Frozen Food Market Trends Analysis Report By Product, Distribution Channel, Region And Forecast 2030: Grand View Research Inc.

San Francisco, 28 March 2024: The Report Frozen Food Market Size, Share & Trends Analysis Report By Product (Fruits & Vegetables, Potatoes, Ready Meals), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2024 – 2030

The global frozen food market size is expected to reach USD 278.47 billion by 2030, registering a CAGR of 5.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising consumer preference for ready-to-eat food products, which need least preparation and cooking time is the key factor driving the market growth. According to Associated Chamber of Commerce and Industry of India, January 2020 report, 79% of Indian households today prefer to have instant food due to time constraints. Major food manufactures have been ramping up their production capacity as well as improvising the supply change strategies to cater to the unprecedented product demand.

For instance, in August 2020, Marks & Spencer launched a frozen food brand Picard in France. The product line includes brioche, crepes and mini croque monsieurs in flavors of raspberry and macarons. The initiative was undertaken due to growing inclination for the abovementioned products among consumers. According to the ‘The Grocer’ April 2020, product demand spiked up to 263% in the month of March 2020. The ready meals segment held segment the largest share in 2023 and is expected to maintain dominance from 2024 to 2030. Changing food consumption patterns, due to rapid urbanization, is one of the prevalent factors driving the segment growth.

According to an article published in foodprocessing.com, in January 2020, 61% of consumers in the region prefer ready meals while 63% of them actively purchase ‘time and effort-saving’ products. These trends are expected to promote the scope of these products and thus, in turn, will boost market growth over the next few years. The offline segment accounted for the largest share in 2023. The increasing penetration of independent retail giants, such as Walmart and Costco, is boosting product visibility and attracting a larger consumer base. The consumers prefer to physically verify these products before buying, which is driving the sales through this channel. For instance, Amy’s Kitchen offers frozen foods across supermarkets in Canada. The market is highly fragmented with the presence of a large number of global players.

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Frozen Food Market Report Highlights

• The fruits & vegetables segment is projected to register the fastest CAGR from 2024 to 2030
• The online distribution channel segment is anticipated to register a significant CAGR from 2024 to 2030 owning to promising growth exhibited by e-commerce platforms, including Amazon, Walmart, and other such service providers
• Asia Pacific is expected to register the fastest growth rate during the forecast period with brands rolling out frozen foods due to rising number of working class consumers in countries including China and India

Frozen Food Market Report Scope

Report Attribute	Details
Market size value in 2024	USD  203.12 billion
Revenue forecast in 2030	USD 278.47 billion
Growth rate	CAGR of 5.4% from 2024 to 2030
Base year for estimation	2023
Actual	2018 – 2023
Forecast period	2024 – 2030

List of Key Players of Frozen Food Market

• Unilever PLC
• Nestlé S.A.
• General Mills, Inc
• Nomad Foods Ltd.
• Tyson Foods Inc.
• Conagra Brands Inc.
• Wawona Frozen Foods
• Bellisio Parent, LLC
• The Kellogg Company
• The Kraft Heinz Company

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Nutraceuticals Market Outlook By Ingredient, Product, Application, Region And Forecast Till 2030 : Grand View Research Inc.

San Francisco, 28 March 2024: The Report Nutraceuticals Market Size, Share & Trends Analysis Report By Product (Dietary Supplements, Functional Foods, Functional Beverages), By Ingredient, By Application, By Region, And Segment Forecasts, 2024 – 2030

The global nutraceuticals market size is projected to reach USD 599.71 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 9.6% from 2024 to 2030. Rising awareness regarding calorie reduction and weight loss in the major markets including the U.S., China, and India is expected to promote the application of the health and wellness segment and thus, in turn, will have a substantial impact on the industry.

Nutraceuticals are products that provide health advantages and additional nutrition to the human body. It comprises fortified nutrients, such as taurine, CoQ10, omega-3, calcium, zinc, and antioxidants, that develop the complete health of consumers. These nutrients further benefit in averting medical conditions such as hypertension, diabetes, heart diseases, and allergies. As nutraceuticals develop the digestive and immune systems and enhance the cognitive behavior of consumers, their demand is witnessing a surge at the global level.

The increasing trend among consumers to alter dietary habits is likely to boost the demand for nutraceuticals. The consumer belief that improper diet results in an increase in the costs of pharmaceuticals is anticipated to boost the demand for nutraceuticals. This would also help the government as it would result in lesser expenditure on healthcare and low social security costs.

A rise in disposable income, increasing consumer awareness concerning health issues, and rapid urbanization are likely to boost the market growth over the forecast years. A positive outlook towards medical nutrition owing to the high prevalence of weight management programs, along with cardiovascular diseases, is anticipated to propel the product demand.

