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Mushroom Extracts Market Growth & Trends

The global mushroom extracts market is anticipated to reach USD 23.27 billion by 2030 and is anticipated to grow at a CAGR of 10.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing growth due to rising awareness of the health benefits associated with medicinal mushrooms and advancements in extraction technologies that enhance the potency of mushroom extracts. Key varieties like Reishi, Lion’s Mane, Cordyceps, Chaga, and Shiitake offer targeted health benefits, driving consumer demand for natural solutions in dietary supplements and personal care products.

Additionally, there is a strong preference for high-quality products labeled as "organic","100% fruiting body," and "free from grain fillers," as these attributes ensure maximum efficacy. Companies like KÄÄPÄ Biotech are leading the way by using innovative cultivation methods to produce pure and potent mushroom extracts, further fueling market growth.

The mushroom extract market is witnessing significant innovations, particularly with the introduction of products like Chiber from Chinova Bioworks. Chinova Bioworks utilizes a patented green chemistry process to extract chitosan from mushroom stems, producing a clean-label ingredient known as Chiber. This antimicrobial extract can be labeled as various forms, including "mushroom extract," and is approved under Whole Foods Market's ingredient qualification program. This clean-label preservative, derived from upcycled white button mushrooms, offers a natural alternative to artificial preservatives by extending shelf life and maintaining food quality without compromising flavor or texture.

The mushroom extracts market in Asia Pacific is projected to grow at a CAGR of 10.8% from 2024 to 2030. In Asian countries, the rich culinary and medicinal history of mushrooms greatly influences consumer preferences, fueling market growth. Traditional practices frequently utilize varieties like Shiitake and Reishi, which are highly valued for their health benefits. This cultural connection, along with increasing health awareness and interest in functional foods, drives the demand for mushroom extracts as consumers look for convenient ways to include these potent ingredients in their diets.

Some of the key players operating in the mushroom extracts market include Nammex, Applied Food Sciences, Inc., Nutri Avenue Inc, Sempera Organics, and Nordic Mushrooms. Key market participants are increasingly focused on expanding their product lines, product innovation, and strategic partnerships. In October 2023, Nammex launched two new mushroom-derived ingredients: ErgoGold and mushroom-derived vitamin D. ErgoGold is a powder mushroom extract from Golden Oyster mushrooms, providing a therapeutic dose of ergothioneine along with other beneficial compounds.

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

Mushroom Extracts Market Report Highlights

• Based on product, in 2023, Shiitake extracts generated share of 33.9% the market revenue, showcasing their strong popularity due to their rich flavor and numerous health benefits, including immune support, and cardiovascular health. Consumers increasingly seek natural and functional ingredients, driving demand for high-quality mushroom products. Additionally, their high content of bioactive compounds, such as beta-glucans, make Shiitake extracts a valuable addition to various dietary supplements and functional foods.
• Based on form, liquid mushroom extract sales are expected to grow at a CAGR of 10.8% from 2024 to 2030, driven by consumer preference for easy-to-use supplements. Their rapid absorption and high bioavailability maximize the health benefits of mushrooms, while versatility allows incorporation into smoothies, teas, and wellness products.
• In 2023, dietary supplements represented the largest application in the mushroom extract market, accounting for 48.5% of the total market share, driven by increased consumer awareness of health benefits and a preference for natural/plant-based supplements. Four Sigmatic responded to this demand by launching its Organic Mushroom Complex Capsules in August 2023, available in Focus, Calm, and Memory varieties.
• In 2023, the mushroom extracts market in North America accounted for 34.2% of the global revenue share, driven by increasing consumer awareness of health benefits and a rising demand for natural dietary supplements. The growth of health-conscious lifestyles and the growing popularity of mushroom-fortified food and beverages in the U.S. significantly contributed to this robust mushroom extract market growth.
• The mushroom extracts market is fragmented due to the presence of numerous small and medium-sized companies alongside larger players, each offering diverse products and formulations. This variety allows for specialization in different types of mushrooms and target applications, catering to unique consumer preferences. Additionally, the regional functional mushroom cultivation practices and varying regulatory environments further contribute to the market's fragmentation.

Mushroom Extracts Market Segmentation

Grand View Research has segmented the global mushroom extracts market based on product, form, application, and region:

Mushroom Extracts Product Outlook (Revenue, USD Million, 2018 - 2030)

• Shiitake Extract
• Reishi Extract
• Lion's Mane Extract
• Cordyceps Extract
• Turkey Tail Extract
• Chaga Extract
• Others

Mushroom Extracts Form Outlook (Revenue, USD Million, 2018 - 2030)

• Powder
• Liquid

Mushroom Extracts Application Outlook (Revenue, USD Million, 2018 - 2030)

• Dietary Supplements
• Functional Foods & Beverages
• Pharmaceuticals
• Cosmetics & Personal Care

Mushroom Extracts Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Mushroom Extracts Market

