Breast Pump Market Size, Share & Scope, Product Estimates & Strategy Framework To 2022 - 2030

The global breast pump market is expected to reach USD 5.20 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 8.3% from 2022 to 2030. Improving healthcare infrastructure in emerging economies, increasing global women's employment rates and the presence of favorable demographics are the key driving factors for the breast pump market.

Breast Pump Market Segmentation

Grand View Research has segmented the global breast pump market report on the basis of product, technology, application, and region:

Based on the Product Insights, the market is segmented into Open Systemand Closed System.

• The closed system segment held the largest market share of 65.3% in terms of revenue, in 2021 and is anticipated to witness the fastest growth rate during the forecast period. The growth is mainly owing to their higher usage rates as these systems are relatively more hygienic and contamination-free.
• Closed breast pumps are rapidly substituting open systems and therefore, their revenue share is expected to increase by 2030.

Based on the Technology Insights, the market is segmented into Manual Pumps, Battery Powered Pumps and Electric Pumps.

• The electric pumps segment held the largest market in 2021 and is expected to witness the fastest growth rate with a CAGR of 8.4% during the forecast period.
• Working mothers generally prefer to use electric pumps as they can easily extract more milk in a short time. The double pumping model decreases the time taken when compared to a normal pump. 
• Electric pumps are also available for rent for mothers who cannot afford to buy a new pump and require them for short time durations.

Based on the Application Insights, the market is segmented into Personal Useand Hospital Grade.

• The hospital grade segment held the largest share of over 60% in 2021 and is anticipated to witness the fastest growth rate during the forecast period.
• Hospital-grade breast pumps have powerful motors and are typically used in hospitals, but they can also be rented on a monthly basis for personal use. These breast pumps operate on a "closed system," which means that barriers are in place to prevent milk and other fluids from entering the motor.
• These breast pumps provide several benefits such as they are more powerful and effective than many personal-use pumps. They are beneficial for mothers who have medical issues that necessitate the use of a high-powered pump or whose babies have difficulty latching and nursing.

Breast PumpRegional Outlook

• North America
• Europe
• Asia-Pacific
• Latin America
• MEA

Key Companies Profile& Market Share Insights

Key players are involved in adopting strategies such as mergers & acquisitions, partnerships, and launching new products to strengthen their foothold in the breast pump market. For instance, in November 2020, Medela and Aeroflow Breastpumps are launching a dream at-home breastfeeding and pump room makeover for moms across the U.S. Moreover, in September 2020, Willow introduced a revolutionary wearable breast pump for women and raised USD 55 million to extend its product line to include more options for new mothers.

Some prominent players in the Breast Pump market include

• Ameda (Magento, Inc.)
• Hygeia Health
• Medela AG
• Koninklijke Philips N.V.
• Lansinoh Laboratories, Inc.
• Pigeon Corporation
• Motif Medical
• Chiaro Technology Limited (Elvie)
• Willow Innovations, Inc.
• Spectra Baby USA

Order a free sample PDFof the Breast Pump Market Intelligence Study, published by Grand View Research.

U.S. Population Health Management Market Growth and Forecast, 2022 - 2030

The U.S. population health management market size is expected to reach USD 103.7 billion in 2030, registering a CAGR of 19.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. Increase in healthcare expenditure, need for value-based healthcare delivery, and effective disease management across different care settings are among the key factors expected to drive the market during the forecast period.

U.S. Population Health Management Market Segmentation

Grand View Research has segmented the U.S. population health management market based on product and end use:

Based on the Product Insights, the market is segmented into Software and Services.

·       The services segment dominated the market in 2021 with a revenue share of more than 52% owing to the high demand for post-purchase assistance for PHM solutions. On the other hand, the software segment is expected to register the fastest CAGR over the forecast years. The growth is credited to the well-managed network of software that provides actionable analytics for providers and the ability to manage multiple lines of business seamlessly on one platform.

·       The services segment currently holds more than 50% of the market share, as an in-house system is typically preferred over third-party providers for the assessment of patient data by hospitals and other healthcare providers. The Patient-Centered Medical Home (PCMH), a holistic approach to primary care designed to improve care coordination, is among the key building blocks of PHM. PCMHs can track patients’ health conditions systematically & reach out to those who do not visit their doctors regularly to address poor health behavior.

Based on the End-useInsights, the market is segmented into Providers, Payers and Employer Groups.

·       Providers segment held a majority of the market share of over 49% in 2021. Healthcare providers need PHM systems that are compatible with Electronic Health Record (EHR) systems to assist in delivering holistic, patient-centric care.

·       Payers in healthcare are third-party entities, such as insurance carriers. The cost of health services is financed or reimbursed by these entities. Predictive analytics competency provides payers an opportunity to leverage over other providers in the interpretation of unstructured clinical content and population behavior. This competitive advantage is efficient to increase the demand for PHM software for payers. 

·       Employer groups require consumer-focused health plans to ensure the well-being of employees. Employee satisfaction is the most important metric as it ensures better services from employees. Employer groups as end users are evolving into a significant market for PHM as it helps employers in information management as well as financial risk management.

