Axisresearch
List of Categories
- Aerospace & Defense
- Agriculture
- Animal Nutrition & Wellness
- Automation
- Automotive
- Chemical & Materials
- Consumer Goods and Services
- Electronics
- Energy & Mining
- Financial Services & Investment Intelligence
- Food & Beverage
- Healthcare
- Heavy Industry
- Home & Property Improvement
- Information & Communications Technology
- Investment Opportunities
- Manufacturing
- NEO
- Others
- Packaging
- Retail
- Technology & Media
- Transportation & Logistics
Diagnostic Imaging Market – Segmented by Type (X-Ray, MRI, Nuclear Medicine, Ultrasound, Tomography, Tactile Imaging, Thermography & Others), By Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology), By Geography – Analysis and Forecast (2019 – 2024)
| Healthcare | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 21-06-2019 |
- Healthcare
- Mordor Intelligence
- pages
- Published: 21-06-2019
Diagnostic Imaging Market
The market has been estimated at USD XX billion for the year 2016 and is projected to reach USD XX billion by the end of 2021 at a CAGR of XX% during the forecast period from 2016 to 2021.
Medical imaging is the process of making a visual representation of the interior of the body for medical intervention. These instruments help in establishing a database of normal anatomy and physiology of internal organs so that any abnormality can be noticed immediately. The ability to create pictures of a patient’s internal anatomy and convert them to film through diagnostic imaging has revolutionized the way many diseases and injuries are detected, diagnosed, and treated. This market has applications in various medical fields like cardiology, oncology, neurology, and orthopedics. Globally, most of the industrialized countries are spending a large part of their GDP on healthcare requirements. The US is set to spend nearly 20% of its GDP on healthcare by 2017, a higher percentage than any other industrialized nation.
Wider adoption of cloud technologies and adoption of new advanced technologies play a major role in improving the market economy. Increasing aging populations and increased incidence of chronic diseases are also key factors driving the market. According to the National Institutes of Health, patients aged 65 and older undergo diagnostic imaging at two or more times the rate of younger people. Women also tend to use slightly higher rates of imaging than men. In spite of these factors driving the market, there are other factors constraining the growth of the market. Expensive procedures & equipment, side effects of diagnostic imaging procedures and saturation in the developed regions are the major challenges faced by the diagnostic imaging equipment market.
There are several new developments afoot in the medical imaging world. Imaging science is a dynamic, evolving field of multi- and interdisciplinary activities with a lot of scope and importance. Due to the increasing need to operate more efficiently and productively, medical imaging facilities will increasingly turn towards data analytics. There will be growing interest and demand for analytics solutions. PACS, RIS, and dictation systems are driving this market currently and are anticipated to emerge economically in coming years.
The market is segmented based on type (X-ray, MRI, nuclear medicine, ultrasound, tomography, tactile imaging, photoacoustic imaging, thermography, elastography, echocardiography, and functional near infrared spectroscopy). A few segments are sub-divided based on portability, structure, technology and resolution.
Tomosynthesis is another prominently used method. According to the Radiological Society of North America, tomosynthesis, or 3D mammography increases cancer detection and reduces the instances of the patient being called for further tests. 3D imaging is expected to grow in all markets during the forecast period. Manufacturers are showing a keen interest in improving image quality by exploiting new technologies and producing new instruments or novel techniques to achieve images with higher spatial resolution. Imaging will continue to advance and provide an essential set of tools for clinical research, drug development, disease diagnosis, treatment and assessing treatment response.
Based on geography, the global diagnostic imaging market is divided into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Currently, North America dominates the market with nearly 20% of the gross domestic product spent on healthcare by the USA. Asia-Pacific is a market that is expected to grow at a faster rate, owing to the rapidly aging population and increase in the chronic disease population.
Medical imaging technology is a rapidly changing field, and healthcare organizations have multiple options for new acquisitions. Many players in this market are trying to expand their product portfolio in order to top the global market. A few companies have adopted product innovation and new product launches as their key business strategy to ensure their dominance in this market.
