Beer MarketThe Beer Market was estimated around USD 630 million in 2019 and is predicted to grow at a CAGR of 5.2% over the forecast period (2020-2027).The factors driving the growth of Beer Market includes growing awareness amongst consumers about the health benefits of consuming beer, increasing popularity of alcoholic beverages amongst millennials and rise in the number of wine shops and liquor stores around the world. As per the report published by Federal Reserve Economic Data (FRED), revenue generated by beer, wine and liquor stores in the United States has increased from USD 3,707 million in February 2017 to USD 4,301 million in 2020, which is expected to boost the Beer Market share in the approaching years. Moreover, rise in the launch of innovative products, increasing availability of beer products at online platforms, growing consumers preference for preimmunized beers, are some of the additional factors supplementing the Global Beer Market. In addition, increasing investments by leading players on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.Request a free sample of this reportHowever, the growth of Beer Market is hindered due to strict regulations regarding the promotion of beer.The leading players operating in the Beer Market includes Pabst Brewing Company LLC, Molson Coors Beverage Company, Tsingtao Beer Trading Co. Ltd, SABMiller Plc, Ab Inbev SA, Carlsberg Breweries A/S, Asahi Group Holdings, Heineken N.V., China Resources Beer Company Ltd, and Boston Beer Company, Inc., among others.Based on Production, the Micro-Brewery segment is predicted to expand at a significant CAGR during the forecast periodAs per the Beer Market Research, growing demand for craft beers across the globe attributed to its health benefits along with environment friendly properties of microbreweries, are some of the factors responsible for the segment’s growth.Based on Packaging, the Canned Beer segment is predicted to grow at a remarkable CAGR over the forecast periodAccording to the Beer Market Analysis, canned packaging styles are increasingly preferred by manufactures because they are easy to carry and are safe for transportation, are the factors propelling the segment’s growth.Based on Region, the North American region is anticipated to hold the highest market share during the forecast periodAs per the Beer Market Report, rise in the number of microbreweries, growing demand for innovative beers, busy lifestyles, increasing acceptance towards beers in party and high per capita incomes, are some of the important factors augmenting the Beer Market size in North America.Key Developments:In 2021, Heinekin acquired Namibia Breweries Limited, Distell Group Holdings Limited, and Ohlthaver & List Group of Companies to expand its foothold in the Southern African market.In 2021, Carlesberg launched new beer bottle to reduce the carbon impact of glass bottles by 90%.Market SegmentationSegmentation by ProductLight BeerStrong BeerSegmentation by ProductionMacro BreweryMicro-BrewerySegmentation by CategoryPremium BeerSuper Premium BeerNormal BeerSegmentation by PackagingCanned BeerBottled BeerDraught BeerSegmentation by Region    Asia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

