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Electric Ranges Market Growth & Trends

The global electric ranges market size is anticipated to reach USD 37.59 billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing growth due to rising consumer demand for energy-efficient appliances and heightened awareness of environmental sustainability. Advances in cooking technology, along with the integration of smart home features, are making electric ranges increasingly attractive to urban consumers.

A 2023 Climate Nexus survey indicates a near split in preferences, with 43% of American adults favoring gas stoves and 42% preferring electric. However, there is considerable public concern over gas stove safety and strong support for regulations addressing the risks of methane emissions. This evolving sentiment is likely to drive consumers toward electric ranges as they seek safer, more sustainable cooking options.

The market is governed by several key regulations aimed at ensuring safety, accessibility, and energy efficiency. UL 858 sets standards for maximum surface temperatures of ovens, handles, and knobs to prevent burns and fires. The ADA/ANSI and UFAS regulations mandate that controls must be reachable and operable with one hand, enhancing accessibility for all users.

Additionally, electric ranges must comply with electrical requirements that necessitate a dedicated circuit, typically a 50-amp, 240-volt setup. The Inflation Reduction Act provides funding for state-level rebates on electric appliance purchases, encouraging consumers to upgrade to energy-efficient models.

A 2022 report by Consumer Reports highlights that electric ranges typically outshine gas models in key cooking performance areas, such as high and low heat, with nearly half of electric smooth top ranges earning excellent ratings-none for gas. While gas ranges excel in baking, electric models take the lead in broiling, with over half receiving very good ratings. This performance disparity, alongside growing concerns about health risks and environmental issues related to gas stoves, such as methane emissions, is driving a consumer shift toward electric ranges. As awareness of these concerns increases, the electric ranges industry is poised for substantial growth.

The Asia Pacific electric ranges market is projected to grow at a CAGR of 8.2% from 2024 to 2030, fueled by rapid urbanization and increasing disposable incomes in key countries like India and China. As more households gain access to electricity and modern cooking appliances, the demand for electric ranges continues to rise. Furthermore, a heightened awareness of energy efficiency and environmental issues is encouraging consumers in these regions to transition from traditional cooking methods to electric options, enhancing the appeal of electric ranges in the market.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/electric-ranges-market-report

Electric Ranges Market Report Highlights

• Based on product, freestanding electric ranges accounted for the largest revenue share of 62.10% in 2023 due to their versatility, ease of installation, and cost-effectiveness. These appliances are favored by homeowners for their convenience, as they can be placed anywhere in the kitchen without the need for built-in cabinetry. Additionally, their wide array of features, including self-cleaning options and multiple cooking modes, enhances their appeal and solidifies their position as the largest segment in the market
• Based on application, the demand for electric ranges in commercial applications is projected to grow at a CAGR of 8.1% from 2024 to 2030, fueled by the hospitality and restaurant sectors' increasing shift toward energy-efficient and environmentally friendly cooking solutions. As establishments aim to comply with strict emissions and energy regulations, many are moving from gas to electric ranges, which provide precise temperature control and quicker cooking times
• Based on the distribution channel, mass retailer-driven sales represented over 47% of the global market. These retailers are propelling sales by leveraging economies of scale, vast distribution networks, and competitive pricing strategies. By providing a diverse range of products from multiple brands at attractive prices, they appeal to a wide customer base looking for value and convenience
• In 2023, the electric ranges market in North America captured a 37.11% share of global market revenue, fueled by a strong preference for energy-efficient appliances and cutting-edge cooking technologies. The rising popularity of induction cooking, known for its speed and energy efficiency, has significantly heightened consumer interest in electric ranges equipped with this feature. Moreover, local manufacturers like Whirlpool and GE have made substantial investments in smart appliance capabilities, such as Wi-Fi connectivity and voice control, catering to the demands of tech-savvy consumers
• In January 2023, Sharp Home Electronics showcased new 30" slide-in electric ranges and smart combi appliances at the 2023 Kitchen & Bath Industry Show (KBIS) in Las Vegas. The lineup includes electric and gas convection ranges with features like Air Fry, Pizza modes, and temperature probes. Sharp also introduced smart convection wall ovens and radiant rangetops with integrated Microwave Drawer Ovens, compatible with Alexa. These appliances emphasize convenience, versatility, and premium design

Electric Ranges Market Segmentation

Grand View Research has segmented the global electric ranges market on the basis of product, application, distribution channel, and region:

Electric Ranges Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Freestanding Electric Ranges
• Slide-in Electric Ranges
• Drop-in Electric Ranges

Electric Ranges Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Residential
• Commercial

Electric Ranges Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)

• Mass Retailers
• Electronic & Appliance Stores
• Online/E-Commerce
• Others

Electric Ranges Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

List of Key Players in the Electric Ranges Market

• Whirlpool Corporation
• Samsung Electronics Co. Ltd.
• LG Electronics Inc.
• General Electric (GE Appliances)
• Bosch (BSH Hausgeräte GmbH)
• Frigidaire
• Haier Group Corporation
• Miele & Cie. KG
• Brown Stove Works, INC.
• Rangaire

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/electric-ranges-market-report  

Wheat Market Growth & Trends

The global wheat market size has been estimated to reach USD 270.88 billion by 2030 and is anticipated to expand at a CAGR of 4.28% from 2024 to 2030, according to a new report by Grand View Research, Inc. A rapid shift in dietary preferences and fast-evolving consumption habits are playing a pivotal role in the rising demand for organic food products, thereby intensifying the global requirement for wheat. Additionally, the increasing popularity of processed and convenient foods is fueling the demand for wheat-based products, leading to a surge in global wheat production.