The rise and evolution of wellness-focused diets such as keto and paleo are driving food producers to cater their products in this direction. Functional food products such as probiotics and omega-3 are highly used in yogurt and fish oils to reduce the risk of cardiovascular diseases and develop the quality of intestinal microflora, which is further projected to fuel the growth of the functional food segment over the coming years.

Access Research Report of Nutraceuticals Market @ https://www.grandviewresearch.com/industry-analysis/nutraceuticals-market

Nutraceuticals Market Report Highlights

• Based on ingredient, in 2023, probiotics held a dominant position in the market; with a share of 27.7% owing to the majority of food manufacturing companies using probiotics as a primary ingredient to provide better nourishment and reduce health problems caused by harmful bacteria
• The vitamins segment captured a significant market share in 2023. The segment is expected to witness significant growth in the coming years
• In terms of product, the functional foods segment dominated the market with a revenue share of 37.65% in 2023. Rising healthcare costs, coupled with the increasing geriatric population across the world, are anticipated to assist the segment growth over the forecast period
• North America held the largest revenue share of over 34.90% in 2023. The growing health concerns amongst consumers and increasing awareness regarding nutraceuticals are likely to be the major drivers of the North America market.
• The market represents a highly competitive landscape. Key market players dominate the market space and have been focusing on various strategic initiatives including mergers & acquisitions, product innovation, and portfolio expansion

Nutraceuticals Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 346.17 billion
Revenue forecast in 2030	USD 599.71 billion
Growth rate (Revenue)	CAGR of 9.6% from 2024 to 2030
Base year for estimation	2023
Historical data	2018 – 2022
Forecast period	2024 – 2030

List of Key Players in the Nutraceuticals Market

• DSM
• Amway
• Pfizer Inc.
• Nestle
• The Kraft Heinz Company
• The Hain Celestial Group, Inc.
• Nature’s Bounty
• General Mills Inc.
• Danone
• Tyson Foods

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Hearing Aids Market Scope By Product Type, Technology, Sales Channel, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 28 March 2024: The Report Hearing Aids Market Size, Share & Trends Analysis Report By Product Type (BTE, Canal Hearing Aids), By Technology (Digital, Analog), By Sales Channel, By Region, And Segment Forecasts, 2024 – 2030

The global hearing aids market size is anticipated to reach USD 12.57 billion by 2030 and it is projected to grow at a CAGR of 6.78% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing adoption of hearing aid devices, and the growing awareness regarding technologically advanced products for the treatment of hearing loss are some of the factors contributing to the market growth. The World Health Organization (WHO) estimates that by 2050, the number of individuals living with disabling hearing impairment will approach 900 million. Besides that, physiological ear aging, hereditary vulnerability, increasing noise exposure, vascular illness, and chronic inflammation are factors that will contribute to increasing incidence of hearing impairments.

Furthermore, rising public awareness regarding audiological impairment through strong government support and audiology devices is anticipated to create an opportunity for new entrants in the market. For instance, the WHO commemorate World Hearing Day on March 3rd each year to promote awareness regarding hearing loss and safe listening.

Key companies in the sector are improving their products via technological innovation, which is likely to boost market growth throughout the forecast period. For instance, in February 2022, Oticon, Inc. extended its product range to make Oticon’s innovative BrainHearing technology accessible. Two new Oticon More miniBTE models have been added to meet the demand for consumers who want compact, inconspicuous behind-the-ear (BTE) choices.

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Hearing Aids Market Report Highlights

• Based on product type, the behind-the-ear hearing aids segment led the market in 2023 with the largest revenue share of 40.0% owing to the ease of handling and technological advances
• Based on product type, the canal hearing aids segment is expected to grow at the fastest CAGR over the forecast period
• Based on technology, the digital technology segment held the largest market revenue share of 93% in 2023 and is anticipated to witness the fastest CAGR over the forecast period
• Europe dominated the global market owing to factors such as an increase in the prevalence of deafness and rising awareness regarding technological advancements
• In December 2022, Sonova acquired Hysound Group, a prominent network of audiological care clinics in China, boasting nearly 200 clinics nationwide. This strategic move substantially expanded Sonova’s retail presence and provided direct consumer access in the Chinese market

Hearing Aids Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 8.48 billion
Revenue forecast in 2030	USD 12.57 billion
Growth rate	CAGR of 6.78% from 2024 to 2030
Base year for estimation	2023
Historical data	2018 – 2022
Forecast period	2024 – 2030

List of Key Players in the Hearing Aids Market

• Audicus
• Audina Hearing Instruments, Inc.
• Eargo, Inc.
• GN Store Nord A/S
• Horentek Hearing Diagnostics
• MDHearing
• SeboTek Hearing Systems, LLC
• Sonova
• Starkey Laboratories, Inc.
• WS Audiology

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GCC Ceramic Tiles Market Demand By Product, Application, End-Use, Country And Forecast To 2030: Grand View Research Inc.