• Bio Answer Holdings Inc.
• Nammex (North American Medicinal Mushroom Extracts)
• Nutri Avenue Inc
• Applied Food Sciences, Inc.
• Hamilton's Mushroom Extracts
• Naturalin Bio-Resources Co, Ltd
• Oriveda BV
• Ethical Naturals Inc.
• Sempera Organics
• Nordic Mushrooms

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

Glycolic Acid Beauty Products Market Growth & Trends

The global glycolic acid beauty products market size is expected to reach USD 502.9 million by 2030, and growing at a CAGR of 11.9% during the forecast period, according to a new report by Grand View Research, Inc. The glycolic acid beauty product market is significantly propelled by a growing consumer awareness regarding the benefits of chemical exfoliants for skin health and rejuvenation. Glycolic acid, as an alpha-hydroxy acid (AHA), is popular for its ability to effectively remove dead skin cells, revealing brighter, smoother, and more youthful-looking skin. This property resonates with a wide demographic, particularly among those seeking anti-aging solutions, as it helps reduce the appearance of fine lines and wrinkles, and improves skin texture and tone. Moreover, the rise in demand for products that cater to specific skin concerns, such as acne, hyperpigmentation, and uneven skin texture, further fortifies the market for glycolic acid-based beauty products.

Another factor fueling the market's expansion is the increasing trend of personalized skincare regimens. Consumers are becoming more discerning about the products they use, preferring those that are tailored to their individual skin types and conditions. Glycolic acid products, available in various concentrations and formulations, can be customized to meet these individual needs, making them a versatile addition to personalized skincare routines. In addition, the endorsement of glycolic acid by dermatologists and beauty experts has bolstered consumer confidence in its efficacy and safety, thus driving the market growth.

Furthermore, the proliferation of e-commerce platforms and the digitalization of the beauty industry have made glycolic acid products more accessible to a global customer base. Online shopping has not only increased market reach but has also facilitated the spread of consumer reviews and expert recommendations, which significantly influence purchasing decisions. Brands are leveraging social media and digital marketing to educate consumers about the benefits of glycolic acid, which in turn drives demand. The market dynamics are also shaped by ongoing research and development in the cosmetics industry, leading to innovative glycolic acid formulations that promise enhanced results with minimal side effects, thereby attracting a broader consumer base.

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

Glycolic Acid Beauty Products Market Report Highlights

• Regular glycolic acid skincare beauty products possess a share of 77.9% in 2023, owing to rising consumer demand for anti-aging solutions and the enhanced efficacy of glycolic acid in promoting skin cell turnover and improving skin texture
• Glycolic acid beauty haircare products are expected to witness a CAGR of 12.0% during 2024 to 2030. This can be attributed to glycolic acid’s dual benefits of exfoliating dead skin cells for a healthier scalp and enhancing hair manageability and shine, coupled with rising consumer awareness of the importance of scalp care in overall hair health
• The distribution of glycolic acid beauty products through hypermarkets & supermarkets possesses a share of 26.33%, owing to their extensive product ranges, competitive pricing, and the ability for customers to physically test products before purchase, enhancing trust and satisfaction
• The distribution of glycolic acid beauty products through online channel anticipated to witness a CAGR of 14.2%, due to increased consumer preference for online shopping, which offers convenience, a wide range of products, and often better deals than offline stores
• North America held a market share of 33.9% in 2023. Growing consumer preference for natural and organic beauty products, coupled with the rising demand for effective anti-aging and skin rejuvenation treatments, significantly propels the glycolic acid beauty products market in North America
• Asia-Pacific is expected to grow at a CAGR of 13.0% during 2024 to 2030. The growing popularity of K-beauty and J-beauty trends, which emphasize the use of active ingredients such as glycolic acid for skin rejuvenation, is significantly boosting the glycolic acid beauty products market in the Asia Pacific region

Glycolic Acid Beauty Products Market Segmentation

Grand View Research has segmented the global glycolic acid beauty products market based on product, distribution channel, and region:

Glycolic Acid Beauty Products Outlook (Revenue, USD Million, 2018 - 2030)

• Skincare
• Haircare

Glycolic Acid Beauty Product Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hypermarkets & supermarkets
• Pharmacies & drugstores
• Specialty stores
• Online
• Others

Glycolic Acid Beauty Product Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Glycolic Acid Beauty Products Market

• The Ordinary
• Neutrogena
• Alpha-H
• Murad
• Sunday Riley
• Kiehl’s
• La Roche-Posay
• Dermalogica
• Glytone
• Clinique

 Hemp Protein Powder Market Growth & Trends

The global hemp protein powder market size is estimated to reach USD 451.3 million in 2030, growing at a CAGR of 15.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The legalization of hemp cultivation in several countries, particularly in North America and Europe, is facilitating greater production and availability of hemp protein powder. This regulatory shift is also driving investment in hemp-based product innovation and marketing.

The market presents several opportunities for growth and expansion. One significant opportunity lies in the increasing demand for organic and non-GMO products. As consumers become more health-conscious and environmentally aware, they are seeking out products that align with their values. Companies that can offer certified organic and non-GMO hemp protein powder are likely to capture a larger share of the market. Another opportunity exists in the development of new product formulations and applications.

