Almond Milk Market Size Is Estimated To Reach $13.3 Billion By 2025

The global almond milk market size is expected to reach USD 13.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 14.3% over the forecast period. Changing consumer lifestyle and rising health awareness about diabetes and obesity are the key factors driving the market.

Almond milk is a plant-based product, which serves as an alternative to animal milk. Consumers are shifting their focus towards adopting such dairy alternatives due to growing vegan population globally. This product has emerged as a booming segment in the market apart from soy milk. It is used as a main ingredient for preparing food such as frozen desserts and beverages like milkshakes.

Increasing use of organic ingredients such as almond milk in personal care products is boosting the growth of the market. This plant based product is rich in fatty acids such as omega-3 and also a great source of vitamin E, which is crucial in keeping the skin hydrated and fed. Companies such as Bodyshop, P&G, and Unilever use this liquid as their main ingredient to formulate hair care and skin care products for their global consumers.

Inflated demand for almond milk, particularly in the beverage segment, can be attributed to rising cases of lactose intolerance among the consumers of Europe, thus driving the market in the region. For instance, companies like Oatly and Califia Farms have introduced flavored almond beverage as a substitute for dairy beverages, which is soy-free, gluten free, vegan, and does not curdle when mixed with tea. Along with its major applications, this product is also used in the bakery, brewery, and chocolate industries. For instance, Baileys launched Almande Irish Cream Liqueur for its vegan consumers made from this plant milk.

Asia Pacific occupies the largest share in the global market due to high demand from the lactose intolerant population of China and other countries in East Asia. The market in Asia Pacific is anticipated to expand at a CAGR of 15.0% from 2019 to 2025 due to rising disposable income and growing consumer preferences for the product.

Full Research Report On Almond Milk Market Visit Here: https://www.grandviewresearch.com/industry-analysis/almond-milk-market

Almond Milk Market Report Highlights

• Asia Pacific dominated the global market in 2018 and constituted 30.8% share of the overall revenue. This trend is projected to continue over the next few years. The market in Europe is projected to generate a revenue of USD 2.8 billion by 2025
• Other applications majorly comprise bakery, brewery, and chocolate and are projected to exhibit constant growth in the next few years
• Adoption and consumption of almond milk as a dairy substitute and dietary supplement is increasing due to surge in the number of obese people in countries like U.S. and South Africa
• The industry is highly competitive due to presence of the main players including Daiya Foods Inc.; Hain Celestial Group; Whitewave Foods; Sunopta Inc.; Blue Diamond Growers; Galaxy Nutritional Foods, Inc.; and Tofutti Brands Inc.                                                  

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Almond Milk Market Segmentation

Grand View Research has segmented the global almond milk market on the basis of application, distribution channel, and region:

Almond Milk Application Outlook (Revenue, USD Billion, 2015 - 2025)

• Beverages
• Frozen Desserts
• Personal Care
• Others

Almond Milk Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Hypermarkets & Supermarkets
• Convenience Stores
• Online

Almond Milk Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• India
• China
• Central & South America
• Middle East & Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Outdoor Furniture Market Size Is Anticipated To Reach $25.0 Billion By 2025

The global outdoor furniture market size is expected to reach USD 25.0 billion by 2025, according to a new report by Grand view research, Inc., expanding at a CAGR of 5.9% over the forecast period. Surge in the number of hotels and resorts, increasing consumer spending power, and growing trend of traveling are some of the key factors responsible for the growth of the industry.

The commercial sector is anticipated to register a CAGR of 6.2% in the forecast period. Developing countries like Malaysia, Thailand, and Singapore have been the favourite destinations for traveling. Increase in the number of hotels and resorts in these countries has led to a surge in the product demand. In 2016, Thailand witnessed over 32.6 million international visitors.

On the basis of material type, wood dominated the market in 2018 with more than 60% share and is anticipated to witness significant growth in the forecast period. Easy availability, natural and rich look, durability, and comfort are some of the key factors driving the demand for wooden furniture among consumers.

Plastic accounted for more than 20.0% share of the overall revenue in 2018. The consumer groups with an economic budget prefer plastic furniture due to low maintenance, light weight, and low cost. However, manufacturers are shifting towards eco-friendly materials and thus, impacting the growth of the plastic segment as a material type.