Key Deliverables in the Study
Market analysis for the diagnostic imaging market, with region specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global diagnostic imaging market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1. Introduction
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Medical Imaging Industry Overview
5.1 Current Market Scenario
5.2 Porter’s Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threats of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry within the Industry
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
6.1 Drivers
6.1.1 Rise in the Prevalence of Chronic Diseases
6.1.2 Increased Adoption of Advanced Technologies in Medical Imaging
6.1.3 Increase in the Geriatric Population
6.2 Restraints
6.2.1 Expensive Procedures and Equipment
6.2.2 Side Effects of Diagnostic Imaging
6.2.3 Slower Growth in Developed Regions
6.3 Opportunities
6.4 Key Challenges
7. Market Segmentation
7.1 Medical Imaging Market – Product Type
7.1.1 X-Ray Equipment
7.1.1.1 Stationary
7.1.1.2 Portable
7.1.2 Fluoroscopy
7.1.2.1 Fixed Fluoroscope
7.1.2.2 Mobile Fluoroscope
7.1.3 MRI
7.1.3.1 Closed Systems
7.1.3.2 Open Systems
7.1.4 Ultrasound
7.1.5 Computed Tomography
7.1.6 Other Imaging Modalities
7.2 Medical Imaging Market – By Application
7.2.1 Cardiology
7.2.2 Oncology
7.2.3 Neurology
7.2.4 Orthopedics
7.2.5 Gastroenterology
7.2.6 Gynecology
7.2.7 Other Applications
7.3 Medical Imaging Market – By Geography
7.3.1 North America
7.3.1.1 United States
7.3.1.2 Canada
7.3.1.3 Mexico
7.3.2 Europe
7.3.2.1 France
7.3.2.2 Germany
7.3.2.3 United Kingdom
7.3.2.4 Italy
7.3.2.5 Spain
7.3.2.6 Rest of Europe
7.3.3 Asia-Pacific
7.3.3.1 China
7.3.3.2 Japan
7.3.3.3 India
7.3.3.4 Australia
7.3.3.5 South Korea
7.3.3.6 Rest of Asia-Pacific
7.3.4 Middle East & Africa
7.3.4.1 GCC
7.3.4.2 South Africa
7.3.4.3 Rest of the Middle East & Africa
7.3.5 South America
7.3.5.1 Brazil
7.3.5.2 Argentina
7.3.5.3 Rest of South America
8. Competitive Landscape
8.1 Mergers & Acquisitions Analysis
8.2 Agreements, Collaborations, and Partnerships
8.3 New Product Launches
9. Key Players
9.1 Carestream Health Inc.
9.2 Esoate SpA
9.3 Fujifilm Holding
9.4 GE Healthcare
9.5 Hitachi Medical Systems
9.6 Hologic Corporation
9.7 Philips Healthcare
9.8 Shimadzu Medical
9.9 Siemens Healthcare
9.10 Canon Medical Systems Corporation
*List not Exhaustive
10. Future of the Marke
Market Segmentation
Medical Imaging Market – Product Type
X-Ray Equipment
Stationary
Portable
Fluoroscopy
Fixed Fluoroscope
Mobile Fluoroscope
MRI
Closed Systems
Open Systems
Ultrasound
Computed Tomography
Other Imaging Modalities
Medical Imaging Market – By Application
Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
Gynecology
Other Applications
Medical Imaging Market – By Geography
North America
United States
Canada
Mexico
Europe
France
Germany
United Kingdom
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa
South America
Brazil
Argentina
Rest of South America
Vietnam Aluminium Market – Segmented by Product and End-User Industry – Growth, Trends, and Forecast (2018 – 2023)
| Chemical & Materials | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 25-06-2019 |
- Chemical & Materials
- Mordor Intelligence
- pages
- Published: 25-06-2019
Market Overview
The Vietnam aluminum market has been estimated to register a CAGR of over 7%, over the forecast period 2019 – 2024. The market is majorly driven by factors like growth of the construction industry and growing demand from the packaging sector.
The depreciating revenues from Bauxite-Alumina projects are acting as restraints to market growth.
The development of the Vietnam automotive industry is likely to act as an opportunity through the forecast period.
Key Market Trends
Construction Industry to Drive the Market
The Vietnamese construction sector is expected to have a positive output during the forecast period, with growth supported by regulatory reforms, high-value transport and energy products, and favorable economic conditions.
The country has plans for robust project pipelines, predominantly in the power and transport sector, to counter the logistics shortages. The government intends to seek foreign investments and private expertise, to cater to the technical requirements of these projects.
Due to its high strength-to-weight ratio, aluminum is extensively used in construction activities. This property enables buildings to bear the weight of heavy materials, such as glass, concrete, and composites. Therefore, aluminum is widely used in the construction of modern-day houses, buildings, office spaces, bridges, airports, train terminals, etc. In 2018, the Vietnam government approved a new USD 921 million investment plan to boost the performance of its industrial parks from 2018 to 2020.
According to Dezan Shira & Associates, Vietnam is expected to meet 83% of its infrastructure needs by 2040, if it maintains its current investment trend. The country will require USD 605 billion for all infrastructure projects across all sectors, while according to current trends the investments are expected to reach USD 503 billion;, which is an investment gap of USD 102 billion.
Moreover, ongoing regulatory reforms are intended to privatize and break up state-owned enterprises and encourage private-sector participation in the infrastructure sector, for the continuous and ongoing urbanization process.
Therefore, as there is a continuous growth in the construction industry, a positive scope for the aluminum market is expected over the forecast period.
Aluminum Profiles Expected to Dominate the Market
Aluminum profiles provide an efficient and reliable solution for the construction purpose. They are manufactured from aluminum ingot or billet. These are used in the construction of industrial and commercial buildings, residential houses, power plants, public and sports complexes, etc.
These aluminum profiles are used as roof cladding, external walls, wall cladding, etc. They help in giving the building an advantage in thermal performance, building appearance, and acoustics.
