manufacturers of these products are increasingly targeting students owing to their growing affinity for these products.

Laptop messenger bags have evolved over the years beyond their intended use. In this respect, these products are increasingly being used as everyday go-to-bags featuring interior pockets to accommodate a wide variety of products, such as books. Water-repellant bags are expected to gain more traction in the near future as the average consumer is becoming increasingly conscious about the safety of their electronic devices.

The concept of convenience drives the demand for the product globally. As is the case with most other laptop carry cases, messenger bags are preferred for their style and comfort of use. Furthermore, provision of multiple compartments counterbalances the features available in substitute products, including backpacks and briefcases. Leather is among the most popular types of laptop messenger bags worldwide.

Asia Pacific is expected to remain the most substantial regional market in the foreseeable future. Though the coronavirus outbreak has been creating massive supply chain disruptions in the Asia Pacific markets, demand for laptops, most notably in India, has surprisingly continued to remain robust. Thus, increasing sales of these devices in the formerly mentioned markets are likely to favor the growth of the Asia Pacific market in the near future.

The industry is highly competitive in terms of product variation and pricing. Key players are focusing on employing lighter materials to manufacture the product, given the rising popularity of lightweight bags among consumers worldwide. Some of the most prominent market participants are CASE U; Amazon.com, Inc.; Mobile Edge; LEATHER BAGS; Dell; and Helly Hansen.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/laptop-messenger-bags-market

Further key findings from the report suggest:

  • In terms of distribution channel, the offline segment accounted for 79.4% share of the overall revenue in 2019
  • Asia Pacific held the largest share of 34.7% in 2019
  • Product innovation emerged as the key strategy deployed by majority of market players to stay abreast of the competition.

Canned Legumes Market Worth $3.50 Billion By 2027

The global canned legumes market size is expected to reach USD 3.50 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.0% over the forecast period. Changing lifestyle, along with busy work schedule, has been increasing the demand for processed and packaged foods across the globe. In addition, high nutritional value of the product has widened the opportunity for canned legumes among the growing vegan population.

Increasing inclination of the consumers towards organic food is also observable across the globe. This trend has widened the scope of canned legumes. Furthermore, manufacturers of canned legumes are using less sugar and salt in their products owing to rising consumers’ concern about the ingredients. Lately, there has been a significant rise in the demand for small serving cans that serve single person.

Europe led the market with more than 50.0% share in 2019. High demand for convenient food, along with growing vegan population, has driven the market in Europe. In addition, increasing popularity of the ethnical cuisines, such as Japanese, Mediterranean, and Indian, is boosting the demand for several beans and pulses including chickpeas, lupin beans, adzuki beans, fava beans, and lentils.

In terms of product, beans held the largest market share in 2019. White beans, navy beans, black-eyed bean, kidney beans, and pinto beans are most commonly used among the modern consumers. Furthermore, beans can complement numerous recipes, such as pasta, meat, and vegetables.

Key competitors in this industry include The Kraft Heinz Company; Goya Foods, Inc.; Bush Brothers & Company; Faribault Foods, Inc.; Conagra Brands; KYKNOS; fujian chenggong Fruits & Vegetables Food co.,ltd; SATKO; Del Monte Food, Inc.; Co-op Food; Teasdale Latin Foods; and NAPOLINA. Over the past few years, competitors in the industry are adopting innovative packaging solutions to appeal to the consumers. For instance, easy opening solutions like Easylift and Peelable Ends, transparent cans, and environmentally friendly solutions are gaining traction among the players.

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

Further key findings from the report suggest:

  • In terms of product, beans dominated the market for canned legumes with over 45.0% share of the global revenue in 2019 on account of increasing awareness among consumers regarding health benefits associated with various beans
  • North America is expected to register the fastest CAGR of 4.7% from 2020 to 2027 owing to growing demand for convenience food in U.S.
  • Offline distribution channel dominated the market in 2019 and accounted for more than 70.0% share of the global revenue. Increased importance of such channels for providing a choice of physical verification to the buyers while purchasing is expected to boost the growth of offline channel
  • Product innovation is expected to remain one of the key success factors among industry players in order to maintain a competitive edge.

Surfing Apparel & Accessories Market Size Worth $1.56 Billion By 2027

The global surfing apparel and accessories market size is expected to reach USD 1.56 billion by 2027, expanding at a CAGR of 5.3% over the forecast period, according to a new report by Grand View Research, Inc. Increasing participation of people in water sports, coupled with growing popularity of surfing as a fitness activity, is a major factor driving the market.

