Biological Safety Testing Products And Services Market Outlook By Product, Application, Test Type, Region And Forecast Till 2030 : Grand View Research Inc.

San Francisco, 29 Feb 2024: The Report Biological Safety Testing Products And Services Market Size, Share & Trends Analysis Report By Product (Reagents & Kits, Services), By Application, By Test Type, By Region, And Segment Forecasts, 2024 – 2030

The global biological safety testing products and services market size is expected to reach USD 9.30 billion by 2030, registering a CAGR of 10.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is predominantly driven by the increasing production of biologics, boosting the demand for highly effective biological safety testing tools. The increasing disease burden is expected to be a major factor responsible for the rising production of biologics, thereby propelling the market growth.

The increasing prevalence of chronic diseases associated with lifestyle, including diabetes and cancer, is a key factor contributing to the rise in drug development and subsequent commercialization. This is expected to increase the need for ensuring & scrutinizing the safety of specialized and targeted therapies, evaluating outcomes, and circumventing probable shortcomings. In addition, biotechnology and pharmaceutical companies are increasingly integrating biological safety testing products and services to produce contamination-free and highly potent biologics to cater to the large number of people suffering from target diseases. Safety testing for viral conditions is proving to be one of the primary concerns of most companies as it is a critical component of manufacturing, chemistry, and control of biologics. This is fueling growth opportunities in the market.

Laboratory-based contamination is leading to the development and refinement of workstations by incorporating biological safety products and services. The increasing need to work with tissue cultures, maintain the sterility of cell lines, and minimize cross-contamination has increased concerns regarding product integrity. Rising involvement by government healthcare organizations for implementing good manufacturing practices and subsequent testing & control at every production stage is expected to widen the scope for growth.

Furthermore, key players operating in the biological safety testing product & services market are constantly focusing on developing novel products and technologies, further expanding their product portfolio, and to meet the rising demand for biological safety testing globally. For instance, in December 2022, -Charles River Laboratories International, Inc. announced the launch of Endosafe Nexus 200, a fully robotic instrument capable of processing both complex or undiluted, serial dilutions for water, in-process, and final product testing, further expanding its endotoxin testing portfolio. The incorporation of automation through robotics has enabled streamlining the quality control process and subsequently improving overall process efficiency.

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Biological Safety Testing Products And Services Market Report Highlights

  • Based on product, the reagents and kits segment held a leading revenue share of over 39.9% in 2023, due to their extensive use in research and clinical laboratories
  • Based on application, the vaccines & therapeutics segment dominated in terms of market share in 2023 and is anticipated to grow at fastest growth rate owing to the increase in disease outbreaks over the years
  • Based on test type, the endotoxin tests segment dominated in terms of the market share of in 2023, owing to the rising prevalence of bacterial infections
  • North America dominated the overall market with a revenue share of 35.13% in 2023, owing to rising research investments in biotechnology and the growing burden of chronic diseases. This anticipates increasing the demand for molecular cytogenetics in the region over the forecast period
  • Asia Pacific is anticipated to grow at the fastest growth rate over the forecast period due to growing healthcare spending and the development of healthcare infrastructure in developing countries like India and China

Biological Safety Testing Products And Services Market Report Scope

Report AttributeDetails
Market size value in 2024USD 5.07 billion
Revenue forecast in 2030USD 9.30 billion
Growth rateCAGR of 10.7% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the Biological Safety Testing Products And Services Market

  • Charles River Laboratories
  • BSL Bioservice
  • Merck KGaA
  • Samsung Biologics
  • Sartorius AG
  • Eurofins Scientific
  • SGS Société Générale de Surveillance SA
  • Thermo Fisher Scientific Inc.
  • BIOMÉRIEUX
  • Lonza

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gRNA Market Overview By Product & Services, gRNA Type, Application, End-use, Region And Forecast To 2030   : Grand View Research Inc.

San Francisco, 29 Feb 2024: The Report gRNA Market Size, Share & Trends Analysis Report By Product & Services (Products, Custom gRNA Synthesis Services), By gRNA Type (Research-Use), By Application, By End-use, By Region, And Segment Forecasts, 2024 – 2030

The global gRNA market size is anticipated to reach USD 1.62 billion by 2030 and it is projected to grow at a CAGR of 18.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising adoption of Next-Generation Sequencing (NGS) is significantly boosting the market. As NGS technologies become more prevalent, they empower researchers and scientists with advanced capabilities for genomic analysis and manipulation. NGS enables high-throughput sequencing of genetic material, allowing for the rapid and cost-effective examination of entire genomes. This efficiency is crucial for gRNA applications, as it facilitates the identification and validation of target genes for genetic manipulation. NGS technologies provide a precise and comprehensive understanding of genomic sequences. This precision is vital for designing gRNAs with high specificity, ensuring accurate targeting of genes during the gene editing process using CRISPR/Cas systems.

Furthermore, the increasing investments by biotechnology and pharmaceutical companies for R&D activities are expected to fuel the market in the coming years. The development of user-friendly and affordable gRNA synthesis kits and services has made CRISPR-Cas9 technology more accessible to researchers of all levels. The continuous discovery of novel applications for CRISPR-Cas9 fuels the demand for gRNA.

