Industry Research Report

Wednesday, 10 March 2021

Sperm Banks Market Overview, Cost Structure Analysis, Growth Opportunities and Forecast To 2028

The global sperm bank market expected to reach USD 6.07 billion by 2028 according to a new study by Polaris Market Research. The report “Sperm Bank Market Share, Size, Trends, Industry Analysis Report, By Service Type (Sperm Storage, Semen Analysis, Genetic Consultation); By Donor Type (Known Donor, Anonymous Donor); By End-Use (Donor Insemination, In-vitro Fertilization), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global sperm bank industry is driven by few notable factors such as rising cases of infertility among both men and women, innovations in assistive reproductive techniques, and an increasing number of infertility care centers across the globe. Moreover, the growing awareness among consumers in the middle-income countries also boosting the industry growth.

The global sperm bank industry is fragmented based on service type, donor, end-use, and region. In terms of service type, the market is segmented sperm storage, semen analysis, and genetic consultation. Based on the donor type, the market is classified as known and anonymous donors. The end-use segment is further divided into donor insemination and in-vitro fertilization.

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Segment Highlights

The semen analysis segment accounted for the largest revenue share in 2020 owing to its use in examination of sperm count and associated complications. The market segment accounted for over 45% of the global market in 2020.
Known donor market segment accounted for over 50% of the revenue share in 2020 and is expected to dominate across the forecast period owing to the several right to know your biological parent mandates in developed economies.
Based on end-use, the in-vitro fertilization market segment is projected to constitute over 95% of the market share by 2028. This can be attributed to the rising cases of miscarriages and high success rate of in-vitro fertilization.
North America sperm bank industry is expected to dominate the global market. Rising awareness among individuals about the ill-effects of infertility and the presence of robust infrastructure for sperm banking services are the factors responsible for market growth.
Fairfax Cryobank Inc., Xytex Corporation, Andocryos, Cryo-Save AG, New England Cryogenic Center, Seattle Sperm Bank, and Indian Spermtech are few of the major players operating in the market space.

List of Key Players

Fairfax Cryobank Inc.
Xytex Corporation
Andocryos
Cryo-Save AG
Indian Spermtech
New England Cryogenic Center
Seattle Sperm Bank
London Sperm Bank
Others

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Polaris Market Research has segmented the Sperm Bank Market report on the basis of service type, donor type, end-use, and region

Sperm Bank, Service Type Outlook (Revenue – USD Million, 2016 – 2028)

Sperm storage
Semen analysis
Genetic consultation

Sperm Bank, Donor Outlook (Revenue – USD Million, 2016 – 2028)

Known donor
Anonymous donor

Sperm Bank, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

Donor insemination
In vitro fertilization

Sperm Bank, Regional Outlook (Revenue – USD Million, 2016 – 2028)

North America
- U.S.
- Canada
Europe
- France
- Germany
- UK
- Italy
- Spain
- Netherlands
- Austria
Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
Central & South America
- Mexico
- Brazil
- Argentina
Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa

Breastfeeding Accessories Market Overview, Cost Structure Analysis, Growth Opportunities and Forecast to 2028

The global breastfeeding accessories market expected to reach US$ 3.20 billion by 2028 according to a new study by Polaris Market Research. The report “Breastfeeding Accessories Market Share, Size, Trends, Industry Analysis Report, By Product (Nipple Care Products, Breast Shells, Breast Pads, Baby Scales, Breastmilk Preparation & Cleaning Products, Breastmilk Storage & Feeding, Others); By Age Group (0-6 months, 7-12 months); By Distribution Channel (Online, Offline); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Rising awareness pertaining to the advantages of breastfeeding is expected to drive the demand for breastfeeding accessories. The global market for breastfeeding accessories is also driven by increase in disposable income of the working mothers having less time due to busy schedules, dedicated lactating rooms at the working places, and positive campaigns by the government to promote health benefits to the child about breastfeeding.

The global market for breastfeeding accessories is fragmented based on product, age group, distribution channel, and region. In terms of product, the market is segmented into nipple care products, breast shells, breast pads, baby scales, breastmilk preparation & cleaning products, breastmilk storage & feeding, and other accessories. The age group segment is further divided into 0-6 months’ and 7-12 months’ babies. Based on distribution channel segment is further divided into online and offline channels.