Key Companies Profile& Market Share Insights

The market players are increasing their interactions with healthcare systems and organizations leading to multi-level networking within the healthcare industry. The key players are undertaking strategic activities including research initiatives, launching new products, regional expansion, partnerships & collaborations, and mergers & acquisitions to gain a competitive advantage.

Some prominent players in the U.S. Population Health Management market include

·       Allscripts Healthcare

·       Cerner Corp.

·       Conifer Health Solutions, LLC

·       EClinicalWorks

·       Enli Health Intelligence

·       McKesson Corp.

·       Medecision

·       Optum, Inc.

·       Advisory Board

·       Koninklijke Philips N.V.

·       Athenahealth, Inc.

·       RedBrick Health

·       Welltok

Order a free sample PDF of the U.S. Population Health Management Market Intelligence Study, published by Grand View Research.

U.S. Healthcare Staffing Market Distribution Channel Outlook (Revenue, USD Billion, 2022 - 2030)

The U.S. healthcare staffing market size is expected to reach USD 34.7 billion by 2030, exhibiting a CAGR of 5.6% from 2022 to 2030, based on a new report by Grand View Research, Inc. Increasing geriatric population is leading to rising demand for medical services and shortage of nurses and other medical staff. The cost-effectivity of temporary staffing is likely to drive the market in the coming years.

Technological advancements are one of the major drivers of rising healthcare employment. With the advent of various innovations, such as telehealth and medical informatics, the need for skilled labor to handle both technical and non-technical aspects of these devices has increased. Hence, recruitment of new professionals along with training of existing ones has become essential. The flexibility in work timings and attractive wages are primary reasons for the increasing number of nurses becoming per diem and travel nurses.

U.S. Healthcare Staffing Market Segmentation

Grand View Research has segmented the U.S. healthcare staffing market based on type:

Based on the Type Insights, the market is segmented into Travel Nurse Staffing, Per Diem Nurse Staffing, Locum Tenens Staffingand Allied Healthcare Staffing.

·       Travel nurse staffing dominated the market with a share of 45% in 2021. This can be attributed to the high pay, travel opportunity, and short-term assignments. Furthermore, in response to increasing medical expenses, hospitals are forced to reduce their staff. Hence, they opt for these services to ensure that nurses are available when the workload increases.

·       On the other hand, the locum tenens staffing segment is anticipated to witness maximum growth during the forecast period. The rising shortage of primary care physicians and specialists and hospitals hiring locum tenens in peak seasons to reduce cost are primary reasons for the growth of the segment.

·       Allied healthcare professionals include physical therapists, medical technologists, pharmacists, dental hygienists, phlebotomists, radiographers, pathologists, and others. Improving access to public healthcare, growing retired baby boomers, and rising prevalence of chronic diseases are likely to drive the segment growth.

Key Companies Profile& Market Share Insights

The market is moderately fragmented.Partnerships and collaborations, mergers and acquisitions, adoption of the latest technology, and geographical expansion are some of the strategic initiatives undertaken by the major players to strengthen their market position.

Some prominent players in the U.S. Healthcare Staffing market include

·       Envision Healthcare Corporation

·       AMN Healthcare

·       CHG Management, Inc.

·       Maxim Healthcare Group

·       Cross Country Healthcare, Inc.

·       Aya Healthcare

·       Trustaff

·       TeamHealth

·       Adecco Group

·       LocumTenens.com

Order a free sample PDF of the U.S. Healthcare Staffing Market Intelligence Study, published by Grand View Research.

Disposable Syringes Market Demand From Electronics And Automotive Segment Till 2022 - 2030.

The global disposable syringes market size is anticipated to reach USD 22.81 billion by 2030, registering a CAGR of 6.12% over the forecast period, according to a new report by Grand View Research, Inc. The market is expected to expand due to the increasing adoption of safety syringes, technological advancements, increasing demand for vaccines along with growing adoption of self-administration of drugs are supporting the market growth of disposable syringes.

The COVID-19 pandemic has resulted in a significant surge in demand for emergency supplies, medical disposables, medicines, and hospital equipment. As a result of COVID-19, there has been an increase in the production of COVID-19 vaccines, resulted in rise in demand for disposable syringes.

Disposable Syringes Market Segmentation

Grand View Research has segmented the global disposable syringes market based on product, application, and region:

Based on the ProductInsights, the market is segmented into Conventional Syringes, Safety Syringes, Retractable Safety Syringesand Non-retractable Safety Syringes.

·       The safety syringes led the market and accounted for a revenue share of 64.03% in 2021. However, conventional disposable syringes have been in use from a long time, safety syringes are more preferred nowadays due to their benefits.

·       The conventional syringes are the second leading segment and accounted for market reveue share of 35.97% in 2021. Conventional syringes are mostly made of plastic with visible graduation and are intended for single use.