For instance, incorporating hemp protein into ready-to-drink beverages, protein bars, and other convenient formats can attract a broader consumer base. Furthermore, there is potential for growth in emerging markets, where increasing disposable incomes and awareness of health and wellness trends are driving demand for premium nutritional products. Companies that can establish a presence in these markets through effective distribution and marketing strategies will likely see substantial growth.

The rising incidence of lifestyle-related diseases is driving consumers to seek healthier dietary options. Hemp protein powder, with its high protein content, low fat, high fiber, and rich nutrient profile, is becoming a preferred choice for those looking to improve their diet and manage their health more effectively.

North America accounted for the largest share of the market and is estimated to expand at a significant CAGR over the forecast period. Increased marketing efforts and educational campaigns about the benefits of hemp protein powder have raised awareness and stimulated demand in the North America region. Consumer education initiatives highlight its nutritional value and versatility in culinary applications.

Major players in the market include Manitoba Harvest, Navitas Organics, Nutiva, Evo Hemp, Sunwarrior, India Hemp and Co., Terrasoul Superfoods, India Hemp Organics, Anthonys Goods and Health Horizons. These companies are recognized for their expertise in producing hemp-based products, including hemp protein powder, and have established themselves in the health food and dietary supplement markets.

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

Hemp Protein Powder Market Report Highlights

• Asia Pacific is expected to grow with a CAGR of 16.9% from 2024 to 2030. The expanding health and wellness market in the Asia Pacific includes a growing segment of consumers willing to invest in dietary supplements and functional foods. Hemp protein powder fits into this trend as a popular choice for enhancing nutritional intake. Increased availability of hemp protein powder through online platforms and health food stores has made it more accessible to consumers across the Asia Pacific region. Product innovations, such as flavored varieties and convenient packaging, also contribute to its popularity.
• The organic hemp protein powder segment is estimated to grow at the fastest CAGR over the forecast period. Increasing consumer awareness and interest in health and wellness have driven the demand for organic products. Consumers perceive organic hemp protein powder as a healthier option compared to conventional varieties due to its natural cultivation methods, free from synthetic chemicals, pesticides, and GMOs.
• The flavored hemp protein powder segment is estimated to grow at the fastest CAGR over the forecast period. Flavored hemp protein powder provides consumers with a variety of options to suit their taste preferences and dietary preferences. This variety allows consumers to choose flavors that complement their favorite recipes, such as smoothies, shakes, or baked goods.
• Health stores distribution channel is expected to grow at the fastest CAGR over the forecast period from 2024 to 2030. Many health stores emphasize natural, organic, and sustainably sourced products, including hemp protein powder. Consumers who prioritize clean-label ingredients, free from additives and artificial substances, are more likely to purchase hemp protein powder from these establishments.

Hemp Protein Powder Market Segmentation

Grand View Research has segmented the global hemp protein powder market based on nature, flavor, distribution channel, and region:

Hemp Protein Powder Nature Outlook (Revenue, USD Million, 2018 - 2030)

• Organic
• Conventional

Hemp Protein Powder Flavor Outlook (Revenue, USD Million, 2018 - 2030)

• Unflavored/Regular
• Flavored

Hemp Protein Powder Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

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

Hemp Protein Powder Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Hemp Protein Powder Market

• Manitoba Harvest
• Navitas Organics
• Nutiva
• Evo Hemp
• Sunwarrior
• India Hemp and Co.
• Terrasoul Superfoods
• India Hemp Organics
• Anthonys Goods
• Health Horizons

 Protein Ice Cream Market Growth & Trends

The global protein ice cream market size is expected to reach USD 3.82 billion by 2030, registering to grow at a CAGR of 6.2% from 2024 to 2030 according to a new report by Grand View Research, Inc. The market is experiencing growth driven by increasing consumer awareness of health and wellness and rising demand for nutritious yet indulgent dessert options. Protein ice cream, enriched with higher protein content compared to traditional ice cream, appeals to a broad demographic ranging from fitness enthusiasts to health-conscious individuals and those following specific dietary regimens.

Consumers worldwide have a growing awareness regarding the importance of protein in maintaining a balanced diet. Protein ice cream is a convenient and enjoyable way to supplement daily protein intake, catering to individuals looking to enhance their overall nutritional profile. The global surge in fitness and sports participation has significantly boosted demand for protein-enriched foods, including ice cream. Protein ice cream is increasingly recognized as a beneficial post-workout snack, aiding muscle repair and satiety due to its high protein content.

Manufacturers are continuously innovating to meet evolving consumer preferences. This includes developing low-calorie, low-sugar variants, and dairy-free and vegan options to accommodate various dietary needs and preferences. Diverse flavor profiles, from classic favorites like chocolate and vanilla to exotic fruits and nut combinations, enhance market appeal and cater to varied tastes.

The accessibility of protein ice cream through diverse distribution channels such as hypermarkets, supermarkets, specialty stores, and online platforms significantly contributes to market growth. These channels offer extensive product varieties, promotional activities, and convenience, facilitating broader consumer access and choice.

