Thursday, 16 April 2020

Global Anti-Snoring Devices and Snoring Surgery Market Provides Complete Analysis, Current Trends and Factors Driving Growth


The Global Anti-Snoring Devices and Snoring Surgery Market Size is anticipated to reach over USD 2,461. Million by 2026 according to a new research published by Polaris Market Research.

Snoring is a common sleeping condition caused owing to the airway blockage. Snoring is a symptom or indication of obstructive sleep apnea. The airway block is originated from various causes such as tonsil enlargement, nasal congestion, or improper mouth anatomical structure, which narrow down the passageway of air flow and breathing gets more or less clogged. In addition, usage of sedatives or antidepressant drugs, alcohol consumption, obesity, smoking, and allergies are another factors associated with snoring.

According to the World Health Organizations, currently around 100,000,000 people are suffering snoring problems globally and this problem is highly proportional to the age and hugely found in the age group of 55-60 years. Moreover, according to the American Sleep Association, approximately 50-70 million people have sleep ailments in the U.S. and out of that around 48% are diagnosed to have snoring. The treatment of cumulative affliction of snoring is needed to prevent the risk of obesity, diabetes, mental health issues due to sleep deprivation, gastroesophageal reflux disease, heart diseases, and other complications.


Some major key players in global anti-snoring devices and snoring surgery market includes Apnea Sciences Corporation, Pure Sleep Company, SomnoMed Ltd., Airway Management, Inc., Theravent, Inc., Tomed Dr. Toussaint Gmbh, Glaxosmithkline Plc, and Meditas Ltd., among others.

The increase in the number of people suffering snoring and larger rising need for budget-friendly, efficacious, and user-friendly, anti-snoring devices are the factors increasing the global anti-snoring devices and snoring surgery market. In addition, even though anti-snoring devices are the prime revenue generator in the global anti-snoring devices and surgery market, it is also anticipated that more people worldwide will undertake surgery to address the snoring disorder.
  
The global anti-snoring devices and snoring surgery market are segmented on the basis of device type, surgical procedure, and geography. On the basis of device type, the global market is categorized into oral applications, Nasal Dilator, Chin Strap, Position Control, Tongue Stabilizing Devices, and Expiratory Positive Airway Pressure. Among these segments, nasal products such as nasal strips and nasal cones are the most popular and widely used as these devices are easy to use and are convenient.


On the basis of surgery type the global anti-snoring devices and snoring surgery market is further categorized into uvulopalatopharyngoplasty, laser-assisted uvulopalatoplasty, radiofrequency ablation, sclerotherapy, pillar procedure, and others. From the surgery type segment, somnoplasty is estimated as the fastest growing segment owing to factors such as minimally invasive, comparatively low surgery cost, less painful, and fewer complications in comparison to the conventional surgical procedures.

North America is estimated to hold the dominant position in the anti-snoring devices and snoring surgery market, due to the growing occurrence of snoring disorders in the region. For instance, according to American Sleep Foundation 2017, approximately 90 million American were estimated to be affected by one or the other respiratory disorder leading to snoring. As an outcome increasing the incidence of snoring is anticipated to increase the demand for its devices and treatment, fueling anti-snoring devices and snoring surgery market. The Asia Pacific is anticipated to dominate the market in the forecast period, owing to growing number of people suffering obesity and respiratory ailments, leading to augment the growth of the anti-snoring devices and snoring surgery market during the forecast period.


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Pruritus Therapeutics Market Growth Opportunities to Market Players in the Coming Years

The global pruritus therapeutics market is anticipated to reach over USD 17,275.12 Million by 2026, according to a new research published by Polaris Market Research, Pruritus, also known as itch disorder can be triggered by several ailments ranging from dermatological disorders such as mycoses, atopic dermatitis, chickenpox, and contact dermatitis, Pruritus is interrelated with the dermatologic and systemic causes. A typical itching generally forms the diagnosis of a key dermatologic syndrome. Several skin diseases that are related to pruritus include renal pruritus, hematologic pruritus, cholestatic pruritus, idiopathic generalized pruritus, pruritus related to malignancy and endocrine pruritus. Renal pruritus can befall in people with chronic renal failure. Increased levels of ions such as calcium, phosphate, and magnesium are found in the skin of pruritic patients.  Severe pruritus leads to scratching that causes secondary skin problems such as eczematization, dryness, infection, excoriation, Contact allergy, and lichenification.