Conventional wheat accounted for a dominant market revenue share in 2023. The production of this type of wheat depends on the use of synthetic fertilizers and pesticides to achieve higher yields, effectively meeting the growing global wheat demand. Furthermore, the established supply chain present in conventional wheat farming ensures efficient distribution and widespread market access for wheat products.

The B2B segment held a dominant market share in 2023. This sector holds significance, particularly in facilitating transactions related to the production of food and beverage items. Within this space, the food and beverages industry is playing a pivotal role in driving growth, given that wheat serves as a fundamental ingredient for a variety of food products, including pasta, bread, pastries, and breakfast cereals. Food processing facilities, such as bakeries, actively participate in B2B relationships to ensure a reliable and high-quality supply of essential ingredients.

Asia Pacific accounted for the largest share of the global market. The animal husbandry sector in the region is one of the key contributors, as it extensively utilizes wheat as a crucial ingredient in livestock feed. It serves as a valuable energy source for poultry, cattle, and swine. Livestock farmers and feed producers rely on wheat to formulate well-balanced and nutritious animal feed. The Asia-Pacific region, boasting a flourishing poultry and dairy industry, is experiencing market growth driven by an increasing demand for wheat in poultry feeds.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/wheat-market-report

Wheat Market Report Highlights

• Asia Pacific is expected to advance at the highest CAGR from 2024 to 2030. Regional governments actively promote wheat production by implementing agricultural policies, providing subsidies, and launching various initiatives. Additionally, regional economies have embraced modern farming practices and technologies to augment the productivity of wheat cultivation
• The organic wheat segment is estimated to expand with substantial CAGR over the forecast period. This segment is experiencing rapid growth owing to increasing consumer health concerns and a growing awareness regarding organically produced food crops
• The B2B segment is expected to progress with a higher CAGR over the forecast period. Within this segment, wheat finds diverse industrial applications, playing a role in biofuel production, as well as for producing industrial starch for processes and pharmaceuticals. Companies engaged in this sector rely on B2B transactions to secure wheat supply that is tailored for these specific applications

Wheat Market Segmentation

Grand View Research has segmented the global wheat market on the basis of nature, end-user, and region:

Wheat Nature Outlook (Revenue, USD Million, 2018 - 2030)

• Conventional
• Organic

Wheat End-user Outlook (Revenue, USD Million, 2018 - 2030)

• B2B
• B2C

Wheat Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

List of Key Players in the Wheat Market

• China National Cereals,Oils and Foodstuffs Corporation (COFCO)
• Archer-Daniels-Midland (ADM)
• Cargill, Inc.
• CHS Inc.
• Bunge
• Glencore
• Louis Dreyfus Company
• Ardent Mills
• The Scoular Company
• Munsa
• Nisshin Seifun Group Inc.
• SENSAKO
• The Soufflet Group
• Adani Wilmar
• Adecoagro

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/wheat-market-report

Soup Market Growth & Trends

The global soup market size is expected to reach USD 26.21 billion by 2030, registering a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for processed, ready to eat, and packed food and increasing women workforce are expected to increase the market demand in the upcoming years. In addition, increase in disposable income and changing consumer lifestyle in emerging economies including China and India are anticipated to increase the demand for soups.

Consumption of canned and dried soup products is increasing in North America and Europe, on account of continuous product innovation as per customer behavior and preferences. In addition, growing economic independence among women is increasing the consumption of packed and processed food products in the developed countries.

Soup being a healthy source of vitamins, minerals, nutrition, and protein serves as a prominent replacement for home cooked food. Therefore, this evolution in the working population is anticipated to significantly influence the demand for soup in future. Demand for soups in restaurants, food outlets, and food joints is expected to acquire a small market share due to growing consumer preference for ready to eat products and rising inclination towards healthy food habits.

Continuous use of cornstarch and salt in canned and dried soup products is expected to act as a restraining factor in the global market. High consumption of corn starch can lead to several health issues like increased level of blood sugar and blood pressure. However, continuous product development by companies such as Campbell Soup Company, which provides new flavors like roasted red pepper and tomato, butternut squash and sweet potato, and harvest carrot and ginger, is expected to influence the buying behavior of the younger population across the globe. The market leaders are focusing on developing new flavors and products in order to make their style statement in the market.