Asia Pacific is a prominent regional market due to growing commercial sector and increasing adoption of western culture. The region is expected to expand at a CAGR of 6.3% in the forecast period. Europe is the fastest growing regional market, progressing at a CAGR of 8.4% in the forecast period.

Full Research Report On Outdoor Furniture Market Visit Here: https://www.grandviewresearch.com/industry-analysis/outdoor-furniture-market

Further key findings from the study suggest:

• In terms of revenue,wood as a material type is projected to expand at a CAGR of 6.0% over the forecast period
• Based on the end use, the residential segment dominates the market owing to growing population, increasing per capita income, and changing lifestyle
• The commercial segment is the fastest growing segment, expanding at a CAGR of 6.2% in the forecast period. Growing tourism has led to an increase in the number of hotels and resorts, thus positively influencing the segment growth.

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Grand View Research has segmented the global outdoor furniture market on the basis of material type, end use, and region:

Outdoor Furniture Material Type Outlook (Revenue, USD Billion, 2015 - 2025)

• Wood
• Plastic
• Metal

Outdoor Furniture End-use Outlook (Revenue, USD Billion, 2015 - 2025)

• Commercial
• Residential

Outdoor Furniture Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• MEA
• UAE
• CSA
• Brazil

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Port Wine Market Size Is Predicted To Reach $825.68 million By 2025

The global port wine market size is estimated reach USD 825.68 million by 2025 expanding at a CAGR of 4.0%, according to a new report by Grand View Research, Inc. Increased consumption of alcohol, awareness about the health benefits of port wine, and rising disposable income are among the prominent factors propelling the product demand. Red wine is the most preferred by consumers. It accounts for more than 60% of the global market share.

Increasing awareness about the health benefits of red wine, such as reduced risk of heart disease, is the key factor responsible for the segment’s largest share in the market. The red wine is prepared from the grape skin and thus is rich in organic compounds and has tannins and resveratrol, which are good for health. Therefore, red wine is the dominant segment and will witness a significant growth over the years to come.

Among the different types of port wines, ruby wine is the most preferred due to its low price and easy availability. This type of wine is aged for 2 or less years thus, costs less. Tawny wine is witnessing the fastest growth as young consumers prefer quality over quantity with the factor of cost-effectiveness. The vintage wines are very rare and are aged for 10 to 40 years and are very costly.

The manufacturers conduct auctions for increasing sales and awareness about the vintage wines. The online distribution channel is expected to grow at the faster rate over the forecast period. Increasing usage of internet, hassle-free transactions, and faster delivery are the prominent factors responsible for the segment growth. Consumers in non-metro cities are also using the online platform, thus fuelling the growth of online distribution channel.

Full Research Report On Port Wine Market Visit Here: https://www.grandviewresearch.com/industry-analysis/port-wine-market

Further key finding from the report suggests:

• Red wine type led the global port wine market due to its health benefits and taste
• The maximum revenue was generated from Europe due to tradition as well as higher consumption. Moreover, most of the key product manufacturers are based in Europe
• Ruby port wine is likely to lead the market in the forecasted period due to its low price and easy availability
• However, the tawny segment will witness the fastest growth from 2019 to 2025 due to increasing income levels

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Grand View Research has segmented the global port wine market on the basis of nature, type, distribution channel, and region:

Port Wine Nature Outlook (Revenue, USD Billion, 2015 - 2025)

• Red
• White

Port Wine Distribution Outlook (Revenue, USD Billion, 2015 - 2025)

• Online
• Store-based

Port Wine Type Outlook (Revenue, USD Billion, 2015 - 2025)

• Ruby
• Tawny
• Vintage

Port Wine Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• U.S.
• Canada
• Europe
• Spain
• U.K.
• Asia Pacific
• China
• Rest of the world
• South Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Sports Supplement Market Size Is Estimated To Reach $43.3 Billion By 2025

The global sports supplement market size is anticipated to reach USD 43.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.2% over the forecast period. Increasing number of health clubs and fitness centers and urbanization are the key driving factors in the market. Some of the important trends observed in the market are growing demand for caffeine-free products and increasing investment by the companies in product development.

