Lithium-ion Battery Market, Size, Share, Insights and Key Players | Forecast (2023 - 2030)

Comprehensive industry analysis and market share data in the recently released report "Lithium-ion Battery Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2028" by Renub Research. The report also analyses competitors, geographical areas, and expansion for Lithium-ion Battery Market.

A CAGR of 16% is projected for the lithium-ion battery market between 2024 and 2028. Lithium-ion batteries, renowned for their high energy density and efficiency, play a pivotal role in powering electronic devices, electric vehicles (EVs), and renewable energy systems. Moreover, ongoing breakthroughs in lithium-ion battery tech, crucial for elevating energy density and safety, are propelling market growth and expanding applications, notably in electric vehicles, reinforcing the shift to sustainable transportation. Also, the consumer electronics sector benefits from longer-lasting and more efficient batteries, improving the performance and convenience of devices. In renewable energy storage, advanced lithium-ion batteries are integral to optimizing the utilization of renewable sources, promoting a more sustainable and resilient energy ecosystem.

Likewise, surging demand for electric vehicles (EVs) is reshaping the lithium-ion battery market panorama. As the automobile enterprise accelerates its transition to cleaner, electric-powered mobility, the demand for lithium-ion batteries, with their excessive energy density and efficiency, is skyrocketing. This surge now drives market growth and spurs advancements in battery technology. Manufacturers are scaling manufacturing to satisfy the EV demand, contributing to accelerated innovation and economies of scale, further solidifying lithium-ion batteries as the cornerstone of the swiftly increasing electric vehicle market. So, the Lithium-ion Battery Market is expected to be valued at about US$ 120.65 Billion by 2028.

 

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Besides, incentives, subsidies, and regulatory support encourage the adoption of clean energy solutions, intensifying the demand for lithium-ion batteries. For instance, in 2023, the global lithium-ion battery market received significant boosts from government initiatives, such as the Biden administration's $3.2 billion investment in the United States to support domestic manufacturing and China's policies, including subsidies for battery manufacturers and tax breaks for electric vehicle buyers, fostering development and sustainability. As governments worldwide prioritize decarbonization and sustainability, the market experiences accelerated growth. These initiatives stimulate innovation and research and position lithium-ion batteries as essential components in the global transition towards a more sustainable energy landscape.

 

Cathodes dominate the lithium-ion battery market due to their pivotal role in enhancing performance and longevity. 

Cathodes contribute appreciably to strength density as a vital factor, determining the battery's overall efficiency and ability. Ongoing research focuses on enhancing cathode substances, such as nickel-rich formulations, to reinforce energy storage and lifespan. Their compatibility with various applications, from consumer electronics to electric cars, solidifies cathodes as the cornerstone, commanding the most considerable market percentage in the dynamic and unexpectedly increasing lithium-ion battery market.

Components – Lithium-ion Battery Market has been covered from four viewpoints.

  1. Cathode
  2. Anode
  3. Electrolytic Solution
  4. Others

 

Lithium Manganese Oxide (LMO) is emerging as the fastest-growing segment in the lithium-ion battery market due to its advantageous performance and safety balance. 

Lithium Manganese Oxide (LMO) batteries offer excellent stability and thermal resistance, making them ideal for high-demand applications like power tools and medical devices. Their growing popularity stems from the need for dependable, non-flammable energy storage solutions. With advancements in LMO technology, they are poised to play a pivotal role in the future of electric mobility and grid storage, further propelling their rapid market expansion.

Product Type – Lithium-ion Battery Market has been covered from six viewpoints.

  1. Lithium Cobalt Oxide (LCO)
  2. Lithium Iron Phosphate (LFP)
  3. Lithium Manganese Oxide (LMO)
  4. Lithium Nickel Cobalt Aluminium Oxide (NCA)
  5. Lithium Titanate
  6. Lithium Nickel Manganese Cobalt

 

Passenger Electric Vehicles (EVs) are positioned to lead the lithium-ion battery market because of the accelerating global shift toward sustainable transportation. 

The growing popularity of Passenger Electric Vehicles (EVs) is propelled by advancements in battery technology, improving variety and performance. As governments incentivize EV adoption and automakers invest in electrification, passenger EVs are becoming more reachable and appealing, with ongoing research driving innovation. Lithium-ion batteries' flexibility and environmental benefits are the number one preference for powering the increasing fleet of Passenger EVs worldwide.

Application – Lithium-ion Battery Market has been covered from five viewpoints.

  1. Passenger EVs
  2. Commercial EVs and Electric two/three wheelers
  3. E-buses
  4. Stationary Storage
  5. Consumer Electronics

 

India is poised to dominate the lithium-ion battery market. 

The dedication of India to electric-powered mobility aligns with global sustainability goals, fostering considerable investments in battery technology and manufacturing. With a large patron base and formidable government tasks, India is becoming a key player in the EV market. In a significant move, India released the National Centre for Battery Testing (NCBT) in February 2023 to ensure the quality and safety of domestically synthetic lithium-ion batteries. This cutting-edge facility gives critical testing and certification services. Simultaneously, the Indian government has solid worldwide collaborations through MOUs with international locations like Australia, the UK, and the US, in addition to with groups like Tesla and Panasonic. The drive towards energy independence and a sturdy ecosystem for battery manufacturing position India as a leader, equipped to form the lithium-ion battery market in the coming years.

 

Countries – Lithium-ion Battery Market has been covered from five viewpoints.

 

  1. North America

 

1.1    United States

1.2    Canada

 

  1. Europe

 

2.1    Poland

2.2    Germany

2.3    Spain

2.4    France

2.5    United Kingdom

2.6    Italy

2.7    Netherlands

2.8    Turkey

2.9    Others in Europe

 

  1. Asia-Pacific

 

3.1    China

3.2    Japan

3.3    South Korea

3.4    India

3.5    Australia

3.6    Indonesia

3.7    Thailand

3.8    Malaysia

3.9    Others in Asia-Pacific

 

  1. Middle East and Africa

 

4.1    Saudi Arabia

4.2    UAE

4.3    South Africa

4.4    Others in Middle East and Africa

 

  1. Latin America

 

5.1    Brazil

5.2    Argentina

5.3    Chile

5.4    Mexico

5.5    Others in Latin America

 

Competitive Landscape

The top producers of lithium-ion batteries are Exide Technologies, Johnsons Controls Inc., Samsung SDI Company Limited, BYD Company Ltd., and GS Yuasa Corporation.