Surfing has been highly perceived as a game of the youth and has emerged as an indicator of active and physically exhilarating sports among young minded people. Enthused by the opportunities existent in this space, a large number of players have been venturing in the surfing industry to develop technological advanced equipment and accessories, which will, in turn, have a positive influence on the surfing apparel market. For instance, in October 2016, Trinity Board Sport announced the launch of a surfboard based on parabolic rail system technology. The board offers 20%-30% more volume than a conventional surfboard, thus offering high degree of balancing and significant performance advantages.

Based on product, surf apparel held the largest share of 77.3% in 2019 and is expected to maintain its lead over the forecast period. Increasing product innovation by leading manufacturers, such as Quiksilver, Channel Islands Surfboards, and Firewire Surfboards, is fueling the segment growth. For instance, in July 2019, Billabong, an Australia-based company announced the launch of a graphene-enhanced surfing apparel named Furnace Graphene. This product is intelligently designed where graphene wrapped yarns trap and retain heat more efficiently, thereby offering warmth to the wearer.

North America emerged as the largest regional market and accounted for a share of 47.3% in 2019. Predominating presence of a well-established water sports/surfing infrastructure in the region is one of the key factors driving the market.

Asia Pacific is expected to be the fastest growing market with a CAGR of 6.0% from 2020 to 2027. International tourist arrivals and tourist expenditure on water sports have set the tone for surfing sports in the region. Many prominent beaches in the region such as Kuta beach in Indonesia, Weligama beach in Sri Lanka, Pansea in Thailand, and Bai Dai beach in Thailand have been gaining traction among the tourists as a popular destination for surfing. These practices have increased the visibility and acceptability of the sport in the region.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/surfing-apparel-accessories-market

Further key findings from the study suggest:

  • By product, surf accessories are expected to expand at the fastest CAGR of 5.7% from 2020 to 2027. Increasing demand for accessories, such as wetsuit booties and reef socks, among professional surfing enthusiasts has been driving the segment
  • Online distribution channel is projected to expand at the fastest CAGR of 5.9% from 2020 to 2027. The online retailers offer a wide range of surfing apparel and accessories with special pricing and great discounts seasonally offered, which is a key factor enhancing the segment growth
  • Asia Pacific is anticipated to be the fastest growing market with a CAGR of 6.0% from 2020 to 2027 as a result of changing consumer viewpoint towards adventure water sports
  • Major manufacturers are adopting various methods for developing eco-friendly outdoor clothing or apparels. For instance, in November 2019, Finisterre, a U.K.-based company, collaborated with Innovate UK’s Knowledge Transfer Partnership and the University of Exeter to design wetsuit techniques that would save close to 380 tons of discarded wetsuits sent to landfill every year in U.K.

Hiking Gear & Equipment Market Size Worth $7.4 Billion By 2027

The global hiking gear and equipment market size is expected to reach USD 7.4 billion by 2027, expanding at a CAGR 6.3%, according to a new report by Grand View Research, Inc. Several factors including increasing active travelers combined with rise in adventure tourism is boosting the trend towards hiking sports which is driving the penetration of hiking gear and equipment. In addition, the industry is expected to flourish owing to increasing prominence of outdoor sports activities as a result of rising emphasis on healthy living.

Increasing number of millennials is resulting in rising prominence of various adventure sports activities which is causing growth in the market. According to the U.S. Census Bureau, youngest millennial is expected to reach its adulthood by 2020, thereby accounting for 28% of the U.S. population as well as 50% of the working population in the country. . Moreover, rising acceptance of various adventure sports as a measure to gain different experiences is holding greater attraction of consumers towards hiking. According to findings of a survey conducted by the Adventure Travel Trade Association in 2016, hiking was ranked as the most popular adventure activity, with 92.3% of the people surveyed had done the activity in U.S. thus, rising trends in the outdoor recreation and sports industry is fueling the market for hiking gear and equipment across regions.

Hiking clothes witnessed the highest penetration in the market on account of being an integral part of the sporting essential. Latest trends suggesting urban hiker style is in vogue is also complementing the product sales. Rising prominence towards sustainability have led to introduction of new fabric and insulation technology which is also addressing animal welfare as well as environmental standards. Moreover, gaining prominence of women in outdoor clothing segment owing to rising participation of women hikers is also fueling the market demand for hiking apparel.

Online channel of distribution witnessed the highest growth in the market owing to rising internet penetration across developing countries such as China, India, and Brazil which is helping develop online sales for the growing outdoor recreation and hiking products including gear and equipment. Increasing penetration of companies using online retail channels such as Moosejaw, Backcountry.com, and Eastern Mountain Sports is paving the way for increased demand of hiking gear and equipment.