As the aluminium possesses a unique combination of properties, which makes it extremely attractive and versatile construction material with universal application. Aluminium is the material that gives almost unlimited possibility to design different forms of profiles, such as L-profiles, flat bar profiles, round, rectangular and square tubes, T-profiles, and U-profiles. The modern equipment permits to produce high-tech custom profiles, precisely matching the drawings.
Maximum dimensions of profiles vary depending on the aluminum alloy, wall thickness, and complexity of profile and tolerances.
These aluminium profiles are used in various applications, thus providing a vast market scope for aluminum profiles, which increases the potential of the aluminum market during the forecast period.
Competitive Landscape
The Vietnam aluminium market is fragmented in nature. The major companies include Showa Denko K.K., Dynacast, Norsk Hydro ASA, GARMCO, and Saigon International Co. Ltd.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Growth of the Construction Industry
4.1.2 Growing Demand from the Packaging Sector
4.2 Restraints
4.2.1 Depreciating Revenues from Bauxite-Alumina Projects
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 Product
5.1.1 Billet
5.1.2 Ingot
5.1.3 Aluminum Profiles
5.1.4 Fitting
5.1.5 Other Products
5.2 End-user Industry
5.2.1 Transportation
5.2.2 Construction
5.2.3 Electrical and Consumer Durables
5.2.4 Foils and Packaging
5.2.5 Machinery and Equipment
5.2.6 Other End-User Industries
6. COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 GARMCO
6.4.2 AWEC Aluminium Products, s.r.o
6.4.3 SHOWA DENKO K.K.
6.4.4 Showa Leadfu Co. Ltd
6.4.5 Global Vietnam Aluminium Co. Ltd (RUBY)
6.4.6 Dynacast
6.4.7 TSUKUBA DIECASTING Co., Ltd
6.4.8 Saigon International Co. Ltd
6.4.9 Norsk Hydro ASA
*List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Development of the Vietnam Automotive Industry
MARKET SEGMENTATION
Product
Billet
Ingot
Aluminum Profiles
Fitting
Other Products
End-user Industry
Transportation
Construction
Electrical and Consumer Durables
Foils and Packaging
Machinery and Equipment
Other End-User Industries
Vietnam Taxi Market – Segmented by Service Type, Vehicle Type (IC, Hybrid Drive), and City – Growth, Trends, and Forecast (2018-2023)
| Automotive | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 25-06-2019 |
- Automotive
- Mordor Intelligence
- pages
- Published: 25-06-2019
Market Overview
The Vietnamese taxi market is expected to project a CAGR of 14.89%, during the forecast period, 2019-2024.
The demand for ride-hailing services through technology application has been increasing continuously, after the implementation of pilot program Decision No. 24/QD-BGTVT, in January 2016, by Ministry of Transport (MoT) in Vietnam. Reduced taxi fare and ease of booking through mobile app are the major factors that driven the modern taxi service to capture a major share of the Vietnamese taxi market.
However, still vehicle booking through phone calling and hailing on streets, continues to operate as a major service among popular brands of taxi firms, like Mai Linh, Vinasun, Vinataxi, TaxiGroup, Hoang Long etc., and thus, the traditional taxi service had acquired a major share of the Vietnamese taxi market.
Among more than 200 taxi firms, the major taxi firms, namely Vinasun and Mai Linh are the major player of the Vietnamese taxi market. However, the entrance of Uber and Grab has affected the business of these players in the country.
Scope of the Report
Traditionally, a taxi or cab is defined as a vehicle for hire with a driver, used by a single or small group of passengers, often for a non-shared ride. However, with the development of new technology and developments in taxi services, the traditional definition of a taxi has evolved.
The Vietnamese taxi market has been segmented by service, vehicle type, and city.
Key Market Trends
Increasing Passenger Traffic is Driving the Ride-hailing Industry
In the new era of technology, Grab, and Uber are beating traditional taxis with just the click of a button. The demand for app-based taxi services is rapidly growing in Vietnam, which is hindering the growth of traditional taxi demand in the country. Easy registration and flexible working hours have drawn over 50,000 cab drivers to work for Uber and Grab in Vietnam, with many leaving traditional taxi firms in search of a better living. For instance; in 2017, Vinasun, Vietnam’s biggest traditional taxi operator lost 8,000 drivers, which is almost half of its employees, whereas its rival Mai Linh Taxi also lost 6,000 drivers.
The major taxi company Mai Linh has witnessed the lowest business profits in last five years. Another significant player, Vinasun has reported an approximately 50% drop in profit in 2017 due to the growing use of app-based taxis. According to Mai Linh, the company lost nearly VND 84 billion (USD 3.7 million) in 2016 after making a profit of VND 325 million in 2015. In 2017, Vinasun’s gross profit was VND 205 billion, down 48% from 2016. The main reason behind these losses were robust competition and unfair taxation. For instance; Uber was paying a 3% value-added tax, whereas traditional taxi firms have to pay a 10% VAT and 20% corporate income tax. At present Uber keeps 20% revenue for a ride and pays 80% to the driver, which is why drivers are shifting from traditional to app-based taxi companies.