Company Insights.

  • Overview
  • Recent Development and Initiatives
  • Sales Analysis

Analysis of the companies present in the Lithium-ion Battery Market.

  1. Exide Technologies
  2. Johnsons Controls Inc.
  3. Samsung SDI Company Limited
  4. BYD Company Ltd.
  5. GS Yuasa Corporation

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

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Lipid Market Reaches US$ 13.72 Billion in 2023, Forecasts a 6.78% CAGR Growth from 2024 to 2030 ⅼ Renub Research

The global lipid market is predicted to be worth US$21.71 billion by 2030, as per Renub Research. Lipids exhibit amphoteric properties, featuring polar alcohol heads and a nonpolar fatty acid backbone. Triglycerides, a type of lipid, dissolve in nonpolar solvents like diethyl ether, benzene, and chloroform. Understanding the solubility behavior of lipids is crucial for experimental procedures. When dissolved in ethanol, lipids partially dissolve and form a cloudy emulsion, which clears upon adding water. To stabilize these emulsions permanently, various emulsifying agents can be employed.

 

The expanding commercial landscape of the lipid market, driven by the increasing demand for nutritional lipids, is expected to fuel market growth. Rising obesity rates, prevalent in both developed and developing regions, pose significant health challenges attributed to factors like rapid urbanization, sedentary lifestyles, and high consumption of fast food. Consequently, a global surge in health consciousness has heightened the demand for nutritional lipids. Additionally, food manufacturers are increasingly substituting lipids for synthetic flavoring carriers to maintain product flavor and aroma. Techniques such as density adjustment, hydrogenation, and emulsification offer superior functional properties, contributing to this trend. Overall, these factors underscore the market's growth potential and the evolving dynamics within the lipid industry.

 

The global lipid market reached US$ 13.72 billion in 2023 and is projected to grow at a CAGR of 6.78% from 2024 to 2030. The global lipid market is expected to grow, driven by increased usage of lipids in the personal care sector. Significant companies are developing nutritious ingredients to expand their presence in the pharmaceutical and food and beverage (F&B) industries, often leveraging marketing strategies such as celebrity endorsements. Rising numbers of vegans and vegetarians, along with a growing need for dietary supplementation, are also fueling the demand for lipid supplements worldwide. Additionally, novel lipid formulations have emerged in recent years, showing promise for medical and nutritional applications, further contributing to market growth projections. Therefore, the global lipid market is poised for expansion in the foreseeable future, propelled by diverse factors, including changing consumer preferences and innovative product developments.

 

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Triglycerides are widely favored in the lipid market.

 

Triglycerides, integral components of dietary fats and oils, are experiencing a surge in demand within the global lipid market. As essential sources of energy and carriers of fat-soluble vitamins, triglycerides play a crucial role in human nutrition. The growing awareness of the importance of healthy fats in maintaining overall well-being has propelled the demand for triglycerides in various food and beverage applications. Additionally, their versatility and functional properties make them highly sought-after ingredients in the pharmaceutical and cosmetic industries. With increasing consumer preferences for natural and nutritious products, triglycerides will continue driving growth and innovation in the international lipid market.

 

Phospholipids are witnessing growth within the lipid market.

 

The surge in demand for plant-based lipid sources is driven by consumers' growing preference for sustainable and healthier options. Compared to animal-derived options, these alternatives offer numerous advantages, such as reduced saturated fats, cholesterol, and allergens. Aligning with ethical and environmental concerns, plant-based lipids are gaining popularity among consumers seeking eco-friendly products. Manufacturers are innovating across cooking oils, spreads, and snacks to meet this demand. As awareness of plant-based diets' health and environmental benefits rises, the market for plant-derived lipids is poised for further expansion. This trend reflects a shift in consumer preferences toward products that promote personal well-being and sustainability, catering to the evolving needs of health-conscious individuals globally.

 

The food and beverage sector is poised for significant expansion within the global lipid market.

 

Rising consumer preferences and dynamic industry trends are anticipated to propel growth within the lipids market, specifically focusing on food and beverage applications. As consumers increasingly prioritize health-conscious and sustainable options, the demand for lipids in food and beverage products is projected to surge. Lipid technology and formulation advancements also enable manufacturers to innovate and introduce novel lipid-based ingredients, catering to evolving consumer tastes and preferences. With the food and beverage sector constantly evolving to meet changing consumer demands, the lipids market is poised to witness significant expansion as manufacturers strive to develop healthier, more functional, and environmentally sustainable products.

 

The acceleration of urbanization, population expansion, and increasing disposable incomes in China drive greater consumption of fats and oils.

 

China is poised to experience substantial growth in the global lipid market. This growth is fueled by rapid urbanization, population expansion, and increasing disposable incomes. As lifestyles evolve and dietary habits shift, demand for lipid-based products rises across different sectors. Additionally, the growing awareness of the importance of dietary fats and oils for health and nutrition further propels market expansion. With its large and dynamic consumer base, China presents significant opportunities for companies operating in the lipid market to innovate, diversify their product offerings, and capitalize on emerging trends and preferences.

 

Key Players

 

The lipid market worldwide features companies like NOF Corporation, Stepan Company, Archer Daniels Midland, Cargill, Kerry Group, BASF AG, Merck KGaA, and Koninklijke DSM N.V.

