Friday, 30 October 2020

Fancy Yarn Market 2020 | COVID-19 Analysis, Future Guidelines and Profit Margin Revenue & Forecast by The End Of 2030

Transparency Market Research delivers key insights on the global fancy yarn market. In terms of value, the global fancy yarn market is estimated to expand at a CAGR of ~6% during the forecast period 2020 to 2030, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global fancy yarn market report.

In the report, TMR predicts that the global fancy yarn market would be largely driven by increasing demand for fashion fabrics, rapid expansion of the middle-class population, and changing consumer preferences regarding fashion and clothing. These factors are expected to boost the market during the forecast period.

According to the fancy yarn market report, the product type segment has been divided into spiral yarn, gimp yarn, loop yarn, snarl yarns, knob yarns, slub yarn, and others. In terms of fiber, the fancy yarn market has been segregated into cotton, wool, silk, polyester, rayon, and others. Cotton, polyester, and various other synthetic & blended fibers are most commonly used to make different types of fancy yarns.

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Based on price range, the fancy yarn market has been classified into low, medium, and high. Based on end use, the global fancy yarn market has been split into fashion clothing, knitwear, ties, furnishings, curtains, upholstery, and others. As per the distribution channel, the global fancy yarn market has been bifurcated into online and offline. Companies are offering wide and exclusive range of fancy yarns through distributors and retailer networks.

The style conscious younger generation is increasingly investing in fashion clothing and always looking for diversified offerings. Fashion fabrics are used in knitwear, outwear, and men’s jackets, among others. Hence, it plays a crucial role in driving the fancy yarn market. Therefore, the rising importance and demand for fashion fabrics in furnishing projects, women’s clothing materials, and men’s suiting materials is expected to fuel the worldwide market growth of fancy yarns.

Fancy Yarn Market: Prominent Regions

Asia Pacific was the dominant and fastest growing market for fancy yarn in the year 2019. China and India are major markets for fancy yarn in the Asia Pacific region and are responsible for the growth of the fancy yarn market in the region in recent years. The evolution of the textile industry and rise in usage of fancy yarn in different industries are anticipated to drive the overall sales of fancy yarns in the near future.

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Fancy Yarn Market: Key Players

Key players operating in the global fancy yarn market include Filpucci Spa, Filati G.B. Srl, Ipeks Tekstil, Jiangyin Huayi Yarn Co., ltd, Laxtons Limited, Siyaram’s Silk Mills Limited, Sutlej Textiles and Industries Limited, Kongkiat Textile Co ltd, Winning Textile Co Ltd., Softech Controls Pvt. Ltd., PinterCaipo, Skaat Machine Works India Pvt. Ltd., Saurer AG, and Rieter.

Foot Care Products Market Size, Share, Status, SWOT Analysis and Forecast to 2025

From blisters to ingrown toenails to arthritis, injured feet present a public health concern. The American Academy of Orthopaedic Surgeons (AAOS) reports that approximately 43.1 million residents in the U.S. suffer from foot problems, which nearly equals to 1 in every 6 people. Foot care products include all products involved in the preventive and remedial care of ankle and foot. Every human being walks about 115,000 miles during his average lifetime, and 30% of people face foot problems at some point in their lives.

The problems could be due to ill-fitting shoes, result of injury, general wear or tear, or may result from disease complications. Foot care products are vital for avoiding and sustaining proper foot health. Patients suffering from circulatory diseases or diabetes mellitus are 20 times more likely to have foot problems. Problems with feet include planter warts, nerve disorder, foot pain, fungal infections, joint inflammation, torn ligaments, tissue injuries, broken bones, and bacterial infections.

The global foot care products market has maintained a constant growth rate from many years. There is an increasing requirement for foot maintenance products which can help to maintain better esthetics and hygiene. Fast changing lifestyle and changing fashion have increased the skin exposure of feet, thus leading to growing demands for foot care products. Foot care products have gained more popularity among women due to increasing trend of open-toe sandals and shoes.

