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According to a new market research report titled, ‘Geospatial Solutions Market by Offering, Application, Organization Size, Deployment Mode, End-use Industries (Natural Resources; Security & Defence; BFSI; Media & Entertainment; Healthcare; Architecture, Engineering) – Global Forecast to 2029,’ the global geospatial solutions market is projected to reach $845.7 billion by 2029, at a CAGR of 16.9% from 2022 to 2029.

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Geospatial solutions collect, manage, organize, and store data pertaining to geographic information. These enable consumers to acquire data referenced to the earth and use it for analysis, modelling, simulations, and visualization.

Geospatial solutions are increasingly gaining traction due to their utilization across various end-use industries such as BFSI, healthcare, natural resources, manufacturing, transportation & logistics, and security & defence. The growth of the global geospatial solutions market is driven by the surge in demand for GIS & asset mapping solutions, the growing proliferation of IoT and connected devices, and the high adoption of cloud computing. However, the data privacy concerns, and high set-up and operating costs are notable restraints for market growth. The growing demand for mobile mapping systems and government initiatives to promote smart infrastructure are expected to offer significant growth opportunities for the players in this market. However, geospatial data integration challenges and the lack of a CORS network pose serious challenges to the growth of the geospatial solutions market.

Impact of COVID-19 on the Geospatial Solutions Market

The spread of COVID-19 severely impacted the performance of several industries and economies globally, including the geospatial solutions market. The pandemic created several challenges for this market due to the lockdowns imposed during the second and third quarters of 2020. The pandemic lowered consumers' financial potential, which decreased the sales of geospatial solutions.
However, in 2021, major industries, including healthcare, retail, manufacturing, and natural resources, started recovering from the economic setbacks. The delayed and postponed orders for geospatial solutions negatively impacted this market during the pandemic. However, the market started recovering rapidly in the last quarter of 2020.

The deployment of geospatial solutions promotes location intelligence, situational analysis, and awareness, which are important factors for crisis management. The players in this market plan to move forward and capitalize on the lucrative market growth opportunities resulting from the pandemic. The geospatial solutions market is projected to transform drastically over the coming years. Several leading companies are rapidly growing through product launches, enhancements, partnerships, and collaborations. For instance:

In 2021, Trimble Inc. (U.S.) expanded its geospatial automated monitoring portfolio with world sensing geotechnical IoT solutions.
In 2020, Hexagon’s Safety, Infrastructure & Geospatial division (a subsidiary of Hexagon AB) (Sweden) launched the Luciad 2020.1, a significant update to its platform for building advanced location intelligence and real-time situational awareness applications.

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The global geospatial solutions market is segmented by offering (solution, services), application (surveying, military/border security, disaster management, marketing management, urban planning, public safety, and asset management), organization size (SMEs, large enterprises), deployment mode (on-premise deployments, cloud deployments), and end-use industries (natural resources; security & defense; BFSI; media & entertainment; healthcare; architecture, engineering & construction; education; telecom & IT; manufacturing; oil & gas; retail; transportation & logistics; and utilities). The study also evaluates industry competitors and analyses the regional and country-level markets.

Based on offering, the global geospatial solutions market is segmented into solutions and services. In 2022, the services segment is expected to account for the largest share of the global geospatial solutions market. The large market share of this segment is attributed to the increasing demand for geospatial services for land surveying, mapping, data visualization, and GIS services. This segment is also projected to register the highest CAGR during the forecast period.

Based on application, the geospatial solutions market is segmented into surveying, military/border security, disaster management, marketing management, urban planning, public safety, and asset management. In 2022, the surveying segment is expected to account for the largest share of the global geospatial solutions market. The large market share of this segment is attributed to the growing need for interpretation/analysis and presentation of the natural, social and economic environments; better land management solutions; the rising popularity of land surveying solutions for infrastructure management and development; and land management and reform across urban and regional planning. This segment is also projected to register the highest CAGR during the forecast period.

Based on organization size, the global geospatial solutions market is segmented into SMEs and large enterprises. In 2022, the large enterprises segment is expected to account for the largest share of the global geospatial solutions market. However, the SMEs segment is projected to register the highest CAGR during the forecast period. Open access to geospatial data has been proven advantageous to SMEs, which was earlier considered a major hindrance due to their revenue constraints.

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Based on deployment mode, the geospatial solutions market is segmented into on-premises deployment and cloud deployment. In 2022, the cloud deployment segment is expected to account for the largest share of the global geospatial solutions market. The large market share of this segment is attributed to the rising demand for viewing, creating, monitoring, managing, and analyzing geospatial data through cloud platforms. Additionally, the high demand for cloud-based GIS solutions for landslide mapping and safe construction planning and the growing benefits of cloud-based solutions such as data access, easy distribution, and centralized data capture and analysis is expected to further the growth of this segment. This segment is also projected to register the highest CAGR during the forecast period.

Based on end-use industry, the global geospatial solutions market is segmented into natural resources; security & defense; BFSI; media & entertainment; healthcare; architecture, engineering & construction; education; telecom & IT; manufacturing; oil & gas; retail; transportation & logistics; and utilities. In 2022, the transportation & logistics segment is expected to account for the largest share of the global geospatial solutions market. This segment's large market share is attributed to the growing need for geospatial data for transportation management & planning, the rising demand for location-enabled intelligent mapping solutions, geospatial solutions to promote route planning and ensure safety, and the increasing need for geospatial data to improve delivery schedules.

