Press Releases

Global LED Panel Light Market Driven by Long Lifespan and Innovative Design

LED panel lights are progressively being favoured as an indoor lighting option in a large number of residential and commercial spaces. This can be attributed to the large number of advantages offered by LED panel lights over incandescent or fluorescent lights in terms of power consumption, design, environmental impact, usability span, etc.

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Global Internet Advertising Market Expected to Reach US$ 257 Billion by 2022, Driven by its Cost-Effectiveness and Wide Demographic Coverage

In recent times, the global internet advertising market has witnessed an exponential growth as it has enabled both small and large businesses to reach the target audience. This has been a result of factors such as cost-effectiveness, wide reach, increasing popularity of electronic devices, growing consumer-base, etc.

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Global Kaspa Peas Market Influenced by Health Benefits and Changing Dietary Habits

The global kaspa peas market is rising in the developing regions as a result of improving standards of living and increasing health awareness. Apart from this, they are also becoming a popular ingredient in various snack foods owing to their savoury flavour and nutritional content.

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Global Banana Powder Market Grown at a CAGR 7% during 2009-2016, Owing to Long Shelf Life

The popularity of banana powder is rising as a result of long shelf life and high concentration of calories and nutrients. The growth in the global banana powder market is accentuated owing to its several applications in the food, healthcare, animal feed, cosmetics industries, etc.

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Global Shrimp Market to Reach 6.6 Million Tons by 2022

As a result of their high nutritional value and easy availability, shrimps have become an important part of various cuisines. Despite witnessing fluctuations in production during the last decade, the global shrimp market is projected grow rapidly during 2017-2022.

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Global Outdoor Advertising Market Expected to Reach US$ 51 Billion by 2022, Driven by Infrastructural Development

One of the oldest forms of advertising, outdoor advertising has now evolved to become one of the most widely used medium of advertising among the companies. Some of the factors which have contributed to the growth of the global outdoor advertising market are increasing urbanization, wider reach, immediate brand awareness, etc.

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Driven by Aggressive Marketing, Indian Pan Masala Market Expected to Reach INR 79,600 Crores by 2022

The Indian pan masala market is being driven by a number of factors such as aggressive advertising, new flavours, tobacco-free products, convenient packaging, increasing disposable incomes and a rising consumer-base.

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Global Radio Advertising Market Expected to Reach US$ 40 Billion by 2022

The growth of the global radio advertising market has been sluggish in recent years due to the rising popularity of other advertising media such as television, interne, mobile, etc. Inspite of this, its significance as an advertising medium cannot be overlooked. Radio advertising continues to be an important source of information and entertainment across the globe, particularly in the developing r...

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Global Television Advertising Market Expected to Reach US$ 290 Billion By 2022, Driven by Widening Demographic Coverage and Innovative Ad-Content

Television represents one of the most popular modes of advertising. Some of the factors contributing to the growth of the global television advertising market are advancements in technology, strong emotional impact on the consumers, increasing penetration of television sets across emerging regions, etc.

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Global Extruded Snack Foods Market Expected to Grow at a CAGR of 2.3% During 2017-2022

The popularity of extruded snack foods has been growing robustly in urban markets as these products can be consumed instantaneously, without having to indulge in lengthy cooking procedures. This coupled with the introduction of new products with innovative flavours, ingredients, seasonings, etc. have acted as a major catalyst in driving market growth.

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Global Cassava Starch Market Expected to Reach 7.2 Million Tons by 2022, Driven by Growing Demand for Food and Industrial Applications

Cassava has a high concentration of starch and is relatively cheaper than other sources. The growing demand for cassava starch for food and industrial applications is expected to drive the global cassava starch market with the global production projected to reach a volume of 7.2 Million Tons by 2022.

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Global Mobile Advertising Market Expected to Reach US$ 263 Billion by 2021

Mobile advertising enables advertisers to offer consumer directed ad-content, meanwhile making it more interactive. Owing to technological advancements and increasing number of mobile phone handsets, the global mobile advertising market is expanding exponentially.

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GCC LED Lighting Market Growth Driven by Government Initiatives and Increasing Infrastructure Investment Due to Upcoming Events

The GCC LED light market is expected to grow at a CAGR of around 17% during 2016-2021. The growth of this market will be driven by the growing environmental concerns, increasing infrastructure investments along with government initiatives focused on reducing the usage of inefficient lighting systems.

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Global Fresh Cream Market to Reach 4.1 Million Tons by 2022, Influenced by Expanding Food and Beverage Industry

Cream is a versatile dairy product and finds diverse applications in a number of foods and beverages. Some of the factors currently facilitating the growth of the global fresh cream market are the expanding food and beverage industry, large variety of products, growth in emerging markets, etc.

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Growth of the Global Lentil Market Induced by Health Benefits and Expanding Food Applications

In recent years, the global lentil market has experienced a balanced growth rate as a result of a number of factors. Some of the factors which have influenced the growth are health benefits, increasing disposable incomes, diverse applications in the food and beverage industry, and a growing demand from emerging markets.

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US Generic Drug Market to Reach US$ 141.5 Billion by 2021

Generic drugs have low research & development requirements. As a result, the costs involved in developing and manufacturing them are significantly lower than their branded counterparts. This allows generic manufacturers to price their drugs considerably lower compared to branded drugs. This has ultimately enabled the government, third-party payers and patients to save billions of dollars on healt...

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Starch Blended Biodegradable Polymer Market to Reach 477,424 Tons By 2021

According to IMARC Group, the global starch blended biodegradable polymer market has grown at a CAGR of 16.3% during 2008-2015, reaching a volume of 250,493 Tons in 2015. Expanding applications across various industries along with continuously declining prices over the last few years have encouraged the growth of this market. Other demand driving factors include easy availability of starch, easy...

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Global Citric Acid Market Driven by Increasing Consumption of Beverages and Convenience Foods in Emerging Markets

The food and beverages industry represents the largest consumer of citric acid where it is used in various beverages and as preservative in various food products. As a result of increasing population and improving living standards, the per capita consumption of beverages and convenience foods is also rising. Consequently, the global citric acid market is expected to grow at a CAGR of 3.1% during...

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Agriculture Sector in India Expected to Grow at 12%, Driven by Government Support and Easy Credit Availability

Despite being a country largely dependent on agriculture for the sustenance of its people, India faces certain challenges inhibiting the growth of its agriculture industry. The government’s support along with emerging trend of contract farming, easy credit availability, growing consumer base, etc. are expected to drive this industry at a CAGR of 12% during 2016-2021.

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Global Permanent Magnet Market Expected to Reach US$ 21 Billion by 2020, Driven by Increasing Use of Green Technologies and Devices

In order to decrease their carbon footprint, a number of countries are shifting towards energy efficient and eco-friendly green technologies and devices. As permanent magnets are an important part of these devices, their demand will also rise. IMARC Group expects the global permanent magnet market to grow at a CAGR of around 6.2% during 2016-2020, reaching a value of US$ 21 Billion by 2020.

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