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

Protein Ice Cream Market Report Highlights

• Based on flavor, chocolate captured a significant 36.93% revenue share in 2023 due to its widespread appeal, offering both indulgent taste and nutritional benefits. Its versatility with various mix-ins enhances consumer appeal, leveraging its popularity from traditional ice cream to dominate the protein segment

• Based on protein content, ice creams with more than 10 grams of protein held a substantial 63.93% revenue share in 2023, driven by consumer demand for products supporting fitness and health goals. These high-protein options provide essential benefits like muscle recovery and satiety, appealing particularly to fitness enthusiasts and those adhering to specific dietary regimens

• The 125 ml - 250 ml pack size accounted for 46.09% of revenue in 2023, balancing portion control and convenience. Ideal for health-conscious consumers managing calorie and protein intake, this size caters to on-the-go lifestyles, offering cost-effectiveness and appealing to a wide range of consumers seeking nutritious and satisfying treats

• Hypermarkets and supermarkets accounted for 37.28% of protein ice cream sales in 2023 due to their wide variety of products, large stock volumes, and convenient shopping experiences. These retail channels cater effectively to both regular and health-conscious consumers with their extensive reach and promotional activities

• North America held a 44.51% revenue share in 2023, driven by advanced food infrastructure, strong health awareness, and supportive regulations. Dietary guidelines and nutritional labeling bolster consumer confidence in protein ice cream 

Protein Ice Cream Market Segmentation

Grand View Research has segmented the global protein ice cream market based on flavor, protein content, pack size, distribution channel, and region:

Protein Ice Cream Flavor Outlook (Revenue, USD Million, 2018 - 2030)

• Chocolate

• Vanilla

• Strawberry

• Others

Protein Ice Cream Protein Content Outlook (Revenue, USD Million, 2018 - 2030)

• More than 10 grams

• Less than 10 grams

Protein Ice Cream Pack Size Outlook (Revenue, USD Million, 2018 - 2030)

• Less than 125 ml

• 125 ml - 250 ml

• More than 250 ml

Protein Ice Cream Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hypermarket/Supermarkets

• Convenience Stores

• Ice Cream Parlors

• Online

• Others

Protein Ice Cream Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

• Europe

• Asia Pacific

• Central & South America

• Middle East & Africa

List of Key Players in the Protein Ice Cream Market

• Halo Top

• Wheyhey

• Beyond Better Foods LLC

• Advanced Organic Materials, S.A.

• So Delicious

• Arctic Zero

• Ice ‘N’ Lean

• Yasso

• Peak Protein

• Skinny Cow

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

 Tequila Seltzers Market Growth & Trends 

The global tequila seltzers market size is expected to reach USD 6.01 billion by 2030, growing at a CAGR of 8.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. With the growing demand for healthier alternatives in the beverage industry, tequila seltzers have emerged as a popular choice among health-conscious consumers. These beverages combine the refreshing taste of tequila with the low-calorie, low-sugar nature of seltzer, offering a guilt-free way to enjoy alcohol.

The combination of low calories, low sugar, and convenience has made tequila seltzers increasingly popular among health-conscious consumers. They offer a way to enjoy alcohol without the guilt of consuming excessive calories or sugar. This has contributed to their growing popularity in both the U.S. and international markets.

Moreover, innovation in product offerings and packaging solutions has played a crucial role in making tequila seltzers more accessible and convenient for consumers. Some flavored tequilas are infused with natural ingredients and flavors, appealing to health-conscious consumers who prefer beverages with perceived health benefits or lower calorie counts compared to traditional sugary mixers. The rise of cocktail culture has driven demand for flavored spirits that can be used to create innovative and exciting drinks. Flavored tequilas provide mixologists and home bartenders with versatile ingredients that can enhance a wide variety of cocktails.

The expansion of offline and online distribution channels is another crucial factor contributing to the growth of the market. The availability of tequila seltzers across various retail formats, from supermarkets and hypermarkets to specialty gourmet stores, has improved consumer accessibility. E-commerce platforms and direct-to-consumer sales models have also made it easier for smaller, niche producers to reach a global customer base, fueling competition and driving innovation within the market.

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

Tequila Seltzers Market Report Highlights

• Lime tequila seltzers segment held a share of 31.23% in 2023, owing to its versatility and can be enjoyed in various settings, from casual gatherings and barbecues to beach outings and parties. Their light and crisp nature makes them suitable for a wide range of occasions.
• Canned tequila is expected to witness a CAGR of 9.9% during 2024 to 2030. They are ready-to-drink, eliminating the need for mixing or measuring ingredients. This makes them ideal for on-the-go consumption, social gatherings, and outdoor activities like picnics, barbecues, and beach outings.
• The off-trade distribution channel held a share of 71.0% in 2023. Retailers frequently run in-store promotions, discounts, and sampling events to attract customers. These activities provide consumers with the opportunity to try new tequila seltzers and discover new favorites, driving sales and increasing popularity.
• North America held a market share of 31.43% in 2023. In the North America, consumer demand for distinctive and flavorful beverages is driving the expansion of the tequila market. To meet this demand and discover novel taste experiences, major manufacturers are introducing innovative flavors. 