Demand for supplements has increased globally due to growing health concerns. Moreover, the need for sports supplements has been increasing from the past few years. Earlier athletics and sports activities were limited to teenage and young people. However, from the last few years, it has been observed that participation of children in such activities has been increasing. Parents are also supporting their children to participate in sports events to promote their overall development, thereby encouraging the growth of the market.

Protein powder is the largest product segment in the market and expected to generate a revenue of around USD 29.68 billion by 2025. Protein-based powders are one of the most common sports supplements with 1,174 brand variants and a total of 411 brands captured by Lumina Intelligence. This product category also attracted the most customer reviews, with a global total of 1.62 million and an average of 940 reviews per product.

Protein bar is expected to witness rapid growth over the forecast period, registering a CAGR of 10.3%. Shifting consumer inclination towards fruit and nut bars is expected to increase the product demand in the foreseeable future.Common supplements to increase an athlete's energy are Guarana, Vitamin, Asian ginseng, B12, and Caffeine. Caffeine, one of the favorite energy drinks, can be found in different forms such as tablets or capsules, pills, and in common beverages like tea and coffee.

The online distribution channel is expected to witness significant growth in the market. In 2018, North America was the leading revenue contributor in the market, accounting for 34.8% share of the overall revenue. Increasing number of health and fitness centers and gyms, growing health awareness, and changing consumer preferences for protein products are some of the primary reasons for the market growth in the region.

Asia Pacific is anticipated to emerge as the fastest growing regional market and exhibit a CAGR of 12.4% during the forecast period. This is attributed to growing health and fitness awareness, rising disposable income, and increasing number of global retailers in the region.

Some of the key players operating in the market are Glanbia Plc.; Plethico Pharmaceuticals Limited; GNC Holdings, Inc.; Universal Nutritio; and NBTY. Other key players in the market are Scitec Nutrition, Creative Edge Nutrition, Enervit S.p.A., Herbalife Ltd., and MaxiNutrition.

Full Research Report On Sports Supplement Market Visit Here: https://www.grandviewresearch.com/industry-analysis/sports-supplement-market

Further key findings from the study suggest:

• In terms of revenue, the powder product segment dominated the global market in 2018 and is projected to expand at a CAGR of 11.7% over the forecast period
• North America dominated the global market in 2018 and constituted more than 34.0% share of the overall revenue. This trend is projected to resume over the next few years
• The industry is highly competitive due to the presence of key players including Glanbia Plc.; Plethico Pharmaceuticals Limited; GNC Holdings, Inc.; Universal Nutrition; and NBTY
• Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

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

Sports SupplementSource Outlook (Revenue, USD Million, 2015 - 2025)

• Animal Based
• Plant Based

Sports SupplementProduct Outlook (Revenue, USD Million, 2015 - 2025)

• Capsule/Tablets
• Powder
• Liquid
• Bar

Sports SupplementDistribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online 

Sports SupplementRegional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• U.S.
• Europe
• Germany
• Asia Pacific
• India
• China
• Japan
• Central & South America
• Brazil
• Middle East & Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Cocoa Beans Market Size Is Predicted To Reach $16.32 Billion By 2025

The global cocoa beans market size is expected to reach USD 16.32 billion by 2025 registering a CAGR of 7.3%, according to a new report by Grand View Research, Inc. Growing popularity of cocoa beans as polyphenolic functional ingredient on account of their health benefits, such as reduced inflammation and risk of Cardiovascular Diseases (CVDs), better blood circulation, and improved cholesterol levels, is projected to remain a favorable factor. Furthermore, increasing usage of organic personal care products due to their long-lasting skin care benefits is expected to boost the demand for cocoa beans in the cosmetics sector, thereby driving the global market.

Increasing usage of cocoa butter as functional ingredient in the formulation of chocolates is also expected to be one of the key factors augmenting market growth. In addition, new product launches in premium categories including dark chocolate by major confectionery firms like Mondelēz International, Inc. is projected to expand the application scope of the product, thereby supporting market growth. On the other hand, pharmaceuticals is expected to remain the fastest-growing application segment with a CAGR of 8.1% from 2019 to 2025.