·       The governments in emerging countries are undertaking initiatives to increase the use of conventional disposable syringes &needles with an aim to reduce the transmission of diseases in patients; thereby, propelling the segment growth over the forecast period.

Based on the Application Insights, the market is segmented into Immunization Injections and Therapeutic Injections.

·       The therapeutic injections led the market and accounted market revue share of 85.69% in 2021. Increasing awareness toward blood donations across the globe is one of the major factors driving the segment.

·       The immunization injections segment is anticipated to witness the fastest growth at a CAGR of 7.43% during the forecast period. The process of vaccination is majorly a mass activity, thus, increasing the risk of transmission of blood-borne pathogens. In such cases, the multiple use of a syringe & needle needs to be avoided to prevent the risk of needle stick injuries.

Disposable Syringes Regional Outlook:

 

·       North America

·       Europe

·       Asia Pacific

·       Latin America

·       Middle East & Africa (MEA)

Key Companies Profile& Market Share Insights

Companies operating in the market are stepping up their efforts to get their products approved so that manufacturers can start mass production.

Some prominent players in the Disposable Syringes market include

·       Medtronic (Covidien)

·       Nipro Corporation

·       Fresenius Kabi

·       Baxter

·       BD

·       B. Braun Melsungen AG

·       Terumo Corporation

·       Flextronics International Vita Needle Company

·       Novo Nordisk

·       UltiMed, Inc.

·       Henke-Sass Wolf

·       Retractable Technologies

Order a free sample PDF of the Disposable Syringes Market Intelligence Study, published by Grand View Research.

Contact Lenses Market Share, Trends & Scope, Product Estimates & Strategy Framework To 2022 - 2030

The global contact lenses market size is expected to reach USD 21.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.3% from 2022 to 2030. Innovative materials for manufacturing contact lenses and the increasing adoption of contact lenses are prominent factors boosting the market's growth. The rising tendency of youngsters to enhance their aesthetic appearance and the growing aging population is expected to drive the demand for contact lenses over the forecast period. The rise of astigmatism and myopia cases worldwide and the increased acceptance of these lenses in developing countries are boosting market expansion over the forecast period. Also, global factors such as the rising disposable income and improvement in the overall economy are anticipated to propel the market's growth.

Contact lens manufacturers are the source for wholesale and retail distributors, and manufacturers distribute their contact lenses through various channels. Significant market growth can be attributed to the increasing number of active lens wearers, technological advancements, and the development of silicone hydrogel material to fabric soft lenses. Orthokeratology (Ortho K) is a recent technological advancement that reshapes the cornea to improve vision which involves wearing specially developed overnight contact lenses to change the structure of the eyes during sleep. Increasing product launches and developments resulted in increased adoption of contact lenses. For Instance, In March 2019, Alcon Vision LLC, a manufacturer of eye care devices, introduced the AcrySof IQ PanOptix Trifocal IOL, which may be used for intermediate, distance, and close vision in the U.S. Market.

Contact Lenses Market Segmentation

Grand View Research has segmented the global oleoresin market report based on the product, application and region

Based on the Material Insights, the market is segmented into Gas Permeable, Silicone Hydrogel and Hybrid.

• The silicone hydrogel lens segment dominated the market for contact lenses and accounted for the largest revenue share of more than 88.4% in 2021. Silicone hydrogel lenses offer a wide range of benefits, including greater comfort and flexibility than gas-permeable lenses.
• The hybrid lens segment is expected to witness significant growth over the forecast period. A hybrid lens is a combination of gas permeable and silicone hydrogel. It consists of an RGP central zone surrounded by a soft peripheral skirt made of soft or silicone hydrogel material.
• Gas Permeable is more breathable than its counterparts, which reduces the risk of infection.

Based on the Design Insights, the market is segmented into Spherical, Toric, Multifocal and Others.

• The spherical lens segment led the market for contact lenses and accounted for the largest revenue share of 61.8% in 2021.
• The multifocal lenses segment is expected to witness moderate demand due to the ability of these lenses to incorporate multiple prescriptions.
• The demand for toric lenses is expected to increase substantially with a CAGR of 6.7% over the forecast period.

Based on the Application Insights, the market is segmented into Corrective, Therapeutic, Cosmetic, Prosthetic and Lifestyle-oriented.

• The corrective lens segment dominates the market and accounted for the largest revenue share of more than 44.0% in 2021.
• The therapeutic application segment accounted for a substantial portion of the total market share in 2021.
• The cosmetic lens industry is anticipated to witness colossal growth opportunities due to the surging demand for an improved aesthetic appeal of eyes.

Based on the Distribution Insights, the market is segmented into E-commerce, Eye Care Practitioners and Retail.

• The retail segment led the market for contact lenses and accounted for the largest revenue share of 60.4% in 2021.
• The majority of the lenses manufactured are distributed through independent eye-care professionals. Due to this, online retailing accounts for the smallest share.
• The e-commerce segment has simplified distribution and has enabled manufacturers to expand their geographical footprint across the globe.

Based on the Usage Insights, the market is segmented into Daily Disposable, Disposable, Frequently Replacement and Traditional.