Additionally, the launch of new gRNA final products can drive innovation, expand the market reach of players, and accelerate the adoption of gene editing technologies, contributing to the overall growth & advancement of the market. For instance, in October 2023, Synthego, a prominent provider of genome engineering solutions, launched IND-enabling (INDe) gRNAs. This transformative offering marks a significant advancement in the CRISPR-based cell and gRNA preclinical pipeline. By providing researchers with high-quality gRNAs meticulously designed for GLP-regulated preclinical and IND-enabling studies, this product incorporates comprehensive IND-compliant materials and documentation throughout its design and production. Thus, it will drive the market growth.

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gRNA Market Report Highlights

  • On the basis of product & services, the product segment accounted for the largest revenue share of 73.4% in 2023. These products offer high accuracy, efficiency, and specificity in gene editing, making them popular among researchers is one of the primary drivers driving market expansion
  • On the basis of gRNA type, the research-use segment dominated the market share in 2023. A large number of research programs conducted across various research institutes demand research-grade gRNA is driving up demand for this segment
  • On the basis of application, the genome engineering segment dominated the market share in 2023. This growth can be attributed to the increasing demand for advanced genetic tools for research and therapeutic purposes
  • On the basis of end-use, the pharmaceutical & biotechnology companies segment dominated the market share in 2023. The adoption of gRNA in precision medicine by pharmaceutical and biotech companies fuels its market growth as it becomes integral to the development of personalized therapies
  • North America dominated the global industry in 2023 with a revenue share of 52.6% owing to the presence of key market players in the region. The majority of the key companies in this region have been actively involved in R&D activities involving gRNA

gRNA Market Report Scope

Report AttributeDetails
Market size value in 2024USD 581.3 million
Revenue forecast in 2030USD 1.62 billion
Growth rateCAGR of 18.6% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the gRNA Market

  • Thermo Fisher Scientific Inc.
  • Agilent Technologies Inc.
  • System Biosciences, LLC.
  • Jena Bioscience GmbH
  • Merck KGaA
  • GENEWIZ (Azenta Life Sciences)
  • Takara Bio Inc.
  • Synbio Technologies
  • Horizon Discovery Ltd.
  • Synthego

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Asia Pacific Immunohistochemistry Market Scope By Product, Application, End-Use, Country And Forecast To 2030: Grand View Research Inc.

San Francisco, 29 Feb 2024: The Report Asia Pacific Immunohistochemistry Market Size, Share & Trends Analysis Report By Product (Antibodies, Reagents, Equipment, Kits), By Application (Diagnostics, Research), By End-use, By Country, And Segment Forecasts, 2024 – 2030

The Asia Pacific immunohistochemistry market is anticipated to reach USD 837.57 million by 2030 and is projected to grow at a CAGR of 8.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the increasing prevalence of chronic diseases, growing geriatric population, and rising healthcare spending. Moreover, technological advancements in disease diagnosis procedures and techniques are further propelling the growth of the overall Asia Pacific market.

The government and key organizations constantly undertake activities intended to curb cancer-related healthcare expenditure by encouraging patients to undergo regular diagnostic examinations. For instance, in February 2023, Japan International Cooperation Agency (JICA) signed an agreement with the Indian government to extend an ODA loan of above USD 66 million for development of a super-specialty cancer and research center in Mizoram, India. Moreover, in May 2023, Fujitsu conducted a research project in association with Takeda Pharmaceutical Company Limited and the National Cancer Center Japan to analyze the process of recognition, diagnosis, and treatment of ovarian cancer patients. Such favorable initiatives undertaken by government bodies and market players are expected to support the Asia Pacific immunohistochemistry industry growth.

Moreover, aging is associated with a greater risk of infections and autoimmune diseases due to a weakened immune system. According to National Council on Aging’s 2023 statistics, an estimated 95% of older people suffer from at least one chronic disease, such as cancer, heart disease, diabetes, or infectious diseases, and 80% suffer from at least two. Incidence of cancer increases 11-fold for people above 65 years of age in comparison with people below 65 years, as per European Society for Medical Oncology. Immunohistochemistry plays a vital role in disease diagnosis and treatment planning. Thus, the rise in the geriatric population is expected to increase the need for immunohistochemistry techniques.

However, the high cost associated with automated immunohistochemistry instruments poses a significant challenge in pathology and biomedical research. These instruments, designed to enhance efficiency and reproducibility, come with substantial upfront expenses. Initial acquisition cost includes instrument, software, and necessary accessories, making it a financial barrier for smaller laboratories. For instance, an advanced immunohistochemistry instrument costs around USD 85,000 to USD 90,000, which poses a high burden on hospitals and diagnostic laboratories in developing economies.