 

Product – Global Lipid Market breakup in 5 viewpoints:

 

  1.  Triglycerides
  2.  Phospholipids
  3.  Sphingolipids
  4.  Ionizable Lipids
  5.  Others

 

 

Types: Global Lipid Market Breakup from 4 Viewpoints:

 

  1.  Omega-3 and Omega-6
  2.  Phospholipids
  3.  Medium-Chain Triglycerides
  4.  Sterols

 

 

Sources: Global Lipid Market Breakup from 2 Viewpoints:

 

  1.  Animal
  2.  Plant

 

 

Application: Global Lipid Market Breakup from 4 Viewpoints:

 

  1.  Food & Beverages
  2.  Pharmaceuticals
  3.  Nutrition & Supplements
  4.  Others

 

 

Countries: Global Lipid Market Breakup from 5 Viewpoints:

 

  1.  North America

 

1.1   United States

1.2   Canada

 

  1.  Europe

 

2.1   France

2.2   Germany

2.3   Italy

2.4   Spain

2.5   United Kingdom

2.6   Belgium

2.7   Netherland

2.8   Turkey

 

  1.  Asia Pacific

 

3.1   China

3.2   Japan

3.3   India

3.4   South Korea

3.5   Thailand

3.6   Malaysia

3.7   Indonesia

3.8   Australia

3.9   New Zealand

 

  1.  Latin America

 

4.1   Brazil

4.2   Mexico

4.3   Argentina

 

  1.  Middle East & Africa

 

5.1   Saudi Arabia

5.2   UAE

5.3   South Africa

 

 

All the key players have been covered from 3 viewpoints:

  •  Overview
  •  Recent Developments
  •  Revenue Analysis

 

 

Company Analysis:

  1.  NOF Corporation
  2.  Stepan Company
  3.  Archer Daniels Midland
  4.  Cargill
  5.  Kerry Group
  6.  BASF AG
  7.  Merck KGaA
  8.  Koninklijke DSM N.V.

 

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Milk Powder Market: https://www.renub.com/milk-powder-market-p.php

Global Pasta Market: https://www.renub.com/global-pasta-market-p.php

Protein Ingredient Market: https://www.renub.com/protein-ingredient-market-p.php

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Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

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Saudi Arabia IVD Market Surpasses US$ 1.10 Billion, Set to Expand at 4.33% CAGR from 2024 to 2030 ⅼ Renub Research

According to Renub Research, the Saudi Arabia IVD Market is forecasted to reach approximately US$ 1.48 Billion by 2030. Saudi Arabia is poised to become the world's fastest-growing major economy in 2022, surpassing other Middle Eastern countries and major emerging economies. In vitro diagnostics (IVD) play a crucial role in monitoring overall health. These tests involve examining samples such as blood or tissue, typically conducted in laboratory equipment like test tubes or Petri dishes. IVD serves as a non-invasive method for disease detection and prevention, usable in both healthcare facilities and home settings. Additionally, healthcare professionals utilize IVD for precision medicine to determine optimal treatment plans for patients.

According to Saudi Arabia’s General Authority of Statistics, the elderly makes up 4.2% of the total population and are projected to rise further. With this aging population, we anticipate a notable increase in chronic diseases in the coming years. Additionally, fueled by rising physical inactivity and unhealthy diets, the prevalence of lifestyle diseases is on the rise in the country. Saudi Arabia ranks among the highest globally in obesity rates, with approximately 36% of the population affected. Furthermore, hypertension affects about 29% of males and 24% of females in the country.

In 2023, the Saudi Arabia IVD market reached US$ 1.10 Billion and is forecasted to grow at a CAGR of 4.33% from 2024 to 2030. The increasing prevalence of chronic diseases such as diabetes, cancer, cardiovascular diseases, and infectious diseases serves as a significant driver for the Saudi Arabia in-vitro diagnostics market. With the country facing a rising burden of chronic illnesses, there is a growing demand for in-vitro diagnostic products to enable early and accurate disease diagnosis, thus stimulating market growth. For example, tuberculosis cases in Saudi Arabia increased by 5.1% in 2021, according to a report by the World Bank. Additionally, the International Diabetes Federation (IDF) predicts a rise in diabetes cases from 4.3 million in 2021 to 7.5 million by 2045 in Saudi Arabia, further fueling the demand for precise in-vitro diagnostic products and driving market expansion.

 

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Under the Vision 2030 strategy, the kingdom has introduced a comprehensive array of reforms, enhancing the business environment and various sectors, including healthcare. In 2021, Saudi Arabia allocated approximately 6.6% of its GDP to healthcare, a notable increase from the 3.7% reported a decade ago. This healthcare expenditure surpasses that of neighboring countries like the United Arab Emirates (UAE). To align with Vision 2030 objectives, healthcare spending is projected to grow by an annual average of 3% from 2022 to 2025. This increased budget aims to materialize plans to expand public hospitals, clinical laboratories, and modernized healthcare facilities nationwide. Both public and private investments in healthcare are anticipated to drive growth in IVD testing, especially in areas such as infectious disease and cancer testing. Furthermore, the decentralization of healthcare services is expected to redistribute testing volumes from tertiary care facilities to lower levels of care.

 

ELISA and CLIA tests are poised for expansion within the Saudi Arabia IVD market.

ELISA and CLIA tests command a significant portion of the Saudi Arabia IVD market. Renowned for their accuracy and versatility, these diagnostic tests play a crucial role in detecting various diseases and conditions. Their widespread use across medical facilities and laboratories underscores their importance in healthcare. With ongoing advancements in technology and increased demand for precise diagnostic solutions, ELISA and CLIA tests continue to maintain their stronghold in the Saudi Arabia IVD market. As the healthcare landscape evolves and the need for efficient diagnostic tools grows, ELISA and CLIA tests are expected to retain their substantial share in the market.

 

There was a rise in instrument products within the Saudi Arabia IVD market.