San Francisco, 28 March 2024: The Report GCC Ceramic Tiles Market Size, Share & Trends Analysis Report By Product (Glazed Ceramic Tiles, Porcelain), By Application, By End-use (Residential, Commercial), By Country, And Segment Forecasts, 2024 – 2030

The GCC ceramic tiles market is anticipated to reach USD 15.74 billion by 2030 and is anticipated to expand at a CAGR of 7.3% during the forecast period, according to a new report by Grand View Research, Inc. Rising investment in construction projects by governments of Saudi Arabia, UAE, and Qatar to boost economic growth in their respective countries is expected to drive the construction industry, thereby, augmenting market demand over the forecast period.

Ceramic tiles manufacturing process has highly evolved over the past years. Requirement for high-quality materials with good efficiency levels has developed new firing and pressing technologies. Manufacturers have been trying to create technologies for simple, flexible, and low-cost production of ceramic tiles. Environmental pollution and waste disposal have always been a major concern for the manufacturers. They are now focusing on reducing CO2 emissions and water consumption through improved processing options while manufacturing ceramic tiles.

Wet clays, feldspar, alumina, silica, and sand are some of the most commonly used raw materials during the manufacturing process of ceramic tiles. Key raw material suppliers include Saudi Ceramics, United Mining InvestmentsCo., Carrefour, and Saudi Dolomites. Growing demand for ceramics in automotive and electronics applications is expected to be a key concern for market players. Robust manufacturing base of ceramics in China, India, and Indonesia is expected to promote investments by market players.

Market is expected to witness growth over the forecast period owing to the rapid growth of the construction industry, which can be attributed to the high investments by various governments in companies for developing new residential & commercial complexes and infrastructural projects. In addition, increased emphasis by governments on the construction of new hospitals, educational institutions, and leisure projects is expected to create growth opportunities in the ceramic tiles market.

The market could be more organized to a greater extent as numerous domestic players are operating across GCC. Many small-scale players manufacture and distribute products and cater to wall and flooring applications. These players prefer the supply of ceramic tiles directly to the end market by avoiding distribution channel, thus negatively affecting the value chain.

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GCC Ceramic Tiles Market Report Highlights

• Porcelain tiles led the market, accounting for approximately 51.6% of total revenue in 2023. Porcelain is more rigid and denser than its counterparts and offers better scratch-resistant properties than glazed ceramic tiles. However, the cost of porcelain tiles is higher than other ceramic tiles as they can absorb high moisture and are more hard-wearing.
• Floor tiles application segment dominated the market and accounted for the largest revenue share of about 60.9% in 2023. Production of floor tiles using micro-crystal technology has several advantages, such as lower production cost, excellent aesthetic appeal, corrosion & chemical resistance, acid resistance, and glossy surface.
• Due to increased demand for highly durable and cost-effective ceramic tile-based floorings in high-footfall commercial and industrial sectors, the commercial end-use segment led the market. It accounted for the most significant revenue share of approximately 57.2% in 2023. Ceramic tiles offer excellent durability, affordability, and style. They are suitable for classrooms, computer rooms, corridors, cafeterias, laboratories, hallways, entrance areas, and stairwells of schools, colleges, universities, and professional institutes.
• The rapidly growing population drives the rising construction industry in the country. As per the data published by Worldometer, population of Saudi Arabia was around 36.9 million in 2023, an increase of about 1.48% compared to 2022. Increasing investment by government to improve railways and road infrastructure is expected to boost further the growth of ceramic tiles market in the country over the forecast period.
• Prominent players in market comprise RAK Ceramics, Saudi Ceramics, Al Anwar Ceramic Tiles Co. SAOG, Al Jawdah, and Al Khaleej Ceramics. RAK Ceramics holds a significant market share; the company offers advanced ceramic tiles manufactured with digital printing technology and in various dimensions. Moreover, a dedicated supply channel associated with the company has increased penetration in the ceramic flooring market in the GCC region.