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Asia Pacific Immunohistochemistry Market Report Highlights

  • Based on product, antibodies dominated the product segment with more than 41.5% share in 2023 owing to their significant use in disease diagnosis and research applications
  • Based on application, research application segment is expected to grow at the fastest CAGR over the forecast period
  • In terms of end use, hospitals and diagnostic laboratories segment held the largest share of the Asia Pacific market in 2023. Increase in the number of cancer cases is a significant factor driving the growth of this segment
  • In terms of end use, research institutes segment is expected to grow at the fastest CAGR over the forecast period owing to rising research and development activities
  • Japan dominated the Asia Pacific market owing to factors such as the increasing prevalence of cancer, high purchasing power parity, government support for quality healthcare, and availability of reimbursement
  • In August 2023, Bio-Rad Laboratories, Inc. launched StarBright Red Dye and expanded its range of antibody markers conjugated to StarBright Dyes which now includes 29 additional cow, dog, human, mouse, and pig targets

Asia Pacific Immunohistochemistry Market Report Scope

Report AttributeDetails
Market size value in 2024USD 506.17 million
Revenue forecast in 2030USD 837.57 million
Growth rateCAGR of 8.8% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the Asia Pacific Immunohistochemistry Market

  • Thermo Fisher Scientific Inc.
  • Hoffmann-La Roche Ltd.
  • Merck KGaA
  • Danaher Corporation
  • PerkinElmer, Inc.
  • Bio-Rad Laboratories, Inc.
  • Cell Signaling Technology, Inc.
  • Bio SB
  • Agilent Technologies, Inc.
  • Abcam plc.
  • HiMedia Laboratories
  • IMGENEX INDIA Pvt. Ltd.
  • Sino Biological, Inc.
  • NICHIREI BIOSCIENCES INC. (NICHIREI CORPORATION)
  • MEDICAL & BIOLOGICAL LABORATORIES CO., LTD.
  • Immuno-Biological Laboratories Co, Ltd.
  • Kyowa Kirin Co., Ltd.
  • Amos Scientific PTY. LTD.
  • PathnSitu Biotechnologies Pvt Ltd

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Gaming Accessories Market Demand By Product, Platform, Distribution Channel, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 29 Feb 2024: The Report Gaming Accessories Market Size, Share & Trends Analysis Report By Product (Gaming Chairs, Controllers, Headsets and Audio Equipment), By Platform, By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030

The global gaming accessories market is expected to reach USD 10.07 billion by 2030 and is anticipated to grow at a CAGR of 6.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. In recent years, the global market has experienced a notable surge, marking a significant shift in consumer preferences and technological advancements. This upswing can be attributed to various factors, including the growing popularity of gaming as a mainstream form of entertainment, the continuous evolution of gaming technology, and the increasing disposable income of consumers worldwide.

Gaming is no longer confined to a niche audience; it has evolved into a widespread cultural phenomenon. The rise of esports, online multiplayer games, and streaming platforms has contributed to the increasing number of gamers across different age groups and demographics. As a result, the demand for high-quality gaming accessories has skyrocketed, ranging from gaming mice and keyboards to virtual reality (VR) headsets.

The technological advancements in the gaming industry have played a pivotal role in shaping the landscape of gaming accessories. With the introduction of cutting-edge gaming consoles, powerful graphics cards, and immersive gaming experiences, consumers are now seeking accessories that complement and enhance their gaming setups. It has led to a surge in demand for accessories such as mechanical keyboards with customizable RGB lighting, high-precision gaming mice, and advanced audio peripherals that deliver an immersive sound experience.

The global market has benefited from the growing mobile gaming trend. Mobile gaming has become a dominant force in the gaming industry with the widespread adoption of smartphones and tablets. As a result, there is an increased demand for portable gaming accessories, such as controllers and headphones designed specifically for mobile devices. Expanding the gaming ecosystem to mobile platforms has opened opportunities for accessory manufacturers to cater to a diverse and ever-expanding consumer base.

The rise of virtual reality (VR) gaming has also contributed significantly to the growth of the market. VR headsets, motion controllers, and haptic feedback devices have become integral to the immersive VR gaming experience. As VR technology continues to evolve, so does the demand for innovative accessories that provide users with a more realistic and engaging gaming environment. It presents a lucrative market for companies investing in developing cutting-edge VR accessories.

Moreover, the market has witnessed a surge in collaborations and partnerships between accessory manufacturers and gaming companies. This trend has resulted in creation of co-branded products and limited-edition accessories that appeal to the dedicated fan bases of popular games and franchises. These collaborations drive sales and gaming community’s excitement and anticipation.

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Gaming Accessories Market Report Highlights

  • The market continues to experience rapid technological advancements, with companies focusing on integrating cutting-edge features such as advanced sensors, haptic feedback, and customizable RGB lighting into their products. This innovation aims to enhance the overall gaming experience
  • With the rise of esports, there is a heightened demand for gaming accessories that cater to the specific needs of professional and competitive gamers. Esports-grade peripherals with features like low-latency connectivity, high-precision sensors, and customizable settings are gaining popularity
  • Brands collaborate with game developers, esports teams, or popular gaming franchises to create co-branded and limited-edition accessories. These collaborations generate excitement within the gaming community and contribute to unique and collectible offerings
  • With the continued development of virtual reality gaming, there is a focus on innovations in VR accessories. It includes VR headsets, motion controllers, and haptic feedback devices that aim to provide a more immersive gaming experience
  • While traditional retail channels remain significant, there is a notable shift towards online platforms and direct-to-consumer sales. E-commerce has become a leading channel for purchasing gaming accessories, offering convenience and a wide selection of products

