Gmi Research

  Non-Dairy Ice Cream Market The Non-Dairy Ice Cream Market was valued around USD 512 million in 2019 and projected to expand at a CAGR of 12.6% over the forecast period (2020-2027). The factors driving the growth of Non-Dairy Ice Cream Market includes rise in the lactose intolerant population, growing consumption of ice-creams around the world, increasing emphasis on environment protection and animal welfare. According to the report published by Statista, the ice cream volume production in India has significantly increased from 136.1 million liters in FY 2015 to reach 202 million liters in 2020, which is expected to boost the Non-Dairy Ice Cream Market share in the approaching years. Moreover, the rise in the launches of innovative ice cream products, improvements in the packaging solutions, growing popularity of veganism and increasing number of supermarkets and hypermarkets around the world, are some of the additional factors supplementing the Global Non-Dairy Ice Cream Market...

  Fruit Snacks Market The Fruit Snacks Market is expected to reach USD 9,182 million by the end of 2027, growing at a CAGR of 8.2% over the forecast period (2020-2027). The factors driving the growth of Fruit Snacks Market includes growing demand for ready-to-eat food products around the world, rising popularity of gluten-free-snacks, increasing focus on improving the quality of fruit snacks. According to the report published by Statista, the Global Ready-To-Eat Market is estimated to reach USD 1,471.94 billion by the end of 2028, expanding at a CAGR of 5.4% over the forecast period (2022-2028) which will boost the Fruit Snacks Market share in the approaching years. Moreover, the easy availability of convenience food products at the supermarkets and e-commerce platforms, increasing investments by major corporations on social media marketing, celebrity endorsement of fruit snacks products and rise in the sales of fiber rich products, are some of the additional factors supplement...

  Dog Food and Snacks Market The Dog and Snacks Market is predicted to expand at a robust CAGR over the forecast period (2020-2027). The factors driving the growth of Dog and Snacks Market includes rise in the number of nuclear families, growing emphasis on providing adequate nutritional values to the pets, trending concept of pet humanization and increasing pet dog adoption rates around the world. According to the report published by Statista, the pet dog population rates in India was estimated around 12.58 million in 2014 and is predicted to reach 31.41 million by the end of 2023, which will boost the market growth in the approaching years. Moreover, rising focus on animal welfare, increasing concerns about obesity in pets, growing sales of premium dog food products, innovations in the dog snack products and easy availability pet food items at supermarkets and e-commerce platforms, are some of the additional factors supplementing the Dog Food and Snacks Market share . In additio...

  Beverage Processing Equipment Market The Beverage Processing Equipment Market was valued around USD 19,300 million in 2019, growing at a CAGR of 5% over the forecast period (2020–2027). The factors driving the growth of Beverage Processing Equipment Market includes rise in the consumption of alcohol across the globe, increasing cases of diabetes and obesity and growing demand for low cholesterol beverages. As per the data available at Statista, the alcohol consumption in India was estimated around 4.86 billion liters in 2020 and is predicted to reach 6.21 billion liters by the end of 2024, which is expected to boost the Beverage Processing Equipment Market size in the approaching years. Moreover, the integration of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML) and Internet of Things (IoT) with the beverage processing equipment and rise in the popularity of soft drinks, are some of the additional factors supplementing the Global Beverage Proce...

  Terminal Tractor Market The Terminal Tractor Market was estimated around USD 662 million in 2020 and is expected to grow at a CAGR of 3.3% over the forecast period (2021-2028). The factors driving the growth of Terminal Tractor Market includes increasing application of terminal tractors in loading and unloading materials used in ports and distribution centers, expansion of the e-commerce industry and rise in the number of warehouses around the world. According to the report published by Statista, the E-commerce market in India was estimated at USD 30 billion in 2020 and is predicted to reach USD 200 billion by the end of 2027, which will boost the Terminal Tractor Market size in India in the approaching years. Moreover, the growing demand for energy efficient and autonomous tractors, rising trend of digitalization, increase in the trading activities around the world and growing popularity of electric terminal tractors, are some of the additional factors supplementing the market...

  Vegetable Oils Market The Vegetable Oils Market is anticipated to reach USD 315 billion by the end of 2028, growing at a CAGR of 7.0% over the forecast period (2021-2028). The factors driving the growth of Vegetable Oils Marke t includes increasing consumers preference for vegetable oil over olive oil, rise in the number of cardiovascular diseases around the world and growing awareness about the health benefits of vegetable oil. According to the report published by Center for Disease Control and Prevention, health diseases emerged the as the leading cause of death in the United States, in 2020 around 697,000 people in the U.S. died from heart disease, which pushing the demand for vegetable oils in the United States. Moreover, the increasing application of biodiesel in the Aerospace, Aviation and Automotive industries, growing popularity of organic and processed vegetable oils and rising adoption of vegetable oils in quick service restaurants and cafes across the globe, are some...