Based on geography, the global geospatial solutions market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, North America is expected to account for the largest share of the global geospatial solutions market. The large market share of this region is attributed to favorable government policies supporting the easy sharing of geospatial data between private organizations, promoting this market’s growth.

Some of the key players operating in the global geospatial solutions market are HERE Technologies (Netherlands), ESRI (U.S.), TomTom N.V. (Netherlands), Google LLC (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Trimble, Inc. (U.S.), Orbital Insights (U.S.), Oracle Corporation (U.S.), RMSI Pvt. Ltd. (India), Precisely (U.S.), General Electric (U.S.), Hexagon AB (Sweden), Cyient Limited (India), L3Harris Technologies, Inc. (U.S.), Fugro N.V. (Netherlands), Foursquare (U.S.), Carmenta (Sweden), Maxar Technologies (U.S.), and Cesium GS, Inc. (U.S.).

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According to a new market research report titled, ‘Agricultural Micronutrients Market by Type (Zinc, Iron, Copper, Molybdenum), Crop Type (Cereals and Grains, Fruits and Vegetables), Form (Non-chelated, Chelated), Mode of Application (Soil, Foliar, Fertigation, Seed Treatment) – Global Forecast to 2030,’ the agricultural micronutrients market is projected to reach $13.35 billion by 2030, at a CAGR of 8.4% from 2023 to 2030.

Agricultural micronutrients are essential because they play a significant role in the growth and development of plants. While plants require large quantities of macronutrients like nitrogen, phosphorus, and potassium, they also need micronutrients such as zinc, iron, manganese, copper, molybdenum, boron, and others in smaller amounts for their proper functioning. Micronutrient deficiencies can negatively impact plant growth and productivity.

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Further, micronutrient applications can increase crop yield and quality. For instance, zinc is critical for proper seed and fruit development, while iron is essential for chlorophyll synthesis and photosynthesis. Also, it helps to maintain soil fertility and sustainability. Continuous cropping and intensive agricultural practices can deplete micronutrient levels in soils over time. Applying micronutrient fertilizers or amendments helps replenish these nutrients and ensures balanced nutrient management for long-term soil health. So, agricultural micronutrients are essential are plant growth.

The global agricultural micronutrients market is segmented by type, crop type, form, mode of application, and geography.

Key Findings in the Global Agricultural Micronutrients Market Study:

Based on type, in 2023, the zinc segment is expected to account for the largest share of the global agricultural micronutrients market. The large market share of this segment is attributed to the rising awareness about the wide range of functions that zinc plays in plant growth and how zinc deficiency in soils affects plants, the growing demand to meet issues with food security challenges, and the rising demand for zinc nutritious food products due to its health benefits. Moreover, the increasing government initiatives globally to enhance zinc concentrate in the soil to increase quantitative and qualitative crops further support the growth of this segment.

Based on crop type, in 2023, the cereals & grains segment is expected to account for the largest share of the global agricultural micronutrients market. The large market share of this segment is attributed to the rising demand for food grains due to the growing population, increasing industrial application of cereals & grains, and huge production of staple crops such as wheat, maize, rice, and barley, which form the primary food source for a major population of the world. However, the fruits & vegetables segment is projected to grow at the highest CAGR during the forecast period of 2023–2030. The growth of this segment is driven by the increasing production of fruits and vegetables due to the rising consumption of healthy foods, growing demand for organic fruits and vegetables, and micronutrient deficiency in fruit and vegetable crops.

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Based on form, in 2023, the non-chelated micronutrients segment is expected to account for the larger share of the global agricultural micronutrients market. The large market share of this segment is attributed to the increasing application of non-chelated micronutrients because of their low price over chelated form micronutrients. However, the chelated micronutrients segment is projected to record the higher CAGR during the forecast period due to its high stability over the non-chelated micronutrients, the growing need to increase micronutrient utilization efficiency, and the development and application of new generations of chelates.

Based on mode of application, the soil treatment segment is projected to register the highest CAGR during the forecast period. The rapid growth of this segment is mainly driven by the rampant use of traditional agriculture methods in the current farming system, the availability of very limited resources, and the lower adoption of advanced fertilizer application methods.

Based on geography, in 2023, Asia-Pacific is expected to account for the largest share of the global agricultural micronutrients market. The large share of this market is mainly attributed to the huge area under crop cultivation, growing population, increasing demand for high-quality food, and rising focus on agricultural micronutrients to improve crop productivity and crop yield in emerging economies like China and India. Additionally, the increasing agricultural practices and the necessity of high-quality agricultural produce are anticipated to further support the growth of this market. Moreover, this region is projected to register the highest CAGR during the forecast period due to the vast depletion of arable land, rising micronutrient deficiency in soil and huge areas of infertile soil, and the increasing government support for the fertilizer industry.

In recent years, the global agricultural micronutrients market has witnessed several product launches, partnerships, agreements, collaborations, expansions, and mergers. The key players operating in the global agricultural micronutrients market are AgroLiquid (U.S.), Aries Agro Limited (India), BASF SE (Germany), BMS Micro-Nutrients NV (Belgium), Coromandel International Limited (India), Haifa Group (Israel), Helena Agri-Enterprises, LLC (U.S.), Koch Industries, Inc. (U.S.), Nouryon (Netherlands), Nufarm Limited (Australia), Nutrien Ltd. (Canada), The Mosaic Company (U.S.), VALAGRO S.P.A (Part of Syngenta AG) (Italy), and Yara International ASA (Norway).