Gaming Accessories Market Report Scope

Report AttributeDetails
Market size value in 2024USD 6.97 billion
Revenue forecast in 2030USD 10.07 billion
Growth rateCAGR of 6.3% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the Gaming Accessories Market

  • Logitech G
  • Razer, Inc.
  • Corsair
  • SteelSeries 
  • HyperX
  • Thrustmaster
  • Turtle Beach
  • ASUS
  • Xbox
  • Micro-Star INT’L CO., LTD

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Baby Products Market Trends Analysis Report By Product, Type, Distribution Channel, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 29 Feb 2024: The Report Baby Products Market Size, Share & Trends Analysis Report By Product (Cosmetics & Toiletries, Baby Food), By Type, By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030

The global baby products market is expected to reach USD 475.15 billion by 2030, and is expected to grow at a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. One of the primary factors driving market expansion is the shift in consumer preferences toward high-quality, utilitay-driven, and premium baby products. In addition, the significant increase in awareness among parents about baby health and hygiene is also driving market expansion. Many medical practitioners recommend parents to use baby personal care products regularly to nourish their baby’s skin, which boosts market growth.

Many parents are seeking hygienic and moisture-based products, such as creams and wipes, to avoid skin infections and treat diaper rashes. Moreover, parents are seen to be spending more on child care than ever before, especially after the pandemic. For instance, Child Care Aware of America (CCAoA) found that the national annual average price of child care for 2022 was USD 10,853. Moreover, the Move.org figures reported that in April 2021, parents in the District of Columbia are spending 26.3% of their income on infant care, followed by 24.4% in Massachusetts, 21.9% in Indiana, and 21.3% in New York as of March 2021.

The baby safety & convenience segment is projected to grow substantially during the forecast years. A rise in the number of car accidents has been driving the demand for baby car seats that are also fitted with unique features. This feature involves car seats such as anti-rebound bars to keep the seats steady in case of collision and a foam layer with energy absorption. An increasing number of internet users, a fast-paced lifestyle, and the penetration of e-commerce platforms are projected to boost the online distribution of these products. Detailed product descriptions, product comparison features, product ratings & reviews, and easy exchange and refund options further augment sales of baby care products via this channel.

Mass baby products is expected to hold a market share of 74.1% in the market by 2030. Affordability is a key driver for the increased demand for mass baby products. As parents seek cost-effective options without compromising on quality, mass baby products become an attractive choice. These products are often competitively priced, making them accessible to a larger consumer base. Furthermore, the growing emphasis on value for money and the increasing number of price-sensitive consumers have further fueled the demand for mass baby products as parents are looking to seek solutions that meet their baby’s needs without stretching their budgets.

Baby products are sold through various distribution channels such as hypermarkets & supermarkets, specialty stores, pharmacies & drugstores, online, and departmental stores, among others. The sales of baby products through specialty stores is expected to grow at a CAGR of 6.3% from 2024 to 2030. Specialty stores focusing on baby products offer a wide range of specialized items tailored specifically for infants and young children. These stores employ knowledgeable staff who can provide expert advice and guidance to parents, helping them make informed purchasing decisions. The curated product selection ensures that parents have access to high-quality, age-appropriate, and unique baby products.

Moreover, the opening of new specialty stores specifically for infants and toddlers is further expected to augment the market growth. For instance, in April 2023, Babies “R” announced the opening of its first baby store at American Dream in the U.S., scheduled for mid-summer. This new store aims to cater to the needs of new and expecting parents by providing interactive experiences such as a stroller test track. In addition, the store will feature a baby registry lounge, a nursery design center, a learning center for private events and workshops, and a comfortable zone where parents can feed or change their babies.

The Asia Pacific region is expected to grow at a CAGR of 6.6% from 2024 to 2030. The rising population and increasing disposable income in many countries within the region have led to higher spending on baby products. According to the 2022 World Bank data, more than 45% of babies in the age group of 0 years to 24 months reside in the Asia Pacific region, further contributing to the increasing demand for baby products. In the Asia Pacific region, India’s baby products industry is projected to grow at a CAGR of 7.2% over the forecast period. India has a large and growing population, including a significant number of young parents. The increasing number of babies being born in India contributes to the overall demand for baby products. According to the World Mapper statistics of 2022, India registered the highest number of births, reaching 23 million.

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Baby Products Market Report Highlights

  • Asia Pacific held a market share of 43.1% in 2023. Changing lifestyles owing to rising standards of living is the primary factor that is expected to propel the market in the region. Furthermore, consumer awareness regarding nutritional diet for babies and the importance of safety & convenience products is likely to boost regional sales
  • The baby cosmetics & toiletries segment held the largest share of 33.5% in 2023 and is projected to grow at a CAGR of 6.1% from 2024 to 2030. Along with offering benefits such as refreshed skin and instant hydration, these products are hassle-free and easy to use. They provide quick solutions for fighting off issues related to infections, dryness, and diaper rashes. A large number of informed parents are opting for products that contain anti-bacterial, anti-fungal, and antioxidant properties that are beneficial to skin driving the growth of the segment
  • The premium baby products to grow at the fastest CAGR of 7.0% from 2023 to 2030. The increasing disposable income and changing consumer preferences have led to a growing demand for high-quality and premium baby products. Parents are willing to invest more in products that offer superior quality, safety, and comfort for their babies
  • The hypermarkets & supermarkets accounted for a share of 36.8% in 2023. These retail formats offer a wide range of baby products, catering to the diverse needs of parents. They provide a convenient one-stop shopping experience, allowing parents to find everything they need in one place driving the sales of baby products through these channels