In Saudi Arabia, the market for in vitro diagnostic (IVD) products has experienced an uptick in the availability of instrument offerings. As demand for diagnostic solutions grows, there has been a notable increase in the range of instruments available within the market. These instruments play a crucial role in facilitating accurate and efficient diagnostic processes across various healthcare settings. With ongoing advancements in technology and the expanding need for precise diagnostic tools, the rise in instrument offerings reflects the dynamic nature of the Saudi Arabian IVD market and its commitment to meeting the evolving healthcare demands of the population.

The market is expected to experience a boost in clinical chemistry.

The field of clinical chemistry is poised to propel growth in the market for in vitro diagnostics (IVD) in Saudi Arabia. With increasing emphasis on comprehensive diagnostic testing, clinical chemistry plays a pivotal role in disease detection and monitoring. As healthcare providers seek advanced diagnostic solutions to meet evolving patient needs, the demand for clinical chemistry assays is on the rise. This trend is expected to drive market expansion, fostering innovation and investment in diagnostic technologies. As a result, clinical chemistry emerges as a key driver of growth in the Saudi Arabian IVD market, facilitating improved healthcare outcomes.

Key Players

 

Roche Diagnostics, Danaher Corporation, Abbott Laboratories, Thermo Fischer Scientific, Bio–Rad Laboratories, Inc., Sysmex Corporation, Becton, and Biomerieux operate within the Saudi Arabia IVD Market.

 

Test Types – Saudi Arabia IVD Market breakup in 11 viewpoints:

  1. ELISA & CLIA
  2. PCR
  3. Rapid Test
  4. Fluorescence Immunoassays (FIA)
  5. In Situ Hybridization
  6. Transcription Mediated Amplification
  7. Sequencing
  8. Colorimetric Immunoassay
  9. Radioimmunoassay (RIA)
  10. Isothermal Nucleic Acid Amplification Technology
  11. Others

 

Products – Saudi Arabia IVD Market breakup in 3 viewpoints:

  1. Reagents
  2. Instruments
  3. Services

 

Application – Saudi Arabia IVD Market breakup in 7 viewpoints:

  1. Immunochemistry
  2. Clinical Chemistry
  3. Hematology
  4. Coagulation
  5. Molecular Diagnostics
  6. Microbiology
  7. Others

 

 

All the Key players have been covered from 3 Viewpoints:

  • Overview
  • Recent Development
  • Revenue Analysis

 

Company Analysis:

  1. Roche Diagnostics
  2. Danaher Corporation
  3. Abbott Laboratories
  4. Thermo Fischer Scientific
  5. Bio–Rad Laboratories, Inc.
  6. Sysmex Corporation
  7. Becton
  8. Biomerieux

 

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

Contact Us:

Renub Research         

Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)

Email: info@renub.com

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China Dental Market Hits US$ 7.24 Billion in 2023, Anticipates 6.86% Growth Rate from 2024 to 2030 ⅼ Renub Research

Renub Research predicts that the China dental market will achieve a value of US$ 11.52 billion by 2030. Over recent years, the Chinese dental implant sector has undergone substantial growth, and this trajectory is expected to persist. With the Chinese populace witnessing heightened socioeconomic mobility, a larger segment can now afford dental treatments, leading to an escalating demand for therapeutic dental services. Consequently, China emerges as an attractive market for dental manufacturers. The dental industry in China has witnessed impressive expansion in the past decade, propelled by factors such as heightened awareness of oral health, increased disposable incomes, urbanization, and advancements in dental technology. Consequently, this market offers substantial opportunities for both domestic and international stakeholders, albeit accompanied by specific challenges and evolving trends.

The dental market in China benefits from increasing awareness of oral health driven by rising incomes, improved healthcare access, and government initiatives. Valued at US$ 7.24 billion in 2023, it is projected to grow at a CAGR of 6.86% from 2024 to 2030. Urbanization further boosts demand, especially in major cities. Factors such as the growing elderly population, rising interest in cosmetic dentistry, and high incidence of dental diseases also contribute to market growth. Studies highlight the need for enhanced oral health education, particularly among adolescents, to mitigate dental issues.

The Chinese dental market encounters challenges like a shortage of qualified professionals and lack of standardized regulations. Despite rising demand, rural areas lack dentists and dental hygienists. Moreover, varying regulations across regions hinder operations for domestic and international dental companies.

However, the Chinese dental market offers abundant opportunities for expansion and advancement. The increasing adoption of digital dentistry technologies, such as CAD/CAM systems and 3D printing, is transforming dental procedures, enhancing efficiency and precision. Additionally, the surge in demand for cosmetic dentistry procedures, like teeth whitening and dental implants, is opening up new revenue streams for both dental professionals and manufacturers.

 

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Looking forward, several trends are set to shape the trajectory of the dental market in China. These include a growing emphasis on preventive dental care, the emergence of tele-dentistry services, and the integration of artificial intelligence and big data analytics in dental diagnostics and treatment planning. Overall, the Chinese dental market is poised for sustained growth, propelled by evolving consumer preferences, technological advancements, and governmental initiatives aimed at enhancing oral healthcare outcomes.

The rise of preventive dentistry in the market signifies a transition towards proactive healthcare strategies.

Preventive dentistry has garnered significant popularity within the Chinese dental industry. With a growing emphasis on proactive healthcare measures, individuals are increasingly seeking preventive dental care to maintain optimal oral health. This trend reflects a shift towards prioritizing regular check-ups, cleanings, and early interventions to prevent dental issues before they escalate. As awareness of the importance of oral hygiene continues to increase across China, preventive dentistry is expected to play a pivotal role in reducing the prevalence of dental problems and improving overall oral health outcomes among the population.

Radiology equipment is anticipated to experience growth within the Chinese dental market, given its essential role in analysis and treatment planning.

Radiology equipment plays a crucial role in the dental market in China, contributing significantly to diagnosis, treatment planning, and overall patient care. As one of the largest and fastest-growing dental markets globally, China presents a robust demand for advanced radiology technologies due to its expanding healthcare infrastructure, increasing dental awareness, and evolving patient expectations. The significance of radiology equipment in the Chinese dental market stems from its pivotal role in aiding dentists and specialists in accurately diagnosing oral health conditions, such as dental caries, periodontal disease, and oral tumors. By providing detailed images of the teeth, jaws, and surrounding structures, radiology equipment enables dentists to detect and assess dental issues early, facilitating timely intervention and preventive care.