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Soup Market Report Highlights

• By product, The UHT (ultra-high temperature) segment is expected to register the fastest CAGR during the forecast period. The growth of UHT soups is driven by long-shelf-life ingredients that don’t require refrigeration, making them ideal for busy lifestyles and reducing meal waste.
• The dried segment accounted for the largest market revenue share of 59.5% in 2023. The Growing demand for convenient and prepared-to-eat food alternatives, specifically in busy city populations, offers a significant opportunity for producers to innovate and expand their product services.
• The supermarkets/hypermarkets segment dominated the market in 2023. Supermarkets/hypermarkets offer various soup varieties from different brands and nutritional needs, providing consumers with vast choices and convenient shopping in the same place.
• The Europe region dominated the market with a revenue share of 38.9% in 2023. The climate in Europe also plays a role in the growth of the soup market.

Soup Market Segmentation

Grand View Research has segmented the global soup market on the basis of on product, distribution channel, and region:

Soup Product Outlook (Revenue, USD Million, 2018 - 2030)

• Canned
• Dried
• UHT
• Others

Soup Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Supermarkets/Hypermarkets
• Convenience Stores
• Online
• Others

Soup Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

List of Key Players in the Soup Market

• Associated British Foods plc
• Baxters Food Group Limited
• Campbell Soup Company
• Conagra Brands, Inc.
• General Mills, Inc.
• Hindustan Unilever Limited
• Nestlé S.A
• Ottogi Co., Ltd
• Premier Foods Group Limited
• The Kraft Heinz Company

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/soup-market

Opioids Market Growth & Trends

The global opioid market size is expected to reach USD 25.3 billion by 2030, registering a CAGR of 1.4% during the forecast period, according to a new report by Grand View Research, Inc. Supportive regulatory policies aid manufacturers to introduce products that may contribute to the market growth. For instance, in June 2021, the U.S. FDA approved nalmefene hydrochloride injection developed by Purdue Pharma L.P.Nalmefene injectable is an opioid antagonist designed to reverse opioid overdose. The expected approval of a product is anticipated to drive the growth. 

Moreover, in June 2021, morphine sulfate tablets and morphine sulfate oral solution were approved by FDA for the management of severe pain in pediatric and adult patients for whom other treatment options were less. Thus, approval of new opioid and their launch is also expected to drive the growth. 

Growing use of the opioids for the management of post-operative pain, caused due to the surgeries, is expected to drive the market growth. According to the Canadian Centre on Substance Use and Addiction, in 2020, approximately 11.8% of all the population used opioid analgesics for the management of symptoms. Tramadol and codeine are frequently dispensed for the postoperative opioid prescription in surgeries within the region. 

Emergence of non-addictive alternative products to opioids for the pain-management leads to decline in the growth of opioid market. According to American Society of Anesthesiologists, there are several non-opioid medicines that are available over the counter steroids and NSAIDs such as aspirin, ibuprofen, and acetaminophen among others. Furthermore, wide availability and low cost associated with these drugs contribute to increase in demand for such products during the forecast period. For instance, aspirin cost USD 10 for a pack of 30 tablets. 

In addition, in February 2022, the U.S. FDA has undertaken an initiative to encourage the development of non-addictive analgesics alternatives to opioids under its HHS overdose prevention strategy for the management of acute and chronic pain. The regulatory agency issued recommendation to pharmaceutical companies to develop non-opioid analgesic products. Such initiatives may restrain the overall growth of the opioids market. 

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/opioids-market

Opioids Market Report Highlights

• By product, ER/long acting opioids segment held the largest market share in 2022 due to the increasing approval and launch of the novel ER/ long-acting opioids. For instance, in June 2021, the U.S. FDA accepted a review application for a new drug application for buprenorphine (Brixadi) for the pain management. Buprenorphine is an extended release long-acting opioid drug
• By application, pain relief segment dominated the opioids market in 2022 and is expected to witness significant market growth owing to increasing prevalence of the patients with chronic pain. According to the Canadian Institute for Health Information and Canadian Pain Task Force report of 2021, 1 in every 5 adults in Canada suffers from chronic pain
• By route of administration, injectable segment dominated the opioids market in 2022. This dominance can be attributed to wide availability of products used for the treatment of chronic pain and increased procedures requiring anesthesia
• By distribution channel, retail pharmacy dominated the opioids market in 2022. The availability of retail pharmacies with high dispensing rate of opioid driving segment growth
• Asia pacific is expected to be the fastest growing region during the forecast period. The growth of the region can be attributed to increasing geriatric population which are susceptible to the chronic pain. 

Opioids Market Segmentation

Grand View Research has segmented the global opioid market based on product, application, route of administration, distribution channel, and region:

Opioids Product Outlook (Revenue, USD Million, 2018 - 2030)

• IR/Short Acting Opioids
• ER/Long-Acting Opioids

Opioids Application Outlook (Revenue, USD Million, 2018 - 2030)

• Pain relief
• Anesthesia
• Cough suppression
• Diarrhea suppression
• De-addiction

Opioids Route of administration Outlook (Revenue, USD Million, 2018 - 2030)

• Oral
• Injectable
• Others

Opioids Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital pharmacy
• Retail Pharmacy
• Others

Opioids Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

List of Key Players in the Opioids Market

• Purdue Pharma L.P.
• Johnson & Johnson Services, Inc.
• Hikma Pharmaceuticals PLC
• Pfizer, Inc.
• AbbVie Inc.
• Sanofi
• Sun Pharmaceutical Industries Ltd
• Grünenthal

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/opioids-market

Clear Whey Protein Market Growth & Trends

The global clear whey protein market size is estimated to reach USD 4.25 billion in 2030, exhibiting a CAGR of 6.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Clear whey protein has gained popularity due to its unique characteristics that set it apart from traditional whey protein powders. Unlike milky protein powders, clear whey protein offers a refreshing and transparent alternative that appeals to consumers seeking lighter and more easily digestible options. This innovation in product formulation has been a significant driver in expanding the market's appeal across various consumer demographics.