Baby Products Market Report Scope

Report AttributeDetails
Market size value in 2024USD 337.61 billion
Revenue forecast in 2030USD 475.15 billion
Growth rateCAGR of 5.9% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the Baby Products Market

  • Johnson & Johnson
  • Kimberly-Clark Corporation
  • The Procter & Gamble Company
  • Unilever
  • Britax
  • Chicco
  • Dorel Industries
  • Beiersdorf AG
  • Fujian Hengan Group
  • Nestlé S.A.

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Yoga Market Trends Analysis Report By Delivery Mode, End-Use, Age Group, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 26 Feb 2024: The Report Yoga Market Size, Share & Trends Analysis Report By Delivery Mode (Online Yoga Course, Offline Yoga Course), By End-use (Male, Female), By Age Group (Below 18 Years, 18-29 Years), By Region, And Segment Forecasts, 2024 – 2030

The global yoga market size is expected to reach USD 200.35 billion by 2030, registering a CAGR of 9.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Consumers are becoming increasingly aware of stress relief and mental health benefits associated with yoga which has led to a shift beyond physical fitness. The surge in health consciousness, coupled with a shift towards holistic lifestyles will drive the market growth. Studies demonstrating the effectiveness of yoga in managing various health conditions have fueled the demand for restorative yoga, therapeutic yoga, prenatal yoga, and hatha yoga. According to the WHO, every year hypertension affects over 1 billion adults worldwide. The population suffering from hypertension accounts for up to 45% of the adult population. By 2025, the number of people with hypertension is expected to increase by 15-20%, reaching almost 1.5 billion.

The integration of technology has allowed the yoga industry to expand its reach. Advancements such as online platforms, mobile apps, virtual reality (VR), and wearable tech have made yoga more accessible, enabling individuals to practice their homes. Moreover, the availability of digital platforms and mobile applications that offer virtual yoga classes has significantly widened access and participation. These platforms offer convenience and accessibility, allowing individuals to practice yoga remotely, access various classes, and learn from renowned instructors regardless of location. For instance, in September 2023, Cult. Fit, an India-based health and fitness brand, announced the launch of Evolve Yoga, a new evidence-based, transformative yoga format designed to enhance flexibility and mobility.

The popularity of yoga among high-profile celebrities and athletes is also influencing public perception and increasing its popularity. Moreover, busy lifestyles and increased stress drive demand for convenient and accessible fitness options like yoga. In addition, there has been an increase in the demand for yoga retreats and vacations focused on yoga. This trend provides tourism destinations with an opportunity to cater to the growing demand for yoga-related travel experiences. According to GWI, the global wellness tourism industry generated USD 651 billion in 2022, and it is expected to grow at a rate of 16.6% annually, with a projected value of USD 1.4 trillion in 2027.

Factors such as busy work schedules and rising disposable incomes in both developed and developing economies are allowing individuals to spend more on their health and well-being. This has led to a rise in investment in yoga classes, retreats, and accessories. In addition, the availability of free online resources, discount studios, and community classes has made yoga accessible to budget-conscious individuals. According to the CDC’s National Diabetes Statistics Report for 2022, around 37.3 million people, or 11.3% of the U.S. population, have diabetes. Research has shown that yoga can effectively improve glycemic control, reduce stress, and enhance overall well-being for individuals with diabetes.

Employers have realized the benefits of yoga in reducing stress, improving employee well-being, and enhancing productivity. This has led to the inclusion of yoga sessions as part of workplace wellness programs. Moreover, yoga studios partner with local organizations to encourage the participation of yoga practitioners and promote community well-being. For instance, in July 2022, CorePower Yoga announced a collaboration with Thompson Hotels to help people maintain fitness and wellness as part of their lifestyle and travel experiences. The rooftop workout classes are rooted in the mindfulness of yoga, and designed to transform the minds and bodies of guests, CorePower Yoga members, and locals.

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Yoga Market Report Highlights

  • Offline yoga course dominated the market in 2023. Offline yoga courses offer the advantage of direct interaction with a qualified yoga instructor who can provide personalized guidance and feedback, aiding in proper form and preventing injuries. These offerings are targeted at specific demographics or focused on specialized areas such as yoga for stress relief, therapeutic yoga, prenatal yoga, and yoga for athletes
  • Demand from male segment is expected to surge in the forecast period. Increasing awareness of its physical and mental benefits led to a significant rise in male participation. Men are becoming more aware of the diverse health benefits of yoga beyond traditional fitness routines. They appreciate yoga for its ability to improve flexibility, build strength, enhance balance, and complement other forms of exercise
  • 30-50 years age group segment held the majority revenue share in 2023. Yoga becomes a means of stress reduction, fitness maintenance, and mental relaxation for individuals within this age bracket. Moreover, increased awareness of the benefits of managing chronic health conditions is supplementing the segment growth
  • Asia Pacific is anticipated to grow with the highest CAGR over the forecast period. This is due to factors such as rising disposable incomes and government initiatives promoting yoga through policies and initiatives for raising awareness of its benefits. Growing middle-class population, particularly in countries including China, India, South Korea, and Japan creates disposable income for premium yoga experiences and wellness activities