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According to a new market research report titled, ‘Microbubbles/Ultrasound Contrast Agents Market by Application (Diagnostic Imaging [Cardiovascular, Renal, Abdominal, Breast] Therapeutics) Type (Lipid, Protein, Polymer) End User (Hospitals & Clinics, Diagnostics Laboratories)- Global Forecast to 2030,’ published by Meticulous Research®, the microbubbles/ultrasound contrast agents market is projected to reach $1.95 billion by 2030, at a CAGR of 15.2% from 2023 to 2030.

Ultrasound contrast agents are gas-filled microbubbles that are used to improve the capabilities of diagnostic imaging. They play an important role in ultrasound imaging and ultrasound-mediated therapy. Microbubble contrast agents are giving new avenues for therapeutic applications of ultrasound in drug delivery, gene therapy, and thrombolysis.

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The report also includes an extensive assessment of the key strategic developments of leading market participants in the industry in the last three to four years. The global microbubbles/ultrasound contrast agents’ market has witnessed several strategic developments in recent years.

The high demand for image & diagnostics-guided procedures, the growing aging population, coupled with the rising prevalence of chronic diseases, technological advances in ultrasound imaging, and favourable reimbursement policies for contrast-enhanced procedures are driving the growth of this market. In addition, increasing microbubbles/ultrasound contrast agents-related research activities will likely offer better opportunities for market growth. However, the complexity involved in contrast-enhanced Ultrasound (CEUS) is expected to restrain the market's growth to some extent.

Aging Population Coupled with the Increasing Prevalence of Chronic Diseases to Drive the Demand for Microbubbles/Ultrasound Contrast Agents

Chronic diseases such as cardiovascular diseases, osteoarticular problems, sleep and mobility disorders, diabetes, and chronic ischemic heart disease is a major and common concern among the elderly population. They can lead to limitations in mental and physical abilities, hospitalization, and increased healthcare expenditures.

Osteoporosis is a common condition in the elderly population that can be detected using ultrasound. However, chronic diseases such as diabetes and cardiovascular disease can also affect bone health and may lead to false-positive results on ultrasound. Thus, it is important to consider the presence of chronic diseases in the elderly population when interpreting the ultrasound results.

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According to the World Population Ageing 2020 report released by the Department of Economic and Social Affairs, United Nations, globally, there were 727 million people aged 65 or above in 2020. It is estimated that by 2050 this number will reach 1.5 billion.
The aging population drives a rise in the number of people suffering from chronic diseases. Having an ultrasound near the bed is incredibly useful to older people who cannot move easily or may be anxious to travel to another setting. This increases the demand for ultrasound procedures for older adults. Ultrasound technology can be used for evaluating several disorders, such as bone health and diagnosing heart disease, which may lead to an increased demand for ultrasound in the geriatric population.
Hence, the aging population will likely increase the demand for microbubbles/ultrasound contrast agents due to growing utilization, the rising prevalence of chronic diseases, and the increased demand for healthcare services.

Microbubbles/Ultrasound Contrast Agents Market: Future Outlook

The microbubbles/ultrasound contrast agents market is segmented by type [lipid microbubbles, protein microbubbles, polymer microbubbles], application [diagnostics imaging {cardiovascular imaging, renal imaging, abdominal imaging, breast imaging, other diagnostics imaging applications}, therapeutic applications], end user (hospitals & clinics, diagnostics laboratories, other end users], and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

Based on type, the microbubbles/ultrasound contrast agents’ market is segmented into lipid microbubbles, protein microbubbles, and polymer microbubbles. The lipid microbubbles segment is expected to account for the largest share of the market in 2023. Lipid-based microbubbles ultrasound imaging with contrast agents has become an essential tool in clinical diagnostics. It is applied in drug delivery systems which are the materials working for soft synthetic shells. These lipid shells offer several ways to support additional functions over increased contrast, such as minimally invasive detection of biochemical signatures. Additionally, improved ultrasound imaging technology and safety & security support the largest share of the segment.

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Based on application, the microbubbles/ultrasound contrast agents market is segmented into diagnostics imaging and therapeutic applications. Diagnostic imaging is expected to account for the largest share of the microbubbles/ultrasound contrast agents market in 2023. The large market share of this segment is attributed to the technological developments in specialized application modalities, increasing awareness among people regarding early diagnosis, and the rising prevalence of chronic diseases, including cardiovascular diseases such as heart failure and coronary artery disease are the major causes of premature death every year. For instance, according to the Centers for Disease Control and Prevention, in 2020, about 523 million people had some form of cardiovascular disease and nearly 19 million deaths were caused globally.

Based on end user, in 2023, the hospitals & clinics segment is expected to account for the largest share of the microbubbles/ultrasound contrast agents market. People prefer visiting hospitals for treatment as hospitals or clinics have well-established infrastructure. Most people regained the accessibility of healthcare facilities and started visiting hospitals for routine checkups or testing, contributing to the large market share of the segment.

Based on geography, the microbubbles/ultrasound contrast agents market is segmented into North America, Europe, Asia-pacific, Latin America, and Middle East & Africa. In 2023, North America is expected to account for the largest share of the microbubbles/ultrasound contrast agents market. The large market share of this segment is primarily due to the aging population and increasing prevalence of chronic diseases, advanced healthcare systems in the U.S. and Canada, accelerated growth of economies and high adoption of advanced technologies.

Some of the key players operating in the microbubbles/ultrasound contrast agents market are Lantheus Holdings, Inc. (U.S.), GE HealthCare Technologies Inc. (U.S.), Bracco S.p.A. (Italy), Bristol-Myers Squibb Company (U.S.), Daiichi Sankyo Company, Limited (Japan), nanoPET Pharma GmbH (Germany), Leriva (Greece), Siemens Healthineers AG (Germany), Bayer AG (Germany), and Fujifilm Holdings Corporation (Japan).

