Press Releases

Global Extruded Snack Foods Market Expected to Grow at a CAGR of 2.3% During 2017-2022

The popularity of extruded snack foods has been growing robustly in urban markets as these products can be consumed instantaneously, without having to indulge in lengthy cooking procedures. This coupled with the introduction of new products with innovative flavours, ingredients, seasonings, etc. have acted as a major catalyst in driving market growth.

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Global Cassava Starch Market Expected to Reach 7.2 Million Tons by 2022, Driven by Growing Demand for Food and Industrial Applications

Cassava has a high concentration of starch and is relatively cheaper than other sources. The growing demand for cassava starch for food and industrial applications is expected to drive the global cassava starch market with the global production projected to reach a volume of 7.2 Million Tons by 2022.

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Global Mobile Advertising Market Expected to Reach US$ 263 Billion by 2021

Mobile advertising enables advertisers to offer consumer directed ad-content, meanwhile making it more interactive. Owing to technological advancements and increasing number of mobile phone handsets, the global mobile advertising market is expanding exponentially.

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GCC LED Lighting Market Growth Driven by Government Initiatives and Increasing Infrastructure Investment Due to Upcoming Events

The GCC LED light market is expected to grow at a CAGR of around 17% during 2016-2021. The growth of this market will be driven by the growing environmental concerns, increasing infrastructure investments along with government initiatives focused on reducing the usage of inefficient lighting systems.

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Global Fresh Cream Market Driven by Its Rising Demand in the Food and Beverage Industry

Cream is a part of diverse cuisines worldwide as a result of its unique flavour and numerous functional properties. The global fresh cream market has grown at a CAGR of around 4.7% during 2008–2015 driven by its versatile applications and its rising demand in food and beverages.

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Global Lentil Market Reached a Volume of 5.3 Million Tons in 2015 with Canada as the Largest Producer

Lentils represent a rich source of various nutrients important for good health. Apart from direct human consumption, the use of lentils in the food and beverage industry is also rising, thus resulting in a growing demand worldwide. The global lentil market reached a volume of 5.3 Million Tons in 2015 growing at a CAGR of around 10% during 2008-2015.

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US Generic Drug Market to Reach US$ 141.5 Billion by 2021

Generic drugs have low research & development requirements. As a result, the costs involved in developing and manufacturing them are significantly lower than their branded counterparts. This allows generic manufacturers to price their drugs considerably lower compared to branded drugs. This has ultimately enabled the government, third-party payers and patients to save billions of dollars on healt...

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Starch Blended Biodegradable Polymer Market to Reach 477,424 Tons By 2021

According to IMARC Group, the global starch blended biodegradable polymer market has grown at a CAGR of 16.3% during 2008-2015, reaching a volume of 250,493 Tons in 2015. Expanding applications across various industries along with continuously declining prices over the last few years have encouraged the growth of this market. Other demand driving factors include easy availability of starch, easy...

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Global Citric Acid Market Driven by Increasing Consumption of Beverages and Convenience Foods in Emerging Markets

The food and beverages industry represents the largest consumer of citric acid where it is used in various beverages and as preservative in various food products. As a result of increasing population and improving living standards, the per capita consumption of beverages and convenience foods is also rising. Consequently, the global citric acid market is expected to grow at a CAGR of 3.1% during...

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Agriculture Sector in India Expected to Grow at 12%, Driven by Government Support and Easy Credit Availability

Despite being a country largely dependent on agriculture for the sustenance of its people, India faces certain challenges inhibiting the growth of its agriculture industry. The government’s support along with emerging trend of contract farming, easy credit availability, growing consumer base, etc. are expected to drive this industry at a CAGR of 12% during 2016-2021.

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Global Permanent Magnet Market Expected to Reach US$ 21 Billion by 2020, Driven by Increasing Use of Green Technologies and Devices

In order to decrease their carbon footprint, a number of countries are shifting towards energy efficient and eco-friendly green technologies and devices. As permanent magnets are an important part of these devices, their demand will also rise. IMARC Group expects the global permanent magnet market to grow at a CAGR of around 6.2% during 2016-2020, reaching a value of US$ 21 Billion by 2020.

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Driven By Health and Cooking Benefits, Global Rice Bran Oil Market to Reach 1.8 Million Tons By 2021

With the food and cosmetic industries demanding for more natural, value-added and therapeutic ingredients, applications of rice bran oil have considerably increased in these industries.  According to IMARC Group, the global rice bran oil market is expected to grow at a CAGR of 3.8% during 2016-2021.

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Global Ginger Market to Reach a Volume of 2.8 Million Tons in 2021

Ginger and its processed forms find applications across a number of industries such as food processing, pharmaceuticals, beverages, confectionary, soaps and cosmetics, tobacco processing, etc. Estimates by IMARC Group states that the global ginger market is expected to grow at a CAGR of 4.6% during 2016-2021.

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Strong Growth in Packaging and Instrumentation Services Driving the Global Healthcare Cold Chain Logistics Market

The global healthcare cold chain logistics market has grown at a CAGR of 8.4% during 2008-2015, reaching a value of US$ 9.2 Billion in 2015. Several factors have helped the market to grow at a robust pace. The factors include a strong growth in the demand for temperature sensitive healthcare products, increasing compliance with global regulatory requirements for storage, handling and distributio...

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Global Mung Beans Market to Reach 4.5 Million Tons by 2021, Driven by Health Consciousness and Rising Applications in the Food Industry

Mung beans represent a nutrient rich food which helps in preventing and controlling various diseases. They have been an important part of the South and South-east Asian cuisines since ages. These days, however, they are also being incorporated in various Western food products. As a result of increasing health consciousness and rising applications in the food industry, the global mung beans market...

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Global Fava Beans Market Driven by Nutritional Benefits and Growing Health Consciousness

Growing health consciousness and nutritional benefits of fava beans among the consumers has led to its augmented demand. Factors such as increasing population, rising disposable incomes, adoption of healthier food habits, growing intake of legumes and growing demand particularly in the developing countries are currently stimulating the growth of the global fava beans market.

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Global Samarium Cobalt Magnets Market to be driven by Increasing Defence Spending

Samarium cobalt magnets are used for certain niche applications, particularly in the defence and aerospace sectors. Other uses are in sensors, computer hard drives, AC servo-motors, actuators, bias magnets, watches, printers, automobiles, ultrasonic transducers, traveling wave tubes, high performance motors, etc.

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Global Pectin Market Expected to Reach a Volume of 136,599 Tons by 2021, Driven by Major Applications in Food and Beverage Industry

The largest end-use sector of pectin is the food and beverage industry where it is used in jams or jellies to impart a gel-like texture and in yogurts to create a soft and partly thixotropic gel texture. Nowadays, pectin is also being used in the pharmaceutical and cosmetic sectors.

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Global Sodium Chlorate Market Driven by Strong Demand in the Wood Pulp Processing Industry

Sodium chlorate is a powerful oxidising agent which has various applications in diverse industries. According to IMARC Group, the global sodium chlorate market has grown at a CAGR of 4% during 2008-2015. The wood pulp processing industry represents the largest consumer of sodium chlorate accounting for the majority of its consumption.

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Driven by Rising Demand in Developing Countries, the Global Tobacco Market Reached a Volume of 8 Million Tons In 2015

Despite declining sales in developed markets such as the United States and the Western Europe, the global tobacco market products grew at a CAGR of 2.5 % during 2008-2015. The growth was mainly catalysed by the premiumisation of products and a rising demand from emerging economies such as China and India.

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