Key Players

The China Dental Market is spearheaded by key players such as Sirona Dental Systems Foshan Co., Danaher, 3M Co., Straumann, Zimmer Biomet, Phillips, and Colgate Palmolive.

 

Segment – Global China Dental Market breakup in 6 viewpoints:

  1. Preventive Dentistry
  2. Dental Lasers
  3. Implants (Titanium/Zirconium)
  4. Endonotics Dentistry
  5. Orthodontics Dentistry
  6. Others

 

Equipment – Global China Dental Market breakup in 6 viewpoints:

  1. Radiology Equipment
  2. Laser Equipment
  3. Systems & Parts
  4. Laboratory Machines
  5. Hygiene Maintenance Devices
  6. Other Equipment

 

All the Key players have been covered from 3 Viewpoints:

  • Overview
  • Recent Developments
  • Revenue Analysis

 

Company Analysis:

  1. Sirona Dental Systems Foshan Co.,
  2. Danaher
  3. 3M Co
  4. Straumann
  5. Zimmer Biomet
  6. Phillips
  7. Colgate Palmolive

United States Dental Market: https://www.renub.com/united-states-dental-market-p.php

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China Vaccine Market: https://www.renub.com/china-vaccine-market-p.php

Dental Diagnostics and Surgical Equipments Market: https://www.renub.com/dental-diagnostics-and-surgical-equipments-market-p.php

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

Contact Us:

Renub Research         

Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)

Email: info@renub.com

LinkedIn: https://in.linkedin.com/company/renub-research

Web: www.renub.com

Flavored Milk Market, Size, Share, Growth, Company Analysis ⅼ Forecast (2024 - 2030) ⅼ Renub Research

Renub Research predicts the flavored milk market will reach approximately US$ 83.63 billion by 2030. Flavored milk, which usually includes sugar, colors, and numerous flavorings, originates from cow, soy, almond, or camel milk. Cow milk is predominantly used for flavored milk manufacturing. Enriched with protein, vitamins, and minerals, flavored milk is favored for its flavor, especially among youngsters and young buyers. The market's growth is driven by growing demand for natural, health-useful products and reputation from fitness groups regarding milk's significance in kid's and adults' diets. Products inside the flavored milk market are labeled into chocolate, vanilla, strawberry, and other flavors.

The increasing demand for functional drinks is the number one driving factor in the flavored milk market. Consumers are gravitating towards convenient and nutritious beverage options, with flavored milk emerging as a desired preference. It is perceived as a healthier opportunity to carbonate smooth drinks and different sugary liquids, fueling market growth. Additionally, the market benefits from an expanded range of products, services, and flavors. Manufacturers have brought diverse milk flavors, which include chocolate, strawberry, and vanilla, to cater to diverse customer preferences. Focus on convenient and attractive packaging, specifically for younger demographics, and innovation in natural-flavored milk without artificial ingredients similarly boosts marketplace demand.

In 2023, the global flavored milk market reached US$ 51.47 billion, with a projected growth rate of 7.18% between 2024 and 2030. The virtual transformation has revolutionized consumer shopping behaviors, notably. E-trade platforms have emerged as dominant players inside the retail sector, imparting unparalleled comfort and a variety of products. These structures play important roles as distribution channels in the flavored milk market. Manufacturers are forming strategic alliances with e-commerce giants to enlarge their market presence, especially in regions with constrained traditional retail infrastructure. Moreover, digital structures function as direct channels for brand-consumer interaction, facilitating remarks series and introducing exclusive on-line services. This e-trade revolution ensures smooth entry to flavored milk products for consumers, resulting in increased sales and more advantageous logo visibility in an aggressive market panorama.

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Long-life flavored milk is positioned for significant growth in the global market.

Long-lasting flavored milk holds promising potential for growth in the global market. With consumers seeking convenient and shelf-stable beverage options, the demand for long-lasting flavored milk is rising. This product appeals to individuals looking for taste and convenience, making it a preferred choice among busy lifestyles. As manufacturers continue to innovate and introduce new flavors and packaging designs, long-lasting flavored milk is expected to gain traction worldwide. Its ability to offer extended shelf life without compromising taste or quality positions it as a key player in meeting the evolving needs of consumers in the beverage industry.

Chocolate-flavored milk is anticipated to remain popular in the flavored milk market.

Chocolate flavor aims to sustain its popularity in the flavored milk market. With its timeless appeal and widespread consumer preference, chocolate-flavored milk is a sought-after choice among consumers of all ages. Renowned for its rich and indulgent taste, chocolate-flavored milk offers a delightful beverage option that satisfies cravings while providing essential nutrients. Its versatility makes it a household staple and an attractive option in cafes and eateries. As manufacturers continue to innovate and introduce new variations, chocolate-flavored milk is poised to maintain its stronghold in the flavored milk market, catering to the ever-growing demand for delicious and nutritious beverages.

Powdered packages could witness rapid growth within the flavored milk market.

The powdered segment emerges as one of the fastest-growing segments in the global flavored milk market. With its convenient packaging and extended shelf life, powdered flavored milk offers consumers a versatile and easily accessible option. This segment's rapid growth is fueled by changing consumer preferences and the increasing demand for on-the-go beverage solutions. Moreover, manufacturers' emphasis on product innovation and flavor variety contributes to the segment's expansion. As consumers seek convenient and flavorful beverage options, the powdered segment continues to gain traction, positioning itself as a key player in the evolving flavored milk market landscape.

Paper-based packaging stands as one of the most widely used options in the market.