GCC Ceramic Tiles Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 10.29 billion
Revenue forecast in 2030	USD 15.74 billion
Growth rate	CAGR of 7.3% from 2024 to 2030
Base year for estimation	2023
Historical data	2018 – 2022
Forecast period	2024 – 2030

List of Key Players in the GCC Ceramic Tiles Market

• RAK Ceramics
• Porcelanosa Dubai
• Al Jawadah Ceramics
• Forsan Ceramics
• Al Anwar Ceramic Tiles Co. SAO
• Al Maha Ceramics
• Al Khaleej Ceramics
• Saudi Ceramics
• Niceramics
• Arabian Tile Company Ltd.
• FUTURE CERAMICS
• Riyadh Ceramics
• ARABIAN CERAMICS
• Porcellan

Access Press Release of GCC Ceramic Tiles Market @ https://www.grandviewresearch.com/press-release/gcc-ceramic-tiles-market-analysis

Retail Cloud Market Latest Report By Component, Service Model Type, Deployment, Organization Size, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 28 March 2024: The Report Retail Cloud Market Size, Share & Trends Analysis Report By Component (Customer Management), By Service Model Type (SaaS, IaaS, PaaS), By Deployment, By Organization Size, By Region, And Segment Forecasts, 2024 – 2030

The global retail cloud market is anticipated to reach USD 167.82 billion by 2030 and is expected to expand at a CAGR of 18.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Cloud computing significantly impacts the retail industry; it drives innovation through improved inventory management, allowing real-time tracking, identifying stock shortages, and optimizing supply chains, resulting in better customer service, increased sales, and cost reduction. Moreover, cloud-based solutions enable retailers to collect and analyze customer data, delivering personalized recommendations and offers, fostering stronger customer relationships and higher sales. Additionally, retailers can create new sales channels, such as online stores and mobile apps, providing more avenues to reach customers and enhance product accessibility. Furthermore, cloud-based security solutions safeguard critical data, protecting retailers from cyber threats and ensuring a secure digital environment. The widespread adoption of cloud computing is reshaping the retail landscape, bringing greater efficiency and customer satisfaction to the industry.

Cloud computing offers the retail industry a range of advantages, supporting their need to adapt swiftly and outperform competitors. Key benefits include cost savings by reducing IT infrastructure expenses, licensing fees, and maintenance costs. The scalability of cloud solutions enables retailers to flexibly adjust resources based on varying demands, which is ideal for handling seasonal fluctuations. Cloud computing providers also offer robust security measures, safeguarding retailers’ valuable data. Additionally, cloud adoption enhances retailers’ agility, enabling quick responses and adaptability in the ever-changing market landscape. Embracing cloud computing empowers retailers to streamline operations, bolster security, and remain competitive in the dynamic retail sector.

Retailers in North America are increasingly adopting cloud computing due to cost savings through reduced server maintenance and infrastructure expenses, scalability allowing flexible resource management, heightened security provided by cloud providers for safeguarding sensitive customer data, and access to continuous innovation and cutting-edge technologies. As a result, cloud computing is significantly transforming the retail sector in North America, enhancing operational efficiency, customer service, and security measures, ultimately leading to a more customer-centric retail experience. Retail giants such as Walmart, Target, and Best Buy leverage cloud solutions to optimize their supply chain management, personalize marketing campaigns, and improve customer service through chatbots.

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Retail Cloud Market Report Highlights

• The solution segment held the largest market share of over 64.6% in 2023. This is due to the increasing demand for cloud-based solutions to help retailers improve their operations and customer experience.
• The public cloud segment is anticipated to grow substantially over the forecast period. This growth is attributed to the public cloud providers that offer a wide range of services that can be customized to meet the specific needs of retailers.
• The large enterprises segment will likely account for a sizable global market share. Retail cloud solutions allow large enterprises to reduce costs, streamline their operations, and enhance customer experience.  
• Some regions in North America have the most competitive and constantly changing and rising technology improvements in the market. The expanding number of retailers adopting the cloud globally is projected to support market expansion.

Retail Cloud Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 59.95 billion
Revenue forecast in 2030	USD 167.82 billion
Growth Rate	CAGR of 18.7% from 2024 to 2030
Base year for estimation	2023
Historical data	2017 – 2022
Forecast period	2024 – 2030

List of Key Companies in the Retail Cloud Market

• Amazon Web Services, Inc.
• Cisco Systems, Inc.
• Cognizant
• Fujitsu
• Google LLC
• IBM Corporation
• Oracle
• Salesforce, Inc.
• SAP SE

Access Press Release of Retail Cloud Market @ https://www.grandviewresearch.com/press-release/global-retail-cloud-market

Cloud-based Quantum Computing Market Segmented On The Basis Of Solution, Technology, Application, Vertical, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 28 March 2024: The Report Cloud-based Quantum Computing Market Size, Share & Trends Analysis Report By Solution (Software, Services), By Technology, By Application, By Verticals, By Region, And Segment Forecasts, 2024 – 2030

The global cloud-based quantum computing market size is anticipated to reach USD 2.21 billion by 2030 and is anticipated to expand at a CAGR of 20.5% during the forecast period, according to a new report by Grand View Research, Inc. Quantum computing is a new field that has the potential to transform several businesses and computing paradigms. While the quantum computing business is dynamic and subject to quick change, it has been shaped by various worldwide growth trends.