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Scope of the Report:
Microbubbles/Ultrasound Contrast Agents Market Assessment – by Type
• Lipid Microbubbles
• Protein Microbubbles
• Polymer Microbubbles

Microbubbles/Ultrasound Contrast Agents Market Assessment – by Application
• Diagnostics Imaging
o Cardiovascular Imaging
o Renal Imaging
o Abdominal Imaging
o Breast Imaging
o Other Diagnostics Imaging Applications
• Therapeutics Applications

(Note: Other diagnostics imaging applications include cancer and ocular)

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Microbubbles/Ultrasound Contrast Agents Market Assessment – by End User
• Hospitals & Clinics
• Diagnostics Laboratories
• Other End Users
(Note: Other end users include pharmaceutical & biotech companies, research & academic institutes, and government laboratories)

Microbubbles/Ultrasound Contrast Agents Market Assessment- by Geography
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East & Africa

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According to a new market research report titled, ‘Managed Security Services Market by Service Type (Managed Detection and Response, Managed Identity and Access Management), Security Type (Cloud Security, Endpoint Security), Sector (BFSI, and Healthcare), and Geography – Global Forecast to 2030,’ the managed security services market is projected to reach $75.1 billion by 2030, at a CAGR of 18% from 2023–2030.

Managed security services (MSS) is a model to monitor and manage security devices, systems, and software-as-a-service (SaaS) applications. These services have gained popularity among corporate infrastructures, enabling businesses to scale their business continuity.

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The growth of the managed security services market is driven by the growing adoption of managed security services in the BFSI sector, rising cybercrimes and ransomware attacks, the rising trend of BYOD (bring your own device) in enterprises, and government initiatives aimed at encouraging the adoption of managed security services. However, the lack of trust among enterprises in giving full control of their system architecture to third-party service providers restrains the growth of the managed security services market.

Furthermore, the rising demand for advanced cybersecurity measures and the increasing adoption of cloud-based solutions among SMEs are expected to create growth opportunities in the market. However, one of the major challenges for the players operating in this market is the lack of awareness and misconceptions regarding managed security services among potential customers.

The managed security services market is segmented by service type (managed identity and access management, managed detection and response, managed threat hunting, managed security information and event management, managed firewall, and other service types), security type (cloud, application, endpoint, network, and other security types), organization size (large enterprises and small & medium-sized enterprises), and sector (BFSI, retail, IT & telecommunications, government, healthcare, energy & utilities, manufacturing, and other sectors.) The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on service type, in 2023, the managed detection and response segment is expected to account for the largest share of the managed security services market. The large market share of this segment is attributed to the rising need to monitor network traffic for signs of a possible attack, the growing demand for data protection in various sectors, and growing security breaches and cyber-attacks.

However, the managed identity and access management segment is slated to register the highest CAGR during the forecast period. The rising security breaches and identity-related frauds and the rising adoption of cloud-based identity management services are expected to support the growth of this segment.
Based on security type, in 2023, the network security segment is expected to account for the largest share of the managed security services market. The large market share of this segment is attributed to the increasing demand for filtering & monitoring network traffic, the growing need for network security and privacy, and the rising need to protect connected network infrastructure.

However, the cloud security segment is slated to register the highest CAGR during the forecast period. The rising need to protect data and connected devices from cyberattacks, malware, hackers, and unauthorized user access through cloud-based security services is expected to support this segment's growth.

Based on organization size, in 2023, the large enterprises segment is expected to account for the larger share of the managed security services market. The large market share of this segment is attributed to the high spending capabilities of large enterprises resulting in the increased adoption of managed security services and the availability of skilled IT personnel to manage security platforms. Furthermore, large enterprises focus on desired security channels against data breaches to retain customers, boost sales, and validate necessary steps to overcome market interruptions, which drives the increased adoption of managed security services among large enterprises.

However, the small & medium enterprises segment is slated to register a higher CAGR during the forecast period. The rising awareness about the significance of managed security services is expected to support the growth of this segment.

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Based on sector, in 2023, the BFSI segment is expected to account for the largest share of the managed security services market. The large market share of this segment is attributed to the rising fraudulent activities, rising adoption of managed security services for various financial processes, and rising demand for fraud detection. However, the healthcare segment is slated to register the highest CAGR during the forecast period.

Based on geography, the managed security services market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the managed security services market. North America’s large market share is attributed to the presence of leading managed security service providers and their increasing focus on developing advanced threat detection services.

However, Asia-Pacific is projected to register the highest CAGR during the forecast period. The infrastructural growth in APAC, especially in China, South Korea, India, Australia, Singapore, and Japan; the rapid growth of regional economies; the increasing number of cybercrimes; and the growing awareness about the importance of managed security services among small & medium-sized organizations offer growth opportunities for the players operating in the managed security services market.

The key players operating in the managed security services market are IBM Corporation (U.S.), Secureworks, Inc. (U.S.), AT&T Inc. (U.S.), NTT Corporation (Japan), Trustwave Holdings, Inc. (U.S.), Atos SE (France), CrowdStrike Holdings, Inc. (U.S.), Lumen Technologies (U.S.), F5, Inc. (U.S.), Fortinet, Inc. (U.S.), Kroll, LLC. (U.S.), CIPHER SECURITY LLC (U.S.), Nettitude Limited (U.S.), Ascend Technologies, LLC (U.S.), and Avertium, LLC (U.S.).