Paper-based packaging ranks among the most prevalent packaging options in the flavored milk market. Renowned for its versatility and eco-friendliness, paper-based packaging offers manufacturers and consumers a sustainable solution. With its ability to preserve product freshness and ensure convenience, this packaging type meets the demands of both producers and environmentally conscious consumers. Its widespread usage underscores its effectiveness in meeting market needs while aligning with sustainability objectives. As the flavored milk market continues to evolve, paper-based packaging remains a staple choice, reflecting its enduring popularity and relevance in the packaging industry.

Supermarkets and hypermarkets are favored options within the market.

Supermarkets and hypermarkets emerge as favored destinations for consumers within the flavored milk market. Renowned for their wide product assortments and convenient shopping experiences, these retail outlets cater to diverse consumer preferences. Consumers can easily browse and select their preferred choices with aisles stocked with various flavored milk options. The convenience of one-stop shopping and competitive pricing further enhances the appeal of supermarkets and hypermarkets. Additionally, these establishments often feature promotional offers and discounts, attracting budget-conscious shoppers. Supermarkets and hypermarkets play a pivotal role in meeting consumer demand and driving sales growth in the flavored milk market.

The Asia-Pacific region is poised to dominate the flavored milk market.

The inclusion of countries like India is expected to contribute to the growth of the global flavored milk market. With its large population and increasing consumer demand for convenient and nutritious beverage options, India presents significant opportunities for market expansion. As flavored milk gains popularity as a preferred choice among consumers of all ages, the presence of emerging markets like India adds momentum to the market's upward trajectory. With favorable demographic trends and evolving consumer preferences, India's participation in the flavored milk market is anticipated to fuel its overall growth on a global scale.

Key Players

Leading global flavored milk market companies include Danone SA, Arla Foods, Saputo Inc., The Hershey Company, Fonterra Co-operative Group, Nestle S.A., Meiji Holdings Co. Ltd, and Amul Industries Pvt Ltd.

Type – Global Flavoured Milk Market breakup in 3 viewpoints:

  1. Long-Life Flavoured Milk
  2. Fresh Flavoured Milk
  3. Other Flavoured Milk

 

 

Flavoured Type – Global Flavoured Milk Market breakup in 4 viewpoints:

  1. Vanilla
  2. Chocolate
  3. Fruits
  4. Others

 

 

Application – Global Flavoured Milk Market breakup in 4 viewpoints:

  1. Powder
  2. Premix
  3. Fresh
  4. Others

 

Packaging Type – Global Flavoured Milk Market breakup in 5 viewpoints:

  1. Paper Based
  2. Plastic Based
  3. Glass Based
  4. Metal Based
  5. Others

 

 

Distribution Channel – Global Flavoured Milk Market breakup in 4 viewpoints:

  1. Supermarkets and Hypermarkets
  2. Specialty Stores
  3. Convenience Stores
  4. Others

 

 

Countries – Global Flavoured Milk Market breakup in 25 viewpoints:

  1. North America

1.1    United States

1.2    Canada

 

  1. Europe

2.1    France

2.2    Germany

2.3    Italy

2.4    Spain

2.5    United Kingdom

2.6    Belgium

2.7    Netherland

2.8    Turkey

 

  1. Asia Pacific

3.1    China

3.2    Japan

3.3    India

3.4    South Korea

3.5    Thailand

3.6    Malaysia

3.7    Indonesia

3.8    Australia

3.9    New Zealand

 

  1. Latin America

4.1    Brazil

4.2    Mexico

4.3    Argentina

 

  1. Middle East & Africa

5.1    Saudi Arabia

5.2    UAE

5.3    South Africa

 

All the Key players have been covered from 3 Viewpoints:

  • Overview
  • Recent Development
  • Revenue Analysis

 

Company Analysis:

  1. Danone SA.
  2. Arla Foods
  3. Saputo Inc.
  4. The Hershey Company
  5. Fonterra Co-operative Group
  6. Nestle S.A.
  7. Meiji Holdings Co. Ltd.
  8. Amul Industries Pvt Ltd.

 

 

United States Milk Powder Market: https://www.renub.com/united-states-milk-powder-market-p.php

Indonesia Milk Powder Market: https://www.renub.com/indonesia-milk-powder-market-p.php

Milk Chocolate Market: https://www.renub.com/milk-chocolate-market-p.php

 

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

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LiDAR Market Hits US$ 1.91 Billion in 2023, Anticipates Robust 20.99% CAGR Growth from 2024 to 2030

The global LiDAR market will be around US$ 7.25 billion by 2030, according to Renub Research. LiDAR (Light Detection and Ranging) is a remote sensing technology that utilizes laser light to measure distances and generate detailed 3D maps of environments. Its market encompasses diverse applications, products, and services. LiDAR emits laser pulses and measures their return time after hitting objects. The growing need for 3D imagery in sectors like the military, topography, civil engineering, and mapping is set to fuel market expansion. Textured 3D imagery finds use in mapping and urban planning. Advanced safety features are increasingly being installed, with LiDAR integrated into self-driving vehicles for GPS and navigation. LiDAR is also utilized in weather monitoring and environmental surveillance, such as in Canadian stations tracking pollution and volcanic ash for aviation safety. Its accuracy makes it vital in oil sand monitoring and various other applications. These diverse uses of LiDAR technology, bolstered by its precision, are poised to drive market growth in the forecast period.

 

The LiDAR market reached US$ 1.91 billion in 2023 and is expected to expand at a 20.99% CAGR from 2024 to 2030. The LiDAR market is driven by growing demand for 3D imaging across various sectors and the increased use of aerial LiDAR systems for exploration and historic preservation. However, more awareness about LiDAR benefits is needed to grow the market. Integrating costly components like laser scanners and high-resolution cameras adds to expenses, restricting adoption. Yet, rising adoption across industries and increased demand for 3D imaging offer growth prospects. Automated processing and superior performance compared to other technologies create new growth avenues. Expansion into new industries is also expected to drive market growth.

 

Terrestrial LiDAR is expanding its global market footprint.