Some of the reasons driving market expansion include the increasing use of cloud computing software and services across many verticals, as well as the expanding use of cloud technology with more digitalization. However, concerns with stability and error correction, as well as a lack of professional knowledge for establishing and utilizing cloud-based quantum computing technologies, are projected to stymie market growth. Managed services are significantly fueling the market growth. Managed services are when a corporation outsources its day-to-day operations in order to focus on its core business. Daily maintenance, administration, security, troubleshooting, data backup, onboarding, unified communications, and network monitoring are all part of managed services. Service providers offer quantum computing as a service to industries such as pharmaceutical, healthcare, aerospace, and defense. Quantum computing as a service (QCaaS) is a type of cloud computing service that gives users access to quantum computers and related technologies.

Investments from governments, tech giants, and venture capitalists in quantum research and development are crucial for the advancement of cloud quantum technology. These investments support research efforts, enable the development of cutting-edge hardware and software, and drive innovation across various industries. Cloud Quantum technology is highly complex and requires significant resources for research and development. These investments help accelerate progress by providing funding for experimental work, the recruitment of top talent, and access to advanced research facilities.

Access Research Report of Cloud-based Quantum Computing Market @ https://www.grandviewresearch.com/industry-analysis/cloud-based-quantum-computing-market-report

Cloud-based Quantum Computing Market Highlights

• The software solutions segment dominated the market with a revenue share of 51.9% in 2023. Quantum computing technology is used in cloud-based quantum computing solutions to handle activities such as analytics, optimization, and simulation
• Trapped ions are the preferred method for creating qubits because to their excellent connection between qubits and low error rate, which translates to high gate fidelity
• Superconducting Qubits segment accounted to register a significant CAGR over a forecast period. Leading the charge in the quantum computing growth, Fujitsu Limited and the RIKEN Center for Quantum Computing have joined forces to take on the bold goal of creating superconducting quantum computers. Due to their outstanding adaptability and stability, superconducting qubits have emerged as one of the most viable choices for constructing usable quantum computers
• The optimization segment is one of the key application areas where quantum computing holds significant promise and is expected to have a substantial impact
• Cloud-based quantum computing has revolutionized the landscape of simulation and modeling, offering unprecedented computational power and scalability for tackling complex problems in diverse fields. Leveraging the principles of quantum mechanics, these systems harness the unique properties of qubits to perform computations at speeds unattainable by classical computers

Cloud-based Quantum Computing Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 721.4 million
Revenue forecast in 2030	USD 2,210.5 million
Growth rate	CAGR of 20.5% from 2024 to 2030
Base year for estimation	2023
Historical data	2018 – 2022
Forecast period	2024 – 2030

List of Key Players In The Cloud-based Quantum Computing Market

• Google LLC
• Microsoft Corporation
• IBM Corporation
• Amazon Web Services Inc. (AWS)
• Inc
• Huawei Technologies Co., Ltd.
• Quantum Computing Inc
• Terra Quantum
• Spinq
• QpiCloud
• CERN

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Japan IT Services Market Trends Analysis Report By Approach, Type, Application, Technology, Deployment, Enterprise Size, End-use And Forecast 2030: Grand View Research Inc.

San Francisco, 27 March 2024: The Report Japan IT Services Market Size, Share & Trends Analysis Report By Approach, By Technology, By Deployment, By Enterprise Size, By End-use, By Type, By Application, And Segment Forecasts, 2024 – 2030

The Japan IT services market size is anticipated to reach USD 136.81 billion by 2030, expanding at a CAGR of 9.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing adoption of mobile communications and digital technologies, increasing deployment and applications of IoT devices, and rising focus of IT companies on introducing various digital platforms are some key factors driving the IT services market growth in Japan.

In addition, advancements in cloud-native solutions and AI applications are further attributed to providing numerous growth opportunities for market stakeholders over the forecast period. However, with the presence of numerous players in the Japanese market, new entrants coming into this space would have to face multiple challenges in establishing a concrete customer base.

Increasing demand for cloud-based services has boosted the requirement for IT solutions in Japan. Cloud-based services offer expedited turnaround times (TAT), prompting businesses to adopt them for their cost-effective approach to IT expenditure. With the government making substantial investments in the IT industry, the demand for IT support services has soared. Moreover, an increasing need for enterprises to seamlessly integrate newer systems for network and data management has further triggered the demand for proactive and reactive IT services in this country.

Several enterprises in Japan have been focusing on IT asset management activities that allow them to optimize their IT expenditure, enhance business productivity, and monitor their supply chain activities seamlessly. Thus, companies such as systemsGo in Japan have introduced their solutions for companies that majorly focus on maintaining their IT assets. In December 2023, systemsGo targeted the Asia Pacific region, starting from Japan, to increase their IT asset management services, considering their increasing demand. Thus, market players are striving strategically to enhance their market share and establish a significant client base in the country.  