Full Research Report On Cocoa Beans Market Visit Here: https://www.grandviewresearch.com/industry-analysis/cocoa-beans-market

Further key findings from the study suggest:

• Europe is expected to be the second fastest-growing regional market with a CAGR of 7.9% from 2019 to 2025
• Positive outlook towards confectionery industry in countries including Germany, U.K., and France on account of higher consumption of chocolate (more than 5 kg per annum) is expected to have a positive impact on the region’s growth
• Online channels generated a revenue of USD 1.93 billion in 2018 and is projected to be the fastest-growing distribution channel segment from 2019 to 2025
• Rising popularity of e-commerce portals, such as Amazon and Chocolate Alchemy, due to increasing number of smartphone users is the key factor driving the cocoa beans market growth
• Key companies include The Hershey Company; Cargill, Inc.; The Barry Callebaut Group; Puratos Group; Blommer Chocolate Company; Cemoi; Meiji Holdings Company; United Cocoa Processor, Inc.; and Jindal Cocoa
• Manufacturers are targeting to achieve optimum business growth by implementing innovative strategies including new product development and significant investments in R&D

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

Cocoa Beans Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Butter
• Powder
• Liquor

Cocoa Beans Application Outlook (Revenue, USD Billion, 2015 - 2025)

• Confectionery
• Functional Food & Beverage
• Pharmaceuticals
• Cosmetics

Cocoa Beans Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Online
• Offline

Cocoa Beans Region Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa
• South Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Online Clothing Rental Market Size Is Projected To Reach $2.09 Billion By 2025

The global online clothing rental market size is expected to reach USD 2.09 billion by 2025 and is anticipated to register a CAGR of 9.4% during the forecasted period, according to a new report by Grand View Research, Inc. Changing fashion trends and rising penetration of internet are among the key factors driving the growth.

Women segment leads the market and is expected to expand at a CAGR of more than 9.8% over the forecast period. The trend of not using the same clothes for a long time and creating unique personal style or fashion statement are among the prominent factors driving the grow. Apart from women, the kids segment is also anticipated to witness significant growth in the upcoming years. Rising preference for renting children’s clothes, is expected to positively impact the overall growth.

Renting traditional clothes is found to be the fastest growing segment on the basis of dress code. Younger consumers prefer renting traditional clothes as these cloths are used only on rare occasions. Apart from traditional clothes, the formal segment is also witnessing a significant growth. It is hard to purchase and maintain a variety of formal clothes for the young as well as price-conscious consumers, thus, they prefer renting the clothes.

North America is the leading market for the industry and accounts for nearly 40% of the market share. Europe is the second largest market for online clothing rental. Europe is known for its fashion trends, hence, young consumers want to keep themselves updated with the latest fashion. Thus, they prefer renting instead of buying impacting the overall growth.

Asia Pacific is found to be the fastest growing region due to developing nations such as India and china which accounts for more than 34% of the global population. The increasing awareness about the service, and internet penetration are among the prominent factors for the growth of the industry in the region.

Full Research Report On Online Clothing Rental Market Visit Here: https://www.grandviewresearch.com/industry-analysis/online-clothing-rental-market

Further key finding from the report suggests:

• In terms of revenue, thewomen segment is projected to ascend at a CAGR of 9.8% over the forecast years
• Traditional renting is expected to expand at a CAGR of more than 11.2% during the forecast period
• North America leads with market share of more than 40% and is projected to expand at a significant CAGR in near future
• Some of the key players operating in the online clothing rental market are The Clothing Rental, Flyrobe.com, Rent the Runway, Secoo Holding Limited, Share Wardrobe, Le Tote, Swapdom, Gwynnie Bee, Dress Hire, and StyleLend.