The growing awareness and emphasis on health and fitness among consumers worldwide is expected to further drive the adoption of clear whey protein during the forecast period. With an increasing number of individuals adopting active lifestyles and prioritizing wellness, protein supplements have become essential for supporting muscle recovery, enhancing performance, and meeting dietary goals. Clear whey protein, with its high protein content and minimal calories, aligns well with these health-conscious trends, offering a convenient solution for consumers aiming to maintain or improve their fitness levels.

The rise of e-commerce and online retail has significantly influenced the distribution and accessibility of clear whey protein products. Consumers can now easily compare products, read reviews, and make informed purchasing decisions from the comfort of their homes. Furthermore, in the United States and Canada, a strong culture of fitness and wellness drives demand for high-quality protein supplements like clear whey protein. Consumers in these markets are often early adopters of new health trends and innovations, which is further expected to augment the market during the forecast period.

Major players in the market include Optimum Nutrition; MuscleTech; BSN (Bio-Engineered Supplements and Nutrition); Dymatize Nutrition; Myprotein; Cellucor; MusclePharm; Universal Nutrition; BPI Sports; and Evlution Nutrition. Manufacturers within the market are actively engaged in continuous product innovation and development to meet consumer demands and preferences. This includes introducing new flavors, enhancing taste profiles, improving solubility, and incorporating natural ingredients. By catering to diverse consumer tastes and preferences, manufacturers not only expand their product offerings but also enhance the overall sensory experience of consuming clear whey protein, thereby further driving market growth.

Myprotein, a leading sports nutrition brand, has successfully capitalized on the growth of the sports nutrition market by launching its Clear Whey Isolate in various flavors. The product has been well-received due to its high protein content, light texture, and appealing taste. Myprotein's strategic marketing efforts, including collaborations with fitness influencers and targeted advertising campaigns, have further boosted the product's popularity. Thereby further driving the market growth during the forecast period.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/clear-whey-protein-market-report

Clear Whey Protein Market Report Highlights

• Asia Pacific is expected to grow with a CAGR of 8.0% over the forecast period from 2024 to 2030. The adoption of Western dietary habits and fitness trends in Asia Pacific countries fuels the demand for protein supplements among urban millennials and young professionals seeking to maintain active lifestyles.
• Flavored clear whey protein is expected to grow with a CAGR of 7.2% from 2024 to 2030. The consumer preference for taste and variety is expected to contribute to the popularity and adoption of flavored clear whey protein over unflavored clear whey protein.
• Sales through specialty stores such as fitness stores and nutrition/supplement shops is expected to grow at a CAGR of 6.9% from 2024 to 2030. Specialty stores typically offer a wider range of whey protein products compared to other offline retail channels. They stock various brands, formulations, flavors, and sizes, providing consumers with a broad selection to choose from.

Clear Whey Protein Market Segmentation

Grand View Research has segmented the global clear whey protein market based on product, distribution channel, and region:

Clear Whey Protein Product Outlook (Revenue, USD Million, 2018 - 2030)

• Flavored
• Unflavored

Clear Whey Protein Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hypermarkets & Supermarkets
• Pharmaceuticals & Drugstores
• Specialty Stores
• Online
• Others

Clear Whey Protein Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

List of Key Players in the Clear Whey Protein Market

• Optimum Nutrition
• MuscleTech
• BSN (Bio-Engineered Supplements and Nutrition)
• Dymatize Nutrition
• Myprotein
• Cellucor
• MusclePharm
• Universal Nutrition
• BPI Sports
• Evlution Nutrition

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/clear-whey-protein-market-report

Commercial Cleaning Products Market Growth & Trends

The global commercial cleaning products market size is expected to reach USD 202.32 billion by 2030, growing at a CAGR of 7.91% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rapid and increasing urbanization across developing economies is a prominent factor leading to a positive market scenario for commercial cleaning products. In line with this, growing investments by countries in constructing office buildings, hotels, retail stores, malls, hospitals, and other commercial infrastructure will result in the subsequent demand for various types of cleaning products.

Moreover, a large variety of surface tops are being introduced, including natural stones, solid surfaces, engineered stones, concrete, ceramic tiles, laminates, wood, and glass, and these are gaining popularity across sectors. Different surface materials require different cleaning solutions. This scenario is expected to result in the growing adoption of different surface cleaners over the forecast period.

