Surgical Scrub Market Is Anticipated To Grow At A CAGR of 4.4% By 2025

The global surgical scrub market size is expected to reach USD 236.2 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.4% over the forecast period. Increasing health concerns and awareness related to protection from germs are the major factors driving the market. Furthermore, incidence of hospital acquired infections is driving the demand for protective and preventive products including surgical hand scrub. This, in turn, is likely to drive the product demand over the forecast period.

Increase in surgeries may also be one of the reasons for the growth of the surgical scrub market. Surgical hand scrub is performed before carrying out any surgery. These procedures reduce the chance of contamination while performing surgeries. Increasing number of hospitals and clinics and rising hospital surgical procedures are anticipated to fuel the product demand over the forecast period. In 2017, Cardinal Health entered the surgical scrub industry and introduced new surgical scrub called ENDURA.

The gel segment accounted for the largest share of 72.5% in 2018. Increasing penetration of innovative products, coupled with easy availability, is expected to drive the market for gel over the forecast period. In recent years, 3M launched surgical hand scrub, which do not require water, is easy to clean, and kills 99% of microorganism in 15 second. Furthermore, Ecolab’s surgical scrubs provide sustained protection for six hours.

The hospital segment held the largest share of 53.7% in 2018. Increasing incidences of hospital acquired infections and improving healthcare infrastructure in developing countries such as India and China are expected to fuel the demand over the forecast period. Rising prevalence of infections and increasing number of surgeries are some of the key factors driving the segment.

Asia Pacific dominated the surgical scrub market in 2018. Increasing diseases and surgeries related to cardio and bones may lead to the market growth. Maximum cases of operations and surgeries in this region is driving the market. Increasing number of people traveling for medical procedures in India, China, Thailand, and Singapore owing to the presence of skilled medical practitioners is anticipated to drive the demand over the forecast period.

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Further key findings from the study suggest:

• By product, gel dominated the market and is anticipated to witness significant growth over the forecast period
• Asia Pacific dominated the global surgical scrub market in 2018 and accounted for 31.3% share of the overall revenue. This trend is projected to continue over the next few years
• The industry is highly competitive with the presence of main players like 3M, STERIS Life Sciences, BD, and Ecolabs
• Various manufacturers are concentrating on new product launches, capacity expansion, and technological innovation to estimate existing and future demand patterns from upcoming product segments.

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Cereal Bars Market Is Anticipated TO Grow At A CAGR of 6.1% By 2025

The global cereal bars market size is expected to reach USD 17.66 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.1% during the forecast period. Cereal bars are widely being consumed in developed economies. The growth in granola and nutrition bar product segment is expected to further drive the market. Rising awareness about the consumption of cereal bar is also likely to fuel the growth.

Growing emphasis on quality products in developed economies such as Europe and North America owing to the rising purchasing power of the consumers is expected to drive the market over the forecast period. Rising competition among manufacturers and an emphasis on product differentiation and innovation has led to the development of differently priced cereal bar products.

The need for the product to comply with stringent guidelines and the ability to meet the necessary rating criteria, in terms of regulations, depending upon the product is likely to pose a challenge to market growth over the next seven years. In addition, there is a rising pressure from consumers in terms of the quality cereal bars, which has led to a rise in product cost. The cost is mainly affected by the raw materials in use and the manufacturer has to bear the additional raw material prices.

Snacks bars segment led the cereal bars market and constituted more than half of the total market share in 2018. Some of the leading players in the market include General Mills, Inc.; Nestle S.A.; Atkins Nutritionals; Cliff Bar & Company; Kind LLC; Hain Celestial Group; and the Kellogg Company.

Cereal bars is a lucrative market on account of growing spending capacity of consumers. They are generally consumed between regular meals in smaller portions as compared to regular meals. Various popular product options include dried fruit snacks and granola bars.

Hypermarkets and supermarkets distribution channel type occupies a dominant market share owing to the fact that the consumers in this sector are more likely to be more selective pertaining to existence of several brands and about the products in various forms, quantity, quality, and cost.

Asia Pacific is one of the most noticeable markets and is expected to witness the fastest growth over the forecast period. Increasing household income and economic growth are some of the major drivers triggering the regional growth.

