Functional Foods Market Growth, Trends, Demand and Regional Forecast by 2028 The global functional foods and beverages market size is projected to reach USD 529.66 billion by 2028, exhibiting a CAGR of 9.5% during the forecast period. The market’s value stood at USD 258.80 billion in 2020 Highlights of the Report This market report supplies tangible insights into the regional prospects of the market and presents an exhaustive analysis of the market drivers and challenges. Furthermore, the report contains detailed profiling of key market players and careful study of their strategies and incorporates industry-leading, actionable research into the different market segments. Driving Factor The proliferation of Food & Beverage Startups to Elevate Market Potential The Functional Foods and Beverages Market growth is set to accelerate due to the steadily growing presence of startups specializing in nutrient-enriched foods and drinks. For example, New Jersey-based Remedy Organics makes beverages based on plant products and infuses potent super-ingredients, botanicals, herbs, proteins, and probiotics. With the demand for non-dairy products rising, some startups are engaged in the development of plant-based dairy alternatives. For instance, Toronto-based YoFiit leverages the high nutrition quotient of chickpeas to create functional non-dairy meal solutions. Further, a few startups are also targeting their products towards consumers living with chronic diseases. Texas-based Hapi Drinks, for example, offers sugar-free drinks for kids with a mission to fight Type 2 diabetes and childhood obesity. The increasing availability of such niche functional food & beverage in major economies will enable the market to achieve a long-lasting growth trajectory. Regional Insights Asia Pacific to Present Excellent Business Opportunities for Market Players Asia Pacific is expected to dominate the Functional Foods and Beverages Market share during the forecast period due to the rising disposable incomes of consumers, especially in India and China. Improving lifestyle in these countries is anticipated to stoke the demand for healthy food and drink alternatives in the forthcoming years, spawning lucrative sales opportunities for players in this market. In 2020, the Asia Pacific market size stood at USD 100 billion and the region is forecasted to register a CAGR of 10.04% from 2021 to 2028. In Europe, on the other hand, stringent regulations governing the food and beverage industry is likely to boost investments in innovation and R&D by companies in the region, which in turn will promote the development of functional food & beverages. In North America, a growing preference for naturally produced food items will prove favorable for the market. Key Market Segmentation On the basis of type, the market has been classified into functional cereals & grains, functional dairy products, functional bakery products, functional fats & oils, and other functional/fortified foods. Based on the distribution channel, this market has been grouped into supermarkets/hypermarkets, convenience stores, online retail, and others. In 2020, the supermarkets/hypermarkets segment led the global functional foods and drinks market with a share of 44.21% and the US market with a share of 43.06%. By geography, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Competitive Landscape Introduction of Novel Products in Emerging Economies to Electrify the Market Key developers of functional food & beverages are focusing on capitalizing on the untapped opportunities in emerging markets. These markets are blossoming, underpinned by better incomes and improving health consciousness, encouraging large food and beverage companies to introduce new products and enlarge their customer base. Key Industry Development: December 2020: Nestle launched a milk product in China for adults, comprising ingredients that are meant to boost joint functionality, muscle strength, and bone health. Developed under its YIYANG Active brand, the company’s unique powdered beverage is its maiden product to fetch functional food approval in China. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/functional-foods-market-102269

Precast Concrete Market Professional Survey Report, Global Industry Scope, Size Estimate, Share, Growth Factors, Total Revenue, and Demand 2022-2028 The global precast concrete market size is expected to showcase significant growth by reaching USD 159.85 billion by 2028. Fortune Business Insights, in its report titled “Precast Concrete Market, 2021-2028.”, mentions that the market stood at USD 114.78 billion in 2020 and is likely to exhibit a CAGR of 4.4% between 2021 and 2028. The rapid-paced urbanization, coupled with the rising population rate, is anticipated to favor the adoption of the product globally. According to the National Bureau of Statistics (NBS), around 901.99 million people reside in the mainland areas in China, which accounts for over 63.89% of the total population in the country. Market Segmentation Based on the product type, the market is divided into building components, transportation, water & waste handling, and others. On the basis of end-use, the market is bifurcated into residential and non-residential. Based on end-use, the