In addition, during the forecast years, cleaning products that act as disinfectants and sanitizers are likely to see a significant increase in demand from well-publicized epidemics, such as the Ebola virus, swine flu, and most recently the Zika virus, which can spread more rapidly across the world. Consequently, healthcare facilities, hotels, tourist destinations, offices, and educational institutions are witnessing rising applications of these products.

Furthermore, there has been a paradigm shift in terms of economic growth from the West to potential emerging markets in the past decade. This has substantially increased the growth of new businesses across the globe. Regions with prominent developing countries, such as Asia Pacific, have seen decent economic growth owing to improved infrastructure and lighter regulations.

Asia Pacific is one of the key markets. The highly populated region witnesses a significant demand for household and commercial cleaning products. China leads regional production, followed by Japan and India. Environmental concerns related to the use of harmful chemicals have led consumers in these economies to shift toward natural cleaning alternatives. Consequently, local manufacturers are responding to this trend by introducing eco-friendly products.

One key opportunity lies in emerging markets in Asia Pacific, such as India, China, Indonesia, and Thailand, where rapid urbanization and rising disposable income is creating a promising demand for cleaning products. As more people in these regions gain access to modern facilities and services, the need for hygiene products expands. In addition, the ongoing focus on health and wellness provides an opportunity for companies to develop specialized cleaning and hygiene products targeting markets such as healthcare and food service.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/commercial-cleaning-products-market-report

Commercial Cleaning Products Market Report Highlights

• Based on application, cleaning tools and paper products for commercial purposes dominated the market due to surge in demand for high-quality cleaning tools and disposable paper products such as paper towels and sanitary wipes
• Building service contractors/facility management held a largest market share due to growing emphasis on maintaining aesthetic appeal and operational efficiency in commercial and residential buildings contributes to the demand for comprehensive building care solutions
• The Asia Pacific commercial cleaning products market held the largest revenue share and is expected to retain its dominance over the forecast period. Various large organizations are investing heavily in such lucrative regions and setting up new offices and plants in emerging markets such as China, India, and Singapore

Commercial Cleaning Products Market Segmentation

Grand View Research has segmented the global commercial cleaning products market on the basis of application, end-use, and region:

Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Cleaning Tools and Paper Products
• Personal Care
• Infection Prevention Products
• Floor Care
• Building Care
• Floor Care Machines
• Kitchen Care
• Fabric Care

End-use Channel Outlook (Revenue, USD Billion, 2018 - 2030)

• Healthcare
• Food Service
• Hotels & Hospitality
• Building Service Contractors/Facility Management
• Retail
• Educational Institutions
• Transportation and Travel
• Commercial Laundry
• Cruise
• Others

Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players of the Commercial Cleaning Products Market

• Diversey, Inc.
• Ecolab Inc.
• 3M
• The Clorox Company
• SC Johnson
• Medline Industries, Inc.
• The Procter & Gamble Company
• Unilever Plc
• Betco
• Lonza Group AG

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/commercial-cleaning-products-market-report

Nail Treatment Products Market Growth & Trends

The global nail treatment products market size is expected to reach USD 5.13 billion by 2030, growing a CAGR of 7.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing beauty consciousness and personal grooming trends significantly drive the market growth by elevating the importance of nail care in overall beauty routines. As individuals become more image-conscious and invest in their appearance, well-maintained nails are increasingly seen as a key component.

Social media platforms and beauty influencers have amplified this trend, showcasing a wide variety of nail styles and promoting nail care as an essential part of self-care. This increased focus has led to a demand for a diverse range of nail treatment products, from basic care items like strengtheners and cuticle oils to more specialized treatments addressing specific nail concerns. Consumers are now more willing to invest in high-quality nail care products and treatments, both for at-home use and professional services, driving innovation in the market.

Technological advancements in nail care formulations are a significant driver of the market growth, fueling innovation and meeting evolving consumer demands. These advancements have led to the development of more effective, long-lasting, and user-friendly products. Innovations in ingredient technology have produced formulations that can better penetrate the nail plate, delivering nutrients and strengthening compounds more efficiently. Nano-technology is being utilized to create smoother, more even application of products and to enhance their protective properties. These technological improvements not only address specific nail concerns more effectively but also attract consumers with promises of professional-grade results at home, likely favoring the growth of the market.

Moreover, the demand for nail strengtheners among consumers is primarily driven by the desire for healthier, stronger nails. Factors such as frequent exposure to harsh chemicals, regular use of nail polish, and everyday activities that can weaken nails prompt individuals to seek products that can repair and fortify nail structure. Additionally, trends in nail care emphasize the aesthetic appeal of well-maintained nails, motivating consumers to invest in strengtheners to achieve a polished and long-lasting manicure. The efficacy of these products in addressing common nail issues like brittleness and splitting further contributes to popularity, as consumers increasingly prioritize overall nail health and appearance in beauty routines.