Access Research Report of Japan IT Services Market @ https://www.grandviewresearch.com/industry-analysis/japan-it-services-market-report

Japan IT Services Market Report Highlights

• Reactive IT services held the largest market share of 55.3% in 2023. Increased adoption of IoT devices since the COVID-19 pandemic was observed to be a triggering factor for this segment to attain a higher share
• The operations and maintenance segment is expected to grow at the fastest CAGR over the forecast period. The rising need for effective IT asset management from heavy industries has been anticipated to drive segment growth in the coming years
• The application management segment held the largest market share of 31.9% in 2023. This market segment is experiencing rapid expansion driven by various factors, including the escalating complexity of enterprise applications, the need for improved IT agility and efficiency, and a growing demand for mobile applications
• The AI and machine learning segment is anticipated to grow substantially over the forecast period owing to the rapid adoption of Gen AI & multi-modal AI applications for fast-tracking supply chain activities
• The small & medium-sized enterprises segment is expected to grow considerably over the forecast period. The growing number of start-ups offering IT services for managing & deploying AIplatforms is poised to drive segment growth
• Healthcare segment is anticipated to grow significantly over the forecast period owing to the constant need for streamlined patient care and the integration of electronic health records, leading to increased adoption of IT solutions to enhance efficiency and productivity
• In December 2023, Fujitsu, a leading player in the Japanese IT industry, leveraged AI technology to improve energy saving in business network operations. With the newly developed offering, the company plans to promote and support the telecom providers in Japan by reducing operation costs and expediting the development of new telecom services

Japan IT Services Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 77.90 billion
Revenue forecast in 2030	USD 136.81 billion
Growth rate	CAGR of 9.8% from 2024 to 2030
Base year for estimation	2023
Historical data	2017 – 2022
Forecast period	2024 – 2030

List of Key Companies in the Japan IT Services Market

• Accenture plc
• DTS CORPORATION
• Fujitsu Limited
• Hitachi Systems, Ltd.
• NEC Corporation
• NTT DATA Corporation
• OTSUKA CORPORATION
• SCSK Corporation
• TIS Inc.
• TOSHIBA IT-SERVICES CORPORATION

Access Press Release of Japan IT Services Market @ https://www.grandviewresearch.com/press-release/japan-it-services-market-analysis

Wireless Charging Market Latest Trends On The Basis of Component, Technology, Application, Region And Forecast to 2030: Grand View Research Inc.

San Francisco, 27 March 2024: The Report Wireless Charging Market Size, Share & Trends Analysis Report By Component (Transmitters, Receivers), By Technology (Inductive, Resonant, RF), By Application, By End-use, By Region, And Segment Forecasts, 2023 – 2030

The global wireless charging market size is expected to reach USD 31.63 billion by 2030, growing at a CAGR of 24.2% from 2023 to 2030, according to a new study by Grand View Research, Inc. The increasing adoption of wireless technologies in consumer electronics for charging smartphones, tablets, and other devices is driving the market growth over the forecast period. This is due to the convenience and ease of using wireless charging and the fact that it eliminates the need for cables and chargers, which is further propelling the wireless charging market growth.

Moreover, the increasing adoption of wireless charging technology in the passenger vehicle business is expected to drive the market growth over the forecast period. For instance, in May 2022, Tata Power, a subsidiary of Tata Sons, partnered with Hyundai Motor India Limited (HMIL). The goal of the partnership was to create a robust electric vehicle (EV) charging infrastructure, with the objective of expediting the extensive integration of electric vehicles across India. As part of this collaboration, Tata Power deployed its 60 kW fast chargers from the Tata Power EZ Charge series at 34 established EV dealer sites across 29 cities affiliated with Hyundai Motor India Limited (HMIL).

Several companies operating in the wireless charging market focused on launching new products and offerings to cater to the larger customer base and to strengthen their foothold in the industry. For instance, in August 2023, Belkin International Inc. launched 2-in-1 wireless charging pad with MagSafe. The latest wireless charging pad offers compatibility with Apple’s MagSafe wireless charging standard, enabling it to deliver a power boost of up to 15W for iPhone 12 models and later versions. Such advancements are poised to fuel the growth of the market in the coming years.