Tequila Seltzers Market Segmentation

Grand View Research has segmented the global tequila seltzers market report based on flavor, packaging, distribution channel, and region:

Tequila Seltzers Flavor Outlook (Revenue, USD Million, 2018 - 2030)

• Lime
• Strawberry
• Grapefruit
• Others

Tequila Seltzers Packaging Outlook (Revenue, USD Million, 2018 - 2030)

• Bottles
• Cans

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

• Off-trade
• On-trade

Tequila Seltzers Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Tequila Seltzers Market

• Anheuser-Busch InBev
• Diageo plc
• Hard Seltzer Beverage Company, LLC
• Cutwater Spirits
• Que Onda Beverage, Inc.
• Jose Cuervo
• Suntory Global Spirits Inc.
• Heineken N.V.
• Constellation Brands, Inc.
• Boozy Bubbles

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

 Nickel Zinc Rechargeable Battery Market Growth & Trends

The global nickel zinc rechargeable battery market size is anticipated to reach USD 59.18 million by 2030 and is projected to grow at a CAGR of 24.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed rising adoption of these batteries across various applications, including automobiles, uninterruptible power supplies (UPS), data centers, and national defense. These batteries offer several advantages over others, such as high energy density, long cycle life, and environmental friendliness, making them an attractive choice for a wide range of industries.

Based on type, the market is segmented into 5AA battery, AAA battery, and others. Of all, AAA battery holds a major market share. The high share is on account of the widespread use of AAA batteries in consumer electronics, such as remote controls and portable devices, as well as its high energy density and longer lifespan compared to traditional battery types, which further aids its consumption.

Based on application, the UPS segment accounted for the largest revenue share, in 2023 of the global market. This segment's growth can be attributed to the increasing need for reliable backup power solutions in data centers, commercial establishments, and industrial facilities, driven by rising digitalization and the demand for uninterrupted power supply. In June 2024, Actis, announced launch of Epoch Digital a new integrated data center platform in Asia with the current portfolio of c.200 MW of IT capacity across three projects.

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. Favorable policies in countries, such as China, Japan, and South Korea, are promoting investments in nickel-zinc rechargeable battery infrastructure development projects.

The competitive rivalry in the global market is high as major market players concentrate on strengthening their relationships with system installers and opt for collaborations and mergers to enhance their presence in the value chain and expand their geographical presence. For instance, in April 2023, ZincFive Inc. collaborated with KCE to develop a microgrid solution using nickel-zinc battery systems paired with hydrogen and EV charging.

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

Nickel Zinc Rechargeable Battery Market Report Highlights

• Based on type, the 5AA battery segment is expected to register a CAGR of 29.8% over the forecast period, on account of growing demand in consumer electronics and automotive industries
• Based on application, the UPS segment led the market with the largest revenue share of 30.60% in 2023. Increasing adoption of electric vehicles is driving the need for batteries
• Europe is anticipated to register at a significant CAGR of 26.2% over the forecast period. Rapid adoption of electric vehicles coupled with developments for data centers is propelling the regional growth
• Collaboration is one of the key strategies opted by market players. For instance, in October 2023, ZincFive announced its agreement to license its nickel-zinc-based UPS technology to Econolite

Nickel Zinc Rechargeable Battery Market Segmentation

Grand View Research has segmented the global nickel zinc rechargeable battery market report based on type, application, and region:

Nickel Zinc Rechargeable Battery Type Outlook (Revenue, USD Million, Volume, Thousand Units, 2018 - 2030)

• 5AA Battery
• AAA Battery
• Others

Nickel Zinc Rechargeable Battery Application Outlook (Revenue, USD Million, Volume, Thousand Units, 2018 - 2030)

• Automobile
• UPS
• Data Center
• National Defense
• Others

Nickel Zinc Rechargeable Battery Regional Outlook (Revenue, USD Million, Volume, Kilotons, 2018 - 2030)

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

List of Key Players in Nickel Zinc Rechargeable Battery Market

• ZincFive, Inc.
• Batterypkcell
• BetterPower Battery Co., Ltd.
• ANSMANN AG
• Turnigy Power Systems
• EBLOfficial
• ZAF Energy Systems
• EverZinc Inc.

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/nickel-zinc-rechargeable-battery-market-report

Psyllium Market Growth & Trends

The global psyllium market size is estimated to reach USD 660.7 million in 2030 and is anticipated to expand at a CAGR of 9.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising prevalence of chronic diseases such as diabetes, obesity, and gastrointestinal disorders has increased the demand for natural dietary fibers like psyllium. Consumers are increasingly adopting healthier lifestyles and seeking dietary supplements and functional foods that promote digestive health and weight management. Psyllium's soluble fiber content effectively aids in regulating bowel movements and lowering cholesterol levels, enhancing its appeal in dietary and pharmaceutical applications.