North America led the hiking gear and equipment market in 2019. Increased number of consumers seeking places for outdoor recreation in order to connect to nature as well as to practice healthy exercises is driving the market in this region. Increasing construction of hiking trails in U.S. is rising the number of hikers in the region, thereby propelling the growth of the market. According to report by the Outdoor Foundation, hiking is the fourth most popular outdoor activity in U.S., witnessing 44.9 million participants in 2018.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/hiking-gear-equipment-market

Further key findings from the report suggest:

  • In terms of revenue, the equipment segment is projected to witness a CAGR of 7.0% over the forecast years
  • Specialty store distribution channel dominated the market with an overall revenue share of over 46.1% in 2019
  • North America dominated the hiking gear and equipment market in 2019 and constituted for 63.2% of the revenue share. This trend is projected to continue over the next few years
  • The industry is highly competitive in nature with key players including The North Face, Mountain Hardwear, Black Diamond Equipment, Ltd., Marmot Mountain LLC, Amer Sports, Equinox Ltd., TATONKA, mont-bell Co.,Ltd., AMG-Group, and Sierra Designs.

Dishwasher Tablet Market Worth $904.1 Million By 2027

The global dishwasher tablet market size is expected to reach USD 904.1 million by 2027, expanding at a CAGR of 8.4% in the forecast period, according to a new report by Grand View Research, Inc. Rising awareness about hygiene and cleanliness among consumers and energy and water saving attributes associated with dishwasher tablets are the key factors driving the market. The dishwashing tablets market has been witnessing growth in the past few years owing to increasing disposable income of middle-age groups, along with the energy saving benefits.

Growing awareness about environmental pollution caused by liquid and traditional powder detergents is fueling the growth of the market. Consumers’ inclination towards detergent tablets and rising demand from developing countries are also contributing significantly to the market growth. The precise formulation of dishwasher tablets makes them better for the environment. In addition, dishwasher tablets are more convenient to use, which is posing high competition to the powder or liquid detergents.

Branded products segment accounted for a major share of approximately 73.0% in 2019 and is expected to witness lucrative growth over the forecast period. This is attributed to increasing consumers’ preference for branded products, which is led by factors like previous experience and trust. Trusted brand name or product gives consumers the confidence to buy it. Developed regions like North America and Western Europe possess high growth potential for branded products, thereby fueling growth of the segment. Private-label products are expected to witness significant growth during the forecast period.

Based on distribution channel, supermarket dominated the market and accounted for around 46.0% share in 2019. Major players are focusing on retailing their dishwasher products through supermarkets owing to a wider access to the customer base and high quality packaging of the products. Convenience stores are expected to witness significant growth in the forecast period. This is attributed to easy availability of different varieties of dishwasher cleaning products in convenient shops and grocery shops. The online segment is expected to witness moderate growth during the forecast period.

Europe dominated the dishwasher tablet market and accounted for more than 30.0% share in 2019. This is attributed to rapid shift in consumer preferences from detergent powders to tablets, along with increase in disposable income. Asia Pacific is expected to register the fastest CAGR of 9.3% in the forecast period. Growing awareness about hygiene and energy savings benefits of dishwasher tablets are driving the market in this region. Moreover, shift in consumer behavior and increasing willingness to spend more on high quality or premium products are expected to impact the regional market growth in the forecast period.

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

Further key findings from the study suggest:

  • Branded products accounted for the largest share of approx. 73.0% in 2019 and are projected to witness significant growth in the forecast period
  • Based on distribution channel, convenience stores accounted for approx. 30.0% share in 2019
  • Europe held the largest dishwasher tablet market share in 2019 due to growing awareness about hygiene and cleanliness, rising number of restaurants and hotels, and increasing disposable income, especially in France and Germany.

Camping Furniture Market Worth $275.8 Million By 2025

The global camping furniture market size is expected to reach USD 275.8 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. Increasing number of millennial campers at the global level is expected to be a key factor driving the industry for camping furniture. In addition, government initiatives have been supporting the growth of the market over the world. For instance, governments of developed economies of North America and Europe are providing inexpensive accommodation and transportation and are investing in infrastructural development in order to promote the camping industry.

In terms of product, chairs and stools dominated the global camping furniture market in 2018, accounting for 51.0% share of the total revenue. These items are considered to be one of the most crucial furniture products for outdoor recreational activities as campers can enjoy nature sitting comfortably outside their tents or RVs. Increased demand for ultra-lightweight and foldable chairs that are convenient for transport has fueled the expansion of this segment.