Some major key players in global Pruritus Therapeutics Market include pruritus therapeutics market includes Allergan Inc., Amgen Inc., Astellas Pharma Inc., CARA Therapeutics, Novartis AG, and Teva Pharmaceutical Industries Ltd. among others.


The rising incidence of dermatological disorder influencing the occurrence of pruritus and subsequently, the rising demand for proper diagnostics as well as therapeutics to treat the such medical condition is anticipated to bolster the market growth. The rise in inorganic development strategies is recognized as one of the key factor boosting the growth of the pruritus therapeutic market. In addition, the key players of the pruritus therapeutic market are progressively adapting the growth strategies such as partnerships, regional acquirements, and mergers and acquisitions. Such growth strategies are anticipated to result in technological advancement owing to enhancement in the product portfolio and mutual collaboration in R&D further boosting the market growth.
  
The global pruritus therapeutics market is segmented on the basis of product, disease type, and geography. On the basis of product, the global pruritus therapeutics market is segmented into Corticosteroids, Antihistamines, Local Anesthetics, Counterirritants, Immunosuppressant, Calcineurin Inhibitors, and Others. In 2017, the corticosteroids are expected to dominate the market by product segment as corticosteroids are widely used as the first line of treatment. On the basis of disease type, the global pruritus therapeutics market is segmented into Atopic Dermatitis, Allergic Contact Dermatitis, Urticaria, and Others. In 2017, Allergic contact dermatitis is estimated to dominate the market segment. It is the 3rd most general cause for patients seeking consultation with a dermatology specialist. Allergic contact dermatitis is commonly observed in women.


On the basis of region, the global pruritus therapeutics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America was estimated to dominate the global pruritus therapeutics market. The dominance is majorly due to The presence of favorable government initiatives and the introduction of new products. Moreover, rising incidence of target disorders and the existence of pruritus inducing climatic disorders in this region are anticipated to boost the market growth during the forecast period. However, Asia Pacific is anticipated to dominate pruritus therapeutics market. Growing incidence of atopic dermatitis and urticarial and presence of unmet healthcare organization needs are the factors attributed to the growth of the market in Asia Pacific.


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Optical Coherence Tomography Market Share Worldwide Industry Growth, Size, Statistics, Opportunities and Forecast

The Global Optical Coherence Tomography Market (OCT) Size is anticipated to reach over USD 2,179.75 Million by 2026 according to a new research published by Polaris Market Research. Optical Coherence Tomography (OCT) methods are operative optical diagnostics techniques that cast a 2D as well as the 3D outlook of the retina to help ophthalmological assessments and treatments.  The Optical Coherence Tomography (OCT) Market is basically impelled by the differential need for these methods across several areas of life science and healthcare. The OCT market has been emphasized by the advancement in technologies, furthered by the increasing significance of medical applications in the current scenario.

The range of Optical Coherence Tomography is not limited to ophthalmology and has extended across other medical application such as nephrology, dermatology, and oncology. This factor has amplified the growth scenarios of the Optical Coherence Tomography (OCT) which is anticipated to show intense growth in the forecast period.  The escalation of pathology has also become a devoted contributor to market growth as OCT methods could be employed in the pensive study of micro-level diseases. Furthermore, the non-intrusive nature of OCT has made this technique a prime choice of the medical community for ophthalmic imaging.



The Optical Coherence Tomography (OCT) market has extended its area to the study of ailments such as cardiovascular disruptions, diabetes, esophageal problems, non-melanoma skin cancer, and prostate cancer. This is a significant standpoint for the market as the increasing occurrence of such disorders would create a widespread demand for OCT products. In addition, the emerging economies such as China, Japan, and India have seen operational variations in their healthcare sector which is making developing progress in that regions. This proliferates the demand for OCT devices further propelling the market growth.