Regulatory approvals from health authorities such as the Food and Drug Administration (FDA) in the United States and European Food Safety Authority (EFSA) in Europe further validated the psyllium's health claims and safety for consumption. This regulatory support boosts consumer confidence and encourages manufacturers to incorporate psyllium into a wide range of products, including dietary supplements, pharmaceuticals, and functional foods, driving the market for psyllium during the forecast period.

Furthermore, the pharmaceutical and nutraceutical sectors represent substantial growth opportunities for the psyllium market. Psyllium is widely used as an active ingredient in laxatives, fiber supplements, and dietary fiber formulations due to its natural origin and regulatory approval for health claims related to digestive health. Manufacturers are innovating in product formulations to cater to specific health needs, such as products targeting irritable bowel syndrome (IBS) and constipation, further augmenting the growth and demand for psyllium during the forecast period.

Moreover, the global trend towards natural and plant-based ingredients in food and beverages has positively influenced the demand for psyllium. As consumers seek clean label products and healthier alternatives to synthetic ingredients, psyllium's natural origin and functional benefits make it an attractive ingredient for food formulators. Psyllium is used in a variety of food applications, including bakery products, cereals, snacks, and beverages, to enhance fiber content without compromising taste or texture. Manufacturers are responding to this trend by incorporating psyllium into new product formulations and promoting its nutritional benefits to meet consumer preferences for natural and sustainable food choices. This is expected to further drive the demand for the psyllium market during the forecast period.

Major players in the psyllium market include Satnam Psyllium Industries; Virdhara International; Premcem Gums Pvt. Ltd.; Jyotindra International; Abhyuday Industries; Shree Mahalaxmi Psyllium Pvt. Ltd.; Ispasen Remedies Private Limited; Rajganga Agro Product Pvt. Ltd.; Gayatri Psyllium Industries; Shubh Psyllium Industries; Psyllium Labs LLC; and Keyur Industries. Manufacturers are expanding their product portfolios to cater to diverse consumer preferences and industry requirements. This includes offering different forms of psyllium such as whole husk, husk powder, and psyllium seeds, each tailored for specific applications in pharmaceuticals, dietary supplements, functional foods, and beverages.

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

Psyllium Market Report Highlights

• North America is expected to grow with a CAGR of 10.5% over the forecast period from 2024 to 2030, driven by increasing consumer awareness of dietary fibers and the growing trend towards natural health supplements.
• The psyllium husk powder market is expected to grow at a CAGR of 12.3% from 2024 to 2030. Psyllium powder is highly soluble and can be easily incorporated into various food products, beverages, and dietary supplements, making it a preferred choice for both consumers and manufacturers.
• The organic psyllium market is expected to grow with a CAGR of 12.6% over the forecast period. Organic psyllium is cultivated without the use of synthetic pesticides or fertilizers, making it an attractive option for consumers seeking clean-label and environmentally friendly products, leading to increasing demand for organic psyllium.
• Psyllium application in dietary supplements is expected to growth with a CAGR of 11.2% from 2024 to 2030. Psyllium is a rich source of soluble fiber, which helps regulate bowel movements, reduce cholesterol levels, and manage blood sugar levels, making it a popular ingredient in dietary supplements.

Psyllium Market Segmentation

Grand View Research has segmented the global psyllium market on the basis of product, nature, application, and region:

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

• Psyllium Seeds
• Whole Psyllium Husk
• Psyllium Husk Powder

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

• Organic
• Conventional

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

• Food & Beverages
• Dietary Supplements
• Pharmaceuticals
• Animal Feed
• Others

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

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

List of Key Players in Psyllium Market

• Satnam Psyllium Industries
• Virdhara International
• Premcem Gums Pvt. Ltd.
• Jyotindra International
• Abhyuday Industries
• Shree Mahalaxmi Psyllium Pvt. Ltd.
• Ispasen Remedies Private Limited
• Rajganga Agro Product Pvt. Ltd.
• Gayatri Psyllium Industries
• Shubh Psyllium Industries
• Psyllium Labs LLC
• Keyur Industries

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Aerospace And Defense Springs Market Growth & Trends

The global aerospace & defense springs market size is anticipated to reach USD 548.5 million by 2030, expanding at a CAGR of 6.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market for aerospace & defense springs encompasses the production and application of specialized springs used in various aerospace and defense equipment. These springs are critical components, designed to endure extreme conditions and meet stringent performance requirements, ensuring the reliable functioning of aircraft, spacecraft, and military hardware.

The market thrives due to several factors. Global defense modernization fuels the demand for high-performance springs in advanced military equipment.  Commercial air travel's continuous rise and new airlines, especially in developing regions, propel the aerospace industry's growth.  Furthermore, advancements in materials and manufacturing processes enhance spring durability, performance, and reliability under harsh conditions, further driving market expansion.  This confluence of factors propels the robust growth of the aerospace & defense springs market.