• The daily disposable lens segment dominated the market for contact lenses and accounted for the largest revenue share of more than 33.0% in 2021.
• The preference for daily disposable lenses has been rising because a new set of lenses provides greater comfort to the user.
• Vendors in the market are focusing on offering more significant rebates on the daily disposable lens to increase its adoption amongst users.

Contact Lenses Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The industry perceives growing market consolidations through mergers, collaborations, and acquisitions through strategic initiatives. This is primarily due to the market players' brand value and customer base and establishing a global footprint. Industry participants enter into long-term partnerships with suppliers and distributors to strengthen their product portfolio and geographical presence. For instance, in January 2019, Mark'Ennovy Personalized Care, S.L (MARK'ENNOVY), a contact lens manufacturer in Europe, announced its collaboration with Capricornia Contact Lens Pty Ltd, a contact lenses distributor, and manufacturer. 

Some prominent players in the Global Contact Lenses market include:

• Essilor International S.A.
• Alcon Vision LLC
• Abbott Medical Optics, Inc.
• CooperVision, Inc.
• Hoya Corporation
• SynergEyes, Inc.
• X-Cel Specialty Contacts
• Johnson & Johnson Vision Care, Inc.
• Medennium
• Seed Co., Ltd.
• STAAR Surgical Company

Order a free sample PDF of the in Contact Lenses Market Intelligence Study, published by Grand View Research.

Revenue Cycle Management Market Share, Trends & Scope, Product Estimates & Strategy Framework To 2022 - 2030.

The global revenue cycle management market size is expected to reach USD 658.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.6% from 2022 to 2030. Growing digitalization of healthcare is driving organizations to adopt healthcare IT solutions such as Revenue Cycle Management (RCM) systems. Unorganized data siloes generated from multiple healthcare functionalities and the increasing need to streamline workflows to enhance productivity and efficiency are driving the adoption of RCM systems and propelling market growth.

The existing healthcare systems are transitioning and readily adopting electronic processes for claims management, coding, and reimbursements. The growing digital literacy across the globe and increasing healthcare IT spending coupled with technological advancements in healthcare infrastructure are anticipated to boost the market growth. Rising demand for workflow optimization and favorable regulatory support from government bodies is shaping development and growth. Transforming healthcare systems and constant technological advancements are driving key players to focus on their innovative product development strategies to enhance the patient-provider relationship in healthcare facilities.

Revenue Cycle Management Market Segmentation

Grand View Research, Inc. has segmented the global revenue cycle management market on the basis of product type, type, delivery mode, end use, and region:

Based on the Product Insights, the market is segmented into Software and Services.

• The software segment dominated the revenue cycle management market and accounted for the largest revenue share of 66.4% in 2021.
• An RCM software tool will help to manage a large amount of data and the procedure for evaluating data and designing valuable mitigation tasks will be easy.
• According to Health Catalyst data estimates, 90% of healthcare organizations use these software solutions to enhance quality and improve revenue cycle management.

Based on the Type Insights, the market is segmented into Integrated and Standalone.

• The integrated type segment dominated the market for revenue cycle management and accounted for the largest revenue share of 69.8% in 2021 owing to the growing preference for volume-based payments over value-based payments.
• According to the survey of Black Book Market Research, technologies that fully incorporate revenue cycle management, practice management, and Electronic Health Record (EHR) systems are the path of the future.
• The integrated type of services is anticipated to register the fastest growth over the forthcoming years owing to the growing demand for enhancing healthcare systems’ efficiency, increasing healthcare facilities, and growing healthcare costs.

Based on the Delivery Mode Insights, the market is segmented into On-premise, Web-based and Cloud-based.

• The web-based delivery mode segment dominated the market for revenue cycle managementand accounted for the largest revenue share of 53.0% in 2021 owing to the growing implementation of web-based solutions.
• Cloud deployed solutions have rendered medical data-sharing easy and secure. It automates backend processes and enables the creation and protection of telehealth apps.
• Cloud-based products have been developed to improve resource procurement, enhance infrastructure dependability, and strengthen operations.

Based on the End-User Insights, the market is segmented into Physician Back Offices, Hospitals, Diagnostic Laboratories and Others.

• The physician back-office segment dominated the market for revenue cycle managementand accounted for the largest revenue share of 38.0% in 2021.
• A rising focus on increasing the number of physicians and healthcare facilities across the region is expected to drive the market for revenue cycle management. Private physician offices undergo numerous economic challenges such as physician reimbursement, increasing operating expenses, and patient content.
• The growing demand for streamlining hospitals’ workflows and enhancing productivity and efficiency is driving the adoption of RCM solutions in hospitals. Hospitals commonly use an integrated type of RCM system bringing patients and providers collectively into a single platform.

