Gmi Research

  Passenger Security Market The Passenger Security Market is expected to grow at a faster CAGR over the forecast period (2020-2027). The factors driving the growth of Passenger Security Market includes rise in the air passenger traffic, expansion of the tourism industry, increasing deployment of passenger security systems in the public places such as malls, seaports, and airports for scanning passenger’s baggage. As per the Statista Mobility Market Outlook, the Global Travel and Tourism Market was estimated around USD 400 million in 2020 and this figure is predicted to surpass USD 600 million by the end of 2026, which will boost the Passenger Security Market size in the approaching years. Moreover, the growing influence of terrorism activities around the world, rising adoption of advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT) and increasing Government expenditure on the infrastructure projects, are some of the additional factors supplement...

  Lactose-Free Dairy Products Market The Lactose-Free Dairy Products Market is expected to reach USD 23476 million by the end of 2027, growing at a CAGR of 6.4% over the forecast period (2020-2027). The factors driving the growth of Lactose-Free Dairy Products Market includes growing demand for organic food and beverages, rise in the lactose intolerant population, and increase in the consumption of hazelnut milk around the world. According to the report published by Statista, the Global Milk Substitute Market was calculated around USD 5.02 billion in 2016 and is further projected to reach USD 11.72 billion by the end of 2026, which is expected to boost the market growth in the approaching years. Moreover, increasing consumers preference for dairy products over processed meat food, availability of lactose free dairy products at the e-commerce platforms, rise in the launches of innovative launches by the ice-cream companies and growing awareness about the benefits of lactose-free da...

  Aircraft Seat Actuation System Market The Aircraft Seat Actuation System Market is estimated to grow at a higher CAGR over the forecast period (2020-2027). The factors driving the growth of Aircraft Seat Actuation System Market includes growing demand for lightweight aircraft, rise in the air passenger traffic, emerging need to upgrade the existing aircrafts and increasing popularity of luxury air travel around the world. According to the report published by Bloomberg, the Global Luxury Travel Market is predicted to reach USD 39,300 million by the end of 2028, exhibiting a CAGR of 8.4% over the forecast period (2022–2028), which will boost the Aircraft Seat Actuation System Market share in the approaching years. Moreover, technological innovations in the seat design by the manufacturers, increasing use of additive manufacturing to reduce the cost of lightweight motors and rise in Government’s expenditure on the procurement of advanced military aircraft, are some of the addition...

  Organic Lamb Market The Organic Lamb Market is predicted to expand at a significant CAGR over the forecast period (2020-2027). The factors driving the growth of Organic Lamb Market includes growing demand for organic food products around the world, rising awareness amongst consumers about the benefits of organic lamb products and increasing preference for farm-fresh food. According to the report published by Bloomberg, the Global Organic Food Market is anticipated to reach USD 272.18 billion by the end of 2027, growing at a CAGR of 12.2% over the forecast period (2020-2027), which will boost the market growth in the approaching years. Moreover, the technological advancements in the packaging techniques, rise in the number of online grocery stores and e-commerce platforms and increasing consumers inclination towards adopting health lifestyles, are some of the additional factors supplementing the market growth. As per the Global Organic Lamb Market Research Report , the increasing...

  Textiles Market The Textile Market was estimated around USD 957.3 billion in 2020 and is expected to reach USD 1,350.9 billion by the end of 2028, expanding at a CAGR of 4.4% during the forecast period (2021-2028). The factors driving the growth of Textile Market includes expansion of the e-commerce industry, rise in the construction of bridges, buildings, and roads, increasing use of natural fibers in the manufacturing of garments and apparels and growing adoption of technical textiles in the farming activities around the world. According to the report published by Statista, the Global Apparel Market was estimated around USD 1.5 trillion in 2021, and is predicted to reach USD 2 trillion by the end of 2026, which will boost the Global Textile Market in the approaching years. Moreover, the trending concept of smart textiles, innovations in the tech-infused wears, increasing application of textiles in the transportation and medical sector and rise in Free Trade Agreements (FTA) ac...

  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...