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Meticulous Research®—a leading global market research company, published a research report titled ‘Specialty Fertilizers Market by Type (Specialty NPK Fertilizers, Slow-release Fertilizers, Controlled-release Fertilizers), Form (Dry, Liquid), Mode of Application (Fertigation, Foliar), and Crop Type (Cereals & Grains, Fruits & Vegetables) – Global Forecast to 2030’.

According to this latest publication from Meticulous Research®, the specialty fertilizers market is projected to reach $42.57 billion by 2030, at a CAGR of 8.9% from 2023 to 2030. The growth of the specialty fertilizers market is driven by the declining availability of arable land and the rising demand for food, growing environmental concerns, and favorable government policies and regulations. However, high production costs restrain the growth of the specialty fertilizers market.

The increasing adoption of precision farming technologies is expected to generate market growth opportunities. However, the lack of awareness among farmers is a challenge for the stakeholders in this market. Additionally, the increasing use of nanotechnology in agriculture is a key trend in this market.
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Key Players

The specialty fertilizers market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the specialty fertilizers market are Nutrien Ltd. (Canada), Coromandel International Limited (India), Haifa Group (Israel), Yara International ASA (Norway), ICL Group Ltd. (Israel), EuroChem Group AG (Switzerland), Kingenta Ecological Engineering Group Co., Ltd (China), The Mosaic Company (U.S.), Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) (India), Sociedad Química y Minera de Chile S.A. (Chile), and Kugler Company (U.S.).

The specialty fertilizers market is segmented by type (specialty NPK fertilizers, slow-release fertilizers {sulfur-coated urea, and other slow-release fertilizers}, controlled-release fertilizers, agricultural micronutrients, and other fertilizers), form (dry specialty fertilizers, and liquid specialty fertilizers), mode of application (fertigation, soil application, and foliar spray), crop type (cereals & grains {maize/corn, wheat, rice, and other cereals & grains}, fruits & vegetables, oilseeds & pulses, and other crops), and geography (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the regional and country-level markets.

Based on type, the specialty fertilizers market is mainly segmented into specialty NPK fertilizers, slow-release fertilizers, controlled-release fertilizers, agricultural micronutrients, and other fertilizers. In 2023, the specialty NPK fertilizers segment is expected to account for the largest share of the global specialty fertilizers market. The large market share of this segment is mainly attributed to factors such as the growing population and the need to improve crop yields and soil fertility, the increasing demand for balanced nutrient solutions in agriculture, and the rising adoption of precision farming techniques. Moreover, the rising focus of governments in various countries to promote specialty urea fertilizers, advancements in fertilizer manufacturing techniques, and rising companies\' focus on the development of customized formulations are further expected to support the growth of this market across the globe.

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Based on form, the global specialty fertilizers market is segmented into dry specialty fertilizers and liquid specialty fertilizers. In 2023, the dry specialty fertilizers segment is expected to account for the largest share of the global specialty fertilizers market. The large market share of this segment is mainly attributed to the increasing adoption of controlled-release and slow-release fertilizers and the high efficacy and easier applicability of dry specialty fertilizers. Moreover, its cost-effectiveness, longer shelf life, ability to provide long-term release of nutrients, and high efficiency in all climatic conditions over its counterparts further support the growth of this market.

Based on application, the global specialty fertilizers market is segmented into fertigation, soil application, and foliar spray. The fertigation segment is expected to account for the largest share of the global specialty fertilizers market. The large market share of this segment is attributed to the high use of drip irrigation in crop production, increasing preference for drip irrigation, high availability of water-soluble and liquid fertilizers, rising automation in irrigation methods, and rising precision agricultural practices.

Based on crop type, the specialty fertilizers market is mainly segmented into cereals & grains, fruits & vegetables, oilseeds & pulses, and other crops. In 2023, the cereals & grains segment is expected to account for the larger share of the global specialty fertilizers market. The large market share of this segment is mainly attributed to factors such as the rising demand for food grains due to the growing population, high area under cereals and grains production such as wheat, maize, rice, and barley, and increasing industrial application of cereals and grains.
Geographic Review
This research report analyzes major geographies and provides a comprehensive analysis of Asia-Pacific (China, India, Japan, Australia, and Rest of Asia-Pacific), Europe (France, Germany, Spain, Italy, U.K., and Rest of Europe), North America (the U.S. and Canada), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa.

In 2023, Asia-Pacific is expected to account for the largest share of the global specialty fertilizers market. The large share of this market is mainly attributed to the presence of major specialty fertilizers suppliers in the region, a huge area under agriculture production, rising demand for high-yield crop products, and the growing support from various organizations & governments to enhance crop cultivation.

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Key Questions Answered in the Report:

What is the value of revenue generated by the specialty fertilizers market?
At what rate is the global demand for specialty fertilizers projected to grow for the next 5-7 years?
What is the historical market size and growth rate for the specialty fertilizers market?
What are the major factors impacting the growth of this market at global and regional levels?
What are the major opportunities for existing players and new entrants in the market?
Which type, form, mode of application, and crop type segments create major traction for the manufacturers in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the specialty fertilizers market?
Who are the major players in the specialty fertilizers market? What are their specific product offerings in this market?
What recent developments have taken place in the specialty fertilizers market? What impact have these strategic developments created on the market?
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Meticulous Research®—a leading global market research company, published a research report titled, ‘Taste Modulators Market by Type (Sweet Modulators, Salt Modulators, Fat Modulators), Form (Powder, Liquid), Application (Beverages, Food, Pharmaceuticals) – Global Forecast to 2030.’
According to this latest publication from Meticulous Research®, the taste modulators market is expected to record a CAGR of 8.5% from 2023 to 2030 to reach $2.79 billion by 2030. The growth of this market is driven by the rising consumer awareness regarding health and wellbeing, growing consumer demand for low-calorie food products with original taste, and the wide range of benefits of taste modulators. Additionally, the increasing demand for innovative beverages and the expanding functional food industry offers significant growth opportunities for taste modulator manufacturers. However, stringent regulations and international standards for taste modulators restrain the market’s growth.
Key Players
The key players operating in the taste modulators market are Koninklijke DSM N.V. (Netherlands), International Flavors & Fragrances, Inc. (U.S.), Givaudan SA (Switzerland), Kerry Group plc (Ireland), Ingredion Incorporated (U.S.), Symrise AG (Germany), Sensient Technologies Corporation (U.S.), Tate & Lyle PLC (U.K.), Corbion N.V. (Netherlands), Carmi Flavor & Fragrance Co. Inc (U.S.), Flavorchem & Orchidia Fragrances (U.S.), and Archer-Daniels-Midland Company (U.S.).
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The taste modulators market is segmented based on type, form, application, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

Based on type, the taste modulators market is segmented into sweet modulators, salt modulators, fat modulators, and other taste modulators. In 2023, the sweet modulators segment is expected to account for the largest share of the taste modulators market. The large market share of this segment is attributed to the desire for reduced sugar consumption, rising awareness about the ill effects of sugar consumption, growing incidences of diabetes and obesity, high demand for healthier and low-caloric foods, and expanding scope of application. However, the salt modulators segment is expected to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the enhanced flavor masking benefits and growing consumer awareness regarding excessive sodium intake.

Based on form, the taste modulators market is segmented into powder and liquid. In 2023, the powder segment is expected to account for the larger share of the taste modulators market. The large market share of this segment is attributed to the benefits offered by powdered taste modulators over liquid taste modulators, such as better homogeneity, ease of use, transportation, and storage, better stability, wide availability, better shelf-life, and effective product formulation. However, the liquid segment is expected to register the highest CAGR during the forecast period.
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Based on application, the taste modulators market is segmented into beverages, food, pharmaceuticals, and other applications. In 2023, the beverages segment is expected to account for the largest share of the taste modulators market. However, the food segment is projected to register the highest CAGR during the forecast period due to the growing need to maintain the mouthfeel and reduce the after-taste effect in processed foods and the growing consumption of confectionery, snacks & savory products, and bakery products.

Based on geography, in 2023, North America is expected to account for the largest share of the taste modulators market. North America’s major market share is attributed to an increase in consumer preference for innovation and healthy food products, growing health and wellness concerns, rising prevalence of chronic diseases, and a well-established food and beverage industry.
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Key questions answered in the report:

Which are the high-growth market segments in terms of type, form, application, and region?
What is the historical market for taste modulators across the globe?
What are the market forecasts and estimates for the period of 2023 to 2030?
What are the major drivers, restraints, challenges, opportunities, and trends in the taste modulators market?
How is the competitive landscape?
What are the recent developments in the taste modulators market?
What are the different growth strategies adopted by the major players in the market?
What are the key geographic trends, and which are the high-growth countries?
Who are the local emerging players in the global taste modulators market, and how do they compete with other players?

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#TasteModulators #food #foodandbeverages #foodindustry

According to a new market research report titled, ‘Negative Pressure Wound Therapy (NPWT) Market By Product (Conventional/Traditional, Single-use, Accessories), Wound Type (Diabetic Foot Ulcer [DFU], Venous Leg Ulcer, Surgical, Burn, Skin Grafts), and End User (Hospital, Home Care) – Global Forecast to 2030,' published by Meticulous Research®, the negative pressure wound therapy market is projected to reach $4.04 billion by 2030 at a CAGR of 6.0% from 2023 to 2030.

Negative pressure wound therapy (NPWT) is a technique used to stimulate wound healing. It involves applying controlled negative pressure to the wound site using a specialized dressing and suction device. This technique is usually used to treat and manage complex or chronic wounds. It has several benefits, such as improved wound healing, removal of excess wound fluid, protection against external contaminants, and pain alleviation. NPWT is commonly used to manage wounds such as diabetic foot ulcers, venous leg ulcers, surgical wounds, skin grafts, and burn wounds.

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The negative pressure wound therapy market is driven by the increasing prevalence of diabetes and chronic wounds, the rising elderly population, favorable reimbursement policies, and the increasing incidence of obesity and associated comorbidities. Furthermore, the technological advancements in negative pressure wound therapy devices and emerging economies are expected to provide significant opportunities for the growth of this market.

However, the high costs of NPWT devices and the potential risk of complications are expected to hinder the growth of this market. In addition, factors such as limited awareness and training among healthcare professionals and the lack of adherence to the treatment among patients due to discomfort pose major challenges to the market’s growth.
Improved Patient Outcomes from NPWT Driving the Market Growth

Negative pressure wound therapy (NPWT) has shown favorable results in promoting wound healing, shortening hospital stays, and enhancing patients' quality of life. The popularity of NPWT can be attributed to its numerous benefits, including improved wound healing, removal of excess wound fluid, protection against external contaminants, and alleviation of pain.
The vacuum which is applied to the wound stimulates blood flow and promotes the delivery of oxygen and nutrients to the wound. This process aids the process of tissue regeneration and the formation of granulation tissue. It also helps remove excess wound fluid, reducing edema and facilitating the removal of harmful substances from the wound. Thus, the increasing adoption of negative pressure wound therapy for effectively managing and treating complex and chronic wounds is driving the growth of this market.