Access Research Report of Wireless Charging Market @ https://www.grandviewresearch.com/industry-analysis/wireless-charging-market

Wireless Charging Market Report Highlights

• Based on the component segment, the transmitter component segment accounted for the largest market share in 2022. This is attributed to the significant advancements in transmitter technology
• Based on the technology segment, the inductive technology segment accounted for the largest market share in 2022. This is attributed to the adoption of the inductive technology along with standardization across the industry
• Based on the application segment, the consumer electronics segment accounted for the largest revenue share in 2022 and is expected to continue the same trend over the forecast period. The growth of the segment is attributed to the widespread integration of wireless charging technology
• The Asia Pacific regional market captured the highest revenue share in 2022. This dominance is attributed to the region’s ongoing technological advancements along with the surge in demand for wireless charging

Wireless Charging Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 6.93 billion
Revenue forecast in 2030	USD 31.63 billion
Growth rate	CAGR of 24.2% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 – 2021
Forecast period	2023 – 2030

List of Key Players in the Wireless Charging Market

• Belkin International, Inc.
• ConvenientPower HK Ltd.
• Energous Corporation
• Ossia Inc.
• Plugless Power LLC
• Powercast Corporation
• Powermat Technologies
• Renesas Electronics Corporation
• Samsung Electronics
• Semtech Corporation
• Texas Instruments, Inc.
• WiTricity Corporation

Access Press Release of Wireless Charging Market @ https://www.grandviewresearch.com/press-release/global-wireless-charging-market

North America Gummy Market Overview By Product, Ingredient, End-Use, Distribution Channel, Country And Forecast To 2030 : Grand View Research Inc.

San Francisco, 27 March 2024: The Report North America Gummy Market Size, Share & Trends Analysis Report By Product (Vitamins, Minerals), By Ingredient (Gelatin, Plant-based Gelatin Substitute), By End-use (Adult, Kids), By Distribution Channel, By Country, And Segment Forecasts, 2024 – 2030

The North America gummy market size is anticipated to reach USD 8.02 billion by 2030 and is anticipated to expand at a CAGR of 14.9% from 2024 to 2030, according to a new report by Grand View Research, Inc.

The increasing demand for functional and fortified gummies, the availability of gummy supplements in different flavors for customers in search of taste with health benefits, and growing demand for natural products, as well as a growing interest in vegan gummies, are expected to augment the demand for the gummies over the forecast period in the North America region.

Consumer preferences are evolving when it comes to food and supplements. There has been a significant increase in consumer demand for nutraceutical products in recent years due to growing health awareness and concerns about the negative effects of processed foods and artificial ingredients. Consumers are looking for products that not only taste good but also offer additional health benefits. This trend is especially noticeable in the gummy industry, where consumers are seeking out functional and fortified gummies that contain vitamins, minerals, and other nutrients. The increasing demand for these types of gummies can be attributed to the growing awareness of the importance of maintaining good health through proper nutrition.

Moreover, the market is witnessing a surge in diverse gummy formats. Beyond the conventional gummy bear shape, manufacturers are introducing innovative designs and novel formats to enhance consumer appeal. This includes gummies in the form of slices, cubes, and even intricate shapes corresponding to specific health themes.The variety in format not only caters to aesthetic preferences but also allows for creative product differentiation.

In addition, the increasing demand for vegan and vegetarian options is significantly shaping the North America gummy market. This trend is driven by a growing consumer preference for plant-based alternatives, reflecting not only dietary choices but also ethical and environmental considerations. Moreover, manufacturers are increasingly opting for plant-derived alternatives such as pectin, agar-agar, and other plant-based gelling agents to replace traditional animal-derived gelatin, this is expected to augment the market growth during the forecast period.

Major players in the market include SCN BestCo; Herbaland Gummies; Boscogen, Inc.; Pharmavite, LLC; Church & Dwight Co., Inc.; SMP Nutra; and Nature’s Bounty. These players actively engage in strategic initiatives, including product launches and partnerships, to meet evolving consumer preferences and foster innovation. Furthermore, these players are focusing on establishing their online presence across the countries owing to the rapidly expanding customer base.

Access Research Report of North America Gummy Market @ https://www.grandviewresearch.com/industry-analysis/north-america-gummy-market-report

North America Gummy Market Report Highlights

• Vitamin gummies held a share of 25.9% in 2023. The popularity of vitamin gummies is on the rise due to their similarity to gummy candies, which makes them an appealing choice for consumers who prefer a pleasant taste experience when taking their supplements
• Plant-based gelatin substitute gummies is expected to grow at a CAGR of 17.9% during the forecast period. The rise in awareness of clean-label products among consumers and an increasing vegan population in the U.S. and Mexico have generated the demand for plant-based gelatin substitutes for use in gummies
• Gummies for the kids is expected to grow at a CAGR of 17.2% during the forecast period. The sweet taste of gummies and their availability in different flavors, shapes, and colors are among the key factors driving the demand for gummies among kids
• The U.S. held a total of 98.7% of the market share in 2023 and is expected to grow at a stellar CAGR from 2024 to 2030.The consumption of gummies in the U.S. is driven by the preference of younger consumers for these formats compared to the traditional formats of tablets and capsules
• Pharmacies hold a dominant share of 31.7% in 2023, with consumers considering them a convenient and trusted channel for health-related products. Online channels are expected to grow at the fastest CAGR throughout the forecast period, driven by the wide availability of gummy supplements and competitive pricing offering