The global Optical Coherence Tomography (OCT) Market is segmented on the basis of technology, type, application, and geography. On the basis of technology, the global Optical Coherence Tomography (OCT) Market is segmented into Time Domain Optical Coherence Tomography (TDOCT), Frequency Domain Optical Coherence Tomography (FD-OCT), and Spatially Encoded Frequency Domain Optical Coherence Tomography. The Spatially Encoded Frequency Domain Optical Coherence Tomography is further categorized into Spectral Domain Optical Coherence Tomography (SDOCT) and Fourier Domain Optical Coherence Tomography (FDOCT).

On the basis of type, the global Optical Coherence Tomography (OCT) Market is segmented into Catheter-based OCT devices, Doppler OCT devices, Handheld OCT devices, and Tabletop OCT devices. In 2017, the handheld type segment was estimated to dominate the market. The dominance is attributed to the higher product penetration in developed regions such as U.S., U.K., Germany, and Brazil.


On the basis of application, the global Optical Coherence Tomography (OCT) Market is segmented into Ophthalmology, Cardiovascular, Oncology, Dermatology, and others. In 2017, ophthalmology segment is estimated to dominate the market growth. Introduction of higher performing devices with accurateness, improved performance, and easiness of use coupled with the supplementing occurrences of choroidal and retinal disorders is the vigorous impact rendering factor enhancing the market growth.

Some major key players in global Optical Coherence Tomography (OCT) Market include Agfa Healthcare, Carl Zeiss Meditec AG, Heidelberg Engineering GmbH, Imalux Corporation, Michelson Diagnostics, Novacam Technologies Inc., OPTOPOL Technology S.A., Topcon Medical Systems Inc. and Thorlabs Inc. among others.


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Wednesday, 15 April 2020

Engineering Services Outsourcing Market Size, Share, Trends & Industry Analysis Report | PMR

The global engineering services outsourcing (ESO) market size was estimated to be at 402.4 billion in 2018 and is anticipated to grow at a CAGR of 21.0% from 2019 to 2026 according to a new report published by Polaris Market Research. The report “Engineering Services Outsourcing Market Size, Share, Trends & Industry Analysis Report By Location Outlook (Onsite, Offshore); By Application Outlook (Automotive, Energy, Network & Communications, Industrial Automation, Medical Technology, Industrial Electronics and Automated Embedded Engineering Services, Consumer Electronics, Semiconductors, Construction, Aerospace); By Regions; Segment Forecast, 2019 – 2026” provides insights on the current market scenario and the future trends in this market.

The major factors which are driving this market is the access to low cost highly skilled resources which can work towards complex tasks of not only designing and testing but also on validation, simulation and execution. Companies are moving from business process outsourcing to knowledge process outsourcing and major industry verticals such as automotive, consumer electronics, semiconductors, aerospace and telecom are providing huge opportunities to the consulting companies.


Major players which are profiled in the study include HCL Technologies Limited, IAV GmbH, P+Z Engineering GmbH, Tata Consulting Services Limited, Wipro Limited, EDAG Engineering GmbH, ASAP Holdings GmbH, FEV Group, Cybage software, Kistler Instruments AG, Infosys Ltd, among others.

The traction of offshore outsourcing can be seen owing to the low cost and added capabilities from the service providers. There are pureplay ESO service providers which are not only providing basic services but also, they are jointly investing with the companies to expand their businesses in growing markets and geographies. Companies are also focusing on ESO services to expand their market reach along with faster turnaround times from these providers. These are some of the major advantages for the companies to outsource their services.

The engineering services outsourcing market has been evolved from outsourcing of simple low-cost engineering services to capacity augmentation. These days companies are focusing more on reduced timelines, increased productivity and quality of outsourcing services. Countries such as India, China are the biggest market for ESO providers.  Growing number of engineering professionals every year coupled with low cost of service have pushed the market for ESO in this region. 

  
Companies in North America and Europe are considered to spend more on these services however, Asia Pacific is the largest market for the ESO service providers. Countries such as India and China have pushed the market for ESO and are estimated to continue the trend over the forecast period. ESO applications in the automotive, telecom, consumer electronics and aerospace segments is considered to have large market share in 2018.

There has been an increase in adoption in the offshore services as compared to onsite service due to low costs and highly skilled professionals on the offshore locations. The offshore outsourcing type would grow at a higher rate during the forecast period as compared to its counterpart. The major restrains this market is facing is the intellectual property theft specifically during the offshore outsourcing. This is the major problem faced by many companies, which eventually generates a loss for these companies. However due to strict laws and changing regulations, this challenge is expected to overcome during the forecast period.