The app-based companies, such as Uber and Grab, got support from the public, as people said they were unhappy with inadequate and unreliable services provided by traditional taxi firms, such as drivers refusing to serve short distance or failing to show up regardless of clients’ booking.
Cities that are Leading the Taxi Market in the Country
The demand for taxis in the country is growing from every corner, however, Ho Chi Minh City is leading the Vietnam taxi market, followed by Hanoi and other cities.
Ho Chi Minh has also experienced taxi vehicles surge on the city roads under the ride-hailing pilot program. By the end of 2017, the city taxi firms had fallen from 36 in 2010 to ~20. As of 2017, the number of taxicabs running in the city reached nearly 36,900, which included 8,900 unit of traditional taxi cabs (as of 2010, nearly 12,000 traditional taxis were operated, but the arrival of Uber and Grab resulted in cutting down ~3,000 traditional taxies in the city by 2017) and 28,000 units of modern taxi cabs (majorly operated by Uber and Grab companies). The overall taxicab number is anticipated to exceed the limit, i.e. ~14,500 by 2020 and ~16,500 by 2025, as stated under the city’s taxi management plan. Thus, similar to Hanoi city, the Department of HCMC Transportation has stopped licensing of new taxicab under the pilot program and further taxi fleet expansion by traditional taxi firms. Among taxi firms in the HCMC, Vinasun is the leading company that has covered a major market share of nearly half of the HCMC’s taxi market during 2014-2016. However, the overall revenue of the company has been slashing down, since the arrival of Uber and Grab in 2014, and by 2017, the company captured ~40% of the HCMC’s taxi market.
Hanoi market has been highly dominated by nearly 80 taxi firms. Among them, Mai Linh and TaxiGroup (operates two brands namely Taxi CP and Taxi Hanoi) are popularly used taxis in Hanoi city. While, Mai Linh holds the largest taxi fleet in Vietnam, with nearly 15,000 taxi cabs, where approximately 9,000 taxis running in Hanoi, and 6,000 in other cities of Vietnam.
Competitive Landscape
In 2018, Vinasun Corp. dominated the taxi market, followed by Grab, and Mai Linh Group. Both, Vinasun Corp. and Mai Linh witnessed a consistent decline in revenue. However, Vinasun Corp. is still accounting for a major share in the market, owing to its presence, of more than a decade, in the taxi industry.
In 2018, after Uber withdrew from the country, the domestic ride hailing market witnessed intense competition, with new brands, such as FastGo and Go-Jek entering the market, along with the renovation of old brands, such as Vinasun and Mai Linh.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness – Porter’s Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Service Type
5.1.1 Traditional Taxi Service (Offline Hailing)
5.1.2 Modern Taxi Service (Online Hailing and Sharing)
5.2 Vehicle Type
5.2.1 Motorcycle/Bike
5.2.2 Cars
5.2.3 Other Vehicle Types
5.3 City
5.3.1 Ho Chi Minh City
5.3.2 Hanoi
5.3.3 Other Cities
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Mergers and Acquisitions
6.3 Company Profiles
6.3.1 Online Platforms
6.3.1.1 GrabTaxi Holdings Pte Ltd
6.3.1.2 Kyyti Group
6.3.1.3 FastGo
6.3.1.4 Go-Jek
6.3.1.5 MVLChain
6.3.1.6 Taxi Navi
6.3.1.7 VATO
6.3.1.8 Aber
6.3.2 Taxi Brands
6.3.2.1 Mai Linh Group JSC
6.3.2.2 Viansun Corporation
6.3.2.3 VinaTaxi
6.3.2.4 Hoang Long
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
Service Type
Traditional Taxi Service (Offline Hailing)
Modern Taxi Service (Online Hailing and Sharing)
Vehicle Type
Motorcycle/Bike
Cars
Other Vehicle Types
City
Ho Chi Minh City
Hanoi
Other Cities
Bottled Water Market – Global Trends, Competitive Scenario and Forecast to 2024
| Food & Beverage | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 21-06-2019 |
- Food & Beverage
- Mordor Intelligence
- pages
- Published: 21-06-2019
Market Overview
The bottled water market is growing at a CAGR of 6.1% during the forecast period (2019-2024). The market studied is well established, and is growing at a decent pace.
This can be attributed to consumer demand for high-quality drinking water, the fear of diseases as an aftermath of drinking contaminated tap water, and the easy portability and convenience provided by bottled water.
Environmental pollution caused by plastic trash poses a challenge for the market’s growth. The consumption of bottled water leads to health hazards.
However, the introduction of eco-friendly packaging and flavored water with regulated ingredients can provide an opportunity for the market growth.