Revenue Cycle Management Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The key participants in the market for revenue cycle management are devising various strategic initiatives to expand their business footprint and gain a competitive edge in the market. Key players are focusing on strategic initiatives such as mergers and acquisitions, technological collaborations, partnerships, funding and investments, and innovative product developments and launches to expand their expertise and product portfolio. For instance, in January 2020, R1 RCM, Inc. entered into a strategic partnership with Rush University System for Health (RUSH) to achieve revenue cycle performance excellence and boost innovation in healthcare.

Some prominent players in the Global Revenue Cycle Management market include:

• The SSI Group, Inc.
• AllScripts Healthcare, LLC
• Experian Health
• R1 RCM Inc
• McKesson Corporation
• athenahealth, Inc.
• Epic Systems Corporation
• NXGN Management, LLC
• CareCloud Corporation
• Quest Diagnostics, Inc.

Order a free sample PDF of the in Revenue Cycle Management Market Intelligence Study, published by Grand View Research.

What are the profit margins in the Oleoresin industry?

The global oleoresin market is expected to reach USD 2.60 Billion by 2030, as per the new report by Grand View Research, Inc. The growth is majorly driven by increased demand from the pharmaceutical, healthcare, and food and beverage industries. Therapeutic properties and multiple health benefits of oleoresins are considered to be major driving forces for the oleoresin market.

Oleoresins are usually found in semi-solid states. They are derived from a variety of spices such as turmeric, garlic, paprika, and others. Oleoresins is a developed comprehensive market with the most important applications in the food & beverage and pharmaceutical sectors. Oleoresins are driven by cumulative demand for flavors, fragrances, and rising utilization in the pharmaceutical sector.

Oleoresin Market Segmentation

Grand View Research has segmented the global oleoresin market report based on the product, application and region

Based on the Product Insights, the market is segmented into Paprika, Black Pepper, Capsicum, Turmeric, Ginger, Garlic, Onion, Seed Spice and HerbsOthers.

• Black pepper products dominated the global oleoresin market with more than 23% revenue share. The growth of the segment is attributable to the extensive use of black pepper in the food and beverage industry.
• Turmeric is the fastest growing product segment exhibiting proliferate growth in terms of revenue during the forecast period. This growth rate is attributed to high demand from the food, beverage, cosmetic, pharmaceutical, and healthcare industries.
• Paprika and garlic are utilized extensively in the food industry as an additive.  Paprika is used as a coloring agent as well as for its distinctive taste. It is also consumed in sweets, emulsified processed meats, spice mixtures, sauces, orange juice, and cheese.
• End users in the pharmaceutical and food & beverage industries have entered into long-term supply agreements with capsicum oleoresin processors located across Spain and India in order to ensure a constant supply.

Based on the Application Insights, the market is segmented into Food, Beverages, Fragrances, Pharmaceutical, Nutraceutical and Others.

• Food application dominated the market with a revenue share of over 27% in 2021. Its high share is majorly attributable to the extensive use of a variety of oleoresins in food as additives, flavoring agents, coloring agents, antioxidants, and others.
• The pharmaceuticals application segment is expected to exhibit a CAGR of 7.2% in terms of revenue during the forecast period. This is attributable to multiple health benefits of oleoresins and growing investment in pharmaceutical research and development.
• Rising consumer awareness regarding the health benefits associated with oleoresins has prompted pharmaceutical drug manufacturers to focus on the utilization of oleoresin extracts for drug formulations.

Oleoresin Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The global market is highly competitive and has numerous players across the globe. The market is majorly driven by demand from the food, beverage, and pharmaceuticals industry. It is heavily affected by fluctuations and volatility in the raw material market.  For ensuring the constant supply of raw materials, the players have long-term contracts with the raw material producers. Companies are also focusing on increasing their production capacities by expanding their operations to different regions around the globe. For example, in November 2019, Givaudan expanded its Nantong manufacturing facility in China and doubled its flavor production capacity. 

Some prominent players in the Global Oleoresin market include:

• Chenguang Biotech Group Co. Ltd.
• Kancor Ingredients Ltd.
• Kalsec Inc.
• Universal Oleoresins
• Givaudan
• Akay Group Ltd.
• Synthite Industries Ltd.
• AVT
• Indo-World
• Paprika Oleo's India Limited
• Paras Perfumers
• Manohar Botanical Extracts Pvt. Ltd.
• Naturite Agro Products Ltd
• MRT GREEN PRODUCTS
• All-Season Herbs
• TMV Aroma
• Plant Lipids
• Ozone Naturals

Order a free sample PDF of the in Oleoresin Market Intelligence Study, published by Grand View Research.

Europe nutrition and supplements market size is expected to reach USD 102.5 billion by 2030.

The Europe nutrition and supplements market size is expected to reach USD 102.5 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% from 2022 to 2030. The growing inclination of the European population towards fitness and health is a key factor driving the market. The demand for enriched foods, functional foods, and nutritional supplements across European countries has also risen. The newfound interest in preventative health using supplementation and functional foods has also contributed significantly to the growth.

Europe Nutrition and Supplements Market Segmentation

Grand View Research has segmented the Europe nutrition and supplements market on the basis of product, consumer group, formulation, sales channel, and country:

Based on the Product Insights, the market is segmented into Sports Nutrition, Dietary Supplements and Functional Foods.

