Hand Blender Market Segmented by Product, Top Manufacturers, Geography Trends & Forecasts to 2025

Hand blender is an appliance that is used to mix, puree, or emulsify food and other substances. Such blenders do not have a container of its own, instead, they consists of rotating blades that help in mixing the substance in a container. Large hand blender are employed for commercial purposes to blend larger volumes of mixes. Hand blenders are normally utilized to blend liquids, sauces, and soups. Changing lifestyle and inclination toward spending less time on cooking are triggering the expansion of the global hand blender market. Normal blenders take time to blend and require blending in batches. On the other hand, blenders simply blend and save time.

A good hand blender is helpful and processes all kinds of foods such as vegetables, potatoes, and cooked meat. Home hand blenders are used to make smoothies and blend all kind of drinks. The global hand blender market has been segmented on the basis of end-use and distribution channel. In terms of end-use, the global hand blender market can be segmented into commercial and residential. Commercial hand blender are estimated to hold a large share of the market due to the rising inclination of eating out among the population.

However, hand blender used in households are anticipated to expand rapidly during the forecast period, as hand blenders minimize the time for cooking. In terms of distribution channel, the global hand blender market can be segmented into offline distribution channel and online distribution channel. Offline distribution channel of global hand blender can be further sub-segmented into supermarkets and hypermarkets and convenience stores. The online distribution channel of hand blender is estimated to expand rapidly during the forecast period due to its easy availability and convenience. However, as hand blender are a new concept among some sections of the population, they prefer offline distribution channel in order to receive a better idea of the product.

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The global hand blender market is primarily driven by the rising disposable income among consumers coupled with an inclination toward spending less time on cooking among women. Working women prefer to spend less time in cooking, and thus, this is triggering the expansion of the global hand blender market. However, a lack of knowledge regarding the methods of using hand blender properly among the population is restraining the global hand blender market.

Additionally, rising number of hotels and restaurants in developing countries such as India, China in Asia Pacific, and increasing tendency of people to eat out are anticipated to generate opportunities for the global hand blender market during the forecast period.

In terms of region, the global hand blender market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America and Europe are estimated to hold a major share of the hand blender market due to the rising working population in these regions. Changing eating patterns and the increasing population of working women are resulting in investment of lesser time in cooking.

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This, in turn, is boosting the global hand blender market. Asia Pacific is projected to expand rapidly due to rising sophistication among consumers and increasing purchasing power. Furthermore, rising number of hotels and restaurants and inclination of people toward eating out are estimated to further drive the global hand blender market in the region.

Hand blenders are gaining importance over the years, and the keys players of hand blender are engaged in product innovation, which is user-friendly as well as convenient among the population. Key players operating in the global hand blender market include Breville, Braun, ESGE, JVC Kenwood, Whirlpool, Cusinart, Electrolux, K-Tec, Panasonic, Philips, Russell Hobbs, and Vitamx.

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Bio Active Ingredients Market Global Growth, Opportunities, Industry Analysis & Forecast to 2025

Bio active ingredients are considered as bio molecules which are present in food items in order to adapt to more than one metabolic progression for a good health. They are available in various forms such as thiolyated, esterified, glycosylated, or hydroxylated. These ingredients are typically useful for several metabolic activities and added beneficial effects to counter several diseases such as cardiovascular diseases, cancer, diabetes and macular degeneration. Additionally, bio active ingredients also help in the treatment of anemia, malnutrition, ricket, and various other diseases which are caused due to the lack of proper diet and reduced intake of nutritional foods.

The bio active ingredients market is heavily driven by the growing awareness among the consumers across the globe. In recent times, the demand for health benefits among the individuals have increased to a greater extent and due to this fact, the consumers across the globe are demanding for more bio active compounds in their foods. This in turn is bolstering the bio active ingredients market. In addition, growth in per capita income in the developing nations is also demanding for bio active ingredients as these ingredients help in better and healthy living. The surge in per capita income among the individuals in the emerging nations is fuelling the market for bio active ingredients over the years.

The growth of the market for bio active ingredients is hampered by the various rules set by the governments in different regions of the globe. The intra government rules is limiting the manufacturers to sell their products to the consumers which in turn is hindering the market for bio active ingredients.