Scope of the Report
The bottled water market offers a range of products, including still water, sparkling water, and functional water through supermarket/hypermarket, convenience store, home and office delivery (HOD), on-trade, and other distribution channels. The study also covers a global level analysis for the major regions namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
Key Market Trends
Growing Demand for Functional Water
The demand for functional water is driven by health and wellness trends, along with exquisite product offerings from various global and regional players. Growing consumer demand for functional beverages has been the crucial factor that is driving the growth of the market studied over the forecast period. Convenience of consumption and its effect on human nutrition are the factors that are increasing the demand of the market. The growing popularity of functional water among the working class and millennial populations is expected to improve the development of the market.
North America Held the Maximum Share in the Market
In developed economies like the US and Canada, functional water is constantly becoming a major commercial and popular beverage category, as it is an appealing option for health-conscious consumers. Hence, augmenting the bottled water market. Major manufacturers and marketers in the country have started to position functional water as an alternative to carbonated drinks and fruit juices. Through product description, modern and interactive labelling, and backing from respected brands, as well as by organizing programs and seminars, the players are claiming that functional water is an enriched product that is not just for hydration but also can function as a functional beverage.
Competitive Landscape
The market studied is highly fragmented attributed to the number of small players dominating the market. Some of the prominent players in the market include Danone, Coca-Cola, Pepsico, and Nestle. The regional or domestic companies have been marketing their products with strategies, such as sponsorship and significant investment in advertisements.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.1 Introduction
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Key Findings
4. Market Dynamics
4.1 Drivers
4.1.1 Changing Lifestyles and Health Concerns
4.1.2 Consumer Preference for Vitamin and Minerals Rich Drinking Water
4.1.3 Ease of Handing and Portability of Bottled Water
4.2 Restraints
4.2.1 Environment Pollution Concern through Plastic Bottles
4.2.2 Lack of Awareness Regarding Health Issues through Low-Cost Tap Water
4.3 Opportunities
4.3.1 Innovative Products with Minimum Environment and Health Hazards
4.3.2 Penetration in Developing Market
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Consumer Behavior Analysis
4.5.1 Consumer Demand Analysis
4.5.2 Target Market Identification
4.5.2.1 Purchasing Power
4.5.2.2 Demographic Strengths & Weaknesses
4.5.2.3 Spending Patterns
5. Market Segmentation
5.1 By Product Types
5.1.1 Still water
5.1.2 Sparkling water
5.1.4 Functional water
5.2 By Distribution Channel
5.2.1 Convenience Stores
5.2.2 Home and Office Delivery
5.2.3 Supermarkets/ Hypermarkets
5.2.4 On-Trade
5.2.6 Others
5.3 By Geography
5.3.1 North America
5.3.1.1 U.S.
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Others
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 U.K.
5.3.2.3 France
5.3.2.4 Spain
5.3.2.5 Italy
5.3.2.6 Russia
5.3.2.7 Others
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Others
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Others
5.3.5 Africa
5.3.5.1 South Africa
5.3.5.2 Others
6. Competitive Landscape
7. Company Profiles
7.1 Ajegroup SA
7.2 CG Roxane, LLC
7.3 Coca-Cola Company
7.4 Groupe Danone
7.5 Fonti Di Vinadio S.P.A.
7.6 HassiaWaters International GmbH & Co. KG
7.7 Hangzhou Wahaha Group Co., Ltd.
7.8 Grupo Vichy Catalan
7.9 Icelandic Water Holdings ehf.
7.10 Mountain Valley Spring Company, LLC
7.11 Nestle Waters
7.12 PepsiCo, Inc.
7.13 Suntory Beverage & Food Ltd
7.14 Tibet 5100 Water Resources Holdings Ltd.
7.15 Unicer – Bebidas SA
Market Segmentation
By Product Types
Still water
Sparkling water
Functional water
By Distribution Channel
Convenience Stores
Home and Office Delivery
Supermarkets/ Hypermarkets
On-Trade
Others
By Geography
North America
U.S.
Canada
Mexico
Others
Europe
Germany
U.K.
France
Spain
Italy
Russia
Others
Asia-Pacific
China
Japan
India
Australia
Others
South America
Brazil
Argentina
Others
Africa
South Africa
Others
Baby Food Market – Growth, Trends and Forecasts (2019 – 2024)
| Unknown | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 24-06-2019 |
- Mordor Intelligence
- pages
- Published: 24-06-2019
Market Insights
The global baby food market is expected to register a CAGR of 6.7 %, during the period of 2018 to 2023. Currently, health conscious parents are opting for organic baby foods over conventional baby food.
On May, 2016, HappyFamily organic food company, which is part of DANONE company, launched a baby food product with blend of fruit, whole grains and yogurt. It is well crafted premium organic baby foods. It is available in market in easy-to-eat-from, spouted squeeze pouches. This time packaging is transparent to show the foods material, full serving of organic super fruits and veggie ingredients. This innovation in organic baby food category is expected to create big market space in short period of time.
Menlo Park-based baby food startup Before Brands raised a USD 35 million in a round led by Gurnet Point Capital. Before Brands launched in 2015 with the goal of introducing small amounts of common foods, like eggs and peanuts, into baby food to help children develop their own defenses against food allergies.