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The report includes an extensive assessment of the market based on product, wound type, end user, and geography. The study also provides valuable insights into the key growth strategies adopted by major market players in the last three to four years.

The key players profiled in this market study are Acelity L.P. Inc. (U.S.), Cardinal Health, Inc. (U.S.), Convatec Group plc (U.S.), DeRoyal Industries, Inc. (U.S.), Genadyne Biotechnologies, Inc. (U.S.), Medela AG (Switzerland), Mölnlycke Health Care AB (Sweden), Smith & Nephew plc (U.K.), PAUL HARTMANN AG (Germany), and Talley Group Ltd (U.K.).
The negative pressure wound therapy market is segmented based on product, wound type, end user, and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on product, in 2023, the conventional/traditional NPWT devices segment is expected to account for the largest share of the negative pressure wound therapy market. The large market share of this segment is attributed to the rising prevalence of chronic wounds, widespread use of these devices in hospitals, proven clinical outcomes, and the high preference for conventional NPWT devices among healthcare professionals.

Based on wound type, in 2023, the diabetic foot ulcers segment is expected to account for the largest share of the negative pressure wound therapy market. The large market share of this segment is attributed to the increased prevalence of diabetes-associated wounds, heightened awareness regarding diabetic foot ulcers and their associated complications, the growing elderly population, and clinical evidence showcasing improved patient outcomes with the use of negative pressure wound therapy.

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Based on end user, in 2023, the hospitals & clinics segment is expected to account for the largest share of the negative pressure wound therapy market. The large market share of this segment is attributed to the growing utilization of negative pressure wound therapies in hospitals and clinics for the treatment and management of complex and chronic wounds, favorable reimbursement policies for wound care treatments, and the well-established infrastructure in hospitals and clinics to facilitate specialized treatments.

Based geography, in 2023, North America is expected to account for the largest share of the negative pressure wound therapy market, Followed by Europe, and Asia-Pacific. North America’s major market share is primarily attributed to the robust healthcare infrastructure in the region, high healthcare expenditure, technological advancements, favorable reimbursement policies, high awareness about NPWT, and the presence of key market players in the region. However, Asia-Pacific is slated to record the highest CAGR in the negative pressure wound therapy market during the forecast period. The growth of this regional market is driven by the increasing patient population, the rising prevalence of chronic diseases like diabetes, the ongoing development of healthcare infrastructure in the region, and favorable government initiatives aimed at enhancing wound care and promoting advanced medical technologies.

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Surgical Sutures Market by Type [Absorbable {Polyglactin, Polydioxanone, Poliglecaprone, Collagen} Nonabsorbable {Polypropylene, Nylon, Silk}] Structure [Monofilament, Multifilament] Coating [Uncoated, Antimicrobial] Application – Global Forecast to 2030

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Meticulous Research®—a leading global market research company, published a research report titled, ‘Fruit and Vegetable Ingredients Market by Category (Fruit, Vegetable), Type (Pieces, Powders, Concentrates, Purees, Paste), Nature (Organic, Conventional), and Application (Beverages, Bakery, Dairy, Soups, Sauces, Savory) – Global Forecast to 2030’
According to this latest publication from Meticulous Research®, the global fruit and vegetable ingredients market is projected to reach $294.5 billion by 2030, at a CAGR of 5.5% from 2023 to 2030. The growth of the fruit and vegetable ingredients market is mainly attributed to the growing demand for natural ingredients, the wide range of benefits of fruits & vegetable ingredients in the food & beverage industry, and the rising demand for RTE & RTD products. Furthermore, growing demand for functional food products and emerging economies are expected to create market growth opportunities. However, fluctuating raw material prices and problems associated with storage and material handling hinder the growth of this market to some extent.
The fruit and vegetable ingredients market is segmented by category (fruit ingredients and vegetable ingredients), type (concentrates, pieces & powders, NFC juices, paste & purees, and other types), nature (organic and conventional), application (beverages, bakery & confectionery products, dairy products, soups & sauces and savory & prepared food products, and other products), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at regional and country levels.
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Among all the categories studied in this report, the fruit ingredients segment is expected to account for the largest share of the global fruit and vegetable ingredients market in 2023. The large market share of this segment is attributed to factors such as the ease and widened adoption in various applications, low cost, and easy availability in various forms.
Among all the types studied in this report, the concentrates segment is expected to dominate the global fruit and vegetable ingredients market. The dominant position of this segment is mainly attributed to high adaptability in beverages and other applications offering a favorable taste, flavor, improved quality, and convenience. Also, minimized costs and limited logistical hassles support the growth of this segment.
Among all the natures studied in this report, the organic segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to factors such as increasing demand for organic food and beverages, the growing trend of sustainable & natural food, and rising awareness about clean-label products. Additionally, organic ingredients are perceived to be safer and healthier as they are free from any chemicals and pesticides, which further supports the growth of this segment.
Among all the applications studied in this report, the beverages segment is expected to dominate the global fruit and vegetable ingredients market. The large share of this segment is mainly attributed to the growing awareness of health benefits related to natural flavors in beverages, new product development & launches of beverages, rising demand for organic beverages, and growing popularity of flavored soft drinks. Also, the growing demand for health and sports drinks with enhanced nutritional value is expected to support the growth of this segment.
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Among all the regions studied in this report, in 2023, Europe is expected to account for the largest share of the fruit and vegetable ingredients market. The large market share of this region is attributed to factors like rising consumer demand for healthier and natural products, growing consumption of ready-to-eat food and beverage products with high nutritional value, and growing health and wellness concerns. Also, product launches with free-from, organic, and clean-label claims further augment the growth of this region.
Key Players
The global fruit and vegetable ingredients market is characterized by a moderately competitive scenario due to many large and small-sized global, regional, and local players. The key players operating in the global fruit and vegetable ingredients market are Archer-Daniels-Midland Company (U.S.), Olam International Limited (Singapore), Cargill, Incorporated (U.S.), AGRANA Beteiligungs-AG (Austria), Hans Zipperle AG/S.p.A. (Italy), Döhler GmbH (Germany), Ingredion Incorporated (U.S.), SunOpta (U.S.), SVZ International BV (Netherlands), and KangMed, Inc. (China).
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Key Questions Answered in the Report-
• What is the current value of revenue generated by the global fruit and vegetable ingredients market?
• At what rate is the global fruit and vegetable ingredients demand projected to grow for the next 5–7 years?
• What are the historical market sizes and growth rates of the global fruit and vegetable ingredients market?
• What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing players and new entrants in the market?
• Which segments in terms of category, type, nature, and application category create major traction for the manufacturers in this market?
• What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the fruit and vegetable ingredients market?
• Who are the major players in the global fruit and vegetable ingredients market? What are their specific product offerings in this market?
• What are the recent strategic developments in the global fruit and vegetable ingredients market? What are the impacts of these strategic developments on the market?