• The functional foods and beverages segment held the largest revenue share of over 55.0% in 2021. The functional foods and beverages segment comprises probiotics, omega 3, and others.
• The sports nutrition segment is expected to grow at the fastest pace during the forecast years. This has been a result of an increase in the number of people focusing on health and fitness as a way to lead a healthy lifestyle.

Based on the Consumer Group Insights, the market is segmented into Infants, Children, Adults, Pregnant and Geriatric.

• Adults held the largest revenue share of over 25.0% in 2021. The high prevalence of chronic diseases like high cholesterol, hypertension, and diabetes due to unhealthy diet and lifestyle, and the changing perception towards health and well-being are the key factors fueling the growth in the segment.
• The geriatric segment is expected to grow in the coming years. Age-related disorders often require nutritional supplementation and it is achieved with the help of functional foods and dietary supplementation. 

Based on the Formulation Insights, the market is segmented into Tablets, Capsules, Powder, Softgels, Liquid and Others

• The powder segment held the largest revenue share of over 35.0% in 2021. The wide range of products available in the powder form for consumption across all age groups has been a key factor driving this segment.
• The capsule formulations are preferred by people who do not like the taste of powder or soft chew forms of nutritional supplements.

Based on the Sales Channel Insights, the market is segmented into Brick & Mortar and E-commerce

• The brick-and-mortar sales channel segment dominated the European market for nutrition and supplements and held a revenue share of over 70.0% in 2021.
• The e-commerce or online sales channel has been gaining a lot of traction, more due to COVID restrictions. The major players have increased collaboration with e-commerce platforms for the distribution of products through online sales. This has made purchasing easier for consumers and has thus contributed to the growth of the market.

Europe Nutrition and SupplementsCountry Outlook

• U.K.
• Germany
• France
• Italy
• Russia
• Spain
• Rest of Europe

Key Companies Profile& Market Share Insights

The European market for nutrition and supplements has many multinational companies as well as regional players. 

Some prominent players in the Europe Nutrition and Supplements market include

• Amway
• Bayer
• Sanofi
• Abbott
• Nestle
• Pfizer

Order a free sample PDF of the Europe Nutrition and Supplements Market Intelligence Study, published by Grand View Research.

Lecithin Market Growth and Forecast, 2022 - 2030

The global lecithin market size is expected to reach USD 1,068.8 million by 2030, expanding at a CAGR of 7.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by rising demand for lecithin, which has compelled the end-use manufacturers to include it in their product formulations.

Growing demand for lecithin in the developed economies of North America and Europe, despite the high prices of the products, is estimated to offer various opportunities for natural ingredient manufacturers, thereby opening new avenues to market entrants. Companies operating in the product market can focus on expanding their production capacities and product offerings.

Lecithin Market Segmentation

Grand View Research has segmented the global lecithin market report based on source, end-use, form, and region:

Based on the Source Insights, the market is segmented into Soy, Sunflower, Rapeseed and Others.

• The soy segment dominated the lecithin market with the highest revenue share of over 79% in 2021. This is attributable to the growing food industry in regions of Europe and Asia Pacific due to the presence of extensive areas of land under soybean cultivation and production.
• It is mainly used for manufacturing dairy products, ice creams, dietary supplements, infant formulas, bread, margarine, and other convenience foods. However, growing concerns regarding increasing cholesterol levels and allergic properties of soybean are expected to lower its demand during the forecast period.
• Lecithin extracted from sunflower seeds is expected to witness an increased demand in the growing product category of healthy foods, owing to the wide range of benefits provided by the product. Also, the demand for sunflower lecithin is expected to remain high on account of its growing consumption for manufacturing supplements.

Based on the End-Use Insights, the market is segmented into Convenience Food, Bakery, Confectionary, Pharmaceutical, Personal Care And Cosmetics, Animal Feed, Industrial and Others.

• The animal feed segment has dominated the lecithin market with the highest revenue share of more than 40% in 2021.
• Lecithin is used in convenience food products to assist in binding fat and keeping it in suspension, improving hydration of high-protein ingredients, lowering the fat cap throughout the retort process, and enhancing dispersion of high-fat powders.
• The confectionery segment consists of products that are mainly rich in sugar, such as chocolates, ice cream, gums, and caramels. Enhanced surface properties provided by lecithin boost its consumption in the confectionery segment.

Based on the Form Insights, the market is segmented into Liquid, Powder and Granules.

• Liquid form dominated the lecithin market with the highest revenue share of more than 86% in 2021. This high share is attributable to a sharp rise in demand for liquid form from multiple end-use application industries, such as industrial coatings, cosmetics, food processing, and confectionaries.
• While liquid form is used in several food products, either as a food additive or naturally, it is also consumed as a dietary supplement. Liquid lecithin in the dietary supplement is frequently a mixture of choline, inositol, phosphatidylcholine, phosphatide, and other compounds and is not merely phosphatidylcholine.
• Lecithin powder is utilized as an ingredient in several end-use industries, namely feed, food & beverage, cosmetics, and pharmaceuticals, among others. The product is frequently used in bakery and confectionery products.