Market Dynamics
The global baby food market has experienced significant growth over the past few years, primarily due to rising population of working women, rise in organized retail marketing, and their concern for good nutrition for their babies. Furthermore, manufacturing of baby food under strict health and safety standards has helped creating the awareness about the usefulness of packaged baby foods in providing the required nutrition for babies. This in turn has escalated the demand for baby food in the world market. Additionally, baby food is gaining popularity in the high income groups as a part of their status quo, especially in the emerging markets, which is expected to further drive the baby food market in emerging economies.
Currently, owing to increasing demand for nutrition from the natural sources, the organic baby food segment is growing at a significant pace and several large players are engaging themselves to cash in the untapped markets. Concerns related to food safety, falling birth rates, and the practice of feeding home cooked food to babies are the key restraints in this market. Declining in birth rates and milk intolerance in babies may pose severe challenge for baby food market.
Market Segmentation
As they grow, the baby food available for them varies from infant formula to solid dried baby foods. Baby food product includes baby soups, frozen baby foods, baby snacks, baby cereals and bottled baby foods. Major market share has been held by bottled baby foods, followed by baby cereals. Frozen baby food is expected to have highest growth potential followed by bottled baby food and baby cereals.
The report segments the global baby food market by type, distribution channel and region. The baby food market, on the basis of types, is segmented as conventional baby food and organic baby food. This market is classified into Mother’s milk substitutes, cereal based foods, vegetable and fruit purees, frozen foods and others. The market is also segmented based on constituents into milk, vegetables and fruits, cereals and others. Market study indicated that Mother’s milk substitutes account for the major share of the market. By distribution channels, market is segmented into hyper markets/super markets, convenience stores, dollar stores, online retailers and others.
Milk formula occupies the largest market share followed by the product segment of prepared baby food. However, over the forecast period, product segment of prepared baby food would gain prominent adoption in the global market. Sales of milk formula baby food is highly concentrated in the APAC region. Alternatively, demand for prepared baby food is largely limited to developed regions. However, market for prepared baby food, in developing regions would pick pace over the forecast period, subsequently leading to the dynamic growth of the baby food market in the APAC region.
Supermarkets, hypermarkets, small grocery retailers, and health & beauty retailers are the key distribution channels in the baby food industry. Increased Internet penetration, access to smartphones, and simplified e-banking systems will lead to more purchase through the online channel.
Regional Analysis
The market is geographically segmented into North America, Europe, Asia-Pacific, South America and Africa. Asia-Pacific has the largest consumer base followed by Europe, and North America. North America is the largest markets in terms of revenue. The growing population and rising consumer spending in Asia-Pacific makes this the region to look at for investments and expansion. However, it is a price sensitive market and consumption depends on perceived value. Emerging markets such as India, China and Indonesia are the major growth contributors in the growth of baby food market in Asia-Pacific.
Competitive Environment
Nestle SA have been dominating the global baby food market. Key players operating in baby food market are, Danone, Mead Johnson, Abbott laboratories, Hero-Group, Perrigo Company, Bellamy Organics, Hain Celestial Group, Campbell soups, Friesland Campina, H.J. Heinz, Bristol-Myers Squibb, Numico, Wyeth, East Asiatic co Ltd, Ella’s Kitchen, Beech-Nut Nutrition Corporation , DMK Deutsches Milchkontor GmbH, DSM, Dumex, HiPP GmbH & Co., Koninklijke DSM N.V., Meiji Co Ltd etc
The baby food market is experiencing changes due to increasing consumer spending, especially in the developing nations. Consumers are now more aware of the positive effects of scientifically prepared baby food which is likely to create more opportunities in the market in the future. Expansion and investment in developing markets like China are the major strategies followed by the companies.
Investment Opportunities
Bubs Australia added key pharmacy wholesalers in Australia to its customer base, giving Bubs immediate access to over 5,000 pharmacies nationwide. The company develops and markets innovative Australian-made organic baby food and infant milk formula products.
Reasons to Purchase this Report
- Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
- Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
- Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
- 3 months analyst support along with the Market Estimate sheet in excel.