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The market for bio active ingredients is poised to grow in the coming years as the manufacturers in the industry are constantly focusing on developing their markets in the Asia Pacific, Middle East and Africa and Latin America region. The countries such as China, India, Australia, UAE, Saudi Arabia and Brazil among others are procuring the bioactive compounds or nutraceutcial in order to enhance their lifestyle. In addition, the major manufacturers are also partnering with various companies in the emerging nations to manufacture the nutraceutcials to meet the growing demand in the regions. Moreover, the technological advancement in the sector of microencapsulation is increasing the interest among the consumers to procure these bio active ingredients. The advancement in technology is anticipated to boost the market for bio active ingredients in the coming years.

The market for bio active ingredients market is segmented on basis of ingredients, application and geography. The various types ingredients included in the bio active ingredients market are prebiotics, probiotics, plant extracts, minerals, fibers, vitamins, carotenoids and others. The market is dominated by the fibers due to their effectiveness and the growing awareness among the individuals across the globe in respect to their benefits.

Based on the application, the market for bio active ingredients is categorized as functional foods and beverages, personal care, clinical nutrition, dietary supplements and others. The personal care segment dominates the market followed by the dietary supplements, owing to the facts that the bio active ingredients are highly beneficial for the individuals exposed to adverse environments.

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Geographically, the bio active ingredients market is segmented on basis of five strategic global locations namely, North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The most prominent region in the bio active ingredients market accounted for Asia Pacific and it is expected that the region will retain its dominance in the coming years.

The major ten players operating in the market for bio active ingredients market are Archer Daniels Midland Co., Dupont De Nemours & Co., Ajinomoto Co. Inc., Mazza Innovation Ltd, Arla Foods, Sabinsa Corporation, Cargill Inc., BASF,Ingredion Inc., Owen Biosciences Inc.

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Pet Dietary Supplement Market Incredible Possibilities, Growth Analysis and Forecast To 2027

Transparency Market Research delivers key insights on the global pet dietary supplement market. In terms of revenue, the pet dietary supplement market is estimated to expand at a CAGR of over 4.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the pet dietary supplement market report.

In the report, TMR predicts that the pet dietary supplement market would be largely driven by factors such as rising consumer shift toward pet humanization across the globe.

Pet Dietary Supplement Market: Segmentation

The pet segment includes dogs, cats, horses, and others in the pet dietary supplement market report. In terms of pet, the dogs segment dominated the market for pet dietary supplements across the globe, as dogs are considered the most popular pets globally. Demand for dietary supplements for dogs is anticipated to expand at a significant growth rate during the forecast period. Cats outnumber dogs as pets in various countries across the globe, as a household can manage more than one cat. The expenditure incurred on dietary supplements on dogs is relatively high as compared to cats. The pet dietary supplement market for horses and other pets, which include rabbits and hamsters, is projected to expand at a moderate growth rate during the forecast period.

In terms of supplement, glucosamine, multivitamins, omega 3 fatty acids, and probiotics and prebiotics witness high demand across the globe. Glucosamine is an amino sugar that is found naturally in the fluid around the joints to help build cartilage. In older dogs, it may relieve joint pain and improve mobility. Apart from glucosamine, omega 3 fatty acid is also one the preferred supplements for pets. Fish oil contains omega 3 fatty acids that are thought to improve coat quality and shine, and alleviate skin allergies. Fish oil can also reduce inflammation; hence, several pet owners use omega 3 fatty acids for this purpose.

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Based on application, joint health and skin & coat are major application areas where pet dietary supplement are most commonly used. These two segments account for the major share of the pet dietary supplement market. Glucosamine is believed to be an effective treatment for osteoarthritis by pet owners and veterinarians. Omega 3 fatty acids and fish oil supplements are majorly used in the treatment of skin & coat. These can improve coat quality and control itching issues in pets.

The pet dietary supplement market is highly fragmented. A large number of small, medium, and large companies operate in the market at global and domestic levels. Companies work on product innovation to increase their market reach.

Pet Dietary Supplement Market: Prominent Regions

North America and Europe hold major share of the pet dietary supplement market, due to rapid rise in the number of pet owners in prominent countries such as the U.S., the U.K., Canada, France, Germany, Italy, Spain, and various other European countries.

Demand in the Asia Pacific region is estimated to expand at a significant pace compared to other regions in the near future, due to rapid increase in awareness about pet care products, etc., in countries such as China, India, Japan, Australia, and New Zealand.

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The market in South America and Middle East & Africa is anticipated to grow at a moderate growth rate in the near future. Brazil and Argentina are anticipated to be the prominent markets for pet dietary supplements during the forecast period.

Major brands are likely to focus on expansion of production capacity and new product development to strengthen their footprints in the pet dietary supplement market. Companies are engaged in expanding their product portfolio and business through online distribution channels. Companies are working toward upgrading their existing products to increase profitability for sustainable growth of businesses.

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Fuel Card Market Overview by New Technology, Demand and Scope 2020 to 2027

According to a new market report published by Transparency Market Research on the global fuel card market for the forecast period of 2019–2027, the fuel card market is expected to reach a value of ~US$ 55 Bn by 2027.

Global Fuel Card Market: Overview

• The global fuel card market was valued at ~US$ 33 Bn in 2018, and is expected to expand at a CAGR of ~6% from 2019 to 2027. The market is expanding significantly in terms of size and value. The standard card technology segment is dominating the global fuel card market.
• The fuel card market in Asia Pacific is growing rapidly. Growing disposable income is driving people to opt for technologically-advanced cards to save on fuel expenses. Moreover, increasing of government initiatives in developing countries for the development of the corporate sector are driving the growth of the corporate fuel card market.
• Europe is the largest regional market in the global fuel card market, accounting for ~38% share of the global fuel card market in 2018. North America has the second-largest number of fuel card users, as a result of attractive offers by key companies and supportive government initiatives toward cashless transactions.

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Fuel Card Market: Driving Factors

• Rising demand for cashless fuel transactions in developing economies (as it is critical for fleets to monitor fuel purchases to control and manage fuel spending) is driving the fuel card market. Fuel cards offer good quality data on fuel purchases, which helps monitor individual vehicle and driver fuel economy, and apply operational strategies to enhance performance.
• Canada, Sweden, the U.K., France, and the U.S. are the top five cashless economies in the world. Cashless payments help reduce fuel theft via chip and pin cards, which is driving the demand for fuel cards, globally.
• The fleet management market is influenced by technology. The adoption of fleet management software in data management and analytics has been growing, which is expected to significantly boost the fuel card market.
• Rapid urbanization and industrialization in developing countries such as China, India, Mexico, South Africa, and Brazil is providing lucrative opportunities for the global fuel card market. Over the years, growth in the prepaid and contactless card industry has shaped the economies of several countries.

Fuel Card Market: Key Challenge

• Volatility in fuel prices is likely to be one of the major restraints of the fuel card market. As fuel prices are difficult to be projected, it is difficult to plan and budget for the same. Fuel prices are different across the globe; this is expected to have a huge negative impact on the growth of the fuel card market.

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Fuel Card Market: Competitive Landscape

• The fuel card market includes several players focused on the development of new products to cater to the market demand.
• The report includes the below-mentioned pointers of major players operating in the fuel card market:
  • Company Overview
  • Product Profiling
  • Market Share Analysis (2018)
  • Product Innovation

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Explosive Ordnance Disposal (EOD) Equipment Market Share, Growth, Statistics, Opportunities & Forecast to 2023

North America is predicted to lead the market with over 42% of the total share in revenue, due to region’s continuous preference given to law enforcement and defense activities. TMR predicts that global explosive ordnance disposal (EOD) equipment market will achieve avaluation of US$8 bn between 2015 and 2023, the forecast duration.  The market, which stood a US$5.74 bn in 2015, is thus expected to exhibit a 4.6% CAGR over the mentioned period.

The global market for explosive ordnance disposal equipment is predicted to witness a positive growth over the coming years. According to a report by Transparency Market Research (TMR), major industry players are indulging in strategic partnerships or mergers and acquisitions to upgrade their product offering and expand their sales. On account of the stronghold of established players such as iRobot Corporation, Scanna Msc Ltd., Safariland, LLC and Northrop Grumman Corporation, the competitive environment in the market is not exactly congenial for aspiring and new companies.