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Segment Highlights

The milk storage and feeding segment accounted for the largest revenue share in 2020 owing to the surge in milk banks and increasing awareness pertaining to breast milk storage. The segmented accounted for over 25% of the market share in 2020.
Based on distribution channels, offline channels are projected to constitute almost half of the market in 2028. The market players have strong distribution model and robust associations with retailers and distributors.
North America breastfeeding accessories industry accounted for over 50% of the market share in 2020. The sale of concerned product in the region is increasing due to social marketing and positive federal laws to promote breastfeeding at public places.
Asia Pacific region is projected to exhibit highest growth in the global market for breastfeeding accessories. This can be attributed to the increasing population of working women across the developing economies of the region.
Few of the major players operating in the market include Edgewell Personal Care, Newell Brands, Koninklijke Philips N.V., and Pigeon Corporation. The companies in the industry are adopting strategies such as mergers & acquisitions and regional expansion.

List of Key Players of Breastfeeding Accessories Industry

Edgewell Personal Care
Newell Brands
Koninklijke Philips N.V.
Pigeon Corporation
Medela LLC
Mayborn Group Limited
Others

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Polaris Market Research has segmented the breastfeeding accessories market report on the basis of product, age group, distribution channel, and region

Breastfeeding Accessories, Product Outlook (Revenue – USD Million, 2016 – 2028)

Nipple Care Products
Breast Shells
Breast Pads
Baby Scales
Breastmilk Preparation & Cleaning Products
Breastmilk Storage & Feeding
Other Accessories

Breastfeeding Accessories, Age Group Outlook (Revenue – USD Million, 2016 – 2028)

0-6 months
7-12 months

Breastfeeding Accessories, Distribution Channel Outlook (Revenue – USD Million, 2016 – 2028)

Online Channels
Offline Channels

Breastfeeding Accessories, Regional Outlook (Revenue – USD Million, 2016 – 2028)

North America
- U.S.
- Canada
Europe
- France
- Germany
- UK
- Italy
- Spain
- Netherlands
- Austria
Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
Central & South America
- Mexico
- Brazil
- Argentina
Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa

Enteral Feeding Formulas Market to Witness Increase in Revenues by 2028

The global enteral feeding formulas market is expected to reach USD 9.37 billion by 2028. according to a new study by Polaris Market Research. The report “Enteral Feeding Formulas Market Share, Size, Trends, Industry Analysis Report, By Product (Standard, Disease Specific); By Tube Type, By Indication, By End Use (Hospitals, Long-term Care Facilities {Homecare Agencies & Hospices, Nursing Homes, and Assisted Living Facilities}), By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global enteral feeding formulas industry is projected to grow, owing to rise in chronic disorders among old age population having low immunity, and the prevalent malnutrition in low-income countries, specifically poor nations with very low disposable income. Enteral feeding formulas industry players are focusing on customized feeding formulas to cater to particular indication.

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The global enteral feeding formulas industry is fragmented based on the product, tube type, indication, end use, and region. In terms of product, the market is segmented into standard and disease specific formulas. The tube type market segment is further divided into nasogastric tube, naso-jejunal tube (NJT), Jejunostomy tubes, radiologically inserted gastronomy tubes (RIG), and percutaneous endoscopic gastronomy tubes (PEG).

The indication market segment is further divided into Alzheimer’s, nutrition deficiency, cancer care, chronic kidney diseases, orphan diseases, dysphagia, pain management, malabsorption/GI disorder/Diarrhoea, and others. The end use market segment is further divided into hospitals, and long-term care facilities.

Segment Highlights

The standard enteral feeding formulas segment accounted for the largest revenue share in 2020 owing to easy availability at low cost. The market segment holds over 54% of the global share in 2020. Disease specific feeding formulas market is expected to expand at highest CAGR during the forecast period.
Based on indication, the nutritional deficiency segment is projected to constitute most of the market in 2028. The segment holds the major share due to the increasing occurrence of malnourishment among children across the world.
North America region is dominating the global enteral feeding formulas industry, holding almost one-third of the market share throughout forecast period. Due to change in the lifestyle and busy day to day activities there is a rise in chronic disorders and awareness of malnutrition in new-borns are the key factors responsible for growth in the region
Asia Pacific enteral feeding formulas industry comprises two most populous nations India and China, the region is expected to witness significant growth owing to the advancements in clinical research and high infant mortality rate due to malnutrition

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List of Key Players of Enteral Feeding Formulas Industry

Mead Johnson & Company, LLC
Nestle Health Science
Danone Nutricia
Abbott Nutrition
Kitchen Blends
Meiji Holdings
Otsuka Pharmaceutical Factory
Primus Pharmaceuticals, Inc.
Fresenius Kabi AG
Victus
Others

Polaris Market Research has segmented the enteral feeding formulas market report on the basis of product, tube type, indication, end-use, and region.

