Global Seafood Processing Equipment Market. Industry Insights The global seafood processing equipment market size was valued at USD 1.95 billion in 2017.
It is anticipated to expand at a CAGR of 3.2% over the forecast period. Strict government regulations regarding food and associated industries are anticipated to increase consumer inclination towards seafood. Rising income, population, urbanization, and health awareness are expected to further propel the market growth. The demand for tasty and healthy processed food is witnessing exponential increase every year, with a rising population and an increased need to fulfill its food requirements.
To learn more about this report, request a free sample copy The Global Aquaculture Alliance (GAA) manages the Best Aquaculture Practices (BAP) certification standards for the seafood processing industries, hatcheries, farms, and feed mills. In recent years, the demand for seafood has witnessed substantial growth. Report Coverage & Deliverables Equipment Insights Product Insights Report Scope. Acrylonitrile Butadiene Styrene Market. Industry Insights The global acrylonitrile butadiene styrene (ABS) market size was estimated at USD 23.09 billion in 2016 and it is projected to witness a CAGR of 7.1% over the forecast period.
Considering the lightweight properties of ABS, which aids in high fuel efficiency, demand for the same is likely to increase in the automotive industry. The automotive industry has been experiencing a significant change over the years and there is an increasing trend towards the reduction of automobile weight in order to improve fuel efficiency. An estimated 10.0% reduction in weight results in about 5.0% to 7.0% fuel saving in an automobile. In addition, the reduced weight helps control CO2 emission over the life cycle of the vehicle. Brazil Rigid Polyurethane Foam Market. Industry Insights The Brazil rigid polyurethane (PU) foam market size was valued at USD 239.2 million in 2017.
It is characterized by high demand from end-use industries such as building and construction, automotive, and appliances. In recent years, the country registered a shift towards bio-based alternatives in an attempt to curb environmental deterioration. This trend is led by government as well as regulatory authorities such as IBAMA and MMA to drive performance-based product formulations in the country to build a sustainable business model. Volatility in crude oil prices may reflect turbulence in raw material prices as well as availability in the country.
To learn more about this report, request a free sample copy Rigid polyurethane (PU) foam is formulated with ingredients, including isocyanates, catalysts, polyols, blowing agents, and surfactants among others. Report Coverage & Deliverables PDF report & online dashboard will help you understand: Product Insights Application Insights. MEA Cloud Infrastructure Services Market. Industry Insights The MEA cloud infrastructure services market size was valued at USD 2.57 billion in 2017 and it is anticipated to expand at a CAGR of 28.7 % during the forecast years.
The growth can be attributed to rising investments by the regional governments and private firms in upcoming technologies. Moreover, increasing awareness among Small and Medium-sized Enterprises (SMEs) for cloud technology is fueling demand for this market. Cloud infrastructure services enable rapid business deployment and help manage business and expenses in cost-effective ways.
The cloud revolution has attracted many large organizations, as well as SMEs, to move from conventional on-premise deployment to cloud deployment in order to amplify cost saving and protect digital assets. Tier 1 companies have identified the Middle East as one of the most lucrative target regions, owing to high economic strength and demand for digitization. To learn more about this report, request a free sample copy Report Scope. Aquaculture Market Size, Share Growth. Industry Insights The global aquaculture market demand was 69,230 kilotons in 2013.
It is projected to grow at a CAGR of 2.0% from 2014 to 2020. Aquaculture is the farming process of aquatic organisms such as fish, mollusks, crustaceans and other aquatic flora and fauna species. Farming involves particular interventions in the rearing process such as feeding, regular stocking, protection from predators, etc. to increase production. As per product requirements; fresh, marine and brackish water environments are some available options utilized for aquaculture. U.S. Pharmacy Benefit Management Market Worth $744.6 Billion By 2026. March 2019 | Report Format: Electronic (PDF) The U.S. pharmacy benefits management market size is projected to reach USD 744.6 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 9.2% during the forecast period.
Increasing vertical integration of key market players, rising prevalence of chronic disease, and shrinking FDA generic-approval backlog are some of the primary growth stimulants for the market. Vertical integration of pharmacy benefits management (PBM) organizations with health insurance companies are poised to result in increased control of PBMs over distribution systems. This will lead to rise in rebates, ultimately increasing the cost of drug list prices. Moreover, it will result in a monopoly of certain market player, concentrating sales and revenue generation. All PBM businesses in the U.S. must include home delivery and specialty pharmacies licensed as pharmacies in the states of establishment. CommercialFederal.