Lecithin Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The global lecithin market is highly fragmented in nature and is facing intense competition. Market players are investing heavily in R&D activities related to technological advancements for process optimization, new product development, existing product portfolio expansion, and regional expansion. The competitive edge in the market lies in increased regional presence and establishing tie-ups with major end-users. Mergers, acquisitions, and joint ventures can enable key players to expand their global presence.

Some prominent players in the Global Lecithin market include:

• Cargill, Inc.
• ADM
• Lipoid GmbH
• Bunge Limited
• American Lecithin Company
• Global River Food Ingredients
• DuPont de Nemours, Inc.
• Stern-Wywiol Gruppe GmbH & Co. KG
• Haneil Soyatech Pvt. Ltd.
• NOW Foods
• Thew Arnott & Co. Ltd.
• GIIAVA
• AKK Soya International
• Imcopo Food Ingredients B.V.
• Sun Nutrafoods
• Lasenor EMUL., S.L.
• Sime Darby Unimills B.V.
• LECICO GmbH
• Wilmar International Ltd.
• Yugen Chemicals
• Barentz
• Tianjin Hexiyuan Lecithin Technology Co., Ltd.
• Orison Chemicals Limited

Order a free sample PDF of the in Lecithin Market Intelligence Study, published by Grand View Research.

Biochar Market Share, Trends & Scope, Product Estimates & Strategy Framework To 2022 - 2030

The global biochar market size is estimated to reach USD 3.1 billion by 2025, according to a new report by Grand View Research, Inc.. It is expected to expand at a CAGR of 13.2% over the forecast period. Globally increasing demand for the product in organic farming has been a major factor influencing the growth. In addition, increasing consumption in livestock feed and awareness pertaining to benefits of biochar as soil amendment are expected to drive the demand.

Biochar is an evolving industry and is anticipated to become a major influencing factor in increased crop yield and productivity of the agriculture sector. It improves soil fertility and provides necessary nutrition to crop. Moreover, applications in energy production and greenhouse gas remediation are expected to provide new revenue opportunities to the sector.

The market consists of organized and unorganized manufacturers. Growing economies such as China, India, Japan, Mexico, and Brazil produce significant amount of biochar through small and medium scale industries mainly running into village areas. Whereas, large scale manufacturers are concentrated in North America.

Biochar Market Segmentation

Grand View Research, Inc. has segmented the global biochar market on the basis of technology, application, and region:

Based on the technology Insights, the market is segmented into Pyrolysis, Gasification and Offers.

• Among various manufacturing technologies available, pyrolysis is the most efficient production process. It is expected to expand at a CAGR of 13.8% in terms of revenue over the forecast period owing to the high end-product yield of high carbon content and stability of a process.
• The growing need for electricity generation has displayed a moderate rise in the use of gasification technology. Since the process does not yield stable biochar that can be used in agricultural applications, it is expected to lose its market share over the forecast period.
• Manufacturing processes such as hydrothermal carbonization, acid hydrolysis, and cooking stove are used by small producers to gain high profit. The Asia Pacific has witnessed strong growth in the use of such processes owing to the rising number of small scale producers.

Based on the application Insights, the market is segmented into Agriculture and Others.

• The agriculture application segment accounted for 71.1% of the total biochar demand. Biochar helps to enhance water and fertilizer holding capacity and improve soil’s biological productivity, which helps in providing crop nutrition and accelerating growth. However, a large number of farmers still lack knowledge about the product and its benefits.
• Livestock farming contributes to a large proportion of the overall consumption in agricultural applications. The ability of the product to provide essential nutrients and maintain the health of livestock has increased its consumption in livestock farming, including poultry farming, cattle farming, and meat production.
• In organic farming, factors such as growing demand for organic food, health consciousness, and increasing consumer spending capacity are complementing this sector to grow exponentially over the coming years. Whereas, conventional farming is still used in several rural areas as it provides more yield.

Biochar Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

Key players involved in the manufacturing of Biochar are BSEI, Airex Energy Inc., and Diacarbon Energy. More than 80% of medium and large scale manufacturers are concentrated in North America while the Asia Pacific and Europe comprise lesser concentration. Aberystwyth University, Massey University, Federal Rural University of the Amazon, and the University of East Anglia are among the few of the research institutions engaged in the production and R&D activities of biochar. Timber manufacturers such as Georgia-Pacific, West Fraser, and Weyerhaeuser supply wood pellets and waste wood to various manufacturers in North America. This industry has numerous small manufacturers including Cool Planet Energy Systems Inc., who have integrated their value chain at all levels.

Some prominent players in the Global Biochar market include:

• BSEI,
• Airex Energy Inc.
• Diacarbon Energy
• Cool Planet Energy Systems Inc.,
• 3R ENVIRO TECH Group,
• Phoenix Energy,
• Pacific Pyrolysis deliver pyrolysis technology

Order a free sample PDF of the in Biochar Market Intelligence Study, published by Grand View Research.

