Market Slingshot:
The scope of the global Craft Beer Market was appreciated at US$ 85.02 billion in 2015. The range is projected to touch US$ 502.9 billion by 2025, growing at a CAGR of 19.9% for the duration of the forecast.
This is attributed to increasing consumer base in the developing economies like India; thanks to high disposable income and high millennial population. It has been reported that millennials are all the more enthusiastic with regards to trying out novel flavors and variants as compared to the other section of population. Plus, millennials’ spending power is on the higher note and likely to increase by leaps and bounds.
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Trends and Regional Insights:
The manufacturers are looking at the millennials to have a greater market share by launching novel products and coming up with marketing campaigns for attracting this segment. North America did account for the largest share as of 2017 and is expected to continue with the winning streak in the upcoming period as well. Europe comes in second; as cold weather calls for extra-consumption of beer (craft beer, in particular). Asia Pacific is expected to surpass Europe and North America due to the reasons stated above.
Market Segmentation:
The global craft beer market is segmented based on product and geography. By product, the segmentation states amber ale, pale ale, seasonal craft beer, IPA, and other craft beer. By geography, the same market says North America, Europe, Asia Pacific, LATAM, and MEA. The “Brewers Association”, a U.S.-based trade group, does define craft breweries as “exclusive, small, and traditional”. In the UK, the “Society of Independent Brewers (SIBA)” run the “Assured Independent British Craft Brewer” initiative to make sure that the beers carrying the “Independent Craft Brewer” logo turn out to be relatively independent, small, and brewing quality ones.
Players:
The players contributing to the craft beer market include Boston Beer, Duvel Moortgat, D.G. Yuengling & Son, Anheuser-Busch InBev, and New Belgium Brewing Company. They are looking toward inorganic growth to sustain themselves amidst competition.
Market Segment:
Craft Beer Distribution Outlook (Volume, Billion Liters; Revenue, USD Billion, 2014 - 2025)
• On-trade
• Off-trade
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The scope of the global Craft Beer Market was appreciated at US$ 85.02 billion in 2015.
The range is projected to touch US$ 502.9 billion by 2025, growing at a CAGR of 19.9% for the duration of the forecast.
This is attributed to increasing consumer base in the developing economies like India; thanks to high disposable income and high millennial population.
Europe comes in second; as cold weather calls for extra-consumption of beer (craft beer, in particular).
Asia Pacific is expected to surpass Europe and North America due to the reasons stated above.
By product, the segmentation states amber ale, pale ale, seasonal craft beer, IPA, and other craft beer.
Market Snapshot:The global Next-Generation Data Storage Market size was projected at US$ 53.1 billion in 2018.
It is expected to reach US$ 118.22 billion by 2025 with a CAGR of 12.5% during the forecast period.
The sectors witnessing next-generation data storage at the moment include data centers, automotive, and IT.
The factor catalyzing the market is the fact that information growing by leaps and bounds does require space for storage as well as maintenance.Market Segmentation:The next-generation data storage market is segmented based on type, architecture, storage technology, application, and geography.
By architecture, it says object-based, block storage, file-based, and others.
By storage technology, the segmentation goes like All-flash array, hybrid flash array, magnetic tape, and hard disk drive.
Feb 02, 2021: The global automotive lighting market size was valued at USD 19.64 billion in 2014 and is anticipated to reach USD 34.65 billion by 2022.
Global automotive market will witness a steady growth with growing demand of automotive vehicle in the upcoming years.
Increasing automotive production, rising concerns about vehicle safety, growing population and also government are driving the growth of the market.
On addition to it, the increase in the purchasing power of the people is also creating opportunities for the market growth.
Automotive vehicle consists of variety of lights to increase the visibility in darkness and bad weather conditions and automotive lights also increase the conspicuity (that is the clarity of observing things) of the vehicle.
