GMI Research

The Sparkling Coffee Market is estimated to grow at a significant 12.1% CAGR during the forecast period (2022-2029). The factors driving the growth of the Sparkling Coffee Market includes growing demand for convenient and ready-to-drink beverages, rising consumers inclination towards adopting healthy lifestyles, increasing consumption of coffee around the world and improvements in the living standards. According to the report published by Statista, the revenue generated by the sales of coffee products in India is expected to reach USD 0.83 billion by the end of 2022, growing at a CAGR of 4.68% over the forecast period (2022-2025), which will accelerate the Sparkling Coffee Market size in the approaching years. Moreover, increasing number of Free Trade Agreements (FTAs) signed between Governments of different countries, growing adoption of advanced technologies by manufacturers, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supple...

The Food Anti-Caking Agents Market is expected to reach around USD 1,265 million in 2029, growing at a CAGR of 5.1% over the forecast period (2022-2029). The factors driving the growth of Food Anti-Caking Agents Market includes growing demand for food ingredients such as baking powder, milk and cream powder and cake mixes, increasing consumers preference for convenience food products and improvements in the living standards. Moreover, growing adoption of advanced technologies by manufacturers, increasing consumption of processed and packaged food products and rapid urbanization, are some of the additional factors supplementing the Global Food Anti-Caking Agents Market . In addition, anti-caking agents are highly soluble in water and pother organic solvents and absorbs excess moistures by creating water repellent coating along with increasing investments by major companies on research and development and rising population growth rates, are further contributing towards the market growth....

 Insect Feed Market is expected to grow at a CAGR of 10.5% over the forecast period, till 2029. The factors driving the growth of Insect Feed Market includes growing consumption for meat and egg products around the world, high nutritional values provided by insects, changes in diet pattern, rise in the production of livestock and improvements in the living standards. Moreover, rising awareness about he benefits of insect feed products, high prices of soybean meals, wheat and corns, high feed conversion ratio of insects, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Insect Feed Market Growth . In addition, the increasing investments by major corporations on research and development, growing adoption of advanced technologies by major manufacturers and rising population growth rates, are further contributing towards the market growth. However, growth of the Insect Feed Market is hindered due to strict regu...

Critical Communication Market is forecast to grow at a CAGR of 8.4% over the forecast period, till 2029. The factors driving the growth of Critical Communication Market includes growing demand for critical communication solutions across Mining, Transportation and Public Safety industries, emerging need to modernize the old equipment, expansion of the telecommunication industry and improvements in the living standards. Moreover, growing demand for high-speed broadband services, rising concerns related to terrorism related activities and public safety, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Critical Communication Market size . In addition, the increasing investments by major corporations on research and development, growing adoption of advanced technologies by major manufacturers, strategic mergers and collaborations between key industry players and rising population growth rates, are further contributi...

The Industrial Filtration Market was estimated around USD 28.7 billion in 2021 and is expected to reach USD 44.0 billion by the end of 2029, growing at a CAGR of 5.5% over the forecast period. Request For a FREE Sample Report on Industrial Filtration Market The factors driving the growth of Industrial Filtration Market includes growing demand for healthy and organic food products, regulations imposed by Governments to reduce the impact of industrial emissions, rising focus on utilizing clean sources of energy and improvements in the living standards. Moreover, growing adoption of advanced technologies such as microfiltration and ultrafiltration in the healthcare industry, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Global Industrial Filtration Market . In addition, the rising investments by major players on research and development and growing disposable incomes and increasing population growth rates, are fur...

The Contactless Payment Market is Expected to grow at a significant CAGR of 13.5% during 2022-2029. The factors driving the growth of Contactless Payment Market includes increasing use of contactless payment solutions by merchants selling low value products such snacks and drinks, rising number of digital transactions around the world, commercialization of 5G technology and improvements in the living standards. Moreover, incorporation of Internet of Things (IoT) and Blockchain with existing contactless payment terminals, proliferation of smartphone and tablets, rising demand for smartcards across the globe, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major corporations on research and developments, rising disposable incomes and growing population growth rates, are further contributing towards the market growth. However, growth of the Contactless Pay...

Analysts at GMI Research indicates that the Needle Free Injection Systems Market is estimated to grow at a CAGR of 16.2% from 2022-2029. The factors driving the growth of Needle Free Injection Systems Market includes growing rate of infectious diseases such as malaria, increasing demand for large-molecule drugs around the world, rising prevalence of diabetes, hepatitis and cancer and improvements in the living standards. According to the report published by World Health Organization, around 241 million cases of malaria were reported in 2020 and 627,000 died due to malaria worldwide in the same year 2020, showing an increase of 14 million cases as compared to 2019, which is pushing the demand for needle free injection systems. Moreover, increasing adoption of advanced technologies such as artificial intelligence (AI) and bar code identification (BI), by clinicians and pharmacists, growing popularity of self-injection devices, fall in the prices of injection systems and rapid urbanizat...

The UPS Market was estimated around USD 9.7 billion in 2021and is expected to reach USD 16.9 billion in 2029, growing at a CAGR of 7.1% over the forecast period (2022-2029). The factors driving the growth of UPS Market includes rising number of data centers around the world, emerging trend of remote working or Work from Home (WFH), expansion of the manufacturing sector and increasing demand for Uninterruptible Power Supply (UPS) systems in the residential and commercial sectors. Moreover, fall in the prices of lithium-ion batteries, technological advancements in UPS systems, rapid urbanization and increasing rate of voltage fluctuations, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, integration of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT) and Cloud Computing with UPS systems, rising population growth rates and i...

The Organic Oats Market is estimated to grow at a robust CAGR of 3.1% over the forecast period (2022-2029) The factors driving the growth of Global Organic Oats Market includes increasing consumers inclination towards adopting healthy lifestyles, growing demand for gluten free food products around the world rising popularity of convenient food items. Moreover, easy availability of organic oats products at online platforms and supermarkets, rise in the launch of innovative flavors by manufacturers, growing awareness about the health benefits of organic oats, busy lifestyles, and rapid urbanization, are some of the additional factors supplementing the Organic Oats Market share . In addition, the increasing investments by leading players on research and development, strategic mergers, and acquisitions between key industry leaders, rising disposable incomes and growing population growth rates, are further contributing towards the market growth. However, growth of the Organic Oats Marke...

   The Lighting Control System Market was valued around USD 18,943 million in 2019 and is predicted to grow at a CAGR of 14.1% over the forecast period (2020-2027). The factors driving the growth of Lighting Control System Market includes rising consciousness about reducing energy consumption, expansion of the smart city network, increasing installation of smart lighting systems around the world and improvements in the living standards. Moreover, Government schemes promoting the use of energy efficient products, technological advancements in lighting control systems, shift from using conventional lighting to LED, rapid digitalization and rising focus on modernizing the lighting infrastructure, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading companies on research and development, strategic mergers, and acquisitions between key industry players, rising disposable incomes and growing population growth rates...