Salons and spas require high-quality products that deliver effective results to maintain reputation and meet client expectations. Advanced formulations like long-lasting gel polishes, nail strengtheners, and specialized treatments cater to diverse client needs, from basic nail care to intricate nail art. Additionally, the professional nail industry values product reliability and innovation, with salon professionals often seeking new solutions that enhance service offerings and differentiate business. Moreover, the influence of social media and celebrity trends continually inspires clients to explore new nail styles and treatments, further boosting demand for innovative and versatile nail treatment products in professional settings.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/nail-treatment-products-market-report

Nail Treatment Products Market Report Highlights

• The demand for cuticle care products is expected to witness significant growth over the forecast period. The demand for cuticle care products is driven by increasing awareness of overall nail health and hygiene practices. Consumers seek products that nourish and protect cuticles, preventing dryness, hangnails, and infections, thereby promoting healthier and more attractive nails.
• Professional end use dominated the nail treatment market in 2023. The demand for nail treatment products in professional end use is driven by the need for high-performance solutions that ensure durable and aesthetically pleasing results for salon clients. Professionals seek advanced formulations and innovative techniques that not only address common nail concerns like strength and longevity but also align with evolving trends in nail art and personal grooming preferences.
• Online/E-commerce channel is expected to witness substantial growth over the forecast period. The availability of detailed product descriptions, customer reviews, and virtual try-on tools enhances consumer confidence and facilitates informed decision-making, contributing to the growth of online/e-commerce sales in the market for nail treatment products.
• Europe is expected to grow at a significant growth rate over the forecast period. In Europe, the demand for nail treatment products is driven by a strong emphasis on personal grooming and fashion trends. Consumers prioritize products that offer both aesthetic appeal and effective nail care, contributing to a robust market for a wide range of treatments including nail strengtheners, gel polishes, and specialized nail treatment products.

Nail Treatment Products Market Segmentation

Grand View Research has segmented the global nail treatment products market based on product, end-use, distribution channel, and region:

Nail Treatment Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Nail Strengtheners
• Base Coats
• Top Coats
• Cuticle Care
• Anti-Fungal Products
• Others

Nail Treatment End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Household
• Professional

Nail Treatment Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)

• Supermarkets & Hypermarkets
• Pharmacy & Drug Stores
• Specialty Beauty Stores
• Salons & Spas
• Online/E-commerce
• Others

Nail Treatment Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Nail Treatment Products Market

• Deborah Lippmann
• Coty Inc.
• Revlon Consumer Products LLC
• L'Oréal S.A.
• Orly International, Inc.
• Barielle
• Nailtek.com, Inc.
• Seche.com, Inc.
• Astral Brands, Inc. (butter LONDON)
• China Glaze International, Inc.

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/nail-treatment-products-market-report

Niacinamide Beauty Products Market Growth & Trends

The global niacinamide beauty products market size is expected to reach USD 846.5 million by 2030, growing at a CAGR of 6.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market has seen substantial growth, driven by evolving consumer trends, increased product adoption, and continuous innovation. Consumers are increasingly aware of the multifunctional benefits of niacinamide, including its anti-aging, anti-inflammatory, and skin-brightening properties. The rise in consumer awareness has been fueled by both scientific research and the widespread sharing of positive experiences on social media platforms.

Niacinamide’s anti-aging benefits are largely due to its ability to increase intracellular NAD and NADP, which function as antioxidants. These antioxidants play a critical role in increasing collagen production and preventing protein glycation, which in turn helps maintain skin elasticity and reduce the appearance of wrinkles and fine lines.

According to an article published in Practical Dermatology in May 2022, clinical studies, such as a double-blind, placebo-controlled trial, have demonstrated the efficacy of niacinamide in improving skin texture, reducing hyperpigmented spots, and diminishing red blotchiness and sallowness. These findings have significantly bolstered consumer trust and adoption of niacinamide-containing products.

Innovation within the niacinamide product segment has been marked by the introduction of higher-concentration formulations and hybrid products that combine niacinamide with other potent ingredients. For instance, as per the same source mentioned above, products featuring 10% or even 20% niacinamide have been developed to target more severe skin issues, while combinations with retinoids, hyaluronic acid, and other actives offer comprehensive skin benefits. This trend towards high-performance and multi-functional skincare has been a significant driver of market growth.

In April 2024, Eight Saints introduced the Original Cin Niacinamide 10% Face Serum, featuring a high concentration of niacinamide to effectively reduce dark spots and redness through anti-inflammatory properties. The serum also includes hyaluronic acid for enhanced hydration and minimizes fine lines and wrinkles. Suitable for all skin types and both morning and evening use, this formula promotes keratin production, strengthens the skin’s lipid barrier to retain moisture, and boosts collagen production, contributing to a smoother and more even complexion.

Product adoption has also been influenced by the formulation of niacinamide in various product types, including serums, emulsions, and moisturizers, catering to diverse consumer preferences. Serums, in particular, have gained popularity for their high concentration and quick absorption, making them ideal for targeting specific skin concerns effectively. Emulsions and creams with lower concentrations are favored for their gentle, hydrating properties, suitable for sensitive skin and beginners.

Regionally, the niacinamide beauty products market has strong footholds in North America, the U.S., Asia Pacific, and Europe. In North America, high consumer awareness and demand for innovative skincare solutions drive the market. The U.S. specifically shows robust demand, with consumers prioritizing advanced, multi-functional skincare products.