Customization of the Report
- Value chain analysis
- Volume of the Global Baby Food Market
- Consumer behavior analysis in country level
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
1. Introduction
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.1 Introduction
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Key Findings
4. Market Dynamics
4.1 Drivers
4.1.1 Increasing proportion of women in workforce
4.1.2 Increasing awareness about nutritional needs of infants
4.1.3 Preference to science over conventional wisdom
4.1.4 High incidence of malnutrition in infants
4.1.5 Development in retail infrastructure
4.2 Constraints
4.2.1 High product cost in under-developed and developing countries
4.2.2 Declining birth rates
4.2.3 Safety concerns due to lack of proper regulatory framework
4.3 Opportunities
4.3.1 Consumer preferences for packaged baby products
4.3.2 Preference for organic foods
4.3.3 Increasing consumer spending
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Degree of competition
4.4.4 Threat of new entrants
4.4.5 Threat of substitutes
5. Market Segmentation
5.1 By Type
5.1.1 Milk Formula
5.1.2 Dried Baby Food
5.1.3 Prepared Baby Food
5.1.4 Others
5.2 By Distribution Channel
5.2.1 Supermarkets/Hypermarkets
5.2.2 Drugstores/Pharmacies
5.2.3 Convenience Stores
5.2.4 Others
5.3 By Geography
5.3.1 North America
5.3.1.1 U.S.
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Others
5.3.2 Europe
5.3.2.1 Spain
5.3.2.2 U.K.
5.3.2.3 France
5.3.2.4 Germany
5.3.2.5 Russia
5.3.2.6 Italy
5.3.2.7 Others
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Others
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Others
5.3.5 Africa
5.3.5.1 South Africa
5.3.5.2 Others
6. Competitive Landscape
6.1 Major Strategies by Key Players
6.2 Most active companies in the past five years
6.3 Market Share Analysis
7. Company Profiles
7.1 H. J. Heinz Company (U.S.)
7.2 Abbott Nutrition
7.3 Beech-Nut Nutrition Corporation (U.S.)
7.4 DMK Deutsches Milchkontor GmbH (Germany)
7.6 Dumex
7.7 Hain Celestial Group (U.S.)
7.8 Hero Group (Switzerland)
7.9 HiPP GmbH & Co. (Germany)
7.10 Progress OAO (Russia)
7.11 Mead Johnson
7.12 Meiji Co Ltd (Japan)
7.13 Milupa S.A. (Switzerland)
7.14 Morinaga Milk Industry Co (Japan)
7.15 Nestle
8. Appendix
8.1 Sources
8.2 Disclaime
Market Segmentation
By Type
Milk Formula
Dried Baby Food
Prepared Baby Food
Others
By Distribution Channel
Supermarkets/Hypermarkets
Drugstores/Pharmacies
Convenience Stores
Others
By Geography
North America
U.S.
Canada
Mexico
Others
Europe
Spain
U.K.
France
Germany
Russia
Italy
Others
Asia-Pacific
China
Japan
India
Australia
Others
South America
Brazil
Argentina
Others
Africa
South Africa
Others
Agricultural Machinery Market – Segmented by Type (Tractors, Plowing and Cultivating Machinery, Planting Machinery, Harvesting Machinery,Haying And Forage Machinery, Irrigation Machinery), By Geography – Analysis of Growth, Trends and Progress (2019 – 2024)
| Agriculture | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 21-06-2019 |
- Agriculture
- Mordor Intelligence
- pages
- Published: 21-06-2019
Agricultural Machinery Market
The factors that are driving this market are population growth, urbanization and higher productivity demand with the shrinking agricultural land throughout the globe, which have led to the growth in demand for agricultural machinery. Technological advancement for developing more efficient products, while keeping in mind the country-specific requirements, will provide opportunities for future growth of the sector.
Macro-Economic factors have a huge influence on Agricultural Machinery Market
The key factors influencing the sale of agricultural equipment are the level of net farm income and, to a lesser extent, interest rates, and general economic conditions, availability of financing and related subsidy programs, farmland prices, and farm debt levels. Net farm income is primarily impacted by the volume of acreage planted, commodity and livestock prices, stock levels, the impacts of ethanol demand, farm operating expenses (which includes fertilizer and fuel costs), crop yields, fluctuations in currency exchange rates, tax incentives, and government subsidies. Farmers tend to postpone the purchase of equipment when the farm economy is declining and increase their purchases when economic conditions improve.
The quality, availability, and cost of used equipment for sale also affect the level of new equipment sales. Weather condition is a major determinant of crop yields, and therefore affects equipment-buying decisions. In addition, geographical variations in weather from season to season may also affect sales volumes differently in different markets. Government policies may influence the market for agricultural equipment by monitoring the levels of acreage planted, with direct subsidies affecting particular commodity prices, or with other payments delivered directly to farmers.
Global organization initiatives, such as those of the World Trade Organization, can also affect the market with demands for differences in governmental policies and practices regarding agricultural tariffs, subsidies, and acceptance of genetically modified organisms, such as feed, seed, and animals.
The increase in crop production for biofuels has also altered the crop pattern and crops cultivated. The most significant change in the US crop production was the replacement of cotton and soybeans with corn. As a result, agricultural producers are faced with new challenges for managing crop residues and have adapted by changing the type of equipment used. Although the demand for new agricultural equipment dependent on macro-economic situation. The aftersales market is historically less volatile than the new equipment market and, therefore, helps limit the impact of declines in new equipment sales on the operating results of full-line manufacturers, such as agricultural equipment.