Enteral Feeding Formulas, Product Outlook (Revenue – USD Million, 2016 – 2028)

Standard
- Polymeric
- Monomeric
Disease-Specific
- Diabetic
- Renal
- Hepatic
- Pulmonary
- Others

Enteral Feeding Formulas, Tube Type Outlook (Revenue – USD Million, 2016 – 2028)

Nasogastric Tube
Naso-jejunal tube (NJT)
Jejunostomy Tubes
Radiologically inserted Gastronomy Tubes (RIG)
Percutaneous Endoscopic Gastronomy Tubes (PEG)

Enteral Feeding Formulas, Indication Outlook (Revenue – USD Million, 2016 – 2028)

Alzheimer’s
Nutrition Deficiency
Cancer Care
Chronic Kidney Diseases
Orphan Diseases
Dysphagia
Pain Management
Malabsorption/GI Disorder/Diarrhea
Others

Enteral Feeding Formula, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

Hospitals
- Cardiology
- Neurology
- Critical Care (ICU)
- Oncology
- Others
Long-term Care Facilities
- Homecare Agencies & Hospices
- Nursing Homes
- Assisted Living Facilities

Enteral Feeding Formulas, Regional Outlook (Revenue – USD Million, 2016 – 2028)

North America
- U.S.
- Canada
Europe
- France
- Germany
- UK
- Italy
- Spain
- Netherlands
- Austria
Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
Central & South America
- Mexico
- Brazil
- Argentina
Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa

Tuesday, 9 March 2021

Breast Cancer Therapy Market to Register Stellar Compound Annual Growth Rate Through 2026

Breast cancer is a disorder which is observed as malignant cell growth in the breast area. Such cancer can start at the breast tissue, ducts, or the lobules. In general, cancers developing from lobules are known as lobular carcinomas while cancer developing from the ducts are known as ductal carcinomas. The symptoms of cancer include dimpling of the skin, lumps, alteration in the breast size and impeding of fluid coming from breast. Generally, breast cancer is observed as the common disease in women over the age of 50. Moreover, the breast cancer is second most common disorder among all cancer types. This disease can be diagnosed and controlled by imaging test, physical tests, biopsy and appropriate care.

The Global Breast Cancer Therapy Market is anticipated to reach USD 29.6 Billion by 2026 according to a new research published by Polaris Market Research. In 2017, the targeted therapy segment dominated the global market, in terms of revenue.

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The global breast cancer therapies market is majorly driven by increasing occurrence of breast cancer cases across the globe. Rising number of breast cancer cases are related with early menarche, protracted exposure to endogenous estrogens, late menopause and late stage at first childbirth which all are anticipated to render high impact on the market growth. In addition, launch of several screening and diagnostic programs and increasing advancement in technology are other factors expected to make a remarkable growth in the market. Moreover, increasing occurrence of obesity in women after menopause, increasing consciousness regarding breast cancer, and lifestyle risk factors (alcohol consumption and smoking) are other circumstances expected to drive the growth in global breast cancer therapies market.

Geographically, North America accounted for the largest share in the global breast cancer therapies market in 2017. The dominance is majorly owing to the increasing R&D funding through private and public organizations along with growing prevalence of breast cancer in the region. Moreover, increasing geriatric population majorly in U.S. and, breast feeding termination at an early stage are factors stimulating the risk factors for breast cancer development which in turn is expected to support the growth of breast cancer therapies market in North America region. Asia Pacific breast cancer therapies market is expected to grow at significant rate during the forecast period due to increasing occurrence of disease coupled with increasing rate of lifestyle changes and health risks associated with it. Moreover, increasing adoption of technology, refining economic settings, and rising awareness regarding disease preventions are other factors boosting the breast cancer therapies market growth across Asia Pacific region.

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The leading companies profiled in the Breast Cancer Therapies Market report include AstraZeneca, Bayer AG, Danaher, Bristol Myers Squibb, Eisai Co., Ltd., Merck & Co., Novartis AG, Novocure, Pfizer Inc., and F. Hoffmann-La Roche AG.

Automotive Plastics Market | Covid-19 Pandemic Analysis, Growth Rate, New Trend Analysis

The global Automotive plastics market is anticipated to witness significant growth over the forecast period due to factors such as rising pressure to reduce vehicle weight, favorable regulations coupled with the rising sales of passenger cars. Flexibility in design, inherent properties such as corrosion resistant, dust proof are also expected to benefit the automotive plastics market growth. Design engineers are integrating blow molded as well as injection molded plastic parts in their designs that offer a better design without the complicated assembly work. Plastics are also being increasingly used in the structural design of cars as well. This industry is closely working with the automotive industry to provide enhanced design features.

Plastics have facilitated the increase in vehicle compatibility, and including more safety dimensions in less space as well as improving the safety belt designs. Such trends have led to a rise in demand for automotive plastics across globe. Safety advances have been made affordable due to the usage of these high-performance materials in automotive interiors.