Based on type, the market has been segmented into flat spiral/power springs; coil springs; torsion, torque coil, and clutch springs; and others. The coil springs segment accounted for a market share of 43.0% in 2023, driven by the ease of manufacturing and the versatility of coil springs to handle a wide range of load capacities. Coil springs are meticulously crafted helical coils made from high-performance wire. They play the critical role of storing and releasing mechanical energy through compression and expansion, making them ideal for diverse applications across the aerospace & defense industry. Coil springs are largely preferred for landing gear components, flight control systems, and vibration-dampening mechanisms, leading to a high and consistent demand for these springs from aerospace & defense companies.

The market exhibits a fragmented landscape characterized by established players such as Lee Spring GmbH, Rowley Spring & Stamping Corp., Vulcan Spring & Mfg. Co., EBSCO Spring Co., and Myers Spring Co. Inc. These prominent companies engage in vigorous competition for market share.  A defining feature of this market is the ongoing commitment of these players to research and development (R&D) initiatives. This focus on innovation ensures the ongoing introduction of cutting-edge spring solutions that cater to the ever-evolving demands of aerospace and defense applications. Furthermore, the market is experiencing a rise in mergers and acquisitions (M&A) activity.  Larger firms are strategically acquiring specialized companies to bolster their technological capabilities and broaden their product portfolios. This trend toward consolidation is primarily driven by the desire to achieve economies of scale, optimize supply chains, and gain access to new market opportunities.

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Aerospace & Defense Springs Market Report Highlights

• The global market is expected to grow significantly, driven by the development of lightweight, high-performance aircraft and adherence to stringent safety regulations
• Coil springs, holding 43.0% market share in 2023, are preferred for their ease of manufacturing and versatility in handling various load capacities. The coil springs segment is projected to grow at a CAGR of 6.0%, attributed to their versatility and niche role in lightweight, high-performance aircraft
• Asia Pacific accounted for 35.6% of the market share in 2023, driven by the development of aerospace & defense manufacturing facilities, availability of raw materials, and skilled labor. India is emerging as a major production hub due to its advanced aerospace & defense programs and significant R&D investments

Aerospace & Defense Springs Market Segmentation

Grand View Research has segmented the global aerospace & defense springs market on the basis of type and region:

Aerospace & Defense Springs Type Outlook (Revenue, USD Million, 2017 - 2030)

• Flat Spiral/Power Springs
• Coil Springs
• Torsion, Torque Coil, Clutch Springs
• Others

Aerospace & Defense Springs Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of key players in the global aerospace & defense springs market:

• Vulcan Spring & Mfg. Co.
• Myers Spring Co. Inc.
• Argo Spring Manufacturing Co., Inc.
• John Evans' Sons Inc.
• EBSCO Spring Co.
• M. Coil Spring Manufacturing Company
• Rowley Spring & Stamping Corp.
• Nordia Springs Ltd
• Ace Wire Spring & Form Co., Inc.
• Myers Spring Co. Inc.
• Lee Springs GmbH

Snail Beauty Products Market Growth & Trends

The global snail beauty products market size is anticipated to reach USD 998.6 million by 2030 and expand at a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The globalization of beauty trends and the increasing influence of Western beauty standards in emerging markets drive the adoption of snail beauty products worldwide. With their proven efficacy and unique formulation, snail beauty products resonate with consumers across different cultures and regions. Beauty brands that adapt their marketing strategies to cater to diverse consumer preferences and beauty ideals can capitalize on this trend and drive market growth in both established and emerging markets.

Furthermore, traditional beauty practices and cultural heritage influence interest in snail beauty products. There is a deep-rooted appreciation for its effectiveness in regions where snail mucin is used for its medicinal and skincare properties, such as Greece and Korea. This cultural connection adds a layer of authenticity and trust to snail beauty products.

The expanding distribution channels and availability of snail beauty products in brick-and-mortar stores, specialty boutiques, and online platforms contribute to market growth. Beauty brands increasingly diversify their distribution strategies to reach a wider audience and meet consumer demand. By making snail beauty products more accessible and visible to consumers, brands can capitalize on market opportunities and drive sales. The convenience of purchasing snail beauty products from multiple channels enhances consumer convenience and encourages product adoption, thereby stimulating market expansion.

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Snail Beauty Products Market Report Highlights

• Based on product, the creams segment led the market with the largest revenue share of 26.1% in 2023. The creams segment is propelled by the rising interest in anti-aging skincare solutions. There is a growing demand for products that can address the visible signs of aging and help maintain youthful-looking skin.
• Based on gender, the female segment is expected to witness the fastest CAGR during the forecast period. The global influence of K-beauty has significantly contributed to the popularity of snail beauty products among women. Women worldwide have adopted K-beauty routines, which has led to an increased demand for snail-based skincare products.
• Based on application, the skin segment led the market with the largest revenue share in 2023. The increasing prevalence of skin concerns such as acne, inflammation, and sensitivity propels the segment growth.
• Based on distribution channel, the medical stores segment is expected to witness the fastest CAGR during the forecast period owing to increasing demand for post-procedural skincare solutions.
• The Asia Pacific region dominated the global market and accounted for a 28.7% share in 2023, owing to the rise of eco-consciousness and demand for sustainable beauty products, which further drives the market growth in the region.