The Volatility in the Prices of Agricultural Commodities Will Affect the Agricultural Machinery Market
The increasing concern over commodity price volatility affects producers (especially small farmers). Farmers are more disadvantaged in a scenario of low prices, which forces them to reduce investments in farm mechanization. The uncertainty can then be transformed into non-optimal decisions and production levels. In general, volatility becomes a problem when it induces risk-averse behavior, leading to inefficient investment decisions for machinery consumption.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
- – 3 months of analyst support
1. Introduction
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modelling
3. Executive Summary
4. Agricultural Machinery Market Overview and Trends
4.1 Introduction
4.2 Market Trends
4.3 Porter’s Five Force Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
5. Agricultural Machinery Market Dynamics
5.1 Agricultural Machinery Market Drivers
5.1.1 Growth in Population
5.1.2 Increased Urbanization
5.2 Agricultural Machinery Market Restraints
5.2.1 Fragmentation of Land Holdings in Few Countries
5.2.2 Presence of Small and Marginal Farmers in Large Numbers
6. Global Agricultural Machinery Market Segmentation by Type
6.1 Tractors
6.1.1 Compact Utility Tractors
6.1.2 Utility Tractors
6.1.3 Row Crop Tractors
6.2 Plowing and Cultivating Machinery
6.2.1 Ploughs
6.2.2 Harrows
6.2.3 Cultivators & Tillers
6.3 Planting Machinery
6.3.1 Seed Drills
6.3.2 Planters
6.3.3 Spreaders
6.4 Harvesting Machinery
6.4.1 Combine Harvesters-Threshers
6.4.2 Forage Harvesters
6.4.3 Others (Includes Root Crop Harvesting Machinery and Fruit & Vegetable Harvesting Mchinery)
6.5 Haying And Forage Machinery
6.5.1 Mower-Conditioners
6.5.2 Balers
6.5.3 Tedders and Rakes
6.6 Irrigation Machinery
6.6.1 Sprinkler Irrigation
6.6.2 Drip Irrigation
7. Global Agricultural Machinery Market Segmentation, By Geography
7.1 North America Agricultural Machinery Market (2018-2023)
7.1.1 The United States Agricultural Machinery Market (2018-2023)
7.1.2 Canada Agricultural Machinery Market (2018-2023)
7.1.3 Rest of North America
7.2 Asia-Pacific Agricultural Machinery Market (2018-2023)
7.2.1 China Agricultural Machinery Market (2018-2023)
7.2.2 India Agricultural Machinery Market (2018-2023)
7.2.3 Japan Agricultural Machinery Market (2018-2023)
7.2.4 Rest of Asia-Pacific
7.3 Europe Agricultural Machinery Market (2018-2023)
7.3.1 Germany Agricultural Machinery Market (2018-2023)
7.3.2 The United Kingdom Agricultural Machinery Market (2018-2023)
7.3.3 France Agricultural Machinery Market (2018-2023)
7.3.4 Italy Agricultural Machinery Market (2018-2023)
7.3.5 Rest of Europe
7.4 Rest of the World
7.4.1 Brazil Agricultural Machinery Market (2018-2023)
7.4.2 South Africa Agricultural Machinery Market (2018-2023)
7.4.3 Others
8. Competitive Landscape
8.1 Introduction
8.2 Market Share Analysis
8.3 Key Players and Developments
9. Company Profiles
9.1 John Deere
9.2 Cnh Industrial (Includes New Holland and Case Ih)
9.3 Agco Corporation (Includes Massey Ferguson, Valtra, Fendt and Challenger)
9.4 Claas
9.5 Mahindra and Mahindra
9.6 Kubota Corporation
9.7 Escorts
9.8 Tafe
9.9 Kuhn Group
9.10 Netafim Limited
9.11 Yanmar Company Limited
9.12 Iseki & Co. Ltd.
9.13 Valmont Industries Inc
10. Disclaimer
- Market Segmentation
- By Type
Tractors
Compact Utility Tractors
Utility Tractors
Row Crop Tractors
Plowing and Cultivating Machinery
Ploughs
Harrows
Cultivators & Tillers
Planting Machinery
Seed Drills
Planters
Spreaders
Harvesting Machinery
Combine Harvesters-Threshers
Forage Harvesters
Others (Includes Root Crop Harvesting Machinery and Fruit & Vegetable Harvesting Mchinery)
Haying And Forage Machinery
Mower-Conditioners
Balers
Tedders and Rakes
Irrigation Machinery
Sprinkler Irrigation
Drip Irrigation
- By Geography
North America Agricultural Machinery Market (2018-2023)
The United States Agricultural Machinery Market (2018-2023)
Canada Agricultural Machinery Market (2018-2023)
Rest of North America
Asia-Pacific Agricultural Machinery Market (2018-2023)
China Agricultural Machinery Market (2018-2023)
India Agricultural Machinery Market (2018-2023)
Japan Agricultural Machinery Market (2018-2023)
Rest of Asia-Pacific
Europe Agricultural Machinery Market (2018-2023)
Germany Agricultural Machinery Market (2018-2023)
The United Kingdom Agricultural Machinery Market (2018-2023)
France Agricultural Machinery Market (2018-2023)
Italy Agricultural Machinery Market (2018-2023)
Rest of Europe
Rest of the World
Brazil Agricultural Machinery Market (2018-2023)
South Africa Agricultural Machinery Market (2018-2023)
Others