Yoga Market Report Scope

Report AttributeDetails
Market size value in 2024USD 116.57 billion
Revenue forecast in 2030USD 200.35 billion
Growth rateCAGR of 9.4% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the Yoga Market

  • CorePower Yoga
  • Honor Yoga
  • Pure Yoga
  • Glo Digital, Inc.
  • YogaOne
  • YogaSix
  • Yoga Pod
  • MoreYoga
  • Power Yoga Canada
  • Flyogi LLC

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Non-alcoholic Beverages Market Demand By Product, Distribution Channel, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 28 Feb 2024: The Report Non-alcoholic Beverages Market Size, Share & Trends Analysis Report By Product (Carbonated Soft Drink, Bottled Water), By Distribution Channel (Food Service, Retail), By Region, And Segment Forecasts, 2024 – 2030

The global non-alcoholic beverages market size is expected to reach USD 1,997.25 billion by 2030, registering a CAGR of 7.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. As consumers become more health-conscious, there is a growing demand for beverages that offer nutritional benefits, such as hydration, and contribute to overall well-being. This trend has shifted the spotlight from traditional sugary and carbonated drinks to healthier and functional beverage options.

Consumers increasingly seek alternatives to sugary sodas and high-calorie beverages, driven by concerns about obesity, diabetes, and other health issues. Non-alcoholic drinks that promote natural ingredients, low or no sugar content, and functional additives such as vitamins, antioxidants, and probiotics are gaining popularity. Companies in the market respond to this demand by innovating and introducing a diverse range of healthier beverage options, including herbal teas, infused water, natural fruit juices, and functional drinks.

The rise of alternative and plant-based ingredients is contributing to the growth of this market. Plant-based beverages, such as almond milk, soy milk, and other dairy alternatives, have gained traction as consumers explore options that align with their dietary preferences, including vegan and lactose-free choices. Health considerations and environmental and ethical concerns drive this shift toward plant-based and alternative ingredients.

The retail stores have become integral to the global economy in recent years. These stores have a competitive advantage in terms of proximity to customers and, in most cases, an extremely loyal customer base. Retail sales growth has thus become a major factor in the growth of the market.

For instance, in 2022, Koios Beverage Corporation, a beverage manufacturer, partnered with McLane Co., a company that buys, sells, and delivers more than 50,000 consumer products to nearly 110,000 locations across the U.S. This helped the former to grow its distribution network for its Fit Soda line (organic, natural soda) in convenience stores and gas stations in the U.S. Furthermore, the company is expanding its footprint in many new markets and regions.

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Non-alcoholic Beverages Market Report Highlights

  • Based on product, the carbonated soft drinks segment dominated the market in 2023. As consumers seek less sugar in beverages, several manufacturers are diversifying their product offerings by providing zero and low-calorie products to prompt growth within this category
  • Based on distribution channel, the retail segment is expected to grow at the fastest CAGR from 2024 to 2030. Several brands are launching innovative products such as mock tails, artisanal sodas, and other non-alcoholic products through retail channels such as supermarkets, convenience, and department stores. These retail channels offer various options to accommodate different tastes and preferences. Moreover, retailers usually dedicate shelf space for non-alcoholic beverages, further increasing their visibility and potential for sales
  • Asia Pacific dominated the overall non-alcoholic beverages industry in 2023. Asia Pacific, particularly in emerging countries, has created a strong demand for non-alcoholic beverages, including energy drinks and fortified juices. The growing awareness of the need for an active lifestyle, given the prevalence of lifestyle diseases, has encouraged consumers to opt for healthy and sugar-free drinks

Non-alcoholic Beverages Market Report Scope

Report AttributeDetails
Market size value in 2024USD 1,303.42 billion
Revenue forecast in 2030USD 1,997.25 billion
Growth rateCAGR of 7.4% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the Non-alcoholic Beverages Market

  • Nestlé
  • PepsiCo
  • Unilever
  • Keurig Dr. Pepper Inc.
  • The Coca-Cola Company
  • Jones Soda Co.
  • Danone S.A
  • Suntory Beverage & Food Ltd
  • Asahi Group Holdings, Ltd.
  • Red Bull 

Access Press Release of Non-alcoholic Beverages Market @ https://www.grandviewresearch.com/press-release/global-nonalcoholic-beverage-market

Low Profile Additives Market Outlook By Product, Function, Application, Region And Forecast Till 2030 : Grand View Research Inc.