Asia Pacific, led by South Korea and Japan, is at the forefront of skincare innovations, heavily influencing global trends. In Europe, the market is characterized by a preference for high-quality, natural, and effective skincare ingredients, with stringent regulatory standards ensuring product efficacy and safety.

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Niacinamide Beauty Products Market Report Highlights

• Emulsions deliver niacinamide effectively without the heaviness of creams, providing hydration, reducing redness, and improving skin texture. Their ability to combine water and oil phases ensures better penetration and absorption of niacinamide, enhancing its effectiveness. Emulsions are particularly favored in skincare routines that emphasize layering and hydration without overloading the skin.
• Consumers prefer niacinamide concentrations of 2% and 5% in combination with sunscreen for effectively reducing facial hyperpigmentation. This combination not only addresses pigmentation concerns but also promotes a more even skin tone, making it a favored choice in skincare routines for those seeking to enhance the efficacy of their sun protection while targeting uneven skin texture and dark spots.
• There has been a noticeable increase in male consumers integrating niacinamide into their skincare routines. Men are attracted to niacinamide for its oil-regulating and anti-inflammatory benefits, which align with common male skincare concerns such as acne and oily skin.
• Sales channels have played a crucial role in the distribution and accessibility of niacinamide products. The online channel, in particular, has seen significant growth, offering consumers a wide range of products, detailed reviews, and competitive pricing. The convenience of online shopping, further accelerated by the COVID-19 pandemic, has made it the preferred choice for many consumers.

Niacinamide Beauty Products Market Segmentation

Grand View Research has segmented the global niacinamide beauty products market based on the product, concentration, end-use, distribution channel, and region:

Niacinamide Beauty Product Outlook (Revenue, USD Million, 2018 - 2030)

• Serums
• Creams
• Emulsions
• Face/Body Wash
• Others

Niacinamide Beauty Products Concentration Outlook (Revenue, USD Million, 2018 - 2030)

• Below 5%
• 5% to 10%
• 10% to 15%
• Above 15%

Niacinamide Beauty Products End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Women
• Men

Niacinamide Beauty Products Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Supermarkets/Hypermarkets
• Online
• Specialty Stores
• Drugstores/Pharmacies
• Others

Niacinamide Beauty Products Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Central & South America (CSA)
• Middle East & Africa (MEA)

List of Key Players of the Niacinamide Beauty Products Market

• L’Oreal S.A
• Unilever
• Beiersdorf
• The Estee Lauder Companies
• Minimalist
• Kao Corporation
• AMOREPACIFIC US, INC.
• Shiseido
• SkinCeuticals
• Johnson & Johnson

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Metal Shim Market Growth & Trends

The global metal shim market size is expected to reach USD 232.9 million by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 4.3% over forecast period. Growth in construction, automotive, and aerospace industries are the major growth drivers for the market, where metal shim finds application in alignment and adjustment of critical components.

Based on material, the market is segmented into aluminum, stainless steel, copper, brass, plastic, and others. The usage of copper for developing metal shims is experiencing notable growth worldwide owing to its unique properties that cater to a wide range of industrial applications. Copper is renowned for its excellent electrical and thermal conductivity, as well as corrosion resistance that make it a popular material for developing shims used in industries wherein these properties are critical.

Based on product, the shim stock/sheet segment accounted for the largest revenue share, in 2023 of the global market. Shim stocks act as cost-effective solutions for adjusting gaps, compensating for wear or tolerances, and ensuring proper alignment of components of different types of machinery, equipment, and structural assemblies. Their ability to accommodate fine increments of adjustment helps optimize operational performance, reduce vibration, and extend the service life of critical components in industries such as automotive, aerospace, and construction.

Based on application, the demand for shims in aerospace and defense is driven by advancing aerospace technology, such as the development of next-generation aircraft and spacecraft platforms. These platforms require highly sophisticated engineering solutions to support advanced propulsion systems, avionics integration, and mission-critical functionalities.

Asia Pacific held the largest revenue share of the overall market in 2023 owing to substantial investments in renewable energy and electric vehicle infrastructure, advancements in battery manufacturing technologies, and supportive government policies promoting clean energy. The region's significant demand for consumer electronics and the presence of major battery manufacturers have also contributed to this dominant market position.

The global metal shim market is characterized as considerably competitive due to the presence of regional and multinational players that compete to increase their market share. The key players in the market are investing in product innovations. They are also enhancing their manufacturing capabilities through expansion.

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Metal Shim Market Report Highlights

• Based on material, aluminum is expected to register a CAGR of 4.8% over the forecast period. The growth is attributed to growing demand for development of thin yet sturdy shims
• Based on product, aluminum is expected to register a CAGR of 4.8% over the forecast period. The growth is attributed to growing demand for development of thin yet sturdy shims
• Based on application, automotive held a share of around 26% in 2023 of the global market. Growth in vehicle production is boosting segment growth
• Europe held a share of nearly 25% in 2023 of the global market. Rising investments towards renewable energy plants in the region is propelling market growth

Metal Shim Market Segmentation

Grand View Research has segmented the global metal shim market on the basis of material, product, application, and region.