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Automotive plastics are used in vehicle exteriors as they impede roof crash. Resist the intrusion of vehicles, and contribute in the reduction of the vehicle weight with almost no compromise on safety. They are used in a wide variety of exterior applications ranging from bumpers to body panels. Such wide applicability has benefitted the global automotive plastic market demand.

Companies are involved in the research and development activities for developing new materials for usage in the vehicle industry. Thermoplastic material blends, light weight PP, bio-based materials are some of the examples of the ongoing R&D activities. Manufacturing techniques such as multi-level extrusion for reduction of permeability are being used to manufacture plastics for specific needs.

Vehicle mass reduction is one of the key paths to achieve increased fuel efficiency. Plastic in combination with polymer composites aid in this effort. They are being increasingly used in vehicle interiors, exteriors, and lighting to reduce the overall vehicle weight. Government or privately funded mass reduction studies have pointed out the usage of these materials and their importance in cutting down emissions. Thus, favorable regulations along with initiatives taken by government as well as private institutions is bound to benefit the automotive plastics market demand over the next few years.

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Companies are developing products that aid automotive manufacturers to reduce the vehicle weight, reduce emissions, as well as increase safety. Customized products suitable for applications such as retainers, central stack, housings, rails, sliding, brackets, housing, levers as well as frames are being provided by companies. Some of the major market players for automotive plastics include Akzo Nobel NV, Evonik Industries AG, BASF SE, Covestro AG, Koninklijke DSM NV, The Dow Chemical Company, Teijin Limited, LANXESS, Solvay, and LyondellBasell Industries Holdings BV.

Animal Feed Enzyme Market by Growing Rate, Type, Applications, Geographical Regions

The global animal feed market size is anticipated to reach $337.7 billion by 2026, growing at a CAGR of 4.7% during the forecast period, according to a report published by Polaris Market Research. The report ‘Animal Feed Market Size By Product Type (Compound Feed, Fodder, Forage), By Animal Type (Livestock (Poultry, Cattle, Pigs, Aquaculture, Others) Pet Animals), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

Animal feeds have contributed significantly in the growth of food industry globally and feed are among the most crucial and essential component for retaining abundant, affordable and safe animal proteins. For over a decade, the world has witnessed rising demand for proteins derived from animal, including fish, livestock, and dairy. The growth has been witnessed mainly in the developing regions as reported by IFIF, wherein the developed regions have witnessed fluctuating stabilities in growth. The global feed industry has witnessed production expansion in terms of volume and value. This phenomenon has taken place concerning growing worldwide population, more consumer purchasing power, and rising urbanization.

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With modern population achieving new levels of political and commercial involvements, there is an anticipated enhancement in the demand for animal feed further which is crucially significant in the entire food chain for its role. As the producer’s perseverance becomes more consumer-oriented and focused, the outcomes include increasing environmental footprint with even more rapidly growing requirements for sustainability. Mill and farm feed have witnessed a push on account of increasing environmental impact and greenhouse gases concerning the production of animals.

Some of the significant market participants currently operating in the industry include DaChan Food (Asia) Ltd., Yuetai Group, Smithfield Foods, NongHyup Feed Inc., Tangrenshen Group (TRS), East Hope Group, Nutreco, De Heus, Haid Group, Shuangbaotai Group (Twins Group), Agrifirm Group, JA Zen-Noh, Purina Animal Nutrition, ForFarmers N.V., Tyson Foods (broiler), New Hope Liuhe, BRF, Wen’s Food Group, Cargill, and CP Group.

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The selectivity priority by consumers in the purchase of eggs, meat, and dairy products, have been coupled with the questions of particular animal feeds and the breeding conditions related to each. Feed mills are also considered to be most crucial to the value chain as a human diet id directly influenced by these which have also gained an enthusiastic consumer culture. Feed is considered to be very essential as these might contain adulterated components which can be a serious issue for the food safety. Thus, the global feed market has shown interest in extensive production of organically developed high quality animal feed due to changing consumer behaviour related to the quality of output such as milk or meat. These parameters have been continuously playing important role in the advancement of the global feed industry.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the global animal feed industry, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

Competitive Landscape and Key Vendors

The Asia Pacific is the largest regional market for the animal feed market. The increase in rapid production by meat processors and changing consumer demand & behaviour for organic food products are identified to be among some of the crucial parameters for the growth of feed market in the region. This regional market is expected to witness considerable growth over the forecast period.

Multiple new product innovation, unpenetrated & under-penetrated market dynamics, several expansion strategies among the feed producers, surging demand for nutrient-rich & healthy feed, and growing purchasing power, are the most important factors driving the Asia Pacific market. Europe is likely to be another potential regional player for feed production over the forecast period.

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