San Francisco, 28 Feb 2024: The Report Low Profile Additives Market Size, Share & Trends Analysis Report By Product (PVAc, HDPE, PU), By Function (Anti-shrinkage, Pigmentation), By Application (SMC/BMC, Pultrusion), By Region, And Segment Forecasts, 2024 – 2030

The global low profile additives market size is anticipated to reach USD 1.24 billion by 2030, registering a CAGR of 5.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rapid growth of the end-use industries, such as construction, automotive, and electronics, is expected to drive product demand. Moreover, rising demand for shrink & bulk molding compounds (SMCs/BMCs) pultruded plastics and resin transfer molding (RTM) products in automobiles as well as construction and infrastructural activities is likely to propel product demand in coming years. Products, such as polyvinyl acetate (PVAc), polymethyl methacrylate (PMMA), polystyrene (PS), and high-density polyethylene (HDPE), are used in a variety of applications, such as sheet and bulk molding compounds, pultrusion, and RTM.

Growing end-use industries around the world, particularly in emerging nations, are likely to fuel industry expansion. Key companies maintain a high market competition with the implementation of various strategic initiatives, such as new polymer launch, polymerion expansion, and mergers & acquisitions. For instance, in October 2023, Schaeffler Technologies AG & Co. KG acquired Aerosint SA from Desktop Metal in the U.S., bolstering its market position in additive manufacturing technologies. The new company, Schaeffler Aerosint SA, will be brought into the Schaeffler Group as a new location for Schaeffler Special Machinery.

Moreover, rapidly expanding automotive industry is expected to be a major factor driving the industry growth. Growing demand for sheet molded compounds from the automotive industry, on account of their low weight and surface finish, is anticipated to drive the demand for low profile additives. The demand for sheet molded parts has been increasing due to their application in outer shells of passenger vehicles as they are lightweight and easy to produce. Moreover, sheet molding is economically viable. Producers can reduce expenses in all aspects of the production, such as labor and waste. Such factors are anticipated to have a positive impact on market growth.

Access Research Report of Low Profile Additives Market https://www.grandviewresearch.com/industry-analysis/low-profile-additives-lpa-market

Low Profile Additives Market Report Highlights

  • Growing end-use industries, such as construction, automotive, and electronics, are expected to drive product demand
  • High demand for SMC/BMC pultruded plastics and RTM products in automobiles as well as construction & infrastructural activities will also propel product demand
  • SMC/BMC composite solutions enable the production of lighter components, hence lowering the environmental impact as well as fuel emissions
  • Furthermore, tight tolerances can be generated immediately without the need for post-processing, resulting in not only cost savings but also greater profitability
  • The Asia Pacific regional market is expected to grow considerably owing to the augmentation and modernization of automotive industry coupled with new technological advances
  • Furthermore, several initiatives launched by the governments of various countries in this region to attract investments from international companies are projected to drive region’s growth
  • Key low profile additives include PVAc, PMMA, PS, and HDPE. Advantageous properties of PVAc as a low profile additive, such as improved surface finish and almost-zero shrinkage, will boost its demand in various compounding techniques

Low Profile Additives Market Report Scope

Report AttributeDetails
Market size value in 2024USD 760.26 million
Revenue forecast in 2030USD 1,247.90 million
Growth rateCAGR of 5.2% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players of Low Profile Additives Market

  • Wacker Chemie AG
  • INEOS AG
  • Polynt S.p.A.
  • Vin Industries
  • BASF SE
  • Altana
  • Polychem Limited
  • SWANCOR
  • LyondellBasell Industries Holdings B.V.
  • Aromax Technology Corporation
  • Interplastic Corporation
  • Synthomer PLC
  • AOC, LLC
  • Mechemco
  • Taak Resin Co.
  • NOF Corporation

Access Press Release of Low Profile Additives Market @ https://www.grandviewresearch.com/press-release/global-low-profile-additives-lpa-market

Liver Metastases Treatment Market Demand By Treatment Type, Primary Cancer, Distribution Channel, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 27 Feb 2024: The Report Liver Metastases Treatment Market Size, Share & Trends Analysis Report By Treatment Type (Chemotherapy, Immunotherapy), By Primary Cancer, By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030

The global liver metastases treatment market is expected to reach USD 2.66 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.3% from 2024 to 2030. Rising prevalence of target disease, advanced stage diagnosis for cancer in developing countries, and increasing number of products approvals is expected to drive the industry growth.

Colorectal cancer, breast cancer, and lung cancer are some of the key types that metastasize to the liver. The incidence of colorectal cancer is expected to increase from 1.88 million in 2020 to 2.45 million in 2030. Whereas the incidence of breast cancer is expected to increase from 2.26 million in 2020 to 2.74 million in 2030. The rising incidence of these primary indications is expected to drive space growth.

Majority of the cancer cases in low and middle-income countries are diagnosed at advanced stages where the availability of therapeutic options is low. The lack of availability of early diagnostics methods combined with uncertain reimbursement scenario for diagnostics are major reasons for delayed diagnosis. The advanced/metastatic stage of diagnosis provide lucrative growth opportunities in this space.

On the other hand, if cancers are diagnosed at advanced stages particularly in developing nations and LMICS, the treatment rate at such advanced stages is significantly less, due to unavailability of products and proper reimbursement. This factor is expected to restrain space growth.