About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
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Virus Filtration Market Manufacturers, Regions, Type and Application Forecast to 2020-2026

The global virus filtration market is anticipated to reach USD 6.94 billion by 2026 according to a new research published by Polaris Market Research. The market is anticipated to witness a high growth rate over the forecast years owing to the expanding interest for natural items, for example, immunizations, therapeutic proteins, blood and related blood items, cell and quality treatment, tissue, and undifferentiated cell items is a central point driving industry development.

Viruses are minute micro-organisms which are visible under compound microscope. Viruses are transmittable and have capability to replicate themselves inside the living organism’s body. Viruses contaminate all the life forms, such as microbes, animals, and plants, which includes bacteria as well as archaea. Virus Filtration is the important procedure for removal of virus particles. This filtration is an operative virus removal tool for manufacturing biological products with welfare of the modest operability and insignificant harm to the yield. Virus filtration procedure is generally carried out as a final purification step for any manufacture method.

  
Major biopharmaceuticals and biotechnology companies are indulged in R&D for creating new natural products. Virus filtration is a critical advance in biologics improvement, in this manner, the expanding R&D on biologics is required to drive the market for these items. In 2016, major players in the industry invested millions of dollars in R&D. The expenses were principally embraced to support advancement and efficiency in R&D to develop a practical pipeline of immunizations and treatments with lucrative business openings.

Rising prevalence of constant illnesses including malignancy, diabetes, and immune system issue are expected to fuel the market for virus filtration in biologics segment. As per the International Agency for Cancer Research, approximately 14.1 million new disease instances of growth were analyzed worldwide and this number is anticipated to achieve 21.7 million by 2030. Therefore, there is a developing interest for therapeutics biologics for the treatment of such constant ailments, that continuously drive the interest for virus filtration product types for R&D and other applications.


Biopharmaceuticals are largely gained from human, creatures, and plants and require an examined virus filtration technique to stay away from infection tainting in the generation. Subsequently, the need of this strategy amid the generation of biologics is required to support the market development.


About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
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Cell Culture Market Size, Application, Regional Outlook, Competitive Strategies and Forecast 2026

The global cell culture market is expected to reach USD 42.9 billion by 2026 with a CAGR of 11.8% during the forecast period as per a new study released by Polaris Market Research. 

Cell culture is swiftly developing as an implement for evaluating and treating ailments such as Alzheimer’s and cancer diseases. Major Players are intending on broadening their cell reservoir and enhancing their efficiency by putting significant importance on recruitment of trained experts in order to gain a moderate threshold in the market. It is also estimated that the cell culture technique is also obtaining global acceptance in the food and beverages sector and this trend is anticipated to have a good grip in 2019. Cell culture is also gaining traction as one of the most important aspect in the development of high-quality plant actives.

Some of the major companies operating in this market consist of Thermo Fisher Scientific, Sartorius, General Electric, Merck, Sigma-Aldrich Co., LLC, Eppendorf, Promocell, Becton, Dickinson & Company (BD) and Lonza.


The requirement for cell culture has improved to an extent where conventional manual handling and development of the culture is incapable fulfill the increasing demands. This has enabled the development of automated considerable scale cell culture outlines that are furnished for providing high output of cell societies of high purity levels and in larger quantities. The constant development of these systems and functions for cell culture has stabilized this market to anticipate a growth and advancement through to 2026. This improvement has moved the market noticeably and the cell culture market is predicted to gain a significant traction during the forecast period.

This growth can be attributed to the developing requirements for biopharmaceutical development, antibodies and protein generation; all of which depend intensely on cytological R&D where cell culture plays a notable part. Growing demand for biopharmaceutical is furthermore assumed to sustain regional market development over the forecast period.

The automated culture systems give remarkably improved limit managing, increased productiveness and reproducible purity levels. Sturdy federal initiatives associating to growing speculations by companies and governments in biopharmaceutical assembling and high undiscovered market openings are some imperative variables representing such quick development.