  Building Information Modelling Extraction Software The Building Information Modelling Extraction Software Market is estimated to reach USD 13,639 million by the end of 2028, expanding at a CAGR of 12.9% over the forecast period (2021-2028). The factors driven the growth of Building Information Modelling Extraction (BIM) Software Market includes rising trend of Work from Home (WFH), emerging need for smart hospital management, rise in the number of residential apartments and educational institutes and rapid growth in the construction activities around the world. According to the report published by Statista, the Global Construction Market was valued around USD 6.4 trillion in 2020 and is projected to reach USD 14.4 trillion by the end of 2030, which is expected to boost the market size the approaching years. Moreover, the increasing investments by Governments on smart city projects, growing adoption of advanced technologies such as Artificial Intelligence (AI) and Internet of Thi...

  Livestock Farm Equipment Market The Livestock Farm Market was estimated USD 17,023 million in 2020 and is predicted to grow at a 3.8% over the forecast period (2021-2028). The factors driving the growth of Livestock Farm Market includes rise in the consumption of meat and dairy products around the world, growing demand for woolen products and leather goods and increase in the spending on agriculture equipment around the world. According to the report published by Statista, the Meat Market in India is estimated to reach USD 28.21 billion by the end of 2022, expanding at a CAGR of 11.34% over the forecast period (2022-2027), which will boost the Livestock Farm Equipment Market size in India in the approaching years. Moreover, the growing use of sensors and smart radio-frequency identification (RFID) tags by farmers to track the animals and emerging need to adopt automated technologies in the animal husbandry processes, are some of the additional factors supplementing the Livestoc...

  Ampoules Market The Ampoules Market is anticipated to grow at a significant CAGR during the forecast period (2021-2028). The factors driving the growth of Ampoules Market includes increasing use of ampoules in the end-use industries such as Food & Beverage, and Pharmaceutical and rise in the number of chronic diseases such as Diabetes and high Blood Pressure around the world. According to the report published by World Health Organization (WHO), almost 1.5 million people globally died due to diabetes in 2019 and the number of people suffering from diabetes worldwide is estimated to rise from 463 million to 700 million by the end of 2045, which is pushing the companies to use parental packaging. Moreover, emerging demand for biologics and vaccines, growing popularity of injection therapies, rising emphasis on improving the packaging practices and increasing production of plastic vials, are some of the additional factors supplementing the Ampoules Market Growth . In addition, t...

  Folding Carton Packaging Market The Folding Carton Packaging Market is estimated to grow at a robust CAGR over the forecast period (2020-2027). The factors driving the growth of Folding Carton Packaging Market includes rise in demand for frozen foods and cigarettes, rapid growth in the Food and Beverages industry, increasing consumers preference for biodegradable packaging over plastic packaging. According to the report published by Statista, the Global Frozen Food Market was valued around USD 283.92 billion in 2020 and is predicted to reach USD 366.3 billion by the end of 2026, which will boost the Folding Carton Packaging Market size in the approaching years. Moreover, rise in the sales of ready-to-eat products through e-commerce platform, increasing awareness about safety, Government regulations regarding the use of single plastic and growing adoption of Anti-counterfeit technologies such as RFID and embedded barcode, by the major corporations are further propelling the mark...

  Aircraft Nacelle Market The Aircraft Nacelle Market was valued around USD 1,530 million in 2020 and is projected to grow at a robust CAGR over the forecast period (2021-2028). The factors driving the growth of Aircraft Nacelle Market includes rise in the air passenger traffic around the world, growing use of aircraft nacelles in commercial aircraft and business jets and increasing demand for fuel-efficient and noise-reducing nacelles. According to the report published by Bloomberg, the Global Commercial Aircraft Market is estimated to reach USD 192.76 billion by the end of 2030, expanding at a CAGR of 4.2% over the forecast period (2021-2028), which will boost the Aircraft Nacelle Market size in the approaching years. Moreover, the increasing Government budget on defense and military sector to procure advanced military aircrafts, growing adoption of additive manufacturing technology to produce nacelle systems and rapid growth in the travel and tourism industry, are some of the ...

  Medical Foods Market The Medical Foods Market was valued at USD 19,215 million in 2019 and is expected to grow at a CAGR of 5.2% over the forecast period (2020-2027). The factors driving the growth of Medical Foods Market includes rising geriatric population, increasing cases of chronic diseases such as diabetes, cardiovascular diseases and lung cancer, growing inclinations amongst consumers for adopting healthy lifestyles. According to the report published by World Health Organization (WHO), the population aged 60 years and over is estimated to rise from 1 billion in 2020 to 2.1 billion by the end of 2050, which will boost the demand for medical food products in the approaching years. Moreover, the growing awareness about clinical nutrition, easy availability of medicinal foods on online platforms, rising demand for immunity boosting products and rapid growth in the pharmaceutical industry, are some of the additional factors supplementing the Medical Foods Market share . In add...