Snail Beauty Products Market Segmentation

Grand View Research has segmented the global snail beauty products market based on product, gender, application, distribution channel, and region:

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

• Creams
• Masks & Cleansers
• Serum & Essence
• Shampoo
• Moisturizers
• Others

Snail Beauty Products Gender Outlook (Revenue, USD Million, 2018 - 2030)

• Female
• Male

Snail Beauty Products Application Outlook (Revenue, USD Million, 2018 - 2030)

• Skin
• Hair

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

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

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

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

List of Key Players in the Global Snail Beauty Products Market

• Amorepacific
• BENTON
• PFD Co., Ltd.
• KENRA PROFESSIONAL
• Missha
• Eveline Cosmetics USA
• TONYMOLY
• tianDe Rheinland Halabis GmbH
• DRAN Co., Ltd
• YEOUTH 

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

 Beet Root Powder Market Growth & Trends

The global beet root powder market size is expected to reach USD 581.3 million by 2030, growing at a CAGR of 4.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market has witnessed remarkable growth in recent years, driven by evolving consumer trends, increased product adoption, innovation, and strategic collaborations with athletes and health influencers. One of the primary consumer trends bolstering this market is the growing awareness and demand for natural, health-enhancing foods.

Consumers are increasingly looking for functional foods that offer nutritional benefits beyond basic sustenance. Beet root powder, known for its rich nutrient profile, including nitrates, antioxidants, vitamins, and minerals, has become a popular choice among health-conscious individuals.

The adoption of beet root powder has expanded across various consumer segments. Fitness enthusiasts and athletes have particularly embraced beet root powder due to its ability to improve athletic performance and endurance. The nitrates in beet root powder enhance blood flow and oxygen delivery to muscles, leading to better performance and reduced fatigue. This benefit has not only attracted professional athletes but also recreational exercisers seeking to optimize their workouts. Additionally, the versatility of beet root powder allows it to be easily incorporated into daily diets through smoothies, juices, and even baked goods, further driving its adoption.

Another critical factor driving the expansion of the beet root powder market is the strategic collaboration of brands with athletes and health influencers. These partnerships have proven to be highly effective in increasing product visibility and credibility. By associating with well-known athletes, brands can effectively communicate the performance-enhancing benefits of beet root powder.

For instance, BeetElite, a leading beet root powder brand, has partnered with several professional athletes and sports teams to promote its products. These collaborations often involve endorsements, social media campaigns, and educational content, highlighting how beet root powder can improve endurance and recovery.

Moreover, the digital age has facilitated the growth of beet root powder through online sales channels. E-commerce platforms have made it easier for consumers to access a wide range of beet root powder products, read reviews, and make informed purchasing decisions. This has been particularly beneficial for smaller brands that can now reach a global audience without the need for a significant physical retail presence. The convenience of online shopping and the availability of detailed product information have significantly contributed to the market's expansion.

In addition to consumer trends and strategic collaborations, the growing emphasis on sustainability and clean label products has positively impacted the beet root powder market. Consumers are increasingly scrutinizing the sourcing and production processes of their food.

Brands that emphasize organic farming practices, transparent supply chains, and minimal processing are more likely to gain consumer trust and loyalty. This trend towards sustainable and ethically produced products aligns with the overall shift towards healthier and more conscious consumption patterns.

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Beet Root Powder Market Report Highlights

• The market has experienced substantial growth driven by consumer trends towards natural and functional foods, increased product adoption, continuous innovation, and strategic collaborations with athletes and influencers.
• The organic market is experiencing significant growth due to the rising consumer preference for organic and sustainably sourced products. The premium pricing of organic products is justified by the perceived health benefits and environmental friendliness.
• The use of beet root powder in nutraceuticals and dietary supplements is propelled by the growing interest in functional foods that provide specific health benefits. Consumers are seeking natural ways to boost athletic performance, improve cardiovascular health, and enhance overall wellness.
• Health-focused e-commerce platforms like iHerb, a wide range of beet root powder products are available, including conventional, organic, and specialized blends, with detailed descriptions and user reviews to guide purchasing decisions.

Beet Root Powder Market Segmentation

Grand View Research has segmented the global beet root powder market based on the product, application, distribution channel, and region:

Beet Root Powder Product Outlook (Revenue, USD Million, 2018 - 2030)

• Conventional
• Organic

Beet Root Powder Application Outlook (Revenue, USD Million, 2018 - 2030)

• Food & Beverage
• Nutraceuticals & Dietary Supplements
• Cosmetics & Personal Care
• Others

Beet Root Powder Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Supermarkets/Hypermarkets
• Convenience Stores
• Online
• Others

Beet Root Powder 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 Beet Root Powder Market

• Biofinest
• Bioglan
• Nature’s Way Products LLC
• UpBiet
• NutraMarks Inc.
• Radiance Ltd.
• Go Superfood
• Natures Aid Ltd.
• Botanical Ingredients Ltd
• Terrasoul Superfoods

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/beet-root-powder-market-report