The online distribution channel is expected to expand at the fastest CAGR of 5.3% from 2019 to 2025 due to its convenience of shopping. E-commerce provides hassle-free and safe delivery with zero shipment cost at times. This feature has been encouraging the consumers to buy camping gear from online stores.

North America held a significant market share in 2018. Hiking and fishing are the most popular recreational activities among the campers of this region. In addition, RV ownership has increased significantly in North America. Asia Pacific is anticipated to witness the fastest growth in the near future. Australia, China, Japan, India, Indonesia, and Thailand, are the prominent markets of this region. Coffs Harbour, Daintree National Park, Blue Mountains, Mount Rinjani, Doi Chiang Dao, Mount Bromo, and Mount Batur are some of the popular campsites of this region.

Key competitors in this industry include Coleman Company, Inc.; ALPS Mountaineering; Oase Outdoors ApS; Johnson Outdoors Inc.; GCI Outdoor; Kamp-Rite; Helinox; Recreational Equipment, Inc.; TREKOLOGY; Tepui Tents; and Camp Time Inc.

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

Further key findings from the report suggest:

  • Asia Pacific is expected to witness the fastest growth in the coming years due to increasing number of outdoor recreational activities in the countries including Australia, Indonesia, and India
  • In terms of product, tables are projected to expand at the fastest CAGR of 5.4% from 2019 to 2025. Chairs and stools dominated the global camping furniture market as they are one of the most needed furniture for outdoor activities
  • By distribution channel, the offline segment held the largest share of more than 70.0% in 2018. The online channel is expected to expand at the fastest CAGR of 5.3% from 2019 to 2025.

Portable Mini Fridge Market Worth $1.3 Billion By 2025

The global portable mini fridge market size is expected to reach USD 1.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% over the forecast period. Increasing application of portable fridges in outdoor recreational vehicles including RVs, caravans, motorhomes, campervans, and vanity vans is expected to remain a key factor for the market growth. In addition, improvement in the hotel industry at the global level as a result of increasing travel spending by millennials for business and personal trips is expected to promote the scope for portable mini fridges over the next few years.

Enthusiasm for outdoor recreational activities such as camping has grown significantly among working professionals across the globe. These trends are driving the manufacturers of RVs, caravans, and motorhomes to add more luxury to their products so that the customers find them more productive and luxurious during their outing. Customers’ preference is shifting towards more luxury during their outing, which, in turn, will prompt the use of portable mini fridge in the foreseeable future.

Portable mini fridges also find a wide application in hotel rooms and suites, which is expected to opens new avenues for the market. Moreover, the hotel industry is growing at a significant rate across the globe. Major players include Marriott International, InterContinental Hotels Group, and Hilton Worldwide are investing in the expansion of their hotel chain in the untapped markets. For instance, in 2019, Hilton group has planned to inaugurate its new nine hotels around the world including countries such as Algeria, Colombia, Tajikistan, China, and India. Increasing investment in the establishment of new hotels is projected to promote the utility of compact and portable fridge in the foreseeable future.

North America was the largest regional market, accounting for 30.7% share of the total revenue in 2018 owing to increased participation by millennials in outdoor recreational activities in U.S. and Canada. In addition, positive outlook towards the hospitality sector in U.S. on account of increasing number of foreign travelers for vacation and professional trips is expected to promote the scope for the portable mini fridges in the near future.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/portable-mini-fridge-market

Further key findings from the report suggest:

  • The commercial application segment held the largest share of more than 70.0% in 2018 owing to wide application in the RVs, caravans, motorhomes, campervans, and vanity vans
  • North America was the largest market, accounting for 30.7% share of the global revenue in 2018 owing to increased number of millennial participants in outdoor recreational activities in U.S.
  • Online distribution channel is expected to expand at the fastest CAGR of 5.6% from 2019 to 2025 owing to availability of a wide range of products with huge offers and discounts by some of the key e-commerce portals including Alibaba and Amazon
  • Key players include in the portable mini fridge market are Midea Group; ARB; Danby; DOMETIC GROUP AB (PUBL; Living Direct, Inc.; Engel Australia Pty Ltd.; Haier Inc.; Whirlpool Corporation; Godrej Group; Electrolux AB; and WHYNTER LLC.

Baby Stroller Market Size Worth $2.8 Billion By 2025

The global baby stroller market size is anticipated to reach USD 2.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% over the forecast period. Increasing technological advancements in baby stroller enabling consumers with easy transportation with babies is fueling the growth of the market. In addition, implementation of safety standards for baby strollers and carriages is increasing the preference for these products owing to greater built-in quality and trust. Therefore, the market witnesses increased spending on baby care products, which is expected to increase the demand for baby stroller over the forecast period.