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Further key findings from the report suggest:

• Snack bars product segment is projected to register a CAGR of 5.6% from 2019 to 2025
• In terms of revenue, energy and nutrition product segment is anticipated to register the fastest growth in the forthcoming years
• Hypermarket and supermarket led the global cereal bars market with a share of over 45.49% in 2018
• Central and South America is a natural resource-rich region marked by the presence of expanding consumer base and low-cost labor markets. Rising middle-class income fueled healthy cereals bars to be reasonably priced for consumers is likely to fuel the regional growth
• Natural and healthy cereal bars is anticipated to have a decent upsurge in demand over the forecast period, on account of the increasing demand for the product as breakfast cereal bars, most particularly among individuals of all age groups in countries such as U.S., India, China, Germany, and Japan
• Some of the key companies present in the market are General Mills, Inc.; Nestle S.A.; Atkins Nutritionals; Cliff Bar & Company Hain Celestial Group; and The Kellogg Company. The market is extremely competitive with companies partaking in various initiatives including acquisitions, frequent mergers, strategic alliances, and capital expansion

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Knitted Fabric Market Is Growing At a Rapid Pace - Market Analysis and Forecast to 2025

The global knitted fabric market size is expected to reach USD 35.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.0% over the forecast period. Increasing application of knitted fabric as technical textile in the automotive, packaging, manufacturing, medical, and construction industries is expected to accelerate the growth of the market in the near future. Development of seamless and float plating technology has enhanced the production efficiency and widened the scope of the product over the world.

The technical application segment dominated the global market in 2018 and accounted for more than 80.0% share of the overall revenue. Technological advancements such as 3D knitting or spacer fabric have widened the scope of the product in various industries including apparel, construction, automotive, and household. Growing importance of medical textiles in the implantable medical device has expanded the scope of the product in the medical industry. Dimensional flexibility, controlled elongation, controlled porosity, and compressibility are favorable features of the product, thereby making it well-suited for medical application.

As of 2018, Asia Pacific held 70.2% share of the global revenue. China dominates the region with a major share of the overall revenue. India and Bangladesh are also important markets of this industry. Over the past few years, the knitwear industry of India has been witnessing significant growth. Rising popularity of comfort wear such as t-shirt is fueling demand for the product in this economy. In addition, rapid growth of the automotive, construction, and manufacturing industries of India is projected to boost the market growth in the upcoming years.

Key competitors of this industry include Baltex; Georg and Otto Friedrich GmbH; Jong Stit Co., Ltd.; Zhejiang Chaoda Warp Knitting Co., Ltd.; Haining Jinmao Warp Knitting Co., Ltd.; ABHINANDAN KNITS PVT LTD.; Guilford; Loyal Textile Mills Ltd.; Pacific Textiles Holdings Limited; TORAY INDUSTRIES, INC.; Teejay Lanka PLC; and SSM Industries.

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Further key findings from the study suggest:

• Asia Pacific for knitted fabric market held the largest share of 70.2% in 2018
• By product, warp-knit is expected to register the fastest CAGR of 6.4% from 2019 to 2025. The weft-knit segment held the largest share of over 60.0% in 2018
• The technical application segment dominated the market in 2018 and it is expected to maintain its lead in the projected years.

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Face Bronzer Market Size Worth $22.5 Billion By 2025 | CAGR: 9.5%

The global face bronzer market size is expected to reach USD 22.5 billion by 2025, expanding at a CAGR of 9.5%, according to a new report by Grand View Research, Inc. Increasing awareness of the functions of the cosmetic products such as concealing imperfections on the facial skin such as blemishes, pores, freckles, powder spots, under-eye is a key driving factor. Powder circles and wrinkles are uplifting the demand for specific face make-up cosmetics such as bronzers and blushers. In addition, there has been a remarkable rise in the demand for organic and natural face bronzers due to awareness of harmful side effects of the synthetic elements in these cosmetic products.