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Grand View Research has segmented the global online clothing rental market on the basis of end use, dress code, and region:

Online Clothing Rental End Use Outlook (Revenue, USD Billion, 2015 - 2025)

• Men
• Women
• Others

Online Clothing Rental Dress Code Outlook (Revenue, USD Billion, 2015 - 2025)

• Formal
• Casual
• Traditional

Online Clothing Rental Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• U.S.
• Mexico
• Europe
• France
• U.K.
• Asia Pacific
• China
• India
• CSA
• Argentina
• MEA
• UAE

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

U.S. Disposable Face Mask Market Size, Share, Future Growth & Trends By 2027

The U.S. disposable face mask market size is anticipated to reach USD 6.21 billion by 2027, expanding at a CAGR of 60.8% over the forecast period, according to a new report by Grand View Research, Inc. The growth is attributed to the rapidly surging number of Covid-19 (coronavirus) cases in the country.

The widespread impact of the novel coronavirus in U.S. has been driving the demand for disposable face masks. According to the Centers for Disease Control and Prevention (CDC), the total number of cases in U.S has reached more than 1.48 million as of May 18, 2020. Many of the small and medium manufacture have also entered in the market to cater to the rapid surge in demand for the product.

Additionally, increasing government spending coupled with ease in the documentation pertaining to manufacturing face mask with immediate effect will immensely help the market growth. For instance, the U.S. government signed an USD 8.3 million emergency spending bill aimed to boost virus-prevention efforts in the country. Furthermore, the enforcement of the Defense Production Act, in order to increase domestic production and distribution of PPEs, is expected to further augment the industry growth over the coming months.

The protective masks segment emerged as the largest product segment and accounted for over 35.0% revenue share in 2019. Protective masks are specially designed to offer the wearer a physical barrier between their mouth and nose, restricting potential contaminants in the environment from entering the body. The mouth and nose are two of the most vulnerable entry points for foreign particles; thus, the demand for these masks has been high in the industrial and medical sectors.

Among applications, the industrial application segment dominated the market for disposable face masks in U.S., with a share of nearly 80% in 2019. The increasing demand for the product in industries such as automotive, construction, and beauty and personal care can be regarded as a major factor driving the product demand in the industrial application segment. The personal use segment, however, is expected to expand at nearly double the CAGR of 85.1% during the forecast period.

The industry is currently characterized by supply shortages, manufacturers ramping up production capacities, and suppliers raising the price of disposable face masks. The hike in prices can be attributed to the rapid surge in demand. For instance, Hatfield and Company, a Texas-based supplier of N95 disposable face masks, has increased the price of its face masks from USD 1 to USD 6. The company sold about 2 million masks to a major U.S. oil company in the early week of March 2020.

Full Research Report On U.S. Disposable Face Mask Market Visit Here: https://www.grandviewresearch.com/industry-analysis/us-disposable-face-mask-market

U.S. Disposable Face Mask Market Report Highlights

• In terms of product, the U.S. non-woven masks segment is expected to hold nearly 38% revenue share by 2027
• The personal use application segment is expected to expand at a CAGR of 85.1% during the forecast period, far outpacing the growth of the industrial segment, to reach a market size of over USD 4 billion by 2027
• In April 2020, 3M, Honeywell International, and a unit of Owens & Minor Inc. received contracts from the U.S. Department of Defense to make 39 million N95 face mask for medical workers. Under the terms of this contract, 3M would receive USD 76 million
• In April 2020, 3M received a contract from the Donald Trump Government to import more than 165 million N95 face masks from its manufacturing unit in China for healthcare workers in U.S over the course of three months

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U.S. Disposable Face Mask Market Segmentation

Grand View Research has segmented the U.S. disposable face masks market on the basis of product, application, distribution channel and states:

U.S. Disposable Face Mask Product Outlook (Revenue, USD Million, 2016 - 2027)

• Protective
• Dust
• Non-woven

U.S. Disposable Face Mask Application Outlook (Revenue, USD Million, 2016 - 2027)

• Industrial
• Personal

U.S. Disposable Face Mask Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)

• Online
• Offline

U.S. Disposable Face Mask States Outlook (Revenue, USD Million, 2016 - 2027)

• California
• Texas
• New York
• Florida
• Illinois
• Pennsylvania

List of Key Players in the U.S. Disposable Face Masks Market

• Honeywell International Inc.
• 3M
• Kimberly Clark Worldwide
• SAS Safety Corp
• Gerson
• KOWA
• Uvex
• Moldex

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com