North America Gummy Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 3.50 billion
Revenue forecast in 2030	USD 8.02 billion
Growth rate	CAGR of 14.9% from 2024 to 2030
Base year for estimation	2023
Historical data	2018 – 2022
Forecast period	2024 – 2030

List of Key Players in the North America Gummy Market

• SCN BestCo
• Herbaland Gummies
• Boscogen, Inc.
• Pharmavite, LLC
• Church & Dwight Co., Inc.
• SMP Nutra
• Nature’s Bounty
• SmartyPants Vitamins
• Garden of Life
• Haleon plc
• Bayer AG

Access Press Release of North America Gummy Market @ https://www.grandviewresearch.com/press-release/north-america-gummy-market-analysis

Hemostasis & Tissue Sealing Agents Market Scope By Product, Material, Application, End-Use, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 27 March 2024: The Report Hemostasis & Tissue Sealing Agents Market Size, Share & Trends Analysis Report By Product (Topical Hemostat, Adhesive & Tissue Sealant), By Material, By Application, By End-use, By Region, And Segment Forecasts, 2024 – 2030

The global hemostasis & tissue sealing agents market size is expected to reach USD 14.47 billion by 2030, registering a CAGR of 8.92% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth can be attributed to the increasing preference towards minimally invasive surgical procedures, which are less invasive and require less recovery time. Additionally, advancements in healthcare technology and the rising prevalence of chronic diseases that require surgery are contributing to this growth. The market is also benefiting from ongoing innovation in hemostatic and tissue sealing products, which are being developed to meet the needs of a wide range of medical specialties and to provide effective and efficient surgical solutions in various healthcare settings.

The rapid growth of minimally invasive technology and the demand for faster recovery by patients are expected to promote market growth over the forecast period. According to the Centers for Disease Control and Prevention (CDC), approximately 150 million of the American population are currently suffering from at least one chronic condition, which leads to surgeries and even mortality at times. Such a rise in the number of surgeries is eventually anticipated to foster market growth.

The Centers for Disease Control and Prevention (CDC) estimates that over 48% of the entire American population is expected to suffer from chronic conditions, which is one of the key drivers of this growth. The hemostasis & tissue sealing agents market is also expected to witness an increase in product demand supported by rising surgery volumes, growth in the geriatric population, and technological advancements. Several market participants are focusing on product launches, merger & acquisitions & product approval to sustain their market position. For instance, In November 2023, Johnson & Johnson’s MedTech division, Ethicon, introduced Ethizia, a hemostatic sealing patch, obtaining European approval for its launch, marking a significant addition to their medical offerings in Europe.

Access Research Report of Hemostasis & Tissue Sealing Agents Market @ https://www.grandviewresearch.com/industry-analysis/hemostasis-tissue-sealing-agents-market

Hemostasis & Tissue Sealing Agents Market Report Highlights

• In 2023, the topical hemostat segment accounted for the largest market share due to its rising use with conventional treatment to provide cost-efficiency, quick & easy absorbability of the hemostatic agent, minimal tissue reactivity, and non-antigenicity.
• The North American region held the largest share of the market in 2023 due to well-established healthcare infrastructure, and the growing prevalence of cardiovascular disorders, diabetes, and cancer within the region.
• Market players adopt several strategic initiatives to increase the product reach and improve availability in diverse geographic areas.
• Some of the major market players are Baxter, Johnson & Johnson, B. Braun, Smith & Nephew, Becton, Dickinson, and Company
• Advancements in material science and bioengineering have led to the development of new and improved adhesives and sealants with better performance characteristics.

Hemostasis & Tissue Sealing Agents Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 8.67 billion
Revenue forecast in 2030	USD 14.47 billion
Growth rate	CAGR of 8.92% from 2024 to 2030
Actual Data	2018 – 2023
Forecast period	2024 – 2030

List of Key Players in Hemostasis & Tissue Sealing Agents Market

• Johnson & Johnson
• CryoLife Inc.
• Advance Medical Solution (AMS) Group Plc.
• Cohera Medical Inc.
• Integra Life Sciences Corporation
• Pfizer Inc.
• BD
• Baxter
• HyperBranch Medical Technology
• Biomet Inc
• B Braun Medical Inc
• Smith & Nephew

Access Press Release of Hemostasis & Tissue Sealing Agents Market @ https://www.grandviewresearch.com/press-release/global-hemostasis-tissue-sealing-agents-market