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Nowadays, consumers are searching for foot repair ointments, cleansing lotions, creams, and sloughing scrub which can show immediate results. Aging baby boomers, increase in the number of diabetic patients, and infections due to bacteria are the major factors which are driving the growth of the global foot care products market. Additionally, the rise in consciousness, personal hygiene & fashion trends are some of the trends followed in society. For example, pedicure is increasingly adopted by people. Many of the foot care tools, devices, gels, creams, and medicines are used by pedicure centers, podiatry professionals, and diagnostic centers.

Conversely, factors such as weak distribution channels and less penetration of foot care products and tools might hamper the sales of foot care products, restricting the growth of the market during the forecast period. Countries with less disposable income and personal care spending, for example African countries, are anticipated to contribute less to growth of the global foot care products market.

The global foot care products market is segmented by product, condition, end-user, and region. In terms of product, the global foot care products market is segmented into antifungal treatment products, athlete’s foot treatments, blister treatments, foot bandages and toe separators, and others such as foot care, odor control, and pain management. Based on condition, the market is segmented into athlete’s foot, heel pain, calluses and corns, diabetic foot, and others. In terms of end-user, the market is classified as hospitals, private clinics, ambulatory surgical centers, academic and research institutes, and others.

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Geographically, the global foot care products market is distributed over North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominates the global market for foot care products. North America and Europe account for major shares of the global market. Consumers’ curiosity in foot care products that cleanse, exfoliate, moisturize, and provide cosmetic treatment has propelled many suppliers to provide new and innovative beauty-related foot care products. In the U.S., medications and devices constitute a major share of the market and are the fastest growing segments of the market for foot care products.

Major players operating in the global foot care products market include Johnson & Johnson, Merck & Co, Inc., Del Laboratories, HoMedics, Inc., PediFix, Inc., Dr Foot, Alva-Amco Pharmacal, Inc., Revlon, Inc., Aetrex Worldwide, Inc., Novartis Consumer Health, and Miracle of Aloe.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

USB Charger Market Overview, Trend Analytics and Forecast to 2027

According to a new market report published by Transparency Market Research , titled, ‘USB Charger Market {Product Type: USB Type A, USB Type B, and USB Type C (With PD, and Without PD); Charger Type: Wall Chargers (Type C and Type A), Portable Power Banks/Docking Systems/ Alarm Clocks (Type C and Type A), and Car Chargers (Type C and Type A); Port: One, Two, Three, Four, and Others; Power: 30W – 45W, 45W – 60W, 60W – 75W, and Above 75W; Application: Smartphones, Tablets, Laptops, Desktops, and Others (Speakers, Cameras, etc.); Distribution Channel: Online and Offline (Organized and Unorganized)} – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’.

Global USB Charger Market: Overview

  • The global USB charger market is expected to be valued at more than US$ 30,000 Mn in 2019. The global USB charger market is expected to grow at a CAGR of more than 7% from 2019 to 2027. The global USB charger market is expanding significantly in terms of size and value, due to the increase in electronic devices containing latest technologies, which is expected to boost the global market of USB chargers in the near future.
  • The Asia Pacific USB charger market holds a substantial share of the global USB charger market, followed by North America. Key players largely rely on strong distribution channels such as multi-brand distributors, OEM websites, and retailers of mobile accessories in order to better cater to customer demand and gain a competitive advantage in the USB charger market, which has propelled the demand for USB chargers in these regions.
  • The Asia Pacific USB charger market accounted for approximately 30% share of the global USB charger market in 2018, followed by North America and Europe. It is anticipated to maintain its dominance during the forecast period. This is due to increasing technological advancements, increasing disposable income, and rising population in the region.