residential segment held a global precast concrete market share of about 37.7% in 2020. The segment is expected to experience exponential growth backed by the increasing investment in the development of real estate that is likely to propel the demand for the product worldwide. Finally, on the basis of region, the market is segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. What does the Report Include? The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market between 2021 and 2028. DRIVING FACTORS Rapid-Paced Urbanization to Aid Growth The evolving standard of living globally has led to the growing demand for quality-oriented and people-centered facilities. The rapid-paced urbanization has led to significant development of both residential and non-residential establishments. Besides, a large number of masses are migrating from rural areas to urban places for better job opportunities. The fast-paced growth of smart cities equipped with state-of-the-art infrastructures such as airports, malls, sports complexes, and commercial spaces is anticipated to boost the demand for the product. Besides, the rising population rate across the globe is expected to contribute to the global precast concrete market growth during the forecast period. Information Source: https://www.fortunebusinessinsights.com/precast-concrete-market-103301

Precast Concrete Market New Trends, Opportunities and Industry Projections 2022-2028 The global precast concrete industry share is expected to showcase significant growth by reaching USD 159.85 billion by 2028. Fortune Business Insights, in its report titled “Precast Concrete Market, 2021-2028.”, mentions that the market stood at USD 114.78 billion in 2020 and is likely to exhibit a CAGR of 4.4% between 2021 and 2028. The rapid-paced urbanization, coupled with the rising population rate, is anticipated to favor the adoption of the product globally. According to the National Bureau of Statistics (NBS), around 901.99 million people reside in the mainland areas in China, which accounts for over 63.89% of the total population in the country. The widespread effect of the global pandemic, COVID-19, has been felt across several economies that are facing unprecedented loss. Owing to the lockdown announced by the government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government as well as the industries is likely to bring the economy back on track and aid in the resumption of industrial activities. Market Segmentation Based on the product type, the market is divided into building components, transportation, water & waste handling, and others. On the basis of end-use, the market is bifurcated into residential and non-residential. Based on end-use, the residential segment held a global precast concrete market share of about 37.7% in 2020. The segment is expected to experience exponential growth backed by the increasing investment in the development of real estate that is likely to propel the demand for the product worldwide. Finally, on the basis of region, the market is segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. DRIVING FACTORS Rapid-Paced Urbanization to Aid Growth The evolving standard of living globally has led to the growing demand for quality-oriented and people-centered facilities. The rapid-paced urbanization has led to significant development of both residential and non-residential establishments. Besides, a large number of masses are migrating from rural areas to urban places for better job opportunities. The fast-paced growth of smart cities equipped with state-of-the-art infrastructures such as airports, malls, sports complexes, and commercial spaces is anticipated to boost the demand for the product. Besides, the rising population rate across the globe is expected to contribute to the global precast concrete market growth during the forecast period. Information Source: https://www.fortunebusinessinsights.com/precast-concrete-market-103301

Precast Concrete Market Demand, Recent Trends, Size and Share Estimation by 2028 with Top Players The global precast concrete market Size is expected to showcase significant growth by reaching USD 159.85 billion by 2028. Fortune Business Insights, in its report titled “Precast Concrete Market, 2021-2028.”, mentions that the market stood at USD 114.78 billion in 2020 and is likely to exhibit a CAGR of 4.4% between 2021 and 2028. The rapid-paced urbanization, coupled with the rising population rate, is anticipated to favor the adoption of the product globally. According to the National Bureau of Statistics (NBS), around 901.99 million people reside in the mainland areas in China, which accounts for over 63.89% of the total population in the country. The widespread effect of the global pandemic, COVID-19, has been felt across several economies that are facing unprecedented loss. Owing to the lockdown announced by the government agencies, several industries have been on a standstill with limited operational activities. However, a collective effort from the government as well as the industries is likely to bring the economy back on track and aid in the resumption of industrial activities. Market Segmentation Based on the product type, the market is divided into building components, transportation, water & waste handling, and others. On the basis of end-use, the market is bifurcated into residential and non-residential. Based on end-use, the residential segment held a global precast concrete market share of about 37.7% in 2020. The segment is expected to experience exponential growth backed by the increasing investment in the development of real estate that is likely to propel the demand for the product worldwide. Finally, on the basis of region, the market is segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. What does the Report Include? The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies such as SWOT and PESTEL analysis to extract information about the current trends and industry developments that will drive the market growth during the forecast period. Information Source: https://www.fortunebusinessinsights.com/precast-concrete-market-103301

The global nanocoatings market size was USD 7,825.3 million in 2020 and is projected to reach USD 39,869.2 million by 2028, exhibiting a CAGR of 22.7% during the forecast period. This information is published by Fortune Business Insights, in its report, titled, “Nanocoatings Market, 2021-2028.” The growing demand from the construction sector for this material is among the prime aspects fueling the market growth. Adoption of the product to encourage sustainability and preserve energy is considerably increasing the market growth. Furthermore, the surging implementation of abrasion-resistant products from the automotive sector is likely to foster market growth. Information Source - https://www.fortunebusinessinsights.com/nanocoatings-market-105023 Report Coverage: The report offers valuable insights obtained from a thorough study done by our researchers. Extensive research was conducted to provide the estimated size of the nanocoatings market. The data used to project the shares for multiple segments at the country, regional, and global levels is obtained from in-depth interviews with numerous stakeholders. Furthermore, we have gained access to several global and regional paid databases to deliver precise information to make business investment decisions easy for you. Segmentation: Self-Cleaning Segment to Hold Highest Market Share On the basis of type, the market is segmented into antimicrobial, self-cleaning, anti-fingerprint, anti-corrosion, and others. The other segment involves photocatalytic coatings, hydrophobic coatings, superhydrophobic coatings, anti-fouling coatings, abrasion-resistant, thermal barrier, and anti-icing coatings. Buildings & Construction Segment to Dominate Market On the basis of the application, the market is segmented into building & construction, automotive, aerospace, electronics, marine, and others. The other segment involves medical, healthcare, food packaging, and energy. Geographically, the market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Drivers and Restraints: Growing Demand from Building & Construction Industry to Thrust Market Growth Nanocoatings are one of the most favorable high-performance materials that are employed in the construction industry. Due to their self-assembly impact, they display exceptional characteristics in comparison with conventional coatings. They are specifically utilized for safeguarding numerous surfaces such as glass, concrete, and marble or sand limestone from staining, corrosion, abrasion, and other external aspects. However, it needs progressive machinery & equipment that are marginally costly. Therefore, this is likely to impede the market growth. Regional Insights: North America to Dominate Backed by Subsidies Offered by Government Bodies North American market size was worth USD 3,188.6 million in 2020. The region is anticipated to dominate the global nanocoatings market share during the forecast period, robustly affected by government subsidies, interest rates, building activities, and consumer spending, all of which are crucial factors of GDP. Asia Pacific is predicted to hold a considerable nanocoatings market share in the global market. The surging building & construction activities and advancement of the industrial sector is likely to affirmatively sway the market. Europe is among the regions that have a well-settled automotive industry. Nations such as Germany, Italy, France, and the U.K. are prime manufacturers of automobiles. Competitive Landscape: Crucial Business-related Declarations by Prime Players to Impact Market Dynamics Prime companies in the market often make vital announcements concerning some business moves, which in turn affect the market either affirmatively or adversely. Players procure companies, launch novel products, involve in collaborative deals, sign agreements with government establishments, and so on. Key Industry Developments: April 2021: Actnano declared the attainment of important milestones for the company. In 2020, the company’s protective coating, under the brand identity ‘nanoGAURD’ accomplished 1.2 million manufacturing vehicles coupled with a few autonomous automobiles on the road. List of Key Players Mentioned in the Report: P2i Ltd (U.K.) Nanovere Technologies LLC (U.S.) Nanofilm Ltd. (U.S.) ACTnano (Massachusetts, U.S.) Nanophase Technologies Corporation (U.S.) Tesla Nanocoatings Inc. (U.S.) Cleancorp (Australia)