  Energy Harvesting System Market The Energy Harvesting System Market is estimated to grow at a significant CAGR over the forecast period (2020-2027). The factors driving the growth of Energy Harvesting System Market includes growing emphasis on utilizing green energy, increasing number of smart cities, rising consumption of energy around the world and emerging demand for power efficient harvesting systems. According to the report published by Barclays, the Smart Cities are expected to generate around USD 20 trillion in the economic benefits by the end of 2026, which is expected to boost the Energy Harvesting System Market size in the approaching years. Moreover, the integration of advanced technologies such as Machine Learning, Artificial Intelligence (AI) and Internet of Things (IoT) with the energy harvesting systems, rising concerns related to greenhouse gas emissions and climate change and increasing investments by leading players on research and development, are some of t...

  Structured Cabling Market The Structured Cabling Market is estimated to expand at a robust CAGR over the forecast period (2020-2027). The factors driving the growth of Structured Cabling Market includes growing demand for high-speed connectivity devices, improvements in the broadband infrastructure, increasing number of internet users around the world and the expansion of IT & telecommunication industry. According to the report published by Statista, the active number of internet users in India were valued around 622 million in 2020 and are further predicted to reach 900 million by the end of 2025, which is expected to boost the Structured Cabling Market share in the approaching years. Moreover, the increasing penetration of data centers, technological advancements in structured cabling and growing investments by leading players on research and development, are some of the additional factors supplementing the market growth. In addition, the increasing Government expenditure...

  Managed Print Services Market The Managed Print Services Market is estimated to reach USD 70 billion by 2027, growing at a CAGR of 8.2% over the forecast period (2020-2027). The factors driving the growth of Managed Print Services Market includes digital transformation across the industry verticals such as Banking, Financial Services, and Insurance (BFSI), Healthcare and Telecommunication, emerging need to reduce paper wastage and growing trend of Bring Your-Own Device (BYOD). According to the report published by Environmental Paper Network, the consumption of paper worldwide has drastically increased by 400% over the last four decades, on an average a citizen in the United States uses more than 700 pounds of paper every year, which will boost the Managed Print Services Market Growth in the approaching years. Moreover, the growing adoption of Cloud Computing and Big Data Analytics by the major organizations, increasing investments by the leading players on research and developm...

  Wi-Fi Analytics Market The Wi-Fi Analytics Market was valued at USD 5,120 Million in 2019 and is projected to expand at a CAGR of 25.6% over the forecast period (2020-2027). The factors driving the growth of Wi-Fi Analytics Market includes increasing penetration of smartphone and tablets, improvements in network connectivity and rise in the number of public WIFI hotspots. According to the report published by The Economic Times, in 2019 around 3.06 lakh Public Wi-Fi hotspots were calculated in India and this figure is predicted to reach 21 lakhs by 2021, which is expected to boost the Wi-Fi Analytics Market share in India in the approaching years. Moreover, the growing adoption of Internet of Things (IoT) and mobile-connected smart objects, rising demand for cloud-based applications and services and increase in the construction of smart cities across the globe, are some of the additional factors supplementing the Wi-Fi Analytics Market size . In addition, the increasing use of W...

  Outdoor Power Equipment Market The Outdoor Power Equipment Market is estimated to reach USD 29,105 million by the end of 2027, expanding at a CGAR of CAGR of 3.7% over the forecast period (2020-2027). The factors driving the growth of Outdoor Power Equipment Market includes rapid growth in the construction sector, growing demand for landscaping services and increase in the number of smart cities around the world. According to the report published by Statista, the revenue earned from landscaping services in the United States has increased from USD 105.35 billion in 2020 to reach around USD 114.6 billion in 2021, which is expected to boost the Outdoor Power Equipment Market size in the approaching years. Moreover, increasing sales of outdoor power equipment through e-commerce platforms, growing popularity of automated outdoor products such as Robotic lawn mower and rise in the lawn beautification activities, are some of the additional factors supplementing the Global Outdoor Po...

  Sports Drink Market The Sports drink Market is anticipated to reach USD 33,697 million by 2027, growing at a CAGR of 7.3% over the forecast period (2020-2027). The factors driving the growth of Sports drink Market includes growing demand for functional beverages, rise in consumption of sports drink by athletes and increasing awareness amongst consumers about the nutritional benefits of sports drinks.  According to the report published by Bloomberg, the Global Functional Beverages Market is anticipated to reach USD 145,146.05 million by the end of 2028, growing at a CAGR of 7.8% over the forecast period (2021-2028), which is expected to boost the Global Sports Drink Market in the approaching years. Moreover, the increasing availability of sports drinks at e-commerce platforms and supermarkets, growing emphasis on using natural ingredients and rising inclination of millennials towards sports related activities, are some of the additional factors supplementing the Sports Drink...