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Global USB Charger Market: Driving Factors

  • USB-C power delivery is a new protocol specification that allows for rapid and more flexible charging. These factors are expected to drive the USB charger market during the forecast period.
  • Evolving domain of omni channel distribution strategy in the global USB charger market.
  • Furthermore, the high demand for products that are safe and that can be charged fast and conveniently is boosting the USB charger market in Asia Pacific.
  • Modern USB chargers contain upgraded technologies and sensors, which offer several features that make charging more convenient. Expansion of the USB charger market in emerging economies due to rising income and changing consumer preference toward e-Commerce are driving the business expansion of USB charger manufacturers, which, in turn, is boosting the USB charger market.

Global USB Charger Market: Key Challenges

  • Factor restraining the USB charger market growth during the forecast period:
    • Counterfeit products posing a threat

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Global USB Charger Market: Market Preference

  • Based on product type, the USB type A segment accounted for a leading share of the global USB charger market in 2018. However, the USB type C segment is projected to expand at a significant growth rate in the near future, as several USB charger brands are moving from standard USB type C chargers to advanced in-built features such as with PD USB type C chargers. The USB type C segment, without PD, held a major share of the segment, while the PD sub-segment is projected to expand at a rapid pace during the forecast period.
  • In terms of charger type, the wall chargers segment accounted for a major share of the global USB charger market in 2018. It is estimated to maintain its prominent position during the forecast period. However, the portable power banks/docking systems/alarm clocks segment is anticipated to expand at a rapid pace during the forecast period.
  • In terms of application, the smartphones segment is prominent in the USB charger market due to the rising demand for smartphones, worldwide.

E-Scrap Recycling Market Trend | COVID – 19 Outbreak, Growth and Forecast to 2027

Transparency Market Research delivers key insights on the global e-scrap (electronic scrap) recycling market. In terms of revenue, the global e-scrap recycling market is estimated to expand at a CAGR of ~7% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the global e-scrap recycling market report.

In this market report, TMR predicts that, the increased use of electronic products such as laptops, computers, mobile phones, television sets, and other electrical and electronic household appliances is anticipated to drive the e-scrap recycling market. Additionally, the recycling of e-scrap for the recovery of various metals is important from the point of saving energy. Moreover, the recycling of e-scrap would also help in reducing the burden on mining ores for primary metals.

This, in turn, is anticipated to boost the electronic scrap recycling market. However, the high initial investment associated with the collection and recycling process of e-scrap recycling is anticipated to restrain the growth of the global electronic scrap recycling market. The need for advanced technology and additional cost for the maintenance of e-scrap recycling devices is also a concern raised by manufacturers, which is considered to be a drawback for the industry. This also restrains the growth of the global e-scrap recycling market.

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Most e-waste is expected to be generated in urban areas, and it is particularly important to properly manage this e-waste properly, improve collection and recycling rates, and reduce the amount of e-waste that ends up in dumpsites. The move toward smart cities and the use of information & communication technology for waste management offers new and exciting opportunities. In addition, the untapped areas of the Middle East & Africa and South America also provide opportunities for new players to enter the electronic scrap recycling business.

Valuable materials have become a major source of income for buyers. This has resulted in the tracking of trans-boundary movement of e-scrap. The rising demand for smart consumer electronic devices is another key trend in the growth of the e-scrap recycling market. Electronic and electrical equipment with advanced technology have limited service life. This has simultaneously increased the supply of electronic and electrical equipment, resulting in growth of the e-scrap recycling market. Rise in the awareness among electric and electronic product users about environmental issues faced by landfills is expected to drive the e-scrap recycling market in the coming years.

Avoiding the usage of landfills minimizes their propensity to cause health and environmental hazards. E-scrap contains a substantial amount of toxic and non-biodegradable substances such as lead, mercury, cadmium, arsenic, and antimony. It also contains precious metal such as gold, silver, palladium, tantalum, and gallium. This has resulted in recovering or the reuse of precious metals, thereby resulting in overall growth of the electronic scrap recycling market.