 

Terrestrial LiDAR is extending its reach across the global market. As a highly effective technology for capturing detailed 3D information on terrestrial surfaces, its applications span various industries, including urban planning, construction, archaeology, and forestry. Terrestrial LiDAR systems offer precise and accurate data collection, enabling professionals to create high-resolution digital models of landscapes, buildings, and infrastructure. With advancements in sensor technology and data processing algorithms, terrestrial LiDAR is becoming increasingly accessible and cost-effective, driving its adoption worldwide. Its ability to provide valuable insights and support decision-making processes in diverse fields positions terrestrial LiDAR as a key player in the geospatial industry's ongoing evolution.

 

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Laser scanners are witnessing significant growth in the market thanks to their versatility and expanding applications.

 

Laser scanners are experiencing significant growth in the global LiDAR market due to rising adoption rates and diverse applications. They capture detailed 3D data in various sectors like construction, urban planning, forestry, archaeology, and transportation for mapping and asset management tasks. Their versatility allows for accurate spatial information, which is crucial for precise measurements and detailed imaging. Advancements like faster scanning speed, higher resolution, and increased portability drive their adoption across sectors, fueling their continued growth in the LiDAR market. Laser scanners play a vital role in meeting evolving industry demands and innovating spatial data acquisition, solidifying their position as indispensable tools for professionals worldwide.

 

The Lidar sector is experiencing a significant increase in the uptake of 3D technology.

 

The Lidar industry is witnessing a surge in the adoption of 3D technology, driven by its versatility and precision in capturing detailed spatial data. This advancement enables accurate urban planning, infrastructure, forestry, archaeology, and autonomous vehicle mapping. High-resolution 3D models aid decision-making and resource management. Advancements like improved scanning and data processing, alongside reduced costs, fuel widespread adoption. Organizations recognize the value of detailed 3D spatial data for planning and analysis, boosting demand for Lidar systems. This drives innovation and expansion in the industry, catering to diverse sector needs.

 

Short-range LiDAR commands a significant portion of the global Lidar market share.

 

Short-range LiDAR technology holds a significant market share globally and is widely adopted across diverse industries like urban planning, transportation, robotics, agriculture, and industrial automation. This technology excels in precise object detection, proximity sensing, and short-distance navigation, making it indispensable in autonomous vehicles, drones, and robotics applications. Its ability to provide accurate 3D mapping and imaging solutions in real time contributes to its popularity among professionals. Ongoing advancements in sensor technology and data processing algorithms further enhance its importance, driving innovation and adoption across various sectors.

 

China is strategically positioned to lead the LiDAR market, influencing the global trajectory of this revolutionary technology.

 

 China stands at a strategic vantage point to spearhead the LiDAR market, exerting substantial influence over the global trajectory of this groundbreaking technology. With its robust manufacturing capabilities, extensive research and development initiatives, and a burgeoning market for autonomous vehicles and smart infrastructure, China is poised to drive significant innovation and adoption in the LiDAR sector. The country's proactive stance in promoting emerging technologies, coupled with substantial investments in LiDAR research, development, and production infrastructure, further solidifies its position as a key player in shaping the future of this transformative technology on a global scale. As China continues to strengthen its foothold in the LiDAR market, it is expected to be pivotal in accelerating the advancement and widespread adoption of LiDAR solutions across various industries worldwide.

 

Key Player

The global LiDAR market includes companies such as Faro Technologies Inc., Hexagon AB, Vaisala Oyj, Sick AG, Teledyne Technologies Inc., Innoviz Technologies Ltd., LeddarTech Inc., and NV5 Global Inc.

 

Types – Global LiDAR Market breakup in 4 viewpoints:

  1. Terrestrial
  2. Aerial
  3. Mobile
  4. Short Range

 

 

Components – Global LiDAR Market breakup in 5 viewpoints:

  1. LASER
  2. Inertial Navigation System
  3. Camera
  4. GPS GNSS Receiver
  5. MEMS (Micro Electro Mechanical Systems)

 

 

Application – Global LiDAR Market breakup in 6 viewpoints:

  1. Corridor Mapping
  2. Engineering
  3. Environment
  4. Exploration
  5. Advanced Driver Assistance Systems
  6. Others

 

 

Technology – Global LiDAR Market breakup in 3 viewpoints:

  1. 3D
  2. 2D
  3. 1D

 

 

Range – Global LiDAR Market breakup in 3 viewpoints:

  1. Short Range
  2. Medium Range
  3. Long Range

 

 

Country – Global LiDAR Market breakup in 5 viewpoints:

  1. North America

 

1.1    United States

1.2    Canada

 

  1. Europe

 

2.1    France

2.2    Germany

2.3    Italy

2.4    Spain

2.5    United Kingdom

2.6    Belgium

2.7    Netherlands

2.8    Turkey

 

  1. Asia Pacific

 

3.1    China

3.2    Japan

3.3    India

3.4    South Korea

3.5    Thailand

3.6    Malaysia

3.7    Indonesia

3.8    Australia

3.9    New Zealand

 

  1. Latin America

 

4.1    Brazil

4.2    Mexico

4.3    Argentina

 

  1. Middle East & Africa

 

5.1    Saudi Arabia

5.2    UAE

5.3    South Africa

 

 

All the Key players have been covered from 3 Viewpoints:

  • Overview
  • Recent Developments
  • Revenue Analysis

 

 

Company Analysis:

  1. Faro Technologies Inc.
  2. Hexagon AB
  3. Vaisala Oyj
  4. Sick AG
  5. Teledyne Technologies Inc.
  6. Innoviz Technologies Ltd.
  7. LeddarTech Inc.
  8. NV5 Global Inc.