The United States and Canada represented the biggest market share in 2018, as there are a substantially high variety of R&D going in the area pertaining to cytological examination for proteomics, genomics, and also medication as well as vaccination advancement. Expanding requirement for biopharmaceuticals is likewise prepared for to sustain local market development throughout the forecast period.

The Asia Pacific region is anticipated to witness considerable development during 2019 to 2026 due to the existence of high demand for boosting manufacturing as well as advancement of vaccinations, medications, and also brand-new biologics. Helpful federal government efforts, increasing financial investments by market players and existence of federal governments in biopharma production as well as high untouched possibilities in the market are some of the vital elements which are helping this market to gain traction in this region.

Cell culture sera is estimated to represent over 45% of revenue generated in 2019 due to, high usage in cell culture composition and high prices of the product. It is also expected that the commercialization of sera is likewise anticipated to drive market in coming years.


About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
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Biotechnology Market Global Analysis of Key Manufacturers, Dynamics & Forecast 2020-2026

The global biotechnology market is estimated to reach USD 727.12 billion by 2026 growing at a CAGR of 6.84% during the forecast period, according to a new study published by Polaris Market Research. 

Growing hepatitis B disease, increasing interest of horticultural items such as sugarcane, rice, beans, and wheat due from the increasing populations in economies such as U.S., China and India are expected to push the overall biotechnology market. The growth of this market is further propelled by elements such as deficiency of water, low yield of items, insect attacks, and constrained availability of agrarian land, which is promoting the companies to invest and conduct R&D activities at a broader scale. Another factor which is helping the market growth includes regenerative medicines. Existence of a huge section of businesses concentrating on the advancement of regenerative treatments is anticipated to push the market development through to 2026. Technological developments in the areas of artificial intelligence in this market is estimated to sustain progress with possible opportunities. The companies are engaged in using artificial intelligence in order to understand cancer cases, while working on the medical trials.


Some of the major players operating in this market include Abbott Laboratories, Agilent Technologies, Amgen, BioGen Medical Instruments, Bio-Rad Laboratories, Danaher, F. Hoffmann-La Roche, Illumina, Merck, PerkinElmer, Qiagen, Thermo Fisher Scientific, Gilead, Celgene, Novo Nordisk A/S, Novartis AG, Sanofi Aventis, and Lonza.

Encouraging government policies associated with biological advancements is also propelling the growth in this market. Established economies such as United States and UK and growing economies such as China and India are investing in the biotechnology R&D initiatives. Governments are associating with private companies for expanding their research into this domain.
  
Owing to technological improvements and prevalent applications of biotechnology in healthcare is helping the market to gain a strong growth during the forecast period. Companies are constantly introducing brand-new biotechnological medicines and vaccines to deal with diagnosis and biopharmaceutical development within the healthcare sector, is approximated to push the market further towards its growth. Bioinformatics is anticipated to witness the fastest growth in the coming years. Developments in data combination tools through cloud computing platform facilitate analysis and assistance to process enormous next-generation sequencing information. These advancements are approximated to greatly boost adoption of bioinformatics tools in numerous life sciences applications in the near future. Application of nanotechnology-based products is anticipated to improve development in this sector. Reducing costs and increase in number of services related to biotechnology are expected to drive the market with profitable avenues.


North American pharma and biotech organizations have experienced excellent success in last couple of years resulting in a larger market share. Universities and research institutes are also introducing various biotech-based programs which would help the market to gain its much-required traction. The Asia Pacific  market on the other hand is anticipated to grow at the most significant rate due to improving and growing healthcare infrastructure coupled with local companies in this region focusing on developing advanced medicines to cure chronic diseases such as cancer with the help of biotechnology. With strong government and federal assistance and recruitment of extremely trained researchers has made it possible for countries such as China and India to swiftly develop capacity for regenerative medication.


About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
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Anti Drone Market Overview, Opportunities, Growth Impact and Demand Forecast 2026

According to a new study published by Polaris Market Research the worldwide anti-drone market is anticipated to reach over USD 3,064 million by 2026. In 2017, the defense and military segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

The rising incidences of misuse of drones and growing terrorist activities primarily drive the growth of this market. Smugglers and traffickers are increasingly using drones for malicious and criminal activities, thereby increasing the demand of anti-drones. Other driving factors include technological advancement, and increasing investment in R&D.