Metal Shim Material Outlook (Revenue, USD Million, 2018 - 2030)

• Aluminum
• Stainless Steel
• Brass
• Copper
• Plastic
• Others

Metal Shim Product Outlook (Revenue, USD Million, 2018 - 2030)

• Slotted Shims
• Shim Stock/Sheet
• Arbor Shim
• Custom Shim
• Others

Metal Shim Application Outlook (Revenue, USD Million, 2018 - 2030)

• Automotive
• Aerospace & Defense
• Manufacturing & Industrial Manufacturing
• Construction
• Others

Metal Shim Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Some of the Key Players in the Metal Shim Market

• AccuTrex Products, Inc
• Aloma Shim and Manufacturing Company
• American Metals Corporation (RELIANCE, INC.)
• Georg Martin GmbH
• Houston Manufacturing Specialty Co., Inc.
• Huyett
• Mercer Gasket & Shim
• MW Industries, Inc.
• Northern Industrial Mfg.
• Precision Micro
• Queensland Gaskets
• SPIROL
• Starrett
• Stephens Gaskets Ltd
• Superior Washer & Gasket Corp.
• The ShimShack
• Trinity Brand Industries

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Calcium-fortified Food Market Growth & Trends

The global calcium-fortified food market size is expected to reach USD 4.87 billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising health awareness among consumers. With increasing information about nutrition and the role of various nutrients in maintaining health, consumers are becoming more proactive in managing their diets. Calcium is essential for bone health, muscle function, nerve signaling, and cardiovascular health. Awareness campaigns by health organizations and educational initiatives have underscored the importance of adequate calcium intake, particularly in preventing osteoporosis and other bone-related conditions.

The prevalence of osteoporosis and other bone disorders is increasing globally, further driving the demand for calcium-fortified foods. Osteoporosis is often referred to as a "silent disease" because it progresses without symptoms until a fracture occurs. Prevention and management of osteoporosis require adequate calcium intake throughout life. As the incidence of osteoporosis rises, both among older adults and in younger populations, and due to factors like sedentary lifestyles and poor dietary habits, the market for calcium-fortified foods is expanding.

Governments and health organizations around the world have recognized the importance of calcium in public health. In many countries, there are guidelines and recommendations for calcium intake, along with initiatives to address calcium deficiencies in the population. Some governments have implemented policies to encourage the fortification of staple foods with essential nutrients, including calcium. These regulatory frameworks and public health campaigns play a crucial role in boosting the demand for calcium-fortified foods, as they raise awareness and promote the consumption of these products.

The demand for dairy and dairy alternatives in the calcium-fortified food market is increasing due to growing awareness of bone health, dietary shifts towards plant-based options, technological advancements in fortification, regulatory support for nutrient enrichment, rising incidence of osteoporosis, consumer preference for functional foods, and innovations catering to diverse dietary needs.

The food industry continues to innovate with new product formulations and marketing strategies to meet evolving consumer preferences for functional and nutritious foods. Calcium-fortified products are available in various forms, including beverages, dairy alternatives, baked goods, and supplements, catering to different taste preferences and dietary needs.

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Calcium-fortified Food Market Rreport Highighlights

• Conventional calcium-fortified food dominated the market due to growing health awareness and the increasing prevalence of calcium deficiencies.
• Dairy & dairy alternatives product held a largest market share due to rising awareness of bone health and calcium's role in preventing osteoporosisand dairy alternatives held the largest market share due to rising awareness of bone health and calcium's role in preventing osteoporosis, which has led consumers to seek out fortified dairy products and alternatives.
• The North America calcium-fortified food market held the largest revenue share and is expected to retain its dominance over the forecast period. The rising health consciousness, a growing elderly population concerned with bone health, and dietary trends favoring fortified products.

Calcium-fortified Food Market Segmentation

For the purpose of this report, Grand View Research has segmented the globalcalcium-fortified food market on the basis ofbased on nature, product, distribution channel, and region:

Calcium-fortified Food Nature Outlook (USD Million,; 2018 - 2030­)

• Organic
• Conventional

Calcium-fortified Food Product Outlook (USD Million,; 2018 - 2030­)

• Bakery & Snacks Products
• Dairy & Dairy Alternatives
• Breakfast & Cereals Bars
• Baby Food & Infant Formula
• Others

Calcium-fortified Food Distribution Channel Outlook (USD Million,; 2018 - 2030­)

• Hypermarkets & Supermarkets
• Convenience Stores
• Specialty Stores
• Online
• Others

Calcium-fortified Food Regional Outlook (Revenue, USD Million,; 2018 - 2030­)

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

List of Key Players of the Calcium-fortified Food Market

• Danone
• General Mills Inc.
• Arla Foods amba
• Nestlé S.A.
• Lucerne Foods
• Kellogg's
• Clif Bar & Company
• Abbott Laboratories
• Hain Celestial Group
• Reckitt

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