Who are the main competitors in the Plant-based Meat market?

The global plant-based meat market size is projected to reach USD 24.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.3% from 2022 to 2030. Growing adoption of vegan lifestyle and diet among health-conscious consumers in traditionally meat-eating developed economies are expected to drive the market over the forecast period.

Growing concern of consumers regarding animal welfare and greenhouse gas emission created by the distinguished practices of the meat industry is driving the market. Celebrity endorsements of vegan/vegetarian diets are projected to augment the demand for meat alternatives in the global market. In addition, launch of new products by the manufacturers similar to meat in terms of flavor, texture, color, and taste is increasing product demand.

Plant-based Meat Market Segmentation

Grand View Research has segmented the global plant-based meat market on the basis of source, product, type, end-user, storage, and region:

Based on the Source Insights, the market is segmented into Soy, Pea, Wheat and Others.

• The soy-based meat segment led the market and accounted for more than 48.3% share of the global revenue in 2021.
• Pea-based patties in burgers can be easily substituted in place of chicken, beef, or pork-based patties.
• Various characteristics such as high protein content, resemblance in texture and consistency to meat, easy availability, and quick preparation are some of the key factors that are allowing the pea-based meat products to grow at the highest rate of 20.5% over the forecast period.

Based on the Product Insights, the market is segmented into Burgers, Sausages, Patties, Nuggets, Tenders & Cutlets, Grounds and Others.

• The plant-based burgers segment led the market and accounted for the largest revenue share of 29.2% in 2021.
• Ingredients in these burgers strive to imitate the aroma, flavor, and “bleeding” texture of meat.
• The plant-based sausages are manufactured to mimic the look, texture, sizzle, and satisfaction of conventional pork sausage.

Based on the Type Insights, the market is segmented into Chicken, Pork, Beef, Fish and Others.

• The plant-based chicken segment led the market and accounted for the largest revenue share of 34.1% in 2021.
• In comparison, plant-based chicken products constitute about the same amount of protein while the other nutrients tend to vary on a product-by-product basis.
• Veggie bacon, also known as vegetarian bacon or vacon, is marketed as a plant-based pork product. These products, manufactured from soy and pea protein, are high in fiber and protein, have no cholesterol, and are low in fat.

Based on the End-User Insights, the market is segmented into Retail and Horeca.

• The hotel/Restaurant/Café (HORECA) segment led the plant-based meat market and accounted for the largest revenue share of 58.6% in 2021.
• In April 2019, Amy’s Kitchen Inc., a US-based vegetarian and vegan foods manufacturer announced the opening of a third plant-based and vegan-friendly “Amy’s Drive-Thru” restaurant in Walnut Creek, California.
• The retail segment is expected to witness the highest CAGR over the forecast period owing to changing consumer behavior to order goods online from nearby retail stores. In addition, the growing adoption of online retailing channels among distributors to meet consumer demand is expected to drive the segment.

Based on the Storage Insights, the market is segmented into Refrigerated Plant-based Meat, Frozen Plant-based Meat and Shelf-stable Plant-based Meat.

• The frozen plant-based meat products segment led the market and accounted for a 56.6% share of the global revenue in 2021.
• In addition, frozen plant-based meat products offer a longer shelf life of five to eight months in the freezer. This, in turn, is driving the demand for frozen products among consumers.
• The refrigerated plant-based meat products segment is likely to exhibit the fastest growth and is projected to witness a CAGR of 20.1% in terms of revenue from 2022 to 2030.

Plant-based Meat Regional Outlook

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The market for plant-based meat is characterized by the limited presence of players in the market. Industry players are focusing on research and development activities and on diversifying their portfolio to launch new and innovative alternative meat products, which mimic the taste and texture of exotic meats, including lobster and veal. Major players in the market are characterized by a robust sales channel with restaurants and retail chains worldwide for the distribution of their faux meat products.

Some prominent players in the Global Plant-based Meat market include:

• Beyond Meat
• Impossible Foods Inc.
• Maple Leaf Foods (Field Roast & Maple Leaf)
• Vegetarian Butcher
• Conagra, Inc. (Gardein Protein International)
• Kellogg NA Co. (MorningStar Farms)
• Quorn
• Amy's Kitchen, Inc.
• Tofurky
• Gold&Green Foods Ltd.
• Sunfed
• VBites Foods Limited
• Kraft Foods,Inc.
• Lightlife Foods, Inc
• Trader Joe's
• Yves Veggie Cuisine (The Hain-Celestial Canada, ULC)
• Marlow Foods Ltd. (Cauldron)
• Ojah B.V.
• Moving Mountains
• Eat JUST Inc.
• LikeMeat GmbH
• Gooddot
• OmniFoods
• No Evil Foods
• DR. Praeger’s Sensible Foods

Order a free sample PDF of the in Plant-based Meat Market Intelligence Study, published by Grand View Research.