The Fertilizer Market was estimated around USD 840 billion in 2019 and is expected to grow at a CAGR of 5% over the forecast period (2020-2027).The factors driving the growth of Fertilizer Market includes growing popularity of organic fertilizers, rise in the consumption of food, increased adoption of precision farming around the world and expansion of the agriculture sector. According to the report published by Statista, the Global Precision Farming Market was calculated around USD 6.73 billion in 2021 and is expected to reach USD 14.44 billion by the end of 2027, which will accelerate the Global Fertilizer Market in the approaching years. Moreover, growing demand for high-efficiency fertilizers, rising awareness amongst farmers about the benefits of using fertilizers and Government schemes promoting the use of organic fertilizers, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, rising concerns related to environment pollution, easy availability of credit to farmers, rapid urbanization, and growing population growth rates, are further contributing towards the market growth.Request a free sample of this reportHowever, growth of the Fertilizer Market is hindered attributed to high cost of producing specialty fertilizers.The leading players operating in the market are Syngenta AG, Israel Chemicals Ltd. (ICL), Sumitomo Chemical Co., Ltd., Haifa Group, Yara, Nutrien Ltd., Mosaic, IFFCO, CF Industries Holdings, Inc. and Bunge Limited, among others.Based on Form, the Dry segment is predicted to expand at a significant CAGR during the forecast period As per the Fertilizer Market Analysis, dry fertilizers are cost effective, comes in different blends and highly efficient for pre plant applications, are some of the key factors responsible for the segment’s growth.Based on Application, the Agriculture segment is projected to grow at a remarkable CAGR over the forecast period According to the Fertilizer Market Report, growing demand for wheat, rice, and paddy across the globe, is the major factor propelling the growth of the segment.Based on Region, the Asia-Pacific region is anticipated to capture the largest market share during the forecast period Increasing reliance on nitrogenous fertilizers, Government policies promoting precision farming, rising concerns related to pollution, favorable demographic conditions and topography for agricultural practices and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific region.Key DevelopmentIn 2021, Yara completed the acquisition of Finish colan, which will expand its organic fertilizer business.In 2020, Yara East Africa intorduced a micronutrient fertilizer, Yara Microp, to raise maize yields in Western Kenya. Yara Microp is incorporated with nitrogen, phosphorus, sulfur, ammoniacal nitrogen, and zinc, to help maize crops grow faster and produce high yields.In 2020, Haifa Group launched a new range of plant supplements, which it calls “HaifaStim”. It includes wide range of products, which are formulated to enhance the plant’s environment and support its physiological growth process.Market SegmentationSegmentation by FormDryLiquidSegmentation by ProductOrganicPlant-based fertilizerAnimal-based fertilizerMineral-based fertilizerInorganicNitrogenPhosphorusPotassiumSegmentation by ApplicationAgricultureHorticultureGardeningOthersSegmentation by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

This is jobhop

LNG MarketThe Liquified Natural Gas (LNG) Market was valued around USD 94.0 billion in 2019 and is expected to reach USD 137 billion by the end of2027, growing at a CAGR of 4.8% over the period (2020-2027).The factors driving the growth of LNG Market includes rise in the energy consumption around the world, degradation of coal reserves and increasing application of LNG for food processing, Bottling of beverages and manufacturing dairy products. As per the World Energy & Climate Statistics Yearbook- 2022, the world energy consumption rebounded by 5% in 2021, after declining from 4.5% in 2020, which will boost the LNG Market Growth in the approaching years. In addition, the growing focus towards using cleaner sources of energy, rise in Government’s expenditure on power related projects, increasing use of LNG as a fuel in the Automotive Industry, and rise in the crude oil prices across the globe, are some of the additional factors supplementing the LNG Market share. As per the data available at Statista, the revenue expenditure by the Central and State Governments in India has increased from INR 734.11 billion in 2014 to reach more than 1.4 trillion in 2018, which is expected to boost the LNG Market size in the coming years. As per the LNG Market Outlook The rising emphasis on reducing greenhouse gas emissions, increasing disposable incomes, growing investments by leading players on research and development and rapid urbanization, are further contributing to the market growth.  However, the growth of LNG Market is hindered due to inadequate pipeline infrastructure in the developing countries.The leading players operating in the market are China Petrochemical Corporation, Equinor ASA, Canadian Natural, Exxon Mobil Corporation, Chevron Corporation, Total, Royal Dutch Shell PLC, Gazprom, PetroChina Company Limited, and BP p.l.c., among others.Application: Segment AnalysisAccording to the LNG Market Analysis, the Power Generation segment is projected to grow at a significant CAGR during the forecast period. Rise in the prices of crude oil, growing emphasis on using cleaner sources of energy and rapid urbanization, are some of the factors responsible for the segment’s growth.Regional: Segment AnalysisAs per the LNG Market Forecast, the Asia-Pacific region is anticipated to expand at a remarkable CAGR over the forecast period. Rise in the energy consumption, rise in the number of infrastructure projects, expansion of the Automotive Industry, increasing Government’s expenditure on the construction of pipelines, high population growth rates and improvements in the living standards, are some of the important factors augmenting the market growth in Asia-Pacific region.Market SegmentationGlobal Liquefied Natural Gas (LNG) Market by Application  TransportationPower GenerationMining & IndustrialOthersGlobal Liquefied Natural Gas (LNG) Market by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: enquiry@gmiresearch.com Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com   

The factors driving the growth of GCC Elevators and Escalators Market includes rapid growth in the construction sector, increasing investments on the infrastruc

Create your free travel blog for thousands to read!