Rising adoption of nuclear families in western countries as well as developing countries such as India and China has increased the prominence of baby stroller among the parents as a result of huge responsibility of the child on them. In addition, growing culture of working mothers across European countries is inducing consumers to adopt such products for easy traveling with their infants. According to the Office for National Statistics, in 2016, 4.9 million mothers were working and the number has surged by 1.2 million in 1996 in U.K. Growing population in Asian countries, along with rapid urbanization across developing countries such as India, China, and Bangladesh, has induced consumers to spend on child care products such as baby strollers.

Government regulations on safety standard incorporated by the American Society for Testing and Materials (ASTM) in U.S. have added modification to address hazards of head entrapment with multi-positional and adjustable grab bars. Thus, it will help increase consumers’ trust on buying these products for their children. In line with the safety rules, manufacturers are driving the market with the help of innovation and new product developments. For instance, Bentley Motors Limited under its licensed product, Bentley Trike has manufactured tricyle, which is convertible into stroller with wheels, comprising an exact replica of Bentley Continental GT speed.

In terms of product, lightweight strollers dominated the market in 2018. The product enables easy transport of babies for a shorter time period owing to less features and advancement in the product. These are usually preferred for young babies who can sit upright. Manufacturers in the segment develop new products in order to ease the burden of parents for taking their child out. For instance, in May 2019, DIONO, LLC. launched a new product Flexa, which is a super light and compact stroller for city dwellers with greater durability and improved build-in quality.

In terms of distribution channel, online retailers are expected to expand at the highest CAGR of 5.6% from 2019 to 2025. Increasing population of working class has influenced consumers to opt for online channels owing to lack of time and busy schedule. Moreover, wider product assortment available on online channels with great deals on pricing is increasing the popularity of this distribution segment.

Asia Pacific is expected to expand at the highest CAGR of 6.4% from 2019 to 2025. Shifting of the population towards urban areas by the developing countries such as India, China, and Vietnam is driving manufacturers to endorse such products in the market. Thus, increasing working population, rapid urbanization, and growing trend of nuclear family structure are the key factors increasing the demand for baby strollers.

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

Further key findings from the report suggest:

  • By product, travel system is expected to expand at the fastest CAGR of 7.0% from 2019 to 2025
  • By distribution channel, specialist retailers are expected to generate a revenue of USD 1.5 billion by 2025
  • Asia Pacific is the fastest growing region, expanding at a CAGR of 6.4% from 2019 to 2025
  • Top players operating in the baby stroller market include Artsana USA; Baby Jogger; Dorel Industries Inc.; Evenflo; Graco;Bumbleride; Bugaboo International B.V.; Britax; BREVI MILANO SPA; and Baby Trend Inc.

Watermelon Seeds Market Worth $751 Million By 2025

The global watermelon seeds market size is expected to be valued at USD 751 million by 2025, according to a new report by Grand View Research, Inc. The market is estimated to witness a CAGR of 5.8% over the forecast period. Rising cases of obesity and related health problems including coronary heart disease due to unhealthy eating habits and sedentary lifestyle will boost the product demand. Increasing demand for organic, gluten-free, and non-GMO food products is also expected to fuel the market growth.

Watermelon seeds have low calorie and fat content and are a rich source of proteins; thus, are used in a number of seed-based food products, which is likely to augment the product demand. Based on distribution channel, the market has been segmented into offline and online. The online distribution channel is projected to be the fastest-growing segment with a CAGR of 6.6% over the forecasted period. Growing popularity of e-commerce platforms like Amazon is the key factor driving the segment.

Rising number of internet and smartphone users across the globe will also have a positive impact on the segment growth. Asia Pacific is estimated to be the fastest-growing market from 2019 to 2025. Rising health consciousness, consumer disposable income, and improved standard of living are some of the key factors responsible for increased product demand in the region. In addition, rapidly expanding e-commerce sector in APAC will boost the product sales.

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

Further key findings from the study suggest:

  • The raw product type segment accounted for the largest market share in 2018 and will expand further at a steady CAGR as raw seeds have high nutritional value and wide application in the food industry
  • Moreover, many food manufacturers are using raw watermelon seed flour as a fat substitute, which will drive the segment further
  • Offline distribution channel accounted for more than 75% share of the global watermelon seeds market in 2018. Availability of a variety of products from different brands at discounted prices will drive the segment
  • In addition, rising number of organized retailing outlets including hypermarkets, supermarkets, etc. is expected to boost the product sales through offline channels
  • North America is expected to lead the market over the forecast period owing to rising vegan population and presence of several key companies in the region