E-Scrap Recycling Market: Key Segments

According to the report, large white goods such as refrigerators & freezers, washing machines, and dishwashers dominated the electronic scrap recycling market in 2018. The increasing use of refrigerators and freezers, washing machines, dishwashers, and many other consumer electronic goods has resulted in increased recycling of large white goods. Moreover, stringent regulatory framework regarding the recycling of electronic waste across the globe has resulted in the growth in the recycling of large white goods. Large white goods are closely followed by small household appliances such as toasters, coffee makers, and hair dryers, owing to their increased usage around the world. IT products such as computers and laptops, telephones, and mobile phones, as well as printers and scanners, have also acquired a substantial market share in e-scrap recycling.

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In terms of processed material, metals is a dominant segment, and the segment is anticipated to expand during the forecast period, owing to the rising demand for metals in the overall electric and electronic products manufacturing sector. Plastic, on the other hand, is gradually gaining market share, owing to its extensive application in consumer electronic products. A wide range of plastic resins such as acrylonitrile butadiene styrene (ABS), high impact polystyrene (HIPS), and expanded polystyrene (EPS) is widely used in various consumer electronic products. Plastic recycling is anticipated to increase considerably in the next couple of years due to its increasing usage.

E-Scrap Recycling Market: Prominent Regions

Europe dominated the global e-scrap recycling market, followed by Asia Pacific. The dominance of Asia Pacific can be attributed to the presence of a strong scrap recycling and electronic and electrical product industry. China and India are the major recyclers of electric and electronic products, thus driving the Asia Pacific electronic scrap recycling market. Key e-scrap recycling players such as JX Nippon Mining and Metal Corporation, DOWA Holdings Co., Ltd., Enviro-Hub Holdings Ltd., Ecoreco Ltd. and Sims Metal Management are present in the region.

E-Invoicing Market Analysis, Forecast, Industry Analysis and Forecast 2020-2026

Electronic invoicing which is also known as e-Invoicing is the interchange of the invoice document between the supplier and the buyer in an integrated automated format. Conventionally, invoicing, was like a kind of heavily paper-based procedure, which is manually exhaustive and it is also prone to human error causing in increased cost and processing lifecycle for the companies. The growth of e-invoicing market is highly reliant on the growth of overall adoption of paperless invoicing model globally.

For purpose of in depth analysis, the e-invoicing market has been segmented on the basis of channels, end users and geography. Based on the used channel type, the market has been segmented into three types they are like B2B, B2G and G2B. Different end users of e invoicing include the consumer and business & government. Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as  Europe, North America, Asia Pacific, Middle East and Africa and Latin America.

Continuously growing need to automate the invoicing procedure and to reduce the overall operational cost is a major growth driver for the e-invoicing market. Emergence of the public and private cloud computing is also acting as a key driving factor for the e-invoicing market. Therefore, the growing need of faster payment and processing cycle and enhanced account reconciliation are the main factor anticipated to catalyse the growing demand of e invoicing during the forecast period from 2017 to 2025. In addition, improved cash management, better dispute handling and alternative finance option is also anticipated to increase the demand of e invoicing in the upcoming years. In turn this is also projected to affect the e-invoicing market in a positive manner during the forecast period.

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In spite of many driving factors, the e-invoicing market is expected to show a shrink and fluctuation in growth rate because of the complexity involved in the electronic purchasing procedure. Security issues involved with the uploading of invoices in a secured server and presence of offline customers who does not have any existing email id or who does not have any internet access are acting as restraining factors for the global e-invoicing market. The growing demand for improved dispute handling and better supplier relationship is going to create significant opportunity for e invoicing in coming years. Apart from that improved compliance and enhanced IT system optimisation is also acting as an opportunity factor for the e-invoicing market in the forecast period from 2017-2025.

By type of end user, the business & government type held the largest market share because of availability of electronic tax compliances and original invoices in the dedicated secured government servers. However, the consumer segment is projected to achieve steady growth during the forecast period. Availability of dynamic discounting and trade finance is driving the market for various end user segments.