Furthermore, aggressive and glamorous promotions of these products and constant product innovations by the manufacturers have increased the demand for this product among the young population. Consciousness of women about their physical appearance and their inclination towards beauty products that help in enhancing their inherent beauty and highlighting certain facial features result in the market growth. Contouring helps in slimming down the forehead, nose, chin, jawline, and other parts of the face, while providing a bronze look to the face. The trend of the bronze look is expected to further drive the market. Moreover, influence of the emerging trend of different facial looks everyday amongst the youngsters is anticipated to fuel the market growth.

Increasing disposable income in the developing countries of Asia Pacific is driving the demand for face make-up cosmetic products. Furthermore, association of women to beauty in the film industry and worldwide beauty contests has spurred the demand among women. This has been influencing the women all over the globe to buy make-up products. The cream/liquid bronzer is anticipated to witness significant growth, followed by powder and stick face bronzers. This is due to the convenience and time-saving process of applying liquid bronzer with the help of spray and then brushing it to contour. Moreover, women claim to be satisfied with the liquid spray bronzer comparatively more since it stays for a longer time and gives an even texture.

Asia Pacific held the largest revenue share of 24.4% in 2018 owing to rising demand in countries such as India, Malaysia, and China and growing imports of natural and organic face make-up cosmetic products. The face bronzer market in North America is growing at a significant rate and it has held the largest share in the face bronzing powder segment, which, in turn, largely contributes to the growth of the North America market.

The manufacturers in North America are focusing on providing high-quality products by improving their production techniques. Key players are engaged in strategy implementation such as mergers and partnerships to expand their product portfolio and maintain a strong foothold in the market. Key players having a strong foothold in the global market include Chanel, Este Lauder Companies, Tom Ford, Benefit (LVMH), Bobbi Brown, MAC Cosmetics, Bourjois (Coty), NARS Cosmetics, Elizabeth Arden (Revlon), Vita Liberata, Jane Iredale, AVON, and LORAC.

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Further key findings from the study suggest:

• By product type, cream/liquid is projected to ascend at a CAGR of 9.8% over the forecast period. The powder segment dominated the face bronzer market with 49.6% share of the overall revenue in 2018
• Asia Pacific dominated the global market in 2018 and accounted for 24.4% share of the overall revenue. This trend is projected to continue over the next few years
• Countries such as U.S. and U.K. are considered to be the major markets due to high demand among the consumers, followed by Brazil, China, and Japan.

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Liquid Smoke Market Size Worth $92.3 Million By 2025 | CAGR: 7.2%

The global liquid smoke market size is expected to reach USD 92.3 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.2% over the forecast period. Growing popularity of liquid smoke as functional ingredients in manufacturing processed foods on account of its easy handling characteristics and high water solubility is expected to remain a key driving factor in the market. Furthermore, increasing consumption of barbeque dishes among working class population of developing economies including China and India is expected to open new avenues for the industry over the next few years.

North America generated a revenue of more than USD 18.0 million in 2018. This region is expected to foresee gains due to shifting preference for liquid smoke as browning agents, color stabilizers, and antimicrobial additives in the meat and sauce industry of U.S. and Canada. Furthermore, strong brand foothold of key liquid smoke industry participants including Red Arrow International LLC and Colgin through their well-established distribution networks in U.S. is projected to remain a favorable trend in the near future.

Asia Pacific is projected to account for a share of 20.5% by the end of 2025. This revenue growth is attributed to the positive outlook towards the food processing industry in the countries including China and India, wherein the governments are framing favorable laws and investments are increasing by multi-national companies. These policies are expected to expand the scope of liquid smoke as functional ingredients in manufacturing various processed foods produced in the aforementioned countries.

Meat products are expected to generate a revenue of USD 28.8 million by the end of 2025. Meat products have been the largest application segment for this product, wherein the primary purpose behind its use is to give a smoky taste to the meat products, such as barbeque sausages and salmon.

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Further key findings from the study suggest:

• By application, pet foods are projected to exceed a revenue of USD 10.0 million by 2025. Sauces accounted for 24.5% share of the overall revenue in the year 2018
• Europe is expected to account for 31.3% share of global revenue by 2025
• Key industry participants include Red Arrow International LLC; Baumer Foods Inc.; Azelis SA; B&G Foods Inc.; Ruteinberg Ingredients BV; Kerry Groupe PLC; MSK Ingredients; Redbrook Ingredients Services Ltd.; and Besmoke Ltd.

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