There has been an emerging threat from drones to critical infrastructure. A high number of cases of drone overflights at nuclear and power stations have been registered. In 2014, after several cases of overflights of reactors, French authorities invested $1.1 million for detection, identification, and neutralization of small aerial drones.

There has been a significant increase in spoofing and cyber-attacks. Spoofing is taking control of a drone by hacking the radio signal and sending commands to the aircraft from another control station. Valuable data can be stolen or deleted through cyber-attacks. Complaints registered against misuse of drones also include snooping, burglary, smuggling contraband into prisons, and mid-air near misses among others. Terrorists have started using drones to gather valuable intelligence on their enemies. All these factors have increased the adoption of anti-drone systems.

North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The driving factors for anti-drone market in North America include increasing number of security breach incidents by unidentified drones and increasing terrorist activities. Recent incidences of riots & civil unrest have increased the demand for anti-drones in this region. North America spends high budgets for military expenditure and for research & development programs, which augment market growth.


The various end-users of anti-drones include defense and military, government, commercial, and others. In 2017, the defense and military sector accounted for the largest share in the global market, and is expected to maintain its lead during the forecast period. The demand for anti-drones in the military sector has increased owing to growing cases of smuggling, trespassing, and spying. Increasing need for border security, and threats from neighboring countries support the adoption of anti-drones.

The well-known companies profiled in the report include Saab AB, Thales Group, Raytheon Co., Lockheed Martin Corp. , Dedrone Inc, Droneshield Ltd., Northrop Grumman Corp., Theiss UAV Solutions, LLC, Blighter Surveillance Systems Ltd., Israel Aerospace Industries Ltd.,  among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.


About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

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Halal Food Market Analytical Overview, Growth Factors, Demand & Trends Forecast 2020-2026

The global Halal Food Market is anticipated to reach USD 922.53 billion by 2026 according to a new study published by Polaris Market Research.

The Halal Food market growth is primarily due to increase in Muslim populations and their rising annual spending on food. This has created a surge in demand for halal food & beverage products. Increasing demand has also compelled market players to engage in authentic and branded products. Presently, consumers are exhibiting growing interest in halal industry. This is primarily due to the increasing consumer awareness about the nutritional and hygiene advantages, and improving lifestyles as a result of increasing disposable income. These products being processed and packed with much higher regulatory compliance compared conventional food products are gaining significantly popularity. Basically, they do not contain contents or ingredients that are against Islamic beliefs.


Some of the leading industry participants in the Halal Food market include Cleone Foods, Prima Agri-Products, Cargill, Kawan Foods, Janan Meat, Saffron Road Food, Dagang Halal, QL Foods, Al Islami Foods and Nestle.

Halal foods are expected to be produced, packaged, stored, and distributed as per Islamic teachings. Moreover, these products are considered to be safe, clean, and highly nutritional. The significant growth in Muslim populations across the globe is expected to offer immense opportunities to Halal Food market. In addition, the rapidly accelerating economic power of Islamic countries is anticipated to largely influence them to spend additional money on the branded products.

The growing issues over the absence of proper regulatory framework to assure the authenticity of these products might be a restraint to the commercially produced halal food. The industry can be considered as a fragmented one and the absence of standardized regularizations has repressed the mainstream F&B participants from venturing this section of the worldwide Halal Food market. However, the number of small scale companies meeting the needs of the local populations has been increasing significantly.


Low level of awareness about the presence of authentic halal food brands is acting as a challenge to the industry. As a consequence, the industry is not experiencing demands to its full potential as expected. Moreover, halal authentic issues within the sector are considered quiet minor among consumer. Thus, this requires manufacturers to improve their marketing strategies and production facilities. Furthermore, it becomes difficult to understand consumer perspective about halal food & beverage brands.
The Asia Pacific Halal Food market is anticipated to dominate the global market by 2026, owing to the presence of emerging nations such as India, Indonesia, Malaysia, Bangladesh, Maldives, and Pakistan. These nations have significant population that follows Islamic beliefs. Moreover, the rising economic conditions in the region provides an opportunity for the foreign players to start of their production facilities, thus offering cost effective products the consumers in the region.



About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
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