Geographically, the global e-invoicing market is mainly driven by North America region. Growing volume of e invoices along with the higher adoption of electronic transaction between the trading partners is driving the market of North America region. Rapidly growing demand of e invoicing in B2B segment is predicted to fasten the demand of e invoicing in the U.S., thereby expected to drive the e-invoicing market rapidly. Europe and Latin America is expected to grow significantly in the market during the forecast period because of the higher adoption of e invoicing in government sector.

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Some of the leading players operating in the e-invoicing market includes Ariba Inc. (The U.S.),IBM (The U.S.), Nipendo (The U.S.), ReadSoft (The U.S.), Taulia (The U.S.), TradeShift (The U.S.), Transcepta LLC (The U.S.),Cegedim (France), Comarch (Poland) among others.

Automated Storage and Retrieval System (ASRS) Market Share 2020- COVID-19 Analysis, Growth, Forecast, Predicted to Accelerate by 2020-2027

Thanks to the emergence of the global automated storage and retrieval system (ASRS) market, the materials flow and control are improved by technologically evolving. ASRS is controllable system that uses load recovery to automatic positioning of goods from predetermined storage locations. Automated storage and retrieval systems (ASRS) is used by a wide range of industries, including chemicals, automotive, food and beverages, e-commerce, and others. Automated storage and retrieval systems minimize labor costs while enhancing the efficiency and productivity.

Global Automated Storage and Retrieval System (ASRS) Market: Notable Developments 

The global ASRS market is growing at a rapid rate, and is boosted by the swift advances in technology. Here are some notable developments that could impact the global automated storage and retrieval system market in the coming years:

  • Smart Material Handling System

The launch of a AS-30 Sliding Shoe Sorter was announced in November 2015 by Wynrights, a subsidiary of the Daifuku North America Holding Company and a leading U.S. provider of smart material handling systems. The introduction of such innovative products is expected to boost the automated storage and retrieval system (ASRS) market.

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  • Knapp AG Expansion Plans

Knapp AG has been expanding its North American headquarters in Georgia in June 2017. In June 2017 the Knapp AG has been announced. This growth is reported to increase to 150 US staff and hosts technology shows, showrooms and training facilities in the company. Expansions of such prominent players are expected to benefit the global ASRS market extensively.

  • Daifuku Partnership with Fast Retailing

Daifuku and Fast Retailing signed a Strategic Partnership Agreement in October 2018. These two companies will contribute to a long-term business development for both companies, as well as a stable logistical function. This partnership will involve them. Fast Retailing and Daifuku will make use of their knowledge and experience for logistics reform and enhancement. Daifuku is a prominent vendors operating in the global automated storage and retrieval system (ASRS) market, and is likely to remain a dominant name in the coming years.

Key players in the global automated storage and retrieval systems market include Dematic, Murata Machinery, Daifuku, Beumer Group, System Logistics Corporation, and KNAPP AG.

Global Automated Storage and Retrieval System (ASRS) Market Dynamics

In terms of volume and variety, demand for consumer products has grown. This rise in demand increases the pressure on warehouses, without wastage and loss arising from handling and storage, to store and retrieve products. The ASRS device and the software allow the material flow control in every facility in real time so that it is the perfect solution for all warehouses and distribution centers.

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Given the trend in global e-commerce, demand for ASRS in the retail industry is expected to increase over the forecast period. Increased real estate costs around existing facilities inspire sectors to choose such systems, because ASRS offers additional benefits, such as optimum space usage and greater inventory control. This is one of the prominent drivers of the global automated storage and retrieval systems market across the globe.

The worldwide demand for consumer electronics is further driving the growth of the global automated storage and retrieval system (ASRS) market. Continuous innovation and advances in technology in consumer electronic products have boosted demand for this industry like artificial intelligence, IoT and virtual reality. This demand fuels the automated storage and retrieval systems market to a large extent.