Access Research Report of Liver Metastases Treatment Market https://www.grandviewresearch.com/industry-analysis/liver-metastases-treatment-market-report

Liver Metastases Treatment Market Report Highlights

  • By treatment type, the targeted therapy segment dominated the market with a share of 56.52% to the presence of approved drugs with a price higher than traditional chemotherapy.
  • In 2023, colorectal cancer dominated the liver metastases treatment market with a share of 40.55%. Around 25-30% of all colorectal cancers metastasize to the liver. The availability of various treatment options for CCLM further contributed to the segments’ dominance.
  • Based on distribution channel, the market was dominated by the hospital pharmacies segment with a share of 60.07% in 2023. The high rate of hospitalization for the treatment of liver metastases is one of the major factors for the dominance of this segment.
  • By region, North America has a high revenue share in the global liver metastases treatment market in 2023. However, Asia Pacific is expected to be the fastest growing region during the forecast period.

Liver Metastases Treatment Market Report Scope 

Report AttributeDetails
Market size value in 2024USD 1.74 billion
Revenue forecast in 2030USD 2.66 billion
Growth rateCAGR of 7.3% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List Of Key Players in the Liver Metastases Treatment Market

  • Hoffmann-La Roche Ltd.
  • AstraZeneca
  • Eli Lilly and Company
  • Bayer AG
  • Ono Pharmaceutical
  • Pfizer, Inc.
  • Bristol-Myers Squibb Company
  • Cadila Pharmaceuticals Ltd.

Access Press Release of Liver Metastases Treatment Market @ https://www.grandviewresearch.com/press-release/global-liver-metastases-treatment-market

Antibiotic Resistance Market Trends Analysis Report By Disease, Pathogen, Drug Class, Mechanism Of Action, Distribution Channel, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 27 Feb 2024: The Report Antibiotic Resistance Market Size, Share & Trends Analysis Report By Disease (cUTI, CDI), By Pathogen, By Drug Class, By Mechanism of Action, By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030

The global antibiotic resistance market size is expected to reach USD 12.48 billion by 2030, registering a CAGR of 5.27% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rise in the number of antibiotic-resistant infections due to misuse or overuse of antibiotics is a major factor attributing to market growth. Moreover, the increasing patient base across the globe and high costs associated with the treatment of diseases is anticipated to boost the market growth over the forecast period.

The prevalence of gram-negative infections is increasing at an alarming rate. These infections have lesser treatment options available in the market. The high unmet needs result in high demand for new therapies and, therefore, small and medium-sized pharmaceutical companies are actively involved in the development of novel treatment options. Moreover, the government and other organizations are also aiding research activities to drive the development of innovative therapies.

Multiple mid-level biotechnology companies have entered the arena with targeted therapies for antibiotic-resistant infections. Various manufacturers are developing therapies, especially for drug-resistant infections, that target a smaller population subset.

The U.S. government in alliance with BARDA is supporting several companies to boost the development of new therapies for antibiotic-resistant diseases. BARDA has also been associated with pharmaceutical companies such as GSK; Tetraphase; Basilea; Astra Zeneca; and many more. Many countries and international organizations have formed dedicated groups or alliances to monitor and study the pattern of drug-resistant infections.

For instance, the WHO has introduced the Global Antimicrobial Resistance Surveillance System (GLASS) to monitor antibiotic-resistant infections at a global level. Similarly, the Public Health Agency of Canada has introduced the Canadian Antimicrobial Resistance Surveillance System (CARSS) to study drug-resistant infections pattern at the country level.

However, according to a review published by WHO in March 2023, the antibiotics pipeline activities are limited, with only 12 new antibiotics being approved between 2017 and 2021. The review further stated that there are only 27 new candidates under development, out of which only 6 are considered “innovative” enough to be capable of overcoming antibiotic resistance as defined by WHO.

Access Research Report of Antibiotic Resistance Market https://www.grandviewresearch.com/industry-analysis/antibiotic-resistance-market

Antibiotic Resistance Market Report Highlights

  • In 2023, cUTI accounted for the largest market share and is anticipated to maintain its dominance in the global market in the coming years
  • Combination drugs are expected to grow at the fastest CAGR over the forecast period
  • North America dominated the antibiotic resistance industry in 2023. The target goals set by the U.S. national action plan in response to the significant burden of resistant gram-positive and negative infections is the key factor driving the market
  • Asia Pacific is set to witness the fastest growth over the forecast period due to excessive consumption of antibiotics, advancements in technology, and growing awareness about antibiotic resistance testing, treatment, & management of the same.

Antibiotic Resistance Market Report Scope

Report AttributeDetails
Market size value in 2024USD 9.17 billion
Revenue forecast in 2030USD 12.48 billion
Growth rateCAGR of 5.27% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the Antibiotic Resistance Market

  • Melinta Therapeutics
  • Basilea Pharmaceutica Ltd.
  • Tetraphase Pharmaceuticals
  • Theravance Biopharma
  • WOCKHARDT
  • Paratek Pharmaceuticals, Inc.
  • Seres Therapeutics
  • ACHAOGEN, INC.
  • Entasis therapeutics
  • AbbVie
  • Merck & Co. Inc.

Access Press Release of Antibiotic Resistance Market @ https://www.grandviewresearch.com/press-release/global-antibiotic-resistance-market

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