Smart Home Market by Product Type (Smart Lightning Systems, Smart Speakers, Smart Security & Monitoring Systems, Smart Home Appliances), Protocols & Standards (Wireless Protocols, Wired Protocols, Hybrid Protocols), and Geography – Global Forecast to 2030
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The Smart Home Market is projected to reach $308.9 billion by 2030, at a CAGR of 12.7% from 2023 to 2030. The growth of the global smart home market is driven by rising sense of home safety & security and the need to attain better energy efficiency. However, consumer reluctance towards technology adoption and the high cost of procurement may restrain the market's growth.
Furthermore, the significant growth opportunities in emerging Asia-Pacific and Middle East & Africa regions are expected to offer significant growth opportunities for the global smart home market. However, compatibility concerns with old infrastructure may hinder the growth of this market.
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Rising Sense of Home Safety and Security Drive the Global Smart Home Market
Physical safety and security have become one of the major concerns in the global real estate industry. Homeowners today are increasingly concerned about their families' and possessions' safety and security. This is largely driven by the large number of thefts and burglaries and the effectiveness of home security systems in curtailing these to a large extent. For instance, in 2020, 377,805 burglary cases were recorded in the U.S. Also, over 1 million home burglaries happen annually in the U.S. However, cases have steadily declined, and security systems are crucial in bringing down those numbers. Home without any security systems have 300% more chances of break-ins. In the U.S., four out of 10 consumers are willing to adopt smart home systems prioritize making their home more secure. Besides security systems, smart safety devices, including motion sensors, fire & smoke sensors, and leak detectors, among others, are also some of the key products adopted from the safety point of view.
Government bodies and several organizations are also focusing on offering various smart devices for consumer protection and security. For instance, in February 2022, Thales Group (France) launched its new IoT connectivity solution with improved reliability and security for smart grids and connected home appliances. Also, in May 2020, the U.K. government announced a GBP 400,000 funding pot to boost the security of smart consumer devices. Consequently, the growing sense of home safety and security is driving the adoption of smart security and safety devices, thereby contributing to the growth of the overall smart home market.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by major market players in the last three to four years. The key players profiled in the global smart home market study are Google LLC (U.S.), Apple, Inc. (U.S.), Amazon.com, Inc. (U.S.), Siemens AG (Germany), United Technologies Corporation (U.S.), Samsung Electronics Co., Ltd. (South Korea), Honeywell International, Inc. (U.S.), Johnson Controls International plc (Ireland), Schneider Electric SE (France), LG Electronics, Inc. (South Korea), Robert Bosch GmbH (Germany), ABB Ltd. (Switzerland), ASSA ABLOY AB (Sweden), General Electric Company (U.S.), Legrand SA (France), and Sony Corporation (Japan).
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Scope of the Report:
Smart Home Market Assessment, by Product Type
• Smart Lightning Systems
• Smart Speakers
• Smart HVAC Control
o Smart Thermostats
o Smart Vents
o Smart Air Conditioning
• Smart Security & Monitoring Systems
o Security Cameras
o Interface
o Smart Locks & Access Control
• Smart Entertainment Systems
• Smart Home Appliances
o Smart Washing Machines
o Smart Water Heaters
o Robotic Vacuum Cleaners
• Smart Kitchen Appliances
o Smart Refrigerators
o Smart Coffee Makers
o Smart Dishwashers
o Smart Ovens
• Smart Home Healthcare Systems
• Smart Furniture
o Smart Sofas and Recliners
o Smart Tables & Desks
Smart Home Market Assessment, by Protocols & Standards
• Wireless Protocols
o ZigBee
o Wi-Fi
o Bluetooth
o Z-Wave
o Thread
o Enocean
• Wired Protocols
o KNX
o UPB
o X10
o BACNET
o LONWORKS
o DALI
o MODBUS
o ETHERNET
• Hybrid Protocols
o Insteon
o C-Bus

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Smart Home Market Assessment, by Geography
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o Rest of Asia-Pacific
• Latin America
• Middle East & Africa

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