 

Augmented Reality Market: https://www.renub.com/augmented-reality-market-p.php

Smart TV Market: https://www.renub.com/smart-tv-market-p.php

Artificial Intelligence Market: https://www.renub.com/artificial-intelligence-market-p.php

Smartphone Market: https://www.renub.com/smartphone-market-p.php

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

Contact Us:

Renub Research         

Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)

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Yeast Market Surpasses US$ 6.04 Billion in 2023, Projected to Expand at 8.61% CAGR through 2030 ⅼ Renub Research

According to Renub Research, the projected value of the global yeast market is about US$ 10.77 billion via 2030. Yeast, a eukaryotic, microscopic fungus with unmarried oval cells that reproduce through budding, can convert sugar into carbon dioxide and alcohol. It is found in various products, consisting of snack flavorings, bakery objects, alcoholic drinks, meat products, salty foods, sauces, and nutritional dietary supplements. Due to its wealthy diet content and excessive dietary protein levels, yeast is extensively used to provide various meal items.

 

The worldwide yeast market reached US$ 6.04 billion in 2023 and is expected to grow at a CAGR of 8.61% from 2024 to 2030. The increasing worldwide population and the growing food and beverage (F&B) area force the yeast market. Yeast performs a vital function in improving products exceptional aroma, texture, and flavor while accelerating fermentation strategies. Increased intake of bakery objects and alcoholic beverages similarly drives the demand for yeast. Moreover, developing a focus on the dietary blessings of inactive dietary yeast undoubtedly impacts the market, supporting electricity levels, immune function, and glucose sensitivity and improving pores, skin, hair, and nail health. Additionally, yeast is utilized in ethanol manufacturing for biofuels and bioremediation, contributing to market growth. Rising utilization of dietary yeast, especially amongst vegans, and investments in R&D for progressive yeast products additionally make contributions to the tremendous market outlook.

 

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Yeast products, appreciably dietary yeast is gaining reputation for their health benefits and are rich in vital vitamins, nutrients, minerals, and amino acids. This enchantment for health-aware buyer is fueling demand. Yeast also plays an important role in biofuel manufacturing, mainly ethanol fermentation, aligning with the growing emphasis on renewable electricity sources and greenhouse gas reduction will boosts yeast market. Besides the meals and beverage sector, yeast unearths huge business packages in prescription drugs, animal feed, cosmetics, and agriculture, expanding its market reach similarly because of its reliance on yeast for various techniques and products.

 

Dry yeast meets modern consumer demands for convenience, efficiency, and practicality, boasting extended shelf life, accessible storage, and convenient transportation.

 

Dry yeast stands as the undisputed leader in the global yeast market. Numerous factors, including extended shelf life, accessible storage, and convenient transportation, drive its widespread adoption. These qualities align perfectly with the demands of modern consumers seeking practical and efficient solutions. Dry yeast's dominance is further solidified by its versatility, making it suitable for various applications in various industries such as food and beverage, pharmaceuticals, and biotechnology. With its proven track record and numerous advantages, dry yeast remains the preferred choice among consumers and industries worldwide.

 

Yeast's extensive utilization in baking, fermentation, and flavor enhancement firmly establishes its significance within the food industry.

 

Yeast's pivotal role in diverse culinary techniques positions food applications as a leading segment in the global yeast market. Whether it's fermenting dough for bread, enhancing flavors in beverages, or contributing to the fermentation process in brewing, yeast plays a fundamental role in numerous food production processes. Its versatility and ability to impart unique characteristics to food products make it indispensable in the food industry. As consumer demand for quality, flavorful foods continue to rise; yeast remains a crucial ingredient driving innovation and growth in the global food market.

 

A flourishing food and beverage sector and a strong baking tradition drive the robust demand for yeast in the United States.

 

The United States holds a substantial share of the global yeast market thanks to its thriving food and beverage industry and strong baking culture. With a diverse culinary landscape and a penchant for innovative food products, the country's demand for yeast remains consistently high. Additionally, the growing preference for homemade baked goods and artisanal food items further drives yeast consumption. As a result, the United States maintains a prominent position in the global yeast market, contributing significantly to its overall growth and development.

 

Key Players

Key companies in the global yeast market include Dun & Bradstreet Holdings, Conagra Brands, Inc. (U.S.), Danone S.A. (France), ADM (U.S.), Associated British Foods PLC (U.K.), General Mills Inc. (U.S.), Koninklijke DSM N.V., Kerry Group Plc., and Sensient Technologies Corporation.

 

Forms – Global Yeast Market breakup in 4 viewpoints:

  1. Dry Yeast
  2. Instant Yeast
  3. Fresh Yeast
  4. Others

 

Application – Global Yeast Market breakup in 5 viewpoints:

  1. Food
  2. Beverages
  3. Bioethanol
  4. Pharmaceuticals
  5. Feed

 

Countries – Global Yeast Market breakup in 18 viewpoints:

  1. North America

1.1    United States

1.2    Canada

  1. Latin America

2.1    Mexico

2.2    Brazil

  1. Europe

3.1    United Kingdom

3.2    Germany

3.3    France

3.4    Italy

3.5    Spain

3.6    Netherlands

  1. Asia Pacific

4.1    China

4.2    Japan

4.3    India

4.4    South Korea

4.5    Australia

 

  1. Middle East & Africa

5.1    United Arab Emirates

5.2    South Africa

  1. Rest of the World

 

All the Key players have been covered from 3 Viewpoints:

  • Overview
  • Recent Developments
  • Revenue Analysis

 

Companies Analysis:

  1. Dun & Bradstreet Holdings
  2. Conagra Brands, Inc. (US)
  3. Danone SA (France), ADM (U.S)
  4. Associated British Foods PLC (UK)
  5. General Mills Inc. (US)
  6. Koninklijke DSM N.V.
  7. Kerry Group Plc.
  8. Sensient Technologies Corporation.

 

Fast Food Market: https://www.renub.com/fast-food-market-p.php

Tomato Seeds Market: https://www.renub.com/tomato-seeds-market-p.php

Pepperoni Food Market: https://www.renub.com/global-pepperoni-market-p.php

Halal Food Market: https://www.renub.com/halal-food-market-p.php

About the Company: 

Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 7000 syndicated reports and worked on more than 500 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

Contact Us:

Renub Research         

Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)

Email: info@renub.com

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