Asia Pacific to Register High Potential in Global ASRS Market

It is estimated that the Asia Pacific ASRS market will have the highest growth in CAGR over the forecast period. The growth of the electronics trade industry is projected to trigger the growth of automated storage and retrieval systems in the region. Furthermore, Asian-Pacifist countries like China, Japan, Malaysia, South Korea, Indonesia, and Taiwan have seen increasing automation demand. Stronger regulation of employee safety and a need for greater accuracy and control of processes are the reason for this unprecedented demand in the regional ASRS market.

Earthquake Early Warning System Market To 2030 –Global Market Size, Development Status, Top Manufacturers, And Forecasts

Transparency Market Research delivers key insights on the global earthquake early warning system market. In terms of revenue, the global earthquake early warning system market is estimated to expand at a CAGR of ~6% during the forecast period of 2020-2030, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global earthquake early warning system market.

The global earthquake early warning system market is broadly affected by several factors that includes convergence of digital devices and technologies with traditional business processes, and increasing frequency of natural disasters around the globe, which is gradually enhancing the demand for earthquake early warning systems, in turn accelerating the growth of the earthquake early warning system market across the world. The report analyzes the global earthquake early warning system market and provides estimates in terms of revenue (US$ Mn) from 2018 to 2030.

Earthquake Early Warning System Market: Market Dynamics

The number of natural disasters has increased over the past 20 years. Imbalance in the environmental cycle and rising global warming have increased seismic activity related natural disasters. Earthquakes are a common and major disaster, which results in huge economic as well as life loss. It also hampers civil and industrial activity & productivity as well as affects the people in the area where the earthquake has occurred. Earthquake-related disasters pose both direct influences (damage to infrastructure and buildings, and loss of life and property) and indirect influences (losses in livelihoods and productivity, increased investment risk, indebtedness and ground shaking, surface faulting, ground failure, and less commonly, and tsunamis).

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According to the United Nations, in the year 2018 alone, approximately 60 million people was affected by extreme weather events round the world, thousands of lives were lost due to earthquakes, volcanic activities and tsunamis, and millions of people were evacuated due to drought, earthquakes, and storms. Such high volume loss has led to the rise in demand and need for earthquake early warning systems, which have the ability to suspect the threat of upcoming earthquakes, which could reduce direct as well as indirect loss.

The impact of this driver is likely to be high in short term and medium term, as losses, which have occurred in the past are high. Earthquake early warning systems are in high demand across the globe to reduce the risk of loss due to earthquakes. The impact is projected to be medium in the long term with the rise in number of installations of such systems.

Key Challenges Faced by Earthquake Early Warning System Market Players

Improper functioning of sensors in dust layering & sudden shock may restrain the growth of the earthquake early warning system market, as sensors play a crucial role in detecting the magnitude of P-waves of the earth crust. This can hamper the growth of the earthquake early warning system market.

Earthquake Early Warning System Market: Prominent Regions

The global earthquake early warning system market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is a developed region and hence, innovation and new technologies are projected to be trends witnessed in the region over the next few years. North America held a prominent share of the global earthquake early warning system market in 2019 and is expected to retain supremacy in the market, due to the presence of prominent players and government funding for deploying earthquake early warning systems to detect shaking from a large earthquake and rapidly determine the location and magnitude.

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The U.S. is estimated to hold a notable share of the earthquake early warning system market in North America, and the market in the country is projected to expand at a CAGR of 7.2% during the forecast period, as the U.S is one of the earthquake prone areas of North America. For the same reason, North America is expected to witness highest opportunity addition in the market globally, with Europe and Asia Pacific being the next closest regions.

The earthquake early warning system market in Europe is projected to witness favorable growth during the forecast period, due to increasing awareness of earthquake early warning systems by advancing their research, technology, infrastructure, and communications, so as to enhance the early warning systems with GNSS (Global Navigation Satellite Systems) to reduce risks from anticipated hazards. The market in Asia Pacific is expected to experience substantial growth during the forecast period. This is mainly due to the adoption of earthquake early warning systems in Japan, Singapore, China, India, Malaysia, Taiwan, etc.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...