Since the year 2014, the defense segment has been the top consumer of explosive ordnance disposal equipment. In that year, the defense segment held nearly 78.5% of the revenue of the global EOD equipment market. This market share is anticipated rise further by the end of the forecast duration. A number emerging countries now focus on programs for modernization of their soldiers and strategies utilizing EOD bots, leading to higher demand of EOD equipment.  Defense applications employ EOD equipment in a number of warfare activities, especially urban warfare. This is attributed to the need for dealing with terror threats in these regions in an efficient and swift manner.

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On a geographical basis, North America is anticipated to demonstrate high demand for equipment such as portable X-ray systems, EOD robots, and explosive detectors. Each of these equipment holds a distinctive use that can offer invaluable foundation and utility to different law enforcement and military bodies. Portable X-ray systems, for instance, are designed to be used for detecting hidden explosives. Thus, they find application in places of large civilian population such as train stations, airports and subways in the North American region for thwarting dangers.

Defense Sector to Offer Lucrative Growth Opportunities

A number of defense sectors all over the globe utilize all kinds of EOD equipment for the detection, location and disposal explosives with minimum damage to nearby pedestrians and property.

The rising number of investments in explosive disposals along with the surge in technical advances in armor and containment have resulted in a rise in popularity of EOD equipment over the world.

While the defense segment is a dominant consumer of the EOD equipment market worldwide, the growing adoption of technically advanced equipment for law enforcement is slated to increase at a high rate. A number of developed regions such as the Western Europe and North America have introduced EOD equipment in a number of their state level and local agencies due to rising instances of terror threats.

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However, high costs and budget cuts are anticipated to act as a major constraint for the global explosive ordnance disposal equipment industry. The heavy investments made by the leading governments may be not utilized to their full potential, which may act as a growth restraining factor.

This review is based TMR’s report titled, “Explosive Ordnance Disposal (EOD) Equipment Market (Equipment – Portable X-Ray Systems, Projected Water Disrupts, Bomb Containment Chambers, EOD Suits and Blankets, EOD Robots, Explosive Detectors, Search Mirrors and Others ; Application – Defense and Law Enforcement) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.”

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Solid State and Polymer Battery Market Development Factors, Latest Opportunities and Forecast 2025

Solid state battery is an advanced type of battery which uses solid electrolytes along with solid electrodes instead of the liquid electrolytes and polymer electrolytes found in traditional lithium ion and lithium polymer batteries. The solid state and polymer batteries offers several advantages over the tradition liquid or electrolyte batteries which mainly includes improved battery life, increased power delivery per unit weight, high conductivity of the electrolytes, and some others. Although, solid state batteries are finding increased applications in hybrid automotive and unmanned aerial vehicles, these batteries are analyzed to be in introduction phase for applications in consumer electronics such as smartphones and smart wearable and are anticipated to capture the market during the latter half of the forecast period.

Market Dynamics: Global Solid State and Polymer Battery Market

The Solid State and polymer battery market is primarily driven by the increased adoption in hybrid vehicles or electric vehicles, and unmanned aerial vehicles majorly in developed European countries such as Germany, France, and Poland, and also in the United States of America and Canada. Moreover, Solid State batteries offers a compact form factor and can be can be made thinner, flexible, and delivers more energy per unit weight as compared to the conventional Li-ion counterparts. Moreover, Solid State batteries does not incorporate the liquid electrolytes which opens doors in applications demanding high safety, and long lasting battery life.

Market Segmentation: Global Solid State and Polymer Battery Market

The global Solid State and polymer battery market has been segmented based on cell type, type of electrolyte, end-use industry, and region. Based on cell type, the Solid State and polymer battery market can be classified into thin film Solid State and polymer battery, and bulk Solid State and polymer battery. Based on type of electrolyte, the Solid State and polymer battery market can be segmented into Argyrodite, Garnet, Li-halides, Li-hydrides, NASICON-like, Perovskite, and others. Based on end-use industry, the market can be segmented into IT and Telecommunication, automotive, defense and aerospace, consumer electronics, and others. In terms of region, the global Solid State and polymer battery market can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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Preliminary Analysis

Asia Pacific and Europe are anticipated to dominate the global Solid State and polymer battery market due to the presence of leading Solid State and polymer battery manufacturers, in these regions. Moreover, increased adoption of hybrid automobiles and initiatives taken by governments towards adoption of clean energy sources are anticipated to be silent factors supplementing the growth of Solid State and polymer battery market in Europe and North America.

The market in Asia Pacific is anticipated to expand at a prominent pace owing to development of end-use industries such as, automotive, and healthcare, in emerging economies such as India, Australia and China, in the region. Moreover, amongst the type segment of Solid State and polymer battery market, the thin film battery segment is anticipated to witness prominent growth during the forecast period.

Prominent Market Players

Key players operating in the global Solid State and polymer battery market include 24m Technologies, Blue Solutions, EMPA, FlashCharge Batteries LLC., Hitachi Zosen Corporation, Ilika plc, Johnson Battery Technologies, Inc., KalpTree Energy, Planar Energy, PolyPlus Battery Company, Prieto Battery Inc., Sakti, QuantumScape, Seeo, Inc., Solid Power, SolidEnergy Systems, and some others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market.

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Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The report provides an in-depth analysis about the strategic business activities along with the market dynamics shaping the global Solid State and Polymer Battery market over the period of study.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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LED Secondary Optic Market Survey Report 2021 Along with Statistics, Forecasts till 2025

LED secondary optics are mainly those optics that does exist outside of LED package, like fresnel lenses, reflector cavities, and the pillow lenses. LED secondary optic is actually being used for the purpose of creating the preferred appearance and the light beam pattern of the LED signal lamp. The demand of the LED secondary optic is likely to be driven by the higher adoption of the smart and wireless LED in residential and commercial sector.

Increasing demand of large diameter wafers and migration towards the sapphire substrate is one of the major growth driver for the LED secondary optic market. In addition, the growing emergence of street lighting in smart cities is also the key factor anticipated to catalyse the growing demand of different LED secondary optics during the forecast period. In addition to that rapidly falling cost of the LED lighting and improved efficiency of the LED is also anticipated to increase the demand of LED secondary optics in the upcoming years. This is also projected to affect the market of LED secondary optics in a positive manner during the forecast period.

In spite of many driving factors, the LED secondary optic market is anticipated to show a shrink and fluctuation in growth rate because of continuously declining price of LED. Multi shadow phenomenon during lighting and scattered surrounding light towards the edges of surface are restraining factors for the LED secondary optics. The growing demand for LED secondary optics is going to create a significant opportunity in the optic market due to factors like higher luminous efficiency, smaller size, low heat radiation and long life time during the forecast period.

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The LED secondary optic market has been segmented on the basis of type, applications and geography. Based on the types, the market has been segmented mainly into two types such as LED secondary lens and reflector. By applications, LED secondary optic market is segmented into indoor lighting, street lighting, architectural lighting, commercial lighting, automotive lighting and others. In all the applications, the indoor lighting held the largest market share because of its features like wireless connectivity and getting controlled through phones or desktops. However, commercial lighting and street lighting is projected to achieve exponential growth during the forecast period. Gesture controlled operations and accurate LED dimming control is likely to make secondary LED optic is the most favoured choice among various end user applications.

Geographically, the global LED secondary optic market is classified into North America, Europe, Asia Pacific, Middle East & Africa and South America. Further, the global LED secondary optic market is mainly driven by the Asia Pacific region. Continuously growing spending in smart indoor and outdoor lighting in countries like China, Japan among the others is driving the market in Asia Pacific region.

Rapidly growing demand of modular lighting for the LED luminaries is predicted to fasten the demand of secondary LED optics, thereby expected to drive the LED secondary optic market rapidly. This region is expected to maintain the highest CAGR in the market during the forecast period. Although, in terms of market share North America will remain on top because of presence of higher number of LED manufacturers which includes manufactures of traditional and smart lighting.

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Some of the leading players operating in the LED secondary optic market includes Ledlink Optics, Auer Lighting, Carclo Optics, FRAEN Corporation, LEDIL Oy, Bicom Optics, GAGGIONE,Aether systems Inc Osram, Darkoo Optics,Philips Lighting, Cree Inc., Nanoleaf, Panasonic, GE Lighting  , Ilumi  and Samsung  among others.

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