The lighting devices are placed in different locations of the vehicle including front, rear, top and interiors.Halogen being an easily available and cost efficient technology has been majorly adopted by the market and is therefore, being used in lighting technology in the automotive sector also LED and Xenon are prominent lighting technologies which are in prime use in the global automotive lighting market.Download sample Copy of This Report at: https://www.millioninsights.com/industry-reports/automotive-lighting-market-size/request-sampleLED is likely to witness the highest growth amongst the three technologies during the forecast period.
The global plastic additives market size is expected to value at USD 62.50 billion by 2022.
Advantages of the plastic additives such as resistance to microbial activities, antioxidants, ultra-violet stabilizer, plasticizers, and impact modifiers, which are critical for compound formulations in order to enhance chemical and physical properties, are expected to foster market growth over the forecast period.Globally, the plastic additives market is predicted to grow at CAGR of 4.5% in forecast period, providing numerous opportunities for market players to invest in research and development of the market.
Additionally, increasing industrial activities, growing manufacturing output and strong economic growth in the Asia Pacific region is expected to expand market reach of the plastic additives industry over the forecast period.Favorable laws and regulation by governmental and international authorities such as EC (Beaches European Commission) and amendments in the Restriction of Hazardous Substances (RoHS) that monitors use of plasticizers, flame retardant and other additives are anticipated fuel market growth in the upcoming years.
However, excessive use of plasticizers, flame retardant and other additives causes adverse effects on human health and the environment condition, thereby restraining market growth to a certain extent.For further inquiries, about - Global Plastic Additives Industry Analysis, Size, Growth, Trends and Forecast 2012 - 2022, click on this link – https://www.millioninsights.com/industry-reports/plastic-additives-marketYet, the recent technological advancement and introduction of new methodologies for the production of the plasticizers, flame retardant and other additives are anticipated to boost market demand in the upcoming years.
Variation in the price of raw materials along with lack of availability are expected to limit market progress substantially.
Changing market dynamics regarding availability of raw material in the Middle East region are further negatively affect market growth, in the recent years.Additionally, easy availability of the alternative products such as polycarbonate (PC) and poly-acrylic (PMMA) coupled with lowered process are further affecting market performance of the plastic additives industry.
6th January 2020 – The global Intravenous (IV) Solutions Market was appreciated at US$ 6.9 billion in the year 2015.
The Intravenous (IV) Solutions market on the source of Type of Nutrients could span Minerals & Vitamins [Salt & Electrolyte], Parenteral Lipid Emulsion, Single Dose Amino Acid Solution, Carbohydrates.
Furthermore, augmented supports to superior amino acids by way of smaller amount of adversarial properties are likewise powering the development of the market.
Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/intravenous-iv-solutions-market/request-sample The Intravenous (IV) Solutions market on the source of Type could span Peripheral Parenteral Nutrition [PPN], Total Parenteral Nutrition [TPN].
The Intravenous (IV) Solutions market on the source of Type of End User could span Ambulatory Surgery Centers, Hospitals, Private Clinic, and Others.
In the emerging nations, growing purchase power pays the nonexistence of compensation exposure accordingly supporting the development.
Particularly, communications, entertainment, office productivity and others fall under the category of consumer electronics.
Electronic component is any discrete device or physical entity in an electronic system to affect associated fields or electrons.
Electronic components mostly are industrial products available in a single form and not to be mixed with electrical elements.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/electronics-retailing-market/request-sampleSoftware provides the necessary operations for a digital device to function.
In some, consumer electronics software is used on a personal computer couple with electronic devices such as camcorders and digital cameras and a third-party software also exists for such devices.Consumer electronics show is held timely in different countries with thousands of products on display.
The products adhere to standards of IEEE which is the world’s largest professional scientific and technical society with initiatives for state-of-the-art consumer electronics.
With growing demand for SMART devices and growing consumer base, the global electronics